Logo image of UCTT

ULTRA CLEAN HOLDINGS INC (UCTT) Stock Fundamental Analysis

NASDAQ:UCTT - Nasdaq - US90385V1070 - Common Stock - Currency: USD

36.16  +1 (+2.84%)

After market: 36.16 0 (0%)

Fundamental Rating

4

Overall UCTT gets a fundamental rating of 4 out of 10. We evaluated UCTT against 108 industry peers in the Semiconductors & Semiconductor Equipment industry. UCTT may be in some trouble as it scores bad on both profitability and health. UCTT has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

3

1. Profitability

1.1 Basic Checks

UCTT had positive earnings in the past year.
UCTT had a positive operating cash flow in the past year.
In multiple years UCTT reported negative net income over the last 5 years.
Each year in the past 5 years UCTT had a positive operating cash flow.
UCTT Yearly Net Income VS EBIT VS OCF VS FCFUCTT Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50M -50M 100M 150M 200M

1.2 Ratios

UCTT's Return On Assets of 0.18% is in line compared to the rest of the industry. UCTT outperforms 45.37% of its industry peers.
UCTT has a Return On Equity of 0.42%. This is comparable to the rest of the industry: UCTT outperforms 45.37% of its industry peers.
UCTT has a Return On Invested Capital (3.71%) which is in line with its industry peers.
UCTT had an Average Return On Invested Capital over the past 3 years of 7.13%. This is below the industry average of 11.92%.
Industry RankSector Rank
ROA 0.18%
ROE 0.42%
ROIC 3.71%
ROA(3y)2.1%
ROA(5y)2.48%
ROE(3y)4.97%
ROE(5y)5.47%
ROIC(3y)7.13%
ROIC(5y)7.07%
UCTT Yearly ROA, ROE, ROICUCTT Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10 20

1.3 Margins

UCTT has a Profit Margin of 0.18%. This is comparable to the rest of the industry: UCTT outperforms 46.30% of its industry peers.
UCTT's Operating Margin of 3.77% is in line compared to the rest of the industry. UCTT outperforms 53.70% of its industry peers.
In the last couple of years the Operating Margin of UCTT has declined.
With a Gross Margin value of 16.95%, UCTT is not doing good in the industry: 81.48% of the companies in the same industry are doing better.
UCTT's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 3.77%
PM (TTM) 0.18%
GM 16.95%
OM growth 3Y-36.1%
OM growth 5Y-18.63%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.49%
GM growth 5Y-0.06%
UCTT Yearly Profit, Operating, Gross MarginsUCTT Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 5 10 15 20

More info and screens

3

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UCTT is destroying value.
UCTT has more shares outstanding than it did 1 year ago.
The number of shares outstanding for UCTT has been increased compared to 5 years ago.
Compared to 1 year ago, UCTT has an improved debt to assets ratio.
UCTT Yearly Shares OutstandingUCTT Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M
UCTT Yearly Total Debt VS Total AssetsUCTT Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B

2.2 Solvency

UCTT has an Altman-Z score of 2.66. 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 2.66, UCTT is doing worse than 60.19% of the companies in the same industry.
The Debt to FCF ratio of UCTT is 24.13, which is on the high side as it means it would take UCTT, 24.13 years of fcf income to pay off all of its debts.
UCTT has a Debt to FCF ratio (24.13) which is comparable to the rest of the industry.
UCTT has a Debt/Equity ratio of 0.55. This is a neutral value indicating UCTT is somewhat dependend on debt financing.
The Debt to Equity ratio of UCTT (0.55) is worse than 76.85% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.55
Debt/FCF 24.13
Altman-Z 2.66
ROIC/WACC0.26
WACC14.04%
UCTT Yearly LT Debt VS Equity VS FCFUCTT Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 200M 400M 600M 800M

2.3 Liquidity

A Current Ratio of 2.75 indicates that UCTT has no problem at all paying its short term obligations.
With a Current ratio value of 2.75, UCTT perfoms like the industry average, outperforming 49.07% of the companies in the same industry.
A Quick Ratio of 1.63 indicates that UCTT should not have too much problems paying its short term obligations.
The Quick ratio of UCTT (1.63) is worse than 67.59% of its industry peers.
Industry RankSector Rank
Current Ratio 2.75
Quick Ratio 1.63
UCTT Yearly Current Assets VS Current LiabilitesUCTT Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B

More info and screens

6

3. Growth

3.1 Past

UCTT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -13.08%.
Measured over the past years, UCTT shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -20.56% on average per year.
The Revenue has been growing slightly by 6.61% in the past year.
The Revenue has been growing by 9.61% on average over the past years. This is quite good.
EPS 1Y (TTM)-13.08%
EPS 3Y-41.59%
EPS 5Y-20.56%
EPS Q2Q%775%
Revenue 1Y (TTM)6.61%
Revenue growth 3Y7.44%
Revenue growth 5Y9.61%
Sales Q2Q%24.23%

3.2 Future

The Earnings Per Share is expected to grow by 50.36% 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 12.51% on average per year.
EPS Next Y151.86%
EPS Next 2Y124.45%
EPS Next 3Y105.43%
EPS Next 5Y50.36%
Revenue Next Year20.69%
Revenue Next 2Y16.02%
Revenue Next 3Y19.03%
Revenue Next 5Y12.51%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
UCTT Yearly Revenue VS EstimatesUCTT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1B 2B 3B
UCTT Yearly EPS VS EstimatesUCTT Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6

More info and screens

6

4. Valuation

4.1 Price/Earnings Ratio

UCTT is valuated quite expensively with a Price/Earnings ratio of 32.00.
Compared to the rest of the industry, the Price/Earnings ratio of UCTT indicates a somewhat cheap valuation: UCTT is cheaper than 68.52% of the companies listed in the same industry.
UCTT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 28.51, which is the current average of the S&P500 Index.
UCTT is valuated correctly with a Price/Forward Earnings ratio of 12.82.
91.67% of the companies in the same industry are more expensive than UCTT, based on the Price/Forward Earnings ratio.
UCTT is valuated cheaply when we compare the Price/Forward Earnings ratio to 93.88, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 32
Fwd PE 12.82
UCTT Price Earnings VS Forward Price EarningsUCTT Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, UCTT is valued cheaper than 84.26% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as UCTT.
Industry RankSector Rank
P/FCF 79.87
EV/EBITDA 11.84
UCTT Per share dataUCTT EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as UCTT's earnings are expected to grow with 105.43% in the coming years.
PEG (NY)0.21
PEG (5Y)N/A
EPS Next 2Y124.45%
EPS Next 3Y105.43%

More info and screens

0

5. Dividend

5.1 Amount

No dividends for UCTT!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

ULTRA CLEAN HOLDINGS INC

NASDAQ:UCTT (1/30/2025, 4:30:02 PM)

After market: 36.16 0 (0%)

36.16

+1 (+2.84%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)10-28 2024-10-28/amc
Earnings (Next)02-19 2025-02-19/amc
Inst Owners94.59%
Inst Owner Change-3.32%
Ins Owners1.19%
Ins Owner Change0.35%
Market Cap1.63B
Analysts84
Price Target58.91 (62.91%)
Short Float %2.71%
Short Ratio3.3
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)2
Avg EPS beat(2)13.18%
Min EPS beat(2)4.3%
Max EPS beat(2)22.07%
EPS beat(4)4
Avg EPS beat(4)47.16%
Min EPS beat(4)4.3%
Max EPS beat(4)105.73%
EPS beat(8)5
Avg EPS beat(8)10.35%
EPS beat(12)5
Avg EPS beat(12)6.13%
EPS beat(16)9
Avg EPS beat(16)5.99%
Revenue beat(2)2
Avg Revenue beat(2)2.98%
Min Revenue beat(2)2.7%
Max Revenue beat(2)3.25%
Revenue beat(4)3
Avg Revenue beat(4)1.74%
Min Revenue beat(4)-1.97%
Max Revenue beat(4)3.25%
Revenue beat(8)4
Avg Revenue beat(8)-0.25%
Revenue beat(12)6
Avg Revenue beat(12)-0.17%
Revenue beat(16)8
Avg Revenue beat(16)0.1%
PT rev (1m)0%
PT rev (3m)-3.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.32%
EPS NY rev (1m)0%
EPS NY rev (3m)3.24%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)8.92%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.69%
Valuation
Industry RankSector Rank
PE 32
Fwd PE 12.82
P/S 0.82
P/FCF 79.87
P/OCF 19.58
P/B 1.9
P/tB 4.07
EV/EBITDA 11.84
EPS(TTM)1.13
EY3.13%
EPS(NY)2.82
Fwd EY7.8%
FCF(TTM)0.45
FCFY1.25%
OCF(TTM)1.85
OCFY5.11%
SpS43.92
BVpS19.04
TBVpS8.88
PEG (NY)0.21
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 0.18%
ROE 0.42%
ROCE 4.7%
ROIC 3.71%
ROICexc 4.64%
ROICexgc 7.25%
OM 3.77%
PM (TTM) 0.18%
GM 16.95%
FCFM 1.03%
ROA(3y)2.1%
ROA(5y)2.48%
ROE(3y)4.97%
ROE(5y)5.47%
ROIC(3y)7.13%
ROIC(5y)7.07%
ROICexc(3y)9.62%
ROICexc(5y)9.35%
ROICexgc(3y)16.59%
ROICexgc(5y)16.97%
ROCE(3y)9.03%
ROCE(5y)8.96%
ROICexcg growth 3Y-46.26%
ROICexcg growth 5Y-24.34%
ROICexc growth 3Y-43.39%
ROICexc growth 5Y-21%
OM growth 3Y-36.1%
OM growth 5Y-18.63%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.49%
GM growth 5Y-0.06%
F-Score7
Asset Turnover1.02
Health
Industry RankSector Rank
Debt/Equity 0.55
Debt/FCF 24.13
Debt/EBITDA 3.2
Cap/Depr 84.98%
Cap/Sales 3.17%
Interest Coverage 1.64
Cash Conversion 56.03%
Profit Quality 566.67%
Current Ratio 2.75
Quick Ratio 1.63
Altman-Z 2.66
F-Score7
WACC14.04%
ROIC/WACC0.26
Cap/Depr(3y)119.02%
Cap/Depr(5y)100.3%
Cap/Sales(3y)3.8%
Cap/Sales(5y)3.3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-13.08%
EPS 3Y-41.59%
EPS 5Y-20.56%
EPS Q2Q%775%
EPS Next Y151.86%
EPS Next 2Y124.45%
EPS Next 3Y105.43%
EPS Next 5Y50.36%
Revenue 1Y (TTM)6.61%
Revenue growth 3Y7.44%
Revenue growth 5Y9.61%
Sales Q2Q%24.23%
Revenue Next Year20.69%
Revenue Next 2Y16.02%
Revenue Next 3Y19.03%
Revenue Next 5Y12.51%
EBIT growth 1Y0.13%
EBIT growth 3Y-31.35%
EBIT growth 5Y-10.81%
EBIT Next Year131.25%
EBIT Next 3Y72.98%
EBIT Next 5Y36.84%
FCF growth 1Y-52.67%
FCF growth 3Y-0.44%
FCF growth 5Y31.13%
OCF growth 1Y-34.8%
OCF growth 3Y11.78%
OCF growth 5Y26.65%