Veeco Historical Financial Ratios
| VECO Stock | USD 29.03 0.04 0.14% |
Veeco Instruments is promptly reporting on over 111 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price To Sales Ratio of 1.54, Dividend Yield of 0.0, PTB Ratio of 1.55 or Days Sales Outstanding of 78.88 will help investors to properly organize and evaluate Veeco Instruments financial condition quickly.
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About Veeco Financial Ratios Analysis
Veeco InstrumentsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Veeco Instruments investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Veeco financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Veeco Instruments history.
Veeco Instruments Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Veeco Instruments stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Veeco Instruments sales, a figure that is much harder to manipulate than other Veeco Instruments multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Most ratios from Veeco Instruments' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Veeco Instruments current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeco Instruments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Veeco Stock, please use our How to Invest in Veeco Instruments guide.At this time, Veeco Instruments' PFCF Ratio is very stable compared to the past year. As of the 4th of December 2024, Days Payables Outstanding is likely to grow to 54.96, while Price To Sales Ratio is likely to drop 1.54.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 7.67 | 7.36 | 9.0 | 6.74 | Days Of Inventory On Hand | 182.88 | 197.19 | 227.43 | 119.09 |
Veeco Instruments fundamentals Correlations
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Veeco Instruments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Veeco Instruments fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 1.66 | 1.85 | 2.4 | 1.44 | 2.5 | 1.54 | |
| Days Sales Outstanding | 61.81 | 81.36 | 80.04 | 79.5 | 69.77 | 78.88 | |
| Book Value Per Share | 7.89 | 8.44 | 8.92 | 11.58 | 12.51 | 9.49 | |
| Free Cash Flow Yield | (0.0262) | 0.0431 | 0.0194 | 0.0905 | 0.0202 | 0.0158 | |
| Operating Cash Flow Per Share | (0.16) | 0.89 | 1.38 | 2.17 | 1.15 | 0.78 | |
| Stock Based Compensation To Revenue | 0.0364 | 0.028 | 0.0261 | 0.0356 | 0.0429 | 0.0226 | |
| Capex To Depreciation | 0.32 | 0.22 | 1.56 | 0.96 | 1.12 | 1.14 | |
| Ev To Sales | 2.09 | 2.28 | 2.64 | 1.67 | 2.73 | 1.51 | |
| Free Cash Flow Per Share | (0.39) | 0.75 | 0.55 | 1.68 | 0.63 | 0.41 | |
| Roic | (0.0437) | 0.0307 | 0.0862 | 0.23 | 0.0791 | 0.0831 | |
| Inventory Turnover | 1.96 | 1.78 | 2.0 | 1.85 | 1.6 | 2.14 | |
| Net Income Per Share | (1.66) | (0.17) | 0.53 | 3.35 | (0.56) | (0.54) | |
| Days Of Inventory On Hand | 185.98 | 204.94 | 182.88 | 197.19 | 227.43 | 119.09 | |
| Payables Turnover | 12.27 | 7.72 | 7.67 | 7.36 | 9.0 | 6.74 | |
| Capex To Revenue | 0.0259 | 0.015 | 0.0697 | 0.0381 | 0.0419 | 0.0271 | |
| Cash Per Share | 5.15 | 6.6 | 4.56 | 6.06 | 5.68 | 4.89 | |
| Pocfratio | (94.02) | 19.52 | 20.62 | 8.55 | 27.05 | 25.7 | |
| Interest Coverage | (1.32) | 0.91 | 2.18 | 6.48 | 5.94 | 6.24 | |
| Capex To Operating Cash Flow | (1.47) | 0.16 | 0.6 | 0.23 | 0.45 | 0.43 | |
| Pfcf Ratio | (38.13) | 23.18 | 51.56 | 11.05 | 49.44 | 52.88 | |
| Days Payables Outstanding | 29.74 | 47.27 | 47.58 | 49.6 | 40.56 | 54.96 | |
| Income Quality | 0.0942 | (5.13) | 2.6 | 0.65 | (2.03) | (2.13) | |
| Ev To Operating Cash Flow | (118.44) | 24.11 | 22.73 | 9.96 | 29.51 | 28.04 | |
| Pe Ratio | (8.86) | (100.06) | 53.66 | 5.55 | (54.94) | (52.19) | |
| Return On Tangible Assets | (0.14) | (0.0125) | 0.0381 | 0.18 | (0.0313) | (0.0329) | |
| Ev To Free Cash Flow | (48.03) | 28.64 | 56.82 | 12.88 | 53.94 | 45.24 | |
| Net Debt To E B I T D A | (8.43) | 3.62 | 1.72 | 1.78 | 18.07 | 18.97 | |
| Current Ratio | 4.03 | 4.0 | 2.9 | 2.59 | 3.24 | 2.82 | |
| Tangible Book Value Per Share | 2.76 | 3.73 | 4.52 | 7.45 | 7.69 | 6.35 | |
| Receivables Turnover | 5.9 | 4.49 | 4.56 | 4.59 | 5.23 | 4.52 | |
| Graham Number | 17.15 | 5.74 | 10.32 | 29.52 | 12.61 | 15.26 | |
| Shareholders Equity Per Share | 7.89 | 8.44 | 8.92 | 11.58 | 12.51 | 9.49 | |
| Debt To Equity | 0.8 | 0.79 | 0.52 | 0.48 | 0.41 | 0.43 |
Pair Trading with Veeco Instruments
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Veeco Instruments position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Veeco Instruments will appreciate offsetting losses from the drop in the long position's value.Moving together with Veeco Stock
Moving against Veeco Stock
| 0.75 | ZM | Zoom Video Communications | PairCorr |
| 0.68 | EPAM | EPAM Systems | PairCorr |
| 0.61 | KD | Kyndryl Holdings | PairCorr |
| 0.6 | S | SentinelOne | PairCorr |
| 0.56 | AI | C3 Ai Inc Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Veeco Instruments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Veeco Instruments when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Veeco Instruments - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Veeco Instruments to buy it.
The correlation of Veeco Instruments is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Veeco Instruments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Veeco Instruments moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Veeco Instruments can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeco Instruments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Veeco Stock, please use our How to Invest in Veeco Instruments guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veeco Instruments. If investors know Veeco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veeco Instruments listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Earnings Share 1.39 | Revenue Per Share 12.611 | Quarterly Revenue Growth 0.042 | Return On Assets 0.0457 |
The market value of Veeco Instruments is measured differently than its book value, which is the value of Veeco that is recorded on the company's balance sheet. Investors also form their own opinion of Veeco Instruments' value that differs from its market value or its book value, called intrinsic value, which is Veeco Instruments' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veeco Instruments' market value can be influenced by many factors that don't directly affect Veeco Instruments' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veeco Instruments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Veeco Instruments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veeco Instruments' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.