Veeco Instruments Inc
Exchange: NASDAQSector: TechnologyIndustry: Semiconductor Equipment & Materials
Veeco is an innovative manufacturer of semiconductor process equipment. Our laser annealing, ion beam, chemical vapor deposition (CVD), metal organic chemical vapor deposition (MOCVD), single wafer etch & clean and lithography technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. With equipment designed to optimize performance, yield and cost of ownership, Veeco holds leading technology positions in the markets we serve.
Current Price
$57.74
+1.94%GoodMoat Value
$10.13
82.5% overvaluedProfile
Valuation (TTM)
Market Cap$3.49B
P/E150.83
EV—
P/B3.94
Shares Out60.39M
P/Sales5.32
Revenue$655.34M
EV/EBITDA65.05
Veeco Instruments Inc (VECO) Stock Analysis
Market Cap$3.49B
Current Price$57.74
P/E Ratio150.83
Forward P/E—
PEG Ratio-1.44
EPS$0.59
Book Value$14.66
P/B Ratio3.94
VECO Financial Charts
FCF vs CAPEX
FCFCAPEX
Cash vs Debt
Net Debt: 94M
Revenue
419M
FY19
454M
FY20
583M
FY21
646M
FY22
666M
FY23
717M
FY24
664M
FY25
Net Income
—
FY19
—
FY20
26M
FY21
167M
FY22
—
FY23
74M
FY24
35M
FY25
VECO 52-Week Range
$19.20
$62.01
50-Day MA: $44.44200-Day MA: $33.02
Did you know?
Currently trading near its 52-week high — in the top 10% of its range.
Veeco Instruments Inc (VECO) Financial Summary
Veeco Instruments Inc (VECO) is a Technology company in the Semiconductor Equipment & Materials industry, listed on NASDAQ. The stock currently trades at $57.74 with a market capitalization of $3.49B.
Key valuation metrics include a P/E ratio of 150.83, price-to-book ratio of 3.94, and EPS of $0.59. The company reports a profit margin of 3.5% and return on equity of 2.6%.
VECO Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $3.49B |
| P/E Ratio | 150.83 |
| EPS | $0.59 |
| P/B Ratio | 3.94 |
| P/S Ratio | 5.32 |
| EV/EBITDA | 65.05 |
| Profit Margin | 3.5% |
| Return on Equity | 2.6% |
| Debt/Equity | 0.29 |
VECO Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $419.35M | $-78.73M |
| FY20 | $454.16M | $-8.39M |
| FY21 | $583.28M | $26.04M |
| FY22 | $646.14M | $166.94M |
| FY23 | $666.43M | $-30.37M |
| FY24 | $717.30M | $73.71M |
| FY25 | $664.29M | $35.39M |
Veeco Instruments Inc (VECO) Valuation
Based on GoodMoat's DCF model, Veeco Instruments Inc has a fair value estimate of $10.13. At the current price of $57.74, the stock appears 469.8% overvalued relative to our intrinsic value estimate.
VECO Quality Indicators
Veeco Instruments Inc maintains a profit margin of 3.5% and an operating margin of 5.4%. Return on equity stands at 2.6%. The current ratio is 4.75. Debt-to-equity ratio is 0.29.
About Veeco Instruments Inc
Veeco is an innovative manufacturer of semiconductor process equipment. Our laser annealing, ion beam, chemical vapor deposition (CVD), metal organic chemical vapor deposition (MOCVD), single wafer etch & clean and lithography technologies play an integral role in the fabrication and packaging of advanced semiconductor devices. With equipment designed to optimize performance, yield and cost of ownership, Veeco holds leading technology positions in the markets we serve.
VECO Free Cash Flow
Veeco Instruments Inc generated $53.29M in trailing twelve-month free cash flow, representing an FCF yield of 1.53%. This low FCF yield may reflect heavy reinvestment or growth spending.
VECO Shares Outstanding
Veeco Instruments Inc has 0.06 billion shares outstanding at a share price of $57.74, giving it a market capitalization of $3.49B.