Ultra Clean Financials

UCTT Stock  USD 38.45  1.15  3.08%   
Based on the analysis of Ultra Clean's profitability, liquidity, and operating efficiency, Ultra Clean Holdings is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, Ultra Clean's Total Liabilities is comparatively stable compared to the past year. Total Current Assets is likely to gain to about 937.9 M in 2024, whereas Accumulated Other Comprehensive Income is likely to drop (4.6 M) in 2024. Key indicators impacting Ultra Clean's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.570.6503
Fairly Down
Slightly volatile
Operating Income38.6 M35.2 M
Significantly Up
Slightly volatile
Current Ratio2.952.4239
Fairly Up
Very volatile
The essential information of the day-to-day investment outlook for Ultra Clean includes many different criteria found on its balance sheet. An individual investor should monitor Ultra Clean's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Ultra Clean.

Net Income

(29.55 Million)

  
Understanding current and past Ultra Clean Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ultra Clean's financial statements are interrelated, with each one affecting the others. For example, an increase in Ultra Clean's assets may result in an increase in income on the income statement.

Ultra Clean Earnings Geography

Please note, the imprecision that can be found in Ultra Clean's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ultra Clean Holdings. Check Ultra Clean's Beneish M Score to see the likelihood of Ultra Clean's management manipulating its earnings.

Ultra Clean Stock Summary

Ultra Clean competes with IPG Photonics, and Applied Materials. Ultra Clean Holdings, Inc. develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company was founded in 1991 and is headquartered in Hayward, California. Ultra Clean operates under Semiconductor Equipment Materials classification in the United States and is traded on NASDAQ Exchange. It employs 5860 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS90385V1070
CUSIP90385V107
LocationCalifornia; U.S.A
Business Address26462 Corporate Avenue,
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.uct.com
Phone510 576 4400
CurrencyUSD - US Dollar

Ultra Clean Key Financial Ratios

Ultra Clean Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.1B2.0B2.0B1.9B2.0B
Net Debt171.7M111.5M168.8M252.4M332.9M349.5M
Cash162.5M200.3M466.5M358.8M307M322.4M
Other Assets20.7M28.8M46.8M46.8M53.8M56.5M
Total Liab566.8M551.3M1.1B1.0B970.5M1.0B
Total Current Assets467.0M545.1M1.1B1.1B893.2M937.9M
Other Current Liab55.5M60.8M96.8M97.8M81.4M85.5M
Other Liab44M57.4M67.8M61.4M70.6M74.1M
Retained Earnings140.4M218.0M337.4M377.8M346.7M364.0M
Accounts Payable133.1M121.3M332.9M253.5M192.9M202.5M
Long Term Debt283.4M261.6M529.9M493M461.2M484.3M
Net Receivables112.7M145.5M250.1M253.7M180.8M189.8M
Good Will171.1M171.1M270.0M248.8M265.2M278.5M
Inventory172.4M180.4M379.2M443.9M374.5M393.2M
Other Current Assets19.4M18.9M41.3M42.4M30.9M32.4M
Short Term Debt22.0M19.1M39.4M37.9M35.7M17.9M
Intangible Assets180.3M160.5M245.7M187.9M215.3M226.1M
Common Stock297.7M309.6M511.6M515.5M100K95K
Net Tangible Assets85.3M201M333.1M451.2M518.9M544.8M
Long Term Debt Total331.5M283.4M261.6M529.9M609.4M639.9M

Ultra Clean Key Income Statement Accounts

The reason investors look at the income statement is to determine what Ultra Clean's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense25.6M16.9M24.2M33.9M48.8M51.2M
Gross Profit196.9M291.8M430.0M465M277.3M291.2M
Operating Income29.9M121.4M185.7M199.6M35.2M38.6M
Ebit29.9M121.4M185.7M197.8M39.9M41.3M
Ebitda73.3M166.2M253.2M266.2M101.6M55.6M
Cost Of Revenue869.4M1.1B1.7B1.9B1.5B1.5B
Income Before Tax2.4M99.7M154.3M88.3M(11.3M)(10.7M)
Net Income(7.6M)77.6M119.5M40.4M(31.1M)(29.5M)
Income Tax Expense10.0M19.3M27.9M37.9M10.9M8.3M
Total Revenue1.1B1.4B2.1B2.4B1.7B1.8B
Research Development14.6M14.8M24.5M28.5M28.3M29.7M
Tax Provision10M19.3M27.9M37.9M25.6M20.9M
Minority Interest1.7M2.8M(6.9M)(10M)(7.2M)(6.8M)
Net Interest Income(25.2M)(16.0M)(23.8M)(33M)(43.7M)(41.5M)

Ultra Clean Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory22.3M(8.0M)(125.1M)(84.4M)80.8M84.8M
Change In Cash18.4M37.7M266.2M(107.7M)(51.8M)(49.2M)
Free Cash Flow94.7M60.9M153.7M(52.9M)59.8M62.8M
Depreciation43.4M46.6M70.9M72.3M61.7M64.8M
Other Non Cash Items4.8M5.3M5.3M78.2M13.6M9.0M
Capital Expenditures26.3M36.4M59.3M100.1M75.8M79.6M
Net Income(7.6M)80.4M126.4M50.4M(31.1M)(29.5M)
End Period Cash Flow162.5M200.3M466.5M358.8M307M322.4M
Change To Netincome11.3M20.8M24.8M107.1M123.2M129.3M
Change Receivables7.2M(4.5M)(32.7M)(53M)(47.7M)(45.3M)
Net Borrowings(51.2M)(28.8M)283.5M(39.7M)(45.7M)(43.4M)
Investments(49.2M)(29.8M)(406.8M)(96.2M)(88.9M)(93.3M)

Ultra Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Ultra Clean's current stock value. Our valuation model uses many indicators to compare Ultra Clean value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ultra Clean competition to find correlations between indicators driving Ultra Clean's intrinsic value. More Info.
Ultra Clean Holdings is rated second in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about  1.75  of Return On Asset per Return On Equity. At this time, Ultra Clean's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Ultra Clean by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Ultra Clean Holdings Systematic Risk

Ultra Clean's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ultra Clean volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Ultra Clean Holdings correlated with the market. If Beta is less than 0 Ultra Clean generally moves in the opposite direction as compared to the market. If Ultra Clean Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ultra Clean Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ultra Clean is generally in the same direction as the market. If Beta > 1 Ultra Clean moves generally in the same direction as, but more than the movement of the benchmark.

Ultra Clean Thematic Clasifications

Ultra Clean Holdings is part of several thematic ideas from Cleaning to Recycling. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Ultra Clean Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ultra Clean's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ultra Clean growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.52

At this time, Ultra Clean's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Ultra Clean November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Ultra Clean help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ultra Clean Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ultra Clean Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Ultra Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ultra Clean's daily price indicators and compare them against related drivers.

Additional Tools for Ultra Stock Analysis

When running Ultra Clean's price analysis, check to measure Ultra Clean's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ultra Clean is operating at the current time. Most of Ultra Clean's value examination focuses on studying past and present price action to predict the probability of Ultra Clean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultra Clean's price. Additionally, you may evaluate how the addition of Ultra Clean to your portfolios can decrease your overall portfolio volatility.