Company Analysis

Amtech Systems, Inc. (ASYS)

Nasdaq: ASYS · Special Industry Machinery, NEC · Tempe, AZ · filing with the SEC since 1995
Grade2.9
◀ Past 2.4● Present 2.6▶ Future 3.8

The grade of Amtech Systems, Inc.

Nine metrics read from its own filings, by tense
Headline grade
2.9/10
◀ Past2.430% of the headline
● Present2.640% of the headline
▶ Future3.830% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

2.4/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
2.3/10

Has it survived what it has been through?

3 warning events since 2017; the latest 2024-03-05.

weight 33% of this tense · 23rd percentile among 13 sector filers · read for itself

From the record

Amtech Systems, Inc.'s filings since 2017 show 3 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2021-03-26); an auditor change (8-K item 4.01, 2 times, the latest 2024-03-05) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.4/10

What has it actually done, year after year?

-4.5% a year over 10 filed years; profitable in 4 of 10.

weight 45% of this tense · 24th percentile among 13 sector filers · read for its customers

From the record

Amtech Systems, Inc.'s 10 filed years say what it did: revenue went from $120 million in fiscal 2016 to $79 million in fiscal 2025, down 4.5% a year; it rose in 4 of 9 years; the deepest fall was 46% from fiscal 2016 to fiscal 2020; net income was positive in 4 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-4.5%bottom 12% of its family
  • the share of years revenue rosebottom 27% of its family
  • the share of filed years with a profitbottom 23% of its family
  • the deepest fall from a revenue peak45.6%bottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.6/10

How has it treated the people who own it?

Share count grew 0.3% a year. 0% of cash flow returned. Insiders: 0 sales, 2 purchases.

weight 22% of this tense · 26th percentile among 11 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-09-30, Amtech Systems, Inc.'s diluted share count grew about 0.3% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 2 purchases of their own stock on the open market in the year to 2026-09-30, buying about $78 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 35% of its family
  • cash returned against operating cash flowbottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

2.6/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
3.5/10

Is it financially healthy right now?

ROE -57%: lost 57¢ per shareholder dollar. Leverage 43%: owes 43¢ per asset dollar.

weight 45% of this tense · 35th percentile among 13 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-09-30, Amtech Systems, Inc. lost about 57 cents for every dollar of shareholders' money, and gross profitability: its products earned about 29 cents per dollar of everything the company owns. Leverage: it owed about 43 cents per dollar of assets, and net share issuance: its share count grew 0.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 27% of its family
  • return on equitybottom 12% of its family
  • gross profit against assetstop 42% of its family
  • the share count against the year beforebottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
2.0/10

How strong is its position in its industry?

bottom 20% of 13 in its family; net margin -38.2%.

weight 33% of this tense · 20th percentile among 13 sector filers · read for its customers

From the record

Amtech Systems, Inc.'s standing among 13 graded names in its industry family: revenue of $79 million in fiscal 2025 ranks in the bottom 38% by size; a net margin of -38.2% ranks in the bottom 12%; revenue growth of -9.3% a year over the last 3 filed years ranks in the bottom 12% (its annual reports).

What it rests on

  • revenue against the family$79.4Mbottom 38% of its family
  • net margin-38.2%bottom 12% of its family
  • three-year revenue growth-9.3%bottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
1.8/10

What are the people in charge doing?

bottom 18% of 12 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 18th percentile among 12 sector filers · read for its shareholders

From the record

Amtech Systems, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Shechter, Guy (President & CEO, as filed), filing under that title since 2026-08-25, 3 months (bottom 21% of its family); the 8 officers and directors filing in the last fifteen months have been on the record a median of 2.8 years (bottom 21%); 9 officer or director changes were reported on Form 8-K since 2023-11-13, against the 8 people in charge now (bottom 13%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge9 in three years among 8 peoplebottom 13% of its family
  • the median years the people in charge have filed2.8 yearsbottom 21% of its family
  • the chief executive's years on the record2 monthsbottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.8/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.0/10

How much room does it have to grow?

bottom 40% of 13 in its family for room to expand.

weight 45% of this tense · 40th percentile among 13 sector filers · read for itself

From the record

Amtech Systems, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $18 million against debt of $294 thousand leaves 19% of its assets as net cash, bottom 42% of its family; cash from operations less capital spending is 8.7% of revenue (top 50%); a gross margin of 34% (bottom 27%) (its annual report).

What it rests on

  • cash less debt against assets19.0%bottom 42% of its family
  • cash from operations less capital spending against revenue8.7%top 50% of its family
  • gross margin34.0%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.3/10

What could actually drive growth from here?

top 47% of 13 in its family for growth drivers.

weight 33% of this tense · 53rd percentile among 13 sector filers · read for its customers

From the record

Amtech Systems, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -9.3% a year over the last three filed years against -4.5% over all 10, slowing (top 50% of its family); the newest year grew -21.6% (bottom 4%); research spending grew 27.1% a year (top 12%); capital spending grew -5.8% a year (top 29%) (its annual reports). Amtech Systems, Inc. reported 2 lines of business in fiscal 2025: Thermal Processing Solutions at $58 million, Semiconductor Fabrication Solutions at $21 million. 0 of 2 grew in the latest filed year, and the largest line is 73% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span-4.8 points a yeartop 50% of its family
  • the newest year's revenue growth-21.6%bottom 4% of its family
  • three-year growth of research spending27.1%top 12% of its family
  • three-year growth of capital spending-5.8%top 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
1.1/10

Did its newest year beat what its own record pointed to?

bottom 12% of 13 in its family for expectations against reality.

weight 22% of this tense · 12th percentile among 13 sector filers · read for its shareholders

From the record

Amtech Systems, Inc.'s newest year against its own record: revenue of $79 million in fiscal 2025 came in 19.6% below the $99 million its prior three years' pace pointed to (bottom 12% of its family); net income of $30 million against a prior three-year average of $1 million (bottom 4%); a net margin of -38.2% against -1% before (bottom 19%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-19.6%bottom 12% of its family
  • net income against the prior three years' averagefive times below its prior average or morebottom 4% of its family
  • net margin against its prior average-37.2 pointsbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ASYS · research, not advice