Axcelis Technologies Inc
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 the Asia Pacific. The company offers high energy, high current, and medium current implanters for various application requirements. It also provides aftermarket lifecycle products and services, including use… Read more
Axcelis Technologies Inc (ACLS) - Net Assets
Latest net assets as of September 2025: $1.02 Billion USD
Based on the latest financial reports, Axcelis Technologies Inc (ACLS) has net assets worth $1.02 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.35 Billion) and total liabilities ($331.80 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.02 Billion |
| % of Total Assets | 75.46% |
| Annual Growth Rate | 4.43% |
| 5-Year Change | 110.3% |
| 10-Year Change | 432.32% |
| Growth Volatility | 22.66 |
Axcelis Technologies Inc - Net Assets Trend (1999–2024)
This chart illustrates how Axcelis Technologies Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Axcelis Technologies Inc (1999–2024)
The table below shows the annual net assets of Axcelis Technologies Inc from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.01 Billion | +17.10% |
| 2023-12-31 | $864.88 Million | +29.62% |
| 2022-12-31 | $667.26 Million | +23.80% |
| 2021-12-31 | $538.96 Million | +11.91% |
| 2020-12-31 | $481.60 Million | +14.82% |
| 2019-12-31 | $419.43 Million | +2.72% |
| 2018-12-31 | $408.34 Million | +15.48% |
| 2017-12-31 | $353.61 Million | +75.53% |
| 2016-12-31 | $201.46 Million | +5.88% |
| 2015-12-31 | $190.26 Million | +13.01% |
| 2014-12-31 | $168.35 Million | -4.35% |
| 2013-12-31 | $176.00 Million | -5.41% |
| 2012-12-31 | $186.08 Million | -13.27% |
| 2011-12-31 | $214.56 Million | +4.37% |
| 2010-12-31 | $205.57 Million | -5.01% |
| 2009-12-31 | $216.40 Million | -32.24% |
| 2008-12-31 | $319.38 Million | -34.29% |
| 2007-12-31 | $486.01 Million | +1.77% |
| 2006-12-31 | $477.56 Million | +12.09% |
| 2005-12-31 | $426.04 Million | -3.93% |
| 2004-12-31 | $443.49 Million | +25.54% |
| 2003-12-31 | $353.25 Million | -21.94% |
| 2002-12-31 | $452.51 Million | -2.24% |
| 2001-12-31 | $462.86 Million | -5.80% |
| 2000-12-31 | $491.37 Million | +43.55% |
| 1999-12-31 | $342.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Axcelis Technologies Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 47031800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $470.32 Million | 46.44% |
| Common Stock | $32.00K | 0.00% |
| Other Comprehensive Income | $-6.21 Million | -0.61% |
| Other Components | $548.65 Million | 54.17% |
| Total Equity | $1.01 Billion | 100.00% |
Axcelis Technologies Inc Competitors by Market Cap
The table below lists competitors of Axcelis Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai International Port Group Co Ltd
SHG:600018
|
$2.63 Billion |
|
Anadolu Efes Biracilik ve Malt Sanayi AS
IS:AEFES
|
$2.63 Billion |
|
GENTING SG LTD. DL -10
F:36T
|
$2.63 Billion |
|
Wonik Ips Co. Ltd
KQ:240810
|
$2.63 Billion |
|
Navin Fluorine International Limited
NSE:NAVINFLUOR
|
$2.62 Billion |
|
Patterson Companies Inc
NASDAQ:PDCO
|
$2.62 Billion |
|
California Water Service Group
NYSE:CWT
|
$2.62 Billion |
|
Jumbo SA
F:5JB
|
$2.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Axcelis Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 864,882,000 to 1,012,790,000, a change of 147,908,000 (17.1%).
- Net income of 200,992,000 contributed positively to equity growth.
- Share repurchases of 60,489,000 reduced equity.
- Other comprehensive income decreased equity by 4,368,000.
- Other factors increased equity by 11,773,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $200.99 Million | +19.85% |
| Share Repurchases | $60.49 Million | -5.97% |
| Other Comprehensive Income | $-4.37 Million | -0.43% |
| Other Changes | $11.77 Million | +1.16% |
| Total Change | $- | 17.10% |
Book Value vs Market Value Analysis
This analysis compares Axcelis Technologies Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.75x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.89x to 2.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $14.47 | $85.15 | x |
| 2000-12-31 | $22.32 | $85.15 | x |
| 2001-12-31 | $19.04 | $85.15 | x |
| 2002-12-31 | $18.48 | $85.15 | x |
| 2003-12-31 | $14.34 | $85.15 | x |
| 2004-12-31 | $17.53 | $85.15 | x |
| 2005-12-31 | $16.99 | $85.15 | x |
| 2006-12-31 | $18.85 | $85.15 | x |
| 2007-12-31 | $19.08 | $85.15 | x |
| 2008-12-31 | $12.43 | $85.15 | x |
| 2009-12-31 | $8.36 | $85.15 | x |
| 2010-12-31 | $7.87 | $85.15 | x |
| 2011-12-31 | $7.87 | $85.15 | x |
| 2012-12-31 | $6.92 | $85.15 | x |
| 2013-12-31 | $6.47 | $85.15 | x |
| 2014-12-31 | $6.04 | $85.15 | x |
| 2015-12-31 | $6.29 | $85.15 | x |
| 2016-12-31 | $6.51 | $85.15 | x |
| 2017-12-31 | $10.58 | $85.15 | x |
| 2018-12-31 | $12.01 | $85.15 | x |
| 2019-12-31 | $12.40 | $85.15 | x |
| 2020-12-31 | $14.11 | $85.15 | x |
| 2021-12-31 | $15.73 | $85.15 | x |
| 2022-12-31 | $19.89 | $85.15 | x |
| 2023-12-31 | $26.08 | $85.15 | x |
| 2024-12-31 | $30.97 | $85.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Axcelis Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.85%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.75%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.33x
- Recent ROE (19.85%) is above the historical average (1.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 4.22% | 3.63% | 0.94x | 1.24x | $-19.80 Million |
| 2000 | 20.17% | 14.57% | 1.01x | 1.37x | $49.98 Million |
| 2001 | -4.36% | -5.52% | 0.66x | 1.19x | $-66.45 Million |
| 2002 | -5.78% | -8.44% | 0.46x | 1.48x | $-71.40 Million |
| 2003 | -32.24% | -35.37% | 0.55x | 1.66x | $-149.20 Million |
| 2004 | 16.73% | 14.60% | 0.74x | 1.55x | $29.83 Million |
| 2005 | -0.90% | -1.03% | 0.56x | 1.55x | $-46.46 Million |
| 2006 | 8.54% | 8.83% | 0.61x | 1.58x | $-6.99 Million |
| 2007 | -2.35% | -2.82% | 0.60x | 1.38x | $-60.00 Million |
| 2008 | -61.58% | -78.60% | 0.55x | 1.43x | $-228.60 Million |
| 2009 | -35.80% | -58.24% | 0.53x | 1.16x | $-99.11 Million |
| 2010 | -8.55% | -6.39% | 0.98x | 1.37x | $-38.13 Million |
| 2011 | 2.37% | 1.59% | 1.19x | 1.25x | $-16.38 Million |
| 2012 | -18.29% | -16.73% | 0.92x | 1.19x | $-52.64 Million |
| 2013 | -9.74% | -8.76% | 0.84x | 1.33x | $-34.74 Million |
| 2014 | -6.69% | -5.55% | 0.89x | 1.35x | $-28.10 Million |
| 2015 | 7.71% | 4.87% | 1.05x | 1.52x | $-4.35 Million |
| 2016 | 5.46% | 4.12% | 0.88x | 1.50x | $-9.14 Million |
| 2017 | 35.90% | 30.92% | 0.84x | 1.38x | $91.60 Million |
| 2018 | 11.24% | 10.37% | 0.81x | 1.34x | $5.05 Million |
| 2019 | 4.06% | 4.97% | 0.63x | 1.31x | $-24.91 Million |
| 2020 | 10.38% | 10.53% | 0.76x | 1.30x | $1.82 Million |
| 2021 | 18.30% | 14.89% | 0.88x | 1.40x | $44.75 Million |
| 2022 | 27.44% | 19.90% | 0.91x | 1.52x | $116.35 Million |
| 2023 | 28.47% | 21.78% | 0.88x | 1.48x | $159.77 Million |
| 2024 | 19.85% | 19.75% | 0.75x | 1.33x | $99.71 Million |
Industry Comparison
This section compares Axcelis Technologies Inc's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $17,250,004,335
- Average return on equity (ROE) among peers: 14.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Axcelis Technologies Inc (ACLS) | $1.02 Billion | 4.22% | 0.33x | $2.62 Billion |
| Acm Research Inc (ACMR) | $2.48 Million | 41.49% | 16.89x | $2.51 Billion |
| Advantest Corporation (ADTTF) | $140.94 Billion | 9.19% | 0.94x | $27.29 Billion |
| Aehr Test Systems (AEHR) | $11.28 Million | -4.26% | 0.28x | $1.01 Billion |
| AEM Holdings Ltd. (AEMFF) | $211.43 Million | 46.16% | 0.59x | $164.30 Million |
| AIXTRON SE (AIXXF) | $910.07 Million | 9.37% | 0.14x | $996.24 Million |
| Applied Materials Inc (AMAT) | $254.40 Million | 20.24% | 0.71x | $278.50 Billion |
| Ambarella Inc (AMBA) | $561.41 Million | -20.86% | 0.23x | $2.14 Billion |
| Amkor Technology Inc (AMKR) | $4.00 Billion | 9.01% | 0.69x | $5.65 Billion |
| ASML Holding NV (ASMLF) | $8.37 Billion | 16.95% | 0.56x | $267.08 Billion |