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51.22 (1y: -4%)
Market Cap 248.57 M P/E(ttm) 21.10
Enterprise Value 236.35 M P/B 3.00
NVEC- NAS (USA)
NVE Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$51.22
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

vs
industry		 vs
history
Cash to Debt No Debt
NVEC's Cash to Debt is ranked higher than
64% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 10000.00 vs. NVEC: No Debt )
NVEC' s 10-Year Cash to Debt Range
Min: 0.73   Max: No Debt
Current: No Debt
Equity to Asset 0.98
NVEC's Equity to Asset is ranked higher than
100% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 0.59 vs. NVEC: 0.98 )
NVEC' s 10-Year Equity to Asset Range
Min: 0.13   Max: 0.98
Current: 0.98
0.13
0.98
Interest Coverage No Debt
NVEC's Interest Coverage is ranked higher than
69% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 10000.00 vs. NVEC: No Debt )
NVEC' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 5
Z-Score: 86.57
M-Score: -2.89
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 49.90
NVEC's Operating margin (%) is ranked higher than
99% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.60 vs. NVEC: 49.90 )
NVEC' s 10-Year Operating margin (%) Range
Min: -31.7   Max: 84.2
Current: 49.9
-31.7
84.2
Net-margin (%) 39.8
NVEC's Net-margin (%) is ranked higher than
99% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.40 vs. NVEC: 39.8 )
NVEC' s 10-Year Net-margin (%) Range
Min: -30   Max: 121.7
Current: 39.8
-30
121.7
ROE (%) 14
NVEC's ROE (%) is ranked higher than
87% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.00 vs. NVEC: 14 )
NVEC' s 10-Year ROE (%) Range
Min: -441.2   Max: 437.2
Current: 14
-441.2
437.2
ROA (%) 13.7
NVEC's ROA (%) is ranked higher than
93% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.20 vs. NVEC: 13.7 )
NVEC' s 10-Year ROA (%) Range
Min: -58.4   Max: 425.7
Current: 13.7
-58.4
425.7
ROC (Joel Greenblatt) (%) 180.30
NVEC's ROC (Joel Greenblatt) (%) is ranked higher than
98% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 4.80 vs. NVEC: 180.30 )
NVEC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -327   Max: 17084.2
Current: 180.3
-327
17084.2
Revenue Growth (%) 4.8
NVEC's Revenue Growth (%) is ranked higher than
83% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 4.80 vs. NVEC: 4.8 )
NVEC' s 10-Year Revenue Growth (%) Range
Min: -47.9   Max: 16.9
Current: 4.8
-47.9
16.9
EBITDA Growth (%) 1.4
NVEC's EBITDA Growth (%) is ranked higher than
88% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 5.00 vs. NVEC: 1.4 )
NVEC' s 10-Year EBITDA Growth (%) Range
Min: -66.1   Max: 53.7
Current: 1.4
-66.1
53.7
EPS Growth (%) 3.5
NVEC's EPS Growth (%) is ranked higher than
89% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.90 vs. NVEC: 3.5 )
NVEC' s 10-Year EPS Growth (%) Range
Min: 0   Max: 73.2
Current: 3.5
0
73.2
ยป NVEC's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

NVEC Guru Trades in Q2 2012

Bill Frels 299,505 sh (+14.48%)
Joel Greenblatt 5,539 sh (-18.42%)
» More
Q3 2012

NVEC Guru Trades in Q3 2012

Bill Frels 308,925 sh (+3.15%)
Joel Greenblatt Sold Out
» More
Q4 2012

NVEC Guru Trades in Q4 2012

Jim Simons 7,000 sh (New)
Joel Greenblatt 5,616 sh (New)
Bill Frels 365,490 sh (+18.31%)
» More
Q1 2013

NVEC Guru Trades in Q1 2013

Joel Greenblatt 11,841 sh (+110.84%)
Bill Frels 531,274 sh (+45.36%)
Jim Simons 7,600 sh (+8.57%)
» More
» Details

Insider Trades

Latest Guru Trades with NVEC

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 Add 110.84%0.02%$52.77 - $56.42 $ 51.22-7%11841
Joel Greenblatt 2012-12-31 New Buy0.02%$47.58 - $61.07 $ 51.22-5%5616
Joel Greenblatt 2012-09-30 Sold Out 0.02%$49.56 - $60.2 $ 51.22-7%0
Joel Greenblatt 2012-03-31 New Buy0.03%$50.99 - $57.97 $ 51.220%6790
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 21.10
NVEC's P/E(ttm) is ranked higher than
72% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 18.76 vs. NVEC: 21.10 )
NVEC' s 10-Year P/E(ttm) Range
Min: 0.2   Max: 219
Current: 21.1
0.2
219
P/B 3.00
NVEC's P/B is ranked lower than
80% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.28 vs. NVEC: 3.00 )
NVEC' s 10-Year P/B Range
Min: 0.93   Max: 83.93
Current: 3
0.93
83.93
P/S 9.22
NVEC's P/S is ranked lower than
97% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.10 vs. NVEC: 9.22 )
NVEC' s 10-Year P/S Range
Min: 0.65   Max: 26.72
Current: 9.22
0.65
26.72
PFCF 24.10
NVEC's PFCF is ranked lower than
55% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 15.69 vs. NVEC: 24.10 )
NVEC' s 10-Year PFCF Range
Min: 0.83   Max: 5.1233E+17
Current: 24.1
0.83
5.1233E+17
EV-to-EBIT 15.6
NVEC's EV-to-EBIT is ranked higher than
79% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 14.70 vs. NVEC: 15.6 )
NVEC' s 10-Year EV-to-EBIT Range
Min: 0.4   Max: 284.1
Current: 15.6
0.4
284.1
PEG 2.3
NVEC's PEG is ranked higher than
98% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.93 vs. NVEC: 2.3 )
NVEC' s 10-Year PEG Range
Min: 0.19   Max: 3.74
Current: 2.3
0.19
3.74
Shiller P/E 22.2
NVEC's Shiller P/E is ranked higher than
93% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 14.80 vs. NVEC: 22.2 )
NVEC' s 10-Year Shiller P/E Range
Min: 2.43   Max: 187.04
Current: 22.2
2.43
187.04

Valuation & Return

vs
industry		 vs
history
Price/Net Cash 14.3
NVEC's Price/Net Cash is ranked higher than
97% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 5.30 vs. NVEC: 14.3 )
NVEC' s 10-Year Price/Net Cash Range
Min: 6.5   Max: 559
Current: 14.3
6.5
559
Price/Net Current Asset Value 34.6
NVEC's Price/Net Current Asset Value is ranked higher than
98% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 6.80 vs. NVEC: 34.6 )
NVEC' s 10-Year Price/Net Current Asset Value Range
Min: 1.3   Max: 76.9
Current: 34.6
1.3
76.9
Price/Tangible Book 3.1
NVEC's Price/Tangible Book is ranked higher than
86% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.40 vs. NVEC: 3.1 )
NVEC' s 10-Year Price/Tangible Book Range
Min: 3.2   Max: 71.4
Current: 3.1
3.2
71.4
Price/DCF (Projected) 1.3
NVEC's Price/DCF (Projected) is ranked lower than
72% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.10 vs. NVEC: 1.3 )
NVEC' s 10-Year Price/DCF (Projected) Range
Min: 1.3   Max: 16.2
Current: 1.3
1.3
16.2
Price/Median PS Value 1.2
NVEC's Price/Median PS Value is ranked higher than
95% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 0.80 vs. NVEC: 1.2 )
NVEC' s 10-Year Price/Median PS Value Range
Min: 0.2   Max: 2.4
Current: 1.2
0.2
2.4
Price/Peter Lynch Fair Value 3.4
NVEC's Price/Peter Lynch Fair Value is ranked lower than
73% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.70 vs. NVEC: 3.4 )
NVEC' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.6   Max: 3
Current: 3.4
0.6
3
Price/Graham Number 1.7
NVEC's Price/Graham Number is ranked higher than
89% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 1.10 vs. NVEC: 1.7 )
NVEC' s 10-Year Price/Graham Number Range
Min: 0.6   Max: 10
Current: 1.7
0.6
10
Earnings Yield (Greenblatt) 6.40
NVEC's Earnings Yield (Greenblatt) is ranked higher than
86% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 5.60 vs. NVEC: 6.40 )
NVEC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.4   Max: 231.4
Current: 6.4
0.4
231.4
Forward Rate of Return (Yacktman) 9.67
NVEC's Forward Rate of Return (Yacktman) is ranked higher than
88% of the 622 Companies
in the Global Semiconductors industry.

( Industry Median: 2.30 vs. NVEC: 9.67 )
NVEC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -4.3   Max: 65.9
Current: 9.67
-4.3
65.9

Business Description

NVE Corporation is a Minnesota corporation founded in 1989. It develops and sells devices that use spintronics, a nanotechnology used to acquire, store and transmit information. The Company also receives contracts for research and development. It is a licensor of spintronic magnetoresistive random access memory technology, commonly known as MRAM. Its major products are Sensor, Coupler and MRAM products. Its sensor products detect the strength or gradient of magnetic fields used to determine position or speed. The Company's sensors are quite small, very sensitive to magnetic fields, precise, and reliable. The Company's spintronic couplers combine a GMR sensor element and an 'IsoLoop' integrated microscopic coil. The coil creates a small magnetic field that is picked up by the spintronic sensor, transmitting data almost instantly. Couplers are also known as 'isolators' because they electrically isolate the coupled systems. Its IsoLoop couplers are much faster than the fastest optical couplers. The Company has four lines of coupler products i.e. cost-effective IL500-Series couplers, IL600-Series passive-input couplers, IL700/IL200-Series digital-input couplers and IL400/IL3000-Series isolated network couplers. MRAM uses spintronics to store data. It has been called the ideal or universal memory because of its potential to combine the speed of SRAM, the density of DRAM, and the nonvolatility of flash memory. It has invented several types of MRAM memory cells including inventions related to advanced MRAM designs and MRAM for tamper prevention or detection. The Company's strategy is to grow its product sales by broadening its sensor and coupler product lines in order to target larger markets. The Company is subject to environmental laws and regulations, particularly with respect to industrial waste and emissions.
Company Website
SEC Reports
Industry: Semiconductors
Compare:INTC, TSM, BRCM, ARMH, ADI
Traded in other countries:NVK.Germany
ยป More Articles for NVEC

Headlines

Articles On GuruFocus.com
Mairs & Power Funds Buys Hormel Buys HRL, MDT, PG, DIS, WAG, NVEC, IWR, SCHB, Sells SSYS, SRDX, ADP, Feb 17 2011 
NVE Corp. Reports Operating Results (10-Q) Jan 19 2011 
NVE Corp. Reports Operating Results (10-Q) Jul 21 2010 
NVE Corp. Reports Operating Results (10-K) May 05 2010 
2009 Forbes 200 Best Small Companies (Part I): Lumber Liquidators, Allegiant Travel, Quality Systems Nov 11 2009 
NVE Corp. Reports Operating Results (10-Q) Oct 21 2009 
NVE Corp. (NVEC) CFO Curt A Reynders sells 1,000 Shares Sep 15 2009 
NVE Corp. Reports Operating Results (10-Q) Jul 22 2009 
NVE Corp. Reports Operating Results (10-Q) Jan 22 2009 

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