UCTT Stock Analysis: Ultra Clean Holdings | NASDAQ
Semiconductor Equipment & Materials | NASDAQ, USA | Market Cap: 2.309m USD | 12M Return: 78.8% | US90385V1070 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 78.7M
EPS Trend: 50.4%
Qual. Beats: 2
Rev. Trend: 84.4%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Ultra Clean Holdings (NASDAQ: UCTT) is a U.S.-based provider of critical subsystems, components, parts, and cleaning/analytical services primarily serving the global semiconductor industry. Founded in 1991 and headquartered in Hayward, California, the company operates as an outsourced partner for advanced system development-covering design, prototyping, engineering, component sourcing, manufacturing, and testing. Its product portfolio spans gas delivery solutions (valves, connectors, manifolds, heaters, and complex weldments), assemblies (wafer transport systems, mechatronic assemblies, process modules, and sub-fab equipment racks), and precision temperature control components. UCTT also offers validated chamber-part cleaning, coating, and contamination analysis services, targeting semiconductor capital equipment makers and integrated device manufacturers, with additional exposure to display, medical, energy, industrial, and research equipment end markets.
As a mid-cap company in the GICS Semiconductor Materials & Equipment sub-industry, UCTT sits deep within the semiconductor supply chain, where its subsystems and contamination-control services are tightly tied to fab capital spending cycles. Its business model combines engineered-to-order manufacturing with recurring aftermarket cleaning and analytical services, giving it exposure to both new fab build-outs and ongoing tool maintenance demand from chipmakers.
- Semiconductor wafer fab equipment cycle drives subsystem demand
- TSMC and Intel capex spending lifts gas delivery orders
- China export controls threaten semiconductor supply chain margins
| Net Income: -23.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.06 > 0.02 and ΔFCF/TA -7.48 > 1.0 |
| NWC/Revenue: 33.52% < 20% (prev 30.07%; Δ 3.45% < -1%) |
| CFO/TA -0.03 > 3% & CFO -66.2m > Net Income -23.4m |
| Net Debt (696.5m) to EBITDA (140.3m): 4.96 < 3 |
| Current Ratio: 2.73 > 1.5 & < 3 |
| Outstanding Shares: last quarter (45.2m) vs 12m ago 0.0% < -2% |
| Gross Margin: 15.83% > 18% (prev 16.29%; Δ -0.45% > 0.5%) |
| Asset Turnover: 119.8% > 50% (prev 122.7%; Δ -2.82% > 0%) |
| Interest Coverage Ratio: 2.38 > 6 (EBIT TTM 63.5m / Interest Expense TTM 26.7m) |
| A: 0.38 (Total Current Assets 1.16b - Total Current Liabilities 424.7m) / Total Assets 1.92b |
| B: 0.09 (Retained Earnings 180.0m / Total Assets 1.92b) |
| C: 0.03 (EBIT TTM 63.5m / Avg Total Assets 1.83b) |
| D: 0.53 (Book Value of Equity 639.8m / Total Liabilities 1.20b) |
| Altman-Z'' = 3.61 = AA |
| DSRI: 0.98 (Receivables 208.0m/206.7m, Revenue 2.20b/2.14b) |
| GMI: 1.03 (GM 16.29% / 15.83%) |
| AQI: 0.84 (AQ_t 0.14 / AQ_t-1 0.17) |
| SGI: 1.03 (Revenue 2.20b / 2.14b) |
| TATA: 0.02 (NI -23.4m - CFO -66.2m) / TA 1.92b) |
| Beneish M = -3.09 (Cap -4..+1) = AA |
As of October 23, 2026, the stock is trading at USD 52.22 with a total of 861,641 shares traded. Over the past week, the price has changed by -8.05%, over one month by -28.51%, over three months by -50.34% and over the past year by +78.77%.
Current recommended Stop Loss: 45.90 (which is 12.1% or 1.4 ATR below the current price).
Ultra Clean Holdings has received a consensus analysts rating of 4.83. Therefore, it is recommended to buy UCTT.
- StrongBuy: 5
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 132.8 | 154.4% |
P/E Forward = 12.1065
P/S = 1.0519
P/B = 5.4173
P/EG = 0.3458
Revenue TTM = 2.20b USD
EBIT TTM = 63.5m USD
EBITDA TTM = 140.3m USD
Long Term Debt = 599.4m USD (from longTermDebt, last quarter)
Short Term Debt = 21.5m USD (from shortTermDebt, last quarter)
Debt = 952.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 176.5m
Net Debt = 696.5m USD (calculated: Debt 952.4m - CCE 255.9m)
Enterprise Value = 3.01b USD (2.31b + Debt 952.4m - CCE 255.9m)
Interest Coverage Ratio = 2.38 (Ebit TTM 63.5m / Interest Expense TTM 26.7m)
EV/FCF = -26.57x (Enterprise Value 3.01b / FCF TTM -113.1m)
FCF Yield = -3.76% (FCF TTM -113.1m / Enterprise Value 3.01b)
FCF Margin = -5.15% (FCF TTM -113.1m / Revenue TTM 2.20b)
Net Margin = -1.07% (Net Income TTM -23.4m / Revenue TTM 2.20b)
Gross Margin = 15.83% ((Revenue TTM 2.20b - Cost of Revenue TTM 1.85b) / Revenue TTM)
Gross Margin QoQ = 16.08% (prev 15.81%)
Tobins Q-Ratio = 1.57 (Enterprise Value 3.01b / Total Assets 1.92b)
Interest Expense / Debt = 2.80% (Interest Expense 26.7m / Debt 952.4m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 50.2m (EBIT 63.5m * (1 - 21.00%))
Current Ratio = 2.73 (Total Current Assets 1.16b / Total Current Liabilities 424.7m)
Debt / Equity = 1.49 (Debt 952.4m / totalStockholderEquity, last quarter 639.8m)
Debt / EBITDA = 4.96 (Net Debt 696.5m / EBITDA 140.3m)
Debt / FCF = -6.16 (negative FCF - burning cash) (Net Debt 696.5m / FCF TTM -113.1m)
Total Stockholder Equity = 672.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -1.28% (Net Income -23.4m / Total Assets 1.92b)
RoE = -3.48% (Net Income TTM -23.4m / Total Stockholder Equity 672.1m)
RoCE = 4.99% (EBIT 63.5m / Capital Employed (Equity 672.1m + L.T.Debt 599.4m))
RoIC = 3.57% (NOPAT 50.2m / Invested Capital 1.41b)
WACC = 12.28% (E(2.31b)/V(3.26b) * Re(16.43%) + D(952.4m)/V(3.26b) * Rd(2.80%) * (1-Tc(0.21)))
Discount Rate = 16.43% (= CAPM, Blume Beta Adj.) -> capped to 12.54%
Shares (quarterly) Correlation: 46.81 | Cagr: 0.60%
[DCF] Fair Price = unknown (Cash Flow -113.1m)
EPS Correlation: 50.42 | EPS CAGR: 19.71% | SUE: 3.18 | # QB: 2
Revenue Correlation: 84.38 | Revenue CAGR: 7.68% | SUE: 4.0 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.94 | Chg30d=-0.81% | Revisions=-25% | Analysts=6
EPS current Year (2026-12-31): EPS=3.11 | Chg30d=-1.69% | Revisions=-25% | GrowthEPS=+196.3% | GrowthRev=+32.4%
EPS next Year (2027-12-31): EPS=6.24 | Chg30d=+6.38% | Revisions=+0% | GrowthEPS=+100.7% | GrowthRev=+41.4%
[Analyst] Revisions Ratio: -40% (up=0, down=2)