25.96 USD
+0.36 (+1.41%)
26.11 USD
+0.15 (+0.58%)
Overall UCTT gets a fundamental rating of 4 out of 10. We evaluated UCTT against 113 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and financial health of UCTT have multiple concerns. UCTT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year UCTT was profitable.
UCTT had a positive operating cash flow in the past year.
UCTT had positive earnings in 4 of the past 5 years.
Each year in the past 5 years UCTT had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -9.39%, UCTT is doing worse than 75.22% of the companies in the same industry.
UCTT's Return On Equity of -22.76% is on the low side compared to the rest of the industry. UCTT is outperformed by 75.22% of its industry peers.
The Return On Invested Capital of UCTT (3.30%) is comparable to the rest of the industry.
UCTT had an Average Return On Invested Capital over the past 3 years of 5.52%. This is significantly below the industry average of 10.77%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.39% | ||
| ROE | -22.76% | ||
| ROIC | 3.3% |
ROA(3y)0.54%
ROA(5y)2.91%
ROE(3y)1.19%
ROE(5y)6.44%
ROIC(3y)5.52%
ROIC(5y)7.36%
1.3 Margins
In the last couple of years the Profit Margin of UCTT has declined.
The Operating Margin of UCTT (2.83%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of UCTT has grown nicely.
Looking at the Gross Margin, with a value of 15.99%, UCTT is doing worse than 83.19% of the companies in the same industry.
UCTT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.83% | ||
| PM (TTM) | N/A | ||
| GM | 15.99% |
OM growth 3Y-20.77%
OM growth 5Y7.6%
PM growth 3Y-41.65%
PM growth 5YN/A
GM growth 3Y-6.02%
GM growth 5Y-1.65%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so UCTT is destroying value.
Compared to 1 year ago, UCTT has more shares outstanding
Compared to 5 years ago, UCTT has more shares outstanding
The debt/assets ratio for UCTT has remained at the same level compared to a year ago.
2.2 Solvency
UCTT has an Altman-Z score of 2.65. This is not the best score and indicates that UCTT is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.65, UCTT is doing worse than 60.18% of the companies in the same industry.
UCTT has a debt to FCF ratio of 27.86. This is a negative value and a sign of low solvency as UCTT would need 27.86 years to pay back of all of its debts.
UCTT's Debt to FCF ratio of 27.86 is in line compared to the rest of the industry. UCTT outperforms 45.13% of its industry peers.
UCTT has a Debt/Equity ratio of 0.66. This is a neutral value indicating UCTT is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.66, UCTT is not doing good in the industry: 73.45% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 27.86 | ||
| Altman-Z | 2.65 |
ROIC/WACC0.3
WACC11%
2.3 Liquidity
A Current Ratio of 3.21 indicates that UCTT has no problem at all paying its short term obligations.
UCTT has a Current ratio (3.21) which is comparable to the rest of the industry.
UCTT has a Quick Ratio of 1.91. This is a normal value and indicates that UCTT is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.91, UCTT is in line with its industry, outperforming 43.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.21 | ||
| Quick Ratio | 1.91 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 18.58% over the past year.
The Earnings Per Share has been growing by 8.60% on average over the past years. This is quite good.
The Revenue has been growing slightly by 6.66% in the past year.
The Revenue has been growing by 14.49% on average over the past years. This is quite good.
EPS 1Y (TTM)18.58%
EPS 3Y-29.85%
EPS 5Y8.6%
EPS Q2Q%-20%
Revenue 1Y (TTM)6.66%
Revenue growth 3Y-0.06%
Revenue growth 5Y14.49%
Sales Q2Q%-5.63%
3.2 Future
The Earnings Per Share is expected to grow by 27.07% on average over the next years. This is a very strong growth
Based on estimates for the next years, UCTT will show a quite strong growth in Revenue. The Revenue will grow by 9.57% on average per year.
EPS Next Y-25.8%
EPS Next 2Y2.34%
EPS Next 3Y12.05%
EPS Next 5Y27.07%
Revenue Next Year-2.01%
Revenue Next 2Y1.79%
Revenue Next 3Y6.67%
Revenue Next 5Y9.57%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
UCTT is valuated rather expensively with a Price/Earnings ratio of 19.37.
Based on the Price/Earnings ratio, UCTT is valued cheaply inside the industry as 91.15% of the companies are valued more expensively.
UCTT is valuated rather cheaply when we compare the Price/Earnings ratio to 26.61, which is the current average of the S&P500 Index.
UCTT is valuated rather expensively with a Price/Forward Earnings ratio of 17.10.
Based on the Price/Forward Earnings ratio, UCTT is valued cheaply inside the industry as 88.50% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of UCTT to the average of the S&P500 Index (24.01), we can say UCTT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.37 | ||
| Fwd PE | 17.1 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, UCTT is valued cheaper than 93.81% of the companies in the same industry.
UCTT's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 68.91 | ||
| EV/EBITDA | 9.89 |
4.3 Compensation for Growth
A more expensive valuation may be justified as UCTT's earnings are expected to grow with 12.05% in the coming years.
PEG (NY)N/A
PEG (5Y)2.25
EPS Next 2Y2.34%
EPS Next 3Y12.05%
5. Dividend
5.1 Amount
UCTT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
25.96
+0.36 (+1.41%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners94.18%
Inst Owner Change-0.35%
Ins Owners1.86%
Ins Owner Change1.23%
Market Cap1.18B
Revenue(TTM)2.11B
Net Income(TTM)-161.60M
Analysts84
Price Target35.7 (37.52%)
Short Float %4.31%
Short Ratio3.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.92%
Min EPS beat(2)-1.96%
Max EPS beat(2)9.8%
EPS beat(4)2
Avg EPS beat(4)2.09%
Min EPS beat(4)-12.16%
Max EPS beat(4)12.68%
EPS beat(8)6
Avg EPS beat(8)24.62%
EPS beat(12)7
Avg EPS beat(12)7.59%
EPS beat(16)7
Avg EPS beat(16)5.12%
Revenue beat(2)1
Avg Revenue beat(2)0.26%
Min Revenue beat(2)-1.03%
Max Revenue beat(2)1.56%
Revenue beat(4)1
Avg Revenue beat(4)-1.02%
Min Revenue beat(4)-3.36%
Max Revenue beat(4)1.56%
Revenue beat(8)4
Avg Revenue beat(8)0.36%
Revenue beat(12)5
Avg Revenue beat(12)-0.51%
Revenue beat(16)7
Avg Revenue beat(16)-0.38%
PT rev (1m)12%
PT rev (3m)12%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-17.86%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.37 | ||
| Fwd PE | 17.1 | ||
| P/S | 0.56 | ||
| P/FCF | 68.91 | ||
| P/OCF | 15.8 | ||
| P/B | 1.66 | ||
| P/tB | 2.73 | ||
| EV/EBITDA | 9.89 |
EPS(TTM)1.34
EY5.16%
EPS(NY)1.52
Fwd EY5.85%
FCF(TTM)0.38
FCFY1.45%
OCF(TTM)1.64
OCFY6.33%
SpS46.5
BVpS15.64
TBVpS9.52
PEG (NY)N/A
PEG (5Y)2.25
Graham Number21.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.39% | ||
| ROE | -22.76% | ||
| ROCE | 4.18% | ||
| ROIC | 3.3% | ||
| ROICexc | 4.24% | ||
| ROICexgc | 5.65% | ||
| OM | 2.83% | ||
| PM (TTM) | N/A | ||
| GM | 15.99% | ||
| FCFM | 0.81% |
ROA(3y)0.54%
ROA(5y)2.91%
ROE(3y)1.19%
ROE(5y)6.44%
ROIC(3y)5.52%
ROIC(5y)7.36%
ROICexc(3y)7.05%
ROICexc(5y)9.7%
ROICexgc(3y)11.03%
ROICexgc(5y)17.01%
ROCE(3y)6.99%
ROCE(5y)9.32%
ROICexgc growth 3Y-29.69%
ROICexgc growth 5Y0.39%
ROICexc growth 3Y-24.76%
ROICexc growth 5Y7.61%
OM growth 3Y-20.77%
OM growth 5Y7.6%
PM growth 3Y-41.65%
PM growth 5YN/A
GM growth 3Y-6.02%
GM growth 5Y-1.65%
F-Score5
Asset Turnover1.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 27.86 | ||
| Debt/EBITDA | 3.44 | ||
| Cap/Depr | 75.86% | ||
| Cap/Sales | 2.72% | ||
| Interest Coverage | 1.57 | ||
| Cash Conversion | 55.06% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.21 | ||
| Quick Ratio | 1.91 | ||
| Altman-Z | 2.65 |
F-Score5
WACC11%
ROIC/WACC0.3
Cap/Depr(3y)117.55%
Cap/Depr(5y)104.35%
Cap/Sales(3y)3.87%
Cap/Sales(5y)3.41%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.58%
EPS 3Y-29.85%
EPS 5Y8.6%
EPS Q2Q%-20%
EPS Next Y-25.8%
EPS Next 2Y2.34%
EPS Next 3Y12.05%
EPS Next 5Y27.07%
Revenue 1Y (TTM)6.66%
Revenue growth 3Y-0.06%
Revenue growth 5Y14.49%
Sales Q2Q%-5.63%
Revenue Next Year-2.01%
Revenue Next 2Y1.79%
Revenue Next 3Y6.67%
Revenue Next 5Y9.57%
EBIT growth 1Y-19.97%
EBIT growth 3Y-20.82%
EBIT growth 5Y23.19%
EBIT Next Year5.95%
EBIT Next 3Y17.1%
EBIT Next 5Y24.97%
FCF growth 1Y157.77%
FCF growth 3Y-78.56%
FCF growth 5Y-56.35%
OCF growth 1Y20.71%
OCF growth 3Y-32.53%
OCF growth 5Y-11.69%
ULTRA CLEAN HOLDINGS INC / UCTT FAQ
What is the fundamental rating for UCTT stock?
ChartMill assigns a fundamental rating of 4 / 10 to UCTT.
Can you provide the valuation status for ULTRA CLEAN HOLDINGS INC?
ChartMill assigns a valuation rating of 4 / 10 to ULTRA CLEAN HOLDINGS INC (UCTT). This can be considered as Fairly Valued.
Can you provide the profitability details for ULTRA CLEAN HOLDINGS INC?
ULTRA CLEAN HOLDINGS INC (UCTT) has a profitability rating of 3 / 10.
How financially healthy is ULTRA CLEAN HOLDINGS INC?
The financial health rating of ULTRA CLEAN HOLDINGS INC (UCTT) is 3 / 10.
What is the earnings growth outlook for ULTRA CLEAN HOLDINGS INC?
The Earnings per Share (EPS) of ULTRA CLEAN HOLDINGS INC (UCTT) is expected to decline by -25.8% in the next year.