# Ultra Clean Holdings Inc. (UCTT) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Semiconductors & Semiconductor Equipment. Price $72.43, market value $3.3 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Ultra Clean Holdings Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 1.5×**. Each dollar of revenue is priced at 1.5×.
- **Price / book: 5.2×**. The shares trade at 5.2× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **EV / EBITDA: 30.8×**. Enterprise value is 30.8× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: -3.4%** (5-yr avg 1.6%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 15.8%**. Ultra Clean Holdings Inc. keeps 15.8% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 2.8%**. 2.8% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: -8.8%**. The company reported a net loss over the last twelve months.
- **Return on equity: -25.5%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 5.6%**. Return on all capital, debt included, is 5.6%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -1.4%**. Each dollar of assets produces -1.4% of profit.

## Growth
- **Revenue growth (1 yr): -2.1%** (3-yr -4.7%/yr, 5-yr 8.0%/yr). Revenue fell 2.1% over the last year, against 8.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -869.2%**. Earnings per share fell 869.2%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.67**. Debt is 0.67 times equity, moderate leverage.
- **Net debt / EBITDA: 1.5×**. It would take 1.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 3.64**. A Z-score of 3.64 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Ultra Clean Holdings Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 203.2%** (YTD 185.9%, 3-mo -11.7%). The shares are up 203.2% over twelve months including dividends.
- **From 52-week high: -49.8%** (237.0% above the low). Trading 50% below its 52-week high, deep in a drawdown.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 44**. An RSI of 44 is neutral.
- **Beta (1 yr): 3.59** (volatility 87%). Beta of 3.59 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=UCTT · Page: https://foliofundamentals.com/stocks/uctt

Not investment advice.