26.05 USD
-2.03 (-7.23%)
26.05 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to UCTT. UCTT was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and financial health of UCTT have multiple concerns. UCTT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
UCTT had positive earnings in the past year.
UCTT had a positive operating cash flow in the past year.
UCTT had positive earnings in 4 of the past 5 years.
In the past 5 years UCTT always reported a positive cash flow from operatings.
1.2 Ratios
UCTT has a Return On Assets of -9.39%. This is in the lower half of the industry: UCTT underperforms 75.00% of its industry peers.
UCTT has a Return On Equity of -22.76%. This is in the lower half of the industry: UCTT underperforms 75.00% of its industry peers.
UCTT has a Return On Invested Capital (3.30%) which is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for UCTT is significantly below the industry average of 10.82%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.39% | ||
| ROE | -22.76% | ||
| ROIC | 3.3% |
ROA(3y)0.54%
ROA(5y)2.91%
ROE(3y)1.19%
ROE(5y)6.44%
ROIC(3y)5.52%
ROIC(5y)7.36%
1.3 Margins
UCTT's Profit Margin has declined in the last couple of years.
UCTT has a Operating Margin of 2.83%. This is comparable to the rest of the industry: UCTT outperforms 50.89% of its industry peers.
UCTT's Operating Margin has improved in the last couple of years.
UCTT has a Gross Margin of 15.99%. This is amonst the worse of the industry: UCTT underperforms 83.04% of its industry peers.
In the last couple of years the Gross Margin of UCTT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.83% | ||
| PM (TTM) | N/A | ||
| GM | 15.99% |
OM growth 3Y-20.77%
OM growth 5Y7.6%
PM growth 3Y-41.65%
PM growth 5YN/A
GM growth 3Y-6.02%
GM growth 5Y-1.65%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), UCTT is destroying value.
The number of shares outstanding for UCTT has been increased compared to 1 year ago.
Compared to 5 years ago, UCTT has more shares outstanding
UCTT has about the same debt/assets ratio as last year.
2.2 Solvency
An Altman-Z score of 2.71 indicates that UCTT is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of UCTT (2.71) is comparable to the rest of the industry.
The Debt to FCF ratio of UCTT is 27.86, which is on the high side as it means it would take UCTT, 27.86 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 27.86, UCTT is in line with its industry, outperforming 44.64% of the companies in the same industry.
UCTT has a Debt/Equity ratio of 0.66. This is a neutral value indicating UCTT is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.66, UCTT is not doing good in the industry: 73.21% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 27.86 | ||
| Altman-Z | 2.71 |
ROIC/WACC0.31
WACC10.8%
2.3 Liquidity
UCTT has a Current Ratio of 3.21. This indicates that UCTT is financially healthy and has no problem in meeting its short term obligations.
UCTT has a Current ratio of 3.21. This is comparable to the rest of the industry: UCTT outperforms 54.46% of its industry peers.
UCTT has a Quick Ratio of 1.91. This is a normal value and indicates that UCTT is financially healthy and should not expect problems in meeting its short term obligations.
UCTT has a Quick ratio (1.91) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.21 | ||
| Quick Ratio | 1.91 |
3. Growth
3.1 Past
UCTT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.58%, which is quite good.
Measured over the past years, UCTT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.60% on average per year.
Looking at the last year, UCTT shows a small growth in Revenue. The Revenue has grown by 6.66% in the last year.
Measured over the past years, UCTT shows a quite strong growth in Revenue. The Revenue has been growing by 14.49% on average per year.
EPS 1Y (TTM)18.58%
EPS 3Y-29.85%
EPS 5Y8.6%
EPS Q2Q%-20%
Revenue 1Y (TTM)6.66%
Revenue growth 3Y-0.06%
Revenue growth 5Y14.49%
Sales Q2Q%-5.63%
3.2 Future
Based on estimates for the next years, UCTT will show a very strong growth in Earnings Per Share. The EPS will grow by 27.07% on average per year.
UCTT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.57% yearly.
EPS Next Y-25.8%
EPS Next 2Y2.34%
EPS Next 3Y12.05%
EPS Next 5Y27.07%
Revenue Next Year-2.01%
Revenue Next 2Y1.79%
Revenue Next 3Y6.67%
Revenue Next 5Y9.57%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 19.44, which indicates a rather expensive current valuation of UCTT.
Based on the Price/Earnings ratio, UCTT is valued cheaply inside the industry as 88.39% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.54. UCTT is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 17.15, which indicates a rather expensive current valuation of UCTT.
UCTT's Price/Forward Earnings ratio is rather cheap when compared to the industry. UCTT is cheaper than 90.18% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.78, UCTT is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.44 | ||
| Fwd PE | 17.15 |
4.2 Price Multiples
UCTT's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. UCTT is cheaper than 91.96% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of UCTT is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 69.15 | ||
| EV/EBITDA | 10.6 |
4.3 Compensation for Growth
A more expensive valuation may be justified as UCTT's earnings are expected to grow with 12.05% in the coming years.
PEG (NY)N/A
PEG (5Y)2.26
EPS Next 2Y2.34%
EPS Next 3Y12.05%
5. Dividend
5.1 Amount
UCTT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
26.05
-2.03 (-7.23%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners94.18%
Inst Owner Change-0.35%
Ins Owners1.86%
Ins Owner Change1.23%
Market Cap1.18B
Revenue(TTM)2.11B
Net Income(TTM)-161.60M
Analysts84
Price Target35.7 (37.04%)
Short Float %3.61%
Short Ratio3.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.92%
Min EPS beat(2)-1.96%
Max EPS beat(2)9.8%
EPS beat(4)2
Avg EPS beat(4)2.09%
Min EPS beat(4)-12.16%
Max EPS beat(4)12.68%
EPS beat(8)6
Avg EPS beat(8)24.62%
EPS beat(12)7
Avg EPS beat(12)7.59%
EPS beat(16)7
Avg EPS beat(16)5.12%
Revenue beat(2)1
Avg Revenue beat(2)0.26%
Min Revenue beat(2)-1.03%
Max Revenue beat(2)1.56%
Revenue beat(4)1
Avg Revenue beat(4)-1.02%
Min Revenue beat(4)-3.36%
Max Revenue beat(4)1.56%
Revenue beat(8)4
Avg Revenue beat(8)0.36%
Revenue beat(12)5
Avg Revenue beat(12)-0.51%
Revenue beat(16)7
Avg Revenue beat(16)-0.38%
PT rev (1m)12%
PT rev (3m)12%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-17.86%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.44 | ||
| Fwd PE | 17.15 | ||
| P/S | 0.56 | ||
| P/FCF | 69.15 | ||
| P/OCF | 15.85 | ||
| P/B | 1.67 | ||
| P/tB | 2.74 | ||
| EV/EBITDA | 10.6 |
EPS(TTM)1.34
EY5.14%
EPS(NY)1.52
Fwd EY5.83%
FCF(TTM)0.38
FCFY1.45%
OCF(TTM)1.64
OCFY6.31%
SpS46.5
BVpS15.64
TBVpS9.52
PEG (NY)N/A
PEG (5Y)2.26
Graham Number21.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -9.39% | ||
| ROE | -22.76% | ||
| ROCE | 4.18% | ||
| ROIC | 3.3% | ||
| ROICexc | 4.24% | ||
| ROICexgc | 5.65% | ||
| OM | 2.83% | ||
| PM (TTM) | N/A | ||
| GM | 15.99% | ||
| FCFM | 0.81% |
ROA(3y)0.54%
ROA(5y)2.91%
ROE(3y)1.19%
ROE(5y)6.44%
ROIC(3y)5.52%
ROIC(5y)7.36%
ROICexc(3y)7.05%
ROICexc(5y)9.7%
ROICexgc(3y)11.03%
ROICexgc(5y)17.01%
ROCE(3y)6.99%
ROCE(5y)9.32%
ROICexgc growth 3Y-29.69%
ROICexgc growth 5Y0.39%
ROICexc growth 3Y-24.76%
ROICexc growth 5Y7.61%
OM growth 3Y-20.77%
OM growth 5Y7.6%
PM growth 3Y-41.65%
PM growth 5YN/A
GM growth 3Y-6.02%
GM growth 5Y-1.65%
F-Score5
Asset Turnover1.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | 27.86 | ||
| Debt/EBITDA | 3.44 | ||
| Cap/Depr | 75.86% | ||
| Cap/Sales | 2.72% | ||
| Interest Coverage | 1.57 | ||
| Cash Conversion | 55.06% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.21 | ||
| Quick Ratio | 1.91 | ||
| Altman-Z | 2.71 |
F-Score5
WACC10.8%
ROIC/WACC0.31
Cap/Depr(3y)117.55%
Cap/Depr(5y)104.35%
Cap/Sales(3y)3.87%
Cap/Sales(5y)3.41%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.58%
EPS 3Y-29.85%
EPS 5Y8.6%
EPS Q2Q%-20%
EPS Next Y-25.8%
EPS Next 2Y2.34%
EPS Next 3Y12.05%
EPS Next 5Y27.07%
Revenue 1Y (TTM)6.66%
Revenue growth 3Y-0.06%
Revenue growth 5Y14.49%
Sales Q2Q%-5.63%
Revenue Next Year-2.01%
Revenue Next 2Y1.79%
Revenue Next 3Y6.67%
Revenue Next 5Y9.57%
EBIT growth 1Y-19.97%
EBIT growth 3Y-20.82%
EBIT growth 5Y23.19%
EBIT Next Year5.95%
EBIT Next 3Y17.1%
EBIT Next 5Y24.97%
FCF growth 1Y157.77%
FCF growth 3Y-78.56%
FCF growth 5Y-56.35%
OCF growth 1Y20.71%
OCF growth 3Y-32.53%
OCF growth 5Y-11.69%
ULTRA CLEAN HOLDINGS INC / UCTT FAQ
What is the fundamental rating for UCTT stock?
ChartMill assigns a fundamental rating of 4 / 10 to UCTT.
Can you provide the valuation status for ULTRA CLEAN HOLDINGS INC?
ChartMill assigns a valuation rating of 4 / 10 to ULTRA CLEAN HOLDINGS INC (UCTT). This can be considered as Fairly Valued.
Can you provide the profitability details for ULTRA CLEAN HOLDINGS INC?
ULTRA CLEAN HOLDINGS INC (UCTT) has a profitability rating of 3 / 10.
How financially healthy is ULTRA CLEAN HOLDINGS INC?
The financial health rating of ULTRA CLEAN HOLDINGS INC (UCTT) is 3 / 10.
What is the earnings growth outlook for ULTRA CLEAN HOLDINGS INC?
The Earnings per Share (EPS) of ULTRA CLEAN HOLDINGS INC (UCTT) is expected to decline by -25.8% in the next year.