Ichor Holdings, Ltd. (ICHR) vs Ultra Clean Holdings, Inc. (UCTT)

Ichor Holdings, Ltd. and Ultra Clean Holdings, Inc. are both Semiconductor Equipment & Materials companies. Ultra Clean Holdings, Inc. is the larger, with a market value of $2.5B against $1.8B — 1.4× the size. Ichor Holdings, Ltd. grew revenue faster over the last twelve months: 9.10% against 2.52%. Ultra Clean Holdings, Inc. has the higher net margin (−1.07% vs −3.97%) and the higher return on invested capital (3.68% vs −2.05%). Across the 19 metrics below, Ultra Clean Holdings, Inc. leads on 11 and Ichor Holdings, Ltd. on 8.

Valuation

Metric ICHR UCTT Semiconductor Equipment & Materials median
P/E n/m n/m 45.03
P/S 1.47 1.05 4.64
P/B 1.72 3.21 3.22
Price to free cash flow n/m n/m 48.18
EV/EBITDA 155.65 18.63 33.11
EV/Sales 1.33 1.21 5.52
Earnings yield (2.79%) (1.02%) 1.41%
Free cash flow yield (2.27%) (4.92%) 1.67%

Profitability

Metric ICHR UCTT Semiconductor Equipment & Materials median
Gross margin 10.39% 15.83% 43.95%
Operating margin (2.37%) 2.84% 10.32%
Net margin (3.97%) (1.07%) 7.45%
Free cash flow margin (2.53%) (5.15%) 6.77%
Return on equity (5.17%) (3.11%) 4.78%
Return on assets (3.71%) (1.28%) 3.62%
Return on invested capital (2.05%) 3.68% 6.10%

Growth

Metric ICHR UCTT Semiconductor Equipment & Materials median
Revenue growth (TTM) 9.10% 2.52% 14.60%
EPS growth (last fiscal year) (140.63%) (869.23%) (4.56%)
Revenue growth, 5-year CAGR 0.72% 7.99% 10.11%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ICHR UCTT Semiconductor Equipment & Materials median
Debt to equity 0.14 0.84 0.09
Current ratio 3.70 2.73 3.66
Net debt to EBITDA (4.73) 1.35 (0.49)

Dividend

Metric ICHR UCTT Semiconductor Equipment & Materials median
Dividend yield — — 0.42%
Payout ratio — — 0.19

Size

Metric ICHR UCTT Semiconductor Equipment & Materials median
Market cap 1.75b 2.53b 3.80b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack