Amtech Systems vs CVD Equipment
Amtech Systems is the larger business, with $79.4m of revenue in fiscal 2025 against $25.8m for CVD Equipment (3.1 times as much). CVD Equipment grew faster (-4.1% against -21.6%). CVD Equipment kept more of each dollar of sales as profit: a net margin of -6.1% against -38.2%. Amtech Systems carries less debt relative to equity (0.6% against 1.2%).
| Latest fiscal year | Amtech SystemsASYS, 2025 | CVD EquipmentCVV, 2025 |
|---|---|---|
| Revenue | $79.4m | $25.8m |
| Revenue growth | -21.6% | -4.1% |
| Net income | −$30.3m | −$1.6m |
| Operating margin | -35.9% | -7.4% |
| Net margin | -38.2% | -6.1% |
| Return on equity | -44.7% | -6.3% |
| Free cash flow | $6.9m | −$3.7m |
| Cash | $17.9m | $8.7m |
| Total debt | $294,000 | $294,000 |
| Debt to equity | 0.6% | 1.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 264 | 85 |
| Market value | $225m | $26.7m |
| Price vs our value range | Above our value range | — |
| Moat score | 38 (Weak) | 29 (Weak) |
| Insider trades, 12 months | 2 buys, 0 sales | 0 buys, 0 sales |