Axcelis Z Score

ACLS
 Stock
  

USD 78.76  0.45  0.57%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Please continue to Axcelis Technologies Piotroski F Score and Axcelis Technologies Valuation analysis.
  
Axcelis Technologies Return on Invested Capital is relatively stable at the moment as compared to the past year. Axcelis Technologies reported last year Return on Invested Capital of 0.34. As of 12/04/2022, Market Capitalization is likely to grow to about 2.7 B, while Capital Expenditure is likely to drop (8.9 M). Axcelis Technologies Revenues is relatively stable at the moment as compared to the past year. Axcelis Technologies reported last year Revenues of 662.43 Million. As of 12/04/2022, Income Tax Expense is likely to grow to about 23.5 M, while Gross Profit is likely to drop slightly above 228.2 M.

Axcelis Z Score Analysis

Axcelis Technologies' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 2019 2020 2021 (projected)
Long Term Debt to Equity0.110.09840.0861
Interest Coverage11.012.9827.52
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Axcelis Technologies Z Score

    
  29.0  
Most of Axcelis Technologies' fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Axcelis Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

Axcelis Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Axcelis Technologies is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Axcelis Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Axcelis Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Axcelis Technologies' interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

In accordance with the company's disclosures, Axcelis Technologies has a Z Score of 29.0. This is 115.61% higher than that of the Semiconductors & Semiconductor Equipment sector and notably higher than that of the Information Technology industry. The z score for all United States stocks is notably lower than that of the firm.

Axcelis Technologies Current Valuation Drivers

We derive many important indicators used in calculating different scores of Axcelis Technologies from analyzing Axcelis Technologies' financial statements. These drivers represent accounts that assess Axcelis Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Axcelis Technologies' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee128.89 K42.52 K16.88 K49.65 K82.55 K89.07 K
Revenue Per Employee416.81 K410.17 K339.9 K471.38 K554.33 K598.1 K
Average Assets387.17 M520.31 M534.78 M591.6 M688.54 M587.43 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA50.44 M60.69 M25.72 M63.76 M129.25 M139.46 M
Earnings Before Interest Taxes and Depreciation Amortization USD53.95 M65.59 M33.96 M71.04 M136.08 M146.82 M
Earnings before Tax43.83 M54.7 M20.92 M55.89 M120.43 M129.94 M
Average Equity265.67 M390.64 M412.47 M453.62 M508.1 M434.15 M
Enterprise Value835.37 M475.97 M674.27 M811.73 M2.26 B2.44 B
Free Cash Flow49 M42.25 M(25.56 M)62.44 M141.47 M152.64 M
Invested Capital322.49 M333.21 M388.1 M384.86 M355.57 M338.15 M
Invested Capital Average261.31 M340.18 M372.1 M365.84 M368.68 M342.01 M
Market Capitalization901.56 M576.94 M781.19 M975.4 M2.48 B2.68 B
Tangible Asset Value488.22 M548.44 M548.09 M624.62 M753.24 M633.24 M
Working Capital260.49 M311.77 M307.01 M386.36 M469.11 M389.31 M

Axcelis Technologies Institutional Holders

Institutional Holdings refers to the ownership stake in Axcelis Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Axcelis Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Axcelis Technologies' value.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares15.7 K948 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares8.5 K466 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares9.2 K692 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.2 K463 K
Zurcher Kantonalbank Zurich CantonalbankCommon SharesK190 K
Zurcher Kantonalbank Zurich CantonalbankCommon SharesK164 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares4.9 K202 K

Axcelis Fundamentals

About Axcelis Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Axcelis Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Axcelis Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Axcelis Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and Asia. The company was founded in 1978 and is headquartered in Beverly, Massachusetts. Axcelis Tech operates under Semiconductor Equipment Materials classification in the United States and is traded on NASDAQ Exchange. It employs 1122 people.

Axcelis Technologies Investors Sentiment

The influence of Axcelis Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Axcelis. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Axcelis Technologies' public news can be used to forecast risks associated with investment in Axcelis. The trend in average sentiment can be used to explain how an investor holding Axcelis can time the market purely based on public headlines and social activities around Axcelis Technologies. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Axcelis Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Axcelis Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Axcelis Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Axcelis Technologies.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Axcelis Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Axcelis Technologies' short interest history, or implied volatility extrapolated from Axcelis Technologies options trading.

Pair Trading with Axcelis Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Axcelis Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Axcelis Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Axcelis Technologies

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+0.87AVGOBroadcom Fiscal Year End 8th of December 2022 PairCorr
The ability to find closely correlated positions to Axcelis Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axcelis Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Axcelis Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Axcelis Technologies to buy it.
The correlation of Axcelis Technologies is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Axcelis Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axcelis Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Axcelis Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Axcelis Technologies Piotroski F Score and Axcelis Technologies Valuation analysis. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for analysis

When running Axcelis Technologies price analysis, check to measure Axcelis Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Axcelis Technologies is operating at the current time. Most of Axcelis Technologies' value examination focuses on studying past and present price action to predict the probability of Axcelis Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Axcelis Technologies' price. Additionally, you may evaluate how the addition of Axcelis Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Axcelis Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Axcelis Technologies. If investors know Axcelis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Axcelis Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.49
Market Capitalization
2.6 B
Quarterly Revenue Growth YOY
0.3
Return On Assets
0.16
Return On Equity
28.73
The market value of Axcelis Technologies is measured differently than its book value, which is the value of Axcelis that is recorded on the company's balance sheet. Investors also form their own opinion of Axcelis Technologies' value that differs from its market value or its book value, called intrinsic value, which is Axcelis Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Axcelis Technologies' market value can be influenced by many factors that don't directly affect Axcelis Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Axcelis Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Axcelis Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axcelis Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.