AXT, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.97 USD | +2.41% |
|
+7.22% | +23.75% |
| Apr. 08 | AXT, Inc. Revises Revenue Guidance for the First Quarter 2024 | CI |
| Apr. 05 | B. Riley Ups Price Target on AXT to $5.50 From $3.80, Maintains Buy Rating | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 171.9 | 387.1 | 368.5 | 187.4 | 102.5 | 127.8 | - |
| Enterprise Value (EV) 1 | 171.9 | 387.1 | 340.5 | 183.8 | 103.2 | 143.5 | 163 |
| P/E ratio | -62.1 x | 137 x | 25.9 x | 11.8 x | -5.71 x | -14.1 x | 17.5 x |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 2.06 x | 4.06 x | 2.68 x | 1.33 x | 1.35 x | 1.4 x | 0.98 x |
| EV / Revenue | 2.06 x | 4.06 x | 2.48 x | 1.3 x | 1.36 x | 1.57 x | 1.25 x |
| EV / EBITDA | 22.7 x | 35.5 x | 13.9 x | 7.45 x | -11.1 x | -33.7 x | 15.3 x |
| EV / FCF | -18.8 x | - | -10.3 x | - | -14.6 x | -8.13 x | -21.5 x |
| FCF Yield | -5.31% | - | -9.68% | - | -6.85% | -12.3% | -4.64% |
| Price to Book | 0.94 x | 2.08 x | 1.79 x | 0.86 x | 0.5 x | 0.66 x | 0.65 x |
| Nbr of stocks (in thousands) | 39,522 | 40,445 | 41,833 | 42,778 | 42,714 | 43,028 | - |
| Reference price 2 | 4.350 | 9.570 | 8.810 | 4.380 | 2.400 | 2.970 | 2.970 |
| Announcement Date | 2/19/20 | 2/18/21 | 2/16/22 | 2/16/23 | 2/22/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 83.26 | 95.36 | 137.4 | 141.1 | 75.8 | 91.3 | 130.6 |
| EBITDA 1 | 7.563 | 10.9 | 24.49 | 24.68 | -9.307 | -4.253 | 10.64 |
| EBIT 1 | -0.314 | 3.94 | 12.9 | 12.55 | -21.57 | -11.2 | 6.912 |
| Operating Margin | -0.38% | 4.13% | 9.39% | 8.9% | -28.46% | -12.27% | 5.29% |
| Earnings before Tax (EBT) 1 | -1.026 | 7.072 | 17.6 | 20.93 | -19.03 | -5 | 15.7 |
| Net income 1 | -2.6 | 3.238 | 14.58 | 15.81 | -17.88 | -9.05 | 7.35 |
| Net margin | -3.12% | 3.4% | 10.61% | 11.2% | -23.59% | -9.91% | 5.63% |
| EPS 2 | -0.0700 | 0.0700 | 0.3400 | 0.3700 | -0.4200 | -0.2100 | 0.1700 |
| Free Cash Flow 1 | -9.134 | - | -32.95 | - | -7.072 | -17.65 | -7.564 |
| FCF margin | -10.97% | - | -23.98% | - | -9.33% | -19.34% | -5.79% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 2/19/20 | 2/18/21 | 2/16/22 | 2/16/23 | 2/22/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 34.58 | 37.73 | 39.65 | 39.49 | 35.18 | 26.8 | 19.4 | 18.6 | 17.37 | 20.43 | 21.75 | 21.6 | 24.2 | 24.5 | 28.11 |
| EBITDA 1 | 4.22 | - | 6.77 | 8.438 | 7.658 | 1.813 | -1.404 | -2.896 | -3.655 | -0.44 | -1.863 | -1.356 | -0.8635 | -0.2195 | -0.422 |
| EBIT 1 | 2.396 | 3.034 | 3.699 | 5.289 | 4.567 | -1.001 | -4.437 | -5.933 | -6.727 | -3.56 | -3.785 | -3.243 | -2.665 | -1.528 | -0.6073 |
| Operating Margin | 6.93% | 8.04% | 9.33% | 13.39% | 12.98% | -3.74% | -22.87% | -31.91% | -38.74% | -17.43% | -17.4% | -15.01% | -11.01% | -6.24% | -2.16% |
| Earnings before Tax (EBT) 1 | 4.361 | 3.222 | 4.632 | 7.572 | 7.231 | 1.492 | -3.518 | -5.492 | -6.516 | -3.507 | -3.5 | -2.3 | -0.8 | 1.6 | 1.4 |
| Net income 1 | 3.8 | 2.965 | 3.165 | 5.546 | 5.759 | 1.341 | -3.348 | -5.089 | -5.823 | -3.621 | -3.55 | -2.85 | -2.15 | -0.5 | 0.05 |
| Net margin | 10.99% | 7.86% | 7.98% | 14.05% | 16.37% | 5% | -17.25% | -27.37% | -33.53% | -17.72% | -16.32% | -13.19% | -8.88% | -2.04% | 0.18% |
| EPS 2 | 0.0900 | 0.0700 | 0.0700 | 0.1300 | 0.1300 | 0.0300 | -0.0800 | -0.1200 | -0.1400 | -0.0900 | -0.0850 | -0.0650 | -0.0500 | -0.0100 | 0.005000 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 10/27/21 | 2/16/22 | 4/28/22 | 7/28/22 | 10/27/22 | 2/16/23 | 4/27/23 | 8/3/23 | 11/2/23 | 2/22/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | 0.67 | 15.7 | 35.2 |
| Net Cash position 1 | - | - | 28.1 | 3.61 | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | -0.0717 x | -3.692 x | 3.31 x |
| Free Cash Flow 1 | -9.13 | - | -33 | - | -7.07 | -17.7 | -7.56 |
| ROE (net income / shareholders' equity) | - | - | - | 9.15% | -6.74% | -4.7% | 1.9% |
| ROA (Net income/ Total Assets) | - | - | - | 5.64% | -3.94% | -2.6% | 1% |
| Assets 1 | - | - | - | 280.3 | 454.3 | 348.1 | 735 |
| Book Value Per Share 2 | 4.620 | 4.590 | 4.930 | 5.090 | 4.780 | 4.470 | 4.540 |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex 1 | 21.8 | 19.9 | 29.6 | 28.5 | 10.5 | 7 | - |
| Capex / Sales | 26.17% | 20.82% | 21.58% | 20.17% | 13.82% | 7.67% | - |
| Announcement Date | 2/19/20 | 2/18/21 | 2/16/22 | 2/16/23 | 2/22/24 | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D+
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
2.97
USD
Average target price
5.5
USD
Spread / Average Target
+85.19%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +23.75% | 128M | |
| +77.16% | 2,159B | |
| +20.41% | 623B | |
| +31.87% | 622B | |
| +6.78% | 254B | |
| +14.54% | 185B | |
| +4.12% | 162B | |
| -36.56% | 136B | |
| +34.57% | 127B | |
| +35.67% | 105B |
- Stock Market
- Equities
- AXTI Stock
- Financials AXT, Inc.
