COMP <GO>
VECO vs ACMR // FORWARD P/E MULTIPLE
Veeco Instruments Inc. (NASDAQ) VS. ACM Research Inc. (Class A) (NASDAQ) • 15-METRIC TALLY: VECO 4
— ACMR 7
▲ FORWARD P/E MULTIPLE LEADER: ACMR
LAST: $42.80 (-2.37%) • MKT CAP: $2.62B
forward-pe
68.7x
LAST: $49.29 (-7.03%) • MKT CAP: $3.43B
forward-pe
30.7x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (VECO VS. ACMR)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | VECO | ACMR | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 40.00% | 44.40% | -4.40 | ACMR | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 3.00% | 9.80% | -6.80 | ACMR | /roic <GO> |
| EV/EBITDA & P/E Valuation | 54.1x | 18.2x | +35.90 | ACMR | /valuation <GO> |
| Free Cash Flow Yield | 2.04% | -1.94% | +3.98 | VECO | /fcf-yield <GO> |
| Operating Margin | 5.40% | 12.10% | -6.70 | ACMR | /operating-margins <GO> |
| Net Profit Margin | 5.30% | 10.40% | -5.10 | ACMR | /net-margins <GO> |
| Revenue Growth (YoY) | — | 15.20% | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 4.31 | 3.50 | +0.81 | VECO | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 5/9 | +2.00 | VECO | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 34.8 | 27.2 | +7.57 | VECO | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 68.7x | 30.7x | +38.00 | ACMR | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $2.62B | $3.43B | -$816.7M | ACMR | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | VECO REV | ACMR REV | VECO GROSS % | ACMR GROSS % | VECO FCF | ACMR FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $664.3M | $901.3M | 40.0% | 44.4% | $53.3M | -$66.6M |
| FY 2024 | $717.3M | $782.1M | 42.4% | 50.1% | $45.7M | $70.0M |
| FY 2023 | $0 | $557.7M | — | — | $61.7M | -$75.3M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
VECO // BETA —
ACMR // BETA —