VECO

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% overvalued

Profile

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) Valuation

VECO Fair Value Estimate

$10.1382.5% overvalued

Blended fair value estimate based on DCF, Graham Number, and earnings-based models.

VECO Valuation Metrics

FCF$53.29M

FCF Growth Rate—

EPS Growth (CAGR)-40.37%

WACC10.00%

Fair Value Models

Graham Number, PEG-based, and Earnings-based models

View Fair Value →

VECO Valuation & Fair Value Analysis

Veeco Instruments Inc (VECO) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.

The GoodMoat Fair Value target for Veeco Instruments Inc is $10.13. The current stock price is $57.74, suggesting the stock is 469.8% overvalued.

The price-to-earnings (P/E) ratio is 150.83. Price-to-book ratio is 3.94. Price-to-sales ratio is 5.32. Enterprise value to EBITDA is 65.05. PEG ratio is -1.44.

GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of Veeco Instruments Inc's intrinsic value.