AXT, Inc. (AXTI) vs EPAM Systems, Inc. (EPAM)

A side-by-side comparison of AXT, Inc. and EPAM Systems, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 17, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAXTI vs EPAM

growth of $100 · dividends reinvested · last 10y
AXTI +1961.6% (+35.3%/yr)EPAM +48.5% (+4.0%/yr)AXTI compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$2,062$149
AXTI EPAM

AXTI vs EPAM: by the numbers

  • EPAM is the larger company ($5.16B vs $4.92B market cap).
  • EPAM trades at the lower trailing earnings multiple (13.62 vs 3415.90 P/E), one valuation lens rather than an overall verdict.
  • EPAM converts more revenue to profit (7.15% vs 3.23% net margin).
  • EPAM grew revenue faster over the past five years (13.08% vs -1.52% CAGR).

Metrics side by side

Valuation

MetricAXTIEPAM
P/E ratio3415.9013.62
Forward P/EN/A7.71
P/S ratio41.290.94
P/B ratio5.841.49
EV / EBITDA362.956.48
FCF yieldN/A9.18%

Profitability

MetricAXTIEPAM
Gross margin12.73%28.33%
Operating margin-24.88%10.26%
Net margin3.23%7.15%
ROE0.46%11.42%
ROIC-5.41%9.82%

Growth (annualized)

MetricAXTIEPAM
Revenue CAGR (5Y)-1.52%13.08%
EPS CAGR (5Y)N/A2.86%
FCF CAGR (5Y)N/A6.36%
Total return CAGR (5Y)53.44%-30.22%

Frequently asked

Which has the lower trailing P/E, AXTI or EPAM?
EPAM has the lower trailing P/E: AXTI trades at 3415.90 and EPAM at 13.62. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AXTI or EPAM?
Over the past five years, EPAM grew revenue faster — AXTI at a -1.52% CAGR versus EPAM at 13.08%.
Is AXTI or EPAM more profitable?
EPAM runs the higher net margin — AXTI at 3.23% versus EPAM at 7.15%.
How have AXTI and EPAM total returns compared?
Over the past 10 years, AXTI delivered 35.25% and EPAM delivered 3.92% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 17, 2026.