Wednesday, March 13, 2019

AXT Inc (AXTI) Files 10-K for the Fiscal Year Ended on December 31, 2018

AXT Inc (NASDAQ:AXTI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. AXT Inc is a developer and producer of high-performance compound and single element semiconductor substrates known as wafers. It provides such alternative or specialty materials in the form of substrates or wafers, compound, and substrates. AXT Inc has a market cap of $168.810 million; its shares were traded at around $4.27 with a P/E ratio of 17.82 and P/S ratio of 1.64.

For the last quarter AXT Inc reported a revenue of $22.2 million, compared with the revenue of $26.33 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $102.4 million, an increase of 3.8% from last year. For the last five years AXT Inc had an average revenue growth rate of 4.3% a year.

The reported diluted earnings per share was 24 cents for the year, a decline of 7.7% from the previous year. The AXT Inc had a decent operating margin of 11.86%, compared with the operating margin of 12.81% a year before. The 10-year historical median operating margin of AXT Inc is 3.41%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, AXT Inc has the cash and cash equivalents of $16.5 million, compared with $44.4 million in the previous year. The company had no long term debt. AXT Inc has a financial strength rank of 9 (out of 10).

At the current stock price of $4.27, AXT Inc is traded at 14.2% premium to its historical median P/S valuation band of $3.74. The P/S ratio of the stock is 1.64, while the historical median P/S ratio is 1.42. The stock lost 47.63% during the past 12 months.

For the complete 20-year historical financial data of AXTI, click here.

No comments:

Post a Comment