Amtech Systems, Inc. manufactures and sells capital equipment and related consumables for use in fabricating silicon carbide (SiC), silicon power devices, analog and discrete devices, electronic assemblies, and light-emitting diodes (LEDs) worldwide. More Details
No risks detected for ASYS from our risk checks.
Excellent balance sheet with high growth potential.
Share Price & News
How has Amtech Systems's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASYS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ASYS's weekly volatility (7%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ASYS exceeded the US Semiconductor industry which returned 51.6% over the past year.
Return vs Market: ASYS exceeded the US Market which returned 30.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Amtech Systems's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StThese 4 Measures Indicate That Amtech Systems (NASDAQ:ASYS) Is Using Debt Extensively
1 month ago | Simply Wall StIndependent Director Robert Averick Just Bought 3.0% More Shares In Amtech Systems, Inc. (NASDAQ:ASYS)
3 months ago | Simply Wall StInvestors Will Want Amtech Systems' (NASDAQ:ASYS) Growth In ROCE To Persist
Is Amtech Systems undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASYS ($12.33) is trading below our estimate of fair value ($119.43)
Significantly Below Fair Value: ASYS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASYS is unprofitable, so we can't compare its PE Ratio to the US Semiconductor industry average.
PE vs Market: ASYS is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ASYS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ASYS is good value based on its PB Ratio (2.1x) compared to the US Semiconductor industry average (4.6x).
How is Amtech Systems forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASYS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: ASYS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ASYS's is expected to become profitable in the next 3 years.
Revenue vs Market: ASYS's revenue (34.9% per year) is forecast to grow faster than the US market (9.5% per year).
High Growth Revenue: ASYS's revenue (34.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ASYS's Return on Equity is forecast to be high in 3 years time
How has Amtech Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASYS is currently unprofitable.
Growing Profit Margin: ASYS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ASYS is unprofitable, and losses have increased over the past 5 years at a rate of 3.5% per year.
Accelerating Growth: Unable to compare ASYS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ASYS is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (70.4%).
Return on Equity
High ROE: ASYS has a negative Return on Equity (-1.42%), as it is currently unprofitable.
How is Amtech Systems's financial position?
Financial Position Analysis
Short Term Liabilities: ASYS's short term assets ($81.4M) exceed its short term liabilities ($15.6M).
Long Term Liabilities: ASYS's short term assets ($81.4M) exceed its long term liabilities ($16.5M).
Debt to Equity History and Analysis
Debt Level: ASYS's debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: ASYS's debt to equity ratio has reduced from 15.7% to 5.9% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ASYS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ASYS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Amtech Systems's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ASYS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ASYS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ASYS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ASYS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ASYS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Michael Whang (49 yo)
Mr. Michael Whang has been a Director of Amtech Systems, Inc. since May 5, 2020 and serves as its President. Mr. Whang has been Chief Executive Officer at Amtech Systems, Inc. since January 28, 2020 and se...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD341.44K) is below average for companies of similar size in the US market ($USD1.08M).
Compensation vs Earnings: Michael's compensation has increased whilst the company is unprofitable.
Experienced Management: ASYS's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: ASYS's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ASYS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Amtech Systems, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Amtech Systems, Inc.
- Ticker: ASYS
- Exchange: NasdaqGS
- Founded: 1981
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: US$175.745m
- Shares outstanding: 14.25m
- Website: https://www.amtechsystems.com
Number of Employees
- Amtech Systems, Inc.
- 131 South Clark Drive
- United States
Amtech Systems, Inc. manufactures and sells capital equipment and related consumables for use in fabricating silicon carbide (SiC), silicon power devices, analog and discrete devices, electronic assemblies...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 05:01|
|End of Day Share Price||2021/09/15 00:00|
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.