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Ultra Clean HoldingsUCTT +0.13%61 Debt-to-Equity is 1.24 as of Mar. 2026, which is 65% above its 10-year median of 0.75. GuruFocus rates UCTT with a GF Score™ of 61/100 and a GF Value™ of $39.27 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 905 Semiconductors companies, Ultra Clean Holdings ranks worse than 88.51% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Ultra Clean Holdings's Debt-to-Equity or its related term are showing as below:
UCTT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.75 Max: 1.24
Current: 1.24
During the past 13 years, the highest Debt-to-Equity Ratio of Ultra Clean Holdings was 1.24. The lowest was 0.13. And the median was 0.75.
UCTT's Debt-to-Equity is ranked worse than 88.51% of 905
companies
in the Semiconductors industry
Industry Median: 0.26
vs UCTT: 1.24
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Ultra Clean Holdings Debt-to-Equity Related Terms
Ultra Clean Holdings Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Ultra Clean Holdings's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
UCTT vs ACLS, IPGP, VECO: Debt-to-Equity Comparison
For the Semiconductor Equipment & Materials subindustry, Ultra Clean Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ultra Clean Holdings Debt-to-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Ultra Clean Holdings's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Ultra Clean Holdings's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ultra Clean Holdings (UCTT) has a Debt-to-Equity of 1.24 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ultra Clean Holdings and its competitors. This is 65% above median its historical median of 0.75. Over the past decade, Ultra Clean Holdings' Debt-to-Equity has ranged from 0.13 to 1.24. According to the industry distribution chart, Ultra Clean Holdings ranks #801 out of 905 companies in the Semiconductors industry, placing it in the top 88.5%.
Is Ultra Clean Holdings' Debt-to-Equity too high?
Ultra Clean Holdings' current Debt-to-Equity of 1.24 is 65% above median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.24. The Semiconductors industry median Debt-to-Equity is 0.26. Ultra Clean Holdings' value of 1.24 is 376.9% above this industry median. Based on the distribution chart, Ultra Clean Holdings ranks #801 out of 905 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Ultra Clean Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ultra Clean Holdings' Debt-to-Equity compare to ACLS and IPGP?
According to the Semiconductors industry distribution chart, Ultra Clean Holdings ranks #801 out of 905 companies for Debt-to-Equity. This places Ultra Clean Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.26. Ultra Clean Holdings' value of 1.24 is 376.9% above this benchmark. Historically, Ultra Clean Holdings' own Debt-to-Equity has ranged from 0.13 to 1.24 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 0.26, Ultra Clean Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.26, based on 905 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ultra Clean Holdings's current Debt-to-Equity of 1.24 is 376.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ultra Clean Holdings and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultra Clean Holdings's current Debt-to-Equity is 1.24, which is 65% above median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultra Clean Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ultra Clean Holdings (UCTT) is currently considered Significantly Overvalued. The stock's GF Value™ is $39.27, compared to a current price of $83.31 — trading 112.1% above its estimated fair value. The current Debt-to-Equity is 1.24, which is 65% above median its 10-year median of 0.75 and 376.9% above the Semiconductors industry median of 0.26. Ultra Clean Holdings' overall GF Score™ is 61/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Ultra Clean Holdings (UCTT), the current Debt-to-Equity is 1.24 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ultra Clean Holdings (UCTT) Overvalued in 2026?
Based on GuruFocus' analysis, Ultra Clean Holdings stock appears to be overvalued.
The current stock price of $83.31 is trading 112.1% above its estimated GF Value™ of $39.27.
GuruFocus considers Ultra Clean Holdings to be Significantly Overvalued.
Key valuation signals for UCTT:
Debt-to-Equity: 1.24 (65% above median its 10-year median of 0.75)
GF Value™: $39.27 vs. price of $83.31 (112.1% above fair value)
Industry Position: 376.9% above the Semiconductors median (#801 of 905)
No single metric tells the full story. See the UCTT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ultra Clean Holdings Inc, through its subsidiaries, manufactures and supplies production tools, modules, and subsystems for the semiconductor capital equipment industry. The product includes precision robotic solutions, gas delivery systems, and a variety of industrial and automation production equipment products; subsystems include wafer cleaning subsystems, chemical delivery modules, top-plate assemblies, frame assemblies, and process modules. Its customer base includes firms in the semiconductor capital equipment industry, medical, energy, industrial, flat panel, and research equipment industries. It has two segments: Products and Services. Its principal markets are the Americas, Asia Pacific, and EMEA.
61GF Score
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