(ASYS) Amtech Systems - Overview
Sector: Technology | Industry: Semiconductor Equipment & Materials | Exchange: NASDAQ (USA) | Market Cap: 308m USD | Total Return: 366.9% in 12m
Avg Turnover: 7.88M
Qual. Beats: 0
Rev. Trend: -96.9%
Qual. Beats: 0
Warnings
P/E ratio 118.2
Fakeout Below Avwap Earnings
Tailwinds
Supp Ema20, Rs Leader
Amtech Systems, Inc. (ASYS) designs and manufactures capital equipment and consumables essential for the fabrication and packaging of semiconductor devices. The company operates through two primary segments: Thermal Processing Solutions and Semiconductor Fabrication Solutions, serving a global client base across North America, Europe, and Asia. Its product portfolio includes solder reflow equipment, horizontal diffusion furnaces, and chemical mechanical polishing (CMP) consumables used by electronics assembly and substrate manufacturers.
The semiconductor equipment sector is characterized by high cyclicality and significant research and development requirements to meet the shrinking geometries of advanced chips. Amtech utilizes a diversified revenue model by providing both high-value capital machinery and recurring consumables, such as lubricants and polishing templates, which help mitigate volatility during industry downturns. For a deeper look into these fundamental drivers, ValueRay provides additional data points.
Headquartered in Tempe, Arizona, the company maintains a global distribution network of independent representatives and direct sales personnel. Amtech supports specialized industrial applications beyond traditional semiconductors, including the ceramics and optics industries, through its established brands like PR Hoffman and Entrepix.
- Demand for advanced semiconductor packaging equipment drives thermal processing revenue
- Global electric vehicle adoption accelerates power semiconductor substrate furnace sales
- Silicon carbide wafer polishing consumables provide recurring high-margin revenue streams
- Cyclical capital expenditure shifts in Asian semiconductor fabrication markets impact volume
- Raw material cost fluctuations and supply chain logistics affect manufacturing margins
| Net Income: 1.99m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 4.52 > 1.0 |
| NWC/Revenue: 54.97% < 20% (prev 41.23%; Δ 13.74% < -1%) |
| CFO/TA 0.11 > 3% & CFO 11.0m > Net Income 1.99m |
| Net Debt (-5.66m) to EBITDA (7.25m): -0.78 < 3 |
| Current Ratio: 2.87 > 1.5 & < 3 |
| Outstanding Shares: last quarter (14.8m) vs 12m ago 3.75% < -2% |
| Gross Margin: 45.93% > 18% (prev 31.49%; Δ 14.44% > 0.5%) |
| Asset Turnover: 87.21% > 50% (prev 108.9%; Δ -21.68% > 0%) |
| Interest Coverage Ratio: 172.7 > 6 (EBIT TTM 4.83m / Interest Expense TTM 28.0k) |
| A: 0.44 (Total Current Assets 66.5m - Total Current Liabilities 23.2m) / Total Assets 97.4m |
| B: -0.77 (Retained Earnings -74.6m / Total Assets 97.4m) |
| C: 0.05 (EBIT TTM 4.83m / Avg Total Assets 90.4m) |
| D: 1.35 (Book Value of Equity 56.0m / Total Liabilities 41.4m) |
| Altman-Z'' = 2.20 = BBB |
| DSRI: 1.34 (Receivables 18.9m/16.3m, Revenue 78.8m/90.8m) |
| GMI: 0.69 (GM 31.49% / 45.93%) |
| AQI: 1.03 (AQ_t 0.04 / AQ_t-1 0.04) |
| SGI: 0.87 (Revenue 78.8m / 90.8m) |
| TATA: -0.09 (NI 1.99m - CFO 11.0m) / TA 97.4m) |
| Beneish M = -3.12 (Cap -4..+1) = AA |
As of June 08, 2026, the stock is trading at USD 18.49 with a total of 457,966 shares traded.
Over the past week, the price has changed by -13.07%,
over one month by +1.54%,
over three months by +44.12% and
over the past year by +366.92%.
Amtech Systems has received a consensus analysts rating of 3.50. Therefore, it is recommended to hold ASYS.
- StrongBuy: 0
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 22 | 19% |
P/E Trailing = 118.1667
P/E Forward = 66.6667
P/S = 3.9117
P/B = 5.5395
P/EG = 0.3675
Revenue TTM = 78.8m USD
EBIT TTM = 4.83m USD
EBITDA TTM = 7.25m USD
Long Term Debt = 16.4m USD (estimated: total debt 18.8m - short term 2.31m)
Short Term Debt = 2.31m USD (from shortTermDebt, last quarter)
Debt = 18.8m USD (from shortLongTermDebtTotal, last quarter) (leases 18.8m already included)
Net Debt = -5.66m USD (calculated: Debt 18.8m - CCE 24.4m)
Enterprise Value = 302.7m USD (308.4m + Debt 18.8m - CCE 24.4m)
Interest Coverage Ratio = 172.7 (Ebit TTM 4.83m / Interest Expense TTM 28.0k)
EV/FCF = 31.14x (Enterprise Value 302.7m / FCF TTM 9.72m)
FCF Yield = 3.21% (FCF TTM 9.72m / Enterprise Value 302.7m)
FCF Margin = 12.33% (FCF TTM 9.72m / Revenue TTM 78.8m)
Net Margin = 2.52% (Net Income TTM 1.99m / Revenue TTM 78.8m)
Gross Margin = 45.93% ((Revenue TTM 78.8m - Cost of Revenue TTM 42.6m) / Revenue TTM)
Gross Margin QoQ = 47.73% (prev 44.76%)
Tobins Q-Ratio = 3.11 (Enterprise Value 302.7m / Total Assets 97.4m)
Interest Expense / Debt = 0.15% (Interest Expense 28.0k / Debt 18.8m)
Taxrate = 30.10% (502k / 1.67m)
NOPAT = 3.38m (EBIT 4.83m * (1 - 30.10%))
Current Ratio = 2.87 (Total Current Assets 66.5m / Total Current Liabilities 23.2m)
Debt / Equity = 0.33 (Debt 18.8m / totalStockholderEquity, last quarter 56.0m)
Debt / EBITDA = -0.78 (Net Debt -5.66m / EBITDA 7.25m)
Debt / FCF = -0.58 (Net Debt -5.66m / FCF TTM 9.72m)
Total Stockholder Equity = 53.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.20% (Net Income 1.99m / Total Assets 97.4m)
RoE = 3.70% (Net Income TTM 1.99m / Total Stockholder Equity 53.8m)
RoCE = 6.88% (EBIT 4.83m / Capital Employed (Equity 53.8m + L.T.Debt 16.4m))
RoIC = 4.66% (NOPAT 3.38m / Invested Capital 72.6m)
WACC = 12.03% (E(308.4m)/V(327.2m) * Re(12.76%) + D(18.8m)/V(327.2m) * Rd(0.15%) * (1-Tc(0.30)))
Discount Rate = 12.76% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 86.67 | Cagr: 1.99%
[DCF] Terminal Value 67.01% ; FCFF base≈7.66m ; Y1≈8.78m ; Y5≈12.9m
[DCF] Fair Price = 8.49 (EV 117.4m - Net Debt -5.66m = Equity 123.1m / Shares 14.5m; r=12.03% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.06 | # QB: 0
Revenue Correlation: -96.87 | Revenue CAGR: -16.29% | SUE: 0.53 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.10 | Chg30d=+42.86% | Revisions=N/A | Analysts=1
EPS current Year (2026-09-30): EPS=0.32 | Chg30d=+28.00% | Revisions=-20% | GrowthEPS=+540.0% | GrowthRev=+5.1%
EPS next Year (2027-09-30): EPS=0.80 | Chg30d=+6.67% | Revisions=N/A | GrowthEPS=+150.0% | GrowthRev=+13.9%