Veeco Instruments (STU:VEO) ROCE %: 0.22% (As of Mar. 2026)

What is Veeco Instruments ROCE %?

Veeco Instruments STU:VEO +5.79% 52 ROCE % is 0.22% as of Mar. 2026. GuruFocus rates STU:VEO with a GF Score™ of 52/100 and a GF Value™ of €26.01 (Significantly Overvalued). The stock has 9 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Veeco Instruments's annualized ROCE % for the quarter that ended in Mar. 2026 was 0.22%.

Veeco Instruments (STU:VEO) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Veeco Instruments ROCE % Related Terms

Veeco Instruments ROCE % Historical Data

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The historical data trend for Veeco Instruments's ROCE % 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.

Veeco Instruments ROCE % Chart

Veeco Instruments Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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7.68

8.14

-1.74

7.87

4.16

Veeco Instruments Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															6.38	5.20	4.93	0.73	0.22

52GF Score

Veeco Instruments Inc STU:VEO

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Veeco Instruments ROCE % Calculation

Veeco Instruments's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	41.439	/	( ( (1195.256 - 183.629)	+	(1132.229 - 152.06) )	/ 2 )
	=	41.439	/	( (1011.627	+	980.169)	/ 2 )
	=	41.439	/	995.898
	=	4.16 %

Veeco Instruments's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	2.14	/	( ( (1132.229 - 152.06)	+	(1170.318 - 178.783) )	/ 2 )
	=	2.14	/	( ( 980.169	+	991.535 )	/ 2 )
	=	2.14	/	985.852
	=	0.22 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 0.22% mean?

Veeco Instruments (STU:VEO) has a ROCE % of 0.22% as of Mar. 2026.

Is Veeco Instruments' ROCE % too high?

Veeco Instruments' current ROCE % is 0.22%. The Semiconductors industry median ROCE % is 4.81. Veeco Instruments' value of 0.22% is 95.4% below this industry median. Overall, Veeco Instruments has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Veeco Instruments' ROCE % compare to UCTT and AMBA?

Veeco Instruments' ROCE % of 0.22% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. Veeco Instruments' value of 0.22% is 95.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Semiconductors company?

The median ROCE % among Semiconductors companies is 4.81, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Veeco Instruments's current ROCE % of 0.22% is 95.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median ROCE % is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veeco Instruments's current ROCE % is 0.22%. 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 (STU:VEO) is currently considered Significantly Overvalued. The stock's GF Value™ is €26.01, compared to a current price of €65.78 — trading 152.9% above its estimated fair value. The current ROCE % is 0.22% and 95.4% below the Semiconductors industry median of 4.81. Veeco Instruments' overall GF Score™ is 52/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Veeco Instruments (STU:VEO), the current ROCE % is 0.22% 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 (STU:VEO) Overvalued in 2026?

Based on GuruFocus' analysis, Veeco Instruments stock appears to be overvalued. The current stock price of €65.78 is trading 152.9% above its estimated GF Value™ of €26.01. GuruFocus considers Veeco Instruments to be Significantly Overvalued.

Key valuation signals for STU:VEO:

ROCE %: 0.22%
GF Value™: €26.01 vs. price of €65.78 (152.9% above fair value)
GF Score™: 52/100 with 9 warning signs
Industry Position: 95.4% below the Semiconductors median

No single metric tells the full story. See the STU:VEO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Veeco Instruments Business Description

Industry Technology Semiconductors

Comparable Companies UCTT AMBA AEHR ICHR COHU ACLS IPGP PLAB KLIC DQ XAMS:ASML LRCX AMAT KLAC TSE:8035 TSE:6857 SZSE:002371 TER SHSE:688820 XAMS:ASM

Other Exchanges VECO:USA VEO:Germany

Address Terminal Drive, Plainview, NY, USA, 11803

Website https://www.veeco.com

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.

52GF Score

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€65.78

Price

€26.01

GF Value

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