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MPTI vs VECO
Revenue, margins, valuation, and 5-year total return — side by side.
Semiconductors
MPTI vs VECO — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Hardware, Equipment & Parts | Semiconductors |
| Market Cap | $210M | $3.74B |
| Revenue (TTM) | $54M | $655M |
| Net Income (TTM) | $8M | $23M |
| Gross Margin | 44.4% | 38.6% |
| Operating Margin | 18.9% | 2.9% |
| Forward P/E | 29.7x | 37.1x |
| Total Debt | $148K | $258M |
| Cash & Equiv. | $21M | $163M |
MPTI vs VECO — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Oct 22 | May 26 | Return |
|---|---|---|---|
| M-tron Industries, … (MPTI) | 100 | 710.9 | +610.9% |
| Veeco Instruments I… (VECO) | 100 | 340.2 | +240.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MPTI vs VECO
Each card shows where this stock fits in a portfolio — not just who wins on paper.
MPTI carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 1.44
- Rev growth 11.0%, EPS growth -1.1%, 3Y rev CAGR 19.6%
- 458.9% 10Y total return vs VECO's 263.5%
VECO is the clearest fit if your priority is momentum.
- +223.1% vs MPTI's +28.6%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 11.0% revenue growth vs VECO's -7.4% | |
| Value | Lower P/E (29.7x vs 37.1x) | |
| Quality / Margins | 15.5% margin vs VECO's 3.5% | |
| Stability / Safety | Beta 1.44 vs VECO's 1.97, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +223.1% vs MPTI's +28.6% | |
| Efficiency (ROA) | 18.0% ROA vs VECO's 1.8%, ROIC 25.3% vs 2.8% |
MPTI vs VECO — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
MPTI vs VECO — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
MPTI leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
VECO is the larger business by revenue, generating $655M annually — 12.0x MPTI's $54M. MPTI is the more profitable business, keeping 15.5% of every revenue dollar as net income compared to VECO's 3.5%. On growth, MPTI holds the edge at +11.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $54M | $655M |
| EBITDAEarnings before interest/tax | $11M | $39M |
| Net IncomeAfter-tax profit | $8M | $23M |
| Free Cash FlowCash after capex | $8M | $43M |
| Gross MarginGross profit ÷ Revenue | +44.4% | +38.6% |
| Operating MarginEBIT ÷ Revenue | +18.9% | +2.9% |
| Net MarginNet income ÷ Revenue | +15.5% | +3.5% |
| FCF MarginFCF ÷ Revenue | +14.9% | +6.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | +11.2% | -5.4% |
| EPS Growth (YoY)Latest quarter vs prior year | +35.6% | -105.0% |
Valuation Metrics
MPTI leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 27.9x trailing earnings, MPTI trades at a 73% valuation discount to VECO's 105.1x P/E. On an enterprise value basis, MPTI's 16.7x EV/EBITDA is more attractive than VECO's 98.8x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $210M | $3.7B |
| Enterprise ValueMkt cap + debt − cash | $190M | $3.8B |
| Trailing P/EPrice ÷ TTM EPS | 27.95x | 105.10x |
| Forward P/EPrice ÷ next-FY EPS est. | 29.67x | 37.08x |
| PEG RatioP/E ÷ EPS growth rate | 0.64x | — |
| EV / EBITDAEnterprise value multiple | 16.67x | 98.84x |
| Price / SalesMarket cap ÷ Revenue | 3.87x | 5.64x |
| Price / BookPrice ÷ Book value/share | 3.74x | 4.24x |
| Price / FCFMarket cap ÷ FCF | 25.95x | 81.94x |
Profitability & Efficiency
MPTI leads this category, winning 7 of 8 comparable metrics.
Profitability & Efficiency
MPTI delivers a 20.1% return on equity — every $100 of shareholder capital generates $20 in annual profit, vs $3 for VECO. MPTI carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to VECO's 0.29x. On the Piotroski fundamental quality scale (0–9), VECO scores 6/9 vs MPTI's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +20.1% | +2.6% |
| ROA (TTM)Return on assets | +18.0% | +1.8% |
| ROICReturn on invested capital | +25.3% | +2.8% |
| ROCEReturn on capital employed | +21.7% | +3.2% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 6 |
| Debt / EquityFinancial leverage | 0.00x | 0.29x |
| Net DebtTotal debt minus cash | -$21M | $94M |
| Cash & Equiv.Liquid assets | $21M | $163M |
| Total DebtShort + long-term debt | $148,000 | $258M |
| Interest CoverageEBIT ÷ Interest expense | — | 3.98x |
Total Returns (Dividends Reinvested)
MPTI leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in MPTI five years ago would be worth $55,893 today (with dividends reinvested), compared to $27,795 for VECO. Over the past 12 months, VECO leads with a +223.1% total return vs MPTI's +28.6%. The 3-year compound annual growth rate (CAGR) favors MPTI at 83.4% vs VECO's 47.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +40.6% | +103.0% |
| 1-Year ReturnPast 12 months | +28.6% | +223.1% |
| 3-Year ReturnCumulative with dividends | +516.9% | +222.1% |
| 5-Year ReturnCumulative with dividends | +458.9% | +177.9% |
| 10-Year ReturnCumulative with dividends | +458.9% | +263.5% |
| CAGR (3Y)Annualised 3-year return | +83.4% | +47.7% |
Risk & Volatility
Evenly matched — MPTI and VECO each lead in 1 of 2 comparable metrics.
Risk & Volatility
MPTI is the less volatile stock with a 1.44 beta — it tends to amplify market swings less than VECO's 1.97 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. VECO currently trades 95.5% from its 52-week high vs MPTI's 92.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.44x | 1.97x |
| 52-Week HighHighest price in past year | $79.58 | $64.97 |
| 52-Week LowLowest price in past year | $36.38 | $18.31 |
| % of 52W HighCurrent price vs 52-week peak | +92.0% | +95.5% |
| RSI (14)Momentum oscillator 0–100 | 58.4 | 67.5 |
| Avg Volume (50D)Average daily shares traded | 83K | 1.3M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates MPTI as "Buy" and VECO as "Buy".
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | — | $34.75 |
| # AnalystsCovering analysts | 1 | 36 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
MPTI leads in 4 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics. 1 category is tied.
MPTI vs VECO: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is MPTI or VECO a better buy right now?
For growth investors, M-tron Industries, Inc.
(MPTI) is the stronger pick with 11. 0% revenue growth year-over-year, versus -7. 4% for Veeco Instruments Inc. (VECO). M-tron Industries, Inc. (MPTI) offers the better valuation at 27. 9x trailing P/E (29. 7x forward), making it the more compelling value choice. Analysts rate M-tron Industries, Inc. (MPTI) a "Buy" — based on 1 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — MPTI or VECO?
On trailing P/E, M-tron Industries, Inc.
(MPTI) is the cheapest at 27. 9x versus Veeco Instruments Inc. at 105. 1x. On forward P/E, M-tron Industries, Inc. is actually cheaper at 29. 7x.
03Which is the better long-term investment — MPTI or VECO?
Over the past 5 years, M-tron Industries, Inc.
(MPTI) delivered a total return of +458. 9%, compared to +177. 9% for Veeco Instruments Inc. (VECO). Over 10 years, the gap is even starker: MPTI returned +458. 9% versus VECO's +263. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — MPTI or VECO?
By beta (market sensitivity over 5 years), M-tron Industries, Inc.
(MPTI) is the lower-risk stock at 1. 44β versus Veeco Instruments Inc. 's 1. 97β — meaning VECO is approximately 37% more volatile than MPTI relative to the S&P 500. On balance sheet safety, M-tron Industries, Inc. (MPTI) carries a lower debt/equity ratio of 0% versus 29% for Veeco Instruments Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — MPTI or VECO?
By revenue growth (latest reported year), M-tron Industries, Inc.
(MPTI) is pulling ahead at 11. 0% versus -7. 4% for Veeco Instruments Inc. (VECO). On earnings-per-share growth, the picture is similar: M-tron Industries, Inc. grew EPS -1. 1% year-over-year, compared to -52. 0% for Veeco Instruments Inc.. Over a 3-year CAGR, MPTI leads at 19. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — MPTI or VECO?
M-tron Industries, Inc.
(MPTI) is the more profitable company, earning 15. 5% net margin versus 5. 3% for Veeco Instruments Inc. — meaning it keeps 15. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MPTI leads at 18. 9% versus 5. 4% for VECO. At the gross margin level — before operating expenses — MPTI leads at 44. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is MPTI or VECO more undervalued right now?
On forward earnings alone, M-tron Industries, Inc.
(MPTI) trades at 29. 7x forward P/E versus 37. 1x for Veeco Instruments Inc. — 7. 4x cheaper on a one-year earnings basis.
08Which pays a better dividend — MPTI or VECO?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is MPTI or VECO better for a retirement portfolio?
For long-horizon retirement investors, M-tron Industries, Inc.
(MPTI) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+458. 9% 10Y return). Veeco Instruments Inc. (VECO) carries a higher beta of 1. 97 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (MPTI: +458. 9%, VECO: +263. 5%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between MPTI and VECO?
Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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