Veeco Instruments Inc
NASDAQ:VECO

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Veeco Instruments Inc Logo
Veeco Instruments Inc
NASDAQ:VECO
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Price: 30.54 USD 6.86% Market Closed
Market Cap: 1.8B USD
Section:
 

Relative Value

The Relative Value of one VECO stock under the Base Case scenario is 39.59 USD. Compared to the current market price of 30.54 USD, Veeco Instruments Inc is Undervalued by 23%.

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
39.59 USD
Undervaluation 23%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.7
P/S
P/S
Price to Sales
2.7
vs History
14
vs Industry
60
Median 3Y
2.3
Median 5Y
2.2
Industry
3.5
Forward
2.7
More Details
37.3
P/E
P/E
Price to Earnings
37.3
vs History
15
vs Industry
41
Median 3Y
20.3
Median 5Y
20.6
Industry
30.7
Forward
22.3
More Details
25.2
P/OCF
P/OCF
Price to OCF
25.2
vs History
23
vs Industry
30
Median 3Y
23.6
Median 5Y
20.6
Industry
19.7
More Details
47.3
P/FCFE
P/FCFE
Price to FCFE
47.3
vs History
42
vs Industry
21
Median 3Y
44.3
Median 5Y
44.3
Industry
26
More Details
2.1
P/B
P/B
Price to Book Value
2.1
vs History
71
vs Industry
58
Median 3Y
2.1
Median 5Y
2.5
Industry
2.7
More Details
2.5
EV/S
EV/S
Enterprise Value to Sales
2.5
vs History
20
vs Industry
60
Median 3Y
2.2
Median 5Y
2.2
Industry
3.8
Forward
2.5
More Details
6.1
EV/GP
EV/GP
Enterprise Value to Gross Profit
6.1
vs History
17
vs Industry
71
Median 3Y
5.5
Median 5Y
5.3
Industry
12.5
More Details
27.3
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
27.3
vs History
1
vs Industry
45
Median 3Y
17.5
Median 5Y
17
Industry
19.3
Forward
18.6
More Details
41.4
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
41.4
vs History
6
vs Industry
42
Median 3Y
23.2
Median 5Y
24.2
Industry
25.9
Forward
19.4
More Details
23.2
EV/OCF
EV/OCF
Enterprise Value to OCF
23.2
vs History
30
vs Industry
31
Median 3Y
21.6
Median 5Y
20.6
Industry
19.7
More Details
30.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
30.9
vs History
50
vs Industry
24
Median 3Y
28.9
Median 5Y
31
Industry
25.4
More Details
1.9
EV/IC
EV/IC
Enterprise Value to IC
1.9
vs History
36
vs Industry
56
Median 3Y
1.7
Median 5Y
1.8
Industry
2.2
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
1.8B USD 2.7 37.3 27.3 41.4
NL
ASML Holding NV
AEX:ASML
398.2B EUR 12.4 39 29.5 32.5
US
Brooks Automation Inc
LSE:0HQ1
298.7B USD 503 -5 356.5 7 546.5 -13 766.3
US
Lam Research Corp
NASDAQ:LRCX
233B USD 11.9 40.1 33.5 35.6
US
Applied Materials Inc
NASDAQ:AMAT
213.2B USD 7.5 30.5 23.7 24.9
US
KLA Corp
NASDAQ:KLAC
167.8B USD 13.4 39.6 29.3 31.5
JP
Tokyo Electron Ltd
TSE:8035
16.9T JPY 6.8 31.2 21.7 24
JP
Advantest Corp
TSE:6857
15.4T JPY 15.8 58.9 38.7 41.3
CN
NAURA Technology Group Co Ltd
SZSE:002371
331.3B CNY 9 52.7 48 48
JP
Disco Corp
TSE:6146
5.5T JPY 13.6 43.8 29.1 31.4
NL
ASM International NV
AEX:ASM
27.9B EUR 8.5 35.7 22.5 27.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Veeco Instruments Inc
NASDAQ:VECO
Average EV/EBITDA: 713.6
27.3
4%
6.8
NL
ASML Holding NV
AEX:ASML
29.5
13%
2.3
US
B
Brooks Automation Inc
LSE:0HQ1
7 546.5
46%
164.1
US
Lam Research Corp
NASDAQ:LRCX
33.5
15%
2.2
US
Applied Materials Inc
NASDAQ:AMAT
23.7
8%
3
US
KLA Corp
NASDAQ:KLAC
29.3
11%
2.7
JP
Tokyo Electron Ltd
TSE:8035
21.7
8%
2.7
JP
Advantest Corp
TSE:6857
38.7
22%
1.8
CN
NAURA Technology Group Co Ltd
SZSE:002371
48
32%
1.5
JP
Disco Corp
TSE:6146
29.1
11%
2.6
NL
ASM International NV
AEX:ASM
22.5
13%
1.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Veeco Instruments Inc
NASDAQ:VECO
Average EV/EBIT: 33.9
41.4
11%
3.8
NL
ASML Holding NV
AEX:ASML
32.5
14%
2.3
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -13 766.3 N/A N/A
US
Lam Research Corp
NASDAQ:LRCX
35.6
15%
2.4
US
Applied Materials Inc
NASDAQ:AMAT
24.9
8%
3.1
US
KLA Corp
NASDAQ:KLAC
31.5
12%
2.6
JP
Tokyo Electron Ltd
TSE:8035
24
N/A N/A
JP
Advantest Corp
TSE:6857
41.3
N/A N/A
CN
NAURA Technology Group Co Ltd
SZSE:002371
48
28%
1.7
JP
Disco Corp
TSE:6146
31.4
N/A N/A
NL
ASM International NV
AEX:ASM
27.9
14%
2

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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