IPG Photonics Corporation (IPGP) vs Veeco Instruments Inc. (VECO)
IPG Photonics Corporation and Veeco Instruments Inc. are both Semiconductor Equipment & Materials companies. IPG Photonics Corporation is the larger, with a market value of $3.3B against $2.8B — 1.2× the size. IPG Photonics Corporation trades at the lower P/E: 118× against 131×. IPG Photonics Corporation grew revenue faster over the last twelve months: 13.0% against −2.52%. Veeco Instruments Inc. has the higher net margin (3.35% vs 2.58%) and the higher return on invested capital (1.64% vs 0.40%). Across the 22 metrics below, IPG Photonics Corporation leads on 12 and Veeco Instruments Inc. on 10.
Valuation
Profitability
| Metric | IPGP | VECO | Semiconductor Equipment & Materials median |
|---|---|---|---|
| Gross margin | 38.35% | 37.92% | 43.95% |
| Operating margin | 0.75% | 2.69% | 10.32% |
| Net margin | 2.58% | 3.35% | 7.45% |
| Free cash flow margin | 2.07% | 12.47% | 6.77% |
| Return on equity | 1.30% | 2.60% | 4.78% |
| Return on assets | 1.15% | 1.70% | 3.62% |
| Return on invested capital | 0.40% | 1.64% | 6.10% |
Growth
Health
Dividend
Size
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