CVD Equipment Corporation (CVV) Stock

CVD Equipment Corporation (CVV) is a Industrials stock trading at $6.61 (as of 2026-09-02), with a market capitalization of $45.95M and a trailing P/E of 4.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

CVD 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.

Understand CVD Equipment Corporation: how it makes money

CVD Equipment designs and sells specialized process equipment, primarily chemical vapor deposition and rapid thermal systems, to aerospace, semiconductor, and advanced materials manufacturers. Revenue is lumpy and order-driven, dependent on individual system deliveries rather than recurring service income.

Each system is a one-off engineered sale with no recurring revenue stream, so the income statement swings from near-zero to meaningful only in delivery quarters.

Business quality (Unprofitable): Deeply unprofitable at the operating level; the 17% gross margin on low-volume, one-off systems leaves no cushion to cover fixed overhead.

Bull case

  • Engineering IP holds margin: At a gross margin of 17%, the proprietary hardware and process engineering in each system capture a premium above raw material and labor costs, confirming the technology stack has real value in advanced materials manufacturing.

Bear case

  • Structural operating losses persist: An operating margin of -80% means the company loses roughly 80 cents at the operating line for every dollar of revenue, indicating fixed R&D and overhead costs vastly exceed what thin-volume, one-off system sales can generate.
Valuation — source: SEC EDGAR (first-party)
Price$6.61
Market Cap$45.95M
P/E Ratio4.6
Price / Book1.27
Price / Sales2.84
FCF Yield-8.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$25.79M
Net Margin-6.1%
Revenue Growth (YoY)-61.8%
EPS Growth (YoY)-1306.7%
FCF Growth (YoY)-86.6%
Financial Health — source: SEC EDGAR
Altman Z-Score10.90 (safe)
Piotroski F-Score5/9 (moderate)
Valuation vs Sector & Industry
Stock P/E4.6
Sector P/E (Industrials)25.7
Industry P/E (Machinery)31.6
vs Sector-82.2%
vs Industry-85.5%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD CAPITAL MANAGEMENT LLC ($1.04M)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryMachinery
CEOEmmanuel N. Lakios
Employees118
CountryUS
IPO Date1999-03-01

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  • Energy Recovery, Inc. (ERII)
  • Azenta, Inc. (AZTA)
  • Veeco Instruments Inc. (VECO)
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CVV earnings history · CVV institutional & insider holders · CVV KPIs & operating metrics · CVV financials · CVV investor presentations & press releases · CVV SEC filings · CVV peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-09-02.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.