Photronics, Inc. (PLAB) vs Veeco Instruments Inc. (VECO)
Photronics, Inc. and Veeco Instruments Inc. are both Semiconductor Equipment & Materials companies. Veeco Instruments Inc. is the larger, with a market value of $2.8B against $1.8B — 1.6× the size. Photronics, Inc. trades at the lower P/E: 10.7× against 131×. Photronics, Inc. grew revenue faster over the last twelve months: 1.25% against −2.52%. Photronics, Inc. has the higher net margin (19.0% vs 3.35%) and the higher return on invested capital (11.3% vs 1.64%). Across the 22 metrics below, Photronics, Inc. leads on 19 and Veeco Instruments Inc. on 3.
Valuation
Profitability
| Metric | PLAB | VECO | Semiconductor Equipment & Materials median |
|---|---|---|---|
| Gross margin | 33.65% | 37.92% | 43.95% |
| Operating margin | 22.46% | 2.69% | 10.32% |
| Net margin | 19.04% | 3.35% | 7.45% |
| Free cash flow margin | 12.74% | 12.47% | 6.77% |
| Return on equity | 10.06% | 2.60% | 4.78% |
| Return on assets | 8.82% | 1.70% | 3.62% |
| Return on invested capital | 11.32% | 1.64% | 6.10% |
Growth
Health
Dividend
Size
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