330.92 USD
-5.42 (-1.61%)
330.92 USD
0 (0%)
NVMI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 113 industry peers in the Semiconductors & Semiconductor Equipment industry. While NVMI has a great profitability rating, there are some minor concerns on its financial health. NVMI is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, NVMI could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
NVMI had positive earnings in the past year.
NVMI had a positive operating cash flow in the past year.
NVMI had positive earnings in each of the past 5 years.
Each year in the past 5 years NVMI had a positive operating cash flow.
1.2 Ratios
NVMI has a better Return On Assets (10.62%) than 80.53% of its industry peers.
The Return On Equity of NVMI (20.93%) is better than 87.61% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.78%, NVMI belongs to the top of the industry, outperforming 83.19% of the companies in the same industry.
NVMI had an Average Return On Invested Capital over the past 3 years of 15.19%. This is above the industry average of 10.77%.
The 3 year average ROIC (15.19%) for NVMI is well above the current ROIC(10.78%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.62% | ||
| ROE | 20.93% | ||
| ROIC | 10.78% |
ROA(3y)13.16%
ROA(5y)11.67%
ROE(3y)20.62%
ROE(5y)18.88%
ROIC(3y)15.19%
ROIC(5y)14.49%
1.3 Margins
NVMI has a Profit Margin of 28.73%. This is amongst the best in the industry. NVMI outperforms 87.61% of its industry peers.
In the last couple of years the Profit Margin of NVMI has grown nicely.
NVMI's Operating Margin of 29.11% is amongst the best of the industry. NVMI outperforms 88.50% of its industry peers.
In the last couple of years the Operating Margin of NVMI has grown nicely.
NVMI has a Gross Margin of 57.10%. This is amongst the best in the industry. NVMI outperforms 80.53% of its industry peers.
NVMI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.11% | ||
| PM (TTM) | 28.73% | ||
| GM | 57.1% |
OM growth 3Y1.07%
OM growth 5Y11.5%
PM growth 3Y6.9%
PM growth 5Y11.79%
GM growth 3Y0.58%
GM growth 5Y1.23%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NVMI is creating some value.
The number of shares outstanding for NVMI has been increased compared to 1 year ago.
NVMI has more shares outstanding than it did 5 years ago.
NVMI has a better debt/assets ratio than last year.
2.2 Solvency
NVMI has a debt to FCF ratio of 3.57. This is a good value and a sign of high solvency as NVMI would need 3.57 years to pay back of all of its debts.
NVMI has a better Debt to FCF ratio (3.57) than 61.95% of its industry peers.
A Debt/Equity ratio of 0.62 indicates that NVMI is somewhat dependend on debt financing.
The Debt to Equity ratio of NVMI (0.62) is worse than 72.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.57 | ||
| Altman-Z | N/A |
ROIC/WACC0.91
WACC11.8%
2.3 Liquidity
A Current Ratio of 4.58 indicates that NVMI has no problem at all paying its short term obligations.
With a decent Current ratio value of 4.58, NVMI is doing good in the industry, outperforming 69.03% of the companies in the same industry.
NVMI has a Quick Ratio of 4.00. This indicates that NVMI is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 4.00, NVMI is doing good in the industry, outperforming 74.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.58 | ||
| Quick Ratio | 4 |
3. Growth
3.1 Past
NVMI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 39.02%, which is quite impressive.
The Earnings Per Share has been growing by 33.09% on average over the past years. This is a very strong growth
NVMI shows a strong growth in Revenue. In the last year, the Revenue has grown by 39.37%.
The Revenue has been growing by 24.49% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)39.02%
EPS 3Y20.27%
EPS 5Y33.09%
EPS Q2Q%24.14%
Revenue 1Y (TTM)39.37%
Revenue growth 3Y17.35%
Revenue growth 5Y24.49%
Sales Q2Q%25.5%
3.2 Future
NVMI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.41% yearly.
Based on estimates for the next years, NVMI will show a very strong growth in Revenue. The Revenue will grow by 20.65% on average per year.
EPS Next Y32.48%
EPS Next 2Y21.13%
EPS Next 3Y17.07%
EPS Next 5Y16.41%
Revenue Next Year32.27%
Revenue Next 2Y20.44%
Revenue Next 3Y17.89%
Revenue Next 5Y20.65%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 39.02, which means the current valuation is very expensive for NVMI.
NVMI's Price/Earnings ratio is a bit cheaper when compared to the industry. NVMI is cheaper than 65.49% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.57. NVMI is valued slightly more expensive when compared to this.
A Price/Forward Earnings ratio of 33.76 indicates a quite expensive valuation of NVMI.
NVMI's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of NVMI to the average of the S&P500 Index (24.04), we can say NVMI is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.02 | ||
| Fwd PE | 33.76 |
4.2 Price Multiples
NVMI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NVMI is cheaper than 61.95% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NVMI is valued a bit cheaper than the industry average as 71.68% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.67 | ||
| EV/EBITDA | 34.03 |
4.3 Compensation for Growth
NVMI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of NVMI may justify a higher PE ratio.
A more expensive valuation may be justified as NVMI's earnings are expected to grow with 17.07% in the coming years.
PEG (NY)1.2
PEG (5Y)1.18
EPS Next 2Y21.13%
EPS Next 3Y17.07%
5. Dividend
5.1 Amount
No dividends for NVMI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
330.92
-5.42 (-1.61%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners77.85%
Inst Owner Change111.51%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap9.81B
Revenue(TTM)852.72M
Net Income(TTM)245.02M
Analysts84.29
Price Target364.58 (10.17%)
Short Float %4.5%
Short Ratio3.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.56%
Min EPS beat(2)-1.51%
Max EPS beat(2)4.63%
EPS beat(4)3
Avg EPS beat(4)2.71%
Min EPS beat(4)-1.51%
Max EPS beat(4)4.63%
EPS beat(8)7
Avg EPS beat(8)5.48%
EPS beat(12)11
Avg EPS beat(12)6.12%
EPS beat(16)15
Avg EPS beat(16)6.42%
Revenue beat(2)1
Avg Revenue beat(2)-0.28%
Min Revenue beat(2)-0.89%
Max Revenue beat(2)0.34%
Revenue beat(4)2
Avg Revenue beat(4)0.35%
Min Revenue beat(4)-0.89%
Max Revenue beat(4)2.39%
Revenue beat(8)6
Avg Revenue beat(8)1.47%
Revenue beat(12)8
Avg Revenue beat(12)1.09%
Revenue beat(16)11
Avg Revenue beat(16)1.16%
PT rev (1m)13.05%
PT rev (3m)22.03%
EPS NQ rev (1m)0.09%
EPS NQ rev (3m)1.71%
EPS NY rev (1m)0.94%
EPS NY rev (3m)1.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.33%
Revenue NY rev (1m)0.7%
Revenue NY rev (3m)0.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.02 | ||
| Fwd PE | 33.76 | ||
| P/S | 11.51 | ||
| P/FCF | 42.67 | ||
| P/OCF | 38.63 | ||
| P/B | 8.38 | ||
| P/tB | 9.51 | ||
| EV/EBITDA | 34.03 |
EPS(TTM)8.48
EY2.56%
EPS(NY)9.8
Fwd EY2.96%
FCF(TTM)7.76
FCFY2.34%
OCF(TTM)8.57
OCFY2.59%
SpS28.76
BVpS39.49
TBVpS34.8
PEG (NY)1.2
PEG (5Y)1.18
Graham Number86.8
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.62% | ||
| ROE | 20.93% | ||
| ROCE | 12.46% | ||
| ROIC | 10.78% | ||
| ROICexc | 23.76% | ||
| ROICexgc | 28.08% | ||
| OM | 29.11% | ||
| PM (TTM) | 28.73% | ||
| GM | 57.1% | ||
| FCFM | 26.97% |
ROA(3y)13.16%
ROA(5y)11.67%
ROE(3y)20.62%
ROE(5y)18.88%
ROIC(3y)15.19%
ROIC(5y)14.49%
ROICexc(3y)32.48%
ROICexc(5y)43.28%
ROICexgc(3y)41.09%
ROICexgc(5y)54.3%
ROCE(3y)17.55%
ROCE(5y)16.75%
ROICexgc growth 3Y-25.15%
ROICexgc growth 5Y16.57%
ROICexc growth 3Y-24.52%
ROICexc growth 5Y15.8%
OM growth 3Y1.07%
OM growth 5Y11.5%
PM growth 3Y6.9%
PM growth 5Y11.79%
GM growth 3Y0.58%
GM growth 5Y1.23%
F-Score5
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.57 | ||
| Debt/EBITDA | 2.72 | ||
| Cap/Depr | 118.17% | ||
| Cap/Sales | 2.82% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 94.58% | ||
| Profit Quality | 93.85% | ||
| Current Ratio | 4.58 | ||
| Quick Ratio | 4 | ||
| Altman-Z | N/A |
F-Score5
WACC11.8%
ROIC/WACC0.91
Cap/Depr(3y)117.01%
Cap/Depr(5y)96.11%
Cap/Sales(3y)3.2%
Cap/Sales(5y)2.63%
Profit Quality(3y)88.91%
Profit Quality(5y)103.24%
High Growth Momentum
Growth
EPS 1Y (TTM)39.02%
EPS 3Y20.27%
EPS 5Y33.09%
EPS Q2Q%24.14%
EPS Next Y32.48%
EPS Next 2Y21.13%
EPS Next 3Y17.07%
EPS Next 5Y16.41%
Revenue 1Y (TTM)39.37%
Revenue growth 3Y17.35%
Revenue growth 5Y24.49%
Sales Q2Q%25.5%
Revenue Next Year32.27%
Revenue Next 2Y20.44%
Revenue Next 3Y17.89%
Revenue Next 5Y20.65%
EBIT growth 1Y49.76%
EBIT growth 3Y18.61%
EBIT growth 5Y38.8%
EBIT Next Year45.44%
EBIT Next 3Y23.85%
EBIT Next 5YN/A
FCF growth 1Y83.23%
FCF growth 3Y19.59%
FCF growth 5Y62.24%
OCF growth 1Y77.01%
OCF growth 3Y21.15%
OCF growth 5Y42.03%
NOVA LTD / NVMI FAQ
What is the ChartMill fundamental rating of NOVA LTD (NVMI) stock?
ChartMill assigns a fundamental rating of 7 / 10 to NVMI.
What is the valuation status of NOVA LTD (NVMI) stock?
ChartMill assigns a valuation rating of 4 / 10 to NOVA LTD (NVMI). This can be considered as Fairly Valued.
How profitable is NOVA LTD (NVMI) stock?
NOVA LTD (NVMI) has a profitability rating of 9 / 10.
How financially healthy is NOVA LTD?
The financial health rating of NOVA LTD (NVMI) is 5 / 10.