NasdaqCM:CVV

Stock Analysis Report

Executive Summary

CVD Equipment Corporation develops, manufactures, and sells equipment and process solutions that are used to develop and manufacture materials and coatings for research and industrial applications in the United States and internationally.

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.


Similar Companies

Share Price & News

How has CVD Equipment's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.5%

CVV

6.7%

US Semiconductor

3.4%

US Market


1 Year Return

-47.8%

CVV

18.4%

US Semiconductor

5.4%

US Market

Return vs Industry: CVV underperformed the US Semiconductor industry which returned 18.4% over the past year.

Return vs Market: CVV underperformed the US Market which returned 5.4% over the past year.


Shareholder returns

CVVIndustryMarket
7 Day-2.5%6.7%3.4%
30 Day-11.6%0.6%-1.0%
90 Day-15.1%6.6%-0.4%
1 Year-47.8%-47.8%20.8%18.4%7.7%5.4%
3 Year-63.3%-63.3%82.3%71.5%46.2%36.8%
5 Year-72.5%-72.5%140.3%115.5%65.6%47.5%

Price Volatility Vs. Market

How volatile is CVD Equipment's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is CVD Equipment undervalued compared to its fair value and its price relative to the market?

0.62x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate CVV's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate CVV's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CVV is unprofitable, so we can't compare its PE Ratio to the Semiconductor industry average.

PE vs Market: CVV is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate CVV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CVV is good value based on its PB Ratio (0.6x) compared to the US Semiconductor industry average (2.8x).


Next Steps

Future Growth

How is CVD Equipment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

56.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CVV is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: CVV is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: CVV is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if CVV's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if CVV's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if CVV's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has CVD Equipment performed over the past 5 years?

-19.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CVV is unprofitable, and losses have increased over the past 5 years at a rate of -19.7% per year.

Accelerating Growth: Unable to compare CVV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CVV is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (-6.2%).


Return on Equity

High ROE: CVV has a negative Return on Equity (-24.09%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: CVV is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: CVV is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is CVD Equipment's financial position?


Financial Position Analysis

Short Term Liabilities: CVV's short term assets ($14.7M) exceeds its short term liabilities ($4.4M)

Long Term Liabilities: CVV's short term assets (14.7M) exceeds its long term liabilities (11.7M)


Debt to Equity History and Analysis

Debt Level: CVV's debt to equity ratio (37.9%) is considered satisfactory

Reducing Debt: CVV's debt to equity ratio has increased from 15.7% to 37.9% over the past 5 years.


Balance Sheet

Inventory Level: CVV has a high level of physical assets or inventory.

Debt Coverage by Assets: CVV's debt is covered by short term assets (assets are 1.167840x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if CVV has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if CVV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is CVD Equipment's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate CVV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CVV's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if CVV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CVV's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CVV's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of CVD Equipment's salary, the management and board of directors tenure and is there insider trading?

5.0yrs

Average management tenure


CEO

Len Rosenbaum (73yo)

37yrs

Tenure

US$347,843

Compensation

Mr. Leonard A. Rosenbaum, also known as Len, founded CVD Equipment Corporation in October 1982. Mr. Rosenbaum has been the Chief Executive Officer and President of CVD Equipment Corporation since October 1 ...


CEO Compensation Analysis

Compensation vs. Market: Len's total compensation ($USD347.84K) is about average for companies of similar size in the US market ($USD493.02K).

Compensation vs Earnings: Len's compensation has been consistent with company performance over the past year.


Management Age and Tenure

5.0yrs

Average Tenure

60yo

Average Age

Experienced Management: CVV's management team is seasoned and experienced (5 years average tenure).


Board Age and Tenure

11.4yrs

Average Tenure

73yo

Average Age

Experienced Board: CVV's board of directors are seasoned and experienced ( 11.4 years average tenure).


Insider Trading

Insider Buying: CVV insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$8,75028 Aug 19
William Linss
EntityIndividual
Role
Other Key Executive
Vice President of Operations - CVD/First Nano Division
Shares2,500
Max PriceUS$3.50
BuyUS$22,86829 Nov 18
Leonard Rosenbaum
EntityIndividual
Role
Chief Executive Officer
Founder
Shares5,000
Max PriceUS$4.57

Ownership Breakdown


Management Team

  • Len Rosenbaum (73yo)

    Founder

    • Tenure: 37yrs
    • Compensation: US$347.84k
  • Martin Teitelbaum (69yo)

    Assistant Secretary

    • Tenure: 34.8yrs
    • Compensation: US$299.08k
  • Thomas McNeill (56yo)

    CFO, Secretary & Treasurer

    • Tenure: 0.6yrs
  • Steven Aragon (58yo)

    Chief Operating Officer

    • Tenure: 5yrs
    • Compensation: US$239.89k
  • Manny Lakios (58yo)

    Vice President of Sales & Marketing

    • Tenure: 2.7yrs
  • Bill Linss (62yo)

    Vice President of Operations - CVD/First Nano Division

    • Tenure: 6.8yrs
    • Compensation: US$208.38k
  • Max Shatalov

    Vice President of Engineering & Technology

    • Tenure: 1.5yrs

Board Members

  • Bob Brill (73yo)

    Independent Director

    • Tenure: 1.5yrs
    • Compensation: US$38.22k
  • Len Rosenbaum (73yo)

    Founder

    • Tenure: 37yrs
    • Compensation: US$347.84k
  • Martin Teitelbaum (69yo)

    Assistant Secretary

    • Tenure: 34.8yrs
    • Compensation: US$299.08k
  • Randy Nielsen (68yo)

    Independent Director

    • Tenure: 3yrs
    • Compensation: US$50.86k
  • Conrad Gunther (73yo)

    Independent Director

    • Tenure: 19.8yrs
    • Compensation: US$53.86k
  • Larry Waldman (73yo)

    Lead Independent Director

    • Tenure: 1.1yrs
    • Compensation: US$50.86k

Company Information

CVD Equipment Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CVD Equipment Corporation
  • Ticker: CVV
  • Exchange: NasdaqCM
  • Founded: 1982
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: US$20.584m
  • Shares outstanding: 6.56m
  • Website: https://www.cvdequipment.com

Number of Employees


Location

  • CVD Equipment Corporation
  • 355 South Technology Drive
  • Central Islip
  • New York
  • 11722
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CVVNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDSep 1985
0V3DB (Deutsche Boerse AG)YesCommon StockDEEURSep 1985

Biography

CVD Equipment Corporation develops, manufactures, and sells equipment and process solutions that are used to develop and manufacture materials and coatings for research and industrial applications in the U ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 23:32
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.