AXCELIS TECHNOLOGIES INC (ACLS) Fundamental Analysis & Valuation
NASDAQ:ACLS • US0545402085
85.82 USD
+1.76 (+2.09%)
At close: Mar 10, 2026
85.08 USD
-0.74 (-0.86%)
After Hours: 3/10/2026, 8:04:50 PM
This ACLS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 6 out of 10 to ACLS. ACLS was compared to 115 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the health and profitability get an excellent rating, making ACLS a very profitable company, without any liquidiy or solvency issues. ACLS has a valuation in line with the averages, but it does not seem to be growing.
1. ACLS Profitability Analysis
1.1 Basic Checks
- In the past year ACLS was profitable.
- ACLS had a positive operating cash flow in the past year.
- Each year in the past 5 years ACLS has been profitable.
- ACLS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- ACLS has a Return On Assets of 8.83%. This is in the better half of the industry: ACLS outperforms 79.13% of its industry peers.
- With a decent Return On Equity value of 11.62%, ACLS is doing good in the industry, outperforming 75.65% of the companies in the same industry.
- ACLS has a Return On Invested Capital of 8.93%. This is in the better half of the industry: ACLS outperforms 79.13% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for ACLS is significantly above the industry average of 10.52%.
- The 3 year average ROIC (16.09%) for ACLS is well above the current ROIC(8.93%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.83% | ||
| ROE | 11.62% | ||
| ROIC | 8.93% |
ROA(3y)14.31%
ROA(5y)14.82%
ROE(3y)19.98%
ROE(5y)21.14%
ROIC(3y)16.09%
ROIC(5y)18.16%
1.3 Margins
- ACLS's Profit Margin of 14.33% is fine compared to the rest of the industry. ACLS outperforms 73.91% of its industry peers.
- ACLS's Profit Margin has improved in the last couple of years.
- ACLS has a Operating Margin of 14.22%. This is in the better half of the industry: ACLS outperforms 71.30% of its industry peers.
- In the last couple of years the Operating Margin of ACLS has grown nicely.
- Looking at the Gross Margin, with a value of 44.91%, ACLS is in line with its industry, outperforming 52.17% of the companies in the same industry.
- ACLS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.22% | ||
| PM (TTM) | 14.33% | ||
| GM | 44.91% |
OM growth 3Y-14.92%
OM growth 5Y3.08%
PM growth 3Y-10.37%
PM growth 5Y6.35%
GM growth 3Y0.94%
GM growth 5Y1.43%
2. ACLS Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ACLS is creating some value.
- ACLS has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for ACLS has been reduced compared to 5 years ago.
- ACLS has a better debt/assets ratio than last year.
2.2 Solvency
- ACLS has an Altman-Z score of 6.92. This indicates that ACLS is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of ACLS (6.92) is better than 62.61% of its industry peers.
- The Debt to FCF ratio of ACLS is 0.40, which is an excellent value as it means it would take ACLS, only 0.40 years of fcf income to pay off all of its debts.
- ACLS has a Debt to FCF ratio of 0.40. This is amongst the best in the industry. ACLS outperforms 81.74% of its industry peers.
- ACLS has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
- Looking at the Debt to Equity ratio, with a value of 0.04, ACLS is in the better half of the industry, outperforming 61.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.4 | ||
| Altman-Z | 6.92 |
ROIC/WACC0.79
WACC11.35%
2.3 Liquidity
- A Current Ratio of 4.77 indicates that ACLS has no problem at all paying its short term obligations.
- Looking at the Current ratio, with a value of 4.77, ACLS is in the better half of the industry, outperforming 72.17% of the companies in the same industry.
- A Quick Ratio of 3.11 indicates that ACLS has no problem at all paying its short term obligations.
- ACLS's Quick ratio of 3.11 is fine compared to the rest of the industry. ACLS outperforms 63.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.77 | ||
| Quick Ratio | 3.11 |
3. ACLS Growth Analysis
3.1 Past
- ACLS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.81%.
- ACLS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 29.06% yearly.
- ACLS shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -17.57%.
- The Revenue has been growing by 12.07% on average over the past years. This is quite good.
EPS 1Y (TTM)-20.81%
EPS 3Y-3.74%
EPS 5Y29.06%
EPS Q2Q%-3.25%
Revenue 1Y (TTM)-17.57%
Revenue growth 3Y-3.02%
Revenue growth 5Y12.07%
Sales Q2Q%-5.58%
3.2 Future
- The Earnings Per Share is expected to decrease by -2.80% on average over the next years.
- ACLS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.32% yearly.
EPS Next Y-23.59%
EPS Next 2Y-2.8%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.78%
Revenue Next 2Y5.32%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. ACLS Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 17.62, which indicates a rather expensive current valuation of ACLS.
- ACLS's Price/Earnings ratio is rather cheap when compared to the industry. ACLS is cheaper than 91.30% of the companies in the same industry.
- ACLS's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.25.
- A Price/Forward Earnings ratio of 23.06 indicates a rather expensive valuation of ACLS.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of ACLS indicates a somewhat cheap valuation: ACLS is cheaper than 77.39% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.39. ACLS is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.62 | ||
| Fwd PE | 23.06 |
4.2 Price Multiples
- ACLS's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ACLS is cheaper than 85.22% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, ACLS is valued cheaper than 88.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.64 | ||
| EV/EBITDA | 15.16 |
4.3 Compensation for Growth
- ACLS has an outstanding profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as ACLS's earnings are expected to decrease with -2.80% in the coming years.
PEG (NY)N/A
PEG (5Y)0.61
EPS Next 2Y-2.8%
EPS Next 3YN/A
5. ACLS Dividend Analysis
5.1 Amount
- ACLS does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
ACLS Fundamentals: All Metrics, Ratios and Statistics
85.82
+1.76 (+2.09%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)02-17 2026-02-17/amc
Earnings (Next)05-04 2026-05-04
Inst Owners107.81%
Inst Owner Change3.38%
Ins Owners0.57%
Ins Owner Change-1.09%
Market Cap2.64B
Revenue(TTM)839.05M
Net Income(TTM)120.24M
Analysts50.91
Price Target107.25 (24.97%)
Short Float %16.46%
Short Ratio6.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)24.43%
Min EPS beat(2)18.27%
Max EPS beat(2)30.58%
EPS beat(4)4
Avg EPS beat(4)66.14%
Min EPS beat(4)18.27%
Max EPS beat(4)163.95%
EPS beat(8)8
Avg EPS beat(8)40.33%
EPS beat(12)12
Avg EPS beat(12)31.33%
EPS beat(16)16
Avg EPS beat(16)28.84%
Revenue beat(2)2
Avg Revenue beat(2)6.67%
Min Revenue beat(2)4.69%
Max Revenue beat(2)8.66%
Revenue beat(4)4
Avg Revenue beat(4)4.62%
Min Revenue beat(4)2.12%
Max Revenue beat(4)8.66%
Revenue beat(8)7
Avg Revenue beat(8)2.58%
Revenue beat(12)11
Avg Revenue beat(12)2.76%
Revenue beat(16)15
Avg Revenue beat(16)2.72%
PT rev (1m)-2.39%
PT rev (3m)0.36%
EPS NQ rev (1m)-31.58%
EPS NQ rev (3m)-32.49%
EPS NY rev (1m)-18.93%
EPS NY rev (3m)-19.69%
Revenue NQ rev (1m)-6.96%
Revenue NQ rev (3m)-7.29%
Revenue NY rev (1m)-3.8%
Revenue NY rev (3m)-3.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.62 | ||
| Fwd PE | 23.06 | ||
| P/S | 3.14 | ||
| P/FCF | 24.64 | ||
| P/OCF | 22.28 | ||
| P/B | 2.55 | ||
| P/tB | 2.55 | ||
| EV/EBITDA | 15.16 |
EPS(TTM)4.87
EY5.67%
EPS(NY)3.72
Fwd EY4.34%
FCF(TTM)3.48
FCFY4.06%
OCF(TTM)3.85
OCFY4.49%
SpS27.31
BVpS33.68
TBVpS33.68
PEG (NY)N/A
PEG (5Y)0.61
Graham Number60.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.83% | ||
| ROE | 11.62% | ||
| ROCE | 10.25% | ||
| ROIC | 8.93% | ||
| ROICexc | 13.17% | ||
| ROICexgc | 13.17% | ||
| OM | 14.22% | ||
| PM (TTM) | 14.33% | ||
| GM | 44.91% | ||
| FCFM | 12.75% |
ROA(3y)14.31%
ROA(5y)14.82%
ROE(3y)19.98%
ROE(5y)21.14%
ROIC(3y)16.09%
ROIC(5y)18.16%
ROICexc(3y)30.86%
ROICexc(5y)36.82%
ROICexgc(3y)30.86%
ROICexgc(5y)36.82%
ROCE(3y)18.46%
ROCE(5y)20.85%
ROICexgc growth 3Y-38.1%
ROICexgc growth 5Y-2.58%
ROICexc growth 3Y-38.1%
ROICexc growth 5Y-2.58%
OM growth 3Y-14.92%
OM growth 5Y3.08%
PM growth 3Y-10.37%
PM growth 5Y6.35%
GM growth 3Y0.94%
GM growth 5Y1.43%
F-Score5
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 0.4 | ||
| Debt/EBITDA | 0.3 | ||
| Cap/Depr | 64.13% | ||
| Cap/Sales | 1.35% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 86.4% | ||
| Profit Quality | 89% | ||
| Current Ratio | 4.77 | ||
| Quick Ratio | 3.11 | ||
| Altman-Z | 6.92 |
F-Score5
WACC11.35%
ROIC/WACC0.79
Cap/Depr(3y)99.74%
Cap/Depr(5y)94.41%
Cap/Sales(3y)1.46%
Cap/Sales(5y)1.37%
Profit Quality(3y)69.44%
Profit Quality(5y)92.72%
High Growth Momentum
Growth
EPS 1Y (TTM)-20.81%
EPS 3Y-3.74%
EPS 5Y29.06%
EPS Q2Q%-3.25%
EPS Next Y-23.59%
EPS Next 2Y-2.8%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-17.57%
Revenue growth 3Y-3.02%
Revenue growth 5Y12.07%
Sales Q2Q%-5.58%
Revenue Next Year2.78%
Revenue Next 2Y5.32%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-43.57%
EBIT growth 3Y-17.49%
EBIT growth 5Y15.52%
EBIT Next Year-9.22%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-16.81%
FCF growth 3Y-19.47%
FCF growth 5Y11.43%
OCF growth 1Y-15.99%
OCF growth 3Y-18.13%
OCF growth 5Y11.16%
AXCELIS TECHNOLOGIES INC / ACLS FAQ
Can you provide the ChartMill fundamental rating for AXCELIS TECHNOLOGIES INC?
ChartMill assigns a fundamental rating of 6 / 10 to ACLS.
Can you provide the valuation status for AXCELIS TECHNOLOGIES INC?
ChartMill assigns a valuation rating of 5 / 10 to AXCELIS TECHNOLOGIES INC (ACLS). This can be considered as Fairly Valued.
What is the profitability of ACLS stock?
AXCELIS TECHNOLOGIES INC (ACLS) has a profitability rating of 8 / 10.
What is the valuation of AXCELIS TECHNOLOGIES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for AXCELIS TECHNOLOGIES INC (ACLS) is 17.62 and the Price/Book (PB) ratio is 2.55.
What is the earnings growth outlook for AXCELIS TECHNOLOGIES INC?
The Earnings per Share (EPS) of AXCELIS TECHNOLOGIES INC (ACLS) is expected to decline by -23.59% in the next year.