AXT Inc
Exchange: NASDAQSector: TechnologyIndustry: Semiconductor Equipment & Materials
AXT is a material science company that develops and manufactures high-performance compound and single element semiconductor substrate wafers comprising indium phosphide (InP), gallium arsenide (GaAs) and germanium (Ge). The company’s substrate wafers are used when a typical silicon substrate wafer cannot meet the performance requirements of a semiconductor or optoelectronic device. End markets include 5G infrastructure, data center connectivity (silicon photonics), passive optical networks, LED lighting, lasers, sensors, power amplifiers for wireless devices and satellite solar cells. AXT’s worldwide headquarters are in Fremont, California and includes sales, administration and customer service functions. AXT has its Asia headquarters in Beijing, China and manufacturing facilities in three separate locations in China. In addition, as part of its supply chain strategy, the Company has partial ownership in ten companies in China producing raw materials for its manufacturing process.
Did you know?
Currently trading near its 52-week high — in the top 0% of its range.
Current Price
$106.00
+10.42%Profile
Valuation (TTM)
Market Cap$4.94B
P/E-232.46
EV—
P/B18.08
Shares Out46.62M
P/Sales55.95
Revenue$88.33M
EV/EBITDA—
AXT Inc (AXTI) Stock Analysis
Market Cap$4.94B
Current Price$106.00
P/E Ratio-232.46
Forward P/E—
PEG Ratio6.97
EPS$-0.49
Book Value$5.86
P/B Ratio18.08
AXTI Financial Charts
FCF vs CAPEX
FCFCAPEX
Cash vs Debt
Net Cash: 64M
Revenue
83M
FY19
95M
FY20
137M
FY21
141M
FY22
76M
FY23
99M
FY24
88M
FY25
Net Income
—
FY19
3M
FY20
15M
FY21
16M
FY22
—
FY23
—
FY24
—
FY25
AXTI 52-Week Range
$1.25
$106.00
50-Day MA: $57.98200-Day MA: $22.04
Did you know?
Earnings per share grew at a 50.0% CAGR.
AXT Inc (AXTI) Financial Summary
AXT Inc (AXTI) is a Technology company in the Semiconductor Equipment & Materials industry, listed on NASDAQ. The stock currently trades at $106.00 with a market capitalization of $4.94B.
Key valuation metrics include a P/E ratio of -232.46, price-to-book ratio of 18.08, and EPS of $-0.49. The company reports a profit margin of -24.1% and return on equity of -7.8%.
AXTI Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $4.94B |
| P/E Ratio | -232.46 |
| EPS | $-0.49 |
| P/B Ratio | 18.08 |
| P/S Ratio | 55.95 |
| Profit Margin | -24.1% |
| Return on Equity | -7.8% |
| Debt/Equity | 0.24 |
AXTI Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $83.26M | $-2.60M |
| FY20 | $95.36M | $3.24M |
| FY21 | $137.39M | $14.57M |
| FY22 | $141.12M | $15.81M |
| FY23 | $75.80M | $-17.88M |
| FY24 | $99.36M | $-11.62M |
| FY25 | $88.33M | $-21.26M |
AXTI Quality Indicators
AXT Inc maintains a profit margin of -24.1% and an operating margin of -24.9%. Return on equity stands at -7.8%. The current ratio is 2.72. Debt-to-equity ratio is 0.24.
About AXT Inc
AXT is a material science company that develops and manufactures high-performance compound and single element semiconductor substrate wafers comprising indium phosphide (InP), gallium arsenide (GaAs) and germanium (Ge). The company’s substrate wafers are used when a typical silicon substrate wafer cannot meet the performance requirements of a semiconductor or optoelectronic device. End markets include 5G infrastructure, data center connectivity (silicon photonics), passive optical networks, LED lighting, lasers, sensors, power amplifiers for wireless devices and satellite solar cells. AXT’s worldwide headquarters are in Fremont, California and includes sales, administration and customer service functions. AXT has its Asia headquarters in Beijing, China and manufacturing facilities in three separate locations in China. In addition, as part of its supply chain strategy, the Company has partial ownership in ten companies in China producing raw materials for its manufacturing process.
AXTI Free Cash Flow
AXT Inc generated $-18.78M in trailing twelve-month free cash flow, representing an FCF yield of -0.38%. This low FCF yield may reflect heavy reinvestment or growth spending.
AXTI Shares Outstanding
AXT Inc has 0.05 billion shares outstanding at a share price of $106.00, giving it a market capitalization of $4.94B.