Azenta vs Veeco Instruments
AZTA 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 AZTA and VECO compare
Veeco Instruments is the larger company, worth 1.2 times as much as Azenta ($2.4B against $2.0B).
Veeco Instruments grew revenue faster over the last twelve months (6.6% versus 4.9% for Azenta).
Veeco Instruments keeps more of each dollar of sales as profit, with a net margin of 3.6% compared with −20.0% at Azenta.
Azenta scores higher on the StockData Score (8 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 | AZTA | VECO |
|---|---|---|
| Size and price | ||
| Market cap | $2.0B | $2.4B |
| Share price | $45.65 | $39.06 |
| Change, 1 year | 48.4% | 28.7% |
| Change, 5 years | −61.8% | 46.8% |
| Beta (5Y) | 1.33 | 1.43 |
| Employees | 3,000 | 1,265 |
| StockData Score | ||
| Total score | 8 (better) | 7 |
| Valuation score | 2 (better) | 0 |
| Growth score | 0 | 2 (better) |
| Performance score | 0 | 0 |
| Health score | 6 (better) | 5 |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/E | – | 97.7× |
| P/S | 3.3× (better) | 3.3× |
| P/B | 1.3× (better) | 2.6× |
| EV/EBITDA | – | 51.1× |
| P/FCF | 202× | 19.0× (better) |
| FCF yield | 0.49% | 5.3% (better) |
| Fair value | $55.23 | $14.75 |
| Margin of safety | 17.3% (better) | −165% |
| Growth | ||
| Revenue growth (TTM) | 4.9% | 6.6% (better) |
| Revenue growth, 5Y average | 8.9% (better) | 7.9% |
| Net income growth (TTM) | – | −46.6% |
| EPS growth (TTM) | – | −51.2% |
| Profitability | ||
| Gross margin | 44.0% (better) | 37.4% |
| Operating margin | −28.6% | 3.0% (better) |
| Net margin | −20.0% | 3.6% (better) |
| FCF margin | 1.6% | 17.3% (better) |
| Return on equity | −7.7% | 2.9% (better) |
| Return on invested capital | −13.2% | 3.0% (better) |
| Financial health | ||
| Debt / equity | 0.00 | 0.25 (better) |
| Net debt / EBITDA | – | −6.12 |
| Interest coverage | – | 2.5× |
| Current ratio | 2.50 | 3.87 (better) |
| Altman Z-score | 4.49 (better) | 3.22 |
| Piotroski F-score | 7 (better) | 6 |
| Dividends and buybacks | ||
| Shareholder yield | 0.00% | 0.00% |
| Ownership | ||
| Held by institutions | 115% | 113% |
| Held by insiders | 12.6% | 1.6% |
| Insider net buying, 12 months | $172K (better) | −$37.7M |
| Short interest, % of float | 14.1% | 8.9% |
Go deeper
- AZTA stock overview
- AZTA income statement
- AZTA 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.