Veeco Instruments Inc. (VECO) Report Analysis
Corporate Events
Veeco Instruments Inc.(NasdaqGS:VECO) added to Russell 3000 Growth Index
2022-06-24 00:00:00
Veeco Instruments Inc.(NasdaqGS:VECO) added to Russell 3000 Growth Index
Veeco Instruments Inc.(NasdaqGS:VECO) added to Russell 2000 Growth Index
2022-06-24 00:00:00
Veeco Instruments Inc.(NasdaqGS:VECO) added to Russell 2000 Growth Index
Veeco Instruments Inc.(NasdaqGS:VECO) added to Russell Small Cap Comp Growth Index
2022-06-24 00:00:00
Veeco Instruments Inc.(NasdaqGS:VECO) added to Russell Small Cap Comp Growth Index
Veeco Instruments Inc.(NasdaqGS:VECO) added to Russell 3000E Growth Index
2022-06-24 00:00:00
Veeco Instruments Inc.(NasdaqGS:VECO) added to Russell 3000E Growth Index
Veeco Instruments Inc.(NasdaqGS:VECO) added to Russell 2500 Growth Index
2022-06-24 00:00:00
Veeco Instruments Inc.(NasdaqGS:VECO) added to Russell 2500 Growth Index
Veeco Instruments Inc. has filed a Shelf Registration in the amount of $95.715 million.
2022-05-20 00:00:00
Veeco Instruments Inc. has filed a Shelf Registration in the amount of $95.715 million. Security Name: Common Stock Securities Offered: 4,500,000 Transaction Features: ESOP Related Offering
Veeco Instruments Inc. Ratifies Appointment of KPMG LLP
2022-05-12 20:15:00
Veeco Instruments Inc. ratified the appointment of KPMG LLP.
Veeco Instruments Inc. Provides Earnings Outlook for the Second Quarter 2022
2022-05-09 20:16:00
Veeco Instruments Inc. provided earnings outlook for the second quarter 2022. For the period, the company's Revenue is expected in the range of $150 million to $170 million. GAAP diluted earnings per share are expected in the range of $0.05 to $0.19.
Veeco Instruments Inc. Presents at Oppenheimer’s 7th Annual Emerging Growth Conference, May-10-2022
2022-04-27 13:05:00
Veeco Instruments Inc. Presents at Oppenheimer’s 7th Annual Emerging Growth Conference, May-10-2022 .
Veeco Instruments Inc. Presents at Cowen 50th Annual Technology, Media, and Telecom Conference, Jun-01-2022
2022-04-27 13:05:00
Veeco Instruments Inc. Presents at Cowen 50th Annual Technology, Media, and Telecom Conference, Jun-01-2022 . Venue: New York City, New York, United States.
Veeco Instruments Inc. Presents at Baird 2022 Global Consumer, Technology & Services Conference, Jun-06-2022
2022-04-27 13:05:00
Veeco Instruments Inc. Presents at Baird 2022 Global Consumer, Technology & Services Conference, Jun-06-2022 . Venue: InterContinental New York Barclay, 111 East 48th Street, New York City, New York, United States.
Veeco Instruments Inc. Presents at Stifel 2022 Cross Sector Insight Conference, Jun-08-2022 08:00 AM
2022-04-27 13:05:00
Veeco Instruments Inc. Presents at Stifel 2022 Cross Sector Insight Conference, Jun-08-2022 08:00 AM. Venue: The InterContinental Boston Hotel, Boston, Massachusetts, United States.
Veeco Instruments Inc. to Report Q1, 2022 Results on May 09, 2022
2022-04-14 13:00:00
Veeco Instruments Inc. announced that they will report Q1, 2022 results After-Market on May 09, 2022
Veeco Instruments Inc., Q1 2022 Earnings Call, May 09, 2022
2022-04-14 13:00:00
Veeco Instruments Inc., Q1 2022 Earnings Call, May 09, 2022
Veeco Instruments Inc. Presents at AMUG 2022, Apr-05-2022 03:00 PM
2022-04-02 04:58:00
Veeco Instruments Inc. Presents at AMUG 2022, Apr-05-2022 03:00 PM. Speakers: Ahmed Eldesouky.
Veeco Instruments Inc., Annual General Meeting, May 12, 2022
2022-03-24 21:02:00
Veeco Instruments Inc., Annual General Meeting, May 12, 2022, at 08:30 US Eastern Standard Time. Location: Veeco’s headquarter offices located at Terminal Drive, Plainview New York United States Agenda: To consider the election of three directors named in the attached proxy statement to hold office until the 2025 Annual Meeting of Stockholders and until their successors are duly elected and qualified; to consider an amendment to Veeco’s 2019 Stock Incentive Plan to increase the number of authorized shares thereunder; and to consider other matters.
Veeco Instruments Inc. - Shareholder/Analyst Call
2022-03-24 21:02:00
AGM
Oppenheimer & Co. Inc., Oppenheimer’s 7th Annual Emerging Growth Conference, May 10, 2022
2022-03-22 09:13:00
Oppenheimer & Co. Inc., Oppenheimer’s 7th Annual Emerging Growth Conference, May 10, 2022.
Additive Manufacturing Users Group, Inc, AMUG 2022, Apr 03, 2022 through Apr 07, 2022
2022-03-06 08:37:00
Additive Manufacturing Users Group, Inc, AMUG 2022, Apr 03, 2022 through Apr 07, 2022.
Stifel, Nicolaus & Company, Incorporated, Stifel 2022 Cross Sector Insight Conference, Jun 06, 2022 through Jun 09, 2022
2022-03-02 19:15:00
Stifel, Nicolaus & Company, Incorporated, Stifel 2022 Cross Sector Insight Conference, Jun 06, 2022 through Jun 09, 2022. Venue: The InterContinental Boston Hotel, Boston, Massachusetts, United States.
Veeco’s Ion Beam Deposition System Chosen by Mask Blank Supplier for EUV Mask Blanks
2022-02-10 13:00:00
Veeco Instruments Inc. announced that a mask blank supplier to the semiconductor industry has ordered Veeco’s IBD-LDD® Ion Beam Deposition (IBD) System. The IBD system will be used to meet growing demand for extreme ultraviolet (EUV) mask blanks used to create semiconductor devices related to advanced logic and memory applications. This new customer is acquiring Veeco’s IBD technology for low defect EUV mask blanks intended for high volume production. Veeco’s IBD technology leads the industry in high film quality, featuring extremely low defect density and precise control of optical properties for single or multi-layer processes. These technology features are required for defect-free, high volume EUV manufacturing. Currently, all leading EUV mask blank manufacturers use the Veeco IBD-LDD system.
Cowen Inc., Cowen 50th Annual Technology, Media, and Telecom Conference, Jun 01, 2022 through Jun 03, 2022
2022-02-07 20:29:00
Cowen Inc., Cowen 50th Annual Technology, Media, and Telecom Conference, Jun 01, 2022 through Jun 03, 2022. Venue: New York City, New York, United States.
Veeco Instruments Inc. Receives Multi-Tool Order from Leader in Optoelectronic Components for Advanced Photonics Applications
2022-02-01 13:00:00
Veeco Instruments Inc. announced that a leading manufacturer of optoelectronic components has ordered multiple Lumina® Metal Organic Chemical Vapor Deposition (MOCVD) Systems for production of photonics applications. The customer currently operates multiple Veeco MOCVD platforms, as well as other Veeco technologies. At the heart of the Lumina system is Veeco’s industry leading MOCVD TurboDisc technology which features excellent uniformity and low defectivity over long campaigns for exceptional yield and flexibility. In addition, Veeco’s proprietary technology drives uniform injection and thermal control for excellent thickness and compositional uniformity. Providing a seamless wafer size transition, the system is capable of depositing high quality arsenic phosphide (As/P) epitaxial layers on wafers up to eight inches in diameter. The Lumina system allows users to customize their systems for maximum value in delivering microLEDs, LEDs, edge-emitting lasers and VCSELs in high-volume production.
Robert W. Baird & Co. Incorporated, Baird 2022 Global Consumer, Technology & Services Conference, Jun 06, 2022 through Jun 08, 2022
2022-01-31 12:08:00
Robert W. Baird & Co. Incorporated, Baird 2022 Global Consumer, Technology & Services Conference, Jun 06, 2022 through Jun 08, 2022. Venue: InterContinental New York Barclay, 111 East 48th Street, New York City, New York, United States.
Robbins Geller Rudman & Dowd LLP and Bottini & Bottini, Inc. Announce Proposed Settlement in the Veeco Instruments Securities Settlement
2021-12-30 13:00:00
Robbins Geller Rudman & Dowd LLP and Bottini & Bottini Inc. announced that a hearing will be held on April 21, 2022, at 1:30 p.m., before the Honorable Sunil R. Kulkarni at the Superior Court of California, County of Santa Clara, Department 1, 191 North First Street, San Jose, CA 95113, to determine whether: the proposed settlement of the above-captioned action as set forth in the Amended Stipulation of Settlement 1 for $15,000,000 in cash should be approved by the Court as fair, reasonable and adequate; the Judgment as provided under the Stipulation should be entered; to award Plaintiffs Counsel attorneys fees and expenses out of the Settlement Fund (as defined in the Notice of Proposed Settlement of Class Action, and, if so, in what amount; to pay Class Representatives for representing the Class out of the Settlement Fund and, if so, in what amount; and the Plan of Allocation should be approved by the Court as fair, reasonable, and adequate. This Action is a consolidated securities class action brought on behalf of those persons who acquired Veeco common stock pursuant or traceable to the registration statement and prospectus issued in connection with Veecos merger with Ultratech, against Veeco and certain of its officers and directors (collectively,Defendants) for, among other things, allegedly misstating and omitting material facts from the registration statement and prospectus filed in connection with the Merger. Plaintiffs allege that these purportedly false and misleading statements resulted in damage to Class Members when the truth was revealed. Defendants deny all of Plaintiffs allegations.
Veeco Instruments Inc. Announces New $150 Million Senior Secured Credit Facility
2021-12-17 00:01:00
Veeco Instruments Inc. announced that it has entered into a senior secured revolving credit facility. The Facility enables the company to borrow up to $150 million over a 5-year term which expires in December of 2026. The company has no immediate plans to draw down on the Facility. Interest expense under the Facility is variable based on the company’s secured net leverage ratio and is expected to bear interest based on SOFR plus a range of 150 to 225 basis points, if drawn. There is a yearly commitment fee of 25 to 35 basis points, based on the company’s secured net leverage ratio, charged on the unused portion of the Facility.
Veeco Instruments Inc. Presents at DA Davidson Semicap, Laser and Optical Conference, Dec-15-2021
2021-12-10 05:39:00
Veeco Instruments Inc. Presents at DA Davidson Semicap, Laser and Optical Conference, Dec-15-2021 .
Veeco Instruments Inc. Presents at Oppenheimer's 5G Summit: Wireless and Cloud Convergence Begins, Dec-14-2021
2021-12-04 05:11:00
Veeco Instruments Inc. Presents at Oppenheimer's 5G Summit: Wireless and Cloud Convergence Begins, Dec-14-2021 .
Veeco Instruments Inc. Presents at Barclays Global TMT Conference 2021, Dec-07-2021 07:55 AM
2021-11-20 13:01:00
Veeco Instruments Inc. Presents at Barclays Global TMT Conference 2021, Dec-07-2021 07:55 AM.
Veeco Instruments Inc. Presents at Benchmark Company Virtual Technology Conference, Nov-17-2021
2021-11-16 16:47:00
Veeco Instruments Inc. Presents at Benchmark Company Virtual Technology Conference, Nov-17-2021 .
Veeco Instruments Inc. Provides Earnings Guidance for the Fourth Quarter of 2021
2021-11-02 20:05:00
Veeco Instruments Inc. provided earnings guidance for the fourth quarter of 2021. For the period, the company expects revenues in the range of $140 million to $160 million and GAAP diluted earnings per share are expected in the range of $0.04 to $0.22.
D.A. Davidson & Co., DA Davidson Semicap, Laser and Optical Conference, Dec 15, 2021
2021-10-30 14:04:00
D.A. Davidson & Co., DA Davidson Semicap, Laser and Optical Conference, Dec 15, 2021.
Veeco Instruments Inc. Appoints Dr. Chand to Its Governance Committee
2021-10-29 20:02:00
Veeco Instruments Inc. announced that on October 27, 2021, the Board determined the committee assignments for Dr. Chand. Effective as of October 27, 2021, the Board appointed Dr. Chand to its Governance Committee.
The Benchmark Company, LLC., Benchmark Company Virtual Technology Conference, Nov 17, 2021
2021-10-21 17:00:00
The Benchmark Company, LLC., Benchmark Company Virtual Technology Conference, Nov 17, 2021.
Veeco Instruments Inc., Q3 2021 Earnings Call, Nov 02, 2021
2021-10-14 13:10:00
Veeco Instruments Inc., Q3 2021 Earnings Call, Nov 02, 2021
Veeco Instruments Inc. to Report Q3, 2021 Results on Nov 02, 2021
2021-10-14 13:10:00
Veeco Instruments Inc. announced that they will report Q3, 2021 results After-Market on Nov 02, 2021
Veeco Instruments Inc. Presents at 5th Annual Virtual Wells Fargo TMT Summit, Dec-01-2021 09:20 AM
2021-10-07 17:42:00
Veeco Instruments Inc. Presents at 5th Annual Virtual Wells Fargo TMT Summit, Dec-01-2021 09:20 AM. Speakers: Anthony Bencivenga, Head of Investor Relations, John P. Kiernan, Senior VP & CFO, William John Miller, CEO & Director.
Wells Fargo Securities, LLC, 5th Annual Virtual Wells Fargo TMT Summit, Nov 30, 2021 through Dec 03, 2021
2021-10-07 09:16:00
Wells Fargo Securities, LLC, 5th Annual Virtual Wells Fargo TMT Summit, Nov 30, 2021 through Dec 03, 2021.
Oppenheimer & Co. Inc., Oppenheimer's 5G Summit: Wireless and Cloud Convergence Begins, Dec 14, 2021
2021-09-18 12:11:00
Oppenheimer & Co. Inc., Oppenheimer's 5G Summit: Wireless and Cloud Convergence Begins, Dec 14, 2021.
Veeco Instruments Inc. - Analyst/Investor Day
2021-08-24 12:00:00
To discuss an overview of end-markets and technologies, a go-to-market plan and a financial model
Veeco Instruments Inc. Appoints Sujeet Chand as Class I Director
2021-08-16 20:02:00
On August 13, 2021, Veeco Instruments Inc.'s Board of Directors voted to increase the size of the Board from eight to nine directors and to appoint Sujeet Chand as a Class I director, to hold office until the 2022 Annual Meeting of Stockholders. The increase in Board size and Dr. Chand's appointment will both become effective as of August 16, 2021. Dr. Chand, age 63, has served as Senior Vice President and Chief Technology Officer of Rockwell Automation since 2005.
Veeco Instruments Inc. Presents at Oppenheimer 24th Annual Technology, Internet and Communications Conference, Aug-11-2021 09:55 AM
2021-08-11 01:13:00
Veeco Instruments Inc. Presents at Oppenheimer 24th Annual Technology, Internet and Communications Conference, Aug-11-2021 09:55 AM.
Veeco Instruments Inc. Provides Earnings Guidance for the Third Quarter, Fourth Quarter and Full Year of 2021
2021-08-03 21:00:00
Veeco Instruments Inc. provided earnings guidance for the third quarter, fourth quarter and full year of 2021. For the third quarter, revenue is expected to be between $135 and $155 million with non-GAAP gross margin between 41% and 43%. GAAP EPS is expected between $0.02 and $0.20 per diluted share.The company expects fourth quarter to be in the same revenue range as the company’s third quarter guidance, which at the midpoint. The company projects full year revenue around $570 million, which is above the high end of previous provided guidance.
Veeco Instruments Inc., Q2 2021 Earnings Call, Aug 03, 2021
2021-07-15 12:00:00
Veeco Instruments Inc., Q2 2021 Earnings Call, Aug 03, 2021
Veeco Instruments Inc. to Report Q2, 2021 Results on Aug 03, 2021
2021-07-15 12:00:00
Veeco Instruments Inc. announced that they will report Q2, 2021 results After-Market on Aug 03, 2021
Fundamental Summary
Veeco Instruments's recently released results from Q1 indicate that Veeco Instruments is performing reasonably well and on par with its peers. This typically translates into the stock performing on par with market performance for the upcoming quarter. Overall, Veeco Instruments's growth and income factors are trending positively, and we, therefore, give Veeco Instruments an overall grade of 72 and a HOLD recommendation.
Veeco Instruments reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 156.43 million compared to USD 133.71 million a year ago. Net income was USD 13.33 million compared to USD 2.49 million a year ago. Basic earnings per share from continuing operations was USD 0.27 compared to USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.24 compared to USD 0.05 a year ago.
Business Description
Veeco Instruments, together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, and atomic layer deposition and other deposition systems, as well as packaging lithography equipment. Its process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory, photonics devices, power electronics, radio frequency filters and amplifiers, magnetic heads for hard disk drives, and other semiconductor devices. In addition, the company markets and sells its products to integrated device manufacturers and foundries; outsourced semiconductor assembly and test, hard disk drive, and photonics manufacturers; and research centers and universities. Veeco Instruments was founded in 1945 and is headquartered in Plainview, New York.
Sector Overview
Veeco Instruments is included in the Semiconductors & Semiconductor Equipment according to GICS (global industry classification standard). The Semiconductors & Semiconductor Equipment industry is part of the Information Technology sector. It includes manufacturers of semiconductors, semiconductor equipment, and related products. Veeco Instruments's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.
Fundamental Highlights
| Parameter | Value | Change | Score | |
|---|---|---|---|---|
| Return on Equity | 9.0 | 46.8% | 91 | |
| Net Cashflow | -13.1 | -33.3% | 73 | |
| Capital Expenditure | -47.9 | -23.0% | 48 | |
| Asset Turnover | 0.6 | 0.1% | 69 | |
| Free Cashflow | 0.7 | 19.1% | 82 |
* All values are TTM
The below chart reflects Veeco Instruments's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Veeco Instruments's peer average final assessment score stands on 71.0, Veeco Instruments's score is 72.
- VECO
- Peers average
Technical Analysis
When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Veeco Instruments's stock is now priced above its 5-day, but below its 50-day and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Veeco Instruments's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 47.
5D MA
19.63
50D MA
21.73
200D MA
25.15
MACD
-0.7
RSI
4.36
STOCH
37.0
Balance Sheet Analysis
Veeco Instruments's recently published balance sheet conveys disappointing growth, particularly with respect to Equity and Book Value Factors metrics. Veeco Instruments management produced disappointing equity metrics this period, which stood at 403.6, representing a -7.8% change. This parameter often affects companies in the same industry and market capitalization by up to 4.3%. This performance is significantly less impressive than its peers and competitors. Therefore, their equity movement component earned a score of 41. Also, Veeco Instruments's price to book ratio (P/B) was reported as 2.4 and represents -26.2% change from the previous report. This characteristic can affect companies in the same industry and market capitalization by up to 8.8%. The company's book value factors were lackluster and showed that management hasn't figured out how to overperform expectations. Consequently, their book value factors movement received a grade of 47. That said, one metric, Liabilities, stood out as strongly positive. Veeco Instruments has done an excellent job managing its liabilities. Veeco Instruments's liabilities stood at 516.8 in the current filing, which represents a 12.0% change from the previous report. These liabilities changes appear balanced compared to their peers and project the message that management is capable and focused on balancing asset growth, resource allocation, and growing liabilities. These results statistically lead to positive movement in stock prices, so we rated its liabilities movement component 84. Because of these weaknesses, their balance sheet received an overall score of 58.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Assets | 920.4 | 2.4% | 72 |
| Liabilities | 516.8 | 12.0% | 84 |
| Price to Book | 2.4 | -26.2% | 47 |
| Cash & Equivalents | 127.6 | 6.6% | 78 |
| Equity | 403.6 | -7.8% | 41 |
The below chart describes Veeco Instruments's performance as reflected on its balance sheet with respect to its peers. While Veeco Instruments received a balance sheet score of 58, the average of its peers stands on 66.0.
- VECO
- Peers average
| Name | Market Cap | Liabilities Movement | Asset Change | Equity/Intangibles Adjustments | Cash & Equivalents | Book Value Momentum | Balance Sheet | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 422.4B | 78 | 70 | 65 | 97 | 54 | 71 | 0 | 1 |
| Intel Corporation | 157.9B | 65 | 69 | 76 | 90 | 81 | 77 | 1 | 1 |
| Texas Instruments Incorporated | 143.5B | 63 | 70 | 87 | 46 | 84 | 76 | 2 | 1 |
| QUALCOMM Incorporated | 142.4B | 57 | 71 | 96 | 80 | 81 | 82 | 3 | 1 |
| Advanced Micro Devices, Inc. | 139.6B | 94 | 61 | 78 | 96 | 81 | 88 | 4 | 1 |
| Broadcom Inc. | 102.5B | 67 | 79 | 59 | 56 | 54 | 62 | 5 | 1 |
| Applied Materials, Inc. | 84.9B | 71 | 72 | 64 | 41 | 55 | 60 | 6 | 1 |
| Analog Devices, Inc. | 78.3B | 62 | 80 | 66 | 65 | 66 | 69 | 7 | 1 |
| Micron Technology, Inc. | 65.6B | 73 | 69 | 85 | 76 | 74 | 81 | 8 | 1 |
| Lam Research Corporation | 62.4B | 73 | 77 | 59 | 51 | 45 | 59 | 9 | 1 |
| KLA Corporation | 50.5B | 75 | 62 | 73 | 53 | 66 | 66 | 10 | 1 |
| NXP Semiconductors N.V. | 41.7B | 72 | 68 | 56 | 62 | 76 | 64 | 11 | 1 |
| Marvell Technology, Inc. | 40.5B | 71 | 84 | 50 | 46 | 51 | 60 | 12 | 1 |
| Microchip Technology Incorporated | 33.6B | 65 | 84 | 76 | 72 | 65 | 78 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 24.5B | 81 | 66 | 73 | 82 | 74 | 78 | 14 | 1 |
| ON Semiconductor Corporation | 23.5B | 74 | 69 | 77 | 88 | 82 | 81 | 15 | 1 |
| Monolithic Power Systems, Inc. | 19.4B | 85 | 65 | 75 | 92 | 80 | 84 | 16 | 1 |
| SolarEdge Technologies, Inc. | 16.5B | 77 | 62 | 77 | 96 | 86 | 82 | 17 | 1 |
| Skyworks Solutions, Inc. | 15.8B | 69 | 77 | 64 | 46 | 52 | 62 | 18 | 1 |
| Teradyne, Inc. | 15.7B | 48 | 81 | 63 | 45 | 47 | 51 | 19 | 1 |
| Entegris, Inc. | 14.2B | 62 | 71 | 75 | 55 | 79 | 70 | 20 | 1 |
| Qorvo, Inc. | 10.6B | 64 | 83 | 64 | 67 | 55 | 67 | 21 | 1 |
| First Solar, Inc. | 7.5B | 77 | 70 | 50 | 58 | 57 | 58 | 22 | 1 |
| Lattice Semiconductor Corporation | 7.2B | 53 | 79 | 79 | 60 | 64 | 68 | 23 | 1 |
| MKS Instruments, Inc. | 6.0B | 59 | 74 | 72 | 76 | 72 | 70 | 24 | 1 |
| Universal Display Corporation | 5.4B | 57 | 76 | 83 | 85 | 70 | 75 | 25 | 1 |
| Silicon Laboratories Inc. | 5.3B | 89 | 81 | 60 | 45 | 47 | 71 | 26 | 1 |
| CMC Materials, Inc. | 5.2B | 65 | 79 | 73 | 87 | 82 | 80 | 27 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 68 | 72 | 69 | 61 | 57 | 65 | 28 | 1 |
| Synaptics Incorporated | 5.1B | 71 | 71 | 78 | 92 | 76 | 81 | 29 | 1 |
| Power Integrations, Inc. | 4.5B | 55 | 82 | 59 | 79 | 56 | 61 | 30 | 1 |
| Amkor Technology, Inc. | 4.3B | 70 | 68 | 75 | 74 | 77 | 74 | 31 | 1 |
| Cirrus Logic, Inc. | 4.1B | 73 | 76 | 81 | 96 | 74 | 86 | 32 | 1 |
| Allegro MicroSystems, Inc. | 4.1B | 68 | 69 | 74 | 80 | 76 | 74 | 33 | 1 |
| Semtech Corporation | 3.6B | 58 | 79 | 68 | 67 | 64 | 67 | 34 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.4B | 64 | 75 | 74 | 38 | 75 | 69 | 35 | 1 |
| SunPower Corporation | 3.2B | 72 | 81 | 42 | 83 | 53 | 61 | 36 | 1 |
| FormFactor, Inc. | 3.1B | 72 | 70 | 84 | 82 | 80 | 83 | 37 | 1 |
| Diodes Incorporated | 3.1B | 46 | 78 | 71 | 51 | 72 | 61 | 38 | 1 |
| Silicon Motion Technology Corporation | 2.9B | 40 | 85 | 60 | 40 | 47 | 54 | 39 | 1 |
| Nova Ltd. | 2.8B | 86 | 45 | 76 | 48 | 82 | 61 | 40 | 1 |
| MaxLinear, Inc. | 2.7B | 68 | 71 | 75 | 85 | 75 | 76 | 41 | 1 |
| Ambarella, Inc. | 2.7B | 45 | 75 | 74 | 86 | 65 | 63 | 42 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.7B | 45 | 83 | 61 | 76 | 56 | 57 | 43 | 1 |
| Rambus Inc. | 2.4B | 43 | 82 | 41 | 95 | 54 | 48 | 44 | 1 |
| Canadian Solar Inc. | 2.2B | 91 | 54 | 59 | 62 | 62 | 58 | 45 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 76 | 68 | 85 | 71 | 74 | 81 | 46 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 94 | 61 | 77 | 79 | 86 | 88 | 47 | 1 |
| Himax Technologies, Inc. | 1.6B | 78 | 55 | 91 | 85 | 95 | 77 | 48 | 1 |
| Impinj, Inc. | 1.4B | 62 | 68 | 78 | 39 | 92 | 72 | 49 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 55 | 78 | 68 | 48 | 68 | 63 | 50 | 1 |
| Cohu, Inc. | 1.4B | 52 | 82 | 57 | 59 | 59 | 57 | 51 | 1 |
| Photronics, Inc. | 1.3B | 53 | 85 | 66 | 76 | 66 | 68 | 52 | 1 |
| SMART Global Holdings, Inc. | 1.1B | 90 | 63 | 75 | 95 | 82 | 86 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 957.1M | 89 | 64 | 67 | 87 | 67 | 77 | 54 | 1 |
| PDF Solutions, Inc. | 813.0M | 54 | 81 | 64 | 90 | 51 | 62 | 55 | 1 |
| CEVA, Inc. | 804.5M | 82 | 74 | 60 | 87 | 60 | 73 | 56 | 1 |
| Ichor Holdings, Ltd. | 789.3M | 59 | 76 | 65 | 38 | 63 | 59 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 603.6M | 87 | 68 | 40 | 78 | 38 | 53 | 58 | 1 |
| Enphase Energy, Inc. | 27.8B | 89 | 61 | 39 | 97 | 55 | 58 | 59 | 1 |
| Wolfspeed, Inc. | 8.7B | 96 | 63 | 58 | 97 | 56 | 73 | 60 | 1 |
| Daqo New Energy Corp. | 5.4B | 92 | 62 | 81 | 95 | 93 | 93 | 61 | 1 |
| SiTime Corporation | 3.8B | 57 | 67 | 65 | 73 | 64 | 58 | 62 | 1 |
| Onto Innovation Inc. | 3.7B | 84 | 71 | 67 | 72 | 73 | 77 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.3B | 87 | 62 | 77 | 94 | 94 | 89 | 64 | 1 |
| Camtek Ltd. | 1.1B | 63 | 61 | 82 | 37 | 90 | 66 | 65 | 1 |
| ACM Research, Inc. | 950.7M | 87 | 57 | 51 | 43 | 50 | 52 | 66 | 1 |
| NeoPhotonics Corporation | 837.4M | 89 | 66 | 49 | 72 | 64 | 66 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 60 | 93 | 47 | 85 | 74 | 72 | 68 | 1 |
| indie Semiconductor, Inc. | 752.7M | 49 | 54 | 72 | 56 | 56 | 44 | 69 | 1 |
| Magnachip Semiconductor Corporation | 681.9M | 56 | 78 | 79 | 72 | 72 | 74 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 77 | 53 | 73 | 92 | 79 | 72 | 71 | 1 |
| Navitas Semiconductor Corporation | 575.2M | 37 | 80 | 80 | 62 | 80 | 67 | 72 | 1 |
| Rigetti Computing, Inc. | 426.1M | 94 | 62 | 85 | 99 | 98 | 98 | 73 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 60 | 71 | 61 | 60 | 69 | 56 | 74 | 1 |
| Meta Materials Inc. | 414.9M | 51 | 78 | 42 | 41 | 51 | 41 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 66 | 77 | 79 | 85 | 52 | 65 | 76 | 1 |
| Valens Semiconductor Ltd. | 350.3M | 92 | 70 | 66 | 45 | 73 | 75 | 77 | 1 |
| Rockley Photonics Holdings Limited | 338.0M | 48 | 82 | 40 | 37 | 52 | 41 | 78 | 1 |
| CyberOptics Corporation | 278.5M | 71 | 66 | 72 | 64 | 86 | 74 | 79 | 1 |
| Transphorm, Inc. | 260.9M | 41 | 87 | 39 | 47 | 55 | 45 | 80 | 1 |
Income Statement Analysis
Veeco Instruments appears likely to maintain its strong income statement metrics and momentum going forward. Return factors metrics and ratios were exceptional in this report. Veeco Instruments reported a return on equity (ROE) ratio of 9.0, representing a change of 46.8% from the last report. Its return factor metrics are even more remarkable when compared to their peers. Therefore, its return factors component earned a score of 91. Also, Veeco Instruments reported impressive EBITDA this period. At filing, EBITDA was reported as 93.2, representing 9.9% change from the previous period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 13.2%. Their EBITDA metrics are even more impressive relative to their peers and competitors, and its likely the stock price has room to grow to reflect its intrinsic value accurately. Consequently, their EBITDA movement received a grade of 84. That said, one metric, Revenue Efficiency, stood out as particularly concerning. Veeco Instruments's revenue efficiency metrics look especially concerning this period, highlighting issues management is having controlling and reducing expenses while increasing earnings. This metric might have a 18.5 percent impact on companies in the same industry and with the same market capitalization. Their revenue efficiency, specifically in contrast to their industry peers', isn't encouraging. As a result, their revenue efficiency earned a score of 66. Therefore, it received a score of 76.
| Parameter | Value | Change | Score |
|---|---|---|---|
| EBITDA | 93.2 | 9.9% | 84 |
| Total Revenues | 606.0 | 3.9% | 66 |
| Return on Equity | 9.0 | 46.8% | 91 |
The below chart describes Veeco Instruments's performance as reflected on its income statement with respect to its peers. While Veeco Instruments received a income statement score of 76 , the average of its peers stands on 71.0.
- VECO
- Peers average
| Name | Market Cap | Revenue Momentum | Earning Movement | Return Factors Momentum | Income Statement | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 422.4B | 46 | 83 | 68 | 63 | 0 | 1 |
| Intel Corporation | 157.9B | 90 | 55 | 73 | 76 | 1 | 1 |
| Texas Instruments Incorporated | 143.5B | 69 | 78 | 71 | 74 | 2 | 1 |
| QUALCOMM Incorporated | 142.4B | 48 | 87 | 79 | 66 | 3 | 1 |
| Advanced Micro Devices, Inc. | 139.6B | 40 | 89 | 38 | 59 | 4 | 1 |
| Broadcom Inc. | 102.5B | 59 | 80 | 90 | 71 | 5 | 1 |
| Applied Materials, Inc. | 84.9B | 72 | 68 | 73 | 72 | 6 | 1 |
| Analog Devices, Inc. | 78.3B | 40 | 91 | 93 | 65 | 7 | 1 |
| Micron Technology, Inc. | 65.6B | 59 | 88 | 90 | 74 | 8 | 1 |
| Lam Research Corporation | 62.4B | 80 | 63 | 75 | 74 | 9 | 1 |
| KLA Corporation | 50.5B | 56 | 77 | 77 | 67 | 10 | 1 |
| NXP Semiconductors N.V. | 41.7B | 59 | 79 | 90 | 71 | 11 | 1 |
| Marvell Technology, Inc. | 40.5B | 41 | 89 | 88 | 64 | 12 | 1 |
| Microchip Technology Incorporated | 33.6B | 57 | 83 | 92 | 71 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 24.5B | 50 | 93 | 85 | 70 | 14 | 1 |
| ON Semiconductor Corporation | 23.5B | 53 | 92 | 94 | 73 | 15 | 1 |
| Monolithic Power Systems, Inc. | 19.4B | 45 | 90 | 83 | 66 | 16 | 1 |
| SolarEdge Technologies, Inc. | 16.5B | 41 | 70 | 48 | 53 | 17 | 1 |
| Skyworks Solutions, Inc. | 15.8B | 69 | 70 | 63 | 70 | 18 | 1 |
| Teradyne, Inc. | 15.7B | 88 | 57 | 62 | 75 | 19 | 1 |
| Entegris, Inc. | 14.2B | 56 | 80 | 80 | 69 | 20 | 1 |
| Qorvo, Inc. | 10.6B | 76 | 65 | 63 | 71 | 21 | 1 |
| First Solar, Inc. | 7.5B | 98 | 43 | 40 | 73 | 22 | 1 |
| Lattice Semiconductor Corporation | 7.2B | 54 | 88 | 89 | 71 | 23 | 1 |
| MKS Instruments, Inc. | 6.0B | 78 | 66 | 65 | 74 | 24 | 1 |
| Universal Display Corporation | 5.4B | 71 | 63 | 61 | 68 | 25 | 1 |
| Silicon Laboratories Inc. | 5.3B | 44 | 96 | 98 | 70 | 26 | 1 |
| CMC Materials, Inc. | 5.2B | 72 | 76 | 93 | 76 | 27 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 63 | 87 | 82 | 79 | 28 | 1 |
| Synaptics Incorporated | 5.1B | 45 | 91 | 90 | 68 | 29 | 1 |
| Power Integrations, Inc. | 4.5B | 80 | 76 | 83 | 80 | 30 | 1 |
| Amkor Technology, Inc. | 4.3B | 63 | 76 | 77 | 70 | 31 | 1 |
| Cirrus Logic, Inc. | 4.1B | 42 | 92 | 93 | 67 | 32 | 1 |
| Allegro MicroSystems, Inc. | 4.1B | 68 | 48 | 67 | 61 | 33 | 1 |
| Semtech Corporation | 3.6B | 64 | 84 | 87 | 75 | 34 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.4B | 74 | 77 | 73 | 76 | 35 | 1 |
| SunPower Corporation | 3.2B | 49 | 43 | 72 | 49 | 36 | 1 |
| FormFactor, Inc. | 3.1B | 79 | 76 | 83 | 80 | 37 | 1 |
| Diodes Incorporated | 3.1B | 66 | 84 | 86 | 76 | 38 | 1 |
| Silicon Motion Technology Corporation | 2.9B | 54 | 83 | 78 | 72 | 39 | 1 |
| Nova Ltd. | 2.8B | 41 | 89 | 78 | 70 | 40 | 1 |
| MaxLinear, Inc. | 2.7B | 56 | 92 | 96 | 75 | 41 | 1 |
| Ambarella, Inc. | 2.7B | 56 | 89 | 79 | 71 | 42 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.7B | 73 | 82 | 85 | 79 | 43 | 1 |
| Rambus Inc. | 2.4B | 48 | 85 | 62 | 64 | 44 | 1 |
| Canadian Solar Inc. | 2.2B | 73 | 76 | 53 | 72 | 45 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 44 | 91 | 91 | 67 | 46 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 38 | 88 | 63 | 60 | 47 | 1 |
| Himax Technologies, Inc. | 1.6B | 53 | 84 | 66 | 70 | 48 | 1 |
| Impinj, Inc. | 1.4B | 64 | 53 | 52 | 59 | 49 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 53 | 73 | 71 | 63 | 50 | 1 |
| Cohu, Inc. | 1.4B | 92 | 53 | 49 | 75 | 51 | 1 |
| Photronics, Inc. | 1.3B | 55 | 86 | 92 | 71 | 52 | 1 |
| SMART Global Holdings, Inc. | 1.1B | 48 | 86 | 68 | 65 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 957.1M | 62 | 75 | 76 | 69 | 54 | 1 |
| PDF Solutions, Inc. | 813.0M | 49 | 95 | 89 | 71 | 55 | 1 |
| CEVA, Inc. | 804.5M | 51 | 90 | 97 | 71 | 56 | 1 |
| Ichor Holdings, Ltd. | 789.3M | 72 | 60 | 55 | 67 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 603.6M | 50 | 49 | 60 | 49 | 58 | 1 |
| Enphase Energy, Inc. | 27.8B | 45 | 74 | 55 | 57 | 59 | 1 |
| Wolfspeed, Inc. | 8.7B | 49 | 90 | 86 | 69 | 60 | 1 |
| Daqo New Energy Corp. | 5.4B | 37 | 96 | 94 | 65 | 61 | 1 |
| SiTime Corporation | 3.8B | 39 | 93 | 78 | 64 | 62 | 1 |
| Onto Innovation Inc. | 3.7B | 47 | 87 | 89 | 67 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.3B | 38 | 89 | 81 | 62 | 64 | 1 |
| Camtek Ltd. | 1.1B | 50 | 81 | 71 | 68 | 65 | 1 |
| ACM Research, Inc. | 950.7M | 88 | 42 | 42 | 67 | 66 | 1 |
| NeoPhotonics Corporation | 837.4M | 45 | 95 | 90 | 69 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 90 | 59 | 63 | 70 | 68 | 1 |
| indie Semiconductor, Inc. | 752.7M | 37 | 47 | 69 | 43 | 69 | 1 |
| Magnachip Semiconductor Corporation | 681.9M | 94 | 80 | 88 | 90 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 68 | 68 | 58 | 67 | 71 | 1 |
| Navitas Semiconductor Corporation | 575.2M | 56 | 45 | 72 | 53 | 72 | 1 |
| Rigetti Computing, Inc. | 426.1M | 92 | 44 | 69 | 73 | 73 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 87 | 49 | 76 | 66 | 74 | 1 |
| Meta Materials Inc. | 414.9M | 37 | 45 | 70 | 43 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 89 | 47 | 51 | 74 | 76 | 1 |
| Valens Semiconductor Ltd. | 350.3M | 41 | 86 | 65 | 65 | 77 | 1 |
| Rockley Photonics Holdings Limited | 338.0M | 97 | 50 | 83 | 79 | 78 | 1 |
| CyberOptics Corporation | 278.5M | 54 | 87 | 87 | 71 | 79 | 1 |
| Transphorm, Inc. | 260.9M | 37 | 81 | 97 | 68 | 80 | 1 |
Cash Flow Analysis
Free Cash flow and Net Cash Flow stand out as the most significant drivers of Veeco Instruments's cash flow's strength. Free cash flow numbers published by Veeco Instruments were 0.7, which was a 19.1% change from the previous filing. Companies in the same industry and market capitalization are typically affected by this parameter by up to 7.4%. These free cash flow numbers show that management has executed well while generating cash flow and encouraging growth. Consequently, their free cash flow movement received a grade of 82. Also, Veeco Instruments's strong net cash flow numbers, which were -13.1 in this filing, showed a -33.3% change from the last period. This industry-leading net cash flow momentum should reinforce broader positive momentum for its's stock price going forward. Consequently, their net cash flow movement received a grade of 73. That said, one metric, Capital Expenditure, stood out as particularly concerning. Veeco Instruments's management did not a remarkable job this period managing capital expenditures (CapEx). In terms of the raw numbers, CapEx was reported as -47.9, which represents a -23.0% change from the last period. This performance is all the more uninspiring relative to their peers and competitors. Its CapEx movement, therefore, received a grade of 48. Therefore, we scored its cash flow a 71.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Net Cashflow | -13.1 | -33.3% | 73 |
| Capital Expenditure | -47.9 | -23.0% | 48 |
| Asset Turnover | 0.6 | 0.1% | 69 |
| Free Cashflow | 0.7 | 19.1% | 82 |
The below chart describes Veeco Instruments's performance as reflected on its cash flow with respect to its peers. While Veeco Instruments received a cash flow score of 71, the average of its peers stands on 70.0.
- VECO
- Peers average
| Name | Market Cap | Cashflow Momentum | Free Cashflow Growth | Capital Expenditure Growth | Assets Factors Momentum | Cash Flow | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 422.4B | 93 | 65 | 61 | 86 | 82 | 0 | 1 |
| Intel Corporation | 157.9B | 57 | 72 | 68 | 53 | 58 | 1 | 1 |
| Texas Instruments Incorporated | 143.5B | 74 | 74 | 63 | 69 | 70 | 2 | 1 |
| QUALCOMM Incorporated | 142.4B | 65 | 65 | 70 | 87 | 77 | 3 | 1 |
| Advanced Micro Devices, Inc. | 139.6B | 93 | 66 | 69 | 37 | 57 | 4 | 1 |
| Broadcom Inc. | 102.5B | 74 | 76 | 87 | 89 | 85 | 5 | 1 |
| Applied Materials, Inc. | 84.9B | 75 | 59 | 69 | 72 | 69 | 6 | 1 |
| Analog Devices, Inc. | 78.3B | 78 | 76 | 51 | 94 | 84 | 7 | 1 |
| Micron Technology, Inc. | 65.6B | 81 | 85 | 81 | 74 | 80 | 8 | 1 |
| Lam Research Corporation | 62.4B | 72 | 60 | 56 | 75 | 68 | 9 | 1 |
| KLA Corporation | 50.5B | 70 | 76 | 52 | 79 | 74 | 10 | 1 |
| NXP Semiconductors N.V. | 41.7B | 59 | 72 | 51 | 85 | 73 | 11 | 1 |
| Marvell Technology, Inc. | 40.5B | 94 | 84 | 58 | 46 | 65 | 12 | 1 |
| Microchip Technology Incorporated | 33.6B | 80 | 79 | 48 | 84 | 79 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 24.5B | 54 | 86 | 45 | 64 | 64 | 14 | 1 |
| ON Semiconductor Corporation | 23.5B | 60 | 79 | 55 | 74 | 70 | 15 | 1 |
| Monolithic Power Systems, Inc. | 19.4B | 84 | 78 | 59 | 75 | 77 | 16 | 1 |
| SolarEdge Technologies, Inc. | 16.5B | 46 | 38 | 55 | 52 | 43 | 17 | 1 |
| Skyworks Solutions, Inc. | 15.8B | 78 | 57 | 79 | 73 | 71 | 18 | 1 |
| Teradyne, Inc. | 15.7B | 75 | 65 | 66 | 68 | 68 | 19 | 1 |
| Entegris, Inc. | 14.2B | 60 | 57 | 50 | 77 | 65 | 20 | 1 |
| Qorvo, Inc. | 10.6B | 78 | 65 | 87 | 71 | 73 | 21 | 1 |
| First Solar, Inc. | 7.5B | 46 | 84 | 56 | 46 | 53 | 22 | 1 |
| Lattice Semiconductor Corporation | 7.2B | 79 | 77 | 43 | 82 | 77 | 23 | 1 |
| MKS Instruments, Inc. | 6.0B | 58 | 58 | 92 | 56 | 59 | 24 | 1 |
| Universal Display Corporation | 5.4B | 74 | 81 | 68 | 65 | 71 | 25 | 1 |
| Silicon Laboratories Inc. | 5.3B | 70 | 89 | 81 | 88 | 86 | 26 | 1 |
| CMC Materials, Inc. | 5.2B | 72 | 66 | 68 | 80 | 75 | 27 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 76 | 57 | 55 | 58 | 68 | 28 | 1 |
| Synaptics Incorporated | 5.1B | 85 | 62 | 98 | 55 | 67 | 29 | 1 |
| Power Integrations, Inc. | 4.5B | 88 | 77 | 64 | 82 | 82 | 30 | 1 |
| Amkor Technology, Inc. | 4.3B | 46 | 57 | 61 | 71 | 60 | 31 | 1 |
| Cirrus Logic, Inc. | 4.1B | 83 | 98 | 61 | 90 | 91 | 32 | 1 |
| Allegro MicroSystems, Inc. | 4.1B | 56 | 56 | 77 | 56 | 56 | 33 | 1 |
| Semtech Corporation | 3.6B | 79 | 78 | 58 | 79 | 78 | 34 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.4B | 46 | 78 | 54 | 78 | 69 | 35 | 1 |
| SunPower Corporation | 3.2B | 84 | 41 | 39 | 93 | 74 | 36 | 1 |
| FormFactor, Inc. | 3.1B | 78 | 81 | 66 | 58 | 68 | 37 | 1 |
| Diodes Incorporated | 3.1B | 77 | 61 | 52 | 80 | 72 | 38 | 1 |
| Silicon Motion Technology Corporation | 2.9B | 63 | 53 | 46 | 85 | 61 | 39 | 1 |
| Nova Ltd. | 2.8B | 58 | 53 | 39 | 56 | 54 | 40 | 1 |
| MaxLinear, Inc. | 2.7B | 90 | 92 | 80 | 81 | 88 | 41 | 1 |
| Ambarella, Inc. | 2.7B | 84 | 95 | 45 | 75 | 80 | 42 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.7B | 93 | 81 | 83 | 74 | 83 | 43 | 1 |
| Rambus Inc. | 2.4B | 96 | 73 | 89 | 89 | 90 | 44 | 1 |
| Canadian Solar Inc. | 2.2B | 69 | 70 | 74 | 68 | 71 | 45 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 81 | 77 | 68 | 85 | 82 | 46 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 60 | 85 | 37 | 43 | 53 | 47 | 1 |
| Himax Technologies, Inc. | 1.6B | 66 | 77 | 48 | 79 | 67 | 48 | 1 |
| Impinj, Inc. | 1.4B | 70 | 38 | 85 | 73 | 65 | 49 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 68 | 41 | 41 | 76 | 62 | 50 | 1 |
| Cohu, Inc. | 1.4B | 92 | 62 | 71 | 44 | 59 | 51 | 1 |
| Photronics, Inc. | 1.3B | 65 | 92 | 96 | 79 | 83 | 52 | 1 |
| SMART Global Holdings, Inc. | 1.1B | 47 | 85 | 95 | 54 | 62 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 957.1M | 49 | 64 | 45 | 59 | 54 | 54 | 1 |
| PDF Solutions, Inc. | 813.0M | 81 | 98 | 45 | 92 | 89 | 55 | 1 |
| CEVA, Inc. | 804.5M | 57 | 54 | 84 | 83 | 71 | 56 | 1 |
| Ichor Holdings, Ltd. | 789.3M | 51 | 37 | 87 | 71 | 59 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 603.6M | 87 | 90 | 59 | 88 | 84 | 58 | 1 |
| Enphase Energy, Inc. | 27.8B | 89 | 77 | 64 | 40 | 60 | 59 | 1 |
| Wolfspeed, Inc. | 8.7B | 57 | 74 | 76 | 46 | 55 | 60 | 1 |
| Daqo New Energy Corp. | 5.4B | 78 | 86 | 63 | 96 | 89 | 61 | 1 |
| SiTime Corporation | 3.8B | 83 | 87 | 56 | 44 | 62 | 62 | 1 |
| Onto Innovation Inc. | 3.7B | 95 | 65 | 88 | 85 | 85 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.3B | 67 | 69 | 73 | 78 | 74 | 64 | 1 |
| Camtek Ltd. | 1.1B | 69 | 70 | 74 | 72 | 71 | 65 | 1 |
| ACM Research, Inc. | 950.7M | 62 | 43 | 50 | 54 | 50 | 66 | 1 |
| NeoPhotonics Corporation | 837.4M | 50 | 63 | 67 | 87 | 72 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 64 | 63 | 74 | 73 | 68 | 68 | 1 |
| indie Semiconductor, Inc. | 752.7M | 69 | 80 | 52 | 98 | 85 | 69 | 1 |
| Magnachip Semiconductor Corporation | 681.9M | 65 | 56 | 76 | 54 | 57 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 65 | 69 | 68 | 82 | 75 | 71 | 1 |
| Navitas Semiconductor Corporation | 575.2M | 70 | 87 | 94 | 93 | 90 | 72 | 1 |
| Rigetti Computing, Inc. | 426.1M | 48 | 76 | 51 | 60 | 58 | 73 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 66 | 64 | 68 | 94 | 73 | 74 | 1 |
| Meta Materials Inc. | 414.9M | 85 | 56 | 68 | 97 | 84 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 75 | 62 | 63 | 56 | 61 | 76 | 1 |
| Valens Semiconductor Ltd. | 350.3M | 53 | 89 | 90 | 46 | 66 | 77 | 1 |
| Rockley Photonics Holdings Limited | 338.0M | 80 | 72 | 66 | 46 | 59 | 78 | 1 |
| CyberOptics Corporation | 278.5M | 49 | 74 | 89 | 78 | 72 | 79 | 1 |
| Transphorm, Inc. | 260.9M | 81 | 87 | 96 | 94 | 88 | 80 | 1 |
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