Ultra Clean Holdings Stock Z Score
| UCTT Stock | USD 40.50 1.35 3.23% |
Ultra | Z Score |
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..
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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.
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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 |
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 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 | 2023-12-31 | 810.9 K | Charles Schwab Investment Management Inc | 2023-12-31 | 591.9 K | Boston Partners Global Investors, Inc | 2023-12-31 | 587.1 K | Vaughan Nelson Scarbrgh & Mccullough Lp | 2023-12-31 | 548 K | Northern Trust Corp | 2023-12-31 | 492.4 K | Ameriprise Financial Inc | 2023-12-31 | 449.9 K | Jpmorgan Chase & Co | 2023-12-31 | 427 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 424.1 K | Pinnacle Associates Inc | 2023-12-31 | 420.7 K | Blackrock Inc | 2023-12-31 | 7.2 M | Vanguard Group Inc | 2023-12-31 | 4.4 M |
Ultra Fundamentals
| Return On Equity | -0.0242 | ||||
| Return On Asset | 0.013 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 2.33 B | ||||
| Shares Outstanding | 44.65 M | ||||
| Shares Owned By Insiders | 2.23 % | ||||
| Shares Owned By Institutions | 92.53 % | ||||
| Number Of Shares Shorted | 798.93 K | ||||
| Price To Earning | 14.56 X | ||||
| Price To Book | 2.33 X | ||||
| Price To Sales | 1.13 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 | 18.81 X | ||||
| Cash Flow From Operations | 135.6 M | ||||
| Short Ratio | 2.56 X | ||||
| Earnings Per Share | (0.70) X | ||||
| Price To Earnings To Growth | 0.75 X | ||||
| Target Price | 49.67 | ||||
| Number Of Employees | 6.13 K | ||||
| Beta | 2.02 | ||||
| Market Capitalization | 1.94 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.
Ultra Clean Investors Sentiment
The influence of Ultra Clean's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ultra. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Ultra Clean's public news can be used to forecast risks associated with an investment in Ultra. The trend in average sentiment can be used to explain how an investor holding Ultra can time the market purely based on public headlines and social activities around Ultra Clean Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ultra Clean's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ultra Clean's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ultra Clean's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ultra Clean.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ultra Clean in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ultra Clean's short interest history, or implied volatility extrapolated from Ultra Clean options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ultra Clean Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ultra Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ultra Clean Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Ultra Clean Holdings Stock:Check out Ultra Clean Piotroski F Score and Ultra Clean Valuation analysis. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary 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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Is Ultra Clean's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ultra Clean. If investors know Ultra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ultra Clean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.40) | Earnings Share (0.70) | Revenue Per Share 38.803 | Quarterly Revenue Growth (0.21) | Return On Assets 0.013 |
The market value of Ultra Clean Holdings is measured differently than its book value, which is the value of Ultra that is recorded on the company's balance sheet. Investors also form their own opinion of Ultra Clean's value that differs from its market value or its book value, called intrinsic value, which is Ultra Clean's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ultra Clean's market value can be influenced by many factors that don't directly affect Ultra Clean's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ultra Clean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ultra Clean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultra Clean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.