NVE Corporation

$ 110.46 8.54 %

NVE Corporation specializes in the development and sale of advanced devices that leverage spintronics, a nanotechnology harnessing electron spin for the acquisition, storage, and transmission of information. The company's operations span both domestic and international markets. Its core offerings include spintronic sensors and couplers, fundamental components for data acquisition and transfer. The sensor portfolio comprises standard models, predominantly used in factory automation to detect magnetic or metallic materials and ascertain position or speed. Furthermore, NVE crafts custom and medical-grade sensors, designed for integration into medical equipment, where they replace conventional electromechanical magnetic switches. Spintronic couplers are also provided, specifically tailored for applications within the Industrial Internet of Things (IIoT). Beyond its product lines, NVE engages in contract-based research and development and licenses its groundbreaking spintronic magnetoresistive random access memory (MRAM) technology. Established in 1989, NVE Corporation is headquartered in Eden Prairie, Minnesota.

CEO: Daniel A. Baker - https://www.nve.com

Price objectif

-

Recommandation

-

DCF

$ 31.78

Loading data...

NVEC vs S&P500

Loading data...

No data available.

Quick ratio

22.00

suggests a healthy liquidity position, showing that the company can likely meet its short-term obligations.

P/E ratio

35.18

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

3.14

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

25.61 %

is generally considered excellent, indicating that the company is generating strong profits with its equity.

ROIC

22.68 %

generates a return higher than the cost of its capital, thereby creating value for its investors.

WACC

10.58

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.02

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

2.99

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

127.30 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

Loading data...

No data available.

Financials

Piotroski score
5 indicates moderate financial health
Altman score
125.45 indicates good financial health and low risk of bankruptcy
Loading data...

No data available.

Cash / Debt

Cash Ratio
1.50 indicates that the company has sufficient cash to cover its short-term debts
Debt Ratio
0.01 indicates that the company uses little debt to finance its assets, suggesting good financial stability
Loading data...

No data available.

Free Cash Flow

Loading data...

No data available.

Earnings Per Share (annual)

Loading data...

No data available.

Sales

Loading data...

No data available.