Switch to:
Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash-to-Debt 288.30
VECO's Cash-to-Debt is ranked higher than
75% of the 847 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.77 vs. VECO: 288.30 )
Ranked among companies with meaningful Cash-to-Debt only.
VECO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02  Med: 2.49 Max: No Debt
Current: 288.3
Equity-to-Asset 0.78
VECO's Equity-to-Asset is ranked higher than
76% of the 844 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 0.62 vs. VECO: 0.78 )
Ranked among companies with meaningful Equity-to-Asset only.
VECO' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.05  Med: 0.65 Max: 0.87
Current: 0.78
-0.05
0.87
Piotroski F-Score: 5
Altman Z-Score: 4.61
Beneish M-Score: -2.88
WACC vs ROIC
7.26%
-40.54%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 3/10

vs
industry
vs
history
Operating Margin % -36.22
VECO's Operating Margin % is ranked lower than
91% of the 844 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 4.69 vs. VECO: -36.22 )
Ranked among companies with meaningful Operating Margin % only.
VECO' s Operating Margin % Range Over the Past 10 Years
Min: -36.22  Med: -3.94 Max: 32.58
Current: -36.22
-36.22
32.58
Net Margin % -36.76
VECO's Net Margin % is ranked lower than
90% of the 843 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 3.63 vs. VECO: -36.76 )
Ranked among companies with meaningful Net Margin % only.
VECO' s Net Margin % Range Over the Past 10 Years
Min: -36.76  Med: -6.11 Max: 38.86
Current: -36.76
-36.76
38.86
ROE % -18.75
VECO's ROE % is ranked lower than
86% of the 826 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 4.52 vs. VECO: -18.75 )
Ranked among companies with meaningful ROE % only.
VECO' s ROE % Range Over the Past 10 Years
Min: -30.15  Med: -5.32 Max: 64.51
Current: -18.75
-30.15
64.51
ROA % -14.92
VECO's ROA % is ranked lower than
87% of the 850 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 2.48 vs. VECO: -14.92 )
Ranked among companies with meaningful ROA % only.
VECO' s ROA % Range Over the Past 10 Years
Min: -15.68  Med: -3.31 Max: 41.26
Current: -14.92
-15.68
41.26
ROC (Joel Greenblatt) % -141.43
VECO's ROC (Joel Greenblatt) % is ranked lower than
94% of the 849 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 9.62 vs. VECO: -141.43 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
VECO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -154.46  Med: -16.25 Max: 273.13
Current: -141.43
-154.46
273.13
3-Year Revenue Growth Rate -0.40
VECO's 3-Year Revenue Growth Rate is ranked lower than
59% of the 720 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 2.80 vs. VECO: -0.40 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
VECO' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -26.9  Med: -3.1 Max: 19.1
Current: -0.4
-26.9
19.1
3-Year EBITDA Growth Rate 17.80
VECO's 3-Year EBITDA Growth Rate is ranked higher than
69% of the 544 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 5.50 vs. VECO: 17.80 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
VECO' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -65.2  Med: 4.6 Max: 135.6
Current: 17.8
-65.2
135.6
3-Year EPS without NRI Growth Rate 41.80
VECO's 3-Year EPS without NRI Growth Rate is ranked higher than
84% of the 487 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 0.90 vs. VECO: 41.80 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
VECO' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -80.8  Med: -13.7 Max: 330.9
Current: 41.8
-80.8
330.9
GuruFocus has detected 5 Warning Signs with Veeco Instruments Inc $VECO.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» VECO's 10-Y Financials

Financials (Next Earnings Date: 2017-05-04)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q2 2016

VECO Guru Trades in Q2 2016

Jim Simons 1,428,000 sh (+10.65%)
First Pacific Advisors 1,886,986 sh (+8.40%)
FPA Capital Fund 962,000 sh (+6.49%)
Ken Fisher 1,802,418 sh (+0.01%)
Chuck Royce 2,500 sh (unchged)
Paul Tudor Jones Sold Out
Barrow, Hanley, Mewhinney & Strauss 135,285 sh (-0.13%)
Arnold Schneider 196,441 sh (-0.24%)
» More
Q3 2016

VECO Guru Trades in Q3 2016

Chuck Royce 272,677 sh (+10807.08%)
Barrow, Hanley, Mewhinney & Strauss 176,546 sh (+30.50%)
Arnold Schneider 229,210 sh (+16.68%)
FPA Capital Fund 979,330 sh (+1.80%)
Ken Fisher 1,824,643 sh (+1.23%)
Jim Simons 1,438,400 sh (+0.73%)
First Pacific Advisors 1,831,856 sh (-2.92%)
» More
Q4 2016

VECO Guru Trades in Q4 2016

Chuck Royce 274,977 sh (+0.84%)
Barrow, Hanley, Mewhinney & Strauss 176,162 sh (-0.22%)
Jim Simons 1,338,900 sh (-6.92%)
Ken Fisher 1,570,581 sh (-13.92%)
First Pacific Advisors 1,531,780 sh (-16.38%)
FPA Capital Fund 810,280 sh (-17.26%)
Arnold Schneider 178,625 sh (-22.07%)
» More
Q1 2017

VECO Guru Trades in Q1 2017

FPA Capital Fund 810,280 sh (unchged)
Ken Fisher 1,518,100 sh (-3.34%)
» More
» Details

Insider Trades

Latest Guru Trades with VECO

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Semiconductors » Semiconductor Equipment & Materials    NAICS: 334519    SIC: 3674
Compare:NAS:KLIC, OTCPK:IGNMF, NAS:BRKS, OTCPK:BESIY, NAS:XPER, NAS:UTEK, NAS:NANO, NAS:PLAB, NAS:AMBA, OTCPK:NDCVF, NAS:UCTT, NAS:ACLS, OTCPK:IQEPF, NAS:NVMI, NAS:COHU, NAS:ICHR, NAS:XCRA, OTCPK:AIXNY, NYSE:PKE, OTCPK:RNWEF » details
Traded in other countries:VEO.Germany,
Headquarter Location:USA
Veeco Instruments Inc design, manufacture, and market thin film equipment. The Company's equipment are sold to make electronic devices including LED, power electronics, wireless devises, hard disk drives and semiconductors.

Veeco Instruments 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 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.

Guru Investment Theses on Veeco Instruments Inc

FPA Capital Comments on Veeco Instruments - Jan 30, 2017

VECO (NASDAQ:VECO) contributed 1.16% to the Fund’s quarterly return, nearly equaling AAN’s contribution in the quarter. VECO appreciated over 48% in the quarter due to an acceleration of orders for its key MOCVD tools. These tools are the main manufacturing equipment used to produce LEDs, whether they are for display screens or, increasingly, for lighting products. We estimate that VECO currently has roughly 80% global market share for MOCVD tools used to make LEDs.



 



From FPA Capital's fourth quarter 2016 commentary.



Check out FPA Capital Fund latest stock trades

Top Ranked Articles about Veeco Instruments Inc

FPA Capital Comments on Veeco Instruments Guru stock highlight
VECO (NASDAQ:VECO) contributed 1.16% to the Fund’s quarterly return, nearly equaling AAN’s contribution in the quarter. VECO appreciated over 48% in the quarter due to an acceleration of orders for its key MOCVD tools. These tools are the main manufacturing equipment used to produce LEDs, whether they are for display screens or, increasingly, for lighting products. We estimate that VECO currently has roughly 80% global market share for MOCVD tools used to make LEDs. Read more...
FPA Capital Fund Continues to Buy Western Digital, Veeco The guru's largest buys during the last 2 quarters
FPA Capital Fund (Trades, Portfolio) has a concentrated portfolio and invests primarily in undervalued small- to mid-cap companies. In both the first and second quarters, the guru bought shares in the following stocks: Read more...
Companies' Prices Near 5-Year Lows Veeco Instruments, Alon USA Energy, Bristow Group and Unisys approach milestones
According to GuruFocus' list of five-year lows, these stocks have reached their five-year lows: Veeco Instruments Inc. (NASDAQ:VECO), Alon USA Energy Inc. (NYSE:ALJ), Bristow Group Inc. (NYSE:BRS) and Unisys Corp. (NYSE:UIS). Read more...

Ratios

vs
industry
vs
history
Forward PE Ratio 42.37
VECO's Forward PE Ratio is ranked lower than
91% of the 265 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 19.57 vs. VECO: 42.37 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PB Ratio 2.29
VECO's PB Ratio is ranked lower than
53% of the 836 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.91 vs. VECO: 2.29 )
Ranked among companies with meaningful PB Ratio only.
VECO' s PB Ratio Range Over the Past 10 Years
Min: 0.48  Med: 1.81 Max: 4.99
Current: 2.29
0.48
4.99
PS Ratio 3.96
VECO's PS Ratio is ranked lower than
75% of the 837 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.72 vs. VECO: 3.96 )
Ranked among companies with meaningful PS Ratio only.
VECO' s PS Ratio Range Over the Past 10 Years
Min: 0.3  Med: 1.91 Max: 4.66
Current: 3.96
0.3
4.66
EV-to-EBIT -7.45
VECO's EV-to-EBIT is ranked lower than
99.99% of the 830 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 19.23 vs. VECO: -7.45 )
Ranked among companies with meaningful EV-to-EBIT only.
VECO' s EV-to-EBIT Range Over the Past 10 Years
Min: -1199.1  Med: -4.05 Max: 284.9
Current: -7.45
-1199.1
284.9
EV-to-EBITDA -10.23
VECO's EV-to-EBITDA is ranked lower than
99.99% of the 903 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 13.47 vs. VECO: -10.23 )
Ranked among companies with meaningful EV-to-EBITDA only.
VECO' s EV-to-EBITDA Range Over the Past 10 Years
Min: -150  Med: 4.1 Max: 201
Current: -10.23
-150
201
Shiller PE Ratio 123.21
VECO's Shiller PE Ratio is ranked lower than
85% of the 98 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 9999.00 vs. VECO: 123.21 )
Ranked among companies with meaningful Shiller PE Ratio only.
VECO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 27.16  Med: 54.58 Max: 735.5
Current: 123.21
27.16
735.5
Current Ratio 3.49
VECO's Current Ratio is ranked higher than
70% of the 840 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 2.42 vs. VECO: 3.49 )
Ranked among companies with meaningful Current Ratio only.
VECO' s Current Ratio Range Over the Past 10 Years
Min: 1.56  Med: 3.29 Max: 6.63
Current: 3.49
1.56
6.63
Quick Ratio 2.96
VECO's Quick Ratio is ranked higher than
72% of the 839 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.85 vs. VECO: 2.96 )
Ranked among companies with meaningful Quick Ratio only.
VECO' s Quick Ratio Range Over the Past 10 Years
Min: 0.86  Med: 2.45 Max: 6.1
Current: 2.96
0.86
6.1
Days Inventory 149.65
VECO's Days Inventory is ranked lower than
84% of the 813 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 77.37 vs. VECO: 149.65 )
Ranked among companies with meaningful Days Inventory only.
VECO' s Days Inventory Range Over the Past 10 Years
Min: 62.28  Med: 100.25 Max: 160.71
Current: 149.65
62.28
160.71
Days Sales Outstanding 63.70
VECO's Days Sales Outstanding is ranked higher than
50% of the 766 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 63.48 vs. VECO: 63.70 )
Ranked among companies with meaningful Days Sales Outstanding only.
VECO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.21  Med: 52.5 Max: 87.3
Current: 63.7
26.21
87.3
Days Payable 41.34
VECO's Days Payable is ranked lower than
63% of the 743 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 51.49 vs. VECO: 41.34 )
Ranked among companies with meaningful Days Payable only.
VECO' s Days Payable Range Over the Past 10 Years
Min: 24.43  Med: 38.61 Max: 57.09
Current: 41.34
24.43
57.09

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -0.80
VECO's 3-Year Average Share Buyback Ratio is ranked higher than
67% of the 573 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: -2.40 vs. VECO: -0.80 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
VECO' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -78.5  Med: -6.2 Max: 0.6
Current: -0.8
-78.5
0.6

Valuation & Return

vs
industry
vs
history
Price-to-Net-Cash 7.57
VECO's Price-to-Net-Cash is ranked higher than
65% of the 283 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 10.32 vs. VECO: 7.57 )
Ranked among companies with meaningful Price-to-Net-Cash only.
VECO' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.55  Med: 5.3 Max: 34.78
Current: 7.57
2.55
34.78
Price-to-Net-Current-Asset-Value 4.04
VECO's Price-to-Net-Current-Asset-Value is ranked higher than
61% of the 576 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 4.69 vs. VECO: 4.04 )
Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
VECO' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.24  Med: 3.51 Max: 33.52
Current: 4.04
1.24
33.52
Price-to-Tangible-Book 3.24
VECO's Price-to-Tangible-Book is ranked lower than
64% of the 802 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 2.03 vs. VECO: 3.24 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
VECO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.82  Med: 2.81 Max: 9.81
Current: 3.24
0.82
9.81
Price-to-Intrinsic-Value-Projected-FCF 1.95
VECO's Price-to-Intrinsic-Value-Projected-FCF is ranked lower than
56% of the 457 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.54 vs. VECO: 1.95 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
VECO' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.52  Med: 1.78 Max: 10.6
Current: 1.95
0.52
10.6
Price-to-Median-PS-Value 2.07
VECO's Price-to-Median-PS-Value is ranked lower than
83% of the 750 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 1.17 vs. VECO: 2.07 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
VECO' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.2  Med: 0.9 Max: 2.09
Current: 2.07
0.2
2.09
Earnings Yield (Greenblatt) % -13.46
VECO's Earnings Yield (Greenblatt) % is ranked lower than
99% of the 1019 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 4.11 vs. VECO: -13.46 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
VECO' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -13.92  Med: 8.35 Max: 76.7
Current: -13.46
-13.92
76.7
Forward Rate of Return (Yacktman) % -35.55
VECO's Forward Rate of Return (Yacktman) % is ranked lower than
99.99% of the 365 Companies
in the Global Semiconductor Equipment & Materials industry.

( Industry Median: 6.60 vs. VECO: -35.55 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
VECO' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -35.55  Med: 4.4 Max: 16.5
Current: -35.55
-35.55
16.5

More Statistics

Revenue (TTM) (Mil) $332.5
EPS (TTM) $ -3.12
Beta0.84
Short Percentage of Float14.61%
52-Week Range $15.53 - 32.15
Shares Outstanding (Mil)40.57

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 464 613 555
EPS ($) 0.81 1.60 1.30
EPS without NRI ($) 0.81 1.60 1.30
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($)
» More Articles for VECO

Headlines

Articles On GuruFocus.com
FPA Capital Comments on Veeco Instruments Jan 30 2017 
FPA Capital Fund 4th Quarter 2016 Commentary Jan 30 2017 
FPA Capital Fund Adds to 5 Holdings in 3rd Quarter Oct 10 2016 
FPA Capital's Top Performing Second Quarter Sales Aug 11 2016 
Companies' Prices Near 5-Year Lows Jul 08 2016 
FPA Capital's Largest 1st-Quarter Buys May 04 2016 
Stocks FPA Capital Keeps On Buying Apr 19 2016 
Most-Bought Small Cap Stocks During 4th Quarter Mar 28 2016 
Arnold Schneider Buys 9 New Stakes in 4th Quarter Feb 22 2016 
FPA Capital Fund Buys Apollo Education Feb 02 2016 

More From Other Websites
Amazon Price Target Raised To 1,250; Disney Downgraded; Sonic Upgraded Apr 24 2017
Zacks.com featured highlights: U.S. Silica Holdings, DXC Technology, DST Systems, Veeco Instruments... Apr 18 2017
Veeco Announces Date for First Quarter 2017 Financial Results and Conference Call Apr 18 2017
5 Stocks to Buy with Solid Earnings Acceleration Apr 17 2017
Veeco Instruments, Inc. breached its 50 day moving average in a Bearish Manner : VECO-US : April 14,... Apr 14 2017
Bull Of The Day: Ultra Clean (UCTT) Mar 27 2017
Increased Earnings Estimates Seen for Veeco Instruments (VECO): Can It Move Higher? Mar 15 2017
Is Veeco (VECO) Stock a Solid Choice Right Now? Mar 09 2017
Veeco Instruments, Inc. :VECO-US: Earnings Analysis: Q4, 2016 By the Numbers : February 22, 2017 Feb 22 2017
Veeco Instruments, Inc. breached its 50 day moving average in a Bullish Manner : VECO-US : February... Feb 22 2017
Veeco and Ultratech Announce Early Termination of Hart-Scott-Rodino Waiting Period Feb 21 2017
Edited Transcript of VECO earnings conference call or presentation 16-Feb-17 10:00pm GMT Feb 17 2017
Veeco reports 4Q loss Feb 16 2017
Veeco Reports Fourth Quarter and Fiscal Year 2016 Financial Results Feb 16 2017
Veeco Instruments-Ultratech Would Be a 'Dream' Merger Feb 15 2017
FPA Capital Fund’s Best and Worst Performers From Q4 Feb 08 2017
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of... Feb 06 2017
ULTRATECH INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC... Feb 06 2017
Veeco Announces Date for Fourth Quarter and Year-End 2016 Financial Results and Conference Call Feb 03 2017
Brooks Automation, Ultratech Lead Chip Gear Sector Higher Feb 02 2017

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)