ICHOR HOLDINGS LTD (ICHR)
KYG4740B1059 - Common Stock
ICHR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 107 industry peers in the Semiconductors & Semiconductor Equipment industry. The financial health of ICHR is average, but there are quite some concerns on its profitability. ICHR is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year ICHR was profitable.
ICHR had a positive operating cash flow in the past year.
Of the past 5 years ICHR 4 years were profitable.
Each year in the past 5 years ICHR had a positive operating cash flow.
1.2 Ratios
ICHR has a Return On Assets of -4.58%. This is in the lower half of the industry: ICHR underperforms 63.21% of its industry peers.
ICHR has a worse Return On Equity (-7.61%) than 63.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.58% | ||
| ROE | -7.61% | ||
| ROIC | N/A |
ROA(3y)3.03%
ROA(5y)3.05%
ROE(3y)6.31%
ROE(5y)6.37%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
ICHR has a Gross Margin of 12.74%. This is amonst the worse of the industry: ICHR underperforms 90.57% of its industry peers.
In the last couple of years the Gross Margin of ICHR has declined.
The Profit Margin and Operating Margin are not available for ICHR so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 12.74% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.52%
GM growth 5Y-5.06%
2. Health
2.1 Basic Checks
ICHR does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for ICHR has been increased compared to 1 year ago.
Compared to 5 years ago, ICHR has more shares outstanding
The debt/assets ratio for ICHR has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.51 indicates that ICHR is not in any danger for bankruptcy at the moment.
With a Altman-Z score value of 3.51, ICHR perfoms like the industry average, outperforming 51.89% of the companies in the same industry.
The Debt to FCF ratio of ICHR is 5.90, which is a neutral value as it means it would take ICHR, 5.90 years of fcf income to pay off all of its debts.
ICHR's Debt to FCF ratio of 5.90 is in line compared to the rest of the industry. ICHR outperforms 53.77% of its industry peers.
A Debt/Equity ratio of 0.43 indicates that ICHR is not too dependend on debt financing.
ICHR's Debt to Equity ratio of 0.43 is on the low side compared to the rest of the industry. ICHR is outperformed by 67.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 5.9 | ||
| Altman-Z | 3.51 |
ROIC/WACCN/A
WACC12.09%
2.3 Liquidity
A Current Ratio of 4.06 indicates that ICHR has no problem at all paying its short term obligations.
With a decent Current ratio value of 4.06, ICHR is doing good in the industry, outperforming 66.04% of the companies in the same industry.
ICHR has a Quick Ratio of 1.57. This is a normal value and indicates that ICHR is financially healthy and should not expect problems in meeting its short term obligations.
ICHR's Quick ratio of 1.57 is on the low side compared to the rest of the industry. ICHR is outperformed by 66.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.06 | ||
| Quick Ratio | 1.57 |
3. Growth
3.1 Past
The earnings per share for ICHR have decreased strongly by -88.67% in the last year.
The earnings per share for ICHR have been decreasing by -32.47% on average. This is quite bad
The Revenue for ICHR has decreased by -36.63% in the past year. This is quite bad
ICHR shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.30% yearly.
EPS 1Y (TTM)-88.67%
EPS 3Y-45.19%
EPS 5Y-32.47%
EPS growth Q2Q-108.33%
Revenue 1Y (TTM)-36.63%
Revenue growth 3Y-3.91%
Revenue growth 5Y-0.3%
Revenue growth Q2Q-32.56%
3.2 Future
The Earnings Per Share is expected to grow by 130.56% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 14.31% on average over the next years. This is quite good.
EPS Next Y88.2%
EPS Next 2Y130.56%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.92%
Revenue Next 2Y14.31%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 93.32, the valuation of ICHR can be described as expensive.
ICHR's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of ICHR to the average of the S&P500 Index (28.06), we can say ICHR is valued expensively.
The Price/Forward Earnings ratio is 49.58, which means the current valuation is very expensive for ICHR.
ICHR's Price/Forward Earnings is on the same level as the industry average.
ICHR is valuated expensively when we compare the Price/Forward Earnings ratio to 20.72, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 93.32 | ||
| Fwd PE | 49.58 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ICHR is on the same level as its industry peers.
ICHR's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ICHR is cheaper than 77.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.94 | ||
| EV/EBITDA | 59.45 |
4.3 Compensation for Growth
ICHR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ICHR's earnings are expected to grow with 130.56% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.06
PEG (5Y)N/A
EPS Next 2Y130.56%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for ICHR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ICHOR HOLDINGS LTD
NASDAQ:ICHR (5/2/2024, 3:30:02 PM)
After market: 38.26 0 (0%)38.26
+0.61 (+1.62%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.26B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 93.32 | ||
| Fwd PE | 49.58 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.06
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.58% | ||
| ROE | -7.61% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 12.74% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.86
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 4.06 | ||
| Quick Ratio | 1.57 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-88.67%
EPS 3Y-45.19%
EPS 5Y
EPS growth Q2Q
EPS Next Y88.2%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-36.63%
Revenue growth 3Y-3.91%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y