Amtech Systems Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Amtech Systems Inc (ASYS) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Amtech Systems Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 80M vs 866M combined for tracked competitors (8.5% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+11.2% annualized vs trailing 12 months), vs holding steady (-0.6%) for its tracked peer group.
- Growth: Amtech Systems Inc generated 17.0% revenue growth year over year in Q3 2026, vs 10.6% for its tracked competitors combined.
- Profitability: Its 7.4% net margin compares with 10.8% for the peer group.
- Scale: Amtech Systems Inc ranks #80 of 143 companies by market capitalization in the Industrial Machinery and Components industry, holding 0.0% of industry market cap.
- Peer revenue share: Amtech Systems Inc accounted for 9.4% of combined revenue among its tracked peer group, up from 9.0% a year earlier.
- Peer differentiation: Revenue per employee of $0.30M compares with $0.59M for the peer group (0.5x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
ASYS Sales vs. its Competitors, Q3 2026
Amtech Systems Inc reported revenue growth of 16.99 % year on year in Q3 2026, above its competitors' combined revenue growth of 10.60 %.
With a net margin of 7.41 %, Amtech Systems Inc reported lower profitability than its competitors (10.82 %).
Amtech Systems Inc generated 9.42 % of the combined sales of its peer group, up from 8.95 % a year earlier.
Amtech Systems Inc vs. its Competitors, Q3 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Amtech Systems Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Amtech Systems Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (7) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (3) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Amtech Systems Inc's competitor groups requires a Commercial License.
For context: the Industrial Machinery and Components industry grew revenue 12.4% year over year, combined, vs 17.0% for Amtech Systems Inc. Amtech Systems Inc's share of combined industry revenue moved from 0.02% to 0.02%, a gain of 0.00 percentage points.
Amtech Systems Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Amtech Systems Inc | Yes | No | No | No |
| Competitors combined (1) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 50.00 % (4 of 8) | 0.00 % (0 of 8) | 33.30 % (2 of 6) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
ASYS Stock Performance relative to its Competitors
ASYS Stock Performance relative to Similar-Size Competitors
ASYS Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Axcelis Technologies Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Amtech Systems Inc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Amtech Systems Inc's Comment on Competition and Industry Peers
The Solar Cell, Semiconductor Device, and MEMS Markets. Our thermal processing equipment and automation primarily compete with those produced by other original equipment manufacturers, some of which are well-established firms that are much larger and have substantially greater financial resources than we have. Some of our competitors have a diversified product line, making it difficult to quantify their sales of products that compete directly with our products. Competitors of our horizontal diffusion furnaces include Centrotherm GmbH, Koyo Systems Co. Ltd., Sandvik Thermal Process, Inc., a subsidiary of Sandvik AB, 48th Institute, Sevenstar Electronics, CVD Equipment, Inc., Semco Engineering S.A., S.C New Energy and Expertech, Inc. We are experiencing increased competition from local Chinese equipment manufacturers, including 48th Institute, S.C New Energy and Sevenstar Electronics, which may receive varying levels of financial support from the Chinese government. Our primary competitive advantages over such local manufacturers include our automation and higher-efficiency solar cell production technologies which we develop in collaboration with customers and research institutes. Also, our furnaces and lapping and polishing machines face, to a limited extent, competition from equipment on the low-end of the price spectrum.
Our principal competitors for printed circuit board assembly equipment and advanced semiconductor packaging vary by product application. The principal competitors for solder reflow systems are Vitronics-Soltec, Heller, Folungwin, ERSA, and Rehm. The principal competitors for advanced semiconductor packaging are Vitronics-Soltec and Heller. Our in-line, controlled atmosphere furnaces compete primarily against products offered by Centrotherm, and SierraTherm/Schmid Thermal Systems. We also face competition from emerging low cost Asian manufacturers and other established European manufacturers.
Although price is a factor in buying decisions, we believe that technological leadership, process capability, throughput, environmental safeguards, uptime, mean time-to-repair, cost of ownership and after-sale support have become increasingly important factors. We compete primarily on the basis of these criteria, rather than on the basis of price alone.
General Industrial Lapping and Polishing Machines, Supplies and Semiconductor Wafer Markets. We experience price competition for wafer carriers produced by foreign manufacturers for which there is very little publicly available information. As a result, we are intensifying our efforts to reduce the cost of our carriers and will continue to compete with other manufacturers of carriers by continuing to update our product line to keep pace with the rapid changes in our customers requirements and by providing a high level of quality and customer service. We produce steel carriers, including insert carriers, on an advanced laser-cutting tool, which reduces our costs and lead times and increases our control over quality. Competitors of our lapping and polishing machines and supplies include Peter Wolters and Speedfam, Lapmaster International, LLC, Hamai Co., Ltd., Onse, Inc. and Eminess Technologies, Inc. Our strategy to enhance our sales of wafer carriers includes developing additional niche markets for templates and providing a high level of customer support and products at a lower cost than our competitors.
Publicly Traded Peers of Amtech Systems Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Amtech Systems Inc | 254.23 | 80.49 |
| Axcelis Technologies Inc | 3,860.93 | 866.07 |
| SUBTOTAL | 4,115.16 | 946.56 |
Sources: Amtech Systems Inc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Amtech Systems Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Amtech Systems Inc's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Sandvik AB | Named by the company | 85% |
| Hamai Co | Named by the company | 85% |
| Centrotherm GmbH | Named by the company | 85% |
| Schmid Thermal Systems | Named by the company | 85% |
| Sevenstar Electronics | Named by the company | 85% |
| Eminess Technologies | Named by the company | 85% |
| Koyo Systems Co. Ltd | Named by the company | 85% |
| Lapmaster International | Named by the company | 85% |
| S.C New Energy | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Amtech Systems Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Amtech Systems Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Amtech Systems Inc | Thermal Processing Solutions 74.54 % |
| Axcelis Technologies Inc | Single Reportable Segment 100.00 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Amtech Systems Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Amtech Systems Inc | 254 | 304,875 | 15,152 |
| Axcelis Technologies Inc | 3,861 | 591,175 | 63,337 |
| PEERS TOTAL | 3,861 | 591,175 | 63,337 |
Amtech Systems Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Axcelis Technologies Inc | Asia Pacific 72.59 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Amtech Systems Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 128 companies in Amtech Systems Inc's industry classification, broader than the peer set above. Market cap in millions of $.Amtech Systems Inc ranks #80 of 128 companies by market capitalization in its industry, holding 0.01 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 1,565, indicating a moderately concentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Asml Holding Nv | 688,901 | 31.96 % |
| 2 | Lam Research Corporation | 396,579 | 18.40 % |
| 3 | Deere and Co | 186,672 | 8.66 % |
| 4 | Eaton Corporation Plc | 168,034 | 7.80 % |
| 5 | Cae Inc | 1,234 | 5.2% |
| 6 | Bloom Energy Corporation | 1,234 | 5.2% |
| 7 | Illinois Tool Works Inc | 1,234 | 5.2% |
| 8 | Carrier Global Corporation | 1,234 | 5.2% |
| 9 | Ingersoll Rand Inc | 1,234 | 5.2% |
| 10 | Nvent Electric Plc | 1,234 | 5.2% |
| 80 | Amtech Systems Inc | 254 | 0.01 % |
Market cap and industry share for the rest of Amtech Systems Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Amtech Systems Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 75 | Energy Recovery Inc | 346 | -56.10 % |
| 76 | Airjoule Technologies Corporation | 271 | -24.33 % |
| 77 | Perma pipe International Holdings Inc | 263 | 38.79 % |
| 78 | Graftech International Ltd | 261 | -20.81 % |
| 79 | Electrovaya Inc | 1,234 | 12.3% |
| 80 | Amtech Systems Inc | 254 | 75.36 % |
| 81 | Microvast Holdings Inc | 1,234 | 12.3% |
| 82 | Taylor Devices Inc | 1,234 | 12.3% |
| 83 | A2z Cust2mate Solutions Corp | 1,234 | 12.3% |
| 84 | Nn Inc | 1,234 | 12.3% |
| 85 | Novonix Limited | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Amtech Systems Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Amtech Systems Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Industrial Machinery and Components industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (166 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 47.55 % | 28.58 % (avg) | +19.0 pp |
| Operating Margin | 8.22 % | industry median | +2.6 pp |
| EBITDA Margin | 15.34 % | 3.86 % (avg) | +11.5 pp |
| Capital Intensity (Capex / Revenue) | - | 5.98 % (avg) | - |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Amtech Systems Inc's Valuation vs Competitive Position
Valuation multiples vs the Industrial Machinery and Components industry average (166 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 73.7x | 33.3x | +40.5x |
| EV / EBITDA | 22.4x | 19.5x | +3.0x |
| P/B | 4.5x | 4.0x | +0.4x |
| Return on Equity | 5.75 % | industry aggregate | -9.91 % |
| Return on Invested Capital | 4.32 % | 1.28 % (avg) | 3.04 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Amtech Systems Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | -32.68 % | -45.78 % | -17.74 % | 50.70 % | 6.31 % | 9.64 % | -13.60 % | -26.90 % |
| Operating Margin | -3.48 % | 11.10 % | -1.70 % | 4.14 % | 13.30 % | -19.26 % | 2.58 % | -38.88 % |
| Return on Invested Capital | -2.34 % | 4.64 % | -0.61 % | 2.12 % | 6.83 % | -10.91 % | 1.54 % | -23.66 % |
| P/E | - | - | - | 84.3x | 9.5x | - | 66.8x | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Amtech Systems Inc's Strategic Group Map
Every company in Amtech Systems Inc's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Amtech Systems Inc is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Amtech Systems Inc's BCG Growth-Share Matrix
Relative market share (vs Amtech Systems Inc's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Amtech Systems Inc falls in the Dog quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue 7.4% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Amtech Systems Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Moderate | Industry HHI of 1,565 (see Industry Market Structure & Concentration above) |
| Supplier Power | Not covered on this page | See Amtech Systems Inc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Amtech Systems Inc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Amtech Systems Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Amtech Systems Inc falls in the Medium attractiveness / Medium strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Amtech Systems Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+11.2% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Return on equity 9.9 points below the industry aggregate.
- Low relative market share vs the industry leader (0.00x).
Opportunities
- A meaningful share of tracked competitors (100.00 %) show financial-distress signals, a possible opening to gain share.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Amtech Systems Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Amtech Systems Inc | 1.63 | 3.58 | 0.00 |
| Axcelis Technologies Inc | 0.81 | 4.80 | - |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Amtech Systems Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Amtech Systems Inc | Q2 2026 | +17.0 % | +1,464.2 % |
| Axcelis Technologies Inc | Q2 2026 | +10.6 % | -25.8 % |
| PEERS TOTAL | +11.2 % | -20.8 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Amtech Systems Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Amtech Systems Inc | Q2 2026 | +11.9 % | -77.2 % |
| Axcelis Technologies Inc | Q2 2026 | +15.7 % | +79.0 % |
Amtech Systems Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Amtech Systems Inc | 3.64% | 4.54% | 5.75% |
| Axcelis Technologies Inc | 6.78% | 7.94% | 8.91% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Amtech Systems Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Amtech Systems Inc | 59.95 | 3.16 |
| Axcelis Technologies Inc | 41.90 | 4.46 |
| PEERS AVERAGE | 42.52 | 4.35 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.