AXCELIS TECHNOLOGIES INC (ACLS)
US0545402085 - Common Stock
Taking everything into account, ACLS scores 7 out of 10 in our fundamental rating. ACLS was compared to 109 industry peers in the Semiconductors & Semiconductor Equipment industry. ACLS scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ACLS is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make ACLS suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
ACLS had positive earnings in the past year.
ACLS had a positive operating cash flow in the past year.
In the past 5 years ACLS has always been profitable.
ACLS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 19.14%, ACLS belongs to the top of the industry, outperforming 94.50% of the companies in the same industry.
The Return On Equity of ACLS (27.74%) is better than 89.91% of its industry peers.
Looking at the Return On Invested Capital, with a value of 23.38%, ACLS belongs to the top of the industry, outperforming 94.50% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ACLS is significantly above the industry average of 10.82%.
The last Return On Invested Capital (23.38%) for ACLS is above the 3 year average (22.37%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.14% | ||
| ROE | 27.74% | ||
| ROIC | 23.38% |
ROA(3y)16.79%
ROA(5y)12.3%
ROE(3y)24.74%
ROE(5y)17.73%
ROIC(3y)22.37%
ROIC(5y)16.23%
1.3 Margins
ACLS has a better Profit Margin (22.16%) than 79.82% of its industry peers.
ACLS's Profit Margin has improved in the last couple of years.
ACLS's Operating Margin of 24.00% is fine compared to the rest of the industry. ACLS outperforms 79.82% of its industry peers.
In the last couple of years the Operating Margin of ACLS has grown nicely.
With a Gross Margin value of 44.59%, ACLS perfoms like the industry average, outperforming 47.71% of the companies in the same industry.
In the last couple of years the Gross Margin of ACLS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24% | ||
| PM (TTM) | 22.16% | ||
| GM | 44.59% |
OM growth 3Y24.37%
OM growth 5Y11.64%
PM growth 3Y27.39%
PM growth 5Y16%
GM growth 3Y1.27%
GM growth 5Y1.38%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), ACLS is creating value.
The number of shares outstanding for ACLS has been reduced compared to 1 year ago.
Compared to 5 years ago, ACLS has more shares outstanding
The debt/assets ratio for ACLS has been reduced compared to a year ago.
2.2 Solvency
ACLS has an Altman-Z score of 8.49. This indicates that ACLS is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of ACLS (8.49) is better than 76.15% of its industry peers.
The Debt to FCF ratio of ACLS is 0.31, which is an excellent value as it means it would take ACLS, only 0.31 years of fcf income to pay off all of its debts.
ACLS has a better Debt to FCF ratio (0.31) than 81.65% of its industry peers.
A Debt/Equity ratio of 0.05 indicates that ACLS is not too dependend on debt financing.
ACLS's Debt to Equity ratio of 0.05 is fine compared to the rest of the industry. ACLS outperforms 60.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.31 | ||
| Altman-Z | 8.49 |
ROIC/WACC1.94
WACC12.04%
2.3 Liquidity
ACLS has a Current Ratio of 4.00. This indicates that ACLS is financially healthy and has no problem in meeting its short term obligations.
ACLS's Current ratio of 4.00 is fine compared to the rest of the industry. ACLS outperforms 63.30% of its industry peers.
ACLS has a Quick Ratio of 2.87. This indicates that ACLS is financially healthy and has no problem in meeting its short term obligations.
ACLS has a Quick ratio of 2.87. This is comparable to the rest of the industry: ACLS outperforms 58.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4 | ||
| Quick Ratio | 2.87 |
3. Growth
3.1 Past
ACLS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.51%, which is quite impressive.
Measured over the past years, ACLS shows a very strong growth in Earnings Per Share. The EPS has been growing by 40.65% on average per year.
The Revenue has grown by 16.33% in the past year. This is quite good.
ACLS shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.63% yearly.
EPS 1Y (TTM)33.51%
EPS 3Y76.12%
EPS 5Y40.65%
EPS Q2Q%9.79%
Revenue 1Y (TTM)16.33%
Revenue growth 3Y33.56%
Revenue growth 5Y20.63%
Sales Q2Q%-0.65%
3.2 Future
Based on estimates for the next years, ACLS will show a small growth in Earnings Per Share. The EPS will grow by 5.43% on average per year.
ACLS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.27% yearly.
EPS Next Y-13.06%
EPS Next 2Y5.43%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-5.7%
Revenue Next 2Y4.75%
Revenue Next 3Y10.27%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
ACLS is valuated correctly with a Price/Earnings ratio of 15.88.
88.99% of the companies in the same industry are more expensive than ACLS, based on the Price/Earnings ratio.
ACLS is valuated rather cheaply when we compare the Price/Earnings ratio to 24.29, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 14.56, the valuation of ACLS can be described as correct.
ACLS's Price/Forward Earnings ratio is rather cheap when compared to the industry. ACLS is cheaper than 85.32% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ACLS to the average of the S&P500 Index (20.35), we can say ACLS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.88 | ||
| Fwd PE | 14.56 |
4.2 Price Multiples
ACLS's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ACLS is cheaper than 90.83% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ACLS is valued a bit cheaper than 79.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.08 | ||
| EV/EBITDA | 10.64 |
4.3 Compensation for Growth
The excellent profitability rating of ACLS may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.39
EPS Next 2Y5.43%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for ACLS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
AXCELIS TECHNOLOGIES INC
NASDAQ:ACLS (7/25/2024, 7:00:00 PM)
After market: 121 +0.76 (+0.63%)120.24
-5.39 (-4.29%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.91B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.88 | ||
| Fwd PE | 14.56 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.14% | ||
| ROE | 27.74% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 24% | ||
| PM (TTM) | 22.16% | ||
| GM | 44.59% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.86
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 4 | ||
| Quick Ratio | 2.87 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)33.51%
EPS 3Y76.12%
EPS 5Y
EPS Q2Q%
EPS Next Y-13.06%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)16.33%
Revenue growth 3Y33.56%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y