Veeco Instruments Inc.
Veeco Instruments develops and sells process equipment for making electronic devices globally. The company offers various systems for deposition, etching, and surface preparation. Its equipment is used to produce microelectronic components like logic chips, memory, photonics devices, power electronics, and more. Veeco sells products to manufacturers, foundries, test companies, research centers, and universities. Founded in 1945, the company is headquartered in New York.
Overview
Strengths
- Current Price to Earnings Ratio (16.61) is lower than the sector mean (41.43).
- Price to book ratio (1.59) is lower than the sector mean (7.14).
- EV/EBITDA (10.46) is lower than the sector mean (31.59).
- EV/EBIT (17.44) is lower than the sector mean.
Weaknesses
- With a depreciation Potential of -23.10%, based on our fundamental analysis, it suggests the stock may be overvalued.
- Analysts expect revenues to decline in the coming year.
- The company has high debt. Net Debt to EBITDA Ratio (1.27) is higher than the sector mean.
- The company have lower returns than the sector in which it operates. ROIC (5.88%) is significantly lower than the sector mean (13.46%).
Key Financial Data
| Indicator | Value |
|---|
| PER | 16.6 |
| EV/EBITDA | 10.5 |
| Price/Free Cash Flow' | 26.8 |
| ROIC | 5.9% |
| Net Debt/EBITDA | 1.3 |