Ultra Clean Holdings, Inc. (UCTT) vs Veeco Instruments Inc. (VECO)
Ultra Clean Holdings, Inc. and Veeco Instruments Inc. are both Semiconductor Equipment & Materials companies. Ultra Clean Holdings, Inc. is the larger, with a market value of $3.5B against $2.8B — 1.3× the size. Ultra Clean Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; Veeco Instruments Inc. trades at 131×. Ultra Clean Holdings, Inc. grew revenue faster over the last twelve months: 2.52% against −2.52%. Veeco Instruments Inc. has the higher net margin (3.35% vs −1.07%) and the lower return on invested capital (1.64% vs 3.68%). Across the 19 metrics below, Veeco Instruments Inc. leads on 12 and Ultra Clean Holdings, Inc. on 7.
Valuation
Profitability
| Metric | UCTT | VECO | Semiconductor Equipment & Materials median |
|---|---|---|---|
| Gross margin | 15.83% | 37.92% | 43.95% |
| Operating margin | 2.84% | 2.69% | 10.32% |
| Net margin | (1.07%) | 3.35% | 7.45% |
| Free cash flow margin | (5.15%) | 12.47% | 6.77% |
| Return on equity | (3.11%) | 2.60% | 4.78% |
| Return on assets | (1.28%) | 1.70% | 3.62% |
| Return on invested capital | 3.68% | 1.64% | 6.10% |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack