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Axcelis Technologies Inc
NASDAQ:ACLS

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Axcelis Technologies Inc
NASDAQ:ACLS
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Price: 118.73 USD -0.03% Market Closed
Market Cap: $3.6B

EV/OCF

28
Current
55%
More Expensive
vs 3-y median of 18

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
28
=
Enterprise Value
$2.7B
/
Operating Cash Flow
$118.3m

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
28
=
Enterprise Value
$2.7B
/
Operating Cash Flow
$118.3m

Valuation Scenarios

Axcelis Technologies Inc is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (18), the stock would be worth $76.45 (36% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-40%
Maximum Upside
+2%
Average Downside
28%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 28 $118.73
0%
3-Year Average 18 $76.45
-36%
5-Year Average 17.4 $73.59
-38%
Industry Average 28.7 $121.48
+2%
Country Average 16.7 $70.7
-40%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
US
Axcelis Technologies Inc
NASDAQ:ACLS
3.6B USD 28 30.3
NL
ASML Holding NV
AEX:ASML
479.5B EUR 33.6 46.5
US
Lam Research Corp
NASDAQ:LRCX
334.8B USD 46.7 53.9
US
Applied Materials Inc
NASDAQ:AMAT
315B USD 35.9 40.2
US
KLA Corp
NASDAQ:KLAC
234.9B USD 49.3 51.5
US
Brooks Automation Inc
LSE:0HQ1
225.9B USD 3 613.7 -3 904.6
JP
Tokyo Electron Ltd
TSE:8035
20.3T JPY 39.7 40.3
JP
Advantest Corp
TSE:6857
19.7T JPY 57.9 68.2
US
Teradyne Inc
NASDAQ:TER
59.4B USD 87.8 107.1
CN
NAURA Technology Group Co Ltd
SZSE:002371
340.3B CNY -235.1 54.1
JP
Disco Corp
TSE:6146
7.9T JPY 77.4 60.3
P/E Multiple
Earnings Growth PEG
US
Axcelis Technologies Inc
NASDAQ:ACLS
Average P/E: 55.2
30.3
N/A N/A
NL
ASML Holding NV
AEX:ASML
46.5
20%
2.3
US
Lam Research Corp
NASDAQ:LRCX
53.9
24%
2.2
US
Applied Materials Inc
NASDAQ:AMAT
40.2
20%
2
US
KLA Corp
NASDAQ:KLAC
51.5
22%
2.3
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -3 904.6 N/A N/A
JP
Tokyo Electron Ltd
TSE:8035
40.3
13%
3.1
JP
Advantest Corp
TSE:6857
68.2
50%
1.4
US
Teradyne Inc
NASDAQ:TER
107.1
44%
2.4
CN
NAURA Technology Group Co Ltd
SZSE:002371
54.1
30%
1.8
JP
Disco Corp
TSE:6146
60.3
16%
3.8

Market Distribution

Higher than 79% of companies in the United States of America
Percentile
79th
Based on 9 518 companies
79th percentile
28
Low
0 — 11.7
Typical Range
11.7 — 23.6
High
23.6 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 11.7
Median 16.7
70th Percentile 23.6
Max 3 178 983.5

Axcelis Technologies Inc
Glance View

Axcelis Technologies Inc., a dynamic player in the semiconductor equipment industry, has carved its niche with a focus on ion implantation systems, an essential component in the fabrication of semiconductor chips. Picture a bustling factory floor, where intricate machines whir with precision; this is the heart of Axcelis's operations. The company designs and manufactures these high-tech systems that are crucial in controlling the electrical characteristics of silicon wafers. Through a process involving the acceleration and embedding of ions into the silicon lattice, Axcelis's technology plays a critical role in determining the speed, power consumption, and efficiency of electronic devices. This specialization has allowed the company to establish itself as a backbone in the semiconductor supply chain, supporting industries from consumer electronics to automotive manufacturing. Revenue for Axcelis is primarily derived from the sale of these ion implantation systems and the accompanying extensive aftermarket services. Imagine a meticulous caretaker, ensuring that each machine it has placed in the vast network of global factories runs seamlessly. The company not only provides initial installations but also offers maintenance, spare parts, and system upgrades—integral components that ensure the prolonged lifecycle and enhanced performance of its equipment. As the semiconductor industry continues to experience rapid evolution, driven by the increasing demand for more powerful and efficient chips, Axcelis finds itself in a favorable position. By continually investing in research and development, the company aims to adapt its technology to the ever-changing needs of chip manufacturers, securing its place in the competitive landscape.

ACLS Intrinsic Value
78.21 USD
Overvaluation 34%
Intrinsic Value
Price $118.73
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