AXT EV/EBIT AXTI
Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2012.
- Today, Oct 23, 2026
- n/m
- a sliver of operating profit
- Last meaningful
- 36.5×
- Aug 2023
- 10-year median
- 23.2×
- 10-year range
- 7.4× to 121×
- Peer median
- 33.6×
AXT's EV/EBIT is not a meaningful number today: a multiple this high rests on a sliver of operating profit.
It was last meaningful in Aug 2023, at 36.5×.
On the days it had one over the last ten years, its median was 23.2×, from 7.4× in Jan 2019 to 121× in Apr 2021.
EV/EBIT over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2023 | 36.5× | 11.3× | 44.5× |
| 2022 | 13.1× | 13.1× | 32.0× |
| 2021 | 30.7× | 27.0× | 121× |
| 2020 | 60.4× | 60.4× | 95.2× |
| 2019 | 76.5× | 7.4× | 76.5× |
| 2018 | 8.2× | 7.5× | 26.3× |
| 2017 | 24.4× | 21.1× | 84.2× |
| 2016 | 45.7× | 44.5× | 51.2× |
| 2015 | n/m a value too high to mean anything | ||
| 2014 | n/m a value too high to mean anything | ||
| 2013 | 48.9× | 5.2× | 58.2× |
| 2012 | 5.1× | 2.2× | 5.9× |
Against its peers
Companies in Semiconductors nearest AXT's size, closest first, today.
| Company | EV/EBIT |
|---|---|
| AXTIAXT | n/m |
| ACMRACM Research | 24.2× |
| ACLSAxcelis Technologies | 32.8× |
| PENGPenguin Solutions | 27.3× |
| OSISOSI Systems | 17.1× |
| DIODDiodes | 43.5× |
| KLICKulicke & Soffa Industries | 26.2× |
| IPGPIPG Photonics | 83.5× |
| ENPHEnphase Energy | 34.5× |
| POWIPower Integrations | 99.1× |
| VECOVeeco Instruments | 40.2× |
| Peer median | 33.6× |
What the EV/EBIT tells you
What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.
Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.
More on AXT
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.