AXCELIS TECHNOLOGIES INC (1ACLS.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1ACLS - US0545402085 - Common Stock
82.12 EUR
+6.12 (+8.05%)
Overall 1ACLS gets a fundamental rating of 6 out of 10. We evaluated 1ACLS against 68 industry peers in the Semiconductors & Semiconductor Equipment industry. 1ACLS is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. 1ACLS has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- In the past year 1ACLS was profitable.
- In the past year 1ACLS had a positive cash flow from operations.
- 1ACLS had positive earnings in each of the past 5 years.
- Each year in the past 5 years 1ACLS had a positive operating cash flow.
1.2 Ratios
- 1ACLS's Return On Assets of 10.05% is in line compared to the rest of the industry. 1ACLS outperforms 54.41% of its industry peers.
- 1ACLS has a Return On Equity of 13.32%. This is comparable to the rest of the industry: 1ACLS outperforms 48.53% of its industry peers.
- 1ACLS has a Return On Invested Capital (10.49%) which is comparable to the rest of the industry.
- The Average Return On Invested Capital over the past 3 years for 1ACLS is significantly above the industry average of 14.62%.
- The 3 year average ROIC (21.34%) for 1ACLS is well above the current ROIC(10.49%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.05% | ||
| ROE | 13.32% | ||
| ROIC | 10.49% |
ROA(3y)17.39%
ROA(5y)14.66%
ROE(3y)25.25%
ROE(5y)20.89%
ROIC(3y)21.34%
ROIC(5y)18.4%
1.3 Margins
- Looking at the Profit Margin, with a value of 15.93%, 1ACLS is in the better half of the industry, outperforming 60.29% of the companies in the same industry.
- In the last couple of years the Profit Margin of 1ACLS has grown nicely.
- 1ACLS has a Operating Margin (16.14%) which is comparable to the rest of the industry.
- 1ACLS's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 44.68%, 1ACLS is doing worse than 60.29% of the companies in the same industry.
- In the last couple of years the Gross Margin of 1ACLS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.14% | ||
| PM (TTM) | 15.93% | ||
| GM | 44.68% |
OM growth 3Y2.52%
OM growth 5Y24.03%
PM growth 3Y9.84%
PM growth 5Y31.85%
GM growth 3Y1.09%
GM growth 5Y1.22%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 1ACLS is creating value.
- Compared to 1 year ago, 1ACLS has less shares outstanding
- The number of shares outstanding for 1ACLS has been reduced compared to 5 years ago.
- The debt/assets ratio for 1ACLS has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 7.56 indicates that 1ACLS is not in any danger for bankruptcy at the moment.
- 1ACLS has a better Altman-Z score (7.56) than 64.71% of its industry peers.
- The Debt to FCF ratio of 1ACLS is 0.34, which is an excellent value as it means it would take 1ACLS, only 0.34 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of 1ACLS (0.34) is better than 89.71% of its industry peers.
- A Debt/Equity ratio of 0.04 indicates that 1ACLS is not too dependend on debt financing.
- 1ACLS's Debt to Equity ratio of 0.04 is amongst the best of the industry. 1ACLS outperforms 85.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.34 | ||
| Altman-Z | 7.56 |
ROIC/WACC0.96
WACC10.9%
2.3 Liquidity
- A Current Ratio of 4.95 indicates that 1ACLS has no problem at all paying its short term obligations.
- 1ACLS's Current ratio of 4.95 is amongst the best of the industry. 1ACLS outperforms 89.71% of its industry peers.
- 1ACLS has a Quick Ratio of 3.32. This indicates that 1ACLS is financially healthy and has no problem in meeting its short term obligations.
- 1ACLS has a better Quick ratio (3.32) than 88.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.95 | ||
| Quick Ratio | 3.32 |
3. Growth
3.1 Past
- 1ACLS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -27.22%.
- Measured over the past years, 1ACLS shows a very strong growth in Earnings Per Share. The EPS has been growing by 64.54% on average per year.
- The Revenue for 1ACLS has decreased by -20.69% in the past year. This is quite bad
- Measured over the past years, 1ACLS shows a very strong growth in Revenue. The Revenue has been growing by 24.30% on average per year.
EPS 1Y (TTM)-27.22%
EPS 3Y28.48%
EPS 5Y64.54%
EPS Q2Q%-18.79%
Revenue 1Y (TTM)-20.69%
Revenue growth 3Y15.4%
Revenue growth 5Y24.3%
Sales Q2Q%-16.74%
3.2 Future
- The Earnings Per Share is expected to decrease by -9.09% on average over the next years.
- Based on estimates for the next years, 1ACLS will show a decrease in Revenue. The Revenue will decrease by -4.11% on average per year.
EPS Next Y-25.98%
EPS Next 2Y-13.2%
EPS Next 3Y-9.09%
EPS Next 5YN/A
Revenue Next Year-19.29%
Revenue Next 2Y-7.02%
Revenue Next 3Y-4.11%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 19.55, which indicates a rather expensive current valuation of 1ACLS.
- Compared to the rest of the industry, the Price/Earnings ratio of 1ACLS indicates a rather cheap valuation: 1ACLS is cheaper than 83.82% of the companies listed in the same industry.
- 1ACLS is valuated rather cheaply when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 20.75, 1ACLS is valued on the expensive side.
- 76.47% of the companies in the same industry are more expensive than 1ACLS, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of 1ACLS to the average of the S&P500 Index (24.26), we can say 1ACLS is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.55 | ||
| Fwd PE | 20.75 |
4.2 Price Multiples
- 72.06% of the companies in the same industry are more expensive than 1ACLS, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, 1ACLS is valued cheaply inside the industry as 88.24% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.03 | ||
| EV/EBITDA | 14.9 |
4.3 Compensation for Growth
- The decent profitability rating of 1ACLS may justify a higher PE ratio.
- A cheap valuation may be justified as 1ACLS's earnings are expected to decrease with -9.09% in the coming years.
PEG (NY)N/A
PEG (5Y)0.3
EPS Next 2Y-13.2%
EPS Next 3Y-9.09%
5. Dividend
5.1 Amount
- No dividends for 1ACLS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
AXCELIS TECHNOLOGIES INC / 1ACLS.MI FAQ
Can you provide the ChartMill fundamental rating for AXCELIS TECHNOLOGIES INC?
ChartMill assigns a fundamental rating of 6 / 10 to 1ACLS.MI.
Can you provide the valuation status for AXCELIS TECHNOLOGIES INC?
ChartMill assigns a valuation rating of 5 / 10 to AXCELIS TECHNOLOGIES INC (1ACLS.MI). This can be considered as Fairly Valued.
How profitable is AXCELIS TECHNOLOGIES INC (1ACLS.MI) stock?
AXCELIS TECHNOLOGIES INC (1ACLS.MI) has a profitability rating of 6 / 10.
Can you provide the financial health for 1ACLS stock?
The financial health rating of AXCELIS TECHNOLOGIES INC (1ACLS.MI) is 10 / 10.