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Nova (NVMI) FCF Yield % : 2.10 (As of Apr. 29, 2024)


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What is Nova FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Nova's Trailing 12-Month Free Cash Flow is $106.3 Mil, and Market Cap is $5,052.0 Mil. Therefore, Nova's FCF Yield % for today is 2.10%.

The historical rank and industry rank for Nova's FCF Yield % or its related term are showing as below:

NVMI' s FCF Yield % Range Over the Past 10 Years
Min: -1.85   Med: 3.35   Max: 9.97
Current: 2.1


During the past 13 years, the highest FCF Yield % of Nova was 9.97%. The lowest was -1.85%. And the median was 3.35%.

NVMI's FCF Yield % is ranked better than
68.2% of 1000 companies
in the Semiconductors industry
Industry Median: -0.33 vs NVMI: 2.10

Nova's FCF Margin % for the quarter that ended in Dec. 2023 was 16.39%.


Nova FCF Yield % Historical Data

The historical data trend for Nova's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nova FCF Yield % Chart

Nova Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.83 2.70 3.04 4.19 2.67

Nova Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.03 2.71 2.48 5.29 2.21

Competitive Comparison of Nova's FCF Yield %

For the Semiconductor Equipment & Materials subindustry, Nova's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nova's FCF Yield % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nova's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Nova's FCF Yield % falls into.



Nova FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Nova's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=106.343 / 3986.205982
=2.67%

Nova's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=22.004 * 4 / 3986.205982
=2.21%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nova FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Nova FCF Yield % Related Terms

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Nova (NVMI) Business Description

Traded in Other Exchanges
Address
5 David Fikes Street, Rehovot, ISR, 7632805
Nova Ltd is a semiconductor equipment manufacturer. The company provides metrology solutions for process control used in semiconductor manufacturing. The company offers in-line optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems. The product range consists of Nova 2040, Nova 3090Next, Nova i500 and i500 Plus, Nova T500, Nova T600, Nova V2600, HelioSense 100, Nova Hybrid Metrology solution, NovaMars. The company generates majority of its revenue from Taiwan, R.O.C. Geographically the company has its business spread across the region of Taiwan, Korea, China, the United States, and Europe.
Executives
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022