Axcelis Technologies, Inc. (ACLS)
Total Valuation
ACLS has a market cap or net worth of $4.25 billion. The enterprise value is $3.83 billion.
| Market Cap | 4.25B |
| Enterprise Value | 3.83B |
Important Dates
The next estimated earnings date is Wednesday, February 7, 2024, after market close.
| Earnings Date | Feb 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
ACLS has 32.75 million shares outstanding. The number of shares has decreased by -0.69% in one year.
| Shares Outstanding | 32.75M |
| Shares Change (YoY) | -0.69% |
| Shares Change (QoQ) | -0.09% |
| Owned by Insiders (%) | 1.10% |
| Owned by Institutions (%) | 92.35% |
| Float | 32.41M |
Valuation Ratios
The trailing PE ratio is 18.55 and the forward PE ratio is 16.24. ACLS's PEG ratio is 1.23.
| PE Ratio | 18.55 |
| Forward PE | 16.24 |
| PS Ratio | 3.91 |
| Forward PS | 3.53 |
| PB Ratio | 5.30 |
| P/FCF Ratio | 21.30 |
| PEG Ratio | 1.23 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.93, with an EV/FCF ratio of 19.22.
| EV / Earnings | 16.50 |
| EV / Sales | 3.53 |
| EV / EBITDA | 13.93 |
| EV / EBIT | 14.60 |
| EV / FCF | 19.22 |
Financial Position
The company has a current ratio of 3.89, with a Debt / Equity ratio of 0.06.
| Current Ratio | 3.89 |
| Quick Ratio | 2.50 |
| Debt / Equity | 0.06 |
| Debt / EBITDA | 0.17 |
| Debt / FCF | 0.23 |
| Interest Coverage | 47.71 |
Financial Efficiency
Return on equity (ROE) is 31.90% and return on invested capital (ROIC) is 25.92%.
| Return on Equity (ROE) | 31.90% |
| Return on Assets (ROA) | 21.00% |
| Return on Capital (ROIC) | 25.92% |
| Revenue Per Employee | $731,560 |
| Profits Per Employee | $156,363 |
| Employee Count | 1,485 |
| Asset Turnover | 0.98 |
| Inventory Turnover | 2.31 |
Taxes
In the past 12 months, ACLS has paid $24.79 million in taxes.
| Income Tax | 24.79M |
| Effective Tax Rate | 9.65% |
Stock Price Statistics
The stock price has increased by +63.40% in the last 52 weeks. The beta is 1.69, so ACLS's price volatility has been higher than the market average.
| Beta (1Y) | 1.69 |
| 52-Week Price Change | +63.40% |
| 50-Day Moving Average | 131.63 |
| 200-Day Moving Average | 151.28 |
| Relative Strength Index (RSI) | 46.83 |
| Average Volume (30 Days) | 609,341 |
Short Selling Information
The latest short interest is 1.67 million, so 5.11% of the outstanding shares have been sold short.
| Short Interest | 1.67M |
| Short Previous Month | 1.64M |
| Short % of Shares Out | 5.11% |
| Short % of Float | 5.16% |
| Short Ratio (days to cover) | 2.55 |
Income Statement
In the last 12 months, ACLS had revenue of $1.09 billion and earned $232.20 million in profits. Earnings per share was $6.99.
| Revenue | 1.09B |
| Gross Profit | 462.93M |
| Operating Income | 242.83M |
| Pretax Income | 256.99M |
| Net Income | 232.20M |
| EBITDA | 274.97M |
| EBIT | 262.49M |
| Earnings Per Share (EPS) | $6.99 |
Balance Sheet
The company has $461.01 million in cash and $45.51 million in debt, giving a net cash position of $415.50 million or $12.69 per share.
| Cash & Cash Equivalents | 461.01M |
| Total Debt | 45.51M |
| Net Cash | 415.50M |
| Net Cash Per Share | $12.69 |
| Equity / Book Value | 800.97M |
| Book Value Per Share | 24.46 |
| Working Capital | 753.86M |
Cash Flow
In the last 12 months, operating cash flow was $213.68 million and capital expenditures -$14.31 million, giving a free cash flow of $199.37 million.
| Operating Cash Flow | 213.68M |
| Capital Expenditures | -14.31M |
| Free Cash Flow | 199.37M |
| FCF Per Share | $6.08 |
Margins
Gross margin is 42.61%, with operating and profit margins of 22.35% and 21.37%.
| Gross Margin | 42.61% |
| Operating Margin | 22.35% |
| Pretax Margin | 23.66% |
| Profit Margin | 21.37% |
| EBITDA Margin | 25.31% |
| EBIT Margin | 24.16% |
| FCF Margin | 18.35% |
Dividends & Yields
ACLS does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Earnings Yield | 5.47% |
| FCF Yield | 4.69% |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 0.69% |
| Shareholder Yield | 0.69% |
Analyst Forecast
The average price target for ACLS is $166.25, which is 28.19% higher than the current price. The consensus rating is "Buy".
| Price Target | $166.25 |
| Price Target Difference | 28.19% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | 13.56% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on July 1, 2016. It was a reverse split with a ratio of 1:4.
| Last Split Date | Jul 1, 2016 |
| Split Type | Reverse |
| Split Ratio | 1:4 |
Scores
ACLS has an Altman Z-Score of 9.04 and a Piotroski F-Score of 6.
| Altman Z-Score | 9.04 |
| Piotroski F-Score | 6 |