Company Valuation: AXT, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 368.5 187.4 102.5 94.39 873.1 4,407 - -
Change - -49.16% -45.29% -7.93% 825.03% 404.76% - -
Enterprise Value (EV) 1 340.5 183.8 103.2 107.8 807.5 4,418 4,429 4,407
Change - -46.03% -43.85% 4.52% 648.83% 447.14% 0.25% -0.51%
P/E 25.9x 11.8x -5.71x -8.04x -33.4x 294x 82.7x -
PBR 1.79x 0.86x 0.5x 0.49x - - - -
PEG - 1.34x 0x 0.2x -0.4x -2x 0x -
Capitalization / Revenue 2.68x 1.33x 1.35x 0.95x 9.89x 30.8x 19.8x 11.5x
EV / Revenue 2.48x 1.3x 1.36x 1.09x 9.14x 30.9x 19.9x 11.5x
EV / EBITDA 13.9x 7.45x -11.1x -39.5x -84.3x 212x 75.8x 52.8x
EV / EBIT 26.4x 14.6x -4.78x -7.29x -36.7x 824x 135x 66.5x
EV / FCF -10.3x - -14.6x -6.03x -43x -106x -76.2x 19.7x
FCF Yield -9.68% - -6.85% -16.6% -2.33% -0.94% -1.31% 5.07%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.34 0.37 -0.42 -0.27 -0.49 0.235 0.835 -
Distribution rate - - - - - - - -
Net sales 1 137.4 141.1 75.8 99.36 88.33 143.1 222.4 382.1
EBITDA 1 24.49 24.68 -9.307 -2.727 -9.576 20.87 58.47 83.5
EBIT 1 12.9 12.55 -21.57 -14.8 -21.98 5.361 32.9 66.3
Net income 1 14.58 15.81 -17.88 -11.62 -21.26 14.63 50.4 149.5
Net Debt 1 -28.07 -3.609 0.667 13.45 -65.57 11.3 22.4 -
Reference price 2 8.81 4.38 2.40 2.17 16.35 69.06 69.06 69.06
Nbr of stocks (in thousands) 41,833 42,778 42,714 43,497 53,401 63,815 - -
Announcement Date 2/16/22 2/16/23 2/22/24 2/20/25 2/19/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
293.87x30.88x211.67x - 4.41B
20.9x11.69x17.43x0.39% 4,741B
24.24x11.43x15.58x1.03% 1,948B
41.77x17.24x25.37x0.69% 1,803B
9.3x5.46x6.68x0.19% 1,341B
16.8x10.26x12.37x0.04% 1,371B
99.14x17.3x64.87x-.--% 868B
-383.31x11.59x34.5x-.--% 668B
285.35x61.4x130.19x-.--% 371B
10.82x5.69x6.97x0.92% 351B
Average 41.89x 18.29x 52.56x 0.36% 1,347B
Weighted average by Cap. 14.72x 13.21x 23.45x 0.43%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA