NVEC Nve Corp

Price (delayed)

$60.79

Market cap

$294.05M

P/E Ratio

20.2

Dividend/share

$4

EPS

$3.01

Enterprise value

$291.72M

NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. The company manufactures ...

Highlights
The P/E is 15% lower than the last 4 quarters average of 23.8 and 4.7% lower than the 5-year quarterly average of 21.2
The gross margin has grown by 3.5% YoY
NVEC's debt has surged by 185% year-on-year but it is down by 3.1% since the previous quarter
The quick ratio has contracted by 49% from the previous quarter and by 21% YoY
NVEC's net income is down by 14% year-on-year and by 3.5% since the previous quarter

Key stats

What are the main financial stats of NVEC
Market
Shares outstanding
4.84M
Market cap
$294.05M
Enterprise value
$291.72M
Valuations
Price to earnings (P/E)
20.2
Price to book (P/B)
4.81
Price to sales (P/S)
11.67
EV/EBIT
16.73
EV/EBITDA
16.41
EV/Sales
11.58
Earnings
Revenue
$25.2M
Gross profit
$20.75M
Operating income
$15.39M
Net income
$14.54M
EBIT
$17.44M
EBITDA
$17.77M
Free cash flow
$12.25M
Per share
EPS
$3.01
EPS diluted
$3
Free cash flow per share
$2.53
Book value per share
$12.63
Revenue per share
$5.21
TBVPS
$13.14
Balance sheet
Total assets
$63.55M
Total liabilities
$2.46M
Debt
$892,298
Equity
$61.09M
Working capital
$24.54M
Liquidity
Debt to equity
0.01
Current ratio
16.1
Quick ratio
11.13
Net debt/EBITDA
-0.13
Margins
EBITDA margin
70.5%
Gross margin
82.4%
Net margin
57.7%
Operating margin
61.1%
Efficiency
Return on assets
22.5%
Return on equity
23.2%
Return on invested capital
29.4%
Return on capital employed
28.2%
Return on sales
69.2%
Dividend
Dividend yield
6.58%
DPS
$4
Payout ratio
132.9%

NVEC stock price

How has the Nve stock price performed over time
Intraday
-4.01%
1 week
-4.18%
1 month
-17.91%
1 year
-27.46%
YTD
-25.35%
QTD
-17.42%

Financial performance

How have Nve's revenue and profit performed over time
Revenue
$25.2M
Gross profit
$20.75M
Operating income
$15.39M
Net income
$14.54M
Gross margin
82.4%
Net margin
57.7%
NVEC's net income is down by 14% year-on-year and by 3.5% since the previous quarter
NVEC's operating income is down by 12% year-on-year and by 3.8% since the previous quarter
Nve's revenue has decreased by 9% YoY and by 2.6% from the previous quarter
The gross profit has declined by 6% year-on-year and by 4.1% since the previous quarter

Price vs fundamentals

How does NVEC's price correlate with its fundamentals

Growth

What is Nve's growth rate over time

Valuation

What is Nve stock price valuation
P/E
20.2
P/B
4.81
P/S
11.67
EV/EBIT
16.73
EV/EBITDA
16.41
EV/Sales
11.58
The P/E is 15% lower than the last 4 quarters average of 23.8 and 4.7% lower than the 5-year quarterly average of 21.2
Nve's EPS has decreased by 14% YoY and by 3.5% QoQ
NVEC's price to book (P/B) is 16% lower than its last 4 quarters average of 5.7 and 6% lower than its 5-year quarterly average of 5.1
The equity has contracted by 6% YoY
The stock's price to sales (P/S) is 16% less than its last 4 quarters average of 13.9 and 2.8% less than its 5-year quarterly average of 12.0
Nve's revenue has decreased by 9% YoY and by 2.6% from the previous quarter

Efficiency

How efficient is Nve business performance
NVEC's ROIC is down by 11% YoY and by 3.6% QoQ
Nve's return on assets has decreased by 10% YoY and by 2.2% QoQ
The return on equity has declined by 9% year-on-year

Dividends

What is NVEC's dividend history
DPS
$4
Dividend yield
6.58%
Payout ratio
132.9%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Nve financials performed over time
The quick ratio has contracted by 49% from the previous quarter and by 21% YoY
NVEC's current ratio is down by 43% QoQ and by 13% YoY
NVEC's debt is 99% smaller than its equity
NVEC's debt has surged by 185% year-on-year but it is down by 3.1% since the previous quarter
The equity has contracted by 6% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.