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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Veeco Instruments's Goodwill for the quarter that ended in Mar. 2026 was €185.9 Mil. Veeco Instruments's Total Assets for the quarter that ended in Mar. 2026 was €1,170.3 Mil.
Therefore, Veeco Instruments's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.16.
If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.
Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.
Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.
Veeco Instruments Goodwill-to-Asset Related Terms
Veeco Instruments Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for Veeco Instruments's Goodwill-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:VEO vs AEHR, AMBA, COHU: Goodwill-to-Asset Comparison
For the Semiconductor Equipment & Materials subindustry, Veeco Instruments's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Veeco Instruments Goodwill-to-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Veeco Instruments's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Veeco Instruments's Goodwill-to-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Veeco Instruments (FRA:VEO) has a Goodwill-to-Asset of 0.16 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Veeco Instruments and its competitors.
Is Veeco Instruments' Goodwill-to-Asset too high?
Veeco Instruments' current Goodwill-to-Asset is 0.16. Overall, Veeco Instruments has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veeco Instruments' Goodwill-to-Asset compare to AEHR and AMBA?
Veeco Instruments' Goodwill-to-Asset of 0.16 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Semiconductors company?
A good Goodwill-to-Asset depends on the Semiconductors industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Veeco Instruments and its competitors. Veeco Instruments's current Goodwill-to-Asset is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veeco Instruments stock overvalued right now?
Based on GuruFocus' analysis, Veeco Instruments (FRA:VEO) is currently considered Significantly Overvalued. The stock's GF Value™ is €27.07, compared to a current price of €37.78 — trading 39.6% above its estimated fair value. The current Goodwill-to-Asset is 0.16. Veeco Instruments' overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Veeco Instruments (FRA:VEO), the current Goodwill-to-Asset is 0.16 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Veeco Instruments (FRA:VEO) Overvalued in 2026?
Based on GuruFocus' analysis, Veeco Instruments stock appears to be overvalued.
The current stock price of €37.78 is trading 39.6% above its estimated GF Value™ of €27.07.
GuruFocus considers Veeco Instruments to be Significantly Overvalued.
Key valuation signals for FRA:VEO:
Goodwill-to-Asset: 0.16
GF Value™: €27.07 vs. price of €37.78 (39.6% above fair value)
No single metric tells the full story. See the FRA:VEO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veeco Instruments Inc is a United States-based company engaged in designing, developing, and manufacturing thin-film process equipment, mainly used for producing electronic devices. The company focuses on semiconductor process equipment that addresses a range of challenging materials engineering problems for its customers. Its products include Laser Processing Systems, Lithography Systems, Ion Beam Systems, SiC CVD Systems, MOCVD Systems, Wet Processing Systems, MBE Technologies, Atomic Layer Deposition Systems, Physical Vapor Deposition Systems, Dicing and Lapping Systems, as well as Gas & Vapor Delivery Systems. The maximum of the company's revenue is generated from sales to the Semiconductor Industry and within China.
65GF Score
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