Obermatt

Axcelis

NSQ:ACLS · US0545402085
Semiconductors & Semiconductor EquipmentMedium

360

46
EV / EBIT8
Price / Owner Earnings43
Owner Earnings Yield73
Dividend Yield1
Price/Sales59
EV / Gross Profit68
Price/Book63
Return on Capital49
Cash Return on Capital65
Return on Equity57
EBIT Margin47
Gross Profitability69
Cash Conversion29
Accruals55
Owner Earnings Margin65
Sales growth16
Profit Growth49
Long-Term EPS Growth42
Owner Earnings Growth28
Reinvestment59
Price momentum43
Debt load76
Refinancing79
Debt Payback100
Liquidity72
Analyst ratings14
Opinion Changes50
Price Target Upside43
Market mood98
Value Creation6/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Axcelis doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryUSA
IndustrySemiconductors & Semiconductor Equipment
SizeMedium
TypePublic Company
ExchangeNASDAQGS
Founded1995
Employees897
ISINUS0545402085
Last UpdateApr 2, 2026
Themes
ClimateTechSensorsDetectors, Sensors and MemsIndustrialManufacturingSemiconductor

Description

Axcelis Technologies, Inc. (Axcelis) designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The company's Purion family of products offers the most innovative implanters av…

Analysis

Middle-of-the-road

Axcelis Technologies, Inc. sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is expensive. The owner-earnings multiple stands at 51.8×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 19% a year, against analyst forecasts of 4%. The market is pricing in far more than analysts expect: heroic expectations.

Growth is tepid; the safety picture is sturdy. The company scores 6/20 on our value-creation score: not creating value.

Flags to be aware of: Some accounting patterns deserve a closer look. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
76
2023202420252026

All-time high

99

Jan 2023

All-time low

55

Mar 2026

Average rank

85

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
59
61
54
68
Price/Earnings
44
57
95
71
Price/Book
63
72
32
60
Dividend Yield
1
1
1
1
Value (overall)
49
59
61
65

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

Similar Stocks

The companies this stock is ranked against.

Compare Axcelis with its peers
Ultra Clean
NSQ:UCTT
42
CountryUSA
IndustrySemiconductors & Semiconductor Equipment
SizeLarge
Full Stock Analysis →
Veeco Instruments
NSQ:VECO
31
CountryUSA
IndustrySemiconductors & Semiconductor Equipment
SizeMedium
Full Stock Analysis →
PDF Solutions
NSQ:PDFS
51
CountryUSA
IndustrySemiconductors & Semiconductor Equipment
SizeSmall
Full Stock Analysis →
Cohu
NSQ:COHU
30
CountryUSA
IndustrySemiconductors & Semiconductor Equipment
SizeMedium
Full Stock Analysis →
Entegris
NSQ:ENTG
30
CountryUSA
IndustrySemiconductors & Semiconductor Equipment
SizeLarge
Full Stock Analysis →
ACM Research
NMQ:ACMR
48
CountryUSA
IndustrySemiconductors & Semiconductor Equipment
SizeMedium
Full Stock Analysis →

Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →