ICHR - Ichor Holdings, Ltd.
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$54.60
DETAILS
HIGH:
$76.00
LOW:
$36.00
MEDIAN:
$53.00
CONSENSUS:
$54.60
DOWNSIDE:
20.82%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Revenue | 947.7 | 849.0 | 811.1 | 1,280.1 | 1,096.9 | 914.2 | 620.8 | 823.6 | 655.9 | 405.7 | 290.6 | 249.1 | 277.6 |
| Cost of Revenue | 859.9 | 745.7 | 707.7 | 1,068.2 | 919.4 | 789.3 | 534.5 | 687.5 | 553.5 | 340.4 | 242.1 | 212.7 | 239.6 |
| Gross Profit | 87.8 | 103.3 | 103.4 | 211.9 | 177.5 | 124.9 | 86.4 | 136.1 | 102.4 | 65.4 | 48.6 | 36.3 | 38.0 |
| Operating Expenses | |||||||||||||
| R&D Expenses | 23.1 | 23.0 | 20.2 | 19.6 | 15.7 | 13.4 | 11.1 | 9.4 | 7.9 | 6.4 | 4.8 | 3.9 | 4.2 |
| SG&A Expenses | 95.7 | 79.4 | 79.3 | 88.6 | 65.9 | 56.6 | 47.3 | 47.4 | 37.8 | 28.1 | 24.7 | 22.5 | 22.4 |
| Other Expenses | 8.3 | 8.6 | 14.7 | 17.9 | 14.9 | 13.4 | 13.0 | 0.2 | 0.1 | 0.6 | 0.0 | (0.3) | 0 |
| Operating Expenses | 127.0 | 111.0 | 114.3 | 126.0 | 96.5 | 83.3 | 71.4 | 72.2 | 54.2 | 41.5 | 36.0 | 32.8 | 34.4 |
| Operating Income | |||||||||||||
| Operating Income | (39.3) | (7.6) | (10.9) | 85.8 | 81.0 | 41.6 | 15.0 | 64.0 | 48.2 | 23.9 | 12.6 | 3.5 | 4.5 |
| Interest Expense | 6.6 | 9.3 | 19.4 | 11.1 | 6.5 | 8.7 | 10.6 | 10.0 | 3.3 | 4.4 | 3.8 | 3.1 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.4 |
| Profitability | |||||||||||||
| EBITDA | (7.4) | 22.0 | 22.9 | 121.5 | 106.2 | 65.3 | 36.8 | 87.3 | 58.8 | 34.0 | 22.6 | 13.1 | 12.8 |
| EBIT | (40.9) | (8.8) | (11.7) | 86.4 | 80.2 | 41.0 | 14.9 | 64.2 | 46.3 | 24.5 | 12.2 | 3.3 | 3.6 |
| Income Before Tax | (47.6) | (18.1) | (31.1) | 75.3 | 73.8 | 32.3 | 4.3 | 54.2 | 45.0 | 20.1 | 8.8 | 0.2 | 0.2 |
| Income Tax Expense | 5.2 | 2.8 | 11.9 | 2.5 | 2.9 | (1.0) | (6.5) | (3.7) | (7.1) | (0.6) | (4.0) | (5.6) | (2.5) |
| Net Income | (52.8) | (20.8) | (43.0) | 72.8 | 70.9 | 33.3 | 10.7 | 57.9 | 51.4 | 16.7 | 12.8 | 6.2 | 2.8 |
| Per Share Data | |||||||||||||
| EPS (Basic) | -1.54 | -0.64 | -1.47 | 2.54 | 2.51 | 1.44 | 0.48 | 2.34 | 2.05 | -3.11 | -0.74 | 0.00 | 0.12 |
| EPS (Diluted) | -1.54 | -0.64 | -1.47 | 2.51 | 2.45 | 1.42 | 0.47 | 2.30 | 1.96 | -3.11 | -0.74 | 0.00 | 0.12 |
| Shares Outstanding | 34.2 | 32.8 | 29.2 | 28.7 | 28.3 | 23.2 | 22.4 | 24.7 | 25.1 | 1.2 | 22.4 | 22.4 | 22.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 98.3 | 108.7 | 80.0 | 86.5 | 75.5 | 252.9 | 60.6 | 43.8 | 68.6 | 50.9 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 70.5 | 86.6 | 66.7 | 136.3 | 143.0 | 101.0 | 84.8 | 40.3 | 49.2 | 26.4 |
| Inventory | 231.8 | 250.1 | 245.9 | 283.7 | 236.1 | 134.8 | 127.0 | 121.1 | 150.8 | 70.9 |
| Other Current Assets | 9.5 | 7.2 | 8.8 | 7.0 | 0 | 0 | 0 | 6.3 | 0.5 | 1.9 |
| Total Current Assets | 410.1 | 452.6 | 401.4 | 513.5 | 462.8 | 495.7 | 276.9 | 211.6 | 275.7 | 157.1 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 139.0 | 139.3 | 129.4 | 138.6 | 115.0 | 51.9 | 58.7 | 41.7 | 33.1 | 12.0 |
| Goodwill | 335.4 | 335.4 | 335.4 | 335.4 | 335.9 | 174.9 | 173.0 | 173.0 | 94.8 | 77.1 |
| Intangible Assets | 40.4 | 48.7 | 57.3 | 72.0 | 89.9 | 39.8 | 52.0 | 56.9 | 35.7 | 32.1 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 13.6 | 15.2 | 11.9 | 12.9 | 9.2 | 5.5 | 1.1 | 0.9 | 101.0 | 3.6 |
| Total Non-Current Assets | 532.8 | 542.9 | 537.1 | 570.3 | 558.1 | 278.5 | 289.6 | 273.9 | 265.7 | 125.4 |
| Total Assets | 942.9 | 995.6 | 938.5 | 1,083.7 | 1,020.9 | 774.2 | 566.6 | 485.5 | 541.4 | 282.5 |
| Current Liabilities | ||||||||||
| Account Payables | 84.0 | 91.7 | 60.5 | 110.2 | 159.7 | 116.7 | 131.6 | 64.3 | 121.4 | 88.5 |
| Short-Term Debt | 17.5 | 7.5 | 7.5 | 7.5 | 7.5 | 8.8 | 8.8 | 8.8 | 6.5 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.6 | 12.1 | 0 |
| Other Current Liabilities | 28.1 | 9.0 | 6.6 | 15.8 | 14.4 | 10.7 | 5.2 | 5.1 | 7.1 | 6.0 |
| Total Current Liabilities | 129.6 | 135.7 | 99.0 | 166.3 | 208.3 | 162.0 | 163.9 | 87.8 | 145.8 | 101.1 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 142.7 | 121.0 | 241.2 | 293.2 | 285.3 | 191.5 | 169.3 | 192.1 | 180.2 | 37.9 |
| Deferred Tax Liabilities | 5.8 | 1.6 | 1.2 | 0.0 | 0.0 | 0.1 | 0.2 | 4.0 | 0.8 | 0.6 |
| Other Non-Current Liabilities | (24.5) | 4.8 | 4.3 | 4.9 | 4.2 | 3.5 | 2.7 | 3.3 | 2.9 | 1.2 |
| Total Non-Current Liabilities | 149.4 | 161.6 | 274.8 | 330.0 | 311.9 | 200.4 | 181.3 | 199.4 | 184.0 | 39.8 |
| Total Liabilities | 279.0 | 297.2 | 373.8 | 496.2 | 520.2 | 362.5 | 345.1 | 287.2 | 329.7 | 140.8 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 131.1 | 183.9 | 204.7 | 247.7 | 174.9 | 104.0 | 70.7 | 59.9 | (3.0) | (54.4) |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (19.0) | (12.7) | (9.6) |
| Total Stockholders' Equity | 663.9 | 698.3 | 564.7 | 587.5 | 500.7 | 411.7 | 221.4 | 198.3 | 211.7 | 141.7 |
| Total Liabilities & Equity | 942.9 | 995.6 | 938.5 | 1,083.7 | 1,020.9 | 774.2 | 566.6 | 485.5 | 541.4 | 282.5 |
| Debt Metrics | ||||||||||
| Total Debt | 185.6 | 174.2 | 286.3 | 341.7 | 322.7 | 210.7 | 192.6 | 200.9 | 186.7 | 37.9 |
| Net Debt | 87.3 | 65.5 | 206.4 | 255.3 | 247.2 | (42.2) | 132.0 | 157.0 | 118.1 | (12.9) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (52.8) | (20.8) | (43.0) | 72.8 | 70.9 | 33.3 | 10.7 | 57.9 | 51.4 | 16.7 |
| Depreciation & Amortization | 33.5 | 30.7 | 34.6 | 35.1 | 26.0 | 25.2 | 22.8 | 23.1 | 12.2 | 9.5 |
| Stock-Based Compensation | 16.7 | 15.6 | 17.3 | 13.9 | 11.5 | 9.9 | 8.5 | 7.6 | 2.2 | 3.2 |
| Change in Working Capital | 9.0 | 2.7 | 38.9 | (87.6) | (92.8) | (17.5) | (45.8) | (22.3) | (19.8) | 0.3 |
| Other Non-Cash Items | 23.0 | 0.5 | 0.5 | 0.5 | 1.6 | (12.6) | 60.8 | 1.0 | 0.4 | 0.5 |
| Operating Cash Flow | 29.9 | 27.9 | 57.6 | 31.5 | 15.3 | 38.3 | 57.1 | 60.5 | 38.7 | 27.7 |
| Investing Activities | ||||||||||
| Capital Expenditure | (36.2) | (17.6) | (15.5) | (29.4) | (20.8) | (10.3) | (12.3) | (13.9) | (8.2) | (4.3) |
| Acquisitions | 0 | 0 | 0 | 0.5 | (268.8) | (5.0) | 0 | (1.4) | (181.0) | (17.4) |
| Purchases of Investments | 0 | 0 | 0 | 0 | (115.2) | 0 | 0 | 0 | 8.2 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 114.7 | 0 | 0 | 0 | 2.4 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0.5 | 0.7 | (8.1) | 0 | (8.2) | 0.5 |
| Investing Cash Flow | (36.2) | (17.6) | (15.5) | (28.9) | (289.6) | (14.6) | (20.5) | (15.4) | (186.8) | (21.2) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (5.6) | (120.6) | (52.5) | 7.5 | 92.7 | 21.2 | (23.8) | 15.3 | 149.7 | (25.2) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | (1.8) | (1.9) | (90.0) | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (4.1) | 2.4 | 3.8 | 1.0 | 4.2 | 149.2 | 5.8 | 4.1 | 7.6 | 0 |
| Financing Cash Flow | (4.1) | 18.5 | (48.7) | 8.5 | 96.9 | 168.6 | (19.9) | (70.6) | 164.6 | 21.9 |
| Cash Position | ||||||||||
| Net Change in Cash | (10.4) | 28.7 | (6.5) | 11.0 | (177.4) | 192.3 | 16.8 | (25.5) | 16.5 | 28.5 |
| Cash at Beginning | 108.7 | 80.0 | 86.5 | 75.5 | 252.9 | 60.6 | 43.8 | 69.3 | 52.6 | 24.2 |
| Cash at End | 98.3 | 108.7 | 80.0 | 86.5 | 75.5 | 252.9 | 60.6 | 43.8 | 69.2 | 52.6 |
| Free Cash Flow | (6.3) | 10.2 | 42.1 | 2.0 | (5.6) | 28.0 | 44.8 | 46.6 | 30.4 | 23.5 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 947.7 | 849.0 | 811.1 | 1,280.1 | 1,096.9 | 914.2 | 620.8 | 823.6 | 655.9 | 405.7 | 290.6 | 249.1 | 277.6 |
| Gross Profit | 87.8 | 103.3 | 103.4 | 211.9 | 177.5 | 124.9 | 86.4 | 136.1 | 102.4 | 65.4 | 48.6 | 36.3 | 38.0 |
| Operating Income | (39.3) | (7.6) | (10.9) | 85.8 | 81.0 | 41.6 | 15.0 | 64.0 | 48.2 | 23.9 | 12.6 | 3.5 | 4.5 |
| Net Income | (52.8) | (20.8) | (43.0) | 72.8 | 70.9 | 33.3 | 10.7 | 57.9 | 51.4 | 16.7 | 12.8 | 6.2 | 2.8 |
| EPS (Diluted) | -1.54 | -0.64 | -1.47 | 2.51 | 2.45 | 1.42 | 0.47 | 2.30 | 1.96 | -3.11 | -0.74 | 0.00 | 0.12 |
| Balance Sheet | |||||||||||||
| Cash & Equivalents | 98.3 | 108.7 | 80.0 | 86.5 | 75.5 | 252.9 | 60.6 | 43.8 | 68.6 | 50.9 | |||
| Total Assets | 942.9 | 995.6 | 938.5 | 1,083.7 | 1,020.9 | 774.2 | 566.6 | 485.5 | 541.4 | 282.5 | |||
| Total Debt | 185.6 | 174.2 | 286.3 | 341.7 | 322.7 | 210.7 | 192.6 | 200.9 | 186.7 | 37.9 | |||
| Stockholders' Equity | 663.9 | 698.3 | 564.7 | 587.5 | 500.7 | 411.7 | 221.4 | 198.3 | 211.7 | 141.7 | |||
| Cash Flow | |||||||||||||
| Operating Cash Flow | 29.9 | 27.9 | 57.6 | 31.5 | 15.3 | 38.3 | 57.1 | 60.5 | 38.7 | 27.7 | |||
| Capital Expenditure | (36.2) | (17.6) | (15.5) | (29.4) | (20.8) | (10.3) | (12.3) | (13.9) | (8.2) | (4.3) | |||
| Free Cash Flow | (6.3) | 10.2 | 42.1 | 2.0 | (5.6) | 28.0 | 44.8 | 46.6 | 30.4 | 23.5 | |||