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AXT Inc
NASDAQ:AXTI

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AXT Inc
NASDAQ:AXTI
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Price: 76.16 USD 1.18% Market Closed
Market Cap: $4.2B

P/B

15.4
Current
2 317%
More Expensive
vs 3-y average of 0.6

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
15.4
=
Market Cap
$2.9B
/
Total Equity
$273.3m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
15.4
=
Market Cap
$2.9B
/
Total Equity
$273.3m

Valuation Scenarios

AXT Inc is trading above its 3-year average

If P/B returns to its 3-Year Average (0.6), the stock would be worth $3.15 (96% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-96%
Maximum Upside
No Upside Scenarios
Average Downside
85%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 15.4 $76.16
0%
3-Year Average 0.6 $3.15
-96%
5-Year Average 0.9 $4.64
-94%
Industry Average 5.3 $26.39
-65%
Country Average 2.5 $12.41
-84%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
US
AXT Inc
NASDAQ:AXTI
4.2B USD 15.4 -196.6
NL
ASML Holding NV
AEX:ASML
481.6B EUR 19.7 46.7
US
Lam Research Corp
NASDAQ:LRCX
334.9B USD 31.6 49.9
US
Applied Materials Inc
NASDAQ:AMAT
331B USD 15.2 42.2
US
KLA Corp
NASDAQ:KLAC
253.8B USD 46.4 55.7
US
Brooks Automation Inc
LSE:0HQ1
224.1B USD 130.7 -3 874
JP
Advantest Corp
TSE:6857
22.9T JPY 33.9 79.3
JP
Tokyo Electron Ltd
TSE:8035
21.6T JPY 10.8 42.9
US
Teradyne Inc
NASDAQ:TER
65.3B USD 23.3 117.7
CN
NAURA Technology Group Co Ltd
SZSE:002371
342.5B CNY 9.1 62
JP
Disco Corp
TSE:6146
8.2T JPY 14 60.8
P/E Multiple
Earnings Growth PEG
US
AXT Inc
NASDAQ:AXTI
Average P/E: 61.9
Negative Multiple: -196.6
N/A N/A
NL
ASML Holding NV
AEX:ASML
46.7
20%
2.3
US
Lam Research Corp
NASDAQ:LRCX
49.9
24%
2.1
US
Applied Materials Inc
NASDAQ:AMAT
42.2
20%
2.1
US
KLA Corp
NASDAQ:KLAC
55.7
22%
2.5
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -3 874 N/A N/A
JP
Advantest Corp
TSE:6857
79.3
50%
1.6
JP
Tokyo Electron Ltd
TSE:8035
42.9
13%
3.3
US
Teradyne Inc
NASDAQ:TER
117.7
44%
2.7
CN
NAURA Technology Group Co Ltd
SZSE:002371
62
N/A N/A
JP
Disco Corp
TSE:6146
60.8
N/A N/A

Market Distribution

Higher than 91% of companies in the United States of America
Percentile
91st
Based on 10 946 companies
91st percentile
15.4
Low
0 — 1.5
Typical Range
1.5 — 4.8
High
4.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.5
Median 2.5
70th Percentile 4.8
Max 147 580.5

AXT Inc
Glance View

Market Cap
4.2B USD
Industry
Semiconductors

AXT, Inc. engages in the design, development, manufacture and distribution of compound and single element semiconductor substrates. The company is headquartered in Fremont, California and currently employs 1,008 full-time employees. The company has two product lines: specialty material substrates and raw materials integral to these substrates. Its compound substrates combine indium with phosphorous (InP) or gallium with arsenic (GaAs). Its single element substrates are made from germanium (Ge). Its InP substrates are used in broadband and fiber optic applications, 5G infrastructure and data center connectivity. Its semi-conducting GaAs substrates are used to create opto-electronic products, including high brightness light emitting diodes (HBLEDs), liquid crystal display (LCD) televisions, and are also used for automotive panels, display and lighting applications. Its Ge substrates are used in applications, such as solar cells for space and terrestrial photovoltaic applications. Its two raw material companies sell purified gallium and pyrolytic boron nitride (pBN) crucibles.

AXTI Intrinsic Value
1.81 USD
Overvaluation 98%
Intrinsic Value
Price $76.16
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