Axcelis Technologies
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
10.017.04
Price/Sales ratio
2.191.79
Earnings per Share (EPS)
$8.08$11.5

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-25.3220.1838.616.9713.1846.0519.3725.3614.3217.2522.5613.18
Price/Sales ratio
1.400.981.592.151.362.282.043.772.853.754.481.36
Price/Book Value ratio
1.691.552.102.501.481.872.014.643.924.916.191.48
Price/Cash Flow ratio
-17.7716.22-48.2715.7312.88-57.7013.8916.6512.1627.0819.1512.88
Price/Free Cash Flow ratio
-16.7118.03-37.5718.0714.31-30.6815.5517.6812.7931.1820.1514.31
Price/Earnings Growth ratio
0.67-0.08-1.430.00-0.19-0.740.100.260.160.480.27-0.19
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
34.55%33.73%37.30%36.59%40.58%42.03%41.84%43.24%43.67%43.45%43.67%40.58%
Operating Profit Margin
-5.25%6.87%6.22%11.65%13.54%5.30%12.23%19.22%23.08%23.50%23.08%13.54%
Pretax Profit Margin
-5.00%5.04%4.12%10.67%12.36%6.10%11.77%18.17%22.27%24.64%22.27%12.36%
Net Profit Margin
-5.54%4.86%4.12%30.92%10.36%4.96%10.53%14.89%19.89%21.78%19.89%10.36%
Effective Tax Rate
-10.80%3.46%0.20%-189.65%16.12%18.58%10.56%18.08%10.64%11.60%10.64%18.58%
Return on Assets
-4.94%5.09%3.63%26.00%8.36%3.10%8.00%13.09%18.06%19.20%18.06%8.36%
Return On Equity
-6.69%7.71%5.46%35.90%11.23%4.06%10.37%18.30%27.43%28.47%30.15%11.23%
Return on Capital Employed
-5.52%8.38%6.43%11.62%12.93%3.79%10.74%21.11%27.74%26.66%27.74%12.93%
Liquidity Ratios
Current Ratio
3.555.325.044.284.665.475.57N/AN/AN/A3.535.47
Quick Ratio
2.672.812.753.143.153.423.662.822.562.712.423.42
Cash ratio
0.881.911.601.742.092.032.411.960.740.580.742.03
Days of Sales Outstanding
76.9244.6369.1466.9464.9289.1366.8157.5367.3570.3667.3564.92
Days of Inventory outstanding
285.82211.74248.27169.02179.07257.70213.03189.28170.73174.98170.73257.70
Operating Cycle
362.75256.38317.41235.96243.99346.83279.84246.81238.09245.34187.34346.83
Days of Payables Outstanding
59.3436.2654.5045.7649.9146.5231.7536.9143.9131.0543.9146.52
Cash Conversion Cycle
303.41220.11262.90190.19194.08300.31248.08209.90194.18214.2865.54300.31
Debt Ratios
Debt Ratio
0.06N/AN/AN/AN/A0.000.000.000.000.000.340.34
Debt Equity Ratio
0.08N/AN/AN/AN/A0.000.000.010.010.010.510.51
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.06N/A
Total Debt to Capitalization
0.07N/AN/AN/AN/A0.000.000.010.010.010.060.06
Interest Coverage Ratio
-7.524.163.339.3411.734.6911.13N/AN/AN/A38.0811.73
Cash Flow to Debt Ratio
-1.10N/AN/AN/AN/A-4.3221.5926.8022.2914.074.64-4.32
Company Equity Multiplier
1.351.511.501.381.341.301.291.391.511.481.511.34
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.070.06-0.030.130.10-0.030.140.220.230.130.230.10
Free Cash Flow / Operating Cash Flow Ratio
1.060.891.280.870.891.880.890.940.950.860.950.89
Cash Flow Coverage Ratio
-1.10N/AN/AN/AN/A-4.3221.5926.8022.2914.074.64-4.32
Short Term Coverage Ratio
-1.10N/AN/AN/AN/A-4.3221.5926.8022.2914.07175.43175.43
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A