30 years of historical data (1996–2025) · Technology · Semiconductors
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Amtech Systems, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 37.3x P/FCF, 71% above the 5-year average of 21.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $258M | $132M | $82M | $107M | $121M | $164M | $69M | $75M | $80M | $162M | $65M |
| Enterprise Value | $260M | $134M | $89M | $127M | $86M | $149M | $35M | $28M | $30M | $119M | $48M |
| P/E Ratio → | -8.46 | — | — | — | 6.97 | 103.91 | — | 24.09 | 15.26 | 17.62 | — |
| P/S Ratio | 3.25 | 1.67 | 0.81 | 0.95 | 1.13 | 1.92 | 1.06 | 0.89 | 0.80 | 1.95 | 0.54 |
| P/B Ratio | 4.80 | 2.48 | 1.00 | 1.21 | 1.23 | 1.91 | 0.85 | 0.86 | 0.86 | 1.79 | 1.00 |
| P/FCF | 37.29 | 19.12 | 16.60 | — | 29.63 | — | — | — | 15.19 | 15.36 | — |
| P/OCF | 32.79 | 16.81 | 8.37 | — | 23.17 | — | — | 436.25 | 11.85 | 13.72 | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.69 | 0.88 | 1.12 | 0.81 | 1.75 | 0.53 | 0.33 | 0.30 | 1.43 | 0.40 |
| EV / EBITDA | — | — | — | — | 4.51 | 29.12 | 44.67 | 4.24 | 3.84 | 19.42 | — |
| EV / EBIT | — | — | — | — | 4.53 | 40.62 | — | 4.65 | 3.66 | 32.72 | — |
| EV / FCF | — | 19.35 | 17.91 | — | 21.10 | — | — | — | 5.75 | 11.31 | — |
Margins and return-on-capital ratios measuring operating efficiency
Amtech Systems, Inc. earns an operating margin of -35.9%. Operating margins have compressed from -13.2% to -35.9% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -44.7% indicates the company is currently destroying shareholder equity.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.0% | 34.0% | 35.8% | 31.4% | 37.2% | 40.5% | 37.3% | 39.2% | 36.9% | 37.4% | 28.3% |
| Operating Margin | -35.9% | -35.9% | -6.6% | -13.2% | 16.3% | 4.4% | -0.7% | 5.8% | 6.1% | 4.4% | -6.6% |
| Net Profit Margin | -38.2% | -38.2% | -8.4% | -11.1% | 16.3% | 1.8% | -24.0% | -6.1% | 5.3% | 11.0% | -5.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -44.7% | -44.7% | -9.9% | -13.5% | 18.9% | 1.8% | -18.6% | -5.7% | 5.8% | 11.7% | -10.2% |
| ROA | -28.6% | -28.6% | -6.6% | -9.3% | 13.9% | 1.4% | -13.8% | -3.7% | 3.1% | 5.9% | -5.7% |
| ROIC | -29.7% | -29.7% | -5.1% | -13.1% | 19.3% | 4.7% | -0.8% | 8.9% | 10.0% | 5.7% | -11.4% |
| ROCE | -33.2% | -33.2% | -6.5% | -13.7% | 16.3% | 3.8% | -0.5% | 4.9% | 5.8% | 3.9% | -9.5% |
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $2M ($20M total debt minus $18M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.37 | 0.37 | 0.21 | 0.37 | 0.12 | 0.21 | 0.13 | 0.06 | 0.09 | 0.09 | 0.16 |
| Debt / EBITDA | — | — | — | — | 0.64 | 3.54 | 13.41 | 0.84 | 1.05 | 1.38 | — |
| Net Debt / Equity | — | 0.03 | 0.08 | 0.22 | -0.35 | -0.17 | -0.43 | -0.54 | -0.54 | -0.47 | -0.27 |
| Net Debt / EBITDA | — | — | — | — | -1.83 | -2.87 | -44.90 | -7.18 | -6.31 | -6.95 | — |
| Debt / FCF | — | 0.23 | 1.31 | — | -8.53 | — | — | — | -9.44 | -4.05 | — |
| Interest Coverage | -1075.62 | -1075.62 | -12.48 | -28.20 | 115.54 | 15.37 | — | — | — | — | -18.96 |
Short-term solvency ratios and asset-utilisation metrics
Amtech Systems, Inc.'s current ratio of 2.94x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.02x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 2.73x to 2.94x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.94 | 2.94 | 3.20 | 2.73 | 4.55 | 5.35 | 10.24 | 3.53 | 2.75 | 1.83 | 2.18 |
| Quick Ratio | 2.02 | 2.02 | 1.87 | 1.56 | 3.42 | 3.89 | 7.93 | 2.96 | 2.21 | 1.48 | 1.57 |
| Cash Ratio | 0.87 | 0.87 | 0.55 | 0.44 | 2.07 | 2.17 | 6.03 | 1.73 | 1.29 | 0.59 | 0.73 |
| Asset Turnover | — | 0.85 | 0.85 | 0.83 | 0.80 | 0.73 | 0.64 | 0.67 | 0.67 | 0.43 | 1.02 |
| Inventory Turnover | 2.79 | 2.79 | 2.42 | 2.23 | 2.62 | 2.30 | 2.37 | 2.95 | 2.56 | 1.72 | 3.71 |
| Days Sales Outstanding | — | 91.79 | 81.07 | 87.31 | 85.89 | 100.87 | 70.28 | 55.41 | 66.67 | 161.66 | 80.51 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Amtech Systems, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 14.4% | 1.0% | — | 4.2% | 6.6% | 5.7% | — |
| FCF Yield | 2.7% | 5.2% | 6.0% | — | 3.4% | — | — | — | 6.6% | 6.5% | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 3.4% | 0.0% | 2.9% | 0.0% | 5.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 3.4% | 0.0% | 2.9% | 0.0% | 5.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $14M | $14M | $14M | $14M | $14M | $14M | $14M | $15M | $14M | $13M |
Compare ASYS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $258M | -8.5 | — | 37.3 | 34.0% | -35.9% | -44.7% | -29.7% | — | |
| $3B | 38.5 | 24.1 | — | 44.4% | 12.1% | 6.2% | 7.0% | 2.4 | |
| $5B | -219.5 | — | — | 12.7% | -24.9% | -7.2% | -6.0% | — | |
| $4B | -20.8 | 35.8 | 257.3 | 15.7% | 2.1% | -21.1% | 2.6% | 6.8 | |
| $7B | 81.5 | — | — | 48.9% | 25.2% | 23.1% | 13.7% | 1.7 | |
| $2B | -44.0 | — | — | 9.3% | -4.1% | -7.7% | -3.9% | — | |
| $19B | 65.8 | 25.7 | 39.0 | 40.4% | 14.4% | 11.7% | 6.5% | 5.2 | |
| $15B | 109.7 | 76.8 | 50.6 | 49.7% | 13.2% | 6.8% | 5.7% | 0.1 | |
| $2B | -30.5 | — | 212.1 | 34.5% | -13.3% | -9.0% | -5.7% | — | |
| $5B | 9999.0 | — | 49.6 | 46.8% | -5.3% | 0.0% | -3.7% | — | |
| $344B | 66.5 | 54.5 | 63.6 | 48.7% | 32.0% | 58.2% | 55.7% | 0.8 | |
| Technology Median | — | 26.7 | 17.5 | 19.5 | 48.9% | -0.6% | 2.5% | 3.0% | 2.9 |
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Amtech Systems, Inc.'s current P/E ratio is -8.5x. The historical average is 31.5x.
Amtech Systems, Inc.'s return on equity (ROE) is -44.7%. The historical average is -3.1%.
Based on historical data, Amtech Systems, Inc. is trading at a P/E of -8.5x. Compare with industry peers and growth rates for a complete picture.
Amtech Systems, Inc. has 34.0% gross margin and -35.9% operating margin.