Comparative Analysis of Financial Ratios of Selected Semiconductor Equipment Firms During 2020-2023

As a matter of fact, the semiconductor equipment industry has been developing rapidly. On this basis, this research provides a comparative analysis of the financial ratios of four selected semiconductor equipment firms, i.e., Axcelis Technologies (ACLS), ACM Research (ACMR), Onto Innovation (ONTO), and Veeco Instruments (VECO), over the period from 2020 to 2023. With this in mind, the study aims to evaluate the financial health, operational efficiency, as well as market performance of these firms in order to identify the optimal investment target for value investing. According to the analysis, a specific investing target is selected. Overall, this research is useful in comparing assets and liabilities, gross revenue, stocks, bonds, return on investment, and other specifications of each of these companies that bring out their strong and weak areas. Based on the analysis, ACLS emerges as the most promising candidate due to its robust financial performance and stable market valuation.