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Axcelis TechnologiesACLS +8.74%89 Net Cash per Share is $1.19 as of Mar. 2026, which is 95% below its 10-year median of 25.58. GuruFocus rates ACLS with a GF Score™ of 89/100 and a GF Value™ of $87.57 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 362 Semiconductors companies, Axcelis Technologies ranks worse than 91.99% on this metric.
The historical rank and industry rank for Axcelis Technologies's Net Cash per Share or its related term are showing as below:
ACLS'
s Price-to-Net-Cash Range Over the Past 10 Years
Min: 5.83 Med: 25.58 Max: 120.26
Current: 120.26
During the past 13 years, the highest Price-to-Net-Cash Ratio of Axcelis Technologies was 120.26. The lowest was 5.83. And the median was 25.58.
ACLS's Price-to-Net-Cash is ranked worse than 91.99% of 362
companies
in the Semiconductors industry
Industry Median: 14.915
vs ACLS: 120.26
Axcelis Technologies (NAS:ACLS) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Axcelis Technologies Net Cash per Share Related Terms
Axcelis Technologies Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Axcelis Technologies's Net Cash per Share 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.
ACLS vs UCTT, AXTI, IPGP: Net Cash per Share Comparison
For the Semiconductor Equipment & Materials subindustry, Axcelis Technologies's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.
Axcelis Technologies Price-to-Net-Cash vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Axcelis Technologies's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Axcelis Technologies's Price-to-Net-Cash falls into.
Axcelis Technologies Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Axcelis Technologies's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Axcelis Technologies (ACLS) has a Net Cash per Share of $1.19 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Axcelis Technologies and its competitors. This is 95% below median its historical median of 25.58. Over the past decade, Axcelis Technologies' Net Cash per Share has ranged from 5.83 to 120.26. According to the industry distribution chart, Axcelis Technologies ranks #333 out of 362 companies in the Semiconductors industry, placing it in the top 92%.
Is Axcelis Technologies' Net Cash per Share too high?
Axcelis Technologies' current Net Cash per Share of $1.19 is 95% below median its 10-year median of 25.58. Over the past 10 years, this metric has ranged from a low of 5.83 to a high of 120.26. The Semiconductors industry median Net Cash per Share is 14.92. Axcelis Technologies' value of $1.19 is 92% below this industry median. Based on the distribution chart, Axcelis Technologies ranks #333 out of 362 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Axcelis Technologies has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axcelis Technologies' Net Cash per Share compare to UCTT and AXTI?
According to the Semiconductors industry distribution chart, Axcelis Technologies ranks #333 out of 362 companies for Net Cash per Share. This places Axcelis Technologies in the lower half of its industry. The industry median Net Cash per Share is 14.92. Axcelis Technologies' value of $1.19 is 92% below this benchmark. Historically, Axcelis Technologies' own Net Cash per Share has ranged from 5.83 to 120.26 over the past decade. While the company's 10-year median is 25.58 vs. the industry median of 14.92, Axcelis Technologies has consistently been below 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 Net Cash per Share for a Semiconductors company?
The median Net Cash per Share among Semiconductors companies is 14.92, based on 362 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Axcelis Technologies's current Net Cash per Share of $1.19 is 92% below 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Axcelis Technologies and its competitors. For the Semiconductors industry, the median Net Cash per Share is 14.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axcelis Technologies's current Net Cash per Share is $1.19, which is 95% below median its own 10-year median of 25.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axcelis Technologies stock overvalued right now?
Based on GuruFocus' analysis, Axcelis Technologies (ACLS) is currently considered Significantly Overvalued. The stock's GF Value™ is $87.57, compared to a current price of $143.11 — trading 63.4% above its estimated fair value. The current Net Cash per Share is $1.19, which is 95% below median its 10-year median of 25.58 and 92% below the Semiconductors industry median of 14.92. Axcelis Technologies' overall GF Score™ is 89/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Axcelis Technologies (ACLS), the current Net Cash per Share is $1.19 as of Mar. 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 Axcelis Technologies (ACLS) Overvalued in 2026?
Based on GuruFocus' analysis, Axcelis Technologies stock appears to be overvalued.
The current stock price of $143.11 is trading 63.4% above its estimated GF Value™ of $87.57.
GuruFocus considers Axcelis Technologies to be Significantly Overvalued.
Key valuation signals for ACLS:
Net Cash per Share: $1.19 (95% below median its 10-year median of 25.58)
GF Value™: $87.57 vs. price of $143.11 (63.4% above fair value)
Industry Position: 92% below the Semiconductors median (#333 of 362)
No single metric tells the full story. See the ACLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Axcelis Technologies Inc designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. In addition to equipment, the company provides aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services, and customer training. Geographically, the group has a business presence in North America, Asia Pacific, and Europe, of which key revenue is derived from the Asia Pacific.
89GF Score
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