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UCE

Ultra Clean Holdings DB:UCE Stock Report

Last Price

US$28.62

Market Cap

US$1.4b

7D

-4.9%

1Y

-25.9%

Updated

15 May, 2022

Data

Company Financials +
UCE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance3/6
Financial Health4/6
Dividends0/6

UCE Stock Overview

Ultra Clean Holdings, Inc. develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally.

Ultra Clean Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ultra Clean Holdings
Historical stock prices
Current Share PriceUS$28.62
52 Week HighUS$54.00
52 Week LowUS$27.53
Beta2.06
1 Month Change-8.39%
3 Month Change-32.18%
1 Year Change-25.86%
3 Year Change137.67%
5 Year Change50.77%
Change since IPO369.95%

Recent News & Updates

Shareholder Returns

UCEDE SemiconductorDE Market
7D-4.9%4.1%1.2%
1Y-25.9%-8.7%-12.2%

Return vs Industry: UCE underperformed the German Semiconductor industry which returned -8.7% over the past year.

Return vs Market: UCE underperformed the German Market which returned -12.2% over the past year.

Price Volatility

Is UCE's price volatile compared to industry and market?
UCE volatility
UCE Average Weekly Movement8.4%
Semiconductor Industry Average Movement7.1%
Market Average Movement6.4%
10% most volatile stocks in DE Market10.7%
10% least volatile stocks in DE Market3.5%

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.

About the Company

FoundedEmployeesCEOWebsite
19915,860Jim Scholhamerhttps://www.uct.com

Ultra Clean Holdings, Inc. develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system. It also offers various industrial and automation production equipment; fluid delivery systems consist of one or more chemical delivery units, including PFA tubing, filters, flow controllers, regulators, component heaters, and an integrated electronic and/or pneumatic control system; precision robotic systems; top-plate assemblies; frame assemblies; process modules, a subsystem of semiconductor manufacturing tools that process integrated circuits onto wafers; and other high-level assemblies.

Ultra Clean Holdings Fundamentals Summary

How do Ultra Clean Holdings's earnings and revenue compare to its market cap?
UCE fundamental statistics
Market CapUS$1.44b
Earnings (TTM)US$122.40m
Revenue (TTM)US$2.25b

11.8x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
UCE income statement (TTM)
RevenueUS$2.25b
Cost of RevenueUS$1.78b
Gross ProfitUS$466.90m
Other ExpensesUS$344.50m
EarningsUS$122.40m

Last Reported Earnings

Apr 01, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.71
Gross Margin20.77%
Net Profit Margin5.44%
Debt/Equity Ratio59.4%

How did UCE perform over the long term?

See historical performance and comparison

Valuation

Is Ultra Clean Holdings undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


11.79x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: UCE (€28.62) is trading above our estimate of fair value (€1.08)

Significantly Below Fair Value: UCE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: UCE is good value based on its PE Ratio (11.8x) compared to the German Semiconductor industry average (18.2x).

PE vs Market: UCE is good value based on its PE Ratio (11.8x) compared to the German market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: UCE is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: UCE is good value based on its PB Ratio (1.6x) compared to the DE Semiconductor industry average (2.9x).


Future Growth

How is Ultra Clean Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


27.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UCE's forecast earnings growth (27.3% per year) is above the savings rate (-0.05%).

Earnings vs Market: UCE's earnings (27.3% per year) are forecast to grow faster than the German market (7.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: UCE's revenue (9.2% per year) is forecast to grow faster than the German market (4.9% per year).

High Growth Revenue: UCE's revenue (9.2% 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


Past Performance

How has Ultra Clean Holdings performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


17.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: UCE has high quality earnings.

Growing Profit Margin: UCE's current net profit margins (5.4%) are lower than last year (6.2%).


Past Earnings Growth Analysis

Earnings Trend: UCE's earnings have grown by 17.2% per year over the past 5 years.

Accelerating Growth: UCE's earnings growth over the past year (31.7%) exceeds its 5-year average (17.2% per year).

Earnings vs Industry: UCE earnings growth over the past year (31.7%) underperformed the Semiconductor industry 79.5%.


Return on Equity

High ROE: UCE's Return on Equity (14.2%) is considered low.


Financial Health

How is Ultra Clean Holdings's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: UCE's short term assets ($1.1B) exceed its short term liabilities ($417.6M).

Long Term Liabilities: UCE's short term assets ($1.1B) exceed its long term liabilities ($667.7M).


Debt to Equity History and Analysis

Debt Level: UCE's net debt to equity ratio (19.8%) is considered satisfactory.

Reducing Debt: UCE's debt to equity ratio has increased from 27.6% to 59.4% over the past 5 years.

Debt Coverage: UCE's debt is not well covered by operating cash flow (14.3%).

Interest Coverage: UCE's interest payments on its debt are well covered by EBIT (7.9x coverage).


Balance Sheet


Dividend

What is Ultra Clean Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

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.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as UCE has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average management tenure


CEO

Jim Scholhamer (55 yo)

7.33yrs

Tenure

US$5,201,766

Compensation

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 ($USD5.20M) is above average for companies of similar size in the German market ($USD1.48M).

Compensation vs Earnings: Jim's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: UCE's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: UCE's board of directors are considered experienced (7.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: UCE insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.6%.


Top Shareholders

Company Information

Ultra Clean Holdings, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Ultra Clean Holdings, Inc.
  • Ticker: UCE
  • Exchange: DB
  • Founded: 1991
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Implied Market Cap: US$1.443b
  • Listing Market Cap: US$1.386b
  • Shares outstanding: 45.10m
  • Website: https://www.uct.com

Number of Employees


Location

  • Ultra Clean Holdings, Inc.
  • 26462 Corporate Avenue
  • Hayward
  • California
  • 94545
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/15 00:00
End of Day Share Price2022/05/13 00:00
Earnings2022/04/01
Annual Earnings2021/12/31


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.