NVE (NVEC) GF Value Rank : 6 (As of Apr. 28, 2024)

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What is NVE GF Value Rank?

NVE has the GF Value Rank of 6.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of NVE's GF Value Rank

For the Semiconductors subindustry, NVE's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.

NVE's GF Value Rank Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, NVE's GF Value Rank distribution charts can be found below:

* The bar in red indicates where NVE's GF Value Rank falls into.

NVE GF Value Rank Related Terms

Thank you for viewing the detailed overview of NVE's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

NVE (NVEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NVE Corp (NAS:NVEC) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

NVK:Germany

Address

11409 Valley View Road, Eden Prarie, MN, USA, 55344

Website

https://www.nve.com

NVE Corp develops and sells devices that use spintronics, a nanotechnology that relies on electron spin. It manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. The company's products include Digital sensors, Medical sensors, Rotation Sensors, GT Sensors, Angle Sensors, Analog sensors, MSOP Isolators, Passive-In Transceivers, and others. The company manufactures high-performance spintronic products including sensors and couplers. The company's designs are based on giant magnetoresistance GMR and tunneling magnetoresistance TMR combined with integrated circuitry.

Executives

Patricia M Hollister	director	3455 LYMAN BLVD, CHASKA MN 55318-3052
Daniel A Baker	director, officer: President and CEO	11409 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344-3617
Terrence Glarner	director	160 MONTROSE PLACE, ST. PAUL MN 55104
James W Bracke	director	15411 MASON POINTE, EDEN PRAIRIE MN 55347
Curt A Reynders	officer: Chief Financial Officer	11409 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
James D Hartman	director
Richard W Kramp	director	174 STONEBRIDGE ROAD, ST. PAUL MN 55118
Gary R Maharaj	director	9924 WEST 74TH STREET, EDEN PRAIRIE MN 55344
Robert Irish	director	17910-39TH PLACE NORTH, PLYMOUTH MN 55446
Daughton James Dr	director, 10 percent owner, officer: Chief Technology Officer
Richard George	officer: Chief Financial Officer
Wells Fargo & Company/mn	10 percent owner	420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Partners Itasca	10 percent owner	3600 IDS CENTER, 80 SOUTH EIGHT ST, MINNEAPOLIS MN 55402
Norwest Equity Partners Iv Lp /mn/	10 percent owner	3600 IDS CENTER 80 SOUTH EIGHTH STREET, MINNEAPOLIS MN 554026
Still George J Jr	10 percent owner	NORWEST VENTURE PARTNERS, 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301