Veeco Instruments Financials

VECO Stock  USD 27.40  0.86  3.24%   
Based on the key indicators related to Veeco Instruments' liquidity, profitability, solvency, and operating efficiency, Veeco Instruments is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Veeco Instruments' Inventory is very stable compared to the past year. As of the 25th of November 2024, Other Stockholder Equity is likely to grow to about 1.3 B, while Total Assets are likely to drop about 719.1 M. Key indicators impacting Veeco Instruments' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio2.823.2393
Fairly Down
Slightly volatile
The essential information of the day-to-day investment outlook for Veeco Instruments includes many different criteria found on its balance sheet. An individual investor should monitor Veeco Instruments' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Veeco Instruments.

Net Income

(28.85 Million)

  
Understanding current and past Veeco Instruments Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Veeco Instruments' financial statements are interrelated, with each one affecting the others. For example, an increase in Veeco Instruments' assets may result in an increase in income on the income statement.

Veeco Instruments Earnings Geography

Veeco Instruments Stock Summary

Veeco Instruments competes with IPG Photonics, and Applied Materials. Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York. Veeco Instrument operates under Semiconductor Equipment Materials classification in the United States and is traded on NASDAQ Exchange. It employs 1091 people.
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS9224171002
CUSIP922417100
LocationNew York; U.S.A
Business Address1 Terminal Drive,
SectorSemiconductors & Semiconductor Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.veeco.com
Phone516 677 0200
CurrencyUSD - US Dollar

Veeco Instruments Key Financial Ratios

Veeco Instruments Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets818.1M898.1M899.0M1.1B1.2B719.1M
Other Current Liab37.9M40.7M75.3M52.7M51.8M56.0M
Net Debt181.1M197.8M142.5M153.3M151.7M159.3M
Retained Earnings(698.9M)(707.3M)(681.3M)(501.8M)(532.2M)(505.6M)
Accounts Payable21.3M33.7M44.5M52.0M42.4M32.6M
Cash129.3M129.6M119.7M154.9M158.8M165.9M
Net Receivables71.0M101.2M127.9M140.7M127.4M81.1M
Inventory133.1M145.9M170.9M206.9M237.6M249.5M
Other Current Assets15.0M20.4M26.7M18.9M35.8M29.8M
Total Liab443.6M489.7M461.3M550.4M556.6M278.4M
Total Current Assets475.9M586.9M549.4M668.9M706.3M465.1M
Short Term Debt4.2M4.1M4.4M23.5M4.0M5.9M
Intangible Assets61.5M46.2M33.9M23.9M43.9M67.9M
Common Stock490K497K507K517K564K423.9K
Other Liab15.0M15.6M9.9M4.4M5.0M8.6M
Other Assets8.6M17.7M5.2M117.7M1.00.95
Long Term Debt300.1M321.1M229.4M254.5M274.9M166.8M
Net Tangible Assets131.1M180.2M221.8M372.0M334.8M305.2M
Long Term Debt Total300.1M321.1M229.4M254.5M292.7M153.8M
Capital Surpluse1.1B1.1B1.1B1.1B1.2B998.5M

Veeco Instruments Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense22.1M24.7M26.0M9.3M11.8M8.0M
Total Revenue419.3M454.2M583.3M646.1M666.4M450.8M
Gross Profit158.2M194.3M242.3M263.1M285.1M189.7M
Operating Income(29.2M)22.6M56.7M60.3M69.9M73.4M
Ebit(29.2M)23.9M56.7M60.3M(16.6M)(15.7M)
Ebitda(1.6M)54.6M82.8M85.9M8.4M8.0M
Cost Of Revenue261.2M259.9M341.0M383.0M381.4M261.1M
Income Before Tax(78.0M)(8.5M)25.7M51.0M(28.3M)(26.9M)
Net Income(78.7M)(8.4M)26.0M166.9M(30.4M)(28.8M)
Income Tax Expense777K(73K)(358K)(116.0M)2.0M2.1M
Research Development90.6M79.0M88.7M103.6M112.9M73.0M
Non Recurring30.8M386.7M10.4M1.4M1.6M1.5M
Tax Provision777K(73K)(358K)(116.0M)2.0M2.1M
Interest Income4.7M1.6M2.3M2.2M10.6M11.1M
Net Interest Income(17.4M)(23.2M)(26.0M)(9.3M)(1.2M)(1.2M)

Veeco Instruments Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory15.0M(11.5M)(24.8M)(37.3M)(35.2M)(33.4M)
Change In Cash(83.1M)332K(9.8M)35M3.6M3.5M
Free Cash Flow(18.3M)36.2M27.1M83.9M33.7M24.6M
Depreciation34.4M30.7M26.1M25.6M25.0M23.7M
Other Non Cash Items38.1M22.1M18.8M962K99.2M104.2M
Capital Expenditures10.9M6.8M40.6M24.6M27.9M16.7M
Net Income(78.7M)(8.4M)26.0M166.9M(30.4M)(28.8M)
End Period Cash Flow130.0M130.3M120.5M155.5M159.1M166.1M
Change To Netincome41.0M20.7M19.6M(95.0M)(85.5M)(81.3M)
Investments(65.6M)(74.5M)83.4M(44.3M)(74.9M)(71.2M)

Veeco Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Veeco Instruments's current stock value. Our valuation model uses many indicators to compare Veeco Instruments value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Veeco Instruments competition to find correlations between indicators driving Veeco Instruments's intrinsic value. More Info.
Veeco Instruments is rated second in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about  0.40  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Veeco Instruments is roughly  2.53 . At this time, Veeco Instruments' Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Veeco Instruments' earnings, one of the primary drivers of an investment's value.

Veeco Instruments' Earnings Breakdown by Geography

Veeco Instruments Systematic Risk

Veeco Instruments' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Veeco Instruments volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Veeco Instruments correlated with the market. If Beta is less than 0 Veeco Instruments generally moves in the opposite direction as compared to the market. If Veeco Instruments Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Veeco Instruments is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Veeco Instruments is generally in the same direction as the market. If Beta > 1 Veeco Instruments moves generally in the same direction as, but more than the movement of the benchmark.

Veeco Instruments Thematic Clasifications

Veeco Instruments is part of several thematic ideas from Machinery to Disruptive Technologies. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Veeco Instruments Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Veeco Instruments' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Veeco Instruments growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.49

At this time, Veeco Instruments' Price Earnings To Growth Ratio is very stable compared to the past year.

Veeco Instruments November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Veeco Instruments help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Veeco Instruments. We use our internally-developed statistical techniques to arrive at the intrinsic value of Veeco Instruments based on widely used predictive technical indicators. In general, we focus on analyzing Veeco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Veeco Instruments's daily price indicators and compare them against related drivers.
When determining whether Veeco Instruments offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veeco Instruments' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veeco Instruments Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veeco Instruments Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeco Instruments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Veeco Stock, please use our How to Invest in Veeco Instruments guide.
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Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veeco Instruments. If investors know Veeco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veeco Instruments listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Earnings Share
1.39
Revenue Per Share
12.611
Quarterly Revenue Growth
0.042
Return On Assets
0.0457
The market value of Veeco Instruments is measured differently than its book value, which is the value of Veeco that is recorded on the company's balance sheet. Investors also form their own opinion of Veeco Instruments' value that differs from its market value or its book value, called intrinsic value, which is Veeco Instruments' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veeco Instruments' market value can be influenced by many factors that don't directly affect Veeco Instruments' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veeco Instruments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Veeco Instruments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veeco Instruments' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.