AXCELIS TECHNOLOGIES INC (ACLS) Stock Fundamental Analysis
USA - NASDAQ:ACLS - US0545402085 - Common Stock
87.42 USD
+1.68 (+1.96%)
87.42 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to ACLS. ACLS was compared to 112 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 it does not seem to be growing.
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.
Each year in the past 5 years ACLS has been profitable.
Each year in the past 5 years ACLS had a positive operating cash flow.
1.2 Ratios
ACLS has a Return On Assets of 11.97%. This is amongst the best in the industry. ACLS outperforms 84.82% of its industry peers.
The Return On Equity of ACLS (15.50%) is better than 79.46% of its industry peers.
ACLS has a better Return On Invested Capital (12.23%) than 83.93% of its industry peers.
ACLS had an Average Return On Invested Capital over the past 3 years of 21.34%. This is significantly above the industry average of 11.11%.
The last Return On Invested Capital (12.23%) for ACLS is well below the 3 year average (21.34%), which needs to be investigated, but indicates that ACLS had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.97% | ||
| ROE | 15.5% | ||
| ROIC | 12.23% |
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
ACLS has a better Profit Margin (17.69%) than 80.36% of its industry peers.
In the last couple of years the Profit Margin of ACLS has grown nicely.
ACLS has a better Operating Margin (17.81%) than 75.89% of its industry peers.
In the last couple of years the Operating Margin of ACLS has grown nicely.
The Gross Margin of ACLS (44.90%) is comparable to the rest of the 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 | 17.81% | ||
| PM (TTM) | 17.69% | ||
| GM | 44.9% |
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.
Compared to 1 year ago, ACLS has less shares outstanding
Compared to 5 years ago, ACLS has less shares outstanding
ACLS has a better debt/assets ratio than last year.
2.2 Solvency
ACLS has an Altman-Z score of 7.69. This indicates that ACLS is financially healthy and has little risk of bankruptcy at the moment.
ACLS has a Altman-Z score of 7.69. This is in the better half of the industry: ACLS outperforms 68.75% of its industry peers.
ACLS has a debt to FCF ratio of 0.35. This is a very positive value and a sign of high solvency as it would only need 0.35 years to pay back of all of its debts.
ACLS has a better Debt to FCF ratio (0.35) than 82.14% 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.
ACLS's Debt to Equity ratio of 0.04 is fine compared to the rest of the industry. ACLS outperforms 61.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.35 | ||
| Altman-Z | 7.69 |
ROIC/WACC1.13
WACC10.8%
2.3 Liquidity
ACLS has a Current Ratio of 6.01. This indicates that ACLS is financially healthy and has no problem in meeting its short term obligations.
ACLS has a better Current ratio (6.01) than 82.14% of its industry peers.
A Quick Ratio of 4.26 indicates that ACLS has no problem at all paying its short term obligations.
ACLS's Quick ratio of 4.26 is fine compared to the rest of the industry. ACLS outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.01 | ||
| Quick Ratio | 4.26 |
3. Growth
3.1 Past
ACLS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -27.22%.
The Earnings Per Share has been growing by 64.54% on average over the past years. This is a very strong growth
ACLS shows a decrease in Revenue. In the last year, the revenue decreased by -9.97%.
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)-9.97%
Revenue growth 3Y15.4%
Revenue growth 5Y24.3%
Sales Q2Q%-16.74%
3.2 Future
ACLS is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -6.87% yearly.
ACLS is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -4.79% yearly.
EPS Next Y-31.47%
EPS Next 2Y-16.58%
EPS Next 3Y-6.87%
EPS Next 5YN/A
Revenue Next Year-22.15%
Revenue Next 2Y-9.36%
Revenue Next 3Y-4.79%
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 17.77, the valuation of ACLS can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of ACLS indicates a rather cheap valuation: ACLS is cheaper than 91.07% of the companies listed in the same industry.
ACLS is valuated rather cheaply when we compare the Price/Earnings ratio to 26.28, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 20.43 indicates a rather expensive valuation of ACLS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ACLS indicates a somewhat cheap valuation: ACLS is cheaper than 78.57% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 33.61, ACLS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.77 | ||
| Fwd PE | 20.43 |
4.2 Price Multiples
90.18% of the companies in the same industry are more expensive than ACLS, based on the Enterprise Value to EBITDA ratio.
84.82% of the companies in the same industry are more expensive than ACLS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.06 | ||
| EV/EBITDA | 10.05 |
4.3 Compensation for Growth
The excellent profitability rating of ACLS may justify a higher PE ratio.
A cheap valuation may be justified as ACLS's earnings are expected to decrease with -6.87% in the coming years.
PEG (NY)N/A
PEG (5Y)0.28
EPS Next 2Y-16.58%
EPS Next 3Y-6.87%
5. Dividend
5.1 Amount
No dividends for ACLS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
87.42
+1.68 (+1.96%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners105.9%
Inst Owner Change0.55%
Ins Owners0.96%
Ins Owner Change9.53%
Market Cap2.71B
Revenue(TTM)1.02B
Net Income(TTM)158.49M
Analysts72.86
Price Target107.03 (22.43%)
Short Float %14.68%
Short Ratio7.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)107.85%
Min EPS beat(2)51.76%
Max EPS beat(2)163.95%
EPS beat(4)4
Avg EPS beat(4)59.67%
Min EPS beat(4)2.16%
Max EPS beat(4)163.95%
EPS beat(8)8
Avg EPS beat(8)36.38%
EPS beat(12)12
Avg EPS beat(12)29.49%
EPS beat(16)16
Avg EPS beat(16)28.03%
Revenue beat(2)2
Avg Revenue beat(2)2.57%
Min Revenue beat(2)2.12%
Max Revenue beat(2)3.02%
Revenue beat(4)3
Avg Revenue beat(4)1.2%
Min Revenue beat(4)-1.37%
Max Revenue beat(4)3.02%
Revenue beat(8)7
Avg Revenue beat(8)1.46%
Revenue beat(12)11
Avg Revenue beat(12)2.07%
Revenue beat(16)15
Avg Revenue beat(16)2.39%
PT rev (1m)7.82%
PT rev (3m)20.45%
EPS NQ rev (1m)0%
EPS NQ rev (3m)35.67%
EPS NY rev (1m)0%
EPS NY rev (3m)25.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.77 | ||
| Fwd PE | 20.43 | ||
| P/S | 3.02 | ||
| P/FCF | 22.06 | ||
| P/OCF | 19.59 | ||
| P/B | 2.65 | ||
| P/tB | 2.65 | ||
| EV/EBITDA | 10.05 |
EPS(TTM)4.92
EY5.63%
EPS(NY)4.28
Fwd EY4.9%
FCF(TTM)3.96
FCFY4.53%
OCF(TTM)4.46
OCFY5.1%
SpS28.91
BVpS32.98
TBVpS32.98
PEG (NY)N/A
PEG (5Y)0.28
Graham Number60.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.97% | ||
| ROE | 15.5% | ||
| ROCE | 13.92% | ||
| ROIC | 12.23% | ||
| ROICexc | 23.5% | ||
| ROICexgc | 23.5% | ||
| OM | 17.81% | ||
| PM (TTM) | 17.69% | ||
| GM | 44.9% | ||
| FCFM | 13.71% |
ROA(3y)17.39%
ROA(5y)14.66%
ROE(3y)25.25%
ROE(5y)20.89%
ROIC(3y)21.34%
ROIC(5y)18.4%
ROICexc(3y)45.35%
ROICexc(5y)37.49%
ROICexgc(3y)45.35%
ROICexgc(5y)37.49%
ROCE(3y)24.29%
ROCE(5y)20.95%
ROICexgc growth 3Y-3.61%
ROICexgc growth 5Y39%
ROICexc growth 3Y-3.61%
ROICexc growth 5Y39%
OM growth 3Y2.52%
OM growth 5Y24.03%
PM growth 3Y9.84%
PM growth 5Y31.85%
GM growth 3Y1.09%
GM growth 5Y1.22%
F-Score6
Asset Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.35 | ||
| Debt/EBITDA | 0.24 | ||
| Cap/Depr | 91.25% | ||
| Cap/Sales | 1.73% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 78.35% | ||
| Profit Quality | 77.5% | ||
| Current Ratio | 6.01 | ||
| Quick Ratio | 4.26 | ||
| Altman-Z | 7.69 |
F-Score6
WACC10.8%
ROIC/WACC1.13
Cap/Depr(3y)109.12%
Cap/Depr(5y)96.53%
Cap/Sales(3y)1.4%
Cap/Sales(5y)1.41%
Profit Quality(3y)77.07%
Profit Quality(5y)99.84%
High Growth Momentum
Growth
EPS 1Y (TTM)-27.22%
EPS 3Y28.48%
EPS 5Y64.54%
EPS Q2Q%-18.79%
EPS Next Y-31.47%
EPS Next 2Y-16.58%
EPS Next 3Y-6.87%
EPS Next 5YN/A
Revenue 1Y (TTM)-9.97%
Revenue growth 3Y15.4%
Revenue growth 5Y24.3%
Sales Q2Q%-16.74%
Revenue Next Year-22.15%
Revenue Next 2Y-9.36%
Revenue Next 3Y-4.79%
Revenue Next 5YN/A
EBIT growth 1Y-38.8%
EBIT growth 3Y18.31%
EBIT growth 5Y54.17%
EBIT Next Year-33.17%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-49.07%
FCF growth 3Y-3.13%
FCF growth 5YN/A
OCF growth 1Y-45.47%
OCF growth 3Y-2.13%
OCF growth 5YN/A
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.
What is the valuation status for ACLS stock?
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.
Can you provide the PE and PB ratios for ACLS stock?
The Price/Earnings (PE) ratio for AXCELIS TECHNOLOGIES INC (ACLS) is 17.77 and the Price/Book (PB) ratio is 2.65.
Can you provide the financial health for ACLS stock?
The financial health rating of AXCELIS TECHNOLOGIES INC (ACLS) is 9 / 10.