AXT, Inc. researches, develops, and produces compound and single element semiconductor substrates.
Adequate balance sheet with reasonable growth potential.
Share Price & News
How has AXT's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AXTI has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AXTI underperformed the US Semiconductor industry which returned 44.8% over the past year.
Return vs Market: AXTI exceeded the US Market which returned 15.4% over the past year.
Price Volatility Vs. Market
How volatile is AXT's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StAXT, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
4 weeks ago | Simply Wall StRead This Before Buying AXT, Inc. (NASDAQ:AXTI) Shares
1 month ago | Simply Wall StCan We See Significant Insider Ownership On The AXT, Inc. (NASDAQ:AXTI) Share Register?
Is AXT 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: AXTI ($5.08) is trading below our estimate of fair value ($5.53)
Significantly Below Fair Value: AXTI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: AXTI is unprofitable, so we can't compare its PE Ratio to the US Semiconductor industry average.
PE vs Market: AXTI 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 AXTI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AXTI is good value based on its PB Ratio (1.1x) compared to the US Semiconductor industry average (3.5x).
How is AXT forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AXTI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: AXTI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AXTI's is expected to become profitable in the next 3 years.
Revenue vs Market: AXTI's revenue (15.5% per year) is forecast to grow faster than the US market (9.4% per year).
High Growth Revenue: AXTI's revenue (15.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AXTI's Return on Equity is forecast to be high in 3 years time
How has AXT performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AXTI is currently unprofitable.
Growing Profit Margin: AXTI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AXTI is unprofitable, but has reduced losses over the past 5 years at a rate of 6.1% per year.
Accelerating Growth: Unable to compare AXTI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AXTI is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-3.1%).
Return on Equity
High ROE: AXTI has a negative Return on Equity (-0.58%), as it is currently unprofitable.
How is AXT's financial position?
Financial Position Analysis
Short Term Liabilities: AXTI's short term assets ($110.7M) exceed its short term liabilities ($28.1M).
Long Term Liabilities: AXTI's short term assets ($110.7M) exceed its long term liabilities ($4.0M).
Debt to Equity History and Analysis
Debt Level: AXTI's debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AXTI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AXTI's debt is well covered by operating cash flow (164.5%).
Interest Coverage: Insufficient data to determine if AXTI's interest payments on its debt are well covered by EBIT.
What is AXT current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AXTI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AXTI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AXTI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AXTI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AXTI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Morris Young (75 yo)
Dr. Morris S. Young, Ph.D. co-founded AXT Inc. in 1986 and has been its Chief Executive Officer since July 16, 2009. Dr. Young served as an Interim Chief Financial Officer and Corporate Secretary of AXT In ...
CEO Compensation Analysis
Compensation vs Market: Morris's total compensation ($USD2.12M) is above average for companies of similar size in the US market ($USD1.33M).
Compensation vs Earnings: Morris's compensation has increased whilst the company is unprofitable.
|Independent Director||0.67yr||US$24.65k||0.043% |
|Independent Director||19.67yrs||US$127.00k||0.46% |
|Independent Non-Executive Chairman||11.42yrs||US$148.00k||0.33% |
|Independent Director||17.33yrs||US$129.00k||0.45% |
Experienced Board: AXTI's board of directors are seasoned and experienced ( 17.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AXTI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AXT, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: AXT, Inc.
- Ticker: AXTI
- Exchange: NasdaqGS
- Founded: 1986
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: US$202.717m
- Shares outstanding: 39.90m
- Website: https://www.axt.com
Number of Employees
- AXT, Inc.
- 4281 Technology Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AXTI||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||May 1998|
|AHV||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 1998|
AXT, Inc. researches, develops, and produces compound and single element semiconductor substrates. It produces semiconductor substrates using its proprietary vertical gradient freeze technology. The compan ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/07 00:12|
|End of Day Share Price||2020/08/06 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.