Veeco Instruments Statistics
Total Valuation
VECO has a market cap or net worth of $1.51 billion. The enterprise value is $1.48 billion.
| Market Cap | 1.51B |
| Enterprise Value | 1.48B |
Important Dates
The last earnings date was Wednesday, November 6, 2024, after market close.
| Earnings Date | Nov 6, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
VECO has 56.78 million shares outstanding. The number of shares has increased by 7.24% in one year.
| Current Share Class | 56.78M |
| Shares Outstanding | 56.78M |
| Shares Change (YoY) | +7.24% |
| Shares Change (QoQ) | +0.19% |
| Owned by Insiders (%) | 2.39% |
| Owned by Institutions (%) | 106.01% |
| Float | 55.41M |
Valuation Ratios
The trailing PE ratio is 19.59 and the forward PE ratio is 16.08.
| PE Ratio | 19.59 |
| Forward PE | 16.08 |
| PS Ratio | 2.07 |
| Forward PS | 1.90 |
| PB Ratio | 1.99 |
| P/TBV Ratio | 3.01 |
| P/FCF Ratio | 35.97 |
| P/OCF Ratio | 22.87 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.57, with an EV/FCF ratio of 35.80.
| EV / Earnings | 18.38 |
| EV / Sales | 2.08 |
| EV / EBITDA | 12.57 |
| EV / EBIT | 16.05 |
| EV / FCF | 35.80 |
Financial Position
The company has a current ratio of 3.54, with a Debt / Equity ratio of 0.42.
| Current Ratio | 3.54 |
| Quick Ratio | 2.25 |
| Debt / Equity | 0.42 |
| Debt / EBITDA | 2.54 |
| Debt / FCF | 7.60 |
| Interest Coverage | 8.13 |
Financial Efficiency
Return on equity (ROE) is 11.56% and return on invested capital (ROIC) is 5.71%.
| Return on Equity (ROE) | 11.56% |
| Return on Assets (ROA) | 4.57% |
| Return on Capital (ROIC) | 5.71% |
| Revenue Per Employee | $583,616 |
| Profits Per Employee | $66,161 |
| Employee Count | 1,215 |
| Asset Turnover | 0.56 |
| Inventory Turnover | 1.62 |
Taxes
In the past 12 months, VECO has paid $8.28 million in taxes.
| Income Tax | 8.28M |
| Effective Tax Rate | 9.33% |
Stock Price Statistics
The stock price has decreased by -8.98% in the last 52 weeks. The beta is 1.17, so VECO's price volatility has been higher than the market average.
| Beta (5Y) | 1.17 |
| 52-Week Price Change | -8.98% |
| 50-Day Moving Average | 30.33 |
| 200-Day Moving Average | 36.23 |
| Relative Strength Index (RSI) | 32.28 |
| Average Volume (20 Days) | 666,707 |
Short Selling Information
The latest short interest is 4.91 million, so 8.64% of the outstanding shares have been sold short.
| Short Interest | 4.91M |
| Short Previous Month | 4.82M |
| Short % of Shares Out | 8.64% |
| Short % of Float | 8.86% |
| Short Ratio (days to cover) | 7.68 |
Income Statement
In the last 12 months, VECO had revenue of $709.09 million and earned $80.39 million in profits. Earnings per share was $1.35.
| Revenue | 709.09M |
| Gross Profit | 308.68M |
| Operating Income | 92.09M |
| Pretax Income | 86.51M |
| Net Income | 80.39M |
| EBITDA | 117.60M |
| EBIT | 92.09M |
| Earnings Per Share (EPS) | $1.35 |
Balance Sheet
The company has $320.76 million in cash and $313.90 million in debt, giving a net cash position of $6.86 million or $0.12 per share.
| Cash & Cash Equivalents | 320.76M |
| Total Debt | 313.90M |
| Net Cash | 6.86M |
| Net Cash Per Share | $0.12 |
| Equity (Book Value) | 746.52M |
| Book Value Per Share | 13.15 |
| Working Capital | 545.81M |
Cash Flow
In the last 12 months, operating cash flow was $64.92 million and capital expenditures -$23.63 million, giving a free cash flow of $41.28 million.
| Operating Cash Flow | 64.92M |
| Capital Expenditures | -23.63M |
| Free Cash Flow | 41.28M |
| FCF Per Share | $0.73 |
Margins
Gross margin is 43.53%, with operating and profit margins of 12.99% and 11.34%.
| Gross Margin | 43.53% |
| Operating Margin | 12.99% |
| Pretax Margin | 12.50% |
| Profit Margin | 11.34% |
| EBITDA Margin | 16.58% |
| EBIT Margin | 12.99% |
| FCF Margin | 4.33% |
Dividends & Yields
VECO does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -7.24% |
| Shareholder Yield | -7.24% |
| Earnings Yield | 5.41% |
| FCF Yield | 2.78% |
Analyst Forecast
The average price target for VECO is $42.14, which is 58.78% higher than the current price. The consensus rating is "Buy".
| Price Target | $42.14 |
| Price Target Difference | 58.78% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
VECO has an Altman Z-Score of 3.02 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.02 |
| Piotroski F-Score | 6 |