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CVD Equipment Corporation (CVV)
:CVV
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CVD Equipment
(NASDAQ:CVV)
Rating:57Neutral
Price Target:
$3.00
▼(-1.32%Downside)
CVD Equipment (CVV) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$20.92M
Dividend YieldN/A
Average Volume (3M)32.01K
Price to Earnings (P/E)―
Beta (1Y)0.84
Revenue Growth48.84%
EPS Growth98.75%
CountryUS
Employees118
SectorIndustrials
Sector Strength86
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)0.05
Shares Outstanding6,881,838
10 Day Avg. Volume26,988
30 Day Avg. Volume32,009
Financial Highlights & Ratios
PEG Ratio1.58
Price to Book (P/B)1.26
Price to Sales (P/S)0.00
P/FCF Ratio-70.81
Enterprise Value/Market Cap1.17
Enterprise Value/Revenue0.24
Enterprise Value/Gross Profit3.00
Enterprise Value/Ebitda-2.76
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
CVD Equipment Business Overview & Revenue Model
Company DescriptionCVD 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.
How the Company Makes MoneyCVD Equipment Corporation generates revenue primarily through the sale of its chemical vapor deposition systems and related equipment. The company's revenue streams include custom-designed systems tailored to specific client needs, standard systems for more general applications, and ancillary products such as spare parts and consumables. Additionally, the company offers support and maintenance services to ensure the optimal performance of its systems, contributing to its service revenue. CVD Equipment benefits from partnerships with research institutions and industry leaders, which help drive innovation and adoption of its solutions in emerging technology markets. These collaborations often lead to new product developments and expanded market reach, further enhancing the company's revenue potential.
CVD Equipment Earnings Call Summary
Earnings Call Date:May 13, 2025
(Q1-2025)
| % Change Since: 4.47%|
Next Earnings Date:Aug 18, 2025
Earnings Call Sentiment Positive
The earnings call reflected a strong performance with significant revenue growth, improved profitability metrics, and a return to profitability. However, challenges such as a decline in backlog, decreased cash reserves, and uncertainties due to tariffs could impact future performance. Overall, the positive aspects of growth and profitability improvements slightly outweigh the concerns.Q1-2025 Updates
Positive Updates
Significant Revenue Growth
First quarter 2025 revenue was $8.3 million, up 69% compared to the prior year quarter and 12.2% higher than the fourth quarter of 2024.
Improved Gross Profit Margin
Gross profit for the first quarter was $2.7 million, with a gross profit percentage of 32.4%, compared to a gross profit of $0.8 million or 16.2% in the first quarter of 2024.
Return to Profitability
The company reported a net income of $360,000 for the first quarter of 2025, marking the third consecutive quarter of net income.
Operating Income Improvement
Operating income for the first quarter was $269,000 compared to an operating loss of $1.6 million in the first quarter of 2024.
Negative Updates
Backlog Decline
Backlog declined from $19.4 million at the end of December 2024 to $13.8 million by March 31, 2025.
Cash and Cash Equivalents Decrease
Cash and cash equivalents decreased to $10.2 million as of March 31, 2025, from $12.6 million at December 31, 2024.
Impact of Tariffs and Economic Uncertainty
The recent imposition of tariffs presents challenges and uncertainties affecting component costs and order rates.
Company Guidance
During the first quarter of 2025, CVD Equipment Corporation reported a revenue of $8.3 million, marking a 69% increase compared to the same period in 2024, and a 12.2% rise from the fourth quarter of 2024. The company achieved a net income of $360,000, or $0.05 per share, a significant improvement from the $1.5 million loss in the first quarter of the previous year. The gross profit for the quarter was $2.7 million, with a gross profit margin of 32.4%, up from 16.2% in Q1 2024. CVD's backlog decreased from $19.4 million at the end of December 2024 to $13.8 million by March 31, 2025, although they secured a $1.2 million semiconductor system order post-quarter. Operating income was $269,000, compared to an operating loss of $1.6 million in Q1 2024. The company ended the quarter with $10.2 million in cash and cash equivalents, down from $12.6 million at the end of 2024, primarily due to costs incurred on contracts in progress. Despite challenges from newly imposed tariffs and economic uncertainties, CVD remains focused on growth and efficiency in its key markets, including aerospace, defense, high-power electronics, and EV battery energy storage.CVD Equipment Financial Statement Overview
Summary
CVD Equipment shows moderate revenue growth, but profitability and cash flow are concerning with negative margins. The balance sheet is strong with low debt, but negative ROE indicates efficiency issues.Income Statement
CVD Equipment shows a moderate revenue growth trend in the TTM period, with a revenue increase from $26.88M to $30.27M, indicating a growth rate of approximately 12.6%. However, profitability is a concern, with the TTM net profit margin at -0.22%, and EBIT and EBITDA margins are also negative, reflecting operational challenges. Gross profit margin stands at 26.98%, showing some ability to maintain cost efficiency.55
Neutral
Balance Sheet
The balance sheet indicates strong equity, with a debt-to-equity ratio of 0.0034 and an equity ratio of 83.62% in the TTM, reflecting low reliance on debt financing and strong shareholder equity support. However, the return on equity (ROE) is negative at -0.25%, indicating profitability issues despite a solid capital structure.70
Positive
Cash Flow
Cash flow analysis reveals challenges in cash generation, with a negative operating cash flow of -$1.71M and free cash flow of -$1.79M in the TTM. The operating cash flow to net income ratio is negative, suggesting inefficiencies in converting income into cash. The free cash flow growth rate is also negative, indicating cash flow constraints.50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 30.27M | 26.88M | 24.11M | 25.81M | 16.45M | 16.92M |
| Gross Profit | 8.17M | 6.33M | 5.07M | 6.63M | 2.54M | 2.88M |
| EBITDA | 412.00K | -1.17M | -3.38M | 655.00K | 5.78M | -5.77M |
| Net Income | -66.00K | -1.90M | -4.18M | -224.00K | 4.75M | -6.07M |
Balance Sheet | ||||||
| Total Assets | 31.08M | 31.69M | 35.02M | 37.91M | 35.52M | 40.94M |
| Cash, Cash Equivalents and Short-Term Investments | 10.22M | 12.60M | 14.03M | 14.37M | 16.65M | 7.70M |
| Total Debt | 88.00K | 268.00K | 349.00K | 426.00K | 1.77M | 13.80M |
| Total Liabilities | 5.09M | 6.32M | 8.82M | 8.51M | 6.34M | 16.81M |
| Stockholders Equity | 25.99M | 50.67M | 26.20M | 29.40M | 29.19M | 24.13M |
Cash Flow | ||||||
| Free Cash Flow | -1.79M | -1.59M | -624.00K | -524.00K | -4.51M | -2.71M |
| Operating Cash Flow | -1.71M | -1.49M | -206.00K | 194.00K | -4.27M | -1.13M |
| Investing Cash Flow | 118.00K | 144.00K | -133.00K | -708.00K | 22.84M | -1.58M |
| Financing Cash Flow | -84.00K | -82.00K | -1.00K | -1.77M | -9.62M | 1.75M |
CVD Equipment Technical Analysis
Positive
3.04
Price Trends
2.95
Positive
3.04
Negative
3.23
Negative
Market Momentum
-0.01
Positive
53.21
Neutral
64.28
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CVV, the sentiment is Positive. The current price of 3.04 is above the 20-day moving average (MA) of 3.03, above the 50-day MA of 2.95, and below the 200-day MA of 3.23, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 53.21 is Neutral, neither overbought nor oversold. The STOCH value of 64.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CVV.
CVD Equipment Risk Analysis
CVD Equipment disclosed 31 risk factors in its most recent earnings report. CVD Equipment reported the most risks in the "Production" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
CVD Equipment Peers Comparison
Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $35.14M | 1.76 | 26.72% | ― | -8.81% | ― | |
58 Neutral | $1.34B | 4.20 | -2.93% | 7.41% | 3.67% | -51.13% | |
57 Neutral | $20.92M | ― | -0.26% | ― | 48.84% | 98.75% | |
57 Neutral | $42.42M | 30.96 | -1.24% | ― | -25.94% | -108.22% | |
47 Neutral | $99.39M | ― | 29.28% | ― | -29.45% | 39.40% | |
44 Neutral | $14.53M | ― | -90.36% | ― | -87.59% | 51.14% | |
40 Underperform | $37.69M | ― | -38.88% | ― | -13.31% | -114.99% |
* Industrials Sector Average
Performance Comparison
CVV
CVD Equipment
3.04
-0.82
-21.24%
BW
Babcock & Wilcox Company
1.01
-0.91
-47.40%
BWEN
Broadwind Energy
1.87
-1.19
-38.89%
GTEC
Greenland Technologies Holding
2.02
0.60
42.25%
CETY
Clean Energy Technologies
0.23
-1.01
-81.45%
LASE
Laser Photonics Corp.
2.64
0.77
41.18%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.