Ultra Clean HoldingsUCTT -13.91%66 3-Year ROIIC % is 54.79 as of Dec. 2025, which is 1120% above its 10-year median of 4.49. GuruFocus rates UCTT with a GF Score™ of 66/100 and a GF Value™ of $38.64 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 996 Semiconductors companies, Ultra Clean Holdings ranks better than 82.43% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Ultra Clean Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 54.79%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Ultra Clean Holdings's 3-Year ROIIC % or its related term are showing as below:
UCTT's 3-Year ROIIC % is ranked better than 82.43% of 996
companies
in the Semiconductors industry
Industry Median: -0.25
vs UCTT: 54.79
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Ultra Clean Holdings 3-Year ROIIC % Related Terms
Ultra Clean Holdings 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Ultra Clean Holdings's 3-Year ROIIC % 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, AXTI, IPGP: 3-Year ROIIC % Comparison
For the Semiconductor Equipment & Materials subindustry, Ultra Clean Holdings's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Ultra Clean Holdings's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Ultra Clean Holdings's 3-Year ROIIC % falls into.
Ultra Clean Holdings's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 43.7 (Dec. 2025) - 112.90424 (Dec. 2022) )
/
( 1222.3 (Dec. 2025) - 1348.6 (Dec. 2022) )
=
-69.20424
/
-126.3
=
54.79%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Ultra Clean Holdings (UCTT) has a 3-Year ROIIC % of 54.79 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Ultra Clean Holdings and its competitors. This is 1120% above median its historical median of 4.49. According to the industry distribution chart, Ultra Clean Holdings ranks #175 out of 996 companies in the Semiconductors industry, placing it in the top 17.6%.
Is Ultra Clean Holdings' 3-Year ROIIC % too high?
Ultra Clean Holdings' current 3-Year ROIIC % of 54.79 is 1120% above median its 10-year median of 4.49. Based on the distribution chart, Ultra Clean Holdings ranks #175 out of 996 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Ultra Clean Holdings has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ultra Clean Holdings' 3-Year ROIIC % compare to ACLS and AXTI?
According to the Semiconductors industry distribution chart, Ultra Clean Holdings ranks #175 out of 996 companies for 3-Year ROIIC %. This places Ultra Clean Holdings in the top 18% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Semiconductors company?
A good 3-Year ROIIC % depends on the Semiconductors industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Ultra Clean Holdings and its competitors. Ultra Clean Holdings's current 3-Year ROIIC % is 54.79, which is 1120% above median its own 10-year median of 4.49. 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 $38.64, compared to a current price of $90.89 — trading 135.2% above its estimated fair value. The current 3-Year ROIIC % is 54.79, which is 1120% above median its 10-year median of 4.49. Ultra Clean Holdings' overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Ultra Clean Holdings (UCTT), the current 3-Year ROIIC % is 54.79 as of Dec. 2025. 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 $90.89 is trading 135.2% above its estimated GF Value™ of $38.64.
GuruFocus considers Ultra Clean Holdings to be Significantly Overvalued.
Key valuation signals for UCTT:
3-Year ROIIC %: 54.79 (1120% above median its 10-year median of 4.49)
GF Value™: $38.64 vs. price of $90.89 (135.2% above fair value)
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.
66GF Score
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