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Amtech Systems Inc. (ASYS) Stock Fundamental Analysis & AI Rating 2026

ASYS Nasdaq Special Industry Machinery, NEC AZ CIK: 0000720500
Updated This Month • Analysis: Mar 20, 2026 • SEC Data: 2025-12-31
Combined AI Rating
HOLD
70% Confidence
STRONG AGREEMENT
HOLD
62% Conf
HOLD
79% Conf

📊 ASYS Key Takeaways

Revenue: $19.0M
Net Margin: 0.6%
Free Cash Flow: $3.8M
Current Ratio: 2.90x
Debt/Equity: 0.00x
EPS: $0.01
AI Rating: HOLD with 62% confidence
Amtech Systems Inc. (ASYS) receives a HOLD rating with 70% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $19.0M, net profit margin of 0.6%, and return on equity (ROE) of 0.2%, Amtech Systems Inc. demonstrates mixed fundamentals in the Industrial sector. Below is our complete ASYS stock analysis for 2026.

Is Amtech Systems Inc. (ASYS) a Good Investment?

Claude

ASYS exhibits solid financial stability with strong liquidity (2.90x current ratio), minimal debt, and positive free cash flow generation (20.2% FCF margin). However, profitability is severely constrained with near-flat revenue growth, razor-thin net margins (0.6%), and concerning returns on equity (0.2%) and assets (0.1%), indicating capital is not being deployed efficiently despite adequate balance sheet strength.

ChatGPT

AMTECH SYSTEMS shows solid financial health, with a strong cash position, minimal debt, healthy liquidity, and positive free cash flow generation. However, the latest period reflects essentially flat revenue and very weak net profitability, which suggests the business is stable but not yet demonstrating the earnings power or growth quality needed for a more constructive rating. The fundamentals support resilience, but not clear operating momentum.

Why Buy Amtech Systems Inc. Stock? ASYS Key Strengths

Claude
  • + Excellent liquidity position with 2.90x current ratio and $22.1M cash reserves
  • + Minimal leverage with debt/equity ratio near zero and strong interest coverage of 110.7x
  • + Positive free cash flow generation of $3.8M with 20.2% FCF margin demonstrates operational cash generation capability
  • + Low long-term debt of only $162K reduces financial risk
ChatGPT
  • + Strong balance sheet with $22.08M in cash and almost no long-term debt
  • + Healthy liquidity profile with 2.90x current ratio and 2.01x quick ratio
  • + Positive operating cash flow and strong free cash flow relative to revenue

ASYS Stock Risks: Amtech Systems Inc. Investment Risks

Claude
  • ! Stagnant revenue growth at 0.0% YoY indicates no top-line expansion or market share gains
  • ! Critically low profitability with net margin of only 0.6% and operating margin of 4.1% leaves minimal room for error
  • ! Extremely poor capital efficiency with ROE of 0.2% and ROA of 0.1% suggests $54.1M equity is underutilized
  • ! Diluted EPS declined 253.3% YoY signaling significant per-share value deterioration
  • ! Operating income of only $775K on $19M revenue suggests operational challenges in a specialty machinery sector
ChatGPT
  • ! Revenue growth is flat, indicating limited top-line momentum
  • ! Net margin of 0.6% and ROE/ROA near zero reflect weak underlying profitability
  • ! EPS deterioration suggests earnings remain fragile and sensitive to small operating changes

Key Metrics to Watch

Claude
  • * Revenue growth trajectory and order backlog trends
  • * Gross margin sustainability and operating leverage improvement
  • * Return on equity progression as indicator of capital deployment effectiveness
  • * Operating cash flow consistency and working capital management
ChatGPT
  • * Sustained revenue growth and order conversion
  • * Operating margin and net margin improvement

Amtech Systems Inc. (ASYS) Financial Metrics & Key Ratios

Revenue
$19.0M
Net Income
$108.0K
EPS (Diluted)
$0.01
Free Cash Flow
$3.8M
Total Assets
$94.1M
Cash Position
$22.1M

💡 AI Analyst Insight

The 20.2% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 2.90x current ratio provides a solid financial cushion.

ASYS Profit Margin, ROE & Profitability Analysis

Gross Margin 44.8%
Operating Margin 4.1%
Net Margin 0.6%
ROE 0.2%
ROA 0.1%
FCF Margin 20.2%

ASYS vs Industrial Sector: How Amtech Systems Inc. Compares

How Amtech Systems Inc. compares to Industrial sector averages

Net Margin
ASYS 0.6%
vs
Sector Avg 10.0%
ASYS Sector
ROE
ASYS 0.2%
vs
Sector Avg 15.0%
ASYS Sector
Current Ratio
ASYS 2.9x
vs
Sector Avg 1.8x
ASYS Sector
Debt/Equity
ASYS 0.0x
vs
Sector Avg 0.7x
ASYS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Amtech Systems Inc. Stock Overvalued? ASYS Valuation Analysis 2026

Based on fundamental analysis, Amtech Systems Inc. has mixed fundamental signals relative to the Industrial sector in 2026.

Return on Equity
0.2%
Sector avg: 15%
Net Profit Margin
0.6%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Amtech Systems Inc. Balance Sheet: ASYS Debt, Cash & Liquidity

Current Ratio
2.90x
Quick Ratio
2.01x
Debt/Equity
0.00x
Debt/Assets
42.5%
Interest Coverage
110.71x
Long-term Debt
$162.0K

ASYS Revenue & Earnings Growth: 5-Year Financial Trend

ASYS 5-year financial data: Year 2021: Revenue $85.2M, Net Income -$5.2M, EPS $-0.36. Year 2022: Revenue $106.3M, Net Income -$15.7M, EPS $-1.11. Year 2023: Revenue $113.3M, Net Income $1.5M, EPS $0.11. Year 2024: Revenue $113.3M, Net Income $17.4M, EPS $1.22. Year 2025: Revenue $101.2M, Net Income -$8.5M, EPS $-0.60.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Amtech Systems Inc.'s revenue has grown significantly by 19% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.60 indicates the company is currently unprofitable.

ASYS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
20.2%
Free cash flow / Revenue

ASYS Quarterly Earnings & Performance

Quarterly financial performance data for Amtech Systems Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $19.0M $108.0K $0.01
Q3 2025 $19.6M $106.0K $0.01
Q2 2025 $15.6M $970.0K $0.07
Q1 2025 $24.4M $312.0K $0.02
Q3 2024 $26.7M $438.0K $0.03
Q2 2024 $25.4M $460.0K $0.03
Q1 2024 $21.6M -$2.7M $-0.20
Q3 2023 $20.0M -$567.0K $-0.04

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Amtech Systems Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$4.1M
Cash generated from operations
Stock Buybacks
$4.1M
Shares repurchased (TTM)
Capital Expenditures
$277.0K
Investment in assets
Dividends
None
No dividend program

ASYS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Amtech Systems Inc. (CIK: 0000720500)

📋 Recent SEC Filings

Date Form Document Action
Mar 6, 2026 4 xslF345X05/ownership.xml View →
Mar 6, 2026 4 xslF345X05/ownership.xml View →
Mar 6, 2026 4 xslF345X05/tm268238-1_4seq1.xml View →
Mar 6, 2026 4 xslF345X05/ownership.xml View →
Mar 6, 2026 8-K asys-20260304.htm View →

Frequently Asked Questions about ASYS

What is the AI rating for ASYS?

Amtech Systems Inc. (ASYS) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ASYS's key strengths?

Claude: Excellent liquidity position with 2.90x current ratio and $22.1M cash reserves. Minimal leverage with debt/equity ratio near zero and strong interest coverage of 110.7x. ChatGPT: Strong balance sheet with $22.08M in cash and almost no long-term debt. Healthy liquidity profile with 2.90x current ratio and 2.01x quick ratio.

What are the risks of investing in ASYS?

Claude: Stagnant revenue growth at 0.0% YoY indicates no top-line expansion or market share gains. Critically low profitability with net margin of only 0.6% and operating margin of 4.1% leaves minimal room for error. ChatGPT: Revenue growth is flat, indicating limited top-line momentum. Net margin of 0.6% and ROE/ROA near zero reflect weak underlying profitability.

What is ASYS's revenue and growth?

Amtech Systems Inc. reported revenue of $19.0M.

Does ASYS pay dividends?

Amtech Systems Inc. does not currently pay dividends.

Where can I find ASYS SEC filings?

Official SEC filings for Amtech Systems Inc. (CIK: 0000720500) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ASYS's EPS?

Amtech Systems Inc. has a diluted EPS of $0.01.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ASYS a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Amtech Systems Inc. has a HOLD rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is ASYS stock overvalued or undervalued?

Valuation metrics for ASYS: ROE of 0.2% (sector avg: 15%), net margin of 0.6% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy ASYS stock in 2026?

Our dual AI analysis gives Amtech Systems Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ASYS's free cash flow?

Amtech Systems Inc.'s operating cash flow is $4.1M, with capital expenditures of $277.0K. FCF margin is 20.2%.

How does ASYS compare to other Industrial stocks?

Vs Industrial sector averages: Net margin 0.6% (avg: 10%), ROE 0.2% (avg: 15%), current ratio 2.90 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI