ASYS

Amtech Systems, Inc.

51
Fundamentals67/ 100
Valuation39/ 100
Upside potential63/ 100
Risk potential32/ 100

ASYS trails on the overall score without a compensating advantage in the available component scores.

MSFT

Microsoft Corporation

76
Fundamentals75/ 100
Valuation69/ 100
Upside potential75/ 100
Risk potential10/ 100

MSFT has the edge over ASYS overall, supported by stronger valuation and lower modeled downside.

ASYS Fundamentals

MetricStatus
Healthy
Healthy
Healthy
Strong

ASYS's revenue, profitability, cash flow and balance sheet are all currently healthy.

MSFT Fundamentals

MetricStatus
Healthy
Strong
Healthy
Strong

MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.

ASYS PE Valuation

CHEAPFAIREXPENSIVE35x69x104x139x
CHEAPFAIREXPENSIVE35x69x104x139x
LevelPEPriceVs current
Cheap9.2x$2.48-80%
Fair32x$8.65-30%
Forward35x$12.43—
Current46x$12.43—
Expensive78x$20.98+69%

Historical ranges are pointers, not guarantees.

ASYS's PE is in its fair range at 46x. If earnings grow as analysts expect, today's price would be 35x next year's earnings.

MSFT PE Valuation

CHEAPFAIREXPENSIVE11x21x32x42x
CHEAPFAIREXPENSIVE11x21x32x42x
LevelPEPriceVs current
Forward25x$523—
Cheap27x$525+0.4%
Current27x$523—
Fair34x$652+25%
Expensive37x$711+36%

Historical ranges are pointers, not guarantees.

MSFT has the edge over ASYS in the historical PE scenario, which offers more potential upside but is not a forecast.

ASYS Forward outlook

MetricOutlook
Strongly improving
Growth
Growth
Weakening
Limited
High

Analysts expect earnings and revenue growth for ASYS, but weaker profitability.

MSFT Forward outlook

MetricOutlook
Improving
Strong growth
Strong growth
Stable
Moderate
High

MSFT has the edge over ASYS on the outlook, with more favorable profitability expectations.

ASYS Risk to reward

ScenarioChangePrice
Upside+55%$19.24
Downside-32%$8.48

Calculated from the latest close: $12.43 on Nov 12.

ASYS trails MSFT on modeled risk to reward, with less potential upside relative to its potential downside.

MSFT Risk to reward

ScenarioChangePrice
Upside+28%$671.86
Downside-10%$472.97

Calculated from the latest close: $523.00 on Nov 12.

MSFT has a better modeled risk to reward balance than ASYS, with more potential upside relative to its potential downside.

ASYS Earnings Per Share

Q3 2023: $-0.89Q4 2023: $-1.35Q1 2024: $-1.51Q2 2024: $-1.41Q3 2024: $-0.60Q4 2024: $0.08Q1 2025: $-2.22Q2 2025: $-2.24Q3 2025: $-2.12Q4 2025: $-2.13Q1 2026: $0.18Q2 2026: $0.27Forward: $0.36
Q3 2023: $-0.89Q4 2023: $-1.35Q1 2024: $-1.51Q2 2024: $-1.41Q3 2024: $-0.60Q4 2024: $0.08Q1 2025: $-2.22Q2 2025: $-2.24Q3 2025: $-2.12Q4 2025: $-2.13Q1 2026: $0.18Q2 2026: $0.27Forward: $0.36
QuarterTTM EPSYoY
Forward$0.36+33%
Q2 2026$0.27+$2.51
Q1 2026$0.18+$2.40
Q4 2025-$2.13-2762%
Q3 2025-$2.12-$1.52
Q2 2025-$2.24-$0.83
Q1 2025-$2.22-$0.71
Q4 2024$0.08+$1.43
Q3 2024-$0.60+$0.29

ASYS has returned to profit: it earned $0.27 per share over the past year, after losing money the year before.

MSFT Earnings Per Share

Q4 2023: $11.05Q1 2024: $11.54Q2 2024: $11.80Q3 2024: $12.11Q4 2024: $12.41Q1 2025: $12.93Q2 2025: $13.64Q3 2025: $14.06Q4 2025: $15.99Q1 2026: $16.80Q2 2026: $17.95Q3 2026: $19.15Forward: $20.79
Q4 2023: $11.05Q1 2024: $11.54Q2 2024: $11.80Q3 2024: $12.11Q4 2024: $12.41Q1 2025: $12.93Q2 2025: $13.64Q3 2025: $14.06Q4 2025: $15.99Q1 2026: $16.80Q2 2026: $17.95Q3 2026: $19.15Forward: $20.79
QuarterTTM EPSYoY
Forward$20.79+8.6%
Q3 2026$19.15+36%
Q2 2026$17.95+32%
Q1 2026$16.80+30%
Q4 2025$15.99+29%
Q3 2025$14.06+16%
Q2 2025$13.64+16%
Q1 2025$12.93+12%
Q4 2024$12.41+12%

MSFT has the edge over ASYS on earnings, with more consistent year-over-year improvement.

ASYS Quarterly Revenue

Q3 2023: $28MQ4 2023: $25MQ1 2024: $25MQ2 2024: $27MQ3 2024: $24MQ4 2024: $24MQ1 2025: $16MQ2 2025: $20MQ3 2025: $20MQ4 2025: $19MQ1 2026: $20MQ2 2026: $22M
Q3 2023: $28MQ4 2023: $25MQ1 2024: $25MQ2 2024: $27MQ3 2024: $24MQ4 2024: $24MQ1 2025: $16MQ2 2025: $20MQ3 2025: $20MQ4 2025: $19MQ1 2026: $20MQ2 2026: $22M
QuarterRevenueYoY
Q2 2026$22.4M+14%
Q1 2026$20.5M+31%
Q4 2025$19M-22%
Q3 2025$19.8M-18%
Q2 2025$19.6M-27%
Q1 2025$15.6M-39%
Q4 2024$24.4M-2.1%
Q3 2024$24.1M-13%

ASYS's revenue is recovering but still below its 2023 peak: $22M last quarter, up 14% from the same quarter a year ago.

MSFT Quarterly Revenue

Q4 2023: $62BQ1 2024: $61.9BQ2 2024: $64.7BQ3 2024: $65.6BQ4 2024: $69.6BQ1 2025: $70.1BQ2 2025: $76.4BQ3 2025: $77.7BQ4 2025: $81.3BQ1 2026: $82.9BQ2 2026: $90BQ3 2026: $92.3B
Q4 2023: $62BQ1 2024: $61.9BQ2 2024: $64.7BQ3 2024: $65.6BQ4 2024: $69.6BQ1 2025: $70.1BQ2 2025: $76.4BQ3 2025: $77.7BQ4 2025: $81.3BQ1 2026: $82.9BQ2 2026: $90BQ3 2026: $92.3B
QuarterRevenueYoY
Q3 2026$92.3B+19%
Q2 2026$90B+18%
Q1 2026$82.9B+18%
Q4 2025$81.3B+17%
Q3 2025$77.7B+18%
Q2 2025$76.4B+18%
Q1 2025$70.1B+13%
Q4 2024$69.6B+12%

MSFT has the edge over ASYS on sales, with more consistent year-over-year improvement.

ASYS Free Cash Flow

Q3 2023: −$2MQ4 2023: $4MQ1 2024: −$884,000Q2 2024: $322,000Q3 2024: $1MQ4 2024: $3MQ1 2025: $201,000Q2 2025: $2MQ3 2025: $2MQ4 2025: $4MQ1 2026: $2MQ2 2026: $994,000
Q3 2023: −$2MQ4 2023: $4MQ1 2024: −$884,000Q2 2024: $322,000Q3 2024: $1MQ4 2024: $3MQ1 2025: $201,000Q2 2025: $2MQ3 2025: $2MQ4 2025: $4MQ1 2026: $2MQ2 2026: $994,000
QuarterFree cash flowYoY
Q2 2026$994K-50%
Q1 2026$1.9M+843%
Q4 2025$3.8M+40%
Q3 2025$2M+54%
Q2 2025$2M+515%
Q1 2025$201K+$1.1M
Q4 2024$2.7M-35%
Q3 2024$1.3M+$2.8M

ASYS has the edge over MSFT on cash flow, with more consistent year-over-year improvement.

MSFT Free Cash Flow

Q4 2023: $9.1BQ1 2024: $21BQ2 2024: $23.3BQ3 2024: $19.3BQ4 2024: $6.5BQ1 2025: $20.3BQ2 2025: $25.6BQ3 2025: $25.7BQ4 2025: $5.9BQ1 2026: $15.8BQ2 2026: $19.6BQ3 2026: $18.6B
Q4 2023: $9.1BQ1 2024: $21BQ2 2024: $23.3BQ3 2024: $19.3BQ4 2024: $6.5BQ1 2025: $20.3BQ2 2025: $25.6BQ3 2025: $25.7BQ4 2025: $5.9BQ1 2026: $15.8BQ2 2026: $19.6BQ3 2026: $18.6B
QuarterFree cash flowYoY
Q3 2026$18.6B-27%
Q2 2026$19.6B-23%
Q1 2026$15.8B-22%
Q4 2025$5.9B-9.3%
Q3 2025$25.7B+33%
Q2 2025$25.6B+9.6%
Q1 2025$20.3B-3.2%
Q4 2024$6.5B-29%

MSFT's free cash flow has been positive every quarter for seven years: $60B over the past year, down 23% from the year before.

ASYS Total Shares

Q3 2023: 14MQ4 2023: 14MQ1 2024: 14MQ2 2024: 14MQ3 2024: 14MQ4 2024: 14MQ1 2025: 14MQ2 2025: 14MQ3 2025: 14MQ4 2025: 15MQ1 2026: 15MQ2 2026: 16M
Q3 2023: 14MQ4 2023: 14MQ1 2024: 14MQ2 2024: 14MQ3 2024: 14MQ4 2024: 14MQ1 2025: 14MQ2 2025: 14MQ3 2025: 14MQ4 2025: 15MQ1 2026: 15MQ2 2026: 16M
PeriodChange %Net change
Quarterly+7.4%+1.1M shares
1 year+12%+1.7M shares
3 years+14%+2M shares
5 years+12%+1.7M shares
Available history+12%+1.7M shares

ASYS has 16M diluted shares, up 12% from a year ago.

MSFT Total Shares

Q4 2023: 7.5BQ1 2024: 7.5BQ2 2024: 7.5BQ3 2024: 7.5BQ4 2024: 7.5BQ1 2025: 7.5BQ2 2025: 7.5BQ3 2025: 7.5BQ4 2025: 7.5BQ1 2026: 7.4BQ2 2026: 7.5BQ3 2026: 7.4B
Q4 2023: 7.5BQ1 2024: 7.5BQ2 2024: 7.5BQ3 2024: 7.5BQ4 2024: 7.5BQ1 2025: 7.5BQ2 2025: 7.5BQ3 2025: 7.5BQ4 2025: 7.5BQ1 2026: 7.4BQ2 2026: 7.5BQ3 2026: 7.4B
PeriodChange %Net change
Quarterly-0.1%-7M shares
1 year-0.3%-20M shares
3 years-0.2%-16M shares
5 years-1.6%-121M shares
Available history-3.2%-245M shares

MSFT has the edge over ASYS on shareholder dilution, with a more favorable share count trend.

ASYS Net Leverage

Q4 2024: -2.4xQ1 2026: -3.1xQ2 2026: -9.2x
Q4 2024: -2.4xQ1 2026: -3.1xQ2 2026: -9.2x
QuarterNet LeverageStatus
Q2 2026-9.2xNet Cash
Q1 2026-3.1xNet Cash
Q4 2024-2.4xNet Cash
Q2 2023-0.7xNet Cash
Q1 2023-0.4xNet Cash
Q4 2022-3.0xNet Cash
Q3 2022-2.5xNet Cash
Q2 2022-2.9xNet Cash

ASYS has the edge over MSFT on leverage, with a lower net debt burden relative to earnings.

MSFT Net Leverage

Q2 2026: 0.1xQ3 2026: 0.1x
Q2 2026: 0.1xQ3 2026: 0.1x
QuarterNet LeverageStatus
Q3 20260.1xVery low
Q2 20260.1xVery low

MSFT's net debt is less than a year of its operating earnings (EBITDA).

ASYS Weekly Momentum

MetricValueStatus
RSI42.2Neutral
Stochastic14.1Oversold

ASYS's weekly RSI is 42 (neutral) and its Stochastic is 14 (oversold).

MSFT Weekly Momentum

MetricValueStatus
RSI62.1Neutral
Stochastic68.0Neutral

MSFT's weekly RSI is 62 (neutral) and its Stochastic is 68 (neutral).

ASYS PE vs Technology Sector

MetricASYSSector medianRelative
PE46x28x65% above
PE %603525 pts above

ASYS is trading at 46x earnings, a 65% premium to the Technology sector's median of 28x.

MSFT PE vs Technology Sector

MetricMSFTSector medianRelative
PE27x28x2% below
PE %163519 pts below

MSFT has the edge over ASYS on valuation relative to its sector.

ASYS Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$14.011% below
20 week MA$15.118% below
50 week MA$15.319% below
100 week MA$10.519% above
200 week MA$8.7442% above

ASYS has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 42% above its 200-week average.

MSFT Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$524.70.3% below
20 week MA$484.87.9% above
50 week MA$446.917% above
100 week MA$453.815% above
200 week MA$411.527% above

MSFT has the edge over ASYS on trend strength, trading above more of its moving averages.

ASYS Yearly ROI

YearStart priceEnd priceROI
2020$7.01$6.13-13%
2021$6.13$9.49+55%
2022$9.49$7.85-17%
2023$7.85$4.20-46%
2024$4.20$5.54+32%
2025$5.54$12.8+130%
2026 YTD$12.8$12.4-2.6%

ASYS's yearly returns have swung widely, from +130% in 2025 to −46% in 2023. It's down 2.6% so far in 2026.

MSFT Yearly ROI

YearStart priceEnd priceROI
2020$159.0$222.8+40%
2021$222.8$334.7+50%
2022$334.7$238.7-29%
2023$238.7$376.0+58%
2024$376.0$430.5+14%
2025$430.5$487.7+13%
2026 YTD$487.7$523.0+7.2%

MSFT has the edge over ASYS on returns for 2026, with the stronger performance.

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