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NVE (NVEC) Profitability Rank : 8 (As of Dec. 2023)


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What is NVE Profitability Rank?

NVE has the Profitability Rank of 8. It has a higher profitability and may stay that way.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

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

NVE's Operating Margin % for the quarter that ended in Dec. 2023 was 66.18%. As of today, NVE's Piotroski F-Score is 7.


Competitive Comparison of NVE's Profitability Rank

For the Semiconductors subindustry, NVE's Profitability Rank, along with its competitors' market caps and Profitability 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 Profitability Rank Distribution in the Semiconductors Industry

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

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



NVE Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

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.

NVE has the Profitability Rank of 8. It has a higher profitability and may stay that way.

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

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

NVE's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=4.471 / 6.756
=66.18 %

* 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.

2. Piotroski F-Score

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

NVE has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

NVE Corp operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


NVE Profitability Rank Related Terms

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


NVE (NVEC) Business Description

Traded in Other Exchanges
Address
11409 Valley View Road, Eden Prarie, MN, USA, 55344
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

NVE (NVEC) Headlines

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