NVEC - NVE Corp Stock Price, Fair Value and News

81.08USD+0.70 (+0.87%)Delayed as of 25 Apr 2024, 09:46 am ET

Market Summary

USD81.08+0.70

Delayedas of 25 Apr 2024, 09:46 am

0.87%

NVEC Stock Price

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NVEC RSI Chart

NVEC Valuation

Market Cap

388.5M

Price/Earnings (Trailing)

18.03

Price/Sales (Trailing)

10.94

EV/EBITDA

15.09

Price/Free Cashflow

20.01

NVEC Price/Sales (Trailing)

NVEC Profitability

Operating Margin

78.70%

EBT Margin

70.98%

Return on Equity

32.35%

Return on Assets

31.86%

Free Cashflow Yield

NVEC Fundamentals

NVEC Revenue

Revenue (TTM)

35.5M

Rev. Growth (Yr)

-8.72%

Rev. Growth (Qtr)

-5.29%

NVEC Earnings

Earnings (TTM)

21.5M

Earnings Growth (Yr)

-1.11%

Earnings Growth (Qtr)

-11.41%

Breaking Down NVEC Revenue

52 Week Range

73.45100.19

(Low)(High)

Last 7 days

-2.2%

Last 30 days

-6.7%

Last 90 days

0.0%

Trailing 12 Months

11.2%

How does NVEC drawdown profile look like?

NVEC Financial Health

Current Ratio

36.08

NVEC Investor Care

Dividend Yield

4.77%

Shares Dilution (1Y)

0.05%

Diluted EPS (TTM)

4.47

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

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>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

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
Apr 23, 2024	Gradient Investments LLC	sold off	-100	-235	-	-%
Apr 23, 2024	FIFTH THIRD BANCORP	sold off	-100	-627	-	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-75.04	-36,000	15,000	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	new	-	392,914	392,914	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	-9,360	197,879	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	unchanged	-	123,398	947,070	-%
Apr 19, 2024	AZZAD ASSET MANAGEMENT INC /ADV	added	1.85	56,592	387,267	0.04%
Apr 19, 2024	NORDEN GROUP LLC	new	-	1,365,340	1,365,340	0.01%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	reduced	-37.26	-148,604	384,798	-%
Apr 18, 2024	WOLFF WIESE MAGANA LLC	unchanged	-	129	992	-%

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
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 13, 2024	SC 13G	Major Ownership Report
Feb 07, 2024	SC 13G/A	Major Ownership Report
Jan 26, 2024	SC 13G	Major Ownership Report
Jan 26, 2024	4	Insider Trading
Jan 24, 2024	SC 13G/A	Major Ownership Report
Jan 24, 2024	4	Insider Trading
Jan 24, 2024	144	Notice of Insider Sale Intent
Jan 17, 2024	8-K	Current Report
Jan 17, 2024	10-Q	Quarterly 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	2.0T	60.9B	-16.13%	203.64%	66.93	32.7	125.85%	581.31%
AMD	245.2B	22.7B	-15.05%	81.07%	287.1	10.81	-3.90%	-35.30%
AMAT	162.9B	26.5B	-5.95%	77.25%	22.76	6.15	0.88%	10.98%
INTC	145.9B	54.2B	-17.52%	19.46%	86.36	2.69	-14.00%	-78.92%
ADI	97.4B	11.6B	3.08%	8.48%	34.61	8.42	-8.03%	-17.90%
MID-CAP
AMKR	7.3B	6.5B	-6.31%	35.54%	20.41	1.13	-8.30%	-53.02%
CRUS	4.7B	1.8B	-4.42%	2.64%	26.43	2.6	-11.16%	-46.12%
DIOD	3.3B	1.7B	4.30%	-11.05%	14.34	1.96	-16.94%	-31.42%
ACLS	3.2B	1.1B	-9.92%	-17.03%	13.07	2.85	22.89%	34.51%
AMBA	1.7B	226.5M	-17.15%	-33.89%	-10.29	7.7	-32.92%	-159.10%
SMALL-CAP
ACMR	1.7B	557.7M	-6.66%	192.92%	21.9	3.04	43.44%	97.00%
AOSL	599.8M	640.0M	-1.76%	-9.32%	-34.98	0.94	-19.44%	-128.49%
AEHR	322.1M	71.9M	-2.02%	-53.83%	20.91	4.48	14.14%	8.17%
ATOM	151.7M	550.0K	-5.00%	9.20%	-7.67	275.88	43.98%	-13.47%
ASYS	69.1M	116.7M	-8.29%	-42.71%	-3.6	0.59	15.07%	-240.88%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-5.3%	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	6,269
Cost Of Revenue	-15.3%	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	1,169
Gross Profit	-2.4%	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	5,100
Operating Expenses	1.8%	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	1,396
S&GA Expenses	-	-	-	-	-	-	436	371	247	272	483	467	292	311	358	355	291	328	368	330	249	269
R&D Expenses	-20.8%	541	683	696	611	701	670	602	813	596	708	808	786	702	816	881	1,019	771	927	973	1,020	1,127
EBITDA Margin	0.8%	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*	0.69*	-	-	-	-	-	-
Income Taxes	90.8%	778	408	1,401	1,080	994	1,470	854	581	856	737	819	714	885	444	504	715	814	495	751	624	740
Earnings Before Taxes	-3.3%	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	4,161
EBT Margin	0.8%	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*	0.67*	-	-	-	-	-	-
Net Income	-11.4%	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	3,421
Net Income Margin	1.6%	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*	0.56*	-	-	-	-	-	-
Free Cashflow	-11.5%	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	3,172	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.1%	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	85.00
Current Assets	16.3%	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	31.00
Cash Equivalents	-32.6%	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	6.00
Inventory	5.5%	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	4.00
Net PPE	-100.0%	-	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	1.00
Liabilities	-15.8%	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	-15.8%	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	1.00
Shareholder's Equity	0.2%	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	84.00
Retained Earnings	-1.3%	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	65.00
Additional Paid-In Capital	0.1%	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	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	10.00	11.00	10.00	10.00	10.00	10.00
Shares Outstanding	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	-	-	-	-	169	-	-	-	-	-	200	-	-	-	147	-	-	-	208	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-11.7%	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	3,409
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	-143.4%	-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	1,500
Cashflow From Financing	0%	-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	-4,750
Dividend Payments	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	4,844
Buy Backs	-	-	-	-	-	-	-	-	164	-	-	-	-	-	91.00	-	-	-	-	-	-	-

NVEC Income Statement

2023-12-31

STATEMENTS OF INCOME (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
STATEMENTS OF INCOME (Unaudited) - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Revenue
Product sales	$ 6,366,009	$ 7,200,385	$ 22,183,223	$ 24,787,885
Contract research and development	390,251	201,293	537,727	668,024
Total revenue	6,756,260	7,401,678	22,720,950	25,455,909
Cost of sales	1,355,067	1,478,372	5,034,556	5,533,000
Gross profit	5,401,193	5,923,306	17,686,394	19,922,909
Expenses
Research and development	540,895	700,609	1,920,095	1,972,505
Selling, general, and administrative	389,311	403,449	1,298,211	1,210,395
Total expenses	930,206	1,104,058	3,227,820	3,182,900
Provision for credit losses			9,514	0
Income from operations	4,470,987	4,819,248	14,458,574	16,740,009
Interest income	491,671	406,092	1,440,289	1,040,528
Income before taxes	4,962,658	5,225,340	15,898,863	17,780,537
Provision for income taxes	778,236	994,016	2,587,145	3,318,723
Net income	$ 4,184,422	$ 4,231,324	$ 13,311,718	$ 14,461,814
Net income per share - basic	$ 0.87	$ 0.88	$ 2.75	$ 2.99
Net income per share - diluted	0.87	0.88	2.75	2.99
Cash dividends declared per common share	$ 1.00	$ 1.00	$ 3.00	$ 3.00
Weighted average shares outstanding
Weighted Average Number of Shares Outstanding, Basic	4,833,401	4,830,826	4,832,992	4,830,826
Weighted Average Number of Shares Outstanding, Diluted	4,837,230	4,832,368	4,839,725	4,831,168

NVEC Balance Sheet

2023-12-31

BALANCE SHEETS (December 31, 2023 Unaudited) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Current assets
Cash and cash equivalents	$ 4,684,910	$ 1,669,896
Marketable securities, short-term (amortized cost of $14,556,450 as of December 31, 2023, and $15,696,135 as of March 31, 2023)	14,335,619	15,513,095
Accounts receivable, net of allowance for credit losses of $15,000	2,245,728	6,523,344
Inventories	7,349,811	6,417,010
Prepaid expenses and other assets	597,305	663,459
Total current assets	29,213,373	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	11,326,985	11,095,236
Net fixed assets	1,130,420	1,345,438
Deferred tax assets	1,290,284	572,038
Marketable securities, long-term (amortized cost of $36,414,391 as of December 31, 2023, and $37,495,846 as of March 31, 2023)	35,670,914	36,125,047
Right-of-use asset - operating lease	324,451	425,843
Total assets	67,629,442	69,255,170
Current liabilities
Accounts payable	170,701	281,712
Accrued payroll and other	460,414	1,375,250
Operating lease	178,490	175,798
Total current liabilities	809,605	1,832,760
Operating lease	218,785	342,908
Total liabilities	1,028,390	2,175,668
Shareholders' equity
Common Stock, Value	48,334	48,308
Additional paid-in capital	19,542,335	19,295,442
Accumulated other comprehensive loss	(753,317)	(1,213,858)
Retained earnings	47,763,700	48,949,610
Total shareholders' equity	66,601,052	67,079,502
Total liabilities and shareholders' equity	$ 67,629,442	$ 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 Wed Apr 24 2024, market cap of NVE Corp is 388.51 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 Wed Apr 24 2024, NVEC's PE ratio (Price to Earnings) is 18.03 and Price to Sales (PS) ratio is 10.94. 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 0.095 (multiply by 100 for percentage) rate of return.