(UCTT) Ultra Clean Holdings - Overview
Sector: Technology | Industry: Semiconductor Equipment & Materials | Exchange: NASDAQ (USA) | Market Cap: 3.596m USD | Total Return: 306.2% in 12m
Avg Turnover: 77.4M
EPS Trend: 5.1%
Qual. Beats: 0
Rev. Trend: 63.6%
Qual. Beats: 0
Warnings
Interest Coverage Ratio -3.1 is critical
Tailwinds
Leader, Tailwind, Pullback 52w, Confidence
Ultra Clean Holdings, Inc. (UCTT) is a critical supplier of subsystems and high-precision components for the semiconductor capital equipment industry. Based in Hayward, California, the company provides end-to-end outsourced solutions including engineering, manufacturing, and specialized cleaning services for integrated device manufacturers and original equipment manufacturers.
The company operates within the semiconductor materials and equipment sector, a capital-intensive industry characterized by high barriers to entry due to the extreme precision required for wafer fabrication. UCTT’s business model relies on deep integration with customer supply chains, providing essential gas delivery systems, mechatronic assemblies, and contamination analysis that are vital for advanced chip production.
Investors may find it useful to review ValueRay for further data on the companys market position.
- Semiconductor capital equipment spending cycles dictate revenue growth for subsystem manufacturing
- Expansion of advanced node chip production increases demand for precision gas delivery
- Recovery in memory market utilization rates drives semiconductor chamber cleaning service volume
- Geopolitical trade restrictions on high-end chip tools impact sales to Chinese customers
- Raw material cost fluctuations and supply chain efficiency influence consolidated gross margins
| Net Income: -194.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -3.72 > 1.0 |
| NWC/Revenue: 35.78% < 20% (prev 29.68%; Δ 6.10% < -1%) |
| CFO/TA 0.00 > 3% & CFO 3.50m > Net Income -194.1m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 3.07 > 1.5 & < 3 |
| Outstanding Shares: last quarter (45.3m) vs 12m ago 0.44% < -2% |
| Gross Margin: 15.63% > 18% (prev 0.17%; Δ 1.55k% > 0.5%) |
| Asset Turnover: 110.5% > 50% (prev 113.1%; Δ -2.61% > 0%) |
| Interest Coverage Ratio: -3.11 > 6 (EBITDA TTM -34.7m / Interest Expense TTM 35.7m) |
| A: 0.40 (Total Current Assets 1.10b - Total Current Liabilities 357.5m) / Total Assets 1.86b |
| B: 0.09 (Retained Earnings 171.3m / Total Assets 1.86b) |
| C: -0.06 (EBIT TTM -110.9m / Avg Total Assets 1.87b) |
| D: 0.14 (Book Value of Equity 159.8m / Total Liabilities 1.15b) |
| Altman-Z'' = 2.67 = A |
| DSRI: 1.10 (Receivables 232.8m/217.9m, Revenue 2.07b/2.14b) |
| GMI: 1.07 (GM 15.63% / 16.73%) |
| AQI: 0.62 (AQ_t 0.15 / AQ_t-1 0.24) |
| SGI: 0.97 (Revenue 2.07b / 2.14b) |
| TATA: -0.11 (NI -194.1m - CFO 3.50m) / TA 1.86b) |
| Beneish M = -3.23 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 84.01 with a total of 401,106 shares traded.
Over the past week, the price has changed by -2.25%,
over one month by +1.20%,
over three months by +16.75% and
over the past year by +306.24%.
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
| Analysts Target Price | 104.4 | 24.3% |
P/E Forward = 32.5733
P/S = 1.738
P/B = 5.4966
P/EG = 0.9301
Revenue TTM = 2.07b USD
EBIT TTM = -110.9m USD
EBITDA TTM = -34.7m USD
Long Term Debt = 601.9m USD (from longTermDebt, last quarter)
Short Term Debt = 20.5m USD (from shortTermDebt, last quarter)
Debt = 958.9m USD (from shortLongTermDebtTotal, last quarter) + Leases 178.5m
Net Debt = 635.4m USD (calculated: Debt 958.9m - CCE 323.5m)
Enterprise Value = 4.23b USD (3.60b + Debt 958.9m - CCE 323.5m)
Interest Coverage Ratio = -3.11 (Ebit TTM -110.9m / Interest Expense TTM 35.7m)
EV/FCF = -96.17x (Enterprise Value 4.23b / FCF TTM -44.0m)
FCF Yield = -1.04% (FCF TTM -44.0m / Enterprise Value 4.23b)
FCF Margin = -2.13% (FCF TTM -44.0m / Revenue TTM 2.07b)
Net Margin = -9.38% (Net Income TTM -194.1m / Revenue TTM 2.07b)
Gross Margin = 15.63% ((Revenue TTM 2.07b - Cost of Revenue TTM 1.75b) / Revenue TTM)
Gross Margin QoQ = 15.81% (prev 15.26%)
Tobins Q-Ratio = 2.28 (Enterprise Value 4.23b / Total Assets 1.86b)
Interest Expense / Debt = 3.72% (Interest Expense 35.7m / Debt 958.9m)
Taxrate = 21.0% (US default 21%)
NOPAT = -87.6m (EBIT -110.9m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 3.07 (Total Current Assets 1.10b / Total Current Liabilities 357.5m)
Debt / Equity = 1.53 (Debt 958.9m / totalStockholderEquity, last quarter 627.9m)
Debt / EBITDA = -18.31 (negative EBITDA) (Net Debt 635.4m / EBITDA -34.7m)
Debt / FCF = -14.44 (negative FCF - burning cash) (Net Debt 635.4m / FCF TTM -44.0m)
Total Stockholder Equity = 692.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -10.36% (Net Income -194.1m / Total Assets 1.86b)
RoE = -28.05% (Net Income TTM -194.1m / Total Stockholder Equity 692.0m)
RoCE = -8.57% (EBIT -110.9m / Capital Employed (Equity 692.0m + L.T.Debt 601.9m))
RoIC = -5.77% (negative operating profit) (NOPAT -87.6m / Invested Capital 1.52b)
WACC = 13.24% (E(3.60b)/V(4.56b) * Re(15.99%) + D(958.9m)/V(4.56b) * Rd(3.72%) * (1-Tc(0.21)))
Discount Rate = 15.99% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 39.58 | Cagr: 0.59%
[DCF] Fair Price = unknown (Cash Flow -44.0m)
EPS Correlation: 5.07 | EPS CAGR: 2.19% | SUE: 0.82 | # QB: 0
Revenue Correlation: 63.63 | Revenue CAGR: 5.37% | SUE: 0.69 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.53 | Chg30d=+47.89% | Revisions=+33% | Analysts=5
EPS next Quarter (2026-09-30): EPS=0.67 | Chg30d=+14.53% | Revisions=+0% | Analysts=4
EPS current Year (2026-12-31): EPS=2.32 | Chg30d=+16.58% | Revisions=+43% | GrowthEPS=+121.0% | GrowthRev=+23.8%
EPS next Year (2027-12-31): EPS=3.77 | Chg30d=+9.51% | Revisions=+50% | GrowthEPS=+62.6% | GrowthRev=+26.2%
[Analyst] Revisions Ratio: +50%