90.53 USD
-0.51 (-0.56%)
Taking everything into account, ACLS scores 6 out of 10 in our fundamental rating. ACLS was compared to 113 industry peers in the Semiconductors & Semiconductor Equipment industry. ACLS has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. ACLS has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year ACLS was profitable.
- In the past year ACLS had a positive cash flow from operations.
- In the past 5 years ACLS has always been profitable.
- ACLS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With a decent Return On Assets value of 10.05%, ACLS is doing good in the industry, outperforming 78.76% of the companies in the same industry.
- ACLS's Return On Equity of 13.32% is fine compared to the rest of the industry. ACLS outperforms 77.88% of its industry peers.
- With an excellent Return On Invested Capital value of 10.49%, ACLS belongs to the best of the industry, outperforming 81.42% of the companies in the same industry.
- ACLS had an Average Return On Invested Capital over the past 3 years of 21.34%. This is significantly above the industry average of 10.78%.
- The 3 year average ROIC (21.34%) for ACLS 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%, ACLS is in the better half of the industry, outperforming 73.45% of the companies in the same industry.
- ACLS's Profit Margin has improved in the last couple of years.
- The Operating Margin of ACLS (16.14%) is better than 76.11% of its industry peers.
- ACLS's Operating Margin has improved in the last couple of years.
- ACLS has a Gross Margin of 44.68%. This is comparable to the rest of the industry: ACLS outperforms 51.33% of its industry peers.
- ACLS's Gross Margin has been stable in the last couple of years.
| 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), ACLS is creating value.
- The number of shares outstanding for ACLS has been reduced compared to 1 year ago.
- ACLS has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for ACLS has been reduced compared to a year ago.
2.2 Solvency
- ACLS has an Altman-Z score of 7.27. This indicates that ACLS is financially healthy and has little risk of bankruptcy at the moment.
- With a decent Altman-Z score value of 7.27, ACLS is doing good in the industry, outperforming 64.60% of the companies in the same industry.
- The Debt to FCF ratio of ACLS is 0.34, which is an excellent value as it means it would take ACLS, only 0.34 years of fcf income to pay off all of its debts.
- ACLS has a better Debt to FCF ratio (0.34) than 82.30% of its industry peers.
- ACLS has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
- Looking at the Debt to Equity ratio, with a value of 0.04, ACLS is in the better half of the industry, outperforming 63.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.34 | ||
| Altman-Z | 7.27 |
ROIC/WACC0.96
WACC10.97%
2.3 Liquidity
- A Current Ratio of 4.95 indicates that ACLS has no problem at all paying its short term obligations.
- With a decent Current ratio value of 4.95, ACLS is doing good in the industry, outperforming 72.57% of the companies in the same industry.
- ACLS has a Quick Ratio of 3.32. This indicates that ACLS is financially healthy and has no problem in meeting its short term obligations.
- ACLS's Quick ratio of 3.32 is fine compared to the rest of the industry. ACLS outperforms 65.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.95 | ||
| Quick Ratio | 3.32 |
3. Growth
3.1 Past
- The earnings per share for ACLS have decreased strongly by -27.22% in the last year.
- ACLS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 64.54% yearly.
- Looking at the last year, ACLS shows a very negative growth in Revenue. The Revenue has decreased by -20.69% in the last year.
- ACLS shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 24.30% yearly.
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
- Based on estimates for the next years, ACLS will show a decrease in Earnings Per Share. The EPS will decrease by -9.09% on average per year.
- The Revenue is expected to decrease by -4.11% on average over the next years.
EPS Next Y-25.39%
EPS Next 2Y-13.6%
EPS Next 3Y-9.09%
EPS Next 5YN/A
Revenue Next Year-19.29%
Revenue Next 2Y-7.14%
Revenue Next 3Y-4.11%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 18.40, the valuation of ACLS can be described as rather expensive.
- 92.04% of the companies in the same industry are more expensive than ACLS, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 28.82. ACLS is valued slightly cheaper when compared to this.
- With a Price/Forward Earnings ratio of 19.72, ACLS is valued on the expensive side.
- ACLS's Price/Forward Earnings ratio is rather cheap when compared to the industry. ACLS is cheaper than 87.61% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of ACLS to the average of the S&P500 Index (25.95), we can say ACLS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.4 | ||
| Fwd PE | 19.72 |
4.2 Price Multiples
- ACLS's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ACLS is cheaper than 86.73% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of ACLS indicates a rather cheap valuation: ACLS is cheaper than 90.27% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.63 | ||
| EV/EBITDA | 13.88 |
4.3 Compensation for Growth
- ACLS has an outstanding profitability rating, which may justify a higher PE ratio.
- ACLS's earnings are expected to decrease with -9.09% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.29
EPS Next 2Y-13.6%
EPS Next 3Y-9.09%
5. Dividend
5.1 Amount
- No dividends for ACLS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
AXCELIS TECHNOLOGIES INC / ACLS FAQ
Can you provide the ChartMill fundamental rating for AXCELIS TECHNOLOGIES INC?
ChartMill assigns a fundamental rating of 6 / 10 to ACLS.
Can you provide the valuation status for AXCELIS TECHNOLOGIES INC?
ChartMill assigns a valuation rating of 6 / 10 to AXCELIS TECHNOLOGIES INC (ACLS). This can be considered as Fairly Valued.
What is the profitability of ACLS stock?
AXCELIS TECHNOLOGIES INC (ACLS) has a profitability rating of 8 / 10.
What is the valuation of AXCELIS TECHNOLOGIES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for AXCELIS TECHNOLOGIES INC (ACLS) is 18.4 and the Price/Book (PB) ratio is 2.75.
What is the earnings growth outlook for AXCELIS TECHNOLOGIES INC?
The Earnings per Share (EPS) of AXCELIS TECHNOLOGIES INC (ACLS) is expected to decline by -25.39% in the next year.