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Veeco Instruments Inc VECO

Morningstar Rating
$34.40 +0.51 (1.50%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

VECO is trading at a 9% discount.
Price
$33.81
Fair Value
$24.48
Uncertainty
High
1-Star Price
$45.28
5-Star Price
$43.45
Economic Moat
Sbbbv
Capital Allocation
Cgnjnfy
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News

Trading Information

Previous Close Price
$33.89
Day Range
$33.4534.57
52-Week Range
$17.7037.75
Bid/Ask
$32.29 / $55.04
Market Cap
$1.94 Bil
Volume/Avg
421,855 / 469,718

Key Statistics

Price/Earnings (Normalized)
20.23
Price/Sales
2.78
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Veeco Instruments Inc is a United States-based company that is principally engaged in designing, developing, and manufacturing thin-film process equipment, which is mainly used to produce electronic devices. The company's product categories by market consist of lighting, display, and power electronics; advanced packaging; MEMS and RF; scientific and industrial; and data storage. The lighting, display, and power electronics market accounts for over half of the total revenue. The company offers products and services in the United States; China; Europe, the Middle East, and Africa, or EMEA; and the rest of the world, with overseas markets contributing the majority of total revenue.
Sector
Technology
Industry
Semiconductor Equipment & Materials
Stock Style Box
Small Growth
Total Number of Employees
1,215

Comparables

Valuation

Metric
VECO
MCHP
MTSI
Price/Earnings (Normalized)
20.2314.4140.78
Price/Book Value
2.886.587.09
Price/Sales
2.785.5511.55
Price/Cash Flow
15.3913.4243.37
Price/Earnings
VECO
MCHP
MTSI

Financial Strength

Metric
VECO
MCHP
MTSI
Quick Ratio
1.990.517.25
Current Ratio
3.240.989.11
Interest Coverage
−2.3117.228.62
Quick Ratio
VECO
MCHP
MTSI

Profitability

Metric
VECO
MCHP
MTSI
Return on Assets (Normalized)
8.20%21.82%11.00%
Return on Equity (Normalized)
15.90%54.48%19.08%
Return on Invested Capital (Normalized)
10.73%28.31%11.29%
Return on Assets
VECO
MCHP
MTSI
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