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CVD Equipment Corporation

CVV NASDAQ Categories PDF
Industrials · Industrial - Machinery
Central Islip, NY 11722, United States IPO 1999 cvdequipment.com Updated Jun 26, 5:36pm
Price
$6.52
Market Cap
$45.3M
Employees
118
Beta
1.29
Avg Volume
179,614
CEO
Emmanuel N. Lakios
Business Description

CVD Equipment Corporation, along with its affiliated entities, specializes in the engineering, manufacturing, and distribution of sophisticated process equipment and comprehensive solutions. These offerings are instrumental in the creation and fabrication of advanced materials and specialized coatings, catering to both research institutions and industrial sectors, predominantly within the United States. The company operates through three distinct divisions: CVD, SDC, and CVD Materials. Its extensive product portfolio features: Chemical Vapor Deposition (CVD) Systems: These are vital for the research, development, and production across diverse fields such as aerospace, medical components, semiconductors, LED technology, carbon nanotubes, nanowires, solar cells, and various other industrial applications. Rapid Thermal Processing Systems: Utilized for critical processes including implant activation, oxidation, and silicide formation. Furnaces: Encompassing annealing, diffusion, and low-pressure chemical vapor deposition models, employed in diffusion, oxidation, implant annealing, solder reflow, and solar cell manufacturing. Gas and Liquid Control Systems: This category includes gas cylinder storage cabinets, bespoke gas and chemical delivery setups, valve manifold boxes for gas and liquids, and gas isolation boxes, all crucial for semiconductor fabrication, solar cell production, LEDs, carbon nanotubes, nanowires, and general industrial use. Quartz-ware: Both standard and custom-fabricated items, often integrated into the company's own equipment or supplied for other customer tools, complemented by repair and replacement services. MesoPlasma Direct Write Printing: An innovative material deposition technique enabling the creation of instrumentation, intricate patterns, and coatings on complex, conformal surfaces. Tantaline Corrosion-Resistant Coatings: Applied to enhance the durability of components like valves, fittings, fasteners, vessels, bellows, and other custom-designed items. Additional Materials: The company also provides carbon composites and various electronic materials. CVD Equipment Corporation's clientele primarily consists of organizations in the aerospace and defense sectors, the medical industry, electronic component manufacturers, academic institutions, as well as government and private industrial laboratories. Established in 1982, the company maintains its headquarters in Central Islip, New York.

Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Last updated: Jun 25, 2026 4:52am (2d ago)
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALC
Stock Price / EPS (Diluted)
-28.35
Stock Price: $6.52
EPS (Diluted): -0.23
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
0.86
Stock Price: $6.52
Total Equity: $24.73M
Shares: 6,875,000
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
-14.32
Market Cap: $45.25M
Total Debt: $181,000
Cash: $8.73M
EBITDA: -$886,000
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$12.7M
Market Cap: $45.25M
Total Debt: $181,000
Cash: $8.73M
P/S Ratio (Price per dollar of revenue)
API
Stock Price / Revenue Per Share
0.82
Stock Price: $6.52
Revenue: $25.79M
Shares: 6,875,000
EV/Sales (Total value vs revenue — works when P/E can't)
API
0.49
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
28.3%
Gross Profit: $7.29M
Revenue: $25.79M
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
-6.8%
Operating Income: -$1.75M
Revenue: $25.79M
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
-6.1%
Net Income: -$1.59M
Revenue: $25.79M
ROE (Profit from shareholder equity)
CALC
Net Income / Total Equity
-6.4%
Net Income: -$1.59M
Total Equity: $24.73M
ROIC (Profit from all invested capital)
CALC
NOPAT / Invested Capital
-10.8%
Operating Income: -$1.75M
Tax Rate: -0.2%
Equity: $24.73M
Total Debt: $181,000
Cash: $8.73M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
6.06
Current Assets: $16.88M
Current Liabilities: $2.78M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.01
Short-Term Debt: $181,000
Long-Term Debt: $0.00
Total Debt: $181,000
Total Equity: $24.73M
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$3.75
Revenue: $25.79M
Shares: 6,875,000
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$3.60
Total Equity: $24.73M
Shares: 6,875,000
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$-0.54
Operating CF: -$3.68M
CapEx: -$48,000
Shares: 6,875,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $6.52
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
Dividends Paid: N/A
Net Income: -$1.59M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares CVV against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 25, 2026 4:52am (2d ago)
Metric 2021 2022 2023 2024 2025
Revenue $16.4M $25.8M $24.1M $26.9M $25.8M
Cost of Revenue $13.4M $19.2M $19.0M $20.5M $18.5M
Gross Profit $3.1M $6.6M $5.1M $6.3M $7.3M
Operating Expenses $7.7M $8.5M $10.0M $8.7M $9.0M
Operating Income -$4.7M -$1.8M -$4.9M -$2.4M -$1.7M
Net Income $4.7M $-224,000 -$4.2M -$1.9M -$1.6M
EBITDA $5.8M $655,000 -$3.4M -$1.2M $-886,000
EPS $0.71 $-0.03 $-0.62 $-0.28 $-0.23
EPS (Diluted)
Balance Sheet (Annual)
Last updated: Jun 25, 2026 4:52am (2d ago)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $16.7M $14.4M $14.0M $12.6M $8.7M
Total Current Assets $23.1M $23.7M $22.8M $20.0M $16.9M
Total Assets $35.5M $37.9M $35.0M $31.7M $27.5M
Current Liabilities $6.3M $8.2M $8.6M $6.1M $2.8M
Long-Term Debt $0 $349,000 $268,000 $181,000 $0
Total Liabilities $6.3M $8.5M $8.8M $6.3M $2.8M
Total Equity $29.2M $29.4M $26.2M $25.4M $24.7M
Retained Earnings $1.8M $1.6M -$2.6M -$4.5M -$6.0M
Cash Flow (Annual)
Last updated: Jun 25, 2026 4:52am (2d ago)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow -$4.3M $194,000 $-206,000 -$1.5M -$3.7M
Capital Expenditure $-236,000 $-718,000 $-418,000 $-106,000 $-48,000
Free Cash Flow -$4.5M $-524,000 $-624,000 -$1.6M -$3.7M
Acquisitions (net) $0 $0 $0 $0 $0
Debt Repayment
Dividends Paid
Stock Buybacks $0 $0 $0 $0 $0
Net Change in Cash $9.0M -$2.3M $-340,000 -$1.4M -$3.9M
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 5:36pm (16h ago)
Metric 2025 2026
Revenue $25.8M
$25.8M – $25.8M
$29.5M
$29.5M – $29.5M
EBITDA $817,930
$817,930 – $817,930
$936,053
$936,053 – $936,053
Net Income $-68,750
$-68,750 – $-68,750
$-206,250
$-206,250 – $-206,250
EPS
Growth Trends (YoY %)
Last updated: Jun 25, 2026 4:52am (2d ago)
Metric 2022 2023 2024 2025
Revenue Growth +56.9% -6.6% +11.5% -4.1%
Gross Profit Growth +115.4% -23.5% +24.8% +15.1%
Operating Income Growth +60.9% -167.7% +50.5% +27.7%
Net Income Growth -104.7% -1,766.1% +54.6% +16.5%
EBITDA Growth -88.7% -615.9% +65.3% +24.3%
Narrative Economics
The story the market is telling about this stock — the intangible X-factor (founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for CVV — it's generated by the pipeline (market-narrative step).
Community AI Feedback
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My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30