Veeco Instruments (FRA:VEO) 3-Year RORE % : 81.93% (As of Mar. 2026)


FRA:VEO Veeco Instruments Inc FRA:VEO
56 GF Score
Price €49.96
GF Value €26.22
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Veeco Instruments 3-Year RORE %?

Veeco Instruments FRA:VEO +0.30% 56 3-Year RORE % is 81.93 as of Mar. 2026. GuruFocus rates FRA:VEO with a GF Score™ of 56/100 and a GF Value™ of €26.22 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 962 Semiconductors companies, Veeco Instruments ranks better than 83.99% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Veeco Instruments's 3-Year RORE % for the quarter that ended in Mar. 2026 was 81.93%.

The industry rank for Veeco Instruments's 3-Year RORE % or its related term are showing as below:

FRA:VEO's 3-Year RORE % is ranked better than
83.99% of 962 companies
in the Semiconductors industry
Industry Median: 11.77 vs FRA:VEO: 81.93

Veeco Instruments  (FRA:VEO) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Veeco Instruments 3-Year RORE % Related Terms


Veeco Instruments 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Veeco Instruments's 3-Year RORE % 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 3-Year RORE % Chart

Veeco Instruments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -155.86 96.02 -42.69 -45.34 104.11

Veeco Instruments Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year RORE % 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 -48.96 3.13 -6.94 104.11 81.93

FRA:VEO vs IPGP, AXTI, ACLS: 3-Year RORE % Comparison

For the Semiconductor Equipment & Materials subindustry, Veeco Instruments's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Veeco Instruments's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Veeco Instruments's 3-Year RORE % falls into.


FRA:VEO
56GF Score
Veeco Instruments Inc FRA:VEO
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Veeco Instruments 3-Year RORE % Calculation

Veeco Instruments's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.326--0.413 )/( 0.902-0 )
=0.739/0.902
=81.93 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 81.93 mean?
Veeco Instruments (FRA:VEO) has a 3-Year RORE % of 81.93 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Veeco Instruments and its competitors. According to the industry distribution chart, Veeco Instruments ranks #154 out of 962 companies in the Semiconductors industry, placing it in the top 16%.
Is Veeco Instruments' 3-Year RORE % too high?
Veeco Instruments' current 3-Year RORE % is 81.93. The Semiconductors industry median 3-Year RORE % is 11.77. Veeco Instruments' value of 81.93 is 596.1% above this industry median. Based on the distribution chart, Veeco Instruments ranks #154 out of 962 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. 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' 3-Year RORE % compare to IPGP and AXTI?
According to the Semiconductors industry distribution chart, Veeco Instruments ranks #154 out of 962 companies for 3-Year RORE %. This places Veeco Instruments in the top 16% of its industry — outperforming the majority of peers. The industry median 3-Year RORE % is 11.77. Veeco Instruments' value of 81.93 is 596.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Semiconductors company?
The median 3-Year RORE % among Semiconductors companies is 11.77, based on 962 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Veeco Instruments's current 3-Year RORE % of 81.93 is 596.1% above 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Veeco Instruments and its competitors. For the Semiconductors industry, the median 3-Year RORE % is 11.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veeco Instruments's current 3-Year RORE % is 81.93. 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 €26.22, compared to a current price of €49.96 — trading 90.5% above its estimated fair value. The current 3-Year RORE % is 81.93 and 596.1% above the Semiconductors industry median of 11.77. Veeco Instruments' overall GF Score™ is 56/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Veeco Instruments (FRA:VEO), the current 3-Year RORE % is 81.93 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 €49.96 is trading 90.5% above its estimated GF Value™ of €26.22. GuruFocus considers Veeco Instruments to be Significantly Overvalued.

Key valuation signals for FRA:VEO:

  • 3-Year RORE %: 81.93
  • GF Value™: €26.22 vs. price of €49.96 (90.5% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 596.1% above the Semiconductors median (#154 of 962)

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

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

€49.96
Price
€26.22
GF Value