ACM Research vs Veeco Instruments
ACMR 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 ACMR and VECO compare
ACM Research is the larger company, worth 1.4 times as much as Veeco Instruments ($3.3B against $2.4B).
On earnings, ACM Research is cheaper: it trades at 29.8× trailing earnings, against 97.7× for Veeco Instruments.
ACM Research grew revenue faster over the last twelve months (29.1% versus 6.6% for Veeco Instruments).
ACM Research keeps more of each dollar of sales as profit, with a net margin of 10.2% compared with 3.6% at Veeco Instruments.
ACM Research scores higher on the StockData Score (14 against 7 for Veeco Instruments), 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 | ACMR | VECO |
|---|---|---|
| Size and price | ||
| Market cap | $3.3B | $2.4B |
| Share price | $47.95 | $39.06 |
| Change, 1 year | 41.8% | 28.7% |
| Change, 5 years | 49.5% | 46.8% |
| Beta (5Y) | 1.97 | 1.43 |
| Employees | 2,513 | 1,265 |
| StockData Score | ||
| Total score | 14 (better) | 7 |
| Valuation score | 2 (better) | 0 |
| Growth score | 3 (better) | 2 |
| Performance score | 4 (better) | 0 |
| Health score | 5 | 5 |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | 29.8× (better) | 97.7× |
| P/S | 2.9× (better) | 3.3× |
| P/B | 1.8× (better) | 2.6× |
| EV/EBITDA | 17.6× (better) | 51.1× |
| P/FCF | – | 19.0× |
| PEG | 0.92 | – |
| FCF yield | −6.0% | 5.3% (better) |
| Fair value | $44.99 | $14.75 |
| Margin of safety | −6.6% (better) | −165% |
| Growth | ||
| Revenue growth (TTM) | 29.1% (better) | 6.6% |
| Revenue growth, 5Y average | 41.9% (better) | 7.9% |
| Net income growth (TTM) | −1.0% (better) | −46.6% |
| EPS growth (TTM) | −7.5% (better) | −51.2% |
| EPS growth, 5Y average | 35.5% | – |
| Profitability | ||
| Gross margin | 43.5% (better) | 37.4% |
| Operating margin | 14.5% (better) | 3.0% |
| Net margin | 10.2% (better) | 3.6% |
| FCF margin | −17.5% | 17.3% (better) |
| Return on equity | 7.0% (better) | 2.9% |
| Return on invested capital | 15.0% (better) | 3.0% |
| Financial health | ||
| Debt / equity | 0.18 (better) | 0.25 |
| Net debt / EBITDA | −3.25 | −6.12 |
| Interest coverage | 22.4× (better) | 2.5× |
| Current ratio | 3.16 | 3.87 (better) |
| Altman Z-score | 3.12 | 3.22 (better) |
| Piotroski F-score | 2 | 6 (better) |
| Dividends and buybacks | ||
| Shareholder yield | 0.00% | 0.00% |
| Ownership | ||
| Held by institutions | 69.7% | 113% |
| Held by insiders | 5.2% | 1.6% |
| Insider net buying, 12 months | −$50.2M | −$37.7M (better) |
| Superinvestors holding | 1 | – |
| Short interest, % of float | 4.5% | 8.9% |
Go deeper
- ACMR stock overview
- ACMR income statement
- ACMR 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.