Contrasting of Veeco Instruments Inc. (VECO) and Nova Measuring Instruments Ltd. (NASDAQ:NVMI)

Both Veeco Instruments Inc. (NASDAQ:VECO) and Nova Measuring Instruments Ltd. (NASDAQ:NVMI) compete on a level playing field in the Semiconductor Equipment & Materials industry. We will evaluate their performance with regards to analyst recommendations, institutional ownership, profitability, risk, dividends, earnings and valuation.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Veeco Instruments Inc. 542.08M 1.06 407.09M -8.68 0.00
Nova Measuring Instruments Ltd. 251.13M 3.12 54.38M 1.89 13.30

Table 1 shows top-line revenue, earnings per share and valuation of the two companies.

Profitability

Table 2 shows us the return on equity, net margins and return on assets of both businesses.

Net Margins Return on Equity Return on Assets
Veeco Instruments Inc. -75.10% -66.8% -37%
Nova Measuring Instruments Ltd. 21.65% 20.8% 17.4%

Risk & Volatility

Veeco Instruments Inc. is 27.00% more volatile than Standard and Poor’s 500 due to its 1.27 beta. Nova Measuring Instruments Ltd. has a 1.12 beta and it is 12.00% more volatile than Standard and Poor’s 500.

Liquidity

Veeco Instruments Inc. has a Current Ratio of 3.2 and a Quick Ratio of 2.3. Competitively, Nova Measuring Instruments Ltd.’s Current Ratio is 5.9 and has 5 Quick Ratio. Nova Measuring Instruments Ltd.’s better ability to pay short and long-term obligations than Veeco Instruments Inc.

Analyst Ratings

In next table is shown Veeco Instruments Inc. and Nova Measuring Instruments Ltd.’s ratings and recommendations.

Sell Ratings Hold Ratings Buy Ratings Rating Score
Veeco Instruments Inc. 0 1 0 2.00
Nova Measuring Instruments Ltd. 0 0 0 0.00

Veeco Instruments Inc. has an average price target of $12, and a -0.08% downside potential.

Institutional and Insider Ownership

Roughly 95.2% of Veeco Instruments Inc. shares are owned by institutional investors while 74.7% of Nova Measuring Instruments Ltd. are owned by institutional investors. Veeco Instruments Inc.’s share owned by insiders are 1.5%. On the other hand, insiders owned about 1.7% of Nova Measuring Instruments Ltd.’s shares.

Performance

Here are the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Veeco Instruments Inc. 0.34% 21.81% 38.79% 4.82% -34.16% 61.27%
Nova Measuring Instruments Ltd. -1.68% 2.15% 2.07% -13.89% -5.94% 10.54%

For the past year Veeco Instruments Inc. has stronger performance than Nova Measuring Instruments Ltd.

Summary

Nova Measuring Instruments Ltd. beats on 9 of the 12 factors Veeco Instruments Inc.

Veeco Instruments Inc., together with its subsidiaries, designs, develops, manufactures, markets, and supports thin film process equipment to make light emitting diodes (LEDs), micro-electromechanical systems (MEMS), power electronics, wireless devices, hard disk drives (HDDs), and semiconductor devices worldwide. It offers metal organic chemical vapor deposition systems; precision surface processing systems; ion beam etch and deposition systems; molecular beam epitaxy systems; and other deposition and industrial products, as well as support services. The company sells its products to LED, MEMS, outsourced semiconductor assembly and test, HDD, and semiconductor manufacturers, as well as research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.

Nova Measuring Instruments Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel. The company offers in-line optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems that attach directly to wafer fabrication process equipment. Its products include thin film and optical CD process control solutions for dimensional, films, and material metrology measurements for process control across various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical polishing, and deposition. The company serves various sectors of the integrated circuit manufacturing industry, including logic, ASIC, foundries, and memory manufactures, as well as end users and process equipment manufacturers worldwide. Nova Measuring Instruments Ltd. was founded in 1993 and is headquartered in Rehovot, Israel.