VECOVeeco Instruments Inc.
Is it safe?
Solid, nothing alarming: clean books and comfortable debt (AA), but big price swings.
Reported earnings show no manipulation flags Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).
Mixed fundamental signals Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.
Insiders were net sellers (-$12.6M, 90 days to Oct 8, 2026), selling is often routine.
Net cash and profitable. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -81% · now 37% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 31, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can VECO take a bad year?
Veeco Instruments Inc. holds $203M more cash than debt, so a bad year is a question about profits, not about lenders.
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Interest cover
- 2.14×
Interest cover · operating profit covers the interest bill, with room to spare
- Annualised volatility
- 59%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $227M
- Cash and short-term investments
- $429M
- Net cash
- $203M
- EBITDA, trailing twelve months
- $37M
- Operating profit, trailing twelve months
- $18M
- Debt / equity
- 0.25×
- Total debt / EBITDA
- 6.16×
- Annualised volatilitytwo years of daily moves
- 59%
- Worst drawdown on file
- −81%
- Below its 52-week high
- 37%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Semiconductor Equipment & Materials
Ranks #10 of 18 by RyuScore