NVE (NVEC) EV-to-OCF: 32.42 (As of Aug. 11, 2026) — 49% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NVEC NVE Corp NVEC
69 GF Score
Price $116.73
GF Value $80.75
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is NVE EV-to-OCF?

NVE NVEC -1.14% 69 EV-to-OCF is 32.42 as of Aug. 11, 2026, which is 49% above its 10-year median of 21.82. GuruFocus rates NVEC with a GF Score™ of 69/100 and a GF Value™ of $80.75 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,030 Semiconductors companies, NVE ranks worse than 68.35% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, NVE's Enterprise Value is $543.78 Mil. NVE's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $16.77 Mil. Therefore, NVE's EV-to-OCF for today is 32.42.

The historical rank and industry rank for NVE's EV-to-OCF or its related term are showing as below:

NVEC' s EV-to-OCF Range Over the Past 10 Years
Min: 13.06   Med: 21.82   Max: 41.54
Current: 32.42

During the past 13 years, the highest EV-to-OCF of NVE was 41.54. The lowest was 13.06. And the median was 21.82.

NVEC's EV-to-OCF is ranked worse than
68.35% of 1030 companies
in the Semiconductors industry
Industry Median: 13.865 vs NVEC: 32.42

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-08-11), NVE's stock price is $116.73. NVE's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $3.720. Therefore, NVE's PE Ratio (TTM) for today is 31.38.


NVE  (NAS:NVEC) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

NVE's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=116.73/3.720
=31.38

NVE's share price for today is $116.73.
NVE'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 $3.720.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


NVE EV-to-OCF Related Terms


NVE EV-to-OCF Historical Data

* Premium members only.

The historical data trend for NVE's EV-to-OCF 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.

NVE EV-to-OCF Chart

NVE Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.59 20.13 22.69 20.09 17.88

NVE Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF 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 24.99 20.89 18.24 17.88 28.90

NVEC vs LAES, INDI, MRAM: EV-to-OCF Comparison

For the Semiconductors subindustry, NVE's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Semiconductors Industry

For the Semiconductors industry and Technology sector, NVE's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where NVE's EV-to-OCF falls into.


NVEC
69GF Score
NVE Corp NVEC
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NVE EV-to-OCF Calculation

NVE's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=543.778/16.774
=32.42

NVE's current Enterprise Value is $543.78 Mil.
NVE's Cash Flow from Operations 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 $16.77 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 32.42 mean?
NVE (NVEC) has a EV-to-OCF of 32.42 as of Aug. 11, 2026. This is 49% above median its historical median of 21.82. Over the past decade, NVE's EV-to-OCF has ranged from 13.06 to 41.54. According to the industry distribution chart, NVE ranks #704 out of 1030 companies in the Semiconductors industry, placing it in the top 68.3%.
Is NVE's EV-to-OCF too high?
NVE's current EV-to-OCF of 32.42 is 49% above median its 10-year median of 21.82. Over the past 10 years, this metric has ranged from a low of 13.06 to a high of 41.54. The Semiconductors industry median EV-to-OCF is 13.87. NVE's value of 32.42 is 133.8% above this industry median. Based on the distribution chart, NVE ranks #704 out of 1030 companies in the Semiconductors industry, which is below the industry midpoint. Overall, NVE has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NVE's EV-to-OCF compare to LAES and INDI?
According to the Semiconductors industry distribution chart, NVE ranks #704 out of 1030 companies for EV-to-OCF. This places NVE in the lower half of its industry. The industry median EV-to-OCF is 13.87. NVE's value of 32.42 is 133.8% above this benchmark. Historically, NVE's own EV-to-OCF has ranged from 13.06 to 41.54 over the past decade. While the company's 10-year median is 21.82 vs. the industry median of 13.87, NVE 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-OCF for a Semiconductors company?
The median EV-to-OCF among Semiconductors companies is 13.87, based on 1,030 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NVE's current EV-to-OCF of 32.42 is 133.8% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median EV-to-OCF is 13.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NVE's current EV-to-OCF is 32.42, which is 49% above median its own 10-year median of 21.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NVE stock overvalued right now?
Based on GuruFocus' analysis, NVE (NVEC) is currently considered Significantly Overvalued. The stock's GF Value™ is $80.75, compared to a current price of $116.73 — trading 44.6% above its estimated fair value. The current EV-to-OCF is 32.42, which is 49% above median its 10-year median of 21.82 and 133.8% above the Semiconductors industry median of 13.87. NVE's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For NVE (NVEC), the current EV-to-OCF is 32.42 as of Aug. 11, 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 NVE (NVEC) Overvalued in 2026?

Based on GuruFocus' analysis, NVE stock appears to be overvalued. The current stock price of $116.73 is trading 44.6% above its estimated GF Value™ of $80.75. GuruFocus considers NVE to be Significantly Overvalued.

Key valuation signals for NVEC:

  • EV-to-OCF: 32.42 (49% above median its 10-year median of 21.82)
  • GF Value™: $80.75 vs. price of $116.73 (44.6% above fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 133.8% above the Semiconductors median (#704 of 1030)

No single metric tells the full story. See the NVEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NVE Business Description

Other Exchanges NVK:Germany
Address 11409 Valley View Road, Eden Prarie, MN, USA, 55344
NVE Corp is engaged in developing and selling devices that use spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store, and transmit information. 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.
69GF Score

Get the complete analysis for NVEC

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$116.73
Price
$80.75
GF Value