Overview
Ultra Clean Holdings, Inc. (UCT) is a prominent developer and supplier known for its critical subsystems, components, parts, and ultra-high purity cleaning technologies. The company primarily operates within the semiconductor and display capital equipment industries and is listed on Nasdaq under the ticker UCTT. UCTT has a significant market presence, with an annual revenue of approximately $1.9 billion and a workforce of 2,147 employees.
Company Leadership
- Jim Scholhamer - Chief Executive Officer: Bringing experience from roles at Applied Materials Inc., Jim Scholhamer leads UCT with a focus on advancing the semiconductor and display markets.
- Sheri Savage - Chief Financial Officer: Since 2009, Sheri Savage has played a vital role in UCT’s financial strategies, becoming the CFO on July 7, 2016.
- Harjinder Bajwa - Chief Operating Officer: Appointed in June 2024, with over 30 years of global operations expertise, he enhances UCT's operational capabilities and global footprint.
- Clarence L. Granger - Chairman of the Board: His extensive experience is pivotal in steering the strategic direction of the company.
Business Segments
- Semiconductor Manufacturing: UCT is a leader in providing support that enhances semiconductor fabrication design-to-delivery timelines.
- Gas & Chemical Delivery: Specializing in contamination solutions, UCT delivers high-performance systems improving process efficiency.
- Cleaning & Coating Services: UCT excels in ultra-high purity semiconductor chamber parts cleaning, significantly reducing process costs.
Recent Activities and Achievements
- Strategic Acquisitions: Acquisition of HIS Innovations Group to expand its portfolio and reinforce market position.
- Operational Expansion: Inaugurated a state-of-the-art facility in Chandler, AZ to bolster manufacturing capabilities.
- Financial Performance: Notable growth in Q4 2023 earnings call and positive projections for Q1 2024.
Contact Information
Access more insights about Ultra Clean Technology through their [official website](https://uct.com/).
Competitor Profiling
Competitors
- Silicon Motion Technology (SIMO): Renowned for NAND flash controllers for solid-state storage devices with a market capitalization of approximately $1.82 billion. They outperform UCT in several metrics and lead in SSD controller supplies, with strong profitability.
- SMART Global Holdings (SGH): Now rebranded as Penguin Solutions, focusing on high-performance computing and LED solutions. They have recently transformed to leverage integrated technology solutions.
- Ichor Systems (ICHR): Designers and manufacturers of fluid delivery subsystems critical in semiconductor capital equipment manufacturing.
- Himax Technologies (HIMX): Key providers of semiconductor solutions in display imaging processing, targeting consumer electronics with a wide array of imaging technologies.
- OSI Systems (OSIS): Specialist in designing sophisticated electronic systems, notable for security and inspection systems in sectors like aerospace and defense.
Financial Metrics
- Market Capitalization: Ultra Clean Technology is valued at $1.72 billion.
- Price Earnings (P/E) Ratio: 476.56, notably higher than peers.
- Net Income: A loss of $31.10 million, highlighting areas for operational efficiency improvement.
- Performance Metrics: A 7-day performance increase of 11.04% and a 1-year performance increase of 47.87%.
Market Position & Insights
Ultra Clean must keep pace with emerging trends and competitor strategies. Investment in R&D and market adaptability are crucial for sustaining advantages. Strategic partnerships and diversification into automotive and industrial applications could drive growth. Monitoring financial health indicators, insider transactions, and institutional investments is essential for strategic decisions.
