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Amtech SystemsFRA:AS3 +1.72%56 Cash-to-Debt is 4.65 as of Jun. 2026, which is 25% above its 10-year median of 3.73. GuruFocus rates FRA:AS3 with a GF Score™ of 56/100 and a GF Value™ of €3.82 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,032 Semiconductors companies, Amtech Systems ranks better than 66.18% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Amtech Systems's cash to debt ratio for the quarter that ended in Jun. 2026 was 4.65.
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Amtech Systemscould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Amtech Systems's Cash-to-Debt or its related term are showing as below:
FRA:AS3'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.59 Med: 3.73 Max: 9.61
Current: 4.65
During the past 13 years, Amtech Systems's highest Cash to Debt Ratio was 9.61. The lowest was 0.59. And the median was 3.73.
FRA:AS3's Cash-to-Debt is ranked better than 66.18% of 1032
companies
in the Semiconductors industry
Industry Median: 1.64
vs FRA:AS3: 4.65
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Amtech Systems Cash-to-Debt Related Terms
Amtech Systems Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Amtech Systems's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
FRA:AS3 vs ATOM, INTT, TRT: Cash-to-Debt Comparison
For the Semiconductor Equipment & Materials subindustry, Amtech Systems's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Amtech Systems Cash-to-Debt vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Amtech Systems's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Amtech Systems's Cash-to-Debt falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Amtech Systems (FRA:AS3) has a Cash-to-Debt of 4.65 as of Jun. 2026. This is 25% above median its historical median of 3.73. Over the past decade, Amtech Systems' Cash-to-Debt has ranged from 0.59 to 9.61. According to the industry distribution chart, Amtech Systems ranks #349 out of 1032 companies in the Semiconductors industry, placing it in the top 33.8%.
Is Amtech Systems' Cash-to-Debt too high?
Amtech Systems' current Cash-to-Debt of 4.65 is 25% above median its 10-year median of 3.73. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 9.61. The Semiconductors industry median Cash-to-Debt is 1.64. Amtech Systems' value of 4.65 is 183.5% above this industry median. Based on the distribution chart, Amtech Systems ranks #349 out of 1032 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Amtech Systems has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Amtech Systems' Cash-to-Debt compare to ATOM and INTT?
According to the Semiconductors industry distribution chart, Amtech Systems ranks #349 out of 1032 companies for Cash-to-Debt. This puts Amtech Systems in the upper half of its industry. The industry median Cash-to-Debt is 1.64. Amtech Systems' value of 4.65 is 183.5% above this benchmark. Historically, Amtech Systems' own Cash-to-Debt has ranged from 0.59 to 9.61 over the past decade. While the company's 10-year median is 3.73 vs. the industry median of 1.64, Amtech Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Semiconductors company?
The median Cash-to-Debt among Semiconductors companies is 1.64, based on 1,032 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Amtech Systems's current Cash-to-Debt of 4.65 is 183.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median Cash-to-Debt is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amtech Systems's current Cash-to-Debt is 4.65, which is 25% above median its own 10-year median of 3.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amtech Systems stock overvalued right now?
Based on GuruFocus' analysis, Amtech Systems (FRA:AS3) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.82, compared to a current price of €11.80 — trading 208.9% above its estimated fair value. The current Cash-to-Debt is 4.65, which is 25% above median its 10-year median of 3.73 and 183.5% above the Semiconductors industry median of 1.64. Amtech Systems' overall GF Score™ is 56/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Amtech Systems (FRA:AS3), the current Cash-to-Debt is 4.65 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Amtech Systems (FRA:AS3) Overvalued in 2026?
Based on GuruFocus' analysis, Amtech Systems stock appears to be overvalued.
The current stock price of €11.80 is trading 208.9% above its estimated GF Value™ of €3.82.
GuruFocus considers Amtech Systems to be Significantly Overvalued.
Key valuation signals for FRA:AS3:
Cash-to-Debt: 4.65 (25% above median its 10-year median of 3.73)
GF Value™: €3.82 vs. price of €11.80 (208.9% above fair value)
Industry Position: 183.5% above the Semiconductors median (#349 of 1032)
No single metric tells the full story. See the FRA:AS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Amtech Systems Inc provides equipment, consumables and services for semiconductor device packaging, wafer production and device fabrication. Its products are used to fabricate and package GPUs for AI applications, SiC and Si power devices, and other optical, analog and digital devices, and are sold to semiconductor packaging, electronic assembly and device fabrication companies. It operates through two segments: Thermal Processing Solutions, which includes conveyorized reflow equipment, high-temperature conveyorized furnaces and diffusion furnaces with maximum revenue; and Semiconductor Fabrication Solutions, which includes consumables, equipment and services for wafer polishing, dicing and cleaning. The majority of revenue is derived from the United States.
56GF Score
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