Axcelis Technologies, Inc. (ACLS) is a publicly traded company in the Technology — Semiconductors industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Axcelis Technologies, Inc. is a company dedicated to the creation, production, and maintenance of specialized ion implantation and other essential processing machinery used in the fabrication of semiconductor chips. Operating internationally, its presence extends across North America, Europe, and Asia. The firm offers a wide array of implanter technologies, such as high-energy, high-current, and medium-current systems, designed to meet diverse application needs.
Is Axcelis Technologies, Inc. stock overvalued or undervalued in 2026?
Axcelis Technologies, Inc. (ACLS) trades at 33.6× earnings (P/E), above the median of the 314 technology companies over $2bn in Kaplio's universe. At the decade median (20.1×) $60 (-40 %); at its sector median (32.0×) $95 (-5 %).
Kaplio overview: Axcelis Technologies, Inc.
Market cap $3B · 52 weeks $74 – $192 (48 % below the high) · P/E 33.6× · 2027 expected P/E 19.0× · Dividend none · Next earnings November 5, 2026 · expected EPS $1.11 · Closing price, Oct 30 · accounts published Aug 6.
- Valuation: P/E 33.6× (expensive).
- Business: ROIC 7 % (weak).
- Balance sheet: Net cash/EBITDA 0.6× (solid).
- Earnings: 8 of 8 (uneven).
What would it be worth at its usual multiples?
At the decade median (20.1×) $60 (-40 %); at its sector median (32.0×) $95 (-5 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in technology: 2 of 7 pass
- 3y revenue growth −1.5 %, fails.
- FCF / Revenue 12.8 %, fails.
- ROIC 6.6 %, fails.
- EV/EBITDA vs own 5y 23.3×, fails.
- Gross margin 44.9 %, borderline.
- SBC / Revenue 2.5 %, passes.
- Net debt / EBITDA −0.6×, passes.
Against its peers (reference peers) — Axcelis Technologies, Inc.: P/E 33.6×; EV/EBITDA 23.3×; ROIC 6.6 %; $3.1B. ACM Research, Inc. (P/E 21.6×; EV/EBITDA 8.7×; ROIC 4.4 %; $2.9B), Kulicke and Soffa Industries, Inc. (P/E 34.2×; EV/EBITDA 22.1×; ROIC 10.2 %; $3.9B), Veeco Instruments Inc. (P/E 107×; EV/EBITDA 54.8×; ROIC 1.9 %; $2.4B).
Expensive or cheap against its last 8 years?
P/E at each close: today 33.6× · median 20.1× · minimum 6.9× · maximum 62.9× · cheap below 14.5× · expensive above 32.5×. It has been cheaper than today 82% of the time over its last 8 years.
Profitability
| Return on Equity | 8.91% |
| Return on Invested Capital | 6.58% |
| Return on Assets | 6.69% |
| Gross Margin | 43.01% |
| Operating Margin | 10.33% |
| Net Margin | 10.71% |
Financial Health
| Debt / Equity | 0.04 |
| Current Ratio | 4.90 |
| Piotroski F-Score | 4 |
| Altman Z-Score | 6.74 |
Price Performance
| 1 month | -26.80% |
| 3 months | -23.25% |
| Year-to-date | +24.56% |
| 1 year | +25.78% |
| 3 years | -21.51% |
| 5 years | +76.49% |
| 10 years | +644.01% |
Related companies: LRCX · KLAC · ENTG · KLIC · UCTT · ACMR · VECO · ONTO
Explore sector: Technology · Semiconductors
More sections of ACLS: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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