Ultra Clean Holdings, Inc. designs, develops, prototypes, engineers, manufactures, and tests production tools, modules, and subsystems for the semiconductor and display capital equipment industries in the United States and internationally. More Details
Good value with adequate balance sheet.
Share Price & News
How has Ultra Clean Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UCE is more volatile than 75% of German stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: UCE's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.
7 Day Return
1 Year Return
Return vs Industry: UCE underperformed the German Semiconductor industry which returned 37.5% over the past year.
Return vs Market: UCE exceeded the German Market which returned 0.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Ultra Clean Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Ultra Clean Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: UCE (€25.2) is trading below our estimate of fair value (€35.94)
Significantly Below Fair Value: UCE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: UCE is good value based on its PE Ratio (27.1x) compared to the DE Semiconductor industry average (59.6x).
PE vs Market: UCE is poor value based on its PE Ratio (27.1x) compared to the German market (23.2x).
Price to Earnings Growth Ratio
PEG Ratio: UCE is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: UCE is good value based on its PB Ratio (2.4x) compared to the DE Semiconductor industry average (2.7x).
How is Ultra Clean Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UCE's forecast earnings growth (25.9% per year) is above the savings rate (0.2%).
Earnings vs Market: UCE's earnings (25.9% per year) are forecast to grow slower than the German market (27.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: UCE's revenue (8.2% per year) is forecast to grow faster than the German market (5.8% per year).
High Growth Revenue: UCE's revenue (8.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if UCE's Return on Equity is forecast to be high in 3 years time
How has Ultra Clean Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UCE has a large one-off loss of $33.7M impacting its September 25 2020 financial results.
Growing Profit Margin: UCE became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: UCE's earnings have grown by 12.4% per year over the past 5 years.
Accelerating Growth: UCE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: UCE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (-58.1%).
Return on Equity
High ROE: UCE's Return on Equity (9.3%) is considered low.
How is Ultra Clean Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: UCE's short term assets ($514.1M) exceed its short term liabilities ($195.3M).
Long Term Liabilities: UCE's short term assets ($514.1M) exceed its long term liabilities ($346.5M).
Debt to Equity History and Analysis
Debt Level: UCE's debt to equity ratio (54%) is considered high.
Reducing Debt: UCE's debt to equity ratio has increased from 35.9% to 54% over the past 5 years.
Debt Coverage: UCE's debt is well covered by operating cash flow (30.3%).
Interest Coverage: UCE's interest payments on its debt are well covered by EBIT (6.2x coverage).
What is Ultra Clean Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate UCE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate UCE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if UCE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if UCE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of UCE's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Scholhamer (54 yo)
Mr. James P. Scholhamer, also known as Jim, has been the Chief Executive Officer at Ultra Clean Holdings Inc. since January 19, 2015 and served as its President. Mr. Scholhamer serves as the President and ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD2.72M) is above average for companies of similar size in the German market ($USD1.56M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
|CEO & Director||5.83yrs||US$2.72m||0.78% |
|Senior VP of Finance & CFO||4.75yrs||US$1.52m||0.29% |
|Chief Operating Officer||1.67yrs||US$1.75m||0% |
|President of Semiconductor Products & Solutions Business||4.08yrs||US$1.09m||0.14% |
|President of Semiconductor Services Business||1.5yrs||US$1.21m||0.030% |
|Senior VP & Chief Accounting Officer||1.5yrs||no data||0% |
|Vice President of Investor Relations||no data||no data||no data|
|General Counsel & Corporate Secretary||1.08yrs||no data||no data|
|Managing Director of Marketing||no data||no data||no data|
|Senior Vice President of Global Human Resources||4.83yrs||US$658.25k||0.093% |
Experienced Management: UCE's management team is considered experienced (2.9 years average tenure).
|CEO & Director||5.83yrs||US$2.72m||0.78% |
|Independent Director||5.42yrs||US$199.61k||0.10% |
|Independent Director||5.42yrs||US$207.74k||0.065% |
|Independent Director||18yrs||US$204.22k||0.21% |
|Independent Director||2.42yrs||US$209.87k||0.056% |
|Independent Director||6.5yrs||US$201.41k||0.097% |
|Independent Chairman of the Board||14.08yrs||US$219.48k||0.39% |
|Independent Director||0.83yr||no data||0.021% |
Experienced Board: UCE's board of directors are considered experienced (5.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ultra Clean Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Ultra Clean Holdings, Inc.
- Ticker: UCE
- Exchange: DB
- Founded: 1991
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: US$1.225b
- Listing Market Cap: US$1.028b
- Shares outstanding: 40.40m
- Website: https://www.uct.com
Number of Employees
- Ultra Clean Holdings, Inc.
- 26462 Corporate Avenue
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|UCTT||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Mar 2004|
|UCE||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Mar 2004|
|0LID||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Mar 2004|
Ultra Clean Holdings, Inc. designs, develops, prototypes, engineers, manufactures, and tests production tools, modules, and subsystems for the semiconductor and display capital equipment industries in the ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 19:50|
|End of Day Share Price||2020/11/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.