Ichor Holdings, Ltd. (ICHR) Report Analysis
Corporate Events
Ichor Holdings, Ltd.(NasdaqGS:ICHR) dropped from Russell 2000 Growth-Defensive Index
2022-06-24 00:00:00
Ichor Holdings, Ltd.(NasdaqGS:ICHR) dropped from Russell 2000 Growth-Defensive Index
Ichor Holdings, Ltd.(NasdaqGS:ICHR) dropped from Russell 2000 Growth Index
2022-06-24 00:00:00
Ichor Holdings, Ltd.(NasdaqGS:ICHR) dropped from Russell 2000 Growth Index
Ichor Holdings, Ltd.(NasdaqGS:ICHR) dropped from Russell Small Cap Comp Growth Index
2022-06-24 00:00:00
Ichor Holdings, Ltd.(NasdaqGS:ICHR) dropped from Russell Small Cap Comp Growth Index
Ichor Holdings, Ltd.(NasdaqGS:ICHR) dropped from Russell 3000 Growth Index
2022-06-24 00:00:00
Ichor Holdings, Ltd.(NasdaqGS:ICHR) dropped from Russell 3000 Growth Index
Ichor Holdings, Ltd.(NasdaqGS:ICHR) dropped from Russell 3000E Growth Index
2022-06-24 00:00:00
Ichor Holdings, Ltd.(NasdaqGS:ICHR) dropped from Russell 3000E Growth Index
Ichor Holdings, Ltd.(NasdaqGS:ICHR) dropped from Russell Microcap Growth Index
2022-06-24 00:00:00
Ichor Holdings, Ltd.(NasdaqGS:ICHR) dropped from Russell Microcap Growth Index
Ichor Holdings, Ltd.(NasdaqGS:ICHR) dropped from Russell 2500 Growth Index
2022-06-24 00:00:00
Ichor Holdings, Ltd.(NasdaqGS:ICHR) dropped from Russell 2500 Growth Index
Ichor Holdings, Ltd. Appoints Jorge Titinger Has Joined Its Board of Directors
2022-06-13 13:00:00
Ichor Holdings, Ltd. announced that Jorge Titinger has joined its board of directors, effective June 13, 2022. Jorge brings over 30 years of leadership experience in the semiconductor equipment and computing industries, and a strong track record of accomplishment in his positions as CEO. In addition, his many years of corporate governance experience for publicly-traded companies in industry will make him a valuable contributor to board. Mr. Titinger currently serves as a director of CalAmp Corp., Axcelis Technologies Inc., and FormFactor Inc., positions he has held since June 2015, August 2019, and June 2021, respectively.
Ichor Holdings, Ltd. Approves Amended and Restated Memorandum and Articles of Association
2022-05-25 12:01:00
Ichor Holdings, Ltd. announced that at the AGM was held on May 24, 2022, the company approved the Amended and Restated Memorandum and Articles of Association.
Ichor Holdings, Ltd. Presents at Cowen 50th Annual Technology, Media, and Telecom Conference, Jun-01-2022
2022-05-13 15:03:00
Ichor Holdings, Ltd. Presents at Cowen 50th Annual Technology, Media, and Telecom Conference, Jun-01-2022 . Venue: New York City, New York, United States.
Ichor Holdings, Ltd. Presents at B. Riley 22nd Annual Institutional Investor Conference, May-25-2022
2022-05-13 15:03:00
Ichor Holdings, Ltd. Presents at B. Riley 22nd Annual Institutional Investor Conference, May-25-2022 . Venue: The Beverly Hilton Hotel, Beverly Hills, California, United States.
Tranche Update on Ichor Holdings, Ltd. (NasdaqGS:ICHR)'s Equity Buyback Plan announced on February 15, 2018.
2022-05-11 16:01:00
From January 1, 2022 to April 1, 2022, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 4,437,439 shares, representing 17.85% for $91.58 million under the buyback announced on February 15, 2018.
Ichor Holdings, Ltd. Provides Earnings Guidance for the Second Quarter of 2022
2022-05-10 20:05:00
Ichor Holdings, Ltd. provided earnings guidance for the second quarter of 2022. For the second quarter of 2022, the company expected revenue to be in the range of $290 million to $330 million. The company expected GAAP diluted EPS to be in the range of $0.45 to $0.73.
Ichor Holdings, Ltd., Q1 2022 Earnings Call, May 10, 2022
2022-04-20 20:05:00
Ichor Holdings, Ltd., Q1 2022 Earnings Call, May 10, 2022
Ichor Holdings, Ltd. to Report Q1, 2022 Results on May 10, 2022
2022-04-20 20:05:00
Ichor Holdings, Ltd. announced that they will report Q1, 2022 results on May 10, 2022
Ichor Holdings, Ltd., Annual General Meeting, May 24, 2022
2022-04-13 20:01:00
Ichor Holdings, Ltd., Annual General Meeting, May 24, 2022, at 09:00 Pacific Standard Time.
Ichor Holdings, Ltd. Appoints Paul Chhabra as Chief Operating Officer
2022-03-31 20:05:00
Ichor Holdings, Ltd. announced the appointment of Paul Chhabra as the company’s new chief operating officer (COO), effective April 11, 2022. Dr. Chhabra will be responsible for overseeing Ichor’s global operations and supply chain. Dr. Chhabra most recently served as vice president, global product supply of Franklin Electric, a global leader in the production and marketing of systems and components for the movement of water and fuel. Prior to joining Franklin Electric four years ago, Dr. Chhabra was vice president, global supply chain, for the semiconductor division of Applied Materials Inc.
Tranche Update on Ichor Holdings, Ltd. (NasdaqGS:ICHR)'s Equity Buyback Plan announced on February 15, 2018.
2022-02-28 16:07:00
From September 25, 2021 to December 31, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 4,437,439 shares, representing 17.85% for $91.58 million under the buyback announced on February 15, 2018.
Ichor Holdings, Ltd. Provides Earnings Guidance for the First Quarter 2022
2022-02-08 21:05:00
Ichor Holdings, Ltd. provided earnings guidance for the first quarter 2022. For the quarter, the company expects revenue to be in the range of $280 million to $320 million. and GAAP diluted EPS to be in the range of $0.55 to $0.79.
Cowen Inc., Cowen 50th Annual Technology, Media, and Telecom Conference, Jun 01, 2022 through Jun 03, 2022
2022-02-07 20:29:00
Cowen Inc., Cowen 50th Annual Technology, Media, and Telecom Conference, Jun 01, 2022 through Jun 03, 2022. Venue: New York City, New York, United States.
Ichor Holdings, Ltd. to Report Q4, 2021 Results on Feb 08, 2022
2022-01-26 14:00:00
Ichor Holdings, Ltd. announced that they will report Q4, 2021 results at 1:00 PM, Pacific Standard Time on Feb 08, 2022
Ichor Holdings, Ltd., Q4 2021 Earnings Call, Feb 08, 2022
2022-01-26 14:00:00
Ichor Holdings, Ltd., Q4 2021 Earnings Call, Feb 08, 2022
B. Riley Financial, Inc., B. Riley 22nd Annual Institutional Investor Conference, May 25, 2022 through May 26, 2022
2022-01-12 16:21:00
B. Riley Financial, Inc., B. Riley 22nd Annual Institutional Investor Conference, May 25, 2022 through May 26, 2022. Venue: The Beverly Hilton Hotel, Beverly Hills, California, United States.
Ichor Holdings, Ltd. to Present Details About Its Integrated Manifold System (IMS) Wet Fluid Delivery Architecture at SEMICON Japan 2021
2021-12-13 21:05:00
Ichor Holdings, Ltd. announced it will present details about the Ichor Integrated Manifold System for high-productivity chemical delivery applications in semiconductor wet processing equipment at SEMICON Japan 2021 in Tokyo on Thursday, December 16, 2021 at 10:30am Japan Standard Time, in conjunction with KITZ SCT Corporation, Ichor’s distributor in Japan. Chemical delivery and distribution systems are used in semiconductor device manufacturing for processes such as wet etching, wet cleaning, wafer polishing and planarization (CMP), drying, and wet chemical deposition, for example Electrochemical Deposition (ECD). Semiconductor substrate processing generally requires that liquid chemicals be delivered in precise amounts, on demand, be free of bubbles, be of a uniform thickness on the usable part of the wafer, with minimal chemical waste due to cost and environmental concerns. To achieve those results, chemical delivery systems are constructed with various types of active components, for example flow controllers, pressure transducers, flow measurement sensors, pressure regulators, valves, etc., with the overall size of the liquid chemical distribution system affecting process equipment size, and thereby affecting wafer manufacturing costs. The advantages of modular fluid delivery architectures are well-proven, and include smaller footprints, standardization of components and component interfaces, and easier field replacement of the modular components. Ichor had a leading role and a long and successful history as the semiconductor industry converted from conventional to modular gas delivery systems, and company is applying those best practices to IMS modular architecture chemical delivery systems used in the major wet tool applications.
Ichor Holdings, Ltd. Presents at UBS Global TMT Virtual Conference, Dec-06-2021 02:00 PM
2021-11-09 20:11:00
Ichor Holdings, Ltd. Presents at UBS Global TMT Virtual Conference, Dec-06-2021 02:00 PM. Venue: New York, United States. Speakers: Claire McAdams, Investor Relations & Strategic Initiatives, Jeffrey S. Andreson, Executive Director & CEO, Larry J. Sparks, Chief Financial Officer.
Ichor Holdings, Ltd. Presents at Stifel 2021 Virtual Midwest One-on-One Growth Conference, Nov-11-2021
2021-11-04 20:05:00
Ichor Holdings, Ltd. Presents at Stifel 2021 Virtual Midwest One-on-One Growth Conference, Nov-11-2021 .
Ichor Holdings, Ltd. Presents at DA Davidson Semicap, Laser and Optical Conference, Dec-15-2021
2021-11-04 20:05:00
Ichor Holdings, Ltd. Presents at DA Davidson Semicap, Laser and Optical Conference, Dec-15-2021 .
Conference Direct LLC, 10th Annual December CEO Summit, Dec 08, 2021
2021-11-04 20:05:00
Conference Direct LLC, 10th Annual December CEO Summit, Dec 08, 2021. Venue: St. Regis Hotel, San Francisco, California, United States.
Ichor Holdings, Ltd. Presents at 10th Annual December CEO Summit, Dec-08-2021
2021-11-04 20:05:00
Ichor Holdings, Ltd. Presents at 10th Annual December CEO Summit, Dec-08-2021 . Venue: St. Regis Hotel, San Francisco, California, United States.
Ichor Holdings, Ltd. Provides Financial Guidance for the Fourth Quarter of 2021
2021-11-02 20:05:00
Ichor Holdings, Ltd. provided financial guidance for the fourth quarter of 2021. For the fourth quarter of 2021, the company expected revenue to be in the range of $275 million to $305 million. The company expected GAAP diluted EPS to be in the range of $0.64 to $0.82 and non-GAAP diluted EPS to be in the range of $0.82 to $0.98.
D.A. Davidson & Co., DA Davidson Semicap, Laser and Optical Conference, Dec 15, 2021
2021-10-30 14:04:00
D.A. Davidson & Co., DA Davidson Semicap, Laser and Optical Conference, Dec 15, 2021.
Ichor Holdings, Ltd., Q3 2021 Earnings Call, Nov 02, 2021
2021-10-22 13:00:00
Ichor Holdings, Ltd., Q3 2021 Earnings Call, Nov 02, 2021
Ichor Holdings, Ltd. to Report Q3, 2021 Final Results on Nov 02, 2021
2021-10-22 13:00:00
Ichor Holdings, Ltd. announced that they will report Q3, 2021 final results at 1:00 PM, Pacific Standard Time on Nov 02, 2021
Ichor Holdings, Ltd. Announces Unaudited Preliminary Earnings Results for the Third Quarter Ended September 24, 2021 and Provides Earnings Guidance for the Fourth Quarter of 2021
2021-10-22 13:00:00
Ichor Holdings, Ltd. announced unaudited preliminary earnings results for the third quarter ended September 24, 2021. For the third quarter of 2021, the company expects to report revenue of approximately $263 million, U.S. GAAP net income of $18.5 million, diluted earnings per share in the range of $0.63 to $0.65 on a GAAP basis. Given the company's current visibility and assessment of supply chain dynamics, the company expects fourth quarter 2021 revenues of approximately $290 million, plus or minus $15 million, with continued growth expected to extend into 2022.
UBS Investment Bank, UBS Global TMT Virtual Conference, Dec 06, 2021 through Dec 08, 2021
2021-08-25 17:29:00
UBS Investment Bank, UBS Global TMT Virtual Conference, Dec 06, 2021 through Dec 08, 2021. Venue: New York, United States.
Ichor Holdings, Ltd. Presents at Jefferies 2021 Virtual Semiconductor, IT Hardware and Communications Infrastructure Summit, Aug-31-2021
2021-08-12 13:00:00
Ichor Holdings, Ltd. Presents at Jefferies 2021 Virtual Semiconductor, IT Hardware and Communications Infrastructure Summit, Aug-31-2021 .
Ichor Holdings, Ltd. Presents at Needham Virtual 2nd Annual SemiCap and EDA Conference, Aug-24-2021
2021-08-12 13:00:00
Ichor Holdings, Ltd. Presents at Needham Virtual 2nd Annual SemiCap and EDA Conference, Aug-24-2021 .
Tranche Update on Ichor Holdings, Ltd. (NasdaqGS:ICHR)'s Equity Buyback Plan announced on February 15, 2018.
2021-08-04 08:01:00
From March 27, 2021 to June 25, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 4,437,439 shares, representing 17.85% for $91.58 million under the buyback announced on February 15, 2018.
Ichor Holdings, Ltd. Provides Earnings Guidance for the Third Quarter of 2021
2021-08-03 20:05:00
Ichor Holdings, Ltd. provided earnings guidance for the third quarter of 2021. For the period, The company expects revenue to be in the range of $290 million to $320 million. GAAP diluted EPS to be in the range of $0.75 to $0.92.
B. Riley Securities, Inc., B. Riley Securities Summer Summit, Aug 18, 2021 through Aug 19, 2021
2021-07-28 13:20:00
B. Riley Securities, Inc., B. Riley Securities Summer Summit, Aug 18, 2021 through Aug 19, 2021. Venue: Santa Monica Proper Hotel, Santa Monica, California, United States.
Ichor Holdings, Ltd. Presents at B. Riley Securities Summer Summit, Aug-18-2021
2021-07-28 13:20:00
Ichor Holdings, Ltd. Presents at B. Riley Securities Summer Summit, Aug-18-2021 . Venue: Santa Monica Proper Hotel, Santa Monica, California, United States.
Stifel, Nicolaus & Company, Incorporated, Stifel 2021 Virtual Midwest One-on-One Growth Conference, Nov 11, 2021
2021-07-23 20:41:00
Stifel, Nicolaus & Company, Incorporated, Stifel 2021 Virtual Midwest One-on-One Growth Conference, Nov 11, 2021.
Ichor Holdings, Ltd., Q2 2021 Earnings Call, Aug 03, 2021
2021-07-08 13:00:00
Ichor Holdings, Ltd., Q2 2021 Earnings Call, Aug 03, 2021
Ichor Holdings, Ltd. to Report Q2, 2021 Results on Aug 03, 2021
2021-07-08 13:00:00
Ichor Holdings, Ltd. announced that they will report Q2, 2021 results at 1:00 PM, Pacific Standard Time on Aug 03, 2021
Fundamental Summary
Ichor published concerning results on 2022-05-11. Their negative income, growth, and value factors indicate that the company is finding it increasingly difficult to produce impressive numbers. Typically, results like these translate into sustained negative momentum and strong downward pressure on stock price. Correspondingly, Ichor received a ranking of 59 and a UNDERPERFORM recommendation.
Ichor reported earnings results for the first quarter ended April 01, 2022. For the first quarter, the company reported sales was USD 293.15 million compared to USD 264.57 million a year ago. Net income was USD 8.04 million compared to USD 14.64 million a year ago. Basic earnings per share from continuing operations was USD 0.28 compared to USD 0.52 a year ago. Diluted earnings per share from continuing operations was USD 0.28 compared to USD 0.51 a year ago.
Business Description
Ichor engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment. 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. It also manufactures precision machined components, weldments, electron beam, laser-welded components, precision vacuum and hydrogen brazing, surface treatment technologies, and other proprietary products for use in fluid delivery systems. The company primarily markets its products directly and through resellers to equipment OEMs in the semiconductor equipment market in the United States, the United Kingdom, Singapore, Malaysia, Korea, Mexico, and internationally. Ichor was incorporated in 1999 and is headquartered in Fremont, California.
Sector Overview
Ichor is included in the Semiconductors & Semiconductor Equipment according to GICS (global industry classification standard). The Semiconductors & Semiconductor Equipment industry is part of the Information Technology sector. It includes manufacturers of semiconductors, semiconductor equipment, and related products. Ichor's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.
Fundamental Highlights
| Parameter | Value | Change | Score | |
|---|---|---|---|---|
| Return on Equity | 13.6 | -12.2% | 55 | |
| Net Cashflow | -208.4 | -17.5% | 51 | |
| Capital Expenditure | -18.4 | 9.8% | 87 | |
| Asset Turnover | 1.2 | 2.2% | 71 | |
| Free Cashflow | -2.3 | -1070.7% | 37 |
* All values are TTM
The below chart reflects Ichor's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Ichor's peer average final assessment score stands on 70.0, Ichor's score is 59.
- ICHR
- Peers average
Technical Analysis
When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Ichor's stock is now priced above its 5-day, but below its 50-day and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Ichor's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 47.
5D MA
27.06
50D MA
28.69
200D MA
38.12
MACD
-0.66
RSI
2.67
STOCH
46.02
Balance Sheet Analysis
Ichor's balance sheet factors had several troubling metrics this period. Ichor reported concerning cash and cash equivalents metrics in this filing. Specifically, they reported that cash and cash equivalents were 34.5, representing a -54.3% change from the last period. This performance is significantly less impressive than its peers and competitors. Its cash and cash equivalents movement, therefore, received a grade of 38. Also, Ichor's liabilities stood at 508.5 in the current filing, which represents a -2.2% change from the previous report. This performance is relatively weak in comparison to their peers and suggests that its's stock price will likely suffer until this is solved. Therefore, we rated their liabilities movement with a score of 59. At the same time, one balance sheet metric, Assets, was actually strongly positive. Ichor's management was effective in managing the value of the assets on their balance sheet, which now sits at 1020.4 and represents a -0.1% change from the previous report. These results, specifically in contrast to their industry peers' performance, should support an upswing in the company's stock price. The company's asset component, therefore, received a grade of 76. Therefore, the company's balance sheet earned a grade of 59.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Assets | 1,020.4 | -0.1% | 76 |
| Liabilities | 508.5 | -2.2% | 59 |
| Price to Book | 1.5 | -41.4% | 63 |
| Cash & Equivalents | 34.5 | -54.3% | 38 |
| Equity | 511.8 | 2.2% | 65 |
The below chart describes Ichor's performance as reflected on its balance sheet with respect to its peers. While Ichor received a balance sheet score of 59, the average of its peers stands on 72.0.
- ICHR
- Peers average
| Name | Market Cap | Liabilities Movement | Asset Change | Equity/Intangibles Adjustments | Cash & Equivalents | Book Value Momentum | Balance Sheet | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 422.4B | 78 | 70 | 65 | 97 | 54 | 71 | 0 | 1 |
| Intel Corporation | 157.9B | 65 | 69 | 76 | 90 | 81 | 77 | 1 | 1 |
| Texas Instruments Incorporated | 143.5B | 63 | 70 | 87 | 46 | 84 | 76 | 2 | 1 |
| QUALCOMM Incorporated | 142.4B | 57 | 71 | 96 | 80 | 81 | 82 | 3 | 1 |
| Advanced Micro Devices, Inc. | 139.6B | 94 | 61 | 78 | 96 | 81 | 88 | 4 | 1 |
| Broadcom Inc. | 102.5B | 67 | 79 | 59 | 56 | 54 | 62 | 5 | 1 |
| Applied Materials, Inc. | 84.9B | 71 | 72 | 64 | 41 | 55 | 60 | 6 | 1 |
| Analog Devices, Inc. | 78.3B | 62 | 80 | 66 | 65 | 66 | 69 | 7 | 1 |
| Micron Technology, Inc. | 65.6B | 73 | 69 | 85 | 76 | 74 | 81 | 8 | 1 |
| Lam Research Corporation | 62.4B | 73 | 77 | 59 | 51 | 45 | 59 | 9 | 1 |
| KLA Corporation | 50.5B | 75 | 62 | 73 | 53 | 66 | 66 | 10 | 1 |
| NXP Semiconductors N.V. | 41.7B | 72 | 68 | 56 | 62 | 76 | 64 | 11 | 1 |
| Marvell Technology, Inc. | 40.5B | 71 | 84 | 50 | 46 | 51 | 60 | 12 | 1 |
| Microchip Technology Incorporated | 33.6B | 65 | 84 | 76 | 72 | 65 | 78 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 24.5B | 81 | 66 | 73 | 82 | 74 | 78 | 14 | 1 |
| ON Semiconductor Corporation | 23.5B | 74 | 69 | 77 | 88 | 82 | 81 | 15 | 1 |
| Monolithic Power Systems, Inc. | 19.4B | 85 | 65 | 75 | 92 | 80 | 84 | 16 | 1 |
| SolarEdge Technologies, Inc. | 16.5B | 77 | 62 | 77 | 96 | 86 | 82 | 17 | 1 |
| Skyworks Solutions, Inc. | 15.8B | 69 | 77 | 64 | 46 | 52 | 62 | 18 | 1 |
| Teradyne, Inc. | 15.7B | 48 | 81 | 63 | 45 | 47 | 51 | 19 | 1 |
| Entegris, Inc. | 14.2B | 62 | 71 | 75 | 55 | 79 | 70 | 20 | 1 |
| Qorvo, Inc. | 10.6B | 64 | 83 | 64 | 67 | 55 | 67 | 21 | 1 |
| First Solar, Inc. | 7.5B | 77 | 70 | 50 | 58 | 57 | 58 | 22 | 1 |
| Lattice Semiconductor Corporation | 7.2B | 53 | 79 | 79 | 60 | 64 | 68 | 23 | 1 |
| MKS Instruments, Inc. | 6.0B | 59 | 74 | 72 | 76 | 72 | 70 | 24 | 1 |
| Universal Display Corporation | 5.4B | 57 | 76 | 83 | 85 | 70 | 75 | 25 | 1 |
| Silicon Laboratories Inc. | 5.3B | 89 | 81 | 60 | 45 | 47 | 71 | 26 | 1 |
| CMC Materials, Inc. | 5.2B | 65 | 79 | 73 | 87 | 82 | 80 | 27 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 68 | 72 | 69 | 61 | 57 | 65 | 28 | 1 |
| Synaptics Incorporated | 5.1B | 71 | 71 | 78 | 92 | 76 | 81 | 29 | 1 |
| Power Integrations, Inc. | 4.5B | 55 | 82 | 59 | 79 | 56 | 61 | 30 | 1 |
| Amkor Technology, Inc. | 4.3B | 70 | 68 | 75 | 74 | 77 | 74 | 31 | 1 |
| Cirrus Logic, Inc. | 4.1B | 73 | 76 | 81 | 96 | 74 | 86 | 32 | 1 |
| Allegro MicroSystems, Inc. | 4.1B | 68 | 69 | 74 | 80 | 76 | 74 | 33 | 1 |
| Semtech Corporation | 3.6B | 58 | 79 | 68 | 67 | 64 | 67 | 34 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.4B | 64 | 75 | 74 | 38 | 75 | 69 | 35 | 1 |
| SunPower Corporation | 3.2B | 72 | 81 | 42 | 83 | 53 | 61 | 36 | 1 |
| FormFactor, Inc. | 3.1B | 72 | 70 | 84 | 82 | 80 | 83 | 37 | 1 |
| Diodes Incorporated | 3.1B | 46 | 78 | 71 | 51 | 72 | 61 | 38 | 1 |
| Silicon Motion Technology Corporation | 2.9B | 40 | 85 | 60 | 40 | 47 | 54 | 39 | 1 |
| Nova Ltd. | 2.8B | 86 | 45 | 76 | 48 | 82 | 61 | 40 | 1 |
| MaxLinear, Inc. | 2.7B | 68 | 71 | 75 | 85 | 75 | 76 | 41 | 1 |
| Ambarella, Inc. | 2.7B | 45 | 75 | 74 | 86 | 65 | 63 | 42 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.7B | 45 | 83 | 61 | 76 | 56 | 57 | 43 | 1 |
| Rambus Inc. | 2.4B | 43 | 82 | 41 | 95 | 54 | 48 | 44 | 1 |
| Canadian Solar Inc. | 2.2B | 91 | 54 | 59 | 62 | 62 | 58 | 45 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 76 | 68 | 85 | 71 | 74 | 81 | 46 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 94 | 61 | 77 | 79 | 86 | 88 | 47 | 1 |
| Himax Technologies, Inc. | 1.6B | 78 | 55 | 91 | 85 | 95 | 77 | 48 | 1 |
| Impinj, Inc. | 1.4B | 62 | 68 | 78 | 39 | 92 | 72 | 49 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 55 | 78 | 68 | 48 | 68 | 63 | 50 | 1 |
| Cohu, Inc. | 1.4B | 52 | 82 | 57 | 59 | 59 | 57 | 51 | 1 |
| Photronics, Inc. | 1.3B | 53 | 85 | 66 | 76 | 66 | 68 | 52 | 1 |
| SMART Global Holdings, Inc. | 1.1B | 90 | 63 | 75 | 95 | 82 | 86 | 53 | 1 |
| Veeco Instruments Inc. | 1.0B | 84 | 72 | 41 | 78 | 47 | 58 | 54 | 1 |
| Alpha and Omega Semiconductor Limited | 957.1M | 89 | 64 | 67 | 87 | 67 | 77 | 55 | 1 |
| PDF Solutions, Inc. | 813.0M | 54 | 81 | 64 | 90 | 51 | 62 | 56 | 1 |
| CEVA, Inc. | 804.5M | 82 | 74 | 60 | 87 | 60 | 73 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 603.6M | 87 | 68 | 40 | 78 | 38 | 53 | 58 | 1 |
| Enphase Energy, Inc. | 27.8B | 89 | 61 | 39 | 97 | 55 | 58 | 59 | 1 |
| Wolfspeed, Inc. | 8.7B | 96 | 63 | 58 | 97 | 56 | 73 | 60 | 1 |
| Daqo New Energy Corp. | 5.4B | 92 | 62 | 81 | 95 | 93 | 93 | 61 | 1 |
| SiTime Corporation | 3.8B | 57 | 67 | 65 | 73 | 64 | 58 | 62 | 1 |
| Onto Innovation Inc. | 3.7B | 84 | 71 | 67 | 72 | 73 | 77 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.3B | 87 | 62 | 77 | 94 | 94 | 89 | 64 | 1 |
| Camtek Ltd. | 1.1B | 63 | 61 | 82 | 37 | 90 | 66 | 65 | 1 |
| ACM Research, Inc. | 950.7M | 87 | 57 | 51 | 43 | 50 | 52 | 66 | 1 |
| NeoPhotonics Corporation | 837.4M | 89 | 66 | 49 | 72 | 64 | 66 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 60 | 93 | 47 | 85 | 74 | 72 | 68 | 1 |
| indie Semiconductor, Inc. | 752.7M | 49 | 54 | 72 | 56 | 56 | 44 | 69 | 1 |
| Magnachip Semiconductor Corporation | 681.9M | 56 | 78 | 79 | 72 | 72 | 74 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 77 | 53 | 73 | 92 | 79 | 72 | 71 | 1 |
| Navitas Semiconductor Corporation | 575.2M | 37 | 80 | 80 | 62 | 80 | 67 | 72 | 1 |
| Rigetti Computing, Inc. | 426.1M | 94 | 62 | 85 | 99 | 98 | 98 | 73 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 60 | 71 | 61 | 60 | 69 | 56 | 74 | 1 |
| Meta Materials Inc. | 414.9M | 51 | 78 | 42 | 41 | 51 | 41 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 66 | 77 | 79 | 85 | 52 | 65 | 76 | 1 |
| Valens Semiconductor Ltd. | 350.3M | 92 | 70 | 66 | 45 | 73 | 75 | 77 | 1 |
| Rockley Photonics Holdings Limited | 338.0M | 48 | 82 | 40 | 37 | 52 | 41 | 78 | 1 |
| CyberOptics Corporation | 278.5M | 71 | 66 | 72 | 64 | 86 | 74 | 79 | 1 |
| Transphorm, Inc. | 260.9M | 41 | 87 | 39 | 47 | 55 | 45 | 80 | 1 |
Income Statement Analysis
Ichor's income statement showed strong financials, specifically Revenue Efficiency and EBITDA. Ichor did an excellent job managing its revenue efficiency this past period. Ichor's revenue efficiency is 1125.5 according to the metrics in the current filing, which represents a 2.6% change from the previous report. This characteristic can affect companies in the same industry and market capitalization by up to 18.5%. Their impressive revenue efficiency is even more impressive relative to its peers and competitors in the current market. As a result, its revenue efficiency earned a score of 72. Also, Ichor's management was effective in improving its EBIDTA, which now sits at 121.1 and represents a -0.3% change from the last reporting period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 13.2%. The company is headed in the right direction regarding EBITDA, exhibiting efficient capital controls and strong overall financial performance. The company's EBITDA movement, therefore, received a grade of 60. That said, one metric, Return Factors, stood out as strongly negative. In this filing, Ichor reported a return on equity (ROE) ratio of 13.6, which represents a growth of -12.2%. This metric might have a 3.1 percent impact on companies in the same industry and with the same market capitalization. They does not yet appear to be headed in the right direction regarding these return on equity and return on assets metrics. Therefore, their return factors component earned a score of 55. Because its management is doing an excellent job managing these critical metrics, the income statement was given a score of 67.
| Parameter | Value | Change | Score |
|---|---|---|---|
| EBITDA | 121.1 | -0.3% | 60 |
| Total Revenues | 1,125.5 | 2.6% | 72 |
| Return on Equity | 13.6 | -12.2% | 55 |
The below chart describes Ichor's performance as reflected on its income statement with respect to its peers. While Ichor received a income statement score of 67 , the average of its peers stands on 67.0.
- ICHR
- Peers average
| Name | Market Cap | Revenue Momentum | Earning Movement | Return Factors Momentum | Income Statement | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 422.4B | 46 | 83 | 68 | 63 | 0 | 1 |
| Intel Corporation | 157.9B | 90 | 55 | 73 | 76 | 1 | 1 |
| Texas Instruments Incorporated | 143.5B | 69 | 78 | 71 | 74 | 2 | 1 |
| QUALCOMM Incorporated | 142.4B | 48 | 87 | 79 | 66 | 3 | 1 |
| Advanced Micro Devices, Inc. | 139.6B | 40 | 89 | 38 | 59 | 4 | 1 |
| Broadcom Inc. | 102.5B | 59 | 80 | 90 | 71 | 5 | 1 |
| Applied Materials, Inc. | 84.9B | 72 | 68 | 73 | 72 | 6 | 1 |
| Analog Devices, Inc. | 78.3B | 40 | 91 | 93 | 65 | 7 | 1 |
| Micron Technology, Inc. | 65.6B | 59 | 88 | 90 | 74 | 8 | 1 |
| Lam Research Corporation | 62.4B | 80 | 63 | 75 | 74 | 9 | 1 |
| KLA Corporation | 50.5B | 56 | 77 | 77 | 67 | 10 | 1 |
| NXP Semiconductors N.V. | 41.7B | 59 | 79 | 90 | 71 | 11 | 1 |
| Marvell Technology, Inc. | 40.5B | 41 | 89 | 88 | 64 | 12 | 1 |
| Microchip Technology Incorporated | 33.6B | 57 | 83 | 92 | 71 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 24.5B | 50 | 93 | 85 | 70 | 14 | 1 |
| ON Semiconductor Corporation | 23.5B | 53 | 92 | 94 | 73 | 15 | 1 |
| Monolithic Power Systems, Inc. | 19.4B | 45 | 90 | 83 | 66 | 16 | 1 |
| SolarEdge Technologies, Inc. | 16.5B | 41 | 70 | 48 | 53 | 17 | 1 |
| Skyworks Solutions, Inc. | 15.8B | 69 | 70 | 63 | 70 | 18 | 1 |
| Teradyne, Inc. | 15.7B | 88 | 57 | 62 | 75 | 19 | 1 |
| Entegris, Inc. | 14.2B | 56 | 80 | 80 | 69 | 20 | 1 |
| Qorvo, Inc. | 10.6B | 76 | 65 | 63 | 71 | 21 | 1 |
| First Solar, Inc. | 7.5B | 98 | 43 | 40 | 73 | 22 | 1 |
| Lattice Semiconductor Corporation | 7.2B | 54 | 88 | 89 | 71 | 23 | 1 |
| MKS Instruments, Inc. | 6.0B | 78 | 66 | 65 | 74 | 24 | 1 |
| Universal Display Corporation | 5.4B | 71 | 63 | 61 | 68 | 25 | 1 |
| Silicon Laboratories Inc. | 5.3B | 44 | 96 | 98 | 70 | 26 | 1 |
| CMC Materials, Inc. | 5.2B | 72 | 76 | 93 | 76 | 27 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 63 | 87 | 82 | 79 | 28 | 1 |
| Synaptics Incorporated | 5.1B | 45 | 91 | 90 | 68 | 29 | 1 |
| Power Integrations, Inc. | 4.5B | 80 | 76 | 83 | 80 | 30 | 1 |
| Amkor Technology, Inc. | 4.3B | 63 | 76 | 77 | 70 | 31 | 1 |
| Cirrus Logic, Inc. | 4.1B | 42 | 92 | 93 | 67 | 32 | 1 |
| Allegro MicroSystems, Inc. | 4.1B | 68 | 48 | 67 | 61 | 33 | 1 |
| Semtech Corporation | 3.6B | 64 | 84 | 87 | 75 | 34 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.4B | 74 | 77 | 73 | 76 | 35 | 1 |
| SunPower Corporation | 3.2B | 49 | 43 | 72 | 49 | 36 | 1 |
| FormFactor, Inc. | 3.1B | 79 | 76 | 83 | 80 | 37 | 1 |
| Diodes Incorporated | 3.1B | 66 | 84 | 86 | 76 | 38 | 1 |
| Silicon Motion Technology Corporation | 2.9B | 54 | 83 | 78 | 72 | 39 | 1 |
| Nova Ltd. | 2.8B | 41 | 89 | 78 | 70 | 40 | 1 |
| MaxLinear, Inc. | 2.7B | 56 | 92 | 96 | 75 | 41 | 1 |
| Ambarella, Inc. | 2.7B | 56 | 89 | 79 | 71 | 42 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.7B | 73 | 82 | 85 | 79 | 43 | 1 |
| Rambus Inc. | 2.4B | 48 | 85 | 62 | 64 | 44 | 1 |
| Canadian Solar Inc. | 2.2B | 73 | 76 | 53 | 72 | 45 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 44 | 91 | 91 | 67 | 46 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 38 | 88 | 63 | 60 | 47 | 1 |
| Himax Technologies, Inc. | 1.6B | 53 | 84 | 66 | 70 | 48 | 1 |
| Impinj, Inc. | 1.4B | 64 | 53 | 52 | 59 | 49 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 53 | 73 | 71 | 63 | 50 | 1 |
| Cohu, Inc. | 1.4B | 92 | 53 | 49 | 75 | 51 | 1 |
| Photronics, Inc. | 1.3B | 55 | 86 | 92 | 71 | 52 | 1 |
| SMART Global Holdings, Inc. | 1.1B | 48 | 86 | 68 | 65 | 53 | 1 |
| Veeco Instruments Inc. | 1.0B | 66 | 84 | 91 | 76 | 54 | 1 |
| Alpha and Omega Semiconductor Limited | 957.1M | 62 | 75 | 76 | 69 | 55 | 1 |
| PDF Solutions, Inc. | 813.0M | 49 | 95 | 89 | 71 | 56 | 1 |
| CEVA, Inc. | 804.5M | 51 | 90 | 97 | 71 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 603.6M | 50 | 49 | 60 | 49 | 58 | 1 |
| Enphase Energy, Inc. | 27.8B | 45 | 74 | 55 | 57 | 59 | 1 |
| Wolfspeed, Inc. | 8.7B | 49 | 90 | 86 | 69 | 60 | 1 |
| Daqo New Energy Corp. | 5.4B | 37 | 96 | 94 | 65 | 61 | 1 |
| SiTime Corporation | 3.8B | 39 | 93 | 78 | 64 | 62 | 1 |
| Onto Innovation Inc. | 3.7B | 47 | 87 | 89 | 67 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.3B | 38 | 89 | 81 | 62 | 64 | 1 |
| Camtek Ltd. | 1.1B | 50 | 81 | 71 | 68 | 65 | 1 |
| ACM Research, Inc. | 950.7M | 88 | 42 | 42 | 67 | 66 | 1 |
| NeoPhotonics Corporation | 837.4M | 45 | 95 | 90 | 69 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 90 | 59 | 63 | 70 | 68 | 1 |
| indie Semiconductor, Inc. | 752.7M | 37 | 47 | 69 | 43 | 69 | 1 |
| Magnachip Semiconductor Corporation | 681.9M | 94 | 80 | 88 | 90 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 68 | 68 | 58 | 67 | 71 | 1 |
| Navitas Semiconductor Corporation | 575.2M | 56 | 45 | 72 | 53 | 72 | 1 |
| Rigetti Computing, Inc. | 426.1M | 92 | 44 | 69 | 73 | 73 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 87 | 49 | 76 | 66 | 74 | 1 |
| Meta Materials Inc. | 414.9M | 37 | 45 | 70 | 43 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 89 | 47 | 51 | 74 | 76 | 1 |
| Valens Semiconductor Ltd. | 350.3M | 41 | 86 | 65 | 65 | 77 | 1 |
| Rockley Photonics Holdings Limited | 338.0M | 97 | 50 | 83 | 79 | 78 | 1 |
| CyberOptics Corporation | 278.5M | 54 | 87 | 87 | 71 | 79 | 1 |
| Transphorm, Inc. | 260.9M | 37 | 81 | 97 | 68 | 80 | 1 |
Cash Flow Analysis
Ichor's recently published cash flow conveys disappointing growth, particularly with respect to Free Cash flow and Net Cash Flow metrics. Ichor's published free cash flow numbers were subpar and could mean that management has lost focus on achieving healthy growth. Ichor recorded free cash flow of -2.3, which represents -1070.7% growth from the previous report. Companies in the same sector and market capitalization will usually be affected by up to 7.4 percent by this parameter. These free cash flow numbers show that management has not been executing well in generating critical cash flow while also encouraging growth. Consequently, their free cash flow movement received a grade of 37. Also, Ichor's management was not successful in meaningfully improving their cash flow metrics. As of the current filing, they were reported as -208.4 and represented a -17.5% change from the previous period. Ichor's net cash flow metrics are especially disappointing relative to their peers. Consequently, their net cash flow movement received a grade of 51. At the same time, one {cash_flow} metric, Capex, was actually strongly positive. Ichor's management did a great job this period managing its capital expenditure (CapEx). In terms of the raw numbers, CapEx was reported as -18.4, which represents a 9.8% change from the last period. The company appears to be headed in the right direction regarding resource allocation, exhibiting prudent capital expenditure growth compared to its peers. The company's CapEx movement, therefore, received a grade of 87. Consequently, their cash flow earned a rank of 59.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Net Cashflow | -208.4 | -17.5% | 51 |
| Capital Expenditure | -18.4 | 9.8% | 87 |
| Asset Turnover | 1.2 | 2.2% | 71 |
| Free Cashflow | -2.3 | -1070.7% | 37 |
The below chart describes Ichor's performance as reflected on its cash flow with respect to its peers. While Ichor received a cash flow score of 59, the average of its peers stands on 65.0.
- ICHR
- Peers average
| Name | Market Cap | Cashflow Momentum | Free Cashflow Growth | Capital Expenditure Growth | Assets Factors Momentum | Cash Flow | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 422.4B | 93 | 65 | 61 | 86 | 82 | 0 | 1 |
| Intel Corporation | 157.9B | 57 | 72 | 68 | 53 | 58 | 1 | 1 |
| Texas Instruments Incorporated | 143.5B | 74 | 74 | 63 | 69 | 70 | 2 | 1 |
| QUALCOMM Incorporated | 142.4B | 65 | 65 | 70 | 87 | 77 | 3 | 1 |
| Advanced Micro Devices, Inc. | 139.6B | 93 | 66 | 69 | 37 | 57 | 4 | 1 |
| Broadcom Inc. | 102.5B | 74 | 76 | 87 | 89 | 85 | 5 | 1 |
| Applied Materials, Inc. | 84.9B | 75 | 59 | 69 | 72 | 69 | 6 | 1 |
| Analog Devices, Inc. | 78.3B | 78 | 76 | 51 | 94 | 84 | 7 | 1 |
| Micron Technology, Inc. | 65.6B | 81 | 85 | 81 | 74 | 80 | 8 | 1 |
| Lam Research Corporation | 62.4B | 72 | 60 | 56 | 75 | 68 | 9 | 1 |
| KLA Corporation | 50.5B | 70 | 76 | 52 | 79 | 74 | 10 | 1 |
| NXP Semiconductors N.V. | 41.7B | 59 | 72 | 51 | 85 | 73 | 11 | 1 |
| Marvell Technology, Inc. | 40.5B | 94 | 84 | 58 | 46 | 65 | 12 | 1 |
| Microchip Technology Incorporated | 33.6B | 80 | 79 | 48 | 84 | 79 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 24.5B | 54 | 86 | 45 | 64 | 64 | 14 | 1 |
| ON Semiconductor Corporation | 23.5B | 60 | 79 | 55 | 74 | 70 | 15 | 1 |
| Monolithic Power Systems, Inc. | 19.4B | 84 | 78 | 59 | 75 | 77 | 16 | 1 |
| SolarEdge Technologies, Inc. | 16.5B | 46 | 38 | 55 | 52 | 43 | 17 | 1 |
| Skyworks Solutions, Inc. | 15.8B | 78 | 57 | 79 | 73 | 71 | 18 | 1 |
| Teradyne, Inc. | 15.7B | 75 | 65 | 66 | 68 | 68 | 19 | 1 |
| Entegris, Inc. | 14.2B | 60 | 57 | 50 | 77 | 65 | 20 | 1 |
| Qorvo, Inc. | 10.6B | 78 | 65 | 87 | 71 | 73 | 21 | 1 |
| First Solar, Inc. | 7.5B | 46 | 84 | 56 | 46 | 53 | 22 | 1 |
| Lattice Semiconductor Corporation | 7.2B | 79 | 77 | 43 | 82 | 77 | 23 | 1 |
| MKS Instruments, Inc. | 6.0B | 58 | 58 | 92 | 56 | 59 | 24 | 1 |
| Universal Display Corporation | 5.4B | 74 | 81 | 68 | 65 | 71 | 25 | 1 |
| Silicon Laboratories Inc. | 5.3B | 70 | 89 | 81 | 88 | 86 | 26 | 1 |
| CMC Materials, Inc. | 5.2B | 72 | 66 | 68 | 80 | 75 | 27 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 76 | 57 | 55 | 58 | 68 | 28 | 1 |
| Synaptics Incorporated | 5.1B | 85 | 62 | 98 | 55 | 67 | 29 | 1 |
| Power Integrations, Inc. | 4.5B | 88 | 77 | 64 | 82 | 82 | 30 | 1 |
| Amkor Technology, Inc. | 4.3B | 46 | 57 | 61 | 71 | 60 | 31 | 1 |
| Cirrus Logic, Inc. | 4.1B | 83 | 98 | 61 | 90 | 91 | 32 | 1 |
| Allegro MicroSystems, Inc. | 4.1B | 56 | 56 | 77 | 56 | 56 | 33 | 1 |
| Semtech Corporation | 3.6B | 79 | 78 | 58 | 79 | 78 | 34 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.4B | 46 | 78 | 54 | 78 | 69 | 35 | 1 |
| SunPower Corporation | 3.2B | 84 | 41 | 39 | 93 | 74 | 36 | 1 |
| FormFactor, Inc. | 3.1B | 78 | 81 | 66 | 58 | 68 | 37 | 1 |
| Diodes Incorporated | 3.1B | 77 | 61 | 52 | 80 | 72 | 38 | 1 |
| Silicon Motion Technology Corporation | 2.9B | 63 | 53 | 46 | 85 | 61 | 39 | 1 |
| Nova Ltd. | 2.8B | 58 | 53 | 39 | 56 | 54 | 40 | 1 |
| MaxLinear, Inc. | 2.7B | 90 | 92 | 80 | 81 | 88 | 41 | 1 |
| Ambarella, Inc. | 2.7B | 84 | 95 | 45 | 75 | 80 | 42 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.7B | 93 | 81 | 83 | 74 | 83 | 43 | 1 |
| Rambus Inc. | 2.4B | 96 | 73 | 89 | 89 | 90 | 44 | 1 |
| Canadian Solar Inc. | 2.2B | 69 | 70 | 74 | 68 | 71 | 45 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 81 | 77 | 68 | 85 | 82 | 46 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 60 | 85 | 37 | 43 | 53 | 47 | 1 |
| Himax Technologies, Inc. | 1.6B | 66 | 77 | 48 | 79 | 67 | 48 | 1 |
| Impinj, Inc. | 1.4B | 70 | 38 | 85 | 73 | 65 | 49 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 68 | 41 | 41 | 76 | 62 | 50 | 1 |
| Cohu, Inc. | 1.4B | 92 | 62 | 71 | 44 | 59 | 51 | 1 |
| Photronics, Inc. | 1.3B | 65 | 92 | 96 | 79 | 83 | 52 | 1 |
| SMART Global Holdings, Inc. | 1.1B | 47 | 85 | 95 | 54 | 62 | 53 | 1 |
| Veeco Instruments Inc. | 1.0B | 73 | 82 | 48 | 69 | 71 | 54 | 1 |
| Alpha and Omega Semiconductor Limited | 957.1M | 49 | 64 | 45 | 59 | 54 | 55 | 1 |
| PDF Solutions, Inc. | 813.0M | 81 | 98 | 45 | 92 | 89 | 56 | 1 |
| CEVA, Inc. | 804.5M | 57 | 54 | 84 | 83 | 71 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 603.6M | 87 | 90 | 59 | 88 | 84 | 58 | 1 |
| Enphase Energy, Inc. | 27.8B | 89 | 77 | 64 | 40 | 60 | 59 | 1 |
| Wolfspeed, Inc. | 8.7B | 57 | 74 | 76 | 46 | 55 | 60 | 1 |
| Daqo New Energy Corp. | 5.4B | 78 | 86 | 63 | 96 | 89 | 61 | 1 |
| SiTime Corporation | 3.8B | 83 | 87 | 56 | 44 | 62 | 62 | 1 |
| Onto Innovation Inc. | 3.7B | 95 | 65 | 88 | 85 | 85 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.3B | 67 | 69 | 73 | 78 | 74 | 64 | 1 |
| Camtek Ltd. | 1.1B | 69 | 70 | 74 | 72 | 71 | 65 | 1 |
| ACM Research, Inc. | 950.7M | 62 | 43 | 50 | 54 | 50 | 66 | 1 |
| NeoPhotonics Corporation | 837.4M | 50 | 63 | 67 | 87 | 72 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 64 | 63 | 74 | 73 | 68 | 68 | 1 |
| indie Semiconductor, Inc. | 752.7M | 69 | 80 | 52 | 98 | 85 | 69 | 1 |
| Magnachip Semiconductor Corporation | 681.9M | 65 | 56 | 76 | 54 | 57 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 65 | 69 | 68 | 82 | 75 | 71 | 1 |
| Navitas Semiconductor Corporation | 575.2M | 70 | 87 | 94 | 93 | 90 | 72 | 1 |
| Rigetti Computing, Inc. | 426.1M | 48 | 76 | 51 | 60 | 58 | 73 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 66 | 64 | 68 | 94 | 73 | 74 | 1 |
| Meta Materials Inc. | 414.9M | 85 | 56 | 68 | 97 | 84 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 75 | 62 | 63 | 56 | 61 | 76 | 1 |
| Valens Semiconductor Ltd. | 350.3M | 53 | 89 | 90 | 46 | 66 | 77 | 1 |
| Rockley Photonics Holdings Limited | 338.0M | 80 | 72 | 66 | 46 | 59 | 78 | 1 |
| CyberOptics Corporation | 278.5M | 49 | 74 | 89 | 78 | 72 | 79 | 1 |
| Transphorm, Inc. | 260.9M | 81 | 87 | 96 | 94 | 88 | 80 | 1 |
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