Aehr Test Systems (AEHR) vs Veeco Instruments Inc. (VECO)
Aehr Test Systems and Veeco Instruments Inc. are both Semiconductor Equipment & Materials companies. Aehr Test Systems is the larger, with a market value of $3.3B against $2.8B — 1.2× the size. Aehr Test Systems has negative trailing earnings, so its P/E is not meaningful; Veeco Instruments Inc. trades at 131×. Veeco Instruments Inc. grew revenue faster over the last twelve months: −2.52% against −15.2%. Veeco Instruments Inc. has the higher net margin (3.35% vs −14.3%) and the higher return on invested capital (1.64% vs −8.57%). Across the 18 metrics below, Veeco Instruments Inc. leads on 15 and Aehr Test Systems on 3.
Valuation
Profitability
| Metric | AEHR | VECO | Semiconductor Equipment & Materials median |
|---|---|---|---|
| Gross margin | 35.30% | 37.92% | 43.95% |
| Operating margin | (28.30%) | 2.69% | 10.32% |
| Net margin | (14.25%) | 3.35% | 7.45% |
| Free cash flow margin | (10.75%) | 12.47% | 6.77% |
| Return on equity | (4.16%) | 2.60% | 4.78% |
| Return on assets | (3.61%) | 1.70% | 3.62% |
| Return on invested capital | (8.57%) | 1.64% | 6.10% |
Growth
Health
Dividend
Size
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