Ultra Clean Holdings Stock Beta

UCTT Stock

USD 37.20 1.29 3.59%

Ultra Clean Holdings fundamentals help investors to digest information that contributes to Ultra Clean's financial success or failures. It also enables traders to predict the movement of Ultra Stock. The fundamental analysis module provides a way to measure Ultra Clean's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ultra Clean stock.

Total Stockholder Equity Total Assets

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Ultra Clean Holdings Company Beta Analysis

Ultra Clean's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Ultra Clean Beta

2.08

Most of Ultra Clean's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ultra Clean Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ultra Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Ultra Clean is extremely important. It helps to project a fair market value of Ultra Stock properly, considering its historical fundamentals such as Beta. Since Ultra Clean's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ultra Clean's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ultra Clean's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Total Liab	Total Current Assets	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Current Deferred Revenue	Treasury Stock	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Capital Surpluse	Short Long Term Debt	Long Term Investments	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	0.91	1.0	0.99	0.99	0.92	0.98	0.97	0.98	0.32	0.94	0.41	0.97	0.06	0.89	-0.5	0.88	0.98	0.98	0.98	0.7	-0.54	0.97	0.94	0.4
Total Stockholder Equity	1.0		0.91	0.99	0.99	0.99	0.91	0.97	0.97	0.98	0.33	0.92	0.4	0.97	0.01	0.89	-0.52	0.89	0.97	0.98	0.97	0.69	-0.56	0.96	0.94	0.42
Net Debt	0.91	0.91		0.91	0.84	0.9	0.7	0.93	0.8	0.92	0.14	0.92	0.15	0.95	0.14	0.85	-0.67	0.83	0.97	0.91	0.94	0.52	-0.69	0.88	0.81	0.31
Total Liab	1.0	0.99	0.91		0.98	0.98	0.92	0.99	0.97	0.98	0.31	0.95	0.43	0.96	0.09	0.88	-0.48	0.86	0.98	0.97	0.97	0.7	-0.52	0.98	0.94	0.39
Total Current Assets	0.99	0.99	0.84	0.98		0.98	0.96	0.95	0.99	0.96	0.36	0.89	0.49	0.94	0.02	0.86	-0.42	0.87	0.94	0.95	0.94	0.76	-0.46	0.97	0.96	0.47
Retained Earnings	0.99	0.99	0.9	0.98	0.98		0.91	0.96	0.96	0.97	0.29	0.91	0.38	0.97	0.1	0.89	-0.52	0.91	0.97	0.98	0.97	0.68	-0.56	0.96	0.94	0.44
Accounts Payable	0.92	0.91	0.7	0.92	0.96	0.91		0.87	0.95	0.88	0.32	0.82	0.57	0.82	0.05	0.84	-0.28	0.76	0.83	0.87	0.84	0.77	-0.32	0.89	0.89	0.39
Long Term Debt	0.98	0.97	0.93	0.99	0.95	0.96	0.87		0.93	0.97	0.25	0.97	0.43	0.95	0.13	0.86	-0.46	0.81	0.98	0.94	0.96	0.64	-0.5	0.98	0.93	0.38
Net Receivables	0.97	0.97	0.8	0.97	0.99	0.96	0.95	0.93		0.94	0.4	0.88	0.59	0.9	-0.03	0.84	-0.32	0.82	0.9	0.92	0.91	0.75	-0.37	0.95	0.95	0.52
Good Will	0.98	0.98	0.92	0.98	0.96	0.97	0.88	0.97	0.94		0.33	0.95	0.39	0.95	0.02	0.9	-0.52	0.83	0.97	0.96	0.96	0.66	-0.56	0.94	0.89	0.33
Short Term Debt	0.32	0.33	0.14	0.31	0.36	0.29	0.32	0.25	0.4	0.33		0.2	0.3	0.27	-0.42	0.07	-0.02	0.26	0.26	0.25	0.27	0.32	-0.01	0.34	0.38	0.26
Intangible Assets	0.94	0.92	0.92	0.95	0.89	0.91	0.82	0.97	0.88	0.95	0.2		0.43	0.89	0.11	0.86	-0.43	0.71	0.95	0.89	0.9	0.51	-0.47	0.92	0.83	0.24
Common Stock	0.41	0.4	0.15	0.43	0.49	0.38	0.57	0.43	0.59	0.39	0.3	0.43		0.21	-0.13	0.31	0.55	0.05	0.28	0.26	0.22	0.39	0.48	0.47	0.49	0.54
Property Plant Equipment	0.97	0.97	0.95	0.96	0.94	0.97	0.82	0.95	0.9	0.95	0.27	0.89	0.21		0.12	0.85	-0.66	0.94	0.99	0.98	1.0	0.66	-0.69	0.95	0.92	0.38
Short Term Investments	0.06	0.01	0.14	0.09	0.02	0.1	0.05	0.13	-0.03	0.02	-0.42	0.11	-0.13	0.12		0.13	-0.05	0.13	0.12	0.11	0.11	-0.03	-0.06	0.13	0.12	0.05
Current Deferred Revenue	0.89	0.89	0.85	0.88	0.86	0.89	0.84	0.86	0.84	0.9	0.07	0.86	0.31	0.85	0.13		-0.5	0.77	0.86	0.9	0.86	0.63	-0.53	0.82	0.76	0.27
Treasury Stock	-0.5	-0.52	-0.67	-0.48	-0.42	-0.52	-0.28	-0.46	-0.32	-0.52	-0.02	-0.43	0.55	-0.66	-0.05	-0.5		-0.74	-0.61	-0.62	-0.66	-0.26	0.98	-0.4	-0.36	0.14
Net Tangible Assets	0.88	0.89	0.83	0.86	0.87	0.91	0.76	0.81	0.82	0.83	0.26	0.71	0.05	0.94	0.13	0.77	-0.74		0.88	0.93	0.94	0.69	-0.74	0.84	0.86	0.4
Long Term Debt Total	0.98	0.97	0.97	0.98	0.94	0.97	0.83	0.98	0.9	0.97	0.26	0.95	0.28	0.99	0.12	0.86	-0.61	0.88		0.96	0.99	0.63	-0.63	0.96	0.91	0.34
Deferred Long Term Liab	0.98	0.98	0.91	0.97	0.95	0.98	0.87	0.94	0.92	0.96	0.25	0.89	0.26	0.98	0.11	0.9	-0.62	0.93	0.96		0.99	0.7	-0.65	0.94	0.91	0.35
Capital Surpluse	0.98	0.97	0.94	0.97	0.94	0.97	0.84	0.96	0.91	0.96	0.27	0.9	0.22	1.0	0.11	0.86	-0.66	0.94	0.99	0.99		0.68	-0.68	0.94	0.92	0.34
Short Long Term Debt	0.7	0.69	0.52	0.7	0.76	0.68	0.77	0.64	0.75	0.66	0.32	0.51	0.39	0.66	-0.03	0.63	-0.26	0.69	0.63	0.7	0.68		-0.27	0.71	0.79	0.48
Long Term Investments	-0.54	-0.56	-0.69	-0.52	-0.46	-0.56	-0.32	-0.5	-0.37	-0.56	-0.01	-0.47	0.48	-0.69	-0.06	-0.53	0.98	-0.74	-0.63	-0.65	-0.68	-0.27		-0.42	-0.38	0.1
Net Invested Capital	0.97	0.96	0.88	0.98	0.97	0.96	0.89	0.98	0.95	0.94	0.34	0.92	0.47	0.95	0.13	0.82	-0.4	0.84	0.96	0.94	0.94	0.71	-0.42		0.98	0.47
Net Working Capital	0.94	0.94	0.81	0.94	0.96	0.94	0.89	0.93	0.95	0.89	0.38	0.83	0.49	0.92	0.12	0.76	-0.36	0.86	0.91	0.91	0.92	0.79	-0.38	0.98		0.56
Capital Stock	0.4	0.42	0.31	0.39	0.47	0.44	0.39	0.38	0.52	0.33	0.26	0.24	0.54	0.38	0.05	0.27	0.14	0.4	0.34	0.35	0.34	0.48	0.1	0.47	0.56

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Ultra Clean

In accordance with the recently published financial statements, Ultra Clean Holdings has a Beta of 2.081. This is 96.32% higher than that of the Semiconductors & Semiconductor Equipment sector and 87.48% higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.

Ultra Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ultra Clean's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ultra Clean could also be used in its relative valuation, which is a method of valuing Ultra Clean by comparing valuation metrics of similar companies.

Ultra Clean is currently under evaluation in beta category among its peers.

Ultra Clean ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ultra Clean's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ultra Clean's managers, analysts, and investors.

Environmental

Governance

Social

Ultra Clean Institutional Holders

Institutional Holdings refers to the ownership stake in Ultra Clean that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ultra Clean's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ultra Clean's value.

		Shares
Royce & Associates, Lp	2024-09-30	908.7 K
Vaughan Nelson Scarbrgh & Mccullough Lp	2024-06-30	860.8 K
Morgan Stanley - Brokerage Accounts	2024-06-30	695.6 K
Paradigm Capital Management, Inc.	2024-06-30	658.2 K
Charles Schwab Investment Management Inc	2024-09-30	647.3 K
Hhg Plc	2024-06-30	541.2 K
Wellington Management Company Llp	2024-06-30	531 K
Northern Trust Corp	2024-09-30	476.6 K
Hood River Capital Management Llc	2024-09-30	458.5 K
Blackrock Inc	2024-06-30	6.9 M
Vanguard Group Inc	2024-09-30	4.7 M

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ultra Clean will likely underperform.

Ultra Fundamentals

	Return On Equity	0.0142
	Return On Asset	0.0249
	Profit Margin	0 %
	Operating Margin	0.05 %
	Current Valuation	1.97 B
	Shares Outstanding	45.06 M
	Shares Owned By Insiders	2.07 %
	Shares Owned By Institutions	92.56 %
	Number Of Shares Shorted	998.12 K
	Price To Earning	14.56 X
	Price To Book	1.89 X
	Price To Sales	0.82 X
	Revenue	1.73 B
	Gross Profit	465 M
	EBITDA	101.6 M
	Net Income	(31.1 M)
	Cash And Equivalents	421.36 M
	Cash Per Share	9.33 X
	Total Debt	639.9 M
	Debt To Equity	0.70 %
	Current Ratio	2.81 X
	Book Value Per Share	19.02 X
	Cash Flow From Operations	135.9 M
	Short Ratio	2.09 X
	Earnings Per Share	0.07 X
	Price To Earnings To Growth	0.32 X
	Target Price	57.75
	Number Of Employees	6.13 K
	Beta	2.08
	Market Capitalization	1.62 B
	Total Asset	1.87 B
	Retained Earnings	346.7 M
	Working Capital	583.2 M
	Current Asset	209.03 M
	Current Liabilities	85.02 M
	Net Asset	1.87 B

About Ultra Clean Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ultra Clean Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ultra Clean using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ultra Clean Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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