Logo image of NVEC

NVE CORP (NVEC) Stock Fundamental Analysis

NASDAQ:NVEC - Nasdaq - US6294452064 - Common Stock - Currency: USD

57.84  +1.2 (+2.12%)

After market: 57.84 0 (0%)

Fundamental Rating

6

NVEC gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 109 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the health and profitability get an excellent rating, making NVEC a very profitable company, without any liquidiy or solvency issues. NVEC has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

Quickly go to:

9

1. Profitability

1.1 Basic Checks

NVEC had positive earnings in the past year.
NVEC had a positive operating cash flow in the past year.
Each year in the past 5 years NVEC has been profitable.
Each year in the past 5 years NVEC had a positive operating cash flow.
NVEC Yearly Net Income VS EBIT VS OCF VS FCFNVEC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M

1.2 Ratios

NVEC has a Return On Assets of 23.20%. This is amongst the best in the industry. NVEC outperforms 96.33% of its industry peers.
Looking at the Return On Equity, with a value of 23.80%, NVEC belongs to the top of the industry, outperforming 88.07% of the companies in the same industry.
NVEC's Return On Invested Capital of 20.73% is amongst the best of the industry. NVEC outperforms 93.58% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NVEC is significantly above the industry average of 11.16%.
The 3 year average ROIC (25.47%) for NVEC is well above the current ROIC(20.73%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 23.2%
ROE 23.8%
ROIC 20.73%
ROA(3y)26.63%
ROA(5y)22.86%
ROE(3y)27.46%
ROE(5y)23.5%
ROIC(3y)25.47%
ROIC(5y)21.56%
NVEC Yearly ROA, ROE, ROICNVEC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

Looking at the Profit Margin, with a value of 58.34%, NVEC belongs to the top of the industry, outperforming 98.17% of the companies in the same industry.
In the last couple of years the Profit Margin of NVEC has remained more or less at the same level.
NVEC has a better Operating Margin (61.53%) than 99.08% of its industry peers.
NVEC's Operating Margin has been stable in the last couple of years.
The Gross Margin of NVEC (82.64%) is better than 98.17% of its industry peers.
In the last couple of years the Gross Margin of NVEC has remained more or less at the same level.
Industry RankSector Rank
OM 61.53%
PM (TTM) 58.34%
GM 82.64%
OM growth 3Y1.39%
OM growth 5Y0.65%
PM growth 3Y1.65%
PM growth 5Y0.95%
GM growth 3Y-1.42%
GM growth 5Y-0.77%
NVEC Yearly Profit, Operating, Gross MarginsNVEC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

More info and screens

9

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so NVEC is creating value.
The number of shares outstanding for NVEC has been increased compared to 1 year ago.
NVEC has more shares outstanding than it did 5 years ago.
There is no outstanding debt for NVEC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
NVEC Yearly Shares OutstandingNVEC Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1M 2M 3M 4M
NVEC Yearly Total Debt VS Total AssetsNVEC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

2.2 Solvency

An Altman-Z score of 104.47 indicates that NVEC is not in any danger for bankruptcy at the moment.
NVEC has a better Altman-Z score (104.47) than 100.00% of its industry peers.
NVEC has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Altman-Z 104.47
ROIC/WACC1.88
WACC11.03%
NVEC Yearly LT Debt VS Equity VS FCFNVEC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

2.3 Liquidity

NVEC has a Current Ratio of 40.30. This indicates that NVEC is financially healthy and has no problem in meeting its short term obligations.
NVEC has a better Current ratio (40.30) than 100.00% of its industry peers.
A Quick Ratio of 29.94 indicates that NVEC has no problem at all paying its short term obligations.
The Quick ratio of NVEC (29.94) is better than 100.00% of its industry peers.
Industry RankSector Rank
Current Ratio 40.3
Quick Ratio 29.94
NVEC Yearly Current Assets VS Current LiabilitesNVEC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M

More info and screens

1

3. Growth

3.1 Past

The earnings per share for NVEC have decreased strongly by -30.49% in the last year.
NVEC shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.43% yearly.
The Revenue for NVEC has decreased by -27.67% in the past year. This is quite bad
The Revenue has been growing slightly by 2.40% on average over the past years.
EPS 1Y (TTM)-30.49%
EPS 3Y13.5%
EPS 5Y3.43%
EPS Q2Q%-27.59%
Revenue 1Y (TTM)-27.67%
Revenue growth 3Y11.73%
Revenue growth 5Y2.4%
Sales Q2Q%-25.15%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
NVEC Yearly Revenue VS EstimatesNVEC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
NVEC Yearly EPS VS EstimatesNVEC Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2024 1 2 3

More info and screens

4

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 16.29, the valuation of NVEC can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of NVEC indicates a somewhat cheap valuation: NVEC is cheaper than 77.06% of the companies listed in the same industry.
NVEC's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.92.
Industry RankSector Rank
PE 16.29
Fwd PE N/A
NVEC Price Earnings VS Forward Price EarningsNVEC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, NVEC is valued a bit cheaper than 71.56% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NVEC indicates a rather cheap valuation: NVEC is cheaper than 83.49% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 20.29
EV/EBITDA 14.74
NVEC Per share dataNVEC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

NVEC has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)4.76
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

6

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 7.01%, NVEC is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.98, NVEC pays a better dividend. On top of this NVEC pays more dividend than 99.08% of the companies listed in the same industry.
NVEC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.51.
Industry RankSector Rank
Dividend Yield 7.01%

5.2 History

The dividend of NVEC decreases each year by -0.11%.
NVEC has paid a dividend for at least 10 years, which is a reliable track record.
As NVEC did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)-0.11%
Div Incr Years0
Div Non Decr Years8
NVEC Yearly Dividends per shareNVEC Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3 4 5

5.3 Sustainability

129.04% of the earnings are spent on dividend by NVEC. This is not a sustainable payout ratio.
DP129.04%
EPS Next 2YN/A
EPS Next 3YN/A
NVEC Yearly Income VS Free CF VS DividendNVEC Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M
NVEC Dividend Payout.NVEC Dividend Payout, showing the Payout Ratio.NVEC Dividend Payout.PayoutRetained Earnings

More info and screens

NVE CORP

NASDAQ:NVEC (4/24/2025, 4:30:01 PM)

After market: 57.84 0 (0%)

57.84

+1.2 (+2.12%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)01-22 2025-01-22/amc
Earnings (Next)04-30 2025-04-30
Inst Owners71.43%
Inst Owner Change0.93%
Ins Owners0.04%
Ins Owner Change-0.58%
Market Cap279.95M
Analysts43.33
Price TargetN/A
Short Float %2.06%
Short Ratio4.01
Dividend
Industry RankSector Rank
Dividend Yield 7.01%
Yearly Dividend4.01
Dividend Growth(5Y)-0.11%
DP129.04%
Div Incr Years0
Div Non Decr Years8
Ex-Date02-03 2025-02-03 (1)
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 16.29
Fwd PE N/A
P/S 10.9
P/FCF 20.29
P/OCF 18.71
P/B 4.45
P/tB 4.45
EV/EBITDA 14.74
EPS(TTM)3.55
EY6.14%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)2.85
FCFY4.93%
OCF(TTM)3.09
OCFY5.34%
SpS5.31
BVpS13.01
TBVpS13.01
PEG (NY)N/A
PEG (5Y)4.76
Profitability
Industry RankSector Rank
ROA 23.2%
ROE 23.8%
ROCE 24.76%
ROIC 20.73%
ROICexc 30.46%
ROICexgc 30.46%
OM 61.53%
PM (TTM) 58.34%
GM 82.64%
FCFM 53.71%
ROA(3y)26.63%
ROA(5y)22.86%
ROE(3y)27.46%
ROE(5y)23.5%
ROIC(3y)25.47%
ROIC(5y)21.56%
ROICexc(3y)39.57%
ROICexc(5y)32.78%
ROICexgc(3y)39.57%
ROICexgc(5y)32.78%
ROCE(3y)30.43%
ROCE(5y)25.76%
ROICexcg growth 3Y21.25%
ROICexcg growth 5Y11.11%
ROICexc growth 3Y21.25%
ROICexc growth 5Y11.11%
OM growth 3Y1.39%
OM growth 5Y0.65%
PM growth 3Y1.65%
PM growth 5Y0.95%
GM growth 3Y-1.42%
GM growth 5Y-0.77%
F-Score5
Asset Turnover0.4
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 295.2%
Cap/Sales 4.53%
Interest Coverage 250
Cash Conversion 92.35%
Profit Quality 92.08%
Current Ratio 40.3
Quick Ratio 29.94
Altman-Z 104.47
F-Score5
WACC11.03%
ROIC/WACC1.88
Cap/Depr(3y)160.41%
Cap/Depr(5y)100.29%
Cap/Sales(3y)1.43%
Cap/Sales(5y)0.95%
Profit Quality(3y)89.76%
Profit Quality(5y)98.43%
High Growth Momentum
Growth
EPS 1Y (TTM)-30.49%
EPS 3Y13.5%
EPS 5Y3.43%
EPS Q2Q%-27.59%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-27.67%
Revenue growth 3Y11.73%
Revenue growth 5Y2.4%
Sales Q2Q%-25.15%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-32.34%
EBIT growth 3Y13.28%
EBIT growth 5Y3.07%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-17.97%
FCF growth 3Y11.08%
FCF growth 5Y5.2%
OCF growth 1Y-17.57%
OCF growth 3Y10.95%
OCF growth 5Y5.11%