Obermatt

NVE

NAQ:NVEC · US6294452064
Semiconductors & Semiconductor EquipmentSmall

360

85
Medium confidence — indicative
Profit price17
Owner Earnings Yield58
Dividend Yield1
Price/Sales28
EV / Gross Profit14
Price/Book40
Return on Capital95
Cash Return on Capital96
Return on Equity93
EBIT Margin100
Gross Profitability89
Cash Conversion34
Accruals35
Owner Earnings Margin100
Sales growth37
Profit Growth65
Long-Term EPS Growth46
Owner Earnings Growth73
Reinvestment17
Price momentum35
Debt load89
Refinancing65
Debt Payback100
Liquidity71
Analyst ratings9
Expectations trend50
Market mood59
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

NVE clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustrySemiconductors & Semiconductor Equipment
SizeSmall
TypePublic Company
ExchangeNASDAQCM
Employees29
Websitenve.com
ISINUS6294452064
Last UpdateApr 2, 2026
Themes
Electric VehicleArtificial IntelligenceBiomedical EngineeringIndustrial AutomationSensorsEnergy StorageMachine LearningDetectors, Sensors and Mems

Description

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store, and transmit information. The company manufactures high-performance spintronic products, in…

Analysis

Quality compounder

NVE Corporation earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 40.8×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is sturdy. The company scores 12/20 on our value-creation score: creating some value.

Flags to be aware of: Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →