Atomera Incorporated (ATOM) vs Veeco Instruments Inc. (VECO)

Atomera Incorporated and Veeco Instruments Inc. are both Semiconductor Equipment & Materials companies. Veeco Instruments Inc. is the larger, with a market value of $2.8B against $168.2M — 16.7× the size. Atomera Incorporated has negative trailing earnings, so its P/E is not meaningful; Veeco Instruments Inc. trades at 131×. Atomera Incorporated grew revenue faster over the last twelve months: 90.1% against −2.52%. Veeco Instruments Inc. has the higher net margin (3.35% vs −9,742.2%) and the higher return on invested capital (1.64% vs 0.00%). Across the 18 metrics below, Veeco Instruments Inc. leads on 14 and Atomera Incorporated on 4.

Valuation

Metric ATOM VECO Semiconductor Equipment & Materials median
P/E n/m 130.85 54.39
P/S 730.93 4.44 6.08
P/B 4.53 3.36 4.89
Price to free cash flow n/m 35.61 60.92
EV/EBITDA n/m 74.76 39.95
EV/Sales 564.68 4.18 6.36
Earnings yield (14.94%) 0.76% 1.14%
Free cash flow yield (9.01%) 2.81% 1.28%

Profitability

Metric ATOM VECO Semiconductor Equipment & Materials median
Gross margin (78.70%) 37.92% 43.95%
Operating margin (10,212.17%) 2.69% 10.32%
Net margin (9,742.17%) 3.35% 7.45%
Free cash flow margin (6,586.52%) 12.47% 6.77%
Return on equity (76.78%) 2.60% 4.78%
Return on assets (69.69%) 1.70% 3.62%
Return on invested capital 0.00% 1.64% 6.10%

Growth

Metric ATOM VECO Semiconductor Equipment & Materials median
Revenue growth (TTM) 90.08% (2.52%) 14.60%
EPS growth (last fiscal year) 4.41% (52.03%) —
Revenue growth, 5-year CAGR 0.95% 7.90% 8.85%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ATOM VECO Semiconductor Equipment & Materials median
Debt to equity 0.00 0.25 0.09
Current ratio 17.02 3.93 3.66
Net debt to EBITDA 0.97 (2.95) (0.49)

Dividend

Metric ATOM VECO Semiconductor Equipment & Materials median
Dividend yield — — 0.85%
Payout ratio 0.00 0.00 0.00

Size

Metric ATOM VECO Semiconductor Equipment & Materials median
Market cap 168.19m 2.81b 4.63b

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