Ultra Clean Holdings, Inc. designs, engineers, and manufactures production tools, modules, and subsystems for the semiconductor and display capital equipment markets in the United States and internationally.
Ultra Clean Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$46.63|
|52 Week High||US$21.06|
|52 Week Low||US$65.33|
|1 Month Change||1.11%|
|3 Month Change||-14.49%|
|1 Year Change||123.65%|
|3 Year Change||271.55%|
|5 Year Change||529.29%|
|Change since IPO||521.73%|
Recent News & Updates
|UCTT||US Semiconductor||US Market|
Return vs Industry: UCTT exceeded the US Semiconductor industry which returned 53.6% over the past year.
Return vs Market: UCTT exceeded the US Market which returned 35.3% over the past year.
Stable Share Price: UCTT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: UCTT's weekly volatility (7%) has been stable over the past year.
About the Company
Ultra Clean Holdings, Inc. designs, engineers, and manufactures production tools, modules, and subsystems for the semiconductor and display capital equipment markets in the United States and internationally. The company provides subsystems, such as wafer cleaning modules; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; frame assemblies; process modules, a subsystems of semiconductor manufacturing tools that process integrated circuits onto wafers; and top-plate assemblies. It also offers various industrial and automation production equipment products; gas delivery systems, which include one or more gas lines, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system; fluid delivery systems consists 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 that are used when accurate controlled motion is required; and other high level assemblies.
Ultra Clean Holdings Fundamentals Summary
|UCTT fundamental statistics|
Is UCTT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|UCTT income statement (TTM)|
|Cost of Revenue||US$1.33b|
Last Reported Earnings
Jun 25, 2021
Next Earnings Date
|Earnings per share (EPS)||1.99|
|Net Profit Margin||5.34%|
How did UCTT perform over the long term?See historical performance and comparison
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: UCTT ($46.63) is trading below our estimate of fair value ($75.4)
Significantly Below Fair Value: UCTT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: UCTT is good value based on its PE Ratio (23.4x) compared to the US Semiconductor industry average (30.7x).
PE vs Market: UCTT is poor value based on its PE Ratio (23.4x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: UCTT is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: UCTT is good value based on its PB Ratio (2.7x) compared to the US Semiconductor industry average (4.5x).
How is Ultra Clean Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UCTT's forecast earnings growth (34.3% per year) is above the savings rate (2%).
Earnings vs Market: UCTT's earnings (34.3% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: UCTT's revenue (13.3% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: UCTT's revenue (13.3% 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 UCTT'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: UCTT has high quality earnings.
Growing Profit Margin: UCTT's current net profit margins (5.3%) are higher than last year (1.7%).
Past Earnings Growth Analysis
Earnings Trend: UCTT has become profitable over the past 5 years, growing earnings by 17.4% per year.
Accelerating Growth: UCTT's earnings growth over the past year (330.7%) exceeds its 5-year average (17.4% per year).
Earnings vs Industry: UCTT earnings growth over the past year (330.7%) exceeded the Semiconductor industry 70.6%.
Return on Equity
High ROE: UCTT's Return on Equity (11.6%) is considered low.
How is Ultra Clean Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: UCTT's short term assets ($999.3M) exceed its short term liabilities ($355.0M).
Long Term Liabilities: UCTT's short term assets ($999.3M) exceed its long term liabilities ($703.0M).
Debt to Equity History and Analysis
Debt Level: UCTT's debt to equity ratio (75.4%) is considered high.
Reducing Debt: UCTT's debt to equity ratio has increased from 34.9% to 75.4% over the past 5 years.
Debt Coverage: UCTT's debt is well covered by operating cash flow (30.4%).
Interest Coverage: UCTT's interest payments on its debt are well covered by EBIT (8.3x coverage).
What is Ultra Clean Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate UCTT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate UCTT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if UCTT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if UCTT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of UCTT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jim Scholhamer (55 yo)
Mr. James P. Scholhamer, also known as Jim, has been the Chief Executive Officer at Ultra Clean Holdings Inc. since January 19, 2015 and served as its President. Mr. Scholhamer serves as the President and...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD3.42M) is about average for companies of similar size in the US market ($USD3.68M).
Compensation vs Earnings: Jim's compensation has increased by more than 20% in the past year.
Experienced Management: UCTT's management team is considered experienced (2.5 years average tenure).
Experienced Board: UCTT's board of directors are considered experienced (6.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: UCTT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.6%.
Ultra Clean Holdings, Inc.'s employee growth, exchange listings and data sources
- Name: Ultra Clean Holdings, Inc.
- Ticker: UCTT
- Exchange: NasdaqGS
- Founded: 1991
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: US$2.084b
- Shares outstanding: 44.70m
- Website: https://www.uct.com
Number of Employees
- Ultra Clean Holdings, Inc.
- 26462 Corporate Avenue
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/26 22:21|
|End of Day Share Price||2021/09/24 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.