Kadant vs Veeco Instruments
KAI 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 KAI and VECO compare
Kadant is the larger company, worth 1.4 times as much as Veeco Instruments ($3.6B against $2.5B).
On earnings, Kadant is cheaper: it trades at 30.5× trailing earnings, against 102× for Veeco Instruments.
Kadant grew revenue faster over the last twelve months (16.6% versus 6.6% for Veeco Instruments).
Kadant keeps more of each dollar of sales as profit, with a net margin of 9.8% compared with 3.6% at Veeco Instruments.
Kadant pays a dividend yielding 0.47%; Veeco Instruments does not pay one.
Kadant scores higher on the StockData Score (19 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 | KAI | VECO |
|---|---|---|
| Size and price | ||
| Market cap | $3.6B | $2.5B |
| Share price | $302.17 | $40.93 |
| Change, 1 year | 13.6% | 31.8% |
| Change, 5 years | 28.7% | 53.9% |
| Beta (5Y) | 1.00 | 1.44 |
| Employees | 3,900 | 1,265 |
| StockData Score | ||
| Total score | 19 (better) | 7 |
| Valuation score | 3 (better) | 0 |
| Growth score | 3 (better) | 2 |
| Performance score | 4 (better) | 0 |
| Health score | 5 | 5 |
| Dividend score | 4 (better) | 0 |
| Valuation | ||
| P/E | 30.5× (better) | 102× |
| P/S | 3.0× (better) | 3.4× |
| P/B | 3.4× | 2.7× (better) |
| EV/EBITDA | 15.9× (better) | 53.8× |
| P/FCF | 20.5× | 19.9× (better) |
| FCF yield | 4.9% | 5.0% (better) |
| Fair value | $294.68 | $15.22 |
| Margin of safety | −2.5% (better) | −169% |
| Growth | ||
| Revenue growth (TTM) | 16.6% (better) | 6.6% |
| Revenue growth, 5Y average | 10.6% (better) | 7.9% |
| Net income growth (TTM) | 14.8% (better) | −46.6% |
| EPS growth (TTM) | 14.5% (better) | −51.2% |
| EPS growth, 5Y average | 12.6% | – |
| Profitability | ||
| Gross margin | 44.4% (better) | 37.4% |
| Operating margin | 15.4% (better) | 3.0% |
| Net margin | 9.8% (better) | 3.6% |
| FCF margin | 14.6% | 17.3% (better) |
| Return on equity | 11.7% (better) | 2.9% |
| Return on invested capital | 10.8% (better) | 3.0% |
| Financial health | ||
| Debt / equity | 0.43 | 0.25 (better) |
| Net debt / EBITDA | 1.31 (better) | −6.12 |
| Interest coverage | 8.9× (better) | 2.5× |
| Current ratio | 2.49 | 3.87 (better) |
| Altman Z-score | 4.60 (better) | 3.34 |
| Piotroski F-score | 5 | 6 (better) |
| Dividends and buybacks | ||
| Dividend yield | 0.47% | – |
| Payout ratio | 14.1% | – |
| Years of dividend growth | 13 | – |
| Dividend growth, 5Y average | 7.2% | – |
| Buyback yield | −0.07% | – |
| Shareholder yield | 0.40% (better) | 0.00% |
| Ownership | ||
| Held by institutions | 111% | 113% |
| Held by insiders | 1.2% | 1.6% |
| Insider net buying, 12 months | −$861K (better) | −$37.7M |
| Short interest, % of float | 6.8% | 8.9% |
Go deeper
- KAI stock overview
- KAI income statement
- KAI 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.