UCTTUltra Clean Holdings, Inc.
Is it safe?
Solid, nothing alarming: clean books, but big price swings.
Reported earnings show no manipulation flags Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).
Mixed fundamental signals Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -79% · now 44% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 26, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can UCTT take a bad year?
Ultra Clean Holdings, Inc. carries $344M of net debt at 3.41× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.41×
Net debt / EBITDA
- Cash runway
- 2.3 years
Cash runway · burning $28M a quarter at the current rate
- Annualised volatility
- 75%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2026
- $599M
- Cash and short-term investments
- $256M
- Net debt
- $344M
- EBITDA, trailing twelve months
- $101M
- Operating profit, trailing twelve months
- $62M
- Debt / equity
- 0.94×
- Total debt / EBITDA
- 5.95×
- Annualised volatilitytwo years of daily moves
- 75%
- Worst drawdown on file
- −79%
- Below its 52-week high
- 44%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Semiconductor Equipment & Materials
Ranks #13 of 18 by RyuScore