WallStSmart

Teradyne Inc (TER)vsVeeco Instruments Inc (VECO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Teradyne Inc generates 554% more annual revenue ($4.46B vs $682.72M). TER leads profitability with a 25.8% profit margin vs 3.4%. TER appears more attractively valued with a PEG of 0.68. TER earns a higher WallStSmart Score of 79/100 (B+).

TER

Strong Buy

79

out of 100

Grade: B+

Growth: 8.0Profit: 10.0Value: 5.0Quality: 8.0
Piotroski: 4/9Altman Z: 2.98

VECO

Hold

44

out of 100

Grade: D

Growth: 4.7Profit: 4.5Value: 4.7Quality: 8.0
Piotroski: 4/9Altman Z: 1.99
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for TER.

VECOFair Value (-2.0%)

Margin of Safety

-2.0%

Fair Value

$31.97

Current Price

$44.36

$12.39 premium

UndervaluedFair: $31.97Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

TER6 strengths · Avg: 9.8/10
Return on EquityProfitability
33.5%10/10

Every $100 of equity generates 33 in profit

Operating MarginProfitability
33.2%10/10

Strong operational efficiency at 33.2%

Revenue GrowthGrowth
103.9%10/10

Revenue surging 103.9% year-over-year

EPS GrowthGrowth
385.8%10/10

Earnings expanding 385.8% YoY

Debt/EquityHealth
0.0310/10

Conservative balance sheet, low leverage

Market CapQuality
$59.37B9/10

Large-cap with strong market position

VECO3 strengths · Avg: 8.3/10
Debt/EquityHealth
0.289/10

Conservative balance sheet, low leverage

PEG RatioValuation
0.818/10

Growing faster than its price suggests

Revenue GrowthGrowth
16.5%8/10

16.5% revenue growth

Areas to Watch

TER2 concerns · Avg: 3.0/10
Price/BookValuation
19.0x4/10

Trading at 19.0x book value

P/E RatioValuation
50.8x2/10

Premium valuation, high expectations priced in

VECO4 concerns · Avg: 3.0/10
Altman Z-ScoreHealth
1.994/10

Grey zone — moderate risk

Return on EquityProfitability
2.6%3/10

ROE of 2.6% — below average capital efficiency

Profit MarginProfitability
3.4%3/10

3.4% margin — thin

P/E RatioValuation
121.0x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : TER

The strongest argument for TER centers on Return on Equity, Operating Margin, Revenue Growth. Profitability is solid with margins at 25.8% and operating margin at 33.2%. Revenue growth of 103.9% demonstrates continued momentum.

Bull Case : VECO

The strongest argument for VECO centers on Debt/Equity, PEG Ratio, Revenue Growth. Revenue growth of 16.5% demonstrates continued momentum. PEG of 0.81 suggests the stock is reasonably priced for its growth.

Bear Case : TER

The primary concerns for TER are Price/Book, P/E Ratio. A P/E of 50.8x leaves little room for execution misses.

Bear Case : VECO

The primary concerns for VECO are Altman Z-Score, Return on Equity, Profit Margin. A P/E of 121.0x leaves little room for execution misses. Thin 3.4% margins leave little buffer for downturns.

Key Dynamics to Monitor

TER carries more volatility with a beta of 1.78 — expect wider price swings.

TER is growing revenue faster at 103.9% — sustainability is the question.

TER generates stronger free cash flow (378M), providing more financial flexibility.

Monitor SEMICONDUCTOR EQUIPMENT & MATERIALS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

TER scores higher overall (79/100 vs 44/100), backed by strong 25.8% margins and 103.9% 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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