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Upturn AI SWOT - About
ICHR 
Ichor Holdings Ltd (ICHR)
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Upturn Advisory Summary
08/28/2025: ICHR (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
7 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $24.17
1 Year Target Price $24.17
| 5 | Strong Buy |
| 0 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -33.11% | Avg. Invested days 25 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 603.48M USD | Price to earnings Ratio - | 1Y Target Price 24.17 |
Price to earnings Ratio - | 1Y Target Price 24.17 | ||
Volume (30-day avg) 7 | Beta 1.75 | 52 Weeks Range 13.12 - 36.48 | Updated Date 08/29/2025 |
52 Weeks Range 13.12 - 36.48 | Updated Date 08/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.61 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-08-04 | When After Market | Estimate 0.14 | Actual 0.03 |
Profitability
Profit Margin -2.23% | Operating Margin (TTM) -0.07% |
Management Effectiveness
Return on Assets (TTM) -0.19% | Return on Equity (TTM) -2.98% |
Valuation
Trailing PE - | Forward PE 42.37 | Enterprise Value 678033900 | Price to Sales(TTM) 0.65 |
Enterprise Value 678033900 | Price to Sales(TTM) 0.65 | ||
Enterprise Value to Revenue 0.73 | Enterprise Value to EBITDA 30.35 | Shares Outstanding 34327400 | Shares Floating 33716671 |
Shares Outstanding 34327400 | Shares Floating 33716671 | ||
Percent Insiders 1.92 | Percent Institutions 98.86 |
Upturn AI SWOT
Ichor Holdings Ltd
Company Overview
History and Background
Ichor Holdings Ltd (ICHR) was founded in 2013 and is based in Fremont, California. It provides critical subsystems and process equipment for semiconductor capital equipment. It evolved from various entities providing similar services within the semiconductor industry.
Core Business Areas
- Gas and Chemical Delivery Systems: Design, engineering, and manufacturing of gas and chemical delivery systems critical to semiconductor manufacturing processes.
- Process Equipment: Manufacturing process equipment, including wet etch and clean systems, gas abatement systems, and related components.
- Liquid Delivery Systems: Provide precision liquid delivery systems.
Leadership and Structure
Jeffery S. Lyding is the CEO. The organizational structure is typical of a manufacturing company with departments for engineering, operations, sales, and finance.
Top Products and Market Share
Key Offerings
- Gas and Chemical Delivery Systems: These systems control the precise flow of gases and chemicals used in semiconductor fabrication. Market share is estimated to be around 25%. Competitors include Brooks Automation, MKS Instruments, and Advanced Energy Industries. Revenue associated with this offering accounts for the largest portion of Ichor's revenue.
- Process Equipment: Including wet etch and clean systems. Specific market share data is not publicly available, but it is a key area for the company. Competitors include Applied Materials and Lam Research.
Market Dynamics
Industry Overview
The semiconductor equipment industry is highly cyclical, driven by demand for semiconductors in various electronic devices. It's a technologically advanced and capital-intensive industry.
Positioning
Ichor is a key supplier to major semiconductor equipment manufacturers. Its competitive advantage lies in its engineering capabilities, manufacturing expertise, and strong customer relationships.
Total Addressable Market (TAM)
The TAM for semiconductor manufacturing equipment is estimated to be in the hundreds of billions of dollars annually. Ichor is well positioned within this TAM as a key supplier to major OEMs.
Upturn SWOT Analysis
Strengths
- Strong customer relationships with leading semiconductor equipment manufacturers
- Expertise in gas and chemical delivery systems
- Manufacturing capabilities and capacity
- Agile and Responsive
Weaknesses
- Customer concentration (dependence on a few large customers)
- Exposure to cyclicality of the semiconductor industry
- Limited brand recognition with end customers
Opportunities
- Growth in semiconductor demand driven by AI, IoT, and automotive applications
- Expansion into new geographic markets
- Development of new products and services
- Potential for further consolidation in the semiconductor equipment industry
Threats
- Economic downturns and reduced capital spending by semiconductor manufacturers
- Technological changes and obsolescence of existing products
- Increased competition from existing and new players
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- AMAT
- LRCX
- MKSI
Competitive Landscape
Ichor has a competitive advantage in certain areas, such as gas and chemical delivery systems. However, it faces strong competition from larger, more diversified players.
Major Acquisitions
Ku0442u0435u043bu044cu043du043eu0441u0442u044cu044e GmbH
- Year: 2017
- Acquisition Price (USD millions): 105
- Strategic Rationale: Expanded Ichor's capabilities in precision welding and fabrication.
Growth Trajectory and Initiatives
Historical Growth: Ichor has experienced growth in revenue and earnings over the past several years, driven by increased demand for its products and services.
Future Projections: Analysts project continued growth for Ichor, driven by demand for semiconductors in new applications. However, growth will depend on capital expenditures by semiconductor manufacturers.
Recent Initiatives: Recent initiatives include expanding manufacturing capacity, investing in R&D, and pursuing strategic acquisitions.
Summary
Ichor Holdings Ltd is a crucial part of the semiconductor supply chain, with strong relationships with the main semiconductor manufacturing equipment companies. Its financial health is generally sound, though it is highly dependent on the cyclical nature of the industry and capital spending of its primary customer base. Growth hinges on continued semiconductor demand. The company should be wary of increased competition and technological changes.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (SEC), Analyst Reports, Industry Publications
Disclaimers:
This analysis is based on publicly available information and analyst estimates. It is not financial advice, and investors should conduct their own due diligence.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Ichor Holdings Ltd
Exchange NASDAQ | Headquaters Fremont, CA, United States | ||
IPO Launch date 2016-12-09 | CEO & Executive Director Mr. Jeffrey S. Andreson | ||
Sector Technology | Industry Semiconductor Equipment & Materials | Full time employees 1820 | Website https://www.ichorsystems.com |
Full time employees 1820 | Website https://www.ichorsystems.com | ||
Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States and internationally. It primarily offers gas and chemical delivery systems and subsystems that are used in the manufacturing of semiconductor devices. The company's gas delivery subsystems deliver, monitor, and control gases used in semiconductor manufacturing processes, such as etch and deposition; and chemical delivery subsystems blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes comprising chemical-mechanical planarization, electroplating, and cleaning. In addition, it manufactures precision machined components, weldments, electron beam, laser-welded components, precision vacuum and hydrogen brazing, surface treatment technologies, and other proprietary products. It primarily markets its products to equipment OEMs in the semiconductor equipment market in Japan. Ichor Holdings, Ltd. was incorporated in 1999 and is headquartered in Fremont, California.
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