CVD Equipment Corporation (CVV) 10-Year Financial Performance & Capital Metrics

CVV • • Industrial / General

IndustrialsIndustrial MachineryLaser & Advanced ManufacturingSpecialized Process Equipment

AboutCVD Equipment Corporation, together with its subsidiaries, designs, develops, manufactures, and sells process equipment and solutions that are used to develop and manufacture materials and coatings for research and industrial applications in the United States. It operates through three segments: CVD, SDC, and CVD Materials. The company offers chemical vapor deposition systems for use in the research, development, and manufacture of aerospace, medical components, semiconductors, LEDs, carbon nanotubes, nanowires, solar cells, and other industrial applications; and rapid thermal processing systems for use in implant activation, oxidation, silicide formation, and other processes. It also provides annealing, diffusion, and low pressure chemical vapor deposition furnaces for use in diffusion, oxidation, implant anneal, solder reflow, solar cell manufacturing, and other processes; and gas and liquid control systems, such as gas cylinder storage cabinets, custom gas and chemical delivery systems, gas and liquid valve manifold boxes, and gas isolation boxes for semiconductor fabrication processes, solar cells, LEDs, carbon nanotubes, nanowires, and industrial applications. In addition, the company offers standard and custom fabricated quartz-ware used in its equipment and other customer tools, as well as repair and replacement services for existing quartz-ware. Further, it provides MesoPlasma direct write printing, a materials deposition process that provides instrumentation, fine feature patterns, and coatings onto conformal components; and Tantaline corrosion resistant coating for valves, fittings, fasteners, vessels, bellows, and custom designed items, as well as offers carbon composites and electronic materials. The company sells its products primarily to aerospace/defense, medical, electronic component manufacturers, universities, and government and industrial laboratories. The company was incorporated in 1982 and is headquartered in Central Islip, New York.Show more

Revenue $27M +11.5%
EBITDA -$2M +57.6%
Net Income -$2M +54.6%
EPS (Diluted) -0.28 +54.8%
Gross Margin 23.56% +12.0%
EBITDA Margin -6.44% +62.0%
Operating Margin -8.99% +55.6%
Net Margin -7.06% +59.3%
ROE -7.36% +51.0%
ROIC -14.18% +45.8%
Debt/Equity 0.01 -20.7%
Interest Coverage -127.16 +40.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Momentum leader: RS Rating 88 (top 12%)
✓Trading at only 1.1x book value

✗Weaknesses

✗Negative free cash flow

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-0.41%

5Y6.47%

3Y17.79%

TTM19.84%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM95.7%

EPS CAGR

10Y-

5Y-

3Y-

TTM96.54%

ROCE

10Y Avg-6.11%

5Y Avg-13.36%

3Y Avg-10.95%

Latest-9.29%

Peer Comparison

Specialized Process Equipment

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
SHMDSCHMID Group N.V. Class A Ordinary Shares	332.44M	7.72	7.02	-5.06%	-60.34%	35.01%	0.9%
CVVCVD Equipment Corporation	28.44M	4.10	-14.64	11.48%	-0.65%	-0.72%		0.01
SHMDWSCHMID Group N.V. Warrants		2.20		-5.06%	40.85%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	38.97M	20.96M	41.13M	24.33M	19.65M	16.92M	16.45M	25.81M	24.11M	26.88M
Revenue Growth %	0.39%	-0.46%	0.96%	-0.41%	-0.19%	-0.14%	-0.03%	0.57%	-0.07%	0.11%
Cost of Goods Sold+	23.82M	13.85M	23.53M	19.16M	16.85M	14.04M	13.37M	19.19M	19.04M	20.55M
COGS % of Revenue	0.61%	0.66%	0.57%	0.79%	0.86%	0.83%	0.81%	0.74%	0.79%	0.76%
Gross Profit+	15.15M	7.1M	17.6M	5.18M	2.8M	2.88M	3.08M	6.63M	5.07M	6.33M
Gross Margin %	0.39%	0.34%	0.43%	0.21%	0.14%	0.17%	0.19%	0.26%	0.21%	0.24%
Gross Profit Growth %	0.31%	-0.53%	1.48%	-0.71%	-0.46%	0.03%	0.07%	1.15%	-0.23%	0.25%
Operating Expenses+	9.56M	8.46M	10.38M	10.43M	7.78M	10.71M	7.74M	8.45M	9.95M	8.75M
OpEx % of Revenue	0.25%	0.4%	0.25%	0.43%	0.4%	0.63%	0.47%	0.33%	0.41%	0.33%
Selling, General & Admin	8.95M	8.02M	9.94M	9.83M	7.18M	6.73M	5.96M	6.54M	7.08M	6.84M
SG&A % of Revenue	0.23%	0.38%	0.24%	0.4%	0.37%	0.4%	0.36%	0.25%	0.29%	0.25%
Research & Development	605.26K	433.84K	437.16K	606.62K	597.46K	372.65K	1.78M	1.91M	2.6M	2.63M
R&D % of Revenue	0.02%	0.02%	0.01%	0.02%	0.03%	0.02%	0.11%	0.07%	0.11%	0.1%
Other Operating Expenses	759	0	2.24K	0	0	3.6M	0	0	273K	-717K
Operating Income+	4.59M	-724.56K	7.22M	-5.25M	-4.98M	-7.82M	-4.66M	-1.82M	-4.88M	-2.42M
Operating Margin %	0.12%	-0.03%	0.18%	-0.22%	-0.25%	-0.46%	-0.28%	-0.07%	-0.2%	-0.09%
Operating Income Growth %	2.22%	-1.16%	10.96%	-1.73%	0.05%	-0.57%	0.4%	0.61%	-1.68%	0.51%
EBITDA+	5.42M	107.09K	8.09M	-4.11M	-3.94M	-6.43M	-3.92M	-956K	-4.09M	-1.73M
EBITDA Margin %	0.14%	0.01%	0.2%	-0.17%	-0.2%	-0.38%	-0.24%	-0.04%	-0.17%	-0.06%
EBITDA Growth %	2.83%	-0.98%	74.51%	-1.51%	0.04%	-0.63%	0.39%	0.76%	-3.28%	0.58%
D&A (Non-Cash Add-back)	826.53K	831.66K	867.28K	1.14M	1.04M	1.39M	742K	867K	792K	684K
EBIT	4.62M	-573.32K	7.22M	-5.09M	-4.43M	-7.16M	5.04M	-212K	-4.17M	-1.85M
Net Interest Income+	-67.56K	-51.63K	-25.76K	-303.06K	-340.26K	-381.67K	-255K	154K	554K	540K
Interest Income	24.54K	28.23K	80.52K	159.95K	142.58K	62.67K	6K	162K	577K	559K
Interest Expense	92.1K	79.86K	106.28K	463.02K	482.84K	444.34K	261K	8K	23K	19K
Other Income/Expense	-66.8K	71.38K	-23.52K	-303.06K	70.97K	221.65K	9.44M	1.6M	687K	542K
Pretax Income+	4.53M	-653.19K	7.2M	-5.25M	-4.91M	-7.6M	4.78M	-220K	-4.19M	-1.87M
Pretax Margin %	0.12%	-0.03%	0.17%	-0.22%	-0.25%	-0.45%	0.29%	-0.01%	-0.17%	-0.07%
Income Tax+	1.32M	-504.06K	1.93M	-356.56K	1.41M	-1.53M	28K	4K	-14K	24K
Effective Tax Rate %	0.71%	0.23%	0.73%	0.99%	1.29%	0.8%	0.99%	1.02%	1%	1.01%
Net Income+	3.2M	-149.12K	5.26M	-5.2M	-6.33M	-6.07M	4.75M	-224K	-4.18M	-1.9M
Net Margin %	0.08%	-0.01%	0.13%	-0.21%	-0.32%	-0.36%	0.29%	-0.01%	-0.17%	-0.07%
Net Income Growth %	2.3%	-1.05%	36.28%	-1.99%	-0.22%	0.04%	1.78%	-1.05%	-17.66%	0.55%
Net Income (Continuing)	3.2M	-149.12K	5.26M	-5.2M	-6.33M	-6.07M	4.75M	-224K	-4.18M	-1.9M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.51	-0.02	0.82	-0.80	-0.96	-0.91	0.71	-0.03	-0.62	-0.28
EPS Growth %	2.27%	-1.05%	35.6%	-1.98%	-0.2%	0.05%	1.78%	-1.05%	-17.62%	0.55%
EPS (Basic)	0.52	-0.02	0.83	-0.80	-0.96	-0.91	0.71	-0.03	-0.62	-0.28
Diluted Shares Outstanding	6.28M	6.29M	6.39M	6.5M	6.56M	6.68M	6.7M	6.73M	6.79M	6.83M
Basic Shares Outstanding	6.18M	6.29M	6.38M	6.5M	6.56M	6.68M	6.69M	6.73M	6.79M	6.83M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	24.55M	28.83M	27.8M	19.45M	14.17M	11.79M	23.07M	23.66M	22.84M	19.99M
Cash & Short-Term Investments	13.07M	21.68M	14.21M	11.44M	8.66M	7.7M	16.65M	14.37M	14.03M	12.6M
Cash Only	13.07M	21.68M	14.21M	11.44M	8.66M	7.7M	16.65M	14.37M	14.03M	12.6M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	7.73M	3.2M	10.46M	5.42M	3.06M	1.54M	4.7M	5.96M	3.51M	4.38M
Days Sales Outstanding	72.37	55.81	92.79	81.34	56.82	33.26	104.3	84.25	53.14	59.42
Inventory	2.99M	3.29M	2.97M	1.86M	1.71M	1.12M	1.23M	2.54M	4.45M	2.12M
Days Inventory Outstanding	45.76	86.61	46.01	35.48	37.04	29.22	33.44	48.28	85.39	37.57
Other Current Assets	765.07K	235.54K	167.43K	723.2K	733.34K	1.42M	494K	797K	852K	898K
Total Non-Current Assets+	16.58M	16.77M	31.18M	33.07M	32.56M	29.15M	12.46M	14.25M	12.18M	11.7M
Property, Plant & Equipment	14.83M	14.44M	28.84M	30.4M	32.1M	28.84M	12.26M	12.6M	12.17M	11.7M
Fixed Asset Turnover	2.63x	1.45x	1.43x	0.80x	0.61x	0.59x	1.34x	2.05x	1.98x	2.30x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	60.34K	253.62K	662.16K	495.55K	441.18K	288.66K	183K	119K	9K	0
Long-Term Investments	0	0	0	-2.6M	-2.94M	0	0	1.53M	0	0
Other Non-Current Assets	86.22K	68.45K	67.85K	2.67M	13.75K	13.75K	10K	-3.02M	9K	1K
Total Assets+	41.13M	45.6M	58.98M	52.52M	46.72M	40.94M	35.52M	37.91M	35.02M	31.69M
Asset Turnover	0.95x	0.46x	0.70x	0.46x	0.42x	0.41x	0.46x	0.68x	0.69x	0.85x
Asset Growth %	-0.1%	0.11%	0.29%	-0.11%	-0.11%	-0.12%	-0.13%	0.07%	-0.08%	-0.1%
Total Current Liabilities+	4.64M	8.33M	5.42M	4.07M	5.39M	3.7M	6.34M	8.16M	8.55M	6.14M
Accounts Payable	308K	743.13K	1.17M	713.19K	535.39K	817.93K	1.16M	1.45M	1.2M	679K
Days Payables Outstanding	4.72	19.58	18.23	13.59	11.6	21.27	31.7	27.66	23.06	12.06
Short-Term Debt	580K	300K	747.32K	857.59K	674.59K	690.67K	1.77M	77K	81K	87K
Deferred Revenue (Current)	307.68K	1000K	758.27K	996.42K	1000K	0	1000K	1000K	1000K	1000K
Other Current Liabilities	0	0	0	484	0	786.66K	0	0	1.27M	540K
Current Ratio	5.29x	3.46x	5.13x	4.78x	2.63x	3.18x	3.64x	2.90x	2.67x	3.26x
Quick Ratio	4.65x	3.07x	4.58x	4.32x	2.31x	2.88x	3.45x	2.59x	2.15x	2.91x
Cash Conversion Cycle	113.42	122.83	120.57	103.23	82.26	41.22	106.05	104.87	115.47	84.93
Total Non-Current Liabilities+	3.27M	2.97M	12.91M	12.05M	11.38M	13.11M	0	349K	268K	181K
Long-Term Debt	3.27M	2.97M	12.71M	12.05M	11.38M	13.11M	0	349K	268K	181K
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	0	439.31K	2.94M	0	0	0	0	0
Other Non-Current Liabilities	0	0	200K	280	0	0	0	0	0	0
Total Liabilities	7.91M	11.29M	18.32M	16.12M	16.77M	16.81M	6.34M	8.51M	8.82M	6.32M
Total Debt+	3.85M	3.27M	13.35M	12.91M	12.05M	13.8M	1.77M	426K	349K	268K
Net Debt	-9.23M	-18.41M	-857.9K	1.47M	3.39M	6.1M	-14.88M	-13.94M	-13.68M	-12.33M
Debt / Equity	0.12x	0.10x	0.33x	0.35x	0.40x	0.57x	0.06x	0.01x	0.01x	0.01x
Debt / EBITDA	0.71x	30.49x	1.65x	-	-	-	-	-	-	-
Net Debt / EBITDA	-1.70x	-171.92x	-0.11x	-	-	-	-	-	-	-
Interest Coverage	49.86x	-9.07x	67.92x	-11.35x	-10.32x	-17.61x	-17.87x	-227.88x	-212.22x	-127.16x
Total Equity+	33.22M	34.31M	40.65M	36.39M	29.96M	24.13M	29.19M	29.4M	26.2M	25.37M
Equity Growth %	0.14%	0.03%	0.18%	-0.1%	-0.18%	-0.19%	0.21%	0.01%	-0.11%	-0.03%
Book Value per Share	5.29	5.46	6.36	5.60	4.57	3.61	4.35	4.37	3.86	3.71
Total Shareholders' Equity	33.22M	34.31M	40.65M	36.39M	29.96M	24.13M	29.19M	29.4M	26.2M	25.37M
Common Stock	61.98K	63.47K	64.59K	65.36K	66.24K	66.79K	67K	67K	68K	69K
Retained Earnings	10.27M	10.12M	15.38M	10.18M	3.17M	-2.9M	1.84M	1.62M	-2.56M	-4.46M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-5.52M	-5.86M	-6.68M	-6.97M	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	1.87M	8.85M	-2.38M	506.54K	570.71K	-1.13M	-4.27M	194K	-206K	-1.49M
Operating CF Margin %	0.05%	0.42%	-0.06%	0.02%	0.03%	-0.07%	-0.26%	0.01%	-0.01%	-0.06%
Operating CF Growth %	0.21%	3.72%	-1.27%	1.21%	0.13%	-2.98%	-2.77%	1.05%	-2.06%	-6.23%
Net Income	3.2M	-149.12K	5.26M	-5.2M	-6.33M	-6.07M	4.75M	-224K	-4.18M	-1.9M
Depreciation & Amortization	826.53K	813.66K	867.28K	1.14M	1.04M	1.39M	742K	867K	792K	684K
Stock-Based Compensation	750.76K	775.76K	932.74K	939.71K	572.18K	242.68K	315K	435K	908K	1.06M
Deferred Taxes	1.63M	-435.5K	831.15K	-495.23K	1.43M	0	0	0	-631K	0
Other Non-Cash Items	-30.83K	-16.39K	-78.77K	159.82K	-200K	3.74M	-9.34M	0	904K	869K
Working Capital Changes	-4.51M	7.86M	-10.19M	3.96M	4.06M	-428.99K	-740K	-884K	2M	-2.21M
Change in Receivables	3.4M	2.5M	-1.45M	-2.03M	1.52M	1.36M	-2.44M	-2.79M	3.94M	-256K
Change in Inventory	1.86M	-290.11K	345.92K	967.93K	152.16K	585.87K	-101K	-1.31M	-1.92M	646K
Change in Payables	-1.37M	435.13K	431.84K	-461.77K	-177.8K	282.54K	343K	293K	-154K	-524K
Cash from Investing+	-47.34K	-410.94K	-15.32M	-2.53M	-2.69M	-1.58M	22.84M	-708K	-133K	144K
Capital Expenditures	-248.31K	-112.49K	-14.89M	-2.54M	-2.69M	-1.58M	-236K	-665K	-418K	-106K
CapEx % of Revenue	0.01%	0.01%	0.36%	0.1%	0.14%	0.09%	0.01%	0.03%	0.02%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	200.96K	201.55K	-10.5K	3.26K	0	0	23.08M	-43K	285K	250K
Cash from Financing+	-720K	162K	10.23M	-743.7K	-657.59K	1.75M	-9.62M	-1.77M	-1K	-82K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	462K	146.22K	0	0	0	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	1.63M	8.74M	-17.27M	-2.03M	-2.12M	-2.71M	-4.51M	-524K	-624K	-1.59M
FCF Margin %	0.04%	0.42%	-0.42%	-0.08%	-0.11%	-0.16%	-0.27%	-0.02%	-0.03%	-0.06%
FCF Growth %	0.75%	4.38%	-2.98%	0.88%	-0.04%	-0.28%	-0.66%	0.88%	-0.19%	-1.56%
FCF per Share	0.26	1.39	-2.70	-0.31	-0.32	-0.41	-0.67	-0.08	-0.09	-0.23
FCF Conversion (FCF/Net Income)	0.58x	-59.37x	-0.45x	-0.10x	-0.09x	0.19x	-0.90x	-0.87x	0.05x	0.78x
Interest Paid	92.1K	79.86K	71.26K	463.85K	365.25K	445.11K	261K	8K	24K	19K
Taxes Paid	427.08K	101.35K	601.8K	472.54K	2.8K	3.04K	28K	1K	8K	3K

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	10.26%	-0.44%	14.04%	-13.5%	-19.07%	-22.47%	17.81%	-0.76%	-15.04%	-7.36%
Return on Invested Capital (ROIC)	15.02%	-2.72%	19.44%	-10.15%	-10.5%	-18.46%	-15.71%	-9.19%	-26.16%	-14.18%
Gross Margin	38.87%	33.9%	42.79%	21.28%	14.23%	17.04%	18.71%	25.67%	21.03%	23.56%
Net Margin	8.23%	-0.71%	12.79%	-21.37%	-32.21%	-35.9%	28.86%	-0.87%	-17.34%	-7.06%
Debt / Equity	0.12x	0.10x	0.33x	0.35x	0.40x	0.57x	0.06x	0.01x	0.01x	0.01x
Interest Coverage	49.86x	-9.07x	67.92x	-11.35x	-10.32x	-17.61x	-17.87x	-227.88x	-212.22x	-127.16x
FCF Conversion	0.58x	-59.37x	-0.45x	-0.10x	-0.09x	0.19x	-0.90x	-0.87x	0.05x	0.78x
Revenue Growth	39.21%	-46.22%	96.27%	-40.83%	-19.26%	-13.88%	-2.8%	56.95%	-6.6%	11.48%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
CVD	35.47M	18.57M	35.7M	-	-	-	-	-	-	18.29M
CVD Growth	-	-47.66%	92.25%	-	-	-	-	-	-	-
SDC	5.67M	2.93M	7.43M	-	-	-	-	-	-	8.44M
SDC Growth	-	-48.28%	153.06%	-	-	-	-	-	-	-
Cargo and Freight	-	-	-	-	-	6K	30K	87K	55K	-
Cargo and Freight Growth	-	-	-	-	-	-	400.00%	190.00%	-36.78%	-
Aerospace	-	-	-	8.12M	4.94M	-	-	-	-	-
Aerospace Growth	-	-	-	-	-39.16%	-	-	-	-	-
Industrial	-	-	-	7.04M	4.93M	-	-	-	-	-
Industrial Growth	-	-	-	-	-29.96%	-	-	-	-	-
Research	-	-	-	4.11M	3.11M	-	-	-	-	-
Research Growth	-	-	-	-	-24.31%	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Americas	-	-	-	-	-	-	-	-	-	25.72M
Americas Growth	-	-	-	-	-	-	-	-	-	-
Asia Pacific	-	-	-	-	-	-	-	-	-	570K
Asia Pacific Growth	-	-	-	-	-	-	-	-	-	-
EMEA	-	-	-	-	-	-	-	-	-	521K
EMEA Growth	-	-	-	-	-	-	-	-	-	-
North America	-	-	-	-	-	-	-	-	-	65K
North America Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

CVD Equipment Corporation (CVV) reported $28.2M in revenue for fiscal year 2024. This represents a 9% decrease from $31.0M in 2011.

CVD Equipment Corporation (CVV) grew revenue by 11.5% over the past year. This is steady growth.

CVD Equipment Corporation (CVV) reported a net loss of $0.2M for fiscal year 2024.

Dividend & Returns

CVD Equipment Corporation (CVV) has a return on equity (ROE) of -7.4%. Negative ROE indicates the company is unprofitable.

CVD Equipment Corporation (CVV) had negative free cash flow of $1.8M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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CVD Equipment Corporation (CVV) 10-Year Financial Performance & Capital Metrics

CVV • • Industrial / General

IndustrialsIndustrial MachineryLaser & Advanced ManufacturingSpecialized Process Equipment

Revenue $27M +11.5%
EBITDA -$2M +57.6%
Net Income -$2M +54.6%
EPS (Diluted) -0.28 +54.8%
Gross Margin 23.56% +12.0%
EBITDA Margin -6.44% +62.0%
Operating Margin -8.99% +55.6%
Net Margin -7.06% +59.3%
ROE -7.36% +51.0%
ROIC -14.18% +45.8%
Debt/Equity 0.01 -20.7%
Interest Coverage -127.16 +40.1%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Momentum leader: RS Rating 88 (top 12%)
✓Trading at only 1.1x book value

✗Weaknesses

✗Negative free cash flow

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-0.41%

5Y6.47%

3Y17.79%

TTM19.84%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM95.7%

EPS CAGR

10Y-

5Y-

3Y-

TTM96.54%

ROCE

10Y Avg-6.11%

5Y Avg-13.36%

3Y Avg-10.95%

Latest-9.29%

Peer Comparison

Specialized Process Equipment

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
SHMDSCHMID Group N.V. Class A Ordinary Shares	332.44M	7.72	7.02	-5.06%	-60.34%	35.01%	0.9%
CVVCVD Equipment Corporation	28.44M	4.10	-14.64	11.48%	-0.65%	-0.72%		0.01
SHMDWSCHMID Group N.V. Warrants		2.20		-5.06%	40.85%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	38.97M	20.96M	41.13M	24.33M	19.65M	16.92M	16.45M	25.81M	24.11M	26.88M
Revenue Growth %	0.39%	-0.46%	0.96%	-0.41%	-0.19%	-0.14%	-0.03%	0.57%	-0.07%	0.11%
Cost of Goods Sold+	23.82M	13.85M	23.53M	19.16M	16.85M	14.04M	13.37M	19.19M	19.04M	20.55M
COGS % of Revenue	0.61%	0.66%	0.57%	0.79%	0.86%	0.83%	0.81%	0.74%	0.79%	0.76%
Gross Profit+	15.15M	7.1M	17.6M	5.18M	2.8M	2.88M	3.08M	6.63M	5.07M	6.33M
Gross Margin %	0.39%	0.34%	0.43%	0.21%	0.14%	0.17%	0.19%	0.26%	0.21%	0.24%
Gross Profit Growth %	0.31%	-0.53%	1.48%	-0.71%	-0.46%	0.03%	0.07%	1.15%	-0.23%	0.25%
Operating Expenses+	9.56M	8.46M	10.38M	10.43M	7.78M	10.71M	7.74M	8.45M	9.95M	8.75M
OpEx % of Revenue	0.25%	0.4%	0.25%	0.43%	0.4%	0.63%	0.47%	0.33%	0.41%	0.33%
Selling, General & Admin	8.95M	8.02M	9.94M	9.83M	7.18M	6.73M	5.96M	6.54M	7.08M	6.84M
SG&A % of Revenue	0.23%	0.38%	0.24%	0.4%	0.37%	0.4%	0.36%	0.25%	0.29%	0.25%
Research & Development	605.26K	433.84K	437.16K	606.62K	597.46K	372.65K	1.78M	1.91M	2.6M	2.63M
R&D % of Revenue	0.02%	0.02%	0.01%	0.02%	0.03%	0.02%	0.11%	0.07%	0.11%	0.1%
Other Operating Expenses	759	0	2.24K	0	0	3.6M	0	0	273K	-717K
Operating Income+	4.59M	-724.56K	7.22M	-5.25M	-4.98M	-7.82M	-4.66M	-1.82M	-4.88M	-2.42M
Operating Margin %	0.12%	-0.03%	0.18%	-0.22%	-0.25%	-0.46%	-0.28%	-0.07%	-0.2%	-0.09%
Operating Income Growth %	2.22%	-1.16%	10.96%	-1.73%	0.05%	-0.57%	0.4%	0.61%	-1.68%	0.51%
EBITDA+	5.42M	107.09K	8.09M	-4.11M	-3.94M	-6.43M	-3.92M	-956K	-4.09M	-1.73M
EBITDA Margin %	0.14%	0.01%	0.2%	-0.17%	-0.2%	-0.38%	-0.24%	-0.04%	-0.17%	-0.06%
EBITDA Growth %	2.83%	-0.98%	74.51%	-1.51%	0.04%	-0.63%	0.39%	0.76%	-3.28%	0.58%
D&A (Non-Cash Add-back)	826.53K	831.66K	867.28K	1.14M	1.04M	1.39M	742K	867K	792K	684K
EBIT	4.62M	-573.32K	7.22M	-5.09M	-4.43M	-7.16M	5.04M	-212K	-4.17M	-1.85M
Net Interest Income+	-67.56K	-51.63K	-25.76K	-303.06K	-340.26K	-381.67K	-255K	154K	554K	540K
Interest Income	24.54K	28.23K	80.52K	159.95K	142.58K	62.67K	6K	162K	577K	559K
Interest Expense	92.1K	79.86K	106.28K	463.02K	482.84K	444.34K	261K	8K	23K	19K
Other Income/Expense	-66.8K	71.38K	-23.52K	-303.06K	70.97K	221.65K	9.44M	1.6M	687K	542K
Pretax Income+	4.53M	-653.19K	7.2M	-5.25M	-4.91M	-7.6M	4.78M	-220K	-4.19M	-1.87M
Pretax Margin %	0.12%	-0.03%	0.17%	-0.22%	-0.25%	-0.45%	0.29%	-0.01%	-0.17%	-0.07%
Income Tax+	1.32M	-504.06K	1.93M	-356.56K	1.41M	-1.53M	28K	4K	-14K	24K
Effective Tax Rate %	0.71%	0.23%	0.73%	0.99%	1.29%	0.8%	0.99%	1.02%	1%	1.01%
Net Income+	3.2M	-149.12K	5.26M	-5.2M	-6.33M	-6.07M	4.75M	-224K	-4.18M	-1.9M
Net Margin %	0.08%	-0.01%	0.13%	-0.21%	-0.32%	-0.36%	0.29%	-0.01%	-0.17%	-0.07%
Net Income Growth %	2.3%	-1.05%	36.28%	-1.99%	-0.22%	0.04%	1.78%	-1.05%	-17.66%	0.55%
Net Income (Continuing)	3.2M	-149.12K	5.26M	-5.2M	-6.33M	-6.07M	4.75M	-224K	-4.18M	-1.9M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.51	-0.02	0.82	-0.80	-0.96	-0.91	0.71	-0.03	-0.62	-0.28
EPS Growth %	2.27%	-1.05%	35.6%	-1.98%	-0.2%	0.05%	1.78%	-1.05%	-17.62%	0.55%
EPS (Basic)	0.52	-0.02	0.83	-0.80	-0.96	-0.91	0.71	-0.03	-0.62	-0.28
Diluted Shares Outstanding	6.28M	6.29M	6.39M	6.5M	6.56M	6.68M	6.7M	6.73M	6.79M	6.83M
Basic Shares Outstanding	6.18M	6.29M	6.38M	6.5M	6.56M	6.68M	6.69M	6.73M	6.79M	6.83M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	24.55M	28.83M	27.8M	19.45M	14.17M	11.79M	23.07M	23.66M	22.84M	19.99M
Cash & Short-Term Investments	13.07M	21.68M	14.21M	11.44M	8.66M	7.7M	16.65M	14.37M	14.03M	12.6M
Cash Only	13.07M	21.68M	14.21M	11.44M	8.66M	7.7M	16.65M	14.37M	14.03M	12.6M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	7.73M	3.2M	10.46M	5.42M	3.06M	1.54M	4.7M	5.96M	3.51M	4.38M
Days Sales Outstanding	72.37	55.81	92.79	81.34	56.82	33.26	104.3	84.25	53.14	59.42
Inventory	2.99M	3.29M	2.97M	1.86M	1.71M	1.12M	1.23M	2.54M	4.45M	2.12M
Days Inventory Outstanding	45.76	86.61	46.01	35.48	37.04	29.22	33.44	48.28	85.39	37.57
Other Current Assets	765.07K	235.54K	167.43K	723.2K	733.34K	1.42M	494K	797K	852K	898K
Total Non-Current Assets+	16.58M	16.77M	31.18M	33.07M	32.56M	29.15M	12.46M	14.25M	12.18M	11.7M
Property, Plant & Equipment	14.83M	14.44M	28.84M	30.4M	32.1M	28.84M	12.26M	12.6M	12.17M	11.7M
Fixed Asset Turnover	2.63x	1.45x	1.43x	0.80x	0.61x	0.59x	1.34x	2.05x	1.98x	2.30x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	60.34K	253.62K	662.16K	495.55K	441.18K	288.66K	183K	119K	9K	0
Long-Term Investments	0	0	0	-2.6M	-2.94M	0	0	1.53M	0	0
Other Non-Current Assets	86.22K	68.45K	67.85K	2.67M	13.75K	13.75K	10K	-3.02M	9K	1K
Total Assets+	41.13M	45.6M	58.98M	52.52M	46.72M	40.94M	35.52M	37.91M	35.02M	31.69M
Asset Turnover	0.95x	0.46x	0.70x	0.46x	0.42x	0.41x	0.46x	0.68x	0.69x	0.85x
Asset Growth %	-0.1%	0.11%	0.29%	-0.11%	-0.11%	-0.12%	-0.13%	0.07%	-0.08%	-0.1%
Total Current Liabilities+	4.64M	8.33M	5.42M	4.07M	5.39M	3.7M	6.34M	8.16M	8.55M	6.14M
Accounts Payable	308K	743.13K	1.17M	713.19K	535.39K	817.93K	1.16M	1.45M	1.2M	679K
Days Payables Outstanding	4.72	19.58	18.23	13.59	11.6	21.27	31.7	27.66	23.06	12.06
Short-Term Debt	580K	300K	747.32K	857.59K	674.59K	690.67K	1.77M	77K	81K	87K
Deferred Revenue (Current)	307.68K	1000K	758.27K	996.42K	1000K	0	1000K	1000K	1000K	1000K
Other Current Liabilities	0	0	0	484	0	786.66K	0	0	1.27M	540K
Current Ratio	5.29x	3.46x	5.13x	4.78x	2.63x	3.18x	3.64x	2.90x	2.67x	3.26x
Quick Ratio	4.65x	3.07x	4.58x	4.32x	2.31x	2.88x	3.45x	2.59x	2.15x	2.91x
Cash Conversion Cycle	113.42	122.83	120.57	103.23	82.26	41.22	106.05	104.87	115.47	84.93
Total Non-Current Liabilities+	3.27M	2.97M	12.91M	12.05M	11.38M	13.11M	0	349K	268K	181K
Long-Term Debt	3.27M	2.97M	12.71M	12.05M	11.38M	13.11M	0	349K	268K	181K
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	0	439.31K	2.94M	0	0	0	0	0
Other Non-Current Liabilities	0	0	200K	280	0	0	0	0	0	0
Total Liabilities	7.91M	11.29M	18.32M	16.12M	16.77M	16.81M	6.34M	8.51M	8.82M	6.32M
Total Debt+	3.85M	3.27M	13.35M	12.91M	12.05M	13.8M	1.77M	426K	349K	268K
Net Debt	-9.23M	-18.41M	-857.9K	1.47M	3.39M	6.1M	-14.88M	-13.94M	-13.68M	-12.33M
Debt / Equity	0.12x	0.10x	0.33x	0.35x	0.40x	0.57x	0.06x	0.01x	0.01x	0.01x
Debt / EBITDA	0.71x	30.49x	1.65x	-	-	-	-	-	-	-
Net Debt / EBITDA	-1.70x	-171.92x	-0.11x	-	-	-	-	-	-	-
Interest Coverage	49.86x	-9.07x	67.92x	-11.35x	-10.32x	-17.61x	-17.87x	-227.88x	-212.22x	-127.16x
Total Equity+	33.22M	34.31M	40.65M	36.39M	29.96M	24.13M	29.19M	29.4M	26.2M	25.37M
Equity Growth %	0.14%	0.03%	0.18%	-0.1%	-0.18%	-0.19%	0.21%	0.01%	-0.11%	-0.03%
Book Value per Share	5.29	5.46	6.36	5.60	4.57	3.61	4.35	4.37	3.86	3.71
Total Shareholders' Equity	33.22M	34.31M	40.65M	36.39M	29.96M	24.13M	29.19M	29.4M	26.2M	25.37M
Common Stock	61.98K	63.47K	64.59K	65.36K	66.24K	66.79K	67K	67K	68K	69K
Retained Earnings	10.27M	10.12M	15.38M	10.18M	3.17M	-2.9M	1.84M	1.62M	-2.56M	-4.46M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-5.52M	-5.86M	-6.68M	-6.97M	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	1.87M	8.85M	-2.38M	506.54K	570.71K	-1.13M	-4.27M	194K	-206K	-1.49M
Operating CF Margin %	0.05%	0.42%	-0.06%	0.02%	0.03%	-0.07%	-0.26%	0.01%	-0.01%	-0.06%
Operating CF Growth %	0.21%	3.72%	-1.27%	1.21%	0.13%	-2.98%	-2.77%	1.05%	-2.06%	-6.23%
Net Income	3.2M	-149.12K	5.26M	-5.2M	-6.33M	-6.07M	4.75M	-224K	-4.18M	-1.9M
Depreciation & Amortization	826.53K	813.66K	867.28K	1.14M	1.04M	1.39M	742K	867K	792K	684K
Stock-Based Compensation	750.76K	775.76K	932.74K	939.71K	572.18K	242.68K	315K	435K	908K	1.06M
Deferred Taxes	1.63M	-435.5K	831.15K	-495.23K	1.43M	0	0	0	-631K	0
Other Non-Cash Items	-30.83K	-16.39K	-78.77K	159.82K	-200K	3.74M	-9.34M	0	904K	869K
Working Capital Changes	-4.51M	7.86M	-10.19M	3.96M	4.06M	-428.99K	-740K	-884K	2M	-2.21M
Change in Receivables	3.4M	2.5M	-1.45M	-2.03M	1.52M	1.36M	-2.44M	-2.79M	3.94M	-256K
Change in Inventory	1.86M	-290.11K	345.92K	967.93K	152.16K	585.87K	-101K	-1.31M	-1.92M	646K
Change in Payables	-1.37M	435.13K	431.84K	-461.77K	-177.8K	282.54K	343K	293K	-154K	-524K
Cash from Investing+	-47.34K	-410.94K	-15.32M	-2.53M	-2.69M	-1.58M	22.84M	-708K	-133K	144K
Capital Expenditures	-248.31K	-112.49K	-14.89M	-2.54M	-2.69M	-1.58M	-236K	-665K	-418K	-106K
CapEx % of Revenue	0.01%	0.01%	0.36%	0.1%	0.14%	0.09%	0.01%	0.03%	0.02%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	200.96K	201.55K	-10.5K	3.26K	0	0	23.08M	-43K	285K	250K
Cash from Financing+	-720K	162K	10.23M	-743.7K	-657.59K	1.75M	-9.62M	-1.77M	-1K	-82K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	462K	146.22K	0	0	0	0	0	0	0
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	1.63M	8.74M	-17.27M	-2.03M	-2.12M	-2.71M	-4.51M	-524K	-624K	-1.59M
FCF Margin %	0.04%	0.42%	-0.42%	-0.08%	-0.11%	-0.16%	-0.27%	-0.02%	-0.03%	-0.06%
FCF Growth %	0.75%	4.38%	-2.98%	0.88%	-0.04%	-0.28%	-0.66%	0.88%	-0.19%	-1.56%
FCF per Share	0.26	1.39	-2.70	-0.31	-0.32	-0.41	-0.67	-0.08	-0.09	-0.23
FCF Conversion (FCF/Net Income)	0.58x	-59.37x	-0.45x	-0.10x	-0.09x	0.19x	-0.90x	-0.87x	0.05x	0.78x
Interest Paid	92.1K	79.86K	71.26K	463.85K	365.25K	445.11K	261K	8K	24K	19K
Taxes Paid	427.08K	101.35K	601.8K	472.54K	2.8K	3.04K	28K	1K	8K	3K

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	10.26%	-0.44%	14.04%	-13.5%	-19.07%	-22.47%	17.81%	-0.76%	-15.04%	-7.36%
Return on Invested Capital (ROIC)	15.02%	-2.72%	19.44%	-10.15%	-10.5%	-18.46%	-15.71%	-9.19%	-26.16%	-14.18%
Gross Margin	38.87%	33.9%	42.79%	21.28%	14.23%	17.04%	18.71%	25.67%	21.03%	23.56%
Net Margin	8.23%	-0.71%	12.79%	-21.37%	-32.21%	-35.9%	28.86%	-0.87%	-17.34%	-7.06%
Debt / Equity	0.12x	0.10x	0.33x	0.35x	0.40x	0.57x	0.06x	0.01x	0.01x	0.01x
Interest Coverage	49.86x	-9.07x	67.92x	-11.35x	-10.32x	-17.61x	-17.87x	-227.88x	-212.22x	-127.16x
FCF Conversion	0.58x	-59.37x	-0.45x	-0.10x	-0.09x	0.19x	-0.90x	-0.87x	0.05x	0.78x
Revenue Growth	39.21%	-46.22%	96.27%	-40.83%	-19.26%	-13.88%	-2.8%	56.95%	-6.6%	11.48%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
CVD	35.47M	18.57M	35.7M	-	-	-	-	-	-	18.29M
CVD Growth	-	-47.66%	92.25%	-	-	-	-	-	-	-
SDC	5.67M	2.93M	7.43M	-	-	-	-	-	-	8.44M
SDC Growth	-	-48.28%	153.06%	-	-	-	-	-	-	-
Cargo and Freight	-	-	-	-	-	6K	30K	87K	55K	-
Cargo and Freight Growth	-	-	-	-	-	-	400.00%	190.00%	-36.78%	-
Aerospace	-	-	-	8.12M	4.94M	-	-	-	-	-
Aerospace Growth	-	-	-	-	-39.16%	-	-	-	-	-
Industrial	-	-	-	7.04M	4.93M	-	-	-	-	-
Industrial Growth	-	-	-	-	-29.96%	-	-	-	-	-
Research	-	-	-	4.11M	3.11M	-	-	-	-	-
Research Growth	-	-	-	-	-24.31%	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Americas	-	-	-	-	-	-	-	-	-	25.72M
Americas Growth	-	-	-	-	-	-	-	-	-	-
Asia Pacific	-	-	-	-	-	-	-	-	-	570K
Asia Pacific Growth	-	-	-	-	-	-	-	-	-	-
EMEA	-	-	-	-	-	-	-	-	-	521K
EMEA Growth	-	-	-	-	-	-	-	-	-	-
North America	-	-	-	-	-	-	-	-	-	65K
North America Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

CVD Equipment Corporation (CVV) reported $28.2M in revenue for fiscal year 2024. This represents a 9% decrease from $31.0M in 2011.

CVD Equipment Corporation (CVV) grew revenue by 11.5% over the past year. This is steady growth.

CVD Equipment Corporation (CVV) reported a net loss of $0.2M for fiscal year 2024.

Dividend & Returns

CVD Equipment Corporation (CVV) has a return on equity (ROE) of -7.4%. Negative ROE indicates the company is unprofitable.

CVD Equipment Corporation (CVV) had negative free cash flow of $1.8M in fiscal year 2024, likely due to heavy capital investments.