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 27.1x P/FCF, 24% 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 | $188M | $132M | $82M | $107M | $121M | $164M | $69M | $75M | $80M | $162M | $65M |
| Enterprise Value | $189M | $134M | $89M | $116M | $86M | $145M | $35M | $28M | $30M | $119M | $48M |
| P/E Ratio → | -6.16 | — | — | — | 6.97 | 103.91 | — | 24.09 | 15.26 | 17.62 | — |
| P/S Ratio | 2.37 | 1.67 | 0.81 | 0.95 | 1.13 | 1.92 | 1.06 | 0.89 | 0.46 | 0.98 | 0.54 |
| P/B Ratio | 3.50 | 2.48 | 1.00 | 1.21 | 1.23 | 1.91 | 0.85 | 0.86 | 0.86 | 1.79 | 1.00 |
| P/FCF | 27.11 | 19.12 | 16.60 | — | 29.63 | — | — | — | 15.19 | 15.36 | — |
| P/OCF | 23.84 | 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 | 1.03 | 0.80 | 1.71 | 0.53 | 0.33 | 0.17 | 0.72 | 0.40 |
| EV / EBITDA | — | — | — | — | 13.06 | 28.37 | 9.04 | 3.39 | 10.25 | 9.22 | — |
| EV / EBIT | — | — | — | — | 4.51 | 39.56 | — | 4.65 | 3.66 | 32.72 | — |
| EV / FCF | — | 19.35 | 17.91 | — | 21.02 | — | — | — | 5.75 | 11.31 | — |
Margins and return-on-capital ratios measuring operating efficiency
Amtech Systems, Inc. earns an operating margin of -5.8%. Operating margins have expanded from -13.2% to -5.8% over the past 3 years, signaling improving operational efficiency. 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% | 31.3% | 31.6% | 28.3% |
| Operating Margin | -5.8% | -5.8% | -6.6% | -13.2% | 4.5% | 4.4% | 4.2% | 8.4% | 1.1% | 6.3% | -6.6% |
| Net Profit Margin | -38.2% | -38.2% | -8.4% | -11.1% | 16.3% | 1.8% | -6.0% | 3.7% | 3.0% | 5.6% | -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% | -4.6% | 3.5% | 5.8% | 11.7% | -10.2% |
| ROA | -27.8% | -27.8% | -6.6% | -9.3% | 13.9% | 1.4% | -3.4% | 2.3% | 3.1% | 5.9% | -5.7% |
| ROIC | -4.8% | -4.8% | -5.4% | -14.0% | 5.5% | 4.9% | 4.7% | 12.9% | 3.2% | 16.3% | -11.4% |
| ROCE | -5.2% | -5.2% | -6.5% | -13.7% | 4.5% | 3.8% | 2.9% | 7.1% | 1.8% | 11.2% | -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 | 0.25 | 0.12 | 0.17 | 0.13 | 0.06 | 0.09 | 0.09 | 0.16 |
| Debt / EBITDA | — | — | — | — | 1.81 | 2.78 | 2.71 | 0.67 | 2.80 | 0.66 | — |
| Net Debt / Equity | — | 0.03 | 0.08 | 0.10 | -0.36 | -0.22 | -0.43 | -0.54 | -0.54 | -0.47 | -0.27 |
| Net Debt / EBITDA | — | — | — | — | -5.35 | -3.63 | -9.08 | -5.74 | -16.82 | -3.30 | — |
| Debt / FCF | — | 0.23 | 1.31 | — | -8.61 | — | — | — | -9.44 | -4.05 | — |
| Interest Coverage | -177.58 | -177.58 | -12.08 | -28.79 | 29.40 | 15.59 | — | — | — | — | -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 | 3.28 | 2.73 | 4.55 | 5.35 | 10.24 | 3.53 | 2.75 | 1.83 | 2.18 |
| Quick Ratio | 2.02 | 2.02 | 1.91 | 1.56 | 3.42 | 3.89 | 7.93 | 2.96 | 2.21 | 1.48 | 1.57 |
| Cash Ratio | 0.87 | 0.87 | 0.57 | 0.44 | 2.07 | 2.17 | 6.03 | 1.73 | 1.29 | 0.59 | 0.73 |
| Asset Turnover | — | 0.80 | 0.85 | 0.83 | 0.80 | 0.73 | 0.64 | 0.67 | 1.18 | 0.86 | 1.02 |
| Inventory Turnover | 2.79 | 2.79 | 2.42 | 2.23 | 2.62 | 2.30 | 2.37 | 2.95 | 4.91 | 3.73 | 3.71 |
| Days Sales Outstanding | — | 91.79 | 79.30 | 87.31 | 85.89 | 100.87 | 70.28 | 55.41 | 37.81 | 81.63 | 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 | 3.7% | 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 6 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| ASYSYou | $188M | -6.2 | — | 27.1 | 34.0% | -5.8% | -44.7% | -4.8% | — |
| ASML | $563B | 51.8 | 39.5 | 44.8 | 52.8% | 34.6% | 48.5% | 80.9% | 0.2 |
| AMAT | $295B | 43.0 | 35.1 | 51.8 | 48.7% | 29.2% | 35.5% | 33.3% | 0.8 |
| LRCX | $293B | 56.4 | 46.3 | 54.1 | 48.7% | 32.0% | 58.2% | 55.7% | 0.8 |
| ACMR | $3B | 36.4 | 19.3 | 47.6 | 50.1% | 19.3% | 10.2% | 13.2% | 1.2 |
| ACLS | $3B | 21.7 | 18.8 | 25.0 | 44.9% | 14.2% | 11.7% | 9.6% | 0.3 |
| VECO | $2B | 51.8 | 49.9 | 40.4 | 40.0% | 5.4% | 4.3% | 2.8% | 6.6 |
| Technology Median | — | 25.2 | 15.7 | 17.3 | 49.8% | -0.9% | 1.1% | 2.9% | 3.0 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonAmtech Systems, Inc.'s current P/E ratio is -6.2x. The historical average is 31.5x.
Amtech Systems, Inc.'s return on equity (ROE) is -44.7%. The historical average is -2.3%.
Based on historical data, Amtech Systems, Inc. is trading at a P/E of -6.2x. Compare with industry peers and growth rates for a complete picture.
Amtech Systems, Inc. has 34.0% gross margin and -5.8% operating margin.