NVE Corporation (NVEC)
Stock Price:
$57.16 USD
-0.08 (-0.14%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
276.37M |
| Revenue (ttm) |
23.71M |
| Net Income (ttm) |
13.33M |
| Shares Out |
4.84M |
| EPS (ttm) |
2.75 |
| PE Ratio |
20.79 |
| Forward PE |
n/a |
| Dividend |
$4.00 |
| Dividend Yield |
7.00% |
Stock Quote
| Trading Day |
Aug 7, 2020 |
| Last Price |
$57.16 |
| Previous Close |
$57.24 |
| Change ($) |
-0.08 |
| Change (%) |
-0.14% |
| Day's Open |
57.05 |
| Day's Range |
56.72 - 57.98 |
| Day's Volume |
8,202 |
| 52-Week Range |
42.85 - 76.40 |
More Stats
| Market Cap |
276.37M |
| Enterprise Value |
251.58M |
| Earnings Date (est) |
n/a |
| Ex-Dividend Date |
Jul 31, 2020 |
| Shares Outstanding |
4.84M |
| Float |
4.74M |
| EPS (basic) |
2.76 |
| EPS (diluted) |
2.75 |
| FCF / Share |
3.00 |
| Dividend |
$4.00 |
| Dividend Yield |
7.00% |
| Earnings Yield |
4.81% |
| FCF Yield |
5.24% |
| Payout Ratio |
144.90% |
| Shares Short |
65,987 |
| Short Ratio |
3.41 |
| Short % of Float |
1.88% |
| Beta |
1.34 |
| PE Ratio |
20.79 |
| Forward PE |
n/a |
| P/FCF Ratio |
19.07 |
| PS Ratio |
11.66 |
| PB Ratio |
3.51 |
| Revenue |
23.71M |
| Operating Income |
14.13M |
| Net Income |
13.33M |
| Free Cash Flow |
14.49M |
| Net Cash |
24.79M |
| Net Cash / Share |
5.13 |
| Gross Margin |
86.57% |
| Operating Margin |
59.61% |
| Profit Margin |
56.20% |
| FCF Margin |
61.14% |
| ROA |
10.88% |
| ROE |
16.78% |
| ROIC |
22.60% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (0)
| Buy |
0 |
| Overweight |
0 |
| Hold |
0 |
| Underweight |
0 |
| Sell |
0 |
Low
79.0
Current: $57.16
High
79.0
Target: 79.00
*Average 12-month price target from 1 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 25.41 | 26.47 | 29.86 | 28.33 | 27.72 | 30.58 | 25.93 | 27.03 | 28.58 | 31.20 |
| Revenue Growth | -4% | -11.36% | 5.43% | 2.2% | -9.37% | 17.93% | -4.06% | -5.41% | -8.39% | - |
| Gross Profit | 20.52 | 21.26 | 23.59 | 22.25 | 21.10 | 24.56 | 20.21 | 20.01 | 19.25 | 21.41 |
| Operating Income | 15.51 | 15.92 | 18.45 | 17.45 | 16.29 | 19.25 | 14.39 | 15.20 | 14.27 | 17.67 |
| Net Income | 14.53 | 14.51 | 13.91 | 12.95 | 12.29 | 14.37 | 11.14 | 11.83 | 11.38 | 13.36 |
| Shares Outstanding | 4.85 | 4.84 | 4.84 | 4.84 | 4.85 | 4.86 | 4.85 | 4.84 | 4.80 | 4.73 |
| Earnings Per Share | 3.00 | 2.99 | 2.87 | 2.68 | 2.53 | 2.95 | 2.29 | 2.43 | 2.34 | 2.76 |
| EPS Growth | 0.33% | 4.18% | 7.09% | 5.93% | -14.24% | 28.82% | -5.76% | 3.85% | -15.22% | - |
| Dividend Per Share | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 2.06 | - | - | - | - |
| Dividend Growth | 0% | 0% | 0% | 0% | 94.17% | - | - | - | - | - |
| Operating Cash Flow | 15.90 | 14.22 | 15.15 | 12.38 | 14.31 | 14.87 | 12.40 | 12.65 | 12.81 | 12.81 |
| Capital Expenditures | -0.05 | -0.07 | -0.60 | -0.52 | -0.29 | -0.19 | -0.16 | -1.82 | -1.48 | -0.73 |
| Free Cash Flow | 15.84 | 14.15 | 14.55 | 11.86 | 14.02 | 14.69 | 12.24 | 10.82 | 11.33 | 12.08 |
| Cash & Equivalents | 27.15 | 19.37 | 25.52 | 27.79 | 27.23 | 29.54 | 13.62 | 12.22 | 19.10 | 8.92 |
| Total Debt | 0.83 | - | - | - | - | - | - | - | - | - |
| Net Cash / Debt | 26.32 | 19.37 | 25.52 | 27.79 | 27.23 | 29.54 | 13.62 | 12.22 | 19.10 | 8.92 |
| Assets | 79.50 | 83.62 | 87.43 | 93.77 | 101 | 110 | 105 | 95.77 | 83.13 | 71.84 |
| Liabilities | 1.50 | 0.84 | 0.99 | 1.10 | 1.59 | 1.76 | 1.54 | 1.78 | 1.67 | 1.87 |
| Book Value | 78.00 | 82.78 | 86.44 | 92.68 | 99.26 | 108 | 104 | 93.98 | 81.46 | 69.97 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
NVE Corporation |
| Country |
United States |
| Employees |
46 |
| CEO |
Daniel A. Baker |
Stock Information
| Ticker Symbol |
NVEC |
| Stock Exchange |
NASDAQ |
| Sector |
Technology |
| Industry |
Semiconductors |
| Unique Identifier |
NASDAQ: NVEC |
| IPO Date |
September 26, 1996 |
Description
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 or speed primarily 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 industrial Internet of Things market. In addition, it engages in the 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.