A Business at a Glance
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AXCELIS TECHNOLOGIES INC
ACLS
$3.6B
Mkt Cap
$113.30
-1.96%
AXCELIS TECHNOLOGIES INC operates in the Special Industry Machinery, Nec industry, Industrials sector. Full business description from SEC filing not yet available.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 839M | 839M | 1.0B | 1.1B | 920M | 662M |
| Net Income | 120M | 120M | 201M | 246M | 183M | 99M |
| EPS | $3.80 | $3.80 | $6.15 | $7.43 | $5.46 | $2.88 |
| Free Cash Flow | 107M | 107M | 129M | 136M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 203M | 267M | 267M | 411M | 443M | 343M | 475M | 662M | 920M | 1.1B | 1.0B | 839M | 839M |
| Gross Margin | 34.6% | 38.1% | 37.3% | 36.6% | 40.6% | 42.0% | 41.8% | 43.2% | 43.7% | 43.5% | 44.7% | 44.9% | 44.9% |
| R&D | 34M | 33M | 34M | 43M | 52M | 54M | 62M | 65M | 78M | 97M | 105M | 109M | 109M |
| SG&A | 24M | 25M | 24M | 31M | 33M | 32M | 40M | 46M | 57M | 66M | 70M | 83M | 83M |
| EBIT | -11M | 21M | 17M | 48M | 60M | 24M | 58M | 127M | 212M | 266M | 211M | 119M | 119M |
| Op. Margin | -5.3% | 7.8% | 6.2% | 11.7% | 13.5% | 7.1% | 12.2% | 19.2% | 23.1% | 23.5% | 20.7% | 14.2% | 14.2% |
| Net Income | -11M | 15M | 11M | 127M | 46M | 17M | 50M | 99M | 183M | 246M | 201M | 120M | 120M |
| Net Margin | -5.5% | 5.5% | 4.1% | 30.9% | 10.4% | 5.0% | 10.5% | 14.9% | 19.9% | 21.8% | 19.7% | 14.3% | 14.3% |
| Non-Recurring | 2.6M | 18K | 282K | 0 | 0 | 0 | 168K | 0 | 0 | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | -6.5% | 13.3% | 11.7% | 27.3% | 20.2% | 6.4% | 15.8% | 33.3% | 64.8% | 65.6% | 40.0% | 17.0% | 10.8% |
| ROE | -6.8% | 8.5% | 5.7% | 45.7% | 12.0% | 4.1% | 11.1% | 19.3% | 30.4% | 32.1% | 21.4% | 11.7% | 11.6% |
| ROA | -4.9% | 5.8% | 3.8% | 32.1% | 8.9% | 3.1% | 8.5% | 14.3% | 20.7% | 21.5% | 15.3% | 8.9% | 8.8% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | -16M | 18M | -8.8M | 56M | 47M | -14M | 70M | 150M | 216M | 157M | 141M | 118M | 118M |
| Free Cash Flow | -17M | 16M | -11M | 49M | 42M | -26M | 62M | 141M | 205M | 136M | 129M | 107M | 107M |
| Owner Earnings | -25M | 7.8M | -18M | 46M | 33M | -30M | 49M | 127M | 191M | 126M | 104M | 80M | 80M |
| CapEx | 896K | 1.8M | 2.5M | 7.3M | 4.7M | 12M | 7.4M | 8.7M | 11M | 21M | 12M | 11M | 11M |
| Maint. CapEx | 4.6M | 4.9M | 4.3M | 5.0M | 5.8M | 7.9M | 9.9M | 11M | 12M | 13M | 16M | 18M | 18M |
| Growth CapEx | 0 | 0 | 0 | 2.3M | 0 | 4.1M | 0 | 0 | 0 | 7.6M | 0 | 0 | 0 |
| D&A | 4.6M | 4.9M | 4.3M | 5.0M | 5.8M | 7.9M | 9.9M | 11M | 12M | 13M | 16M | 18M | 18M |
| CapEx/OCF | N/A | 10.0% | N/A | 12.9% | 10.0% | N/A | 10.7% | 5.8% | 5.0% | 13.2% | 8.7% | 9.5% | 9.5% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 18M | 7.5M | 50M | 57M | 52M | 60M | 121M | 121M |
| Buyback Yield | N/A | N/A | N/A | N/A | N/A | 2.2% | 0.8% | 2.0% | 2.2% | 1.2% | 2.6% | 4.6% | 3.4% |
| Stock-Based Comp | 4.8M | 5.6M | 5.2M | 5.7M | 7.8M | 8.2M | 10M | 12M | 13M | 18M | 21M | 21M | 21M |
| Debt Repayment | 470K | 15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | -16M | -30M | N/A | N/A | -130M | -86M | -151M | -238M | -373M | -430M | -498M | -302M | -74M |
| Cash & Equiv. | 31M | 79M | 71M | 133M | 178M | 140M | 203M | 295M | 186M | 167M | 124M | 145M | 145M |
| Long-Term Debt | 470K | 49M | N/A | N/A | 48M | 48M | 47M | 46M | 45M | 44M | 42M | 41M | 41M |
| Debt/Equity | 0.09 | 0.27 | 0.50 | 0.38 | 0.12 | 0.13 | 0.11 | 0.10 | 0.09 | 0.09 | 0.07 | 0.07 | 0.07 |
| Interest Coverage | -10.0 | 4.2 | 3.3 | 9.3 | 11.7 | 4.7 | 11.1 | 26.3 | 38.1 | 49.7 | 44.6 | 26.1 | 26.1 |
| Equity | 162M | 184M | 201M | 354M | 408M | 419M | 482M | 539M | 667M | 865M | 1.0B | 1.0B | 1.0B |
| Total Assets | 228M | 282M | 302M | 488M | 548M | 548M | 625M | 753M | 1.0B | 1.3B | 1.3B | 1.4B | 1.4B |
| Total Liabilities | 59M | 98M | 101M | 135M | 140M | 129M | 143M | 214M | 346M | 417M | 336M | 327M | 327M |
| Intangibles | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Retained Earnings | -351M | -343M | -332M | -205M | -157M | -140M | -92M | -23M | 119M | 320M | 470M | 504M | 504M |
| Working Capital | 133M | 186M | 193M | 260M | 312M | 307M | 386M | 469M | 630M | 795M | 916M | 746M | 746M |
| Current Assets | 185M | 230M | 241M | 340M | 397M | 376M | 471M | 619M | 878M | 1.1B | 1.1B | 943M | 943M |
| Current Liabilities | 52M | 44M | 48M | 79M | 85M | 69M | 84M | 150M | 248M | 285M | 208M | 198M | 198M |
| Per Share Data | |||||||||||||
| EPS | -0.40 | 1.96 | 0.36 | 3.80 | 1.35 | 0.50 | 1.46 | 2.88 | 5.46 | 7.43 | 6.15 | 3.80 | 3.80 |
| Owner EPS | -0.90 | 1.04 | -0.60 | 1.37 | 0.98 | -0.87 | 1.44 | 3.72 | 5.68 | 3.79 | 3.18 | 2.53 | 2.53 |
| Book Value | 5.74 | 24.54 | 6.59 | 10.58 | 12.01 | 12.31 | 14.07 | 15.73 | 19.90 | 26.09 | 30.99 | 32.70 | 32.70 |
| Cash Flow/Share | -0.57 | 2.44 | -0.29 | 1.68 | 1.38 | -0.40 | 2.04 | 4.38 | 6.43 | 4.73 | 4.31 | 3.74 | 4.36 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 28.2M | 7.5M | 30.6M | 33.4M | 34.0M | 34.1M | 34.2M | 34.3M | 33.5M | 33.1M | 32.7M | 31.6M | 31.6M |
| Valuation | |||||||||||||
| P/E Ratio | N/A | 21.6 | 39.2 | 7.8 | 13.2 | 48.4 | 19.9 | 24.8 | 14.2 | 17.8 | 11.6 | 21.7 | 29.8 |
| P/FCF | N/A | 4.8 | N/A | 20.3 | 14.3 | N/A | 16.0 | 17.3 | 12.7 | 32.2 | 18.1 | 24.4 | 33.5 |
| EV/EBIT | N/A | 8.4 | N/A | N/A | 4.9 | 24.5 | 11.0 | 15.0 | 10.4 | 14.8 | 8.5 | 19.1 | 29.4 |
| Price/Book | 1.7 | 1.7 | 2.1 | 2.8 | 1.5 | 2.0 | 2.1 | 4.5 | 3.9 | 5.1 | 2.3 | 2.5 | 3.5 |
| Price/Sales | 9.7 | 14.8 | 15.5 | 1.8 | 1.7 | 1.9 | 1.8 | 2.3 | 2.4 | 4.2 | 3.5 | 2.7 | 4.3 |
| FCF Yield | -6.0% | 5.2% | -2.6% | 4.9% | 7.0% | -3.1% | 6.2% | 5.8% | 7.9% | 3.1% | 5.5% | 4.1% | 3.0% |
| Market Cap | 281M | 318M | 431M | 992M | 604M | 824M | 997M | 2.4B | 2.6B | 4.4B | 2.3B | 2.6B | 3.6B |
| Avg. Price | 8.19 | 11.18 | 11.51 | 22.52 | 21.70 | 18.74 | 24.71 | 44.88 | 65.35 | 143.18 | 108.85 | 71.25 | 113.30 |
| Year-End Price | 9.96 | 10.60 | 14.10 | 29.70 | 17.76 | 24.18 | 29.11 | 71.42 | 77.38 | 132.36 | 71.24 | 82.61 | 113.30 |
AXCELIS TECHNOLOGIES INC passes 7 of 9 quality checks, indicating strong fundamentals.
AXCELIS TECHNOLOGIES INC trades at 29.8x trailing earnings, compared to its 15-year median P/E of 18.9x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 32.5x vs a median of 17.7x. The company's 5-year average ROIC is 44.2% with a gross margin of 44.0%. Total shareholder yield (buybacks) is 3.4%. At current prices, the estimated annualized return to fair value is +34.5%.
AXCELIS TECHNOLOGIES INC (ACLS) has a current P/E ratio of 29.8, compared to its historical median P/E of 18.9. The stock is currently considered Fair based on its historical valuation range.
AXCELIS TECHNOLOGIES INC (ACLS) has a 5-year average return on invested capital (ROIC) of 44.2%. This indicates strong capital allocation and a potential competitive advantage.
AXCELIS TECHNOLOGIES INC (ACLS) has a market capitalization of $3.6B. It is classified as a mid-cap stock.
AXCELIS TECHNOLOGIES INC (ACLS) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 3.38%.
Based on historical P/E analysis, AXCELIS TECHNOLOGIES INC (ACLS) appears fair. The current P/E of 29.8 is 58% above its historical median of 18.9. The estimated fair value CAGR (P/E method) is 38.2%.
AXCELIS TECHNOLOGIES INC (ACLS) operates in the Special Industry Machinery, Nec industry, within the Industrials sector.
| 205M |
| 141M |
| ROIC | 10.8% | 17.0% | 40.0% | 65.6% | 64.8% | 33.3% |
|---|
| Gross Margin | 44.9% | 44.9% | 44.7% | 43.5% | 43.7% | 43.2% |
|---|
| Debt/Equity | 0.07 | 0.07 | 0.07 | 0.09 | 0.09 | 0.10 |
|---|
| Dividends/Share | $0.00 | - | - | - | - | - |
|---|
| Operating Income | 119M | 119M | 211M | 266M | 212M | 127M |
|---|
| Operating Margin | 14.2% | 14.2% | 20.7% | 23.5% | 23.1% | 19.2% |
|---|
| ROE | 11.6% | 11.7% | 21.4% | 32.1% | 30.4% | 19.3% |
|---|
| Shares Outstanding | 32M | 32M | 33M | 33M | 34M | 34M |
|---|
AXCELIS TECHNOLOGIES INC (ACLS) reported annual revenue of $839 million in its most recent fiscal year, based on SEC EDGAR filings.
AXCELIS TECHNOLOGIES INC (ACLS) has a net profit margin of 14.3%. This is a healthy margin.
AXCELIS TECHNOLOGIES INC (ACLS) generated $107 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
AXCELIS TECHNOLOGIES INC (ACLS) has a debt-to-equity ratio of 0.07. This indicates a conservatively financed balance sheet.
AXCELIS TECHNOLOGIES INC (ACLS) reported earnings per share (EPS) of $3.80 in its most recent fiscal year.
AXCELIS TECHNOLOGIES INC (ACLS) has a return on equity (ROE) of 11.7%. This indicates moderate shareholder returns.
AXCELIS TECHNOLOGIES INC (ACLS) has a 5-year average gross margin of 44.0%. This indicates decent pricing power.
The Ledger Terminal provides 17 years of financial data for AXCELIS TECHNOLOGIES INC (ACLS), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
AXCELIS TECHNOLOGIES INC (ACLS) has a book value per share of $32.70, based on its most recent annual SEC filing.