Ultra Clean Holdings Stock Z Score

UCTT Stock

USD 38.45 1.15 3.08%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Ultra Clean Piotroski F Score and Ultra Clean Valuation analysis.

At this time, Ultra Clean's Capital Surpluse is comparatively stable compared to the past year. Change In Working Capital is likely to gain to about 96.6 M in 2024, whereas Capital Stock is likely to drop slightly above 95 K in 2024. At this time, Ultra Clean's Selling General Administrative is comparatively stable compared to the past year. Selling And Marketing Expenses is likely to gain to about 54.4 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (44.2 M).

Ultra Clean Holdings Company Z Score Analysis

Ultra Clean's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Ultra Z Score 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 Z Score. 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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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Ultra Clean

As per the company's disclosures, Ultra Clean Holdings has a Z Score of 0.0. This is 100.0% lower than that of the Semiconductors & Semiconductor Equipment sector and 100.0% lower than that of the Information Technology industry. The z score for all United States stocks is 100.0% higher than that of the company.

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

Ultra Fundamentals

	Return On Equity	0.0142
	Return On Asset	0.0249
	Profit Margin	0 %
	Operating Margin	0.05 %
	Current Valuation	2.08 B
	Shares Outstanding	45.06 M
	Shares Owned By Insiders	2.00 %
	Shares Owned By Institutions	92.71 %
	Number Of Shares Shorted	998.12 K
	Price To Earning	14.56 X
	Price To Book	2.02 X
	Price To Sales	0.88 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	0.34 X
	Target Price	57.75
	Number Of Employees	6.13 K
	Beta	2.08
	Market Capitalization	1.73 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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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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Ultra Clean Holdings Stock Z Score

Ultra Clean Holdings Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Ultra Z Score Driver Correlations

Ultra Clean ESG Sustainability

Ultra Clean Institutional Holders

Ultra Fundamentals

About Ultra Clean Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Ultra Stock Analysis

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