Stocktoria
Ultra Clean Holdings, Inc. UCTT
Ultra Clean Holdings, Inc. (UCTT) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $2.1B at a -8.8% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.34 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-06-09 | Oppenheimer | Outperform (main) |
| 2026-05-05 | UBS | Buy (init) |
| 2026-04-29 | TD Cowen | Buy (main) |
| 2026-04-29 | Oppenheimer | Outperform (main) |
| 2026-04-29 | Needham | Buy (main) |
| 2026-02-24 | TD Cowen | Buy (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.381 |
| Retained earnings / assets | 0.109 |
| EBIT / assets | -0.062 |
| Equity / liabilities | 0.83 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| UCTT | Ultra Clean Holdings, Inc. | 4/9 | 3.31 | — | -2.1% |
| CRUS | CIRRUS LOGIC, INC. | 7/9 | 10.93 | 17.8 | +5.3% |
| OSIS | OSI SYSTEMS INC | 5/9 | 4.92 | 24 | +11.3% |
| TSEM | TOWER SEMICONDUCTOR LTD | 6/9 | 11.47 | 126.7 | +9.1% |
| DIOD | DIODES INC /DEL/ | 6/9 | — | 72.3 | +13% |
| ENPH | Enphase Energy, Inc. | 6/9 | 3.1 | 36.4 | +10.7% |
| PENG | Penguin Solutions, Inc. | 6/9 | 3.15 | 124.5 | +16.9% |
About Ultra Clean Holdings, Inc.
Ultra Clean Holdings, Inc. develops and supplies critical subsystems, components and parts, and cleaning and analytical services for the semiconductor industry in the United States and internationally. The company offers outsourced solutions for the development, design, component sourcing and cleaning, prototyping, engineering, and manufacturing and testing of advanced systems. It also provides a range of gas delivery solutions, such as precision thermal products, valves, connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, gas lines, and component heaters, as well as complex weldments. In addition, the company offers assemblies, including gas and fluid delivery solutions, wafer transport systems, mechatronic assemblies, process modules, and sub-fab process equipment support racks; weldments and frames with exacting standards; heaters, sensors, and controllers for precise temperature control; integrated device manufacturers and OEMs validated process tool chamber parts cleaning and coating services; and tool part process optimization solutions, analytical verification of process tool chamber part cleaning effectiveness and micro contamination analysis of tool parts, wafers and depositions, chemicals, cleanroom materials, deionized water, and airborne molecular contamination. It primarily serves customers in the semiconductor capital equipment and semiconductor integrated device manufacturing industries, as well as display, consumer, medical, energy, industrial, and research equipment industries. The company was founded in 1991 and is headquartered in Hayward, California.
FAQ
Is UCTT financially healthy?
Ultra Clean Holdings, Inc.'s Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does UCTT pay a dividend?
No, Ultra Clean Holdings, Inc. does not currently pay a dividend.
How profitable is UCTT?
In FY2025, Ultra Clean Holdings, Inc. had a net margin of -8.8% and a return on equity of -23.1%.
Is UCTT overvalued or undervalued?
Ultra Clean Holdings, Inc. trades at about 174.3× trailing earnings — above its 10-year norm (10-year range 9.9×–70.9×, median 28.1×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for UCTT?
The average Wall-Street price target for Ultra Clean Holdings, Inc. is $107.40, about 18.5% above the recent price, from 5 analysts.
Is UCTT a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Ultra Clean Holdings, Inc.: a Piotroski F-score of 4/9, an Altman Z″ in the safe zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-26. Facts plus Stocktoria's own computed scores — not investment advice.