NasdaqGS:ACLS

Stock Analysis Report

Executive Summary

Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips worldwide.

Snowflake

Fundamentals

Flawless balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Axcelis Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.5%

NasdaqGS:ACLS

-0.8%

US Semiconductor

-0.02%

US Market


1 Year Return

-7.7%

NasdaqGS:ACLS

10.2%

US Semiconductor

1.6%

US Market

ACLS underperformed the Semiconductor industry which returned 10.7% over the past year.

ACLS underperformed the Market in United States of America which returned 1.9% over the past year.


Share holder returns

ACLSIndustryMarket
7 Day0.5%-0.8%-0.02%
30 Day21.1%5.8%2.7%
90 Day25.5%12.0%1.4%
1 Year-7.7%-7.7%12.3%10.2%3.8%1.6%
3 Year44.0%44.0%82.2%71.6%45.2%35.8%
5 Year129.6%129.6%122.9%100.2%61.8%44.1%

Price Volatility Vs. Market

How volatile is Axcelis Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Axcelis Technologies undervalued based on future cash flows and its price relative to the stock market?

25.01x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Axcelis Technologies's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Axcelis Technologies's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Axcelis Technologies is good value based on earnings compared to the US Semiconductor industry average.

Axcelis Technologies is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Axcelis Technologies is good value based on expected growth next year.


Price Based on Value of Assets

Axcelis Technologies is good value based on assets compared to the US Semiconductor industry average.


Next Steps

Future Growth

How is Axcelis Technologies expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

52.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Axcelis Technologies's revenue is expected to grow by 14.7% yearly, however this is not considered high growth (20% yearly).

Axcelis Technologies's earnings are expected to grow significantly at over 20% yearly.

Axcelis Technologies's revenue growth is expected to exceed the United States of America market average.

Axcelis Technologies's earnings growth is expected to exceed the United States of America market average.

Axcelis Technologies's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Axcelis Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Axcelis Technologies performed over the past 5 years?

54.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Axcelis Technologies has delivered over 20% year on year earnings growth in the past 5 years.

Axcelis Technologies's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Axcelis Technologies's 1-year earnings growth is negative, it can't be compared to the US Semiconductor industry average.


Return on Equity

Axcelis Technologies has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Axcelis Technologies used its assets less efficiently than the US Semiconductor industry average last year based on Return on Assets.


Return on Capital Employed

Axcelis Technologies's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Axcelis Technologies's financial position?


Financial Position Analysis

Axcelis Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Axcelis Technologies's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Axcelis Technologies has no debt.

Axcelis Technologies has no debt compared to 5 years ago when it was 8.7%.

Axcelis Technologies has no debt, it does not need to be covered by operating cash flow.

Axcelis Technologies has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Axcelis Technologies has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Axcelis Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Axcelis Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Axcelis Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Axcelis Technologies has not reported any payouts.

Unable to verify if Axcelis Technologies's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Axcelis Technologies has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Axcelis Technologies's salary, the management and board of directors tenure and is there insider trading?

6.3yrs

Average management tenure


CEO

Mary Puma (61yo)

17.7yrs

Tenure

US$2,606,660

Compensation

Ms. Mary G. Puma serves as the Chief Executive Officer and President at Axcelis Technologies Inc. From May 2000 to January 2002, Ms. Puma served as Axcelis Technologies Inc.'s President and Chief Operating ...


CEO Compensation Analysis

Mary's remuneration is higher than average for companies of similar size in United States of America.

Mary's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

6.3yrs

Average Tenure

60yo

Average Age

The average tenure for the Axcelis Technologies management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

4.3yrs

Average Tenure

63yo

Average Age

The tenure for the Axcelis Technologies board of directors is about average.


Insider Trading

More shares have been bought than sold by Axcelis Technologies individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$45,14421 Aug 19
Douglas Lawson
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Corporate Marketing & Strategy
Shares3,000
Max PriceUS$15.05
SellUS$23,49217 May 19
John Kurtzweil
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,400
Max PriceUS$16.78
SellUS$112,15020 Feb 19
Thomas Dennis
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares5,000
Max PriceUS$22.43
SellUS$44,02521 Nov 18
John Kurtzweil
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares2,500
Max PriceUS$17.61

Ownership Breakdown


Management Team

  • Mary Puma (61yo)

    CEO, President & Director

    • Tenure: 17.7yrs
    • Compensation: US$2.61m
  • Lynnette Fallon (59yo)

    Executive VP of HR & Legal

    • Tenure: 18.4yrs
    • Compensation: US$922.89k
  • John Aldeborgh (63yo)

    Executive Vice President of Global Customer Operations

    • Tenure: 6.6yrs
    • Compensation: US$922.58k
  • Kevin Brewer (60yo)

    CFO & Executive VP of Global Operations

    • Tenure: 6yrs
    • Compensation: US$1.33m
  • Bill Bintz (62yo)

    Executive Vice President of Product Development

    • Tenure: 0yrs
    • Compensation: US$890.82k
  • Doug Lawson (58yo)

    Executive Vice President of Corporate Marketing & Strategy

    • Tenure: 5.8yrs
  • Russell Low (48yo)

    Executive Vice President of Engineering

    • Tenure: 2.9yrs
    • Compensation: US$883.57k

Board Members

  • John Kurtzweil (63yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$203.77k
  • Tom Dennis (65yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$186.27k
  • Joe Keithley (70yo)

    Independent Director

    • Tenure: 8.1yrs
    • Compensation: US$196.27k
  • Richie Faubert (71yo)

    Chairman of the board

    • Tenure: 1.3yrs
    • Compensation: US$200.55k
  • Mary Puma (61yo)

    CEO, President & Director

    • Tenure: 17.7yrs
    • Compensation: US$2.61m
  • R. Fletcher (73yo)

    Independent Director

    • Tenure: 16.7yrs
    • Compensation: US$201.27k
  • TY Chiu (63yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$290.62k
  • Art George (57yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: US$193.77k
  • Jorge Titinger (58yo)

    Director

    • Tenure: 0.08yrs

Company Information

Axcelis Technologies, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Axcelis Technologies, Inc.
  • Ticker: ACLS
  • Exchange: NasdaqGS
  • Founded: 1995
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: US$593.940m
  • Shares outstanding: 32.33m
  • Website: https://www.axcelis.com

Number of Employees


Location

  • Axcelis Technologies, Inc.
  • 108 Cherry Hill Drive
  • Beverly
  • Massachusetts
  • 1915
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ACLSNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJul 2000
XXA1DB (Deutsche Boerse AG)YesCommon StockDEEURJul 2000
A2AM8ZDB (Deutsche Boerse AG)COM USD0.001(POST REV SPLIT)DEUSDJul 2016

Biography

Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips worldwide. The company offers a line of high en ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 23:32
End of Day Share Price2019/09/18 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.