Aehr Test Systems (AEHR) vs Veeco Instruments Inc. (VECO)

A side-by-side comparison of Aehr Test Systems and Veeco Instruments Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — AEHR vs VECO

growth of $100 · dividends reinvested · last 10y
AEHR +3451.0% (+42.9%/yr)VECO +190.7% (+11.3%/yr)AEHR compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$3,551$291
AEHR VECO

AEHR vs VECO: by the numbers

  • •VECO is the larger company ($3.39B vs $3.20B market cap).
  • •VECO is profitable (3.40% net margin) while AEHR runs a net loss (-14.00%).
  • •AEHR grew revenue faster over the past five years (30.24% vs 5.15% CAGR).

Metrics side by side

Valuation

MetricAEHRVECO
P/E ratioN/A153.10
Forward P/E129.58N/A
P/S ratio62.934.96
P/B ratio14.603.75
EV / EBITDAN/A72.72
FCF yieldN/A2.51%

Profitability

MetricAEHRVECO
Gross margin34.67%37.81%
Operating margin-27.80%3.26%
Net margin-14.00%3.40%
ROE-3.25%2.57%
ROIC-6.17%1.89%

Growth (annualized)

MetricAEHRVECO
Revenue CAGR (5Y)30.24%5.15%
FCF CAGR (5Y)N/A21.42%
Total return CAGR (5Y)50.07%20.05%

Frequently asked

Which has grown faster, AEHR or VECO?
Over the past five years, AEHR grew revenue faster — AEHR at a 30.24% CAGR versus VECO at 5.15%.
Is AEHR or VECO more profitable?
VECO runs the higher net margin — AEHR at -14.00% versus VECO at 3.40%.
How have AEHR and VECO total returns compared?
Over the past 10 years, AEHR delivered 42.91% and VECO delivered 10.41% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.