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 3,343 - -
Change - -49.16% -45.29% -7.93% 825.03% 282.92% - -
Enterprise Value (EV) 1 340.5 183.8 103.2 107.8 807.5 2,631 2,606 3,343
Change - -46.03% -43.85% 4.52% 648.83% 225.77% -0.94% 28.29%
P/E 25.9x 11.8x -5.71x -8.04x -33.4x 66.6x 23.1x 16.7x
PBR 1.79x 0.86x 0.5x 0.49x - - - -
PEG - 1.34x 0x 0.2x -0.4x -0x 0x 0.4x
Capitalization / Revenue 2.68x 1.33x 1.35x 0.95x 9.89x 15.3x 7.26x 4.94x
EV / Revenue 2.48x 1.3x 1.36x 1.09x 9.14x 12.1x 5.66x 4.94x
EV / EBITDA 13.9x 7.45x -11.1x -39.5x -84.3x 41.2x 16.8x 14.6x
EV / EBIT 26.4x 14.6x -4.78x -7.29x -36.7x 49x 16x 13x
EV / FCF -10.3x - -14.6x -6.03x -43x -78.8x -668x 1,286x
FCF Yield -9.68% - -6.85% -16.6% -2.33% -1.27% -0.15% 0.08%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.34 0.37 -0.42 -0.27 -0.49 0.845 2.435 3.37
Distribution rate - - - - - - - -
Net sales 1 137.4 141.1 75.8 99.36 88.33 218 460.7 677
EBITDA 1 24.49 24.68 -9.307 -2.727 -9.576 63.92 155.3 228.8
EBIT 1 12.9 12.55 -21.57 -14.8 -21.98 53.72 163.2 256.3
Net income 1 14.58 15.81 -17.88 -11.62 -21.26 52.7 151.9 239.2
Net Debt 1 -28.07 -3.609 0.667 13.45 -65.57 -712.6 -737.2 -
Reference price 2 8.81 4.38 2.40 2.17 16.35 56.27 56.27 56.27
Nbr of stocks (in thousands) 41,833 42,778 42,714 43,497 53,401 64,196 - -
Announcement Date 16/02/22 16/02/23 22/02/24 20/02/25 19/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
61.63x12.07x41.15x - 3.34B
21.1x12.03x18.14x0.36% 5,094B
21.65x10.59x14.36x1.13% 1,897B
34.71x14.72x21.62x0.81% 1,536B
5.07x3.1x3.45x0.07% 993B
90.54x16.32x61.89x-.--% 844B
3.6x2.2x2.65x0.26% 703B
-37.67x7.57x21.11x-.--% 457B
31.42x11.81x21.51x2.03% 260B
Average 25.78x 10.05x 22.88x 0.58% 1,310B
Weighted average by Cap. 23.50x 10.94x 19.15x 0.51%

Y-o-Y evolution of P/E

Valuation ratios - P/E - AXT, Inc.

Historical PBR trend

Valuation ratios - PBR - AXT, Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - AXT, Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - AXT, Inc.