WallStSmart

Teradyne Inc (TER)vsVeeco Instruments Inc (VECO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Teradyne Inc generates 380% more annual revenue ($3.19B vs $664.29M). TER leads profitability with a 17.4% profit margin vs 5.3%. VECO appears more attractively valued with a PEG of 0.81. TER earns a higher WallStSmart Score of 70/100 (B).

TER

Strong Buy

70

out of 100

Grade: B

Growth: 10.0Profit: 8.5Value: 4.7Quality: 6.8
Piotroski: 4/9

VECO

Hold

42

out of 100

Grade: D

Growth: 4.7Profit: 4.0Value: 4.7Quality: 7.5
Piotroski: 3/9Altman Z: 1.66
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

TERSignificantly Overvalued (-98.5%)

Margin of Safety

-98.5%

Fair Value

$161.93

Current Price

$323.36

$161.43 premium

UndervaluedFair: $161.93Overvalued
VECOSignificantly Overvalued (-713.0%)

Margin of Safety

-713.0%

Fair Value

$4.01

Current Price

$36.96

$32.95 premium

UndervaluedFair: $4.01Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

TER5 strengths · Avg: 9.6/10
Operating MarginProfitability
30.3%10/10

Strong operational efficiency at 30.3%

Revenue GrowthGrowth
43.9%10/10

Revenue surging 43.9% year-over-year

EPS GrowthGrowth
81.4%10/10

Earnings expanding 81.4% YoY

Market CapQuality
$50.12B9/10

Large-cap with strong market position

Debt/EquityHealth
0.129/10

Conservative balance sheet, low leverage

VECO3 strengths · Avg: 8.3/10
Debt/EquityHealth
0.309/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.818/10

Growing faster than its price suggests

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Areas to Watch

TER3 concerns · Avg: 3.3/10
PEG RatioValuation
1.614/10

Expensive relative to growth rate

Price/BookValuation
18.1x4/10

Trading at 18.1x book value

P/E RatioValuation
92.5x2/10

Premium valuation, high expectations priced in

VECO4 concerns · Avg: 3.3/10
Altman Z-ScoreHealth
1.664/10

Distress zone — elevated risk

Market CapQuality
$1.85B3/10

Smaller company, higher risk/reward

Return on EquityProfitability
4.3%3/10

ROE of 4.3% — below average capital efficiency

Profit MarginProfitability
5.3%3/10

5.3% margin — thin

Comparative Analysis Report

WallStSmart Research

Bull Case : TER

The strongest argument for TER centers on Operating Margin, Revenue Growth, EPS Growth. Profitability is solid with margins at 17.4% and operating margin at 30.3%. Revenue growth of 43.9% demonstrates continued momentum.

Bull Case : VECO

The strongest argument for VECO centers on Debt/Equity, PEG Ratio, Price/Book. PEG of 0.81 suggests the stock is reasonably priced for its growth.

Bear Case : TER

The primary concerns for TER are PEG Ratio, Price/Book, P/E Ratio. A P/E of 92.5x leaves little room for execution misses.

Bear Case : VECO

The primary concerns for VECO are Altman Z-Score, Market Cap, Return on Equity. A P/E of 52.0x leaves little room for execution misses.

Key Dynamics to Monitor

TER profiles as a growth stock while VECO is a value play — different risk/reward profiles.

TER carries more volatility with a beta of 1.80 — expect wider price swings.

TER is growing revenue faster at 43.9% — sustainability is the question.

TER generates stronger free cash flow (219M), providing more financial flexibility.

Bottom Line

TER scores higher overall (70/100 vs 42/100), backed by strong 17.4% margins and 43.9% revenue growth. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Teradyne Inc

TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS · USA

Teradyne, Inc. is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts.

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Veeco Instruments Inc

TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS · USA

Veeco Instruments Inc., develops, manufactures, sells and supports semiconductor and thin film process equipment primarily to manufacture electronic devices globally. The company is headquartered in Plainview, New York.

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