Veeco Instruments Inc
NASDAQ:VECO

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Veeco Instruments Inc Logo
Veeco Instruments Inc
NASDAQ:VECO
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Price: 26.84 USD -2.72% Market Closed
Market Cap: 1.5B USD
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Relative Value

The Relative Value of one VECO stock under the Base Case scenario is 39.99 USD. Compared to the current market price of 26.84 USD, Veeco Instruments Inc is Undervalued by 33%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

VECO Relative Value
Base Case
39.99 USD
Undervaluation 33%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.1
P/S
P/S
Price to Sales
2.1
vs History
31
vs Industry
45
Median 3Y
2.3
Median 5Y
2.1
Industry
3.1
Forward
2.1
More Details
19
P/E
P/E
Price to Earnings
19
vs History
39
vs Industry
33
Median 3Y
21
Median 5Y
7.9
Industry
25.2
Forward
15.3
More Details
23.5
P/OCF
P/OCF
Price to OCF
23.5
vs History
28
vs Industry
19
Median 3Y
19.9
Median 5Y
20.6
Industry
16.3
More Details
47.3
P/FCFE
P/FCFE
Price to FCFE
47.3
vs History
38
vs Industry
6
Median 3Y
52.1
Median 5Y
23.9
Industry
21.1
More Details
2
P/B
P/B
Price to Book Value
2
vs History
55
vs Industry
30
Median 3Y
2.6
Median 5Y
2.5
Industry
2.2
More Details
2
EV/S
EV/S
Enterprise Value to Sales
2
vs History
38
vs Industry
42
Median 3Y
2.2
Median 5Y
2.1
Industry
3.1
Forward
2
More Details
4.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
4.7
vs History
46
vs Industry
56
Median 3Y
5.5
Median 5Y
5
Industry
10.2
More Details
12.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
12.9
vs History
69
vs Industry
33
Median 3Y
16.2
Median 5Y
17.7
Industry
15.1
Forward
11.1
More Details
16.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
16.6
vs History
65
vs Industry
29
Median 3Y
23
Median 5Y
24
Industry
19.5
Forward
12.3
More Details
22.4
EV/OCF
EV/OCF
Enterprise Value to OCF
22.4
vs History
33
vs Industry
19
Median 3Y
19.9
Median 5Y
20.6
Industry
15.4
More Details
35.2
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
35.2
vs History
36
vs Industry
9
Median 3Y
36.8
Median 5Y
35.5
Industry
19.6
More Details
1.6
EV/IC
EV/IC
Enterprise Value to IC
1.6
vs History
50
vs Industry
38
Median 3Y
1.8
Median 5Y
1.8
Industry
2.1
More Details

Multiples Across Competitors

VECO Competitors Multiples
Veeco Instruments Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Veeco Instruments Inc
NASDAQ:VECO
1.5B USD 2.1 19 12.9 16.6
US
Brooks Automation Inc
LSE:0HQ1
440.6B USD 671.2 -2 683.5 27 186.2 -6 037.3
NL
ASML Holding NV
AEX:ASML
269.8B EUR 10.6 36.4 27.6 31.1
US
Applied Materials Inc
NASDAQ:AMAT
134.9B USD 5 18.8 15.9 16.7
US
Lam Research Corp
NASDAQ:LRCX
92.7B USD 5.9 22.9 18.5 20
US
KLA Corp
NASDAQ:KLAC
84.3B USD 8.2 28.4 19.3 21.2
JP
Tokyo Electron Ltd
TSE:8035
10.7T JPY 5 22.8 15.7 17.3
JP
Advantest Corp
TSE:6857
6.4T JPY 10.6 60.2 37.2 44.5
CN
NAURA Technology Group Co Ltd
SZSE:002371
219.9B CNY 7.9 40.2 34.7 34.7
JP
Disco Corp
TSE:6146
4.5T JPY 12.5 42.9 26 27.9
NL
ASM International NV
AEX:ASM
27.8B EUR 10.1 50.4 30 37.9
P/E Multiple
Earnings Growth P/E to Growth
US
Veeco Instruments Inc
NASDAQ:VECO
Average P/E: 34.2
19
N/A N/A
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -2 683.5 N/A N/A
NL
ASML Holding NV
AEX:ASML
36.4
51%
0.7
US
Applied Materials Inc
NASDAQ:AMAT
18.8
31%
0.6
US
Lam Research Corp
NASDAQ:LRCX
22.9
66%
0.3
US
KLA Corp
NASDAQ:KLAC
28.4
85%
0.3
JP
Tokyo Electron Ltd
TSE:8035
22.8
99%
0.2
JP
Advantest Corp
TSE:6857
60.2
231%
0.3
CN
NAURA Technology Group Co Ltd
SZSE:002371
40.2
149%
0.3
JP
Disco Corp
TSE:6146
42.9
109%
0.4
NL
ASM International NV
AEX:ASM
50.4
49%
1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Veeco Instruments Inc
NASDAQ:VECO
Average EV/EBITDA: 2 493.1
12.9
42%
0.3
US
B
Brooks Automation Inc
LSE:0HQ1
27 186.2
697%
39
NL
ASML Holding NV
AEX:ASML
27.6
39%
0.7
US
Applied Materials Inc
NASDAQ:AMAT
15.9
31%
0.5
US
Lam Research Corp
NASDAQ:LRCX
18.5
58%
0.3
US
KLA Corp
NASDAQ:KLAC
19.3
50%
0.4
JP
Tokyo Electron Ltd
TSE:8035
15.7
99%
0.2
JP
Advantest Corp
TSE:6857
37.2
179%
0.2
CN
NAURA Technology Group Co Ltd
SZSE:002371
34.7
168%
0.2
JP
Disco Corp
TSE:6146
26
90%
0.3
NL
ASM International NV
AEX:ASM
30
79%
0.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Veeco Instruments Inc
NASDAQ:VECO
Average EV/EBIT: 26.8
16.6
91%
0.2
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -6 037.3 N/A N/A
NL
ASML Holding NV
AEX:ASML
31.1
42%
0.7
US
Applied Materials Inc
NASDAQ:AMAT
16.7
31%
0.5
US
Lam Research Corp
NASDAQ:LRCX
20
62%
0.3
US
KLA Corp
NASDAQ:KLAC
21.2
54%
0.4
JP
Tokyo Electron Ltd
TSE:8035
17.3
N/A N/A
JP
Advantest Corp
TSE:6857
44.5
N/A N/A
CN
NAURA Technology Group Co Ltd
SZSE:002371
34.7
140%
0.2
JP
Disco Corp
TSE:6146
27.9
N/A N/A
NL
ASM International NV
AEX:ASM
37.9
91%
0.4

See Also

Summary
VECO intrinsic value, competitors valuation, and company profile.
DCF Valuation
VECO stock valuation using Discount Cash Flow valuation method.
Relative Valuation
VECO stock valuation using valuation multiples.
Wall Street Estimates
VECO price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
VECO stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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