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NVEC

NVEC - NVE Corp Stock Price, Fair Value and News

76.30USD-3.05 (-3.84%)Market Closed

Market Summary

NVEC
USD76.30-3.05
Market Closed
-3.84%

NVEC Stock Price

View Fullscreen

NVEC RSI Chart

NVEC Valuation

Market Cap

367.7M

Price/Earnings (Trailing)

21.47

Price/Sales (Trailing)

12.34

EV/EBITDA

17.2

Price/Free Cashflow

20.17

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

4.96%

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

-1.1%

Last 30 days

-1.8%

Last 90 days

-7.0%

Trailing 12 Months

-14.5%

How does NVEC drawdown profile look like?

NVEC Financial Health

Current Ratio

32.05

NVEC Investor Care

Dividend Yield

5.26%

Dividend/Share (TTM)

4

Shares Dilution (1Y)

0.06%

Diluted EPS (TTM)

3.55

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202429.8M000
202338.3M39.7M36.2M35.5M
202227.0M27.2M31.1M32.2M
202121.4M23.9M26.4M26.1M
202025.4M23.7M21.6M21.7M
201926.5M25.7M24.7M24.9M
201829.9M29.4M29.9M28.8M
201728.3M29.2M28.9M28.8M
201627.7M26.1M26.1M27.6M
201530.6M30.5M29.5M29.2M
201425.9M28.2M29.2M29.0M
201327.0M25.7M27.2M27.2M
201228.6M27.8M27.1M27.4M
201131.2M32.2M31.0M29.2M
201028.1M28.9M29.7M30.4M
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Tracking the Latest Insider Buys and Sells of NVE Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 11, 2024
glarner terrence
sold
-15,150
75.7519
-200
-
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
-

1–10 of 19

Which funds bought or sold NVEC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-38.85
-18,282
43,286
-%
May 15, 2024
DEUTSCHE BANK AG\
added
110
1,264,520
2,152,510
-%
May 15, 2024
Tower Research Capital LLC (TRC)
reduced
-86.87
-27,902
4,960
-%
May 15, 2024
Penserra Capital Management LLC
added
13.19
871,000
3,759,000
0.05%
May 15, 2024
Greenwich Investment Management, Inc.
added
132
2,045,000
3,270,000
2.57%
May 15, 2024
AQR CAPITAL MANAGEMENT LLC
added
113
398,783
673,915
-%
May 15, 2024
Man Group plc
sold off
-100
-583,049
-
-%
May 15, 2024
QUADRANT CAPITAL GROUP LLC
added
1,480
28,292
29,940
-%
May 15, 2024
TOWNSQUARE CAPITAL LLC
added
17.9
205,694
784,243
0.01%
May 15, 2024
Crawford Fund Management, LLC
sold off
-100
-2,765,910
-
-%

1–10 of 50

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
144
Notice of Insider Sale Intent
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

Peers (Alternatives to NVE Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
318.3B
79.8B
-85.84% -69.91%
7.47
3.99
208.27% 788.74%
258.4B
22.8B
4.38% 25.56%
231.54
11.33
-1.16% 182.53%
197.2B
26.5B
13.18% 68.22%
26.99
7.44
-0.51% 12.58%
129.6B
55.2B
-1.93% -14.42%
31.88
2.35
-2.09% 242.32%
116.1B
10.5B
10.40% 21.93%
54.24
11.09
-18.69% -40.94%
MID-CAP
8.6B
6.4B
5.32% 30.47%
23.12
1.35
-8.17% -41.71%
6.7B
1.8B
12.17% 58.83%
24.22
3.72
-5.73% 55.39%
4.6B
1.1B
25.96% -18.31%
18.37
4.07
16.34% 32.25%
3.4B
1.5B
1.95% -21.28%
20
2.27
-24.64% -48.42%
2.3B
218.8M
22.90% -35.57%
-13.57
10.64
-29.29% -89.52%
SMALL-CAP
1.6B
635.7M
9.84% 122.96%
17.81
2.46
51.02% 67.91%
857.6M
657.5M
8.18% 3.79%
-90.72
1.3
-9.15% -119.91%
395.8M
71.9M
17.81% -68.18%
25.7
5.51
14.14% 8.17%
104.3M
550.0K
-17.27% -57.03%
-5.32
189.68
43.98% -6.63%
84.8M
108.8M
11.80% -38.45%
-3.96
0.78
1.54% -244.16%

NVE Corp News

Latest updates
Defense World38 hours ago
Seeking Alpha01 May 202407:00 am

NVE Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue4.8%7,0836,7567,1338,83112,7987,40210,7187,3366,7206,2916,8237,1535,8636,5334,3814,5896,1516,4656,5026,2955,589
Cost Of Revenue28.3%1,7381,3551,6002,0802,5291,4782,4031,6521,5641,3851,5441,7701,2691,0759418361,1871,2641,3461,0921,298
Gross Profit-1.0%5,3455,4015,5336,75210,2685,9238,3155,6855,1554,9065,2795,3844,5945,4583,4393,7534,9645,2015,1565,2034,291
Operating Expenses38.1%1,2859309141,3841,3641,1041,1069731,0618691,1911,2751,0771,0141,1741,2361,3111,0991,2951,3031,269
  S&GA Expenses-------436371247272483467292311358355291328368330249
  R&D Expenses50.0%8115416836966117016706028135967088087867028168811,0197719279731,020
EBITDA Margin-2.4%0.70*0.71*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%7567784081,4011,0809941,470854581856737819714885444504715814495751624
Earnings Before Taxes-7.9%4,5694,9635,1315,8059,3125,2257,5614,9944,3974,3214,3834,3993,8494,8102,6672,9164,0814,5454,3174,3593,482
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%3,8134,1844,7244,4048,2334,2316,0904,1403,8163,4653,6473,5803,1343,9262,2222,4123,3663,7313,8223,607-8,041
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%3,1324,7305,3475,0214,3144,5156,0203,3072,9792,6563,1103,2754,7852,9762,369------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.3%67.0068.0068.0068.0069.0066.0068.0065.0067.0068.0070.0072.0073.0074.0075.0079.0079.0081.0082.0084.0084.00
  Current Assets13.6%33.0029.0025.0026.0031.0022.0026.0038.0042.0040.0041.0034.0024.0033.0034.0033.0034.0029.0022.0024.0027.00
    Cash Equivalents119.5%10.005.007.001.002.002.004.0013.0010.009.0011.009.0010.0014.004.006.008.0010.0014.0013.007.00
  Inventory-2.6%7.007.007.006.006.006.006.006.005.004.004.004.004.004.004.004.004.004.004.004.004.00
  Net PPE---1.00-1.00-0.000.001.000.000.000.000.000.000.001.001.001.001.001.001.00
Liabilities17.8%1.001.001.002.002.002.004.002.003.002.002.003.002.001.001.002.002.00-1.001.001.00
  Current Liabilities27.9%1.001.001.001.002.002.003.001.002.001.001.002.001.001.001.001.001.001.001.001.001.00
Shareholder's Equity-1.6%66.0067.0066.0067.0067.0063.0064.0064.0065.0066.0068.0070.0071.0073.0074.0077.0078.0080.0081.0082.0083.00
  Retained Earnings-2.1%47.0048.0048.0049.0049.0046.0046.0045.0046.0047.0048.0049.0050.0052.0053.0056.0058.0060.0061.0062.0063.00
  Additional Paid-In Capital0.1%20.0020.0020.0019.0019.0019.0019.0019.0019.0019.0019.0019.0019.0019.0019.0019.0019.0020.0020.0020.0020.00
Accumulated Depreciation0.7%11.0011.0011.0011.0011.0011.0011.0011.0011.0011.0011.0011.0011.0011.0011.0011.0010.0011.0010.0010.0010.00
Shares Outstanding0.0%5.005.005.005.005.005.005.005.005.005.005.005.005.005.005.005.00-----
Float-268---169-----200---147---208--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-33.8%3,1324,7305,3605,0254,3435,3986,0203,3313,4052,6403,1583,3004,8342,9902,3693,1723,3595,1162,8834,5382,540
  Share Based Compensation-------40.007.009.009.0057.007.004.004.0034.003.00-----
Cashflow From Investing437.1%7,300-2,1654,987-541149-2,120-10,9044,3493,07416.003,952-25.68-3,56111,986---25.96-4,1923,0006,4702,977
Cashflow From Financing0.0%-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 Payments0.0%4,8344,8334,8334,8314,8314,8314,8314,8314,8344,8334,8334,8334,8334,8334,8354,8354,8464,8464,8464,8464,846
  Buy Backs---------164-----91.00------
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NVEC Income Statement

2024-03-31
STATEMENTS OF INCOME - USD ($)
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue  
Product sales$ 29,218,063$ 37,196,717
Contract research and development586,1161,056,875
Total revenue29,804,17938,253,592
Cost of sales6,772,5338,062,311
Gross profit23,031,64630,191,281
Expenses  
Research and development2,731,4342,583,994
Selling, general, and administrative1,771,8331,963,105
Credit loss expense9,5140
Total expenses4,512,7814,547,099
Income from operations18,518,86525,644,182
Interest income1,948,7201,448,655
Income before taxes20,467,58527,092,837
Provision for income taxes3,342,8864,398,379
Net income$ 17,124,699$ 22,694,458
Net income per share - basic$ 3.54$ 4.7
Net income per share - diluted3.544.7
Cash dividends declared per common share$ 4$ 4
Weighted average shares outstanding  
Weighted Average Number of Shares Outstanding, Basic4,833,1464,830,826
Weighted Average Number of Shares Outstanding, Diluted4,839,7054,832,096

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)11,917,77915,513,095
Accounts receivable, net of allowance for credit losses of $15,0003,144,8336,523,344
Inventories7,158,5856,417,010
Prepaid expenses and other assets689,349663,459
Total current assets33,194,09630,786,804
Fixed assets  
Machinery and equipment10,501,09610,484,365
Leasehold improvements1,956,3091,956,309
Less accumulated depreciation and amortization11,403,38311,095,236
Net fixed assets1,054,0221,345,438
Deferred tax assets1,453,704572,038
Marketable securities, long-term (amortized cost of $31,417,890 as of March 31, 2024, and $37,495,846 as of March 31, 2023)30,788,30136,125,047
Right-of-use asset - operating lease289,910425,843
Total assets66,780,03369,255,170
Current liabilities  
Accounts payable127,154281,712
Accrued payroll and other729,2151,375,250
Operating lease179,372175,798
Total current liabilities1,035,7411,832,760
Operating lease175,775342,908
Total liabilities1,211,5162,175,668
Shareholders' equity  
Common Stock, Value48,33748,308
Additional paid-in capital19,554,81219,295,442
Accumulated other comprehensive income (loss)(777,637)(1,213,858)
Retained earnings46,743,00548,949,610
Total shareholders' equity65,568,51767,079,502
Total liabilities and shareholders' equity$ 66,780,033$ 69,255,170
NVEC
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
 WEBSITEnve.com
 INDUSTRYSemiconductors
 EMPLOYEES51

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 Thu Jun 13 2024, market cap of NVE Corp is 367.7 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 Thu Jun 13 2024, NVEC's PE ratio (Price to Earnings) is 21.47 and Price to Sales (PS) ratio is 12.34. 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 0.092 (multiply by 100 for percentage) rate of return.