(ICHR) Ichor Holdings - Overview

Sector: Technology | Industry: Semiconductor Equipment & Materials | Exchange: NASDAQ (USA) | Market Cap: 1.667m USD | Total Return: 178.7% in 12m

Fluid Delivery, Gas Delivery, Chemical Delivery, Machined Components
Total Rating 66
Safety 89
Buy Signal 0.63
Semiconductor Equipment & Materials
Industry Rotation: +5.5
Market Cap: 1.67B
Avg Turnover: 27.2M USD
ATR: 8.38%
Peers RS (IBD): 85.1
Risk 5d forecast
Volatility101%
Rel. Tail Risk-14.7%
Reward TTM
Sharpe Ratio1.50
Alpha114.80
Character TTM
Beta2.732
Beta Downside1.977
Drawdowns 3y
Max DD69.09%
CAGR/Max DD0.25
EPS (Earnings per Share) EPS (Earnings per Share) of ICHR over the last years for every Quarter: "2021-03": 0.76, "2021-06": 0.9, "2021-09": 0.81, "2021-12": 0.9, "2022-03": 0.7, "2022-06": 0.98, "2022-09": 1.22, "2022-12": 0.72, "2023-03": 0.38, "2023-06": 0.02, "2023-09": 0.07, "2023-12": -0.06, "2024-03": -0.09, "2024-06": 0.05, "2024-09": 0.12, "2024-12": 0.08, "2025-03": 0.12, "2025-06": 0.03, "2025-09": 0.07, "2025-12": 0.01,
EPS CAGR: -67.79%
EPS Trend: -74.3%
Last SUE: 0.92
Qual. Beats: 1
Revenue Revenue of ICHR over the last years for every Quarter: 2021-03: 264.566, 2021-06: 282.308, 2021-09: 262.855, 2021-12: 287.188, 2022-03: 293.146, 2022-06: 329.56, 2022-09: 355.643, 2022-12: 301.72, 2023-03: 225.87, 2023-06: 185.008, 2023-09: 196.761, 2023-12: 203.481, 2024-03: 201.383, 2024-06: 203.227, 2024-09: 211.139, 2024-12: 233.291, 2025-03: 244.465, 2025-06: 239.296, 2025-09: 239.296, 2025-12: 223.606,
Rev. CAGR: -6.97%
Rev. Trend: -47.8%
Last SUE: 0.95
Qual. Beats: 3

Warnings

Interest Coverage Ratio -8.5 is critical

Volatile

Tailwinds

Watch

Description: ICHR Ichor Holdings

Ichor Holdings, Ltd. designs and manufactures fluid delivery subsystems and components for semiconductor capital equipment. These products are critical for semiconductor fabrication.

The companys offerings include gas and chemical delivery subsystems. Gas delivery systems manage gases for processes like etch and deposition, while chemical delivery systems handle liquid chemistries for processes such as chemical-mechanical planarization and cleaning. These are fundamental steps in semiconductor device manufacturing.

Ichor also provides precision-machined components and advanced manufacturing services. Their customers are original equipment manufacturers (OEMs) in the semiconductor equipment market. The semiconductor industry is cyclical, driven by demand for electronic devices.

To deepen your understanding of Ichors financial health and market position, consider exploring its comprehensive data on ValueRay.

Headlines to Watch Out For
  • Semiconductor capital equipment spending directly impacts Ichors revenue.
  • Demand for advanced chip manufacturing drives fluid delivery subsystem sales.
  • Global supply chain disruptions increase manufacturing costs and lead times.
  • Competition in semiconductor equipment market pressures Ichors pricing.
  • Regulatory changes in semiconductor industry could affect product development.
Piotroski VR‑10 (Strict) 3.0
Net Income: -66.2m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.10 > 1.0
NWC/Revenue: 29.63% < 20% (prev 37.33%; Δ -7.70% < -1%)
CFO/TA 0.05 > 3% & CFO 46.6m > Net Income -66.2m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 3.16 > 1.5 & < 3
Outstanding Shares: last quarter (34.4m) vs 12m ago 1.85% < -2%
Gross Margin: 11.17% > 18% (prev 0.12%; Δ 1.11k% > 0.5%)
Asset Turnover: 97.67% > 50% (prev 85.28%; Δ 12.39% > 0%)
Interest Coverage Ratio: -8.50 > 6 (EBITDA TTM -24.5m / Interest Expense TTM 6.64m)
Altman Z'' 2.51
A: 0.30 (Total Current Assets 410.1m - Total Current Liabilities 129.6m) / Total Assets 942.9m
B: 0.14 (Retained Earnings 131.1m / Total Assets 942.9m)
C: -0.06 (EBIT TTM -56.4m / Avg Total Assets 969.2m)
D: 0.47 (Book Value of Equity 131.1m / Total Liabilities 279.0m)
Altman-Z'' Score: 2.51 = A
Beneish M -3.19
DSRI: 0.73 (Receivables 70.5m/86.6m, Revenue 946.7m/849.0m)
GMI: 1.09 (GM 11.17% / 12.17%)
AQI: 1.03 (AQ_t 0.42 / AQ_t-1 0.41)
SGI: 1.11 (Revenue 946.7m / 849.0m)
TATA: -0.12 (NI -66.2m - CFO 46.6m) / TA 942.9m)
Beneish M-Score: -3.19 (Cap -4..+1) = AA
What is the price of ICHR shares? As of April 08, 2026, the stock is trading at USD 48.85 with a total of 525,845 shares traded.
Over the past week, the price has changed by +4.81%, over one month by +17.06%, over three months by +106.90% and over the past year by +178.67%.
Is ICHR a buy, sell or hold? Ichor Holdings has received a consensus analysts rating of 4.43. Therefore, it is recommended to buy ICHR.
  • StrongBuy: 5
  • Buy: 0
  • Hold: 2
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the ICHR price?
Analysts Target Price 50.4 3.2%
Ichor Holdings (ICHR) - Fundamental Data Overview as of 05 April 2026
P/E Forward = 38.4615
P/S = 1.7592
P/B = 2.4934
P/EG = 0.5505
Revenue TTM = 946.7m USD
EBIT TTM = -56.4m USD
EBITDA TTM = -24.5m USD
Long Term Debt = 117.3m USD (from longTermDebt, last quarter)
Short Term Debt = 17.5m USD (from shortTermDebt, last quarter)
Debt = 185.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 87.3m USD (from netDebt column, last quarter)
Enterprise Value = 1.75b USD (1.67b + Debt 185.6m - CCE 98.3m)
Interest Coverage Ratio = -8.50 (Ebit TTM -56.4m / Interest Expense TTM 6.64m)
EV/FCF = 165.3x (Enterprise Value 1.75b / FCF TTM 10.6m)
FCF Yield = 0.61% (FCF TTM 10.6m / Enterprise Value 1.75b)
FCF Margin = 1.12% (FCF TTM 10.6m / Revenue TTM 946.7m)
Net Margin = -7.00% (Net Income TTM -66.2m / Revenue TTM 946.7m)
Gross Margin = 11.17% ((Revenue TTM 946.7m - Cost of Revenue TTM 840.9m) / Revenue TTM)
Gross Margin QoQ = 9.38% (prev 11.76%)
Tobins Q-Ratio = 1.86 (Enterprise Value 1.75b / Total Assets 942.9m)
Interest Expense / Debt = 0.91% (Interest Expense 1.69m / Debt 185.6m)
Taxrate = 21.0% (US default 21%)
NOPAT = -44.6m (EBIT -56.4m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 3.16 (Total Current Assets 410.1m / Total Current Liabilities 129.6m)
Debt / Equity = 0.28 (Debt 185.6m / totalStockholderEquity, last quarter 663.9m)
 Debt / EBITDA = -3.56 (negative EBITDA) (Net Debt 87.3m / EBITDA -24.5m)
 Debt / FCF = 8.23 (Net Debt 87.3m / FCF TTM 10.6m)
Total Stockholder Equity = 679.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -6.83% (Net Income -66.2m / Total Assets 942.9m)
RoE = -9.75% (Net Income TTM -66.2m / Total Stockholder Equity 679.2m)
RoCE = -7.09% (EBIT -56.4m / Capital Employed (Equity 679.2m + L.T.Debt 117.3m))
 RoIC = -5.52% (negative operating profit) (NOPAT -44.6m / Invested Capital 808.3m)
 WACC = 14.10% (E(1.67b)/V(1.85b) * Re(15.59%) + D(185.6m)/V(1.85b) * Rd(0.91%) * (1-Tc(0.21)))
Discount Rate = 15.59% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 8.28%
[DCF] Terminal Value 48.48% ; FCFF base≈10.5m ; Y1≈6.87m ; Y5≈3.14m
 [DCF] Fair Price = N/A (negative equity: EV 31.1m - Net Debt 87.3m = -56.2m; debt exceeds intrinsic value)
 EPS Correlation: -74.33 | EPS CAGR: -67.79% | SUE: 0.92 | # QB: 1
Revenue Correlation: -47.81 | Revenue CAGR: -6.97% | SUE: 0.95 | # QB: 3
EPS next Quarter (2026-06-30): EPS=0.22 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+5 | Analysts=7
EPS current Year (2026-12-31): EPS=1.13 | Chg7d=+0.010 | Chg30d=+0.010 | Revisions Net=+1 | Growth EPS=+391.3% | Growth Revenue=+17.6%
EPS next Year (2027-12-31): EPS=2.20 | Chg7d=+0.067 | Chg30d=+0.067 | Revisions Net=+1 | Growth EPS=+94.5% | Growth Revenue=+16.0%
[Analyst] Revisions Ratio: +1.00 (5 Up / 0 Down within 30d for Next Quarter)
External Resources
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