Axcelis Technologies vs Veeco Instruments
ACLS and VECO side by side, both in special industry machinery, except metalworking. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How ACLS and VECO compare
Axcelis Technologies is the larger company, worth 1.4 times as much as Veeco Instruments ($3.4B against $2.5B).
On earnings, Axcelis Technologies is cheaper: it trades at 33.1× trailing earnings, against 102× for Veeco Instruments.
Veeco Instruments grew revenue faster over the last twelve months (6.6% versus 4.3% for Axcelis Technologies).
Axcelis Technologies keeps more of each dollar of sales as profit, with a net margin of 11.7% compared with 3.6% at Veeco Instruments.
Veeco Instruments scores higher on the StockData Score (7 against 6 for Axcelis Technologies), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | ACLS | VECO |
|---|---|---|
| Size and price | ||
| Market cap | $3.4B | $2.5B |
| Share price | $111.17 | $40.93 |
| Change, 1 year | 27.2% | 31.8% |
| Change, 5 years | 77.7% | 53.9% |
| Beta (5Y) | 1.74 | 1.44 |
| Employees | 1,465 | 1,265 |
| StockData Score | ||
| Total score | 6 | 7 (better) |
| Valuation score | 0 | 0 |
| Growth score | 0 | 2 (better) |
| Performance score | 3 (better) | 0 |
| Health score | 3 | 5 (better) |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | 33.1× (better) | 102× |
| P/S | 3.9× | 3.4× (better) |
| P/B | 3.1× | 2.7× (better) |
| EV/EBITDA | 27.0× (better) | 53.8× |
| P/FCF | 57.3× | 19.9× (better) |
| FCF yield | 1.7% | 5.0% (better) |
| Fair value | $75.82 | $15.22 |
| Margin of safety | −46.6% (better) | −169% |
| Growth | ||
| Revenue growth (TTM) | 4.3% | 6.6% (better) |
| Revenue growth, 5Y average | 12.1% (better) | 7.9% |
| Net income growth (TTM) | −23.1% (better) | −46.6% |
| EPS growth (TTM) | −20.6% (better) | −51.2% |
| EPS growth, 5Y average | 21.1% | – |
| Profitability | ||
| Gross margin | 42.8% (better) | 37.4% |
| Operating margin | 10.3% (better) | 3.0% |
| Net margin | 11.7% (better) | 3.6% |
| FCF margin | 6.7% | 17.3% (better) |
| Return on equity | 9.8% (better) | 2.9% |
| Return on invested capital | 14.2% (better) | 3.0% |
| Financial health | ||
| Debt / equity | – | 0.25 |
| Net debt / EBITDA | – | −6.12 |
| Interest coverage | 15.7× (better) | 2.5× |
| Current ratio | 4.43 (better) | 3.87 |
| Altman Z-score | 7.70 (better) | 3.34 |
| Piotroski F-score | 5 | 6 (better) |
| Dividends and buybacks | ||
| Shareholder yield | 0.00% | 0.00% |
| Ownership | ||
| Held by institutions | 101% | 113% |
| Held by insiders | 1.5% | 1.6% |
| Insider net buying, 12 months | −$6.4M (better) | −$37.7M |
| Short interest, % of float | 4.4% | 8.9% |
Go deeper
- ACLS stock overview
- ACLS income statement
- ACLS valuation and score
- VECO stock overview
- VECO income statement
- VECO valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.