Veeco Instruments (FRA:VEO) ROE %: -0.15% (As of Mar. 2026)


FRA:VEO Veeco Instruments Inc FRA:VEO
56 GF Score
Price €65.02
GF Value €25.70
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Veeco Instruments ROE %?

Veeco Instruments FRA:VEO +4.94% 56 ROE % is -0.15% as of Mar. 2026. GuruFocus rates FRA:VEO with a GF Score™ of 56/100 and a GF Value™ of €25.70 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,004 Semiconductors companies, Veeco Instruments ranks worse than 56.87% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Veeco Instruments's annualized net income for the quarter that ended in Mar. 2026 was €-1.1 Mil. Veeco Instruments's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €760.3 Mil. Therefore, Veeco Instruments's annualized ROE % for the quarter that ended in Mar. 2026 was -0.15%.

The historical rank and industry rank for Veeco Instruments's ROE % or its related term are showing as below:

FRA:VEO' s ROE % Range Over the Past 10 Years
Min: -63.71   Med: -3.5   Max: 32.88
Current: 2.68

During the past 13 years, Veeco Instruments's highest ROE % was 32.88%. The lowest was -63.71%. And the median was -3.50%.

FRA:VEO's ROE % is ranked worse than
56.87% of 1004 companies
in the Semiconductors industry
Industry Median: 4.55 vs FRA:VEO: 2.68

Veeco Instruments  (FRA:VEO) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-1.12/760.2965
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.12 / 547.86)*(547.86 / 1151.2735)*(1151.2735 / 760.2965)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.2 %*0.4759*1.5142
=ROA %*Equity Multiplier
=-0.1 %*1.5142
=-0.15 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-1.12/760.2965
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.12 / -5.132) * (-5.132 / -2.236) * (-2.236 / 547.86) * (547.86 / 1151.2735) * (1151.2735 / 760.2965)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.2182 * 2.2952 * -0.41 % * 0.4759 * 1.5142
=-0.15 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Veeco Instruments ROE % Related Terms


Veeco Instruments ROE % Historical Data

* Premium members only.

The historical data trend for Veeco Instruments's ROE % 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 ROE % Chart

Veeco Instruments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.37 33.79 -4.79 10.41 4.05

Veeco Instruments Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.95 5.45 4.85 0.51 -0.15

FRA:VEO vs UCTT, AMBA, AEHR: ROE % Comparison

For the Semiconductor Equipment & Materials subindustry, Veeco Instruments's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Veeco Instruments's ROE % distribution charts can be found below:

* The bar in red indicates where Veeco Instruments's ROE % falls into.


FRA:VEO
56GF Score
Veeco Instruments Inc FRA:VEO
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veeco Instruments ROE % Calculation

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

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=30.223/( (736.085+756.225)/ 2 )
=30.223/746.155
=4.05 %

Veeco Instruments's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-1.12/( (756.225+764.368)/ 2 )
=-1.12/760.2965
=-0.15 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -0.15% mean?
Veeco Instruments (FRA:VEO) has a ROE % of -0.15% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Veeco Instruments and its competitors. According to the industry distribution chart, Veeco Instruments ranks #571 out of 1004 companies in the Semiconductors industry, placing it in the top 56.9%.
Is Veeco Instruments' ROE % too high?
Veeco Instruments' current ROE % is -0.15%. Based on the distribution chart, Veeco Instruments ranks #571 out of 1004 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Veeco Instruments has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veeco Instruments' ROE % compare to UCTT and AMBA?
According to the Semiconductors industry distribution chart, Veeco Instruments ranks #571 out of 1004 companies for ROE %. This places Veeco Instruments in the lower half of its industry. The industry median ROE % is 4.55. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Semiconductors company?
The median ROE % among Semiconductors companies is 4.55, based on 1,004 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Veeco Instruments and its competitors. For the Semiconductors industry, the median ROE % is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veeco Instruments's current ROE % is -0.15%. 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 €25.70, compared to a current price of €65.02 — trading 153% above its estimated fair value. The current ROE % is -0.15%. Veeco Instruments' overall GF Score™ is 56/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Veeco Instruments (FRA:VEO), the current ROE % is -0.15% 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 €65.02 is trading 153% above its estimated GF Value™ of €25.70. GuruFocus considers Veeco Instruments to be Significantly Overvalued.

Key valuation signals for FRA:VEO:

  • ROE %: -0.15%
  • GF Value™: €25.70 vs. price of €65.02 (153% above fair value)
  • GF Score™: 56/100 with 9 warning signs

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 Business Description

Other Exchanges VECO:USAVEO:Germany
Address Terminal Drive, Plainview, NY, USA, 11803
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.
56GF Score

Get the complete analysis for FRA:VEO

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€65.02
Price
€25.70
GF Value