AXT Capex To Revenue vs Price To Sales Ratio Analysis

AXTI Stock  USD 2.18  0.06  2.83%   
AXT financial indicator trend analysis is way more than just evaluating AXT Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AXT Inc is a good investment. Please check the relationship between AXT Capex To Revenue and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Capex To Revenue vs Price To Sales Ratio

Capex To Revenue vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AXT Inc Capex To Revenue account and Price To Sales Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AXT's Capex To Revenue and Price To Sales Ratio is 0.53. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of AXT Inc, assuming nothing else is changed. The correlation between historical values of AXT's Capex To Revenue and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of AXT Inc are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Capex To Revenue i.e., AXT's Capex To Revenue and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing AXT Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on AXT sales, a figure that is much harder to manipulate than other AXT Inc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from AXT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AXT Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Issuance Of Capital Stock is expected to grow at the current pace this year, while Selling General Administrative is projected to decrease to under 17.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit47.4M52.1M13.3M26.2M
Total Revenue137.4M141.1M75.8M89.1M

AXT fundamental ratios Correlations

0.530.970.760.910.820.230.230.720.510.850.440.80.87-0.10.940.870.710.710.710.960.630.010.870.570.87
0.530.490.930.290.820.820.520.110.10.80.010.190.250.40.60.650.110.950.890.460.98-0.50.320.490.32
0.970.490.730.930.810.220.170.770.450.820.430.720.9-0.170.920.80.760.680.720.930.59-0.050.880.540.88
0.760.930.730.60.960.660.410.420.280.960.230.480.560.180.770.840.410.990.980.710.97-0.380.630.550.64
0.910.290.930.60.680.01-0.070.80.470.720.560.820.99-0.460.850.70.910.50.560.940.420.190.970.330.97
0.820.820.810.960.680.560.440.570.340.990.250.590.640.170.780.910.470.950.970.750.88-0.370.720.640.73
0.230.820.220.660.010.560.6-0.14-0.470.53-0.54-0.06-0.050.540.420.31-0.180.720.640.080.76-0.46-0.010.390.0
0.230.520.170.41-0.070.440.60.08-0.090.36-0.310.06-0.20.830.220.41-0.460.510.40.070.45-0.61-0.090.87-0.08
0.720.110.770.420.80.57-0.140.080.430.580.540.760.78-0.350.550.650.660.350.420.730.180.030.80.50.81
0.510.10.450.280.470.34-0.47-0.090.430.360.880.470.49-0.170.270.540.440.240.270.620.18-0.020.530.250.52
0.850.80.820.960.720.990.530.360.580.360.290.650.690.090.80.920.530.940.960.790.88-0.280.760.580.77
0.440.010.430.230.560.25-0.54-0.310.540.880.290.480.6-0.520.250.410.620.150.190.630.090.130.630.060.62
0.80.190.720.480.820.59-0.060.060.760.470.650.480.78-0.30.670.760.660.410.420.810.310.320.810.40.82
0.870.250.90.560.990.64-0.05-0.20.780.490.690.60.78-0.550.810.650.960.460.530.920.390.220.970.220.97
-0.10.4-0.170.18-0.460.170.540.83-0.35-0.170.09-0.52-0.3-0.55-0.10.12-0.740.320.23-0.280.31-0.66-0.480.57-0.47
0.940.60.920.770.850.780.420.220.550.270.80.250.670.81-0.10.760.670.720.70.90.690.050.780.470.78
0.870.650.80.840.70.910.310.410.650.540.920.410.760.650.120.760.460.820.810.830.73-0.140.730.650.74
0.710.110.760.410.910.47-0.18-0.460.660.440.530.620.660.96-0.740.670.460.290.390.80.250.350.91-0.050.91
0.710.950.680.990.50.950.720.510.350.240.940.150.410.460.320.720.820.290.970.640.98-0.470.540.60.54
0.710.890.720.980.560.970.640.40.420.270.960.190.420.530.230.70.810.390.970.640.94-0.490.60.550.61
0.960.460.930.710.940.750.080.070.730.620.790.630.810.92-0.280.90.830.80.640.640.570.10.910.450.91
0.630.980.590.970.420.880.760.450.180.180.880.090.310.390.310.690.730.250.980.940.57-0.420.450.480.46
0.01-0.5-0.05-0.380.19-0.37-0.46-0.610.03-0.02-0.280.130.320.22-0.660.05-0.140.35-0.47-0.490.1-0.420.14-0.560.14
0.870.320.880.630.970.72-0.01-0.090.80.530.760.630.810.97-0.480.780.730.910.540.60.910.450.140.321.0
0.570.490.540.550.330.640.390.870.50.250.580.060.40.220.570.470.65-0.050.60.550.450.48-0.560.320.33
0.870.320.880.640.970.730.0-0.080.810.520.770.620.820.97-0.470.780.740.910.540.610.910.460.141.00.33
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AXT Account Relationship Matchups

AXT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets223.3M298.9M332.4M370.1M358.7M196.4M
Other Current Liab11.3M14.1M14.7M15.7M17.8M9.1M
Total Current Liabilities27.5M39.1M47.8M75.3M81.6M85.6M
Total Stockholder Equity187.9M192.6M211.5M221.6M204.0M147.9M
Property Plant And Equipment Net100.3M118.5M144.7M162.8M169.1M177.6M
Net Debt(18.5M)(59.8M)(20.7M)13.5M18.0M18.9M
Retained Earnings(47.8M)(44.5M)(30.0M)(14.2M)(32.0M)(33.6M)
Accounts Payable10.1M12.7M16.6M10.1M9.6M8.0M
Cash26.9M72.6M36.8M34.9M37.8M30.7M
Non Current Assets Total110.1M134.3M172.3M186.5M188.0M197.4M
Cash And Short Term Investments36.3M72.8M42.2M44.3M39.9M44.4M
Net Receivables19.0M24.6M34.8M29.3M19.3M18.9M
Common Stock Shares Outstanding39.5M41.0M42.7M42.7M42.6M34.0M
Liabilities And Stockholders Equity223.3M298.9M332.4M370.1M358.7M196.4M
Non Current Liabilities Total3.1M4.3M4.4M5M8.0M6.3M
Inventory49.2M51.5M65.9M89.6M86.5M46.2M
Other Current Assets8.7M31.2M34.5M34.4M25.0M26.3M
Other Stockholder Equity237.0M230.4M231.6M235.3M238.5M192.7M
Total Liab30.6M43.3M52.2M80.3M89.6M94.0M
Property Plant And Equipment Gross100.3M118.5M144.7M162.8M240.6M252.6M
Total Current Assets113.2M164.5M160.2M183.5M170.7M118.2M
Accumulated Other Comprehensive Income(4.9M)3.2M6.3M(3.1M)(6.0M)(5.7M)
Short Term Debt5.7M10.9M14.6M47.6M53.4M56.0M
Non Currrent Assets Other8.7M10.1M13.5M17.5M2.9M2.8M
Common Stock Total Equity41K42K43K44K39.6K37.6K
Intangible Assets1.1M1.7M2.1M1.9M1.8M982.9K
Common Stock41K42K43K44K39.6K37.6K
Other Liab366K1.9M2.5M3.7M4.2M2.3M
Other Assets2.7M18.5M17.9M5.1M4.6M5.4M
Short Term Investments9.4M240K5.4M9.3M2.1M2.0M
Property Plant Equipment97.4M118.5M144.7M161.0M185.2M194.4M
Current Deferred Revenue396K374K946K338K305K289.8K
Net Tangible Assets184.4M187.4M208.0M262.9M302.4M184.6M
Noncontrolling Interest In Consolidated Entity4.9M15.4M18.3M23.3M26.8M28.1M
Retained Earnings Total Equity(47.8M)(44.5M)(30.0M)(14.2M)(16.3M)(17.1M)
Capital Surpluse237.0M230.4M231.6M235.3M270.6M235.2M
Long Term Investments6.0M5.7M9.6M2.1M12.5M6.6M
Non Current Liabilities Other3.1M672K2.5M3.7M5.6M5.9M

Currently Active Assets on Macroaxis

When determining whether AXT Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AXT's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axt Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axt Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AXT Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AXT. If investors know AXT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AXT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.57)
Earnings Share
(0.23)
Revenue Per Share
2.201
Quarterly Revenue Growth
0.362
Return On Assets
(0.02)
The market value of AXT Inc is measured differently than its book value, which is the value of AXT that is recorded on the company's balance sheet. Investors also form their own opinion of AXT's value that differs from its market value or its book value, called intrinsic value, which is AXT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AXT's market value can be influenced by many factors that don't directly affect AXT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AXT's value and its price as these two are different measures arrived at by different means. Investors typically determine if AXT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AXT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.