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NovaNVMI -0.46%98 EV-to-EBITDA is 40.59 as of Aug. 20, 2026, which is 80% above its 10-year median of 22.57. GuruFocus rates NVMI with a GF Score™ of 98/100 and a GF Value™ of $327.69 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 768 Semiconductors companies, Nova ranks worse than 67.19% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Nova's enterprise value is $11,991.9 Mil.
Nova's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $295.4 Mil. Therefore, Nova's EV-to-EBITDA for today is 40.59.
The historical rank and industry rank for Nova's EV-to-EBITDA or its related term are showing as below:
NVMI'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.68 Med: 22.57 Max: 69.57
Current: 40.59
During the past 13 years, the highest EV-to-EBITDA of Nova was 69.57. The lowest was 6.68. And the median was 22.57.
NVMI's EV-to-EBITDA is ranked worse than 67.19% of 768
companies
in the Semiconductors industry
Industry Median: 22.085
vs NVMI: 40.59
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-08-20), Nova's stock price is $383.93.
Nova's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $8.080. Therefore, Nova's PE Ratio (TTM) for today is 47.52.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Nova's share price for today is $383.93.
Nova's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.080.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Nova's EV-to-EBITDA 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.
For the Semiconductor Equipment & Materials subindustry, Nova's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Nova's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Nova's EV-to-EBITDA falls into.
Nova's current Enterprise Value is $11,991.9 Mil.
Nova's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $295.4 Mil.
* 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 (NVMI) has a EV-to-EBITDA of 40.59 as of Aug. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Nova. This is 80% above median its historical median of 22.57. Over the past decade, Nova's EV-to-EBITDA has ranged from 6.68 to 69.57. According to the industry distribution chart, Nova ranks #516 out of 768 companies in the Semiconductors industry, placing it in the top 67.2%.
Is Nova's EV-to-EBITDA too high?
Nova's current EV-to-EBITDA of 40.59 is 80% above median its 10-year median of 22.57. Over the past 10 years, this metric has ranged from a low of 6.68 to a high of 69.57. The Semiconductors industry median EV-to-EBITDA is 22.09. Nova's value of 40.59 is 83.8% above this industry median. Based on the distribution chart, Nova ranks #516 out of 768 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Nova has a GF Score™ of 98/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nova's EV-to-EBITDA compare to ONTO and AMKR?
According to the Semiconductors industry distribution chart, Nova ranks #516 out of 768 companies for EV-to-EBITDA. This places Nova in the lower half of its industry. The industry median EV-to-EBITDA is 22.09. Nova's value of 40.59 is 83.8% above this benchmark. Historically, Nova's own EV-to-EBITDA has ranged from 6.68 to 69.57 over the past decade. While the company's 10-year median is 22.57 vs. the industry median of 22.09, Nova has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Semiconductors company?
The median EV-to-EBITDA among Semiconductors companies is 22.09, based on 768 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nova's current EV-to-EBITDA of 40.59 is 83.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Nova. For the Semiconductors industry, the median EV-to-EBITDA is 22.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova's current EV-to-EBITDA is 40.59, which is 80% above median its own 10-year median of 22.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova stock overvalued right now?
Based on GuruFocus' analysis, Nova (NVMI) is currently considered Modestly Overvalued. The stock's GF Value™ is $327.69, compared to a current price of $383.93 — trading 17.2% above its estimated fair value. The current EV-to-EBITDA is 40.59, which is 80% above median its 10-year median of 22.57 and 83.8% above the Semiconductors industry median of 22.09. Nova's overall GF Score™ is 98/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Nova (NVMI), the current EV-to-EBITDA is 40.59 as of Aug. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nova (NVMI) Overvalued in 2026?
Based on GuruFocus' analysis, Nova stock appears to be overvalued.
The current stock price of $383.93 is trading 17.2% above its estimated GF Value™ of $327.69.
GuruFocus considers Nova to be Modestly Overvalued.
Key valuation signals for NVMI:
EV-to-EBITDA: 40.59 (80% above median its 10-year median of 22.57)
GF Value™: $327.69 vs. price of $383.93 (17.2% above fair value)
Industry Position: 83.8% above the Semiconductors median (#516 of 768)
No single metric tells the full story. See the NVMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nova Ltd is a provider of metrology and process control solutions used in semiconductor manufacturing. The company provides high-performance metrology solutions across the semiconductor fabrication lifecycle and develops differentiated inline metrology solutions deployed by a broad range of customers, including integrated circuit manufacturers. Its portfolio combines high-precision hardware and software, enabling customers to improve device performance, enhance yields, and accelerate time to market. Its products include Dimensional Metrology, Materials Metrology, Chemical Metrology, and Software Solutions. The company operates in China, Taiwan, R.O.C., the United States and other regions, with maximum revenue coming from China.
98GF Score
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