UCTT Stock Analysis: Ultra Clean Holdings | NASDAQ

Semiconductor Equipment & Materials | NASDAQ, USA | Market Cap: 3.940m USD | 12M Return: 239.5% | US90385V1070 | Charts, Fundamentals & Technical Analysis

Gas Delivery, Wafer Transport, Thermal Control, Chamber Cleaning
Total Rating 57
Safety 80
Buy Signal 0.83
Semiconductor Equipment & Materials
Industry Rotation: +13.7
Market Cap: 3.94B
Avg Turnover: 108M
Risk 3d forecast
Volatility107%
VaR 5th Pctl18.8%
VaR vs Median6.29%
Reward TTM
Sharpe Ratio1.80
Rel. Str. IBD97.8
Rel. Str. Peer Group87.8
Character TTM
Beta3.188
Beta Downside3.078
Hurst Exponent0.397
Drawdowns 3y
Max DD68.24%
CAGR/Max DD0.49
CAGR/Mean DD1.12
EPS (Earnings per Share) EPS (Earnings per Share) of UCTT over the last years for every Quarter: "2021-06": 0.99, "2021-09": 1.07, "2021-12": 1.22, "2022-03": 0.95, "2022-06": 1.04, "2022-09": 1.06, "2022-12": 0.93, "2023-03": 0.17, "2023-06": 0.16, "2023-09": 0.04, "2023-12": 0.19, "2024-03": 0.27, "2024-06": 0.32, "2024-09": 0.35, "2024-12": 0.51, "2025-03": 0.28, "2025-06": 0.27, "2025-09": 0.28, "2025-12": 0.22, "2026-03": 0.31, "2026-06": 0.56,
EPS CAGR: 19.71%
EPS Trend: 50.4%
Last SUE: 3.18
Qual. Beats: 2
Revenue Revenue of UCTT over the last years for every Quarter: 2021-06: 515.2, 2021-09: 553.652, 2021-12: 615.1, 2022-03: 564.1, 2022-06: 608.7, 2022-09: 635, 2022-12: 566.4, 2023-03: 433.3, 2023-06: 421.5, 2023-09: 435, 2023-12: 444.7, 2024-03: 477.7, 2024-06: 516.1, 2024-09: 540.4, 2024-12: 563.3, 2025-03: 518.6, 2025-06: 518.8, 2025-09: 510, 2025-12: 506.7, 2026-03: 533.7, 2026-06: 644.9,
Rev. CAGR: 7.68%
Rev. Trend: 84.4%
Last SUE: 4.00
Qual. Beats: 1

Warnings

High Debt/EBITDA With Thin Interest Coverage
High Debt While Negative Cash Flow
Below Avwap Earnings

Tailwinds

Rs Leader
Pead
Confidence

Seasonality 10.5 years of data

Jan +9.8% 15
Feb +0.0% 2
Mar +0.1% 0
Apr -4.6% 17
May +5.9% 67
Jun +1.7% 2
Jul +3.3% 21
Aug -12.6% 44
Sep -4.0% 22
Oct -2.4% 19
Nov +5.0% 12
Dec -0.5% 28

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.

Description: UCTT Ultra Clean Holdings

Ultra Clean Holdings, Inc. (NASDAQ: UCTT) is a U.S.-based provider of critical subsystems, components, and parts, along with cleaning and analytical services, primarily serving the semiconductor capital equipment and integrated device manufacturing (IDM) industries. The company offers outsourced engineering, prototyping, manufacturing, and testing solutions, with a product portfolio spanning gas delivery systems (valves, connectors, manifolds, heaters), precision mechatronic assemblies, wafer transport systems, sub-fab process equipment support racks, and tool chamber cleaning and contamination-analysis services. Beyond its core semiconductor customers, UCTT also serves display, consumer, medical, energy, industrial, and research equipment markets. The company was founded in 1991 and is headquartered in Hayward, California.

UCTT operates within the Semiconductor Materials & Equipment sub-industry, supplying highly engineered, mission-critical inputs to wafer fabrication equipment (WFE) OEMs and chip manufacturers. Its outsourced subsystem model reflects a broader industry trend in which semiconductor equipment makers rely on specialized partners to handle complex fluid and gas delivery, thermal management, and contamination control, allowing OEMs to focus on core tool design and integration.

Headlines to Watch Out For
  • WFE spending rebounds on AI-driven advanced node demand
  • Gross margins recover as operational efficiency improves
  • China semiconductor export curbs pressure customer order growth
Piotroski VR-10 (Strict) 1.0
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 (81.8m): 8.51 < 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: 1.63 > 6 (EBIT TTM 43.5m / Interest Expense TTM 26.7m)
Altman Z'' 3.54
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: 0.02 (EBIT TTM 43.5m / Avg Total Assets 1.83b)
D: 0.53 (Book Value of Equity 639.8m / Total Liabilities 1.20b)
Altman-Z'' = 3.54 = A
Beneish M -3.09
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
What is the price of UCTT shares?

As of August 24, 2026, the stock is trading at USD 76.43 with a total of 1,128,646 shares traded. Over the past week, the price has changed by -10.01%, over one month by -27.31%, over three months by -5.15% and over the past year by +239.54%.

Current recommended Stop Loss: 64.70 (which is 15.3% or 1.4 ATR below the current price).

Is UCTT a buy, sell or hold?

Ultra Clean Holdings has received a consensus analysts rating of 4.75. Therefore, it is recommended to buy UCTT.

  • StrongBuy: 3
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the UCTT price?
Analysts Target Price 137 79.2%
Ultra Clean Holdings (UCTT) - Fundamental Data Overview as of 19 August 2026
Market Cap USD = 3.94b (3.94b USD * 1.0 USD.USD)
P/E Forward = 30.2115
P/S = 1.8126
P/B = 6.0103
P/EG = 0.8635
Revenue TTM = 2.20b USD
EBIT TTM = 43.5m USD
EBITDA TTM = 81.8m 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 = 4.64b USD (3.94b + Debt 952.4m - CCE 255.9m)
Interest Coverage Ratio = 1.63 (Ebit TTM 43.5m / Interest Expense TTM 26.7m)
EV/FCF = -40.99x (Enterprise Value 4.64b / FCF TTM -113.1m)
FCF Yield = -2.44% (FCF TTM -113.1m / Enterprise Value 4.64b)
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 = 2.42 (Enterprise Value 4.64b / Total Assets 1.92b)
Interest Expense / Debt = 2.80% (Interest Expense 26.7m / Debt 952.4m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 34.4m (EBIT 43.5m * (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 = 8.51 (Net Debt 696.5m / EBITDA 81.8m)
 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 = 3.42% (EBIT 43.5m / Capital Employed (Equity 672.1m + L.T.Debt 599.4m))
RoIC = 2.45% (NOPAT 34.4m / Invested Capital 1.41b)
WACC = 14.28% (E(3.94b)/V(4.89b) * Re(17.20%) + D(952.4m)/V(4.89b) * Rd(2.80%) * (1-Tc(0.21)))
Discount Rate = 17.20% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
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=0.95 | Chg30d=+41.79% | Revisions=+50% | Analysts=5
EPS current Year (2026-12-31): EPS=3.16 | Chg30d=+35.63% | Revisions=+50% | GrowthEPS=+201.4% | GrowthRev=+32.6%
EPS next Year (2027-12-31): EPS=5.87 | Chg30d=+49.08% | Revisions=+57% | GrowthEPS=+85.5% | GrowthRev=+42.0%
[Analyst] Revisions Ratio: +77% (up=10, down=0)