NVEC - NVE Corp Stock Price, Fair Value and News

76.83USD-0.03 (-0.04%)Delayed

Market Summary

USD76.83-0.03

Delayed

-0.04%

NVEC Stock Price

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NVEC RSI Chart

NVEC Valuation

Market Cap

371.4M

Price/Earnings (Trailing)

21.69

Price/Sales (Trailing)

12.46

EV/EBITDA

17.38

Price/Free Cashflow

20.37

NVEC Price/Sales (Trailing)

NVEC Profitability

Operating Margin

77.28%

EBT Margin

68.67%

Return on Equity

26.12%

Return on Assets

25.64%

Free Cashflow Yield

4.91%

NVEC Fundamentals

NVEC Revenue

Revenue (TTM)

29.8M

Rev. Growth (Yr)

-44.65%

Rev. Growth (Qtr)

4.84%

NVEC Earnings

Earnings (TTM)

17.1M

Earnings Growth (Yr)

-53.68%

Earnings Growth (Qtr)

-8.88%

Breaking Down NVEC Revenue

Last 7 days

1.5%

Last 30 days

-6.5%

Last 90 days

-5.4%

Trailing 12 Months

-13.3%

How does NVEC drawdown profile look like?

NVEC Financial Health

Current Ratio

32.05

NVEC Investor Care

Dividend Yield

5.21%

Dividend/Share (TTM)

Shares Dilution (1Y)

0.06%

Diluted EPS (TTM)

3.55

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	29.8M	0	0	0
2023	38.3M	39.7M	36.2M	35.5M
2022	27.0M	27.2M	31.1M	32.2M
2021	21.4M	23.9M	26.4M	26.1M
2020	25.4M	23.7M	21.6M	21.7M
2019	26.5M	25.7M	24.7M	24.9M
2018	29.9M	29.4M	29.9M	28.8M
2017	28.3M	29.2M	28.9M	28.8M
2016	27.7M	26.1M	26.1M	27.6M
2015	30.6M	30.5M	29.5M	29.2M
2014	25.9M	28.2M	29.2M	29.0M
2013	27.0M	25.7M	27.2M	27.2M
2012	28.6M	27.8M	27.1M	27.4M
2011	31.2M	32.2M	31.0M	29.2M
2010	28.1M	28.9M	29.7M	30.4M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Tracking the Latest Insider Buys and Sells of NVE Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jan 25, 2024	glarner terrence	sold	-21,634	78.67	-275	-
Jan 22, 2024	glarner terrence	acquired	21,736	79.04	275	-
May 15, 2023	hollister patricia m	sold	-172,397	86.1985	-2,000	-
May 15, 2023	hollister patricia m	acquired	117,550	58.775	2,000	-
May 10, 2023	baker daniel a	sold	-1,743,400	87.17	-20,000	president and ceo
May 09, 2023	kramp richard w	acquired	50,226	87.35	575	-
Mar 03, 2023	glarner terrence	sold	-78,160	78.16	-1,000	-
Mar 03, 2023	glarner terrence	acquired	57,460	57.46	1,000	-
May 09, 2022	bracke james w	bought	4,630	46.3	100	-
Feb 04, 2022	bracke james w	bought	5,800	58.00	100	-

Which funds bought or sold NVEC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.85	-18,282	43,286	-%
May 15, 2024	QUADRANT CAPITAL GROUP LLC	added	1,480	28,292	29,940	-%
May 15, 2024	ASHFORD CAPITAL MANAGEMENT INC	reduced	-66.56	-1,414,290	883,313	0.12%
May 15, 2024	DEUTSCHE BANK AG\	added	110	1,264,520	2,152,510	-%
May 15, 2024	STATE STREET CORP	added	6.88	3,271,290	17,563,300	-%
May 15, 2024	AMERIPRISE FINANCIAL INC	added	35.58	1,014,010	2,828,410	-%
May 15, 2024	MORGAN STANLEY	reduced	-36.71	-467,930	1,251,040	-%
May 15, 2024	Royal Bank of Canada	reduced	-79.18	-89,000	28,000	-%
May 15, 2024	BARCLAYS PLC	reduced	-48.72	-212,000	302,000	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-49.87	-163,880	223,015	-%

Are Funds Buying or Selling NVEC?

Are funds buying NVEC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NVEC

No. of Funds

Unveiling NVE Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.37%	259,465	SC 13G
Feb 13, 2024	kayne anderson rudnick investment management llc	9.35%	451,690	SC 13G/A
Feb 07, 2024	royce & associates lp	10.03%	485,023	SC 13G/A
Jan 26, 2024	blackrock inc.	7.2%	346,622	SC 13G
Jan 24, 2024	royce & associates lp	9.98%	482,523	SC 13G/A
Feb 14, 2023	kayne anderson rudnick investment management llc	9.28%	448,347	SC 13G/A
Feb 09, 2023	vanguard group inc	4.58%	221,209	SC 13G/A
Jan 24, 2023	royce & associates lp	11.42%	551,514	SC 13G/A
Jul 08, 2022	blackrock inc.	2.0%	98,832	SC 13G
Mar 08, 2022	royce & associates lp	10.19%	492,628	SC 13G/A

Recent SEC filings of NVE Corp

View All Filings

Date Filed	Form Type	Document
May 15, 2024	SD	SD
May 13, 2024	8-K	Current Report
May 01, 2024	8-K	Current Report
May 01, 2024	4	Insider Trading
May 01, 2024	10-K	Annual Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 13, 2024	SC 13G	Major Ownership Report

Peers (Alternatives to NVE Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NVDA	2.3T	60.9B	10.07%	191.98%	77.7	37.96	125.85%	581.31%
AMD	265.8B	22.8B	6.78%	52.38%	238.19	11.66	-1.16%	182.53%
AMAT	176.3B	26.5B	6.15%	63.32%	24.63	6.66	0.88%	10.98%
INTC	135.5B	55.2B	-10.79%	7.24%	33.33	2.45	-2.09%	242.32%
ADI	106.2B	11.6B	13.06%	11.40%	37.72	9.18	-8.03%	-17.90%
MID-CAP
AMKR	8.0B	6.4B	8.57%	42.27%	21.55	1.26	-8.17%	-41.71%
CRUS	5.9B	1.8B	29.10%	38.79%	33.72	3.32	-11.16%	-46.12%
ACLS	3.7B	1.1B	11.41%	-21.58%	14.74	3.27	16.34%	32.25%
DIOD	3.4B	1.5B	9.17%	-21.86%	19.88	2.26	-24.64%	-48.42%
AMBA	2.0B	226.5M	12.25%	-31.97%	-11.85	8.86	-32.92%	-159.10%
SMALL-CAP
ACMR	1.5B	635.7M	-14.73%	144.10%	16.67	2.3	51.02%	67.91%
AOSL	780.7M	657.5M	31.66%	1.34%	-82.59	1.19	-9.15%	-119.91%
AEHR	329.3M	71.9M	2.15%	-64.28%	21.38	4.58	14.14%	8.17%
ATOM	119.4M	550.0K	-21.28%	-51.16%	-6.09	217.05	43.98%	-6.63%
ASYS	75.7M	108.8M	12.21%	-40.21%	-3.53	0.7	1.54%	-244.16%

NVE Corp News

Latest updates

NVE Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	4.8%	7,083	6,756	7,133	8,831	12,798	7,402	10,718	7,336	6,720	6,291	6,823	7,153	5,863	6,533	4,381	4,589	6,151	6,465	6,502	6,295	5,589
Cost Of Revenue	28.3%	1,738	1,355	1,600	2,080	2,529	1,478	2,403	1,652	1,564	1,385	1,544	1,770	1,269	1,075	941	836	1,187	1,264	1,346	1,092	1,298
Gross Profit	-1.0%	5,345	5,401	5,533	6,752	10,268	5,923	8,315	5,685	5,155	4,906	5,279	5,384	4,594	5,458	3,439	3,753	4,964	5,201	5,156	5,203	4,291
Operating Expenses	38.1%	1,285	930	914	1,384	1,364	1,104	1,106	973	1,061	869	1,191	1,275	1,077	1,014	1,174	1,236	1,311	1,099	1,295	1,303	1,269
S&GA Expenses	-	-	-	-	-	-	-	436	371	247	272	483	467	292	311	358	355	291	328	368	330	249
R&D Expenses	50.0%	811	541	683	696	611	701	670	602	813	596	708	808	786	702	816	881	1,019	771	927	973	1,020
EBITDA Margin	-2.7%	0.70*	0.72*	0.71*	0.71*	0.71*	0.70*	0.69*	0.68*	0.66*	0.67*	0.68*	0.68*	0.69*	0.69*	0.68*	-	-	-	-	-	-
Income Taxes	-2.9%	756	778	408	1,401	1,080	994	1,470	854	581	856	737	819	714	885	444	504	715	814	495	751	624
Earnings Before Taxes	-7.9%	4,569	4,963	5,131	5,805	9,312	5,225	7,561	4,994	4,397	4,321	4,383	4,399	3,849	4,810	2,667	2,916	4,081	4,545	4,317	4,359	3,482
EBT Margin	-3.2%	0.69*	0.71*	0.70*	0.70*	0.71*	0.69*	0.68*	0.67*	0.65*	0.65*	0.66*	0.66*	0.67*	0.67*	0.66*	-	-	-	-	-	-
Net Income	-8.9%	3,813	4,184	4,724	4,404	8,233	4,231	6,090	4,140	3,816	3,465	3,647	3,580	3,134	3,926	2,222	2,412	3,366	3,731	3,822	3,607	-8,041
Net Income Margin	-5.3%	0.57*	0.61*	0.60*	0.58*	0.59*	0.57*	0.56*	0.55*	0.54*	0.53*	0.54*	0.54*	0.55*	0.55*	0.54*	-	-	-	-	-	-
Free Cashflow	-33.8%	3,132	4,730	5,347	5,021	4,314	4,515	6,020	3,307	2,979	2,656	3,110	3,275	4,785	2,976	2,369	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.3%	67.00	68.00	68.00	68.00	69.00	66.00	68.00	65.00	67.00	68.00	70.00	72.00	73.00	74.00	75.00	79.00	79.00	81.00	82.00	84.00	84.00
Current Assets	13.6%	33.00	29.00	25.00	26.00	31.00	22.00	26.00	38.00	42.00	40.00	41.00	34.00	24.00	33.00	34.00	33.00	34.00	29.00	22.00	24.00	27.00
Cash Equivalents	119.5%	10.00	5.00	7.00	1.00	2.00	2.00	4.00	13.00	10.00	9.00	11.00	9.00	10.00	14.00	4.00	6.00	8.00	10.00	14.00	13.00	7.00
Inventory	-2.6%	7.00	7.00	7.00	6.00	6.00	6.00	6.00	6.00	5.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
Net PPE	-	-	-	1.00	-	1.00	-	0.00	0.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00
Liabilities	17.8%	1.00	1.00	1.00	2.00	2.00	2.00	4.00	2.00	3.00	2.00	2.00	3.00	2.00	1.00	1.00	2.00	2.00	-	1.00	1.00	1.00
Current Liabilities	27.9%	1.00	1.00	1.00	1.00	2.00	2.00	3.00	1.00	2.00	1.00	1.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Shareholder's Equity	-1.6%	66.00	67.00	66.00	67.00	67.00	63.00	64.00	64.00	65.00	66.00	68.00	70.00	71.00	73.00	74.00	77.00	78.00	80.00	81.00	82.00	83.00
Retained Earnings	-2.1%	47.00	48.00	48.00	49.00	49.00	46.00	46.00	45.00	46.00	47.00	48.00	49.00	50.00	52.00	53.00	56.00	58.00	60.00	61.00	62.00	63.00
Additional Paid-In Capital	0.1%	20.00	20.00	20.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	20.00	20.00	20.00	20.00
Accumulated Depreciation	0.7%	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	10.00	11.00	10.00	10.00	10.00
Shares Outstanding	0.0%	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	-	-	-	-	-
Float	-	268	-	-	-	169	-	-	-	-	-	200	-	-	-	147	-	-	-	208	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-33.8%	3,132	4,730	5,360	5,025	4,343	5,398	6,020	3,331	3,405	2,640	3,158	3,300	4,834	2,990	2,369	3,172	3,359	5,116	2,883	4,538	2,540
Share Based Compensation	-	-	-	-	-	-	-	40.00	7.00	9.00	9.00	57.00	7.00	4.00	4.00	34.00	3.00	-	-	-	-	-
Cashflow From Investing	437.1%	7,300	-2,165	4,987	-541	149	-2,120	-10,904	4,349	3,074	16.00	3,952	-25.68	-3,561	11,986	-	-	-25.96	-4,192	3,000	6,470	2,977
Cashflow From Financing	0.0%	-4,833	-4,833	-4,833	-4,713	-4,851	-4,830	-4,830	-4,830	-4,997	-4,833	-4,833	-4,833	-4,833	-4,833	-4,926	-4,835	-5,421	-4,846	-4,846	-4,846	-4,846
Dividend Payments	-100.0%	-	4,833	4,833	4,831	4,831	4,831	4,831	4,831	4,834	4,833	4,833	4,833	4,833	4,833	4,835	4,835	4,846	4,846	4,846	4,846	4,846
Buy Backs	-	-	-	-	-	-	-	-	-	164	-	-	-	-	-	91.00	-	-	-	-	-	-

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NVEC Income Statement

2024-03-31

STATEMENTS OF INCOME - USD ($)	12 Months Ended
STATEMENTS OF INCOME - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Revenue
Product sales	$ 29,218,063	$ 37,196,717
Contract research and development	586,116	1,056,875
Total revenue	29,804,179	38,253,592
Cost of sales	6,772,533	8,062,311
Gross profit	23,031,646	30,191,281
Expenses
Research and development	2,731,434	2,583,994
Selling, general, and administrative	1,771,833	1,963,105
Credit loss expense	9,514	0
Total expenses	4,512,781	4,547,099
Income from operations	18,518,865	25,644,182
Interest income	1,948,720	1,448,655
Income before taxes	20,467,585	27,092,837
Provision for income taxes	3,342,886	4,398,379
Net income	$ 17,124,699	$ 22,694,458
Net income per share - basic	$ 3.54	$ 4.7
Net income per share - diluted	3.54	4.7
Cash dividends declared per common share	$ 4	$ 4
Weighted average shares outstanding
Weighted Average Number of Shares Outstanding, Basic	4,833,146	4,830,826
Weighted Average Number of Shares Outstanding, Diluted	4,839,705	4,832,096

NVEC Balance Sheet

2024-03-31

BALANCE SHEETS - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Current assets
Cash and cash equivalents	$ 10,283,550	$ 1,669,896
Marketable securities, short-term (amortized cost of $12,283,630 as of March 31, 2024, and $15,696,135 as of March 31, 2023)	11,917,779	15,513,095
Accounts receivable, net of allowance for credit losses of $15,000	3,144,833	6,523,344
Inventories	7,158,585	6,417,010
Prepaid expenses and other assets	689,349	663,459
Total current assets	33,194,096	30,786,804
Fixed assets
Machinery and equipment	10,501,096	10,484,365
Leasehold improvements	1,956,309	1,956,309
Less accumulated depreciation and amortization	11,403,383	11,095,236
Net fixed assets	1,054,022	1,345,438
Deferred tax assets	1,453,704	572,038
Marketable securities, long-term (amortized cost of $31,417,890 as of March 31, 2024, and $37,495,846 as of March 31, 2023)	30,788,301	36,125,047
Right-of-use asset - operating lease	289,910	425,843
Total assets	66,780,033	69,255,170
Current liabilities
Accounts payable	127,154	281,712
Accrued payroll and other	729,215	1,375,250
Operating lease	179,372	175,798
Total current liabilities	1,035,741	1,832,760
Operating lease	175,775	342,908
Total liabilities	1,211,516	2,175,668
Shareholders' equity
Common Stock, Value	48,337	48,308
Additional paid-in capital	19,554,812	19,295,442
Accumulated other comprehensive income (loss)	(777,637)	(1,213,858)
Retained earnings	46,743,005	48,949,610
Total shareholders' equity	65,568,517	67,079,502
Total liabilities and shareholders' equity	$ 66,780,033	$ 69,255,170

About NVE Corp

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position, rotation, or speed for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers for power conversion and industrial Internet of Things (IIoT) market; and DC-to-DC convertors for use in power conversion systems and industrial networks for the IIoT. In addition, it undertakes contracts for research and development, and licensing of spintronic magnetoresistive random access memory technology. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.

CEO	Dr. Daniel A. Baker Ph.D.
WEBSITE	nve.com
INDUSTRY	Semiconductors
EMPLOYEES	51

NVE Corp Frequently Asked Questions

What is the ticker symbol for NVE Corp? What does NVEC stand for in stocks?

NVEC is the stock ticker symbol of NVE Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of NVE Corp (NVEC)?

As of Fri May 17 2024, market cap of NVE Corp is 371.37 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NVEC stock?

You can check NVEC's fair value in chart for subscribers.

What is the fair value of NVEC stock?

You can check NVEC's fair value in chart for subscribers. The fair value of NVE Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of NVE Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NVEC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is NVE Corp a good stock to buy?

The fair value guage provides a quick view whether NVEC is over valued or under valued. Whether NVE Corp is cheap or expensive depends on the assumptions which impact NVE Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NVEC.

What is NVE Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, NVEC's PE ratio (Price to Earnings) is 21.69 and Price to Sales (PS) ratio is 12.46. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NVEC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on NVE Corp's stock?

In the past 10 years, NVE Corp has provided 0.093 (multiply by 100 for percentage) rate of return.