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Amtech Systems (Amtech Systems) Beta : 1.54 (As of May. 21, 2024)


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What is Amtech Systems Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-21), Amtech Systems's Beta is 1.54.


Amtech Systems Beta Historical Data

The historical data trend for Amtech Systems's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amtech Systems Beta Chart

Amtech Systems Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.01 1.53 1.36 1.14 1.66

Amtech Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.51 1.58 1.66 1.45 1.44

Competitive Comparison of Amtech Systems's Beta

For the Semiconductor Equipment & Materials subindustry, Amtech Systems's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amtech Systems's Beta Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Amtech Systems's Beta distribution charts can be found below:

* The bar in red indicates where Amtech Systems's Beta falls into.



Amtech Systems Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.


Amtech Systems  (NAS:ASYS) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)


Amtech Systems Beta Related Terms

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Amtech Systems (Amtech Systems) Business Description

Traded in Other Exchanges
Address
131 South Clark Drive, Tempe, AZ, USA, 85288
Amtech Systems Inc is a manufacturer of capital equipment, including thermal processing and wafer polishing, and related consumables used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon power chips, electronic assemblies, and light-emitting diodes (LEDs). the company has two segments; Semiconductor; it designs, manufactures, sells, and services thermal processing equipment and related controls for use by semiconductor manufacturers, and in electronics, automotive, and other industries; and Material and Substrate - it produces consumables and machinery for lapping (fine abrading) and polishing of materials, such as sapphire substrates, optical components, silicon wafers, numerous types of crystal materials, ceramics and metal components.
Executives
Robert C Daigle director C/O: ROGERS CORPORATION, ONE TECHNOLOGY DRIVE PO BOX 188, ROGERS CT 06263-0188
Robert M Averick director, 10 percent owner KOKINO LLC, 201 TRESSER BOULEVARD, 3RD FLOOR, STAMFORD CT 06901
Michael M Ludwig director C/O AMTECH SYSTEMS, INC., 131 S CLARK DRIVE, TEMPE AZ 85288
Michael Whang officer: Vice President of Operations 131 S CLARK DRIVE, TEMPE AZ 85281
Jong S Whang director, officer: Executive Chairman
Robert F King director C/O AMTECH SYSTEMS INC, 131 SOUTH CLARK DRIVE, TEMPE AZ 85281
Lisa Gibbs officer: VP & Chief Accounting Officer 131 S CLARK DRIVE, TEMPE AZ 85281
Robert T Hass officer: Interim CFO C/O AMTECH SYSTEMS INC, 131 SOUTH CLARK DRIVE, TEMPE AZ 85281
Cornice Fiduciary Management Llc 10 percent owner C/O WILLOW STREET GROUP, LLC, 270 W. PEARL AVENUE, SUITE 104, JACKSON WY 83001
Fokko Pentinga director, officer: President and CEO TEMPRESS SYSTEMS, B.V., RADEWEG 31, VAASSEN P7 8171 MD
Wansem Paul J Van Der director, officer: See Remarks 597 LOWELL ROAD, CONCORD MA 01742
Michael Garnreiter director 6735 E. GREENWAY PARKWAY, UNIT #2049, SCOTTSDALE AZ 85254
Sukesh Mohan director C/O EL CAMINO TECHNOLOGIES LLC, 6200 STONERIDGE MALL ROAD, SUITE 300, PLEASANTON CA 94588
Bradley Clark Anderson officer: Chief Financial Officer 131 SOUTH CLARK DRIVE, TEMPE AZ 85281
Goudena Egbert J. G. director 131 SOUTH CLARK DRIVE, TEMPE AZ 85281