CVD Equipment Corporation Common Stock (CVV)

FairStock Score: 33/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am wary of small industrial equipment makers that have not yet proven they can earn consistent profits. CVD Equipment designs chemical vapor deposition and thermal process equipment, and FairStock's Lynch category is none because it lost money in each of the last four years. The filed record bears that out: in fiscal 2025, the year ended 2025-12-31, revenue was $25.8M and net loss was $1.6M; in fiscal 2024, revenue was $26.9M and net loss was $1.9M; in fiscal 2023, revenue was $24.1M and net loss was $4.2M. Results are lumpy. Fiscal Q3 2025, the quarter ended 2025-09-30, had revenue of $7.4M and net income of $384,000; fiscal Q1 2026, the quarter ended 2026-03-31, had revenue of $1.8M and a net loss of $1.7M; then fiscal Q2 2026, the quarter ended 2026-06-30, had revenue of $2.0M and net income of $12.6M, or diluted EPS of $1.81. That latest profit is larger than revenue, so I would not treat it as ordinary earning power without more evidence. At the 2026-10-13 close of $3.97, FairStock calculations show a market cap of $27.6M, P/B of 0.76, negative P/E of -8.63, ROE of -10.32%, ROCE of -6.31%, and FCF yield of 1.7%. The balance sheet looks conservative with D/E of 0.01 and Altman Z-Score of 7.59, but Piotroski is 4/9 and the FairStock Score is 33/100. This is a low-debt, asset-backed situation, not a proven compounder. I need consistent profits and revenue recovery before calling it a sound value.

In plain English: CVD Equipment makes special machines used to make materials and coatings for industrial customers. The business looks weak overall: it has lost money in recent full years and sales have been uneven, although one recent quarter showed a very large profit and debt is low. At $3.97, the stock looks cheap compared with the company's accounting value, but the profit record does not make it look like a bargain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer