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NovaNVMI +0.18%97 EV-to-OCF is 55.55 as of Sep. 09, 2026, which is 117% above its 10-year median of 25.58. GuruFocus rates NVMI with a GF Score™ of 97/100 and a GF Value™ of $332.47 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,038 Semiconductors companies, Nova ranks worse than 81.21% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Nova's Enterprise Value is $11,798.9 Mil.
Nova's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $212.4 Mil. Therefore, Nova's EV-to-OCF for today is 55.55.
The historical rank and industry rank for Nova's EV-to-OCF or its related term are showing as below:
NVMI'
s EV-to-OCF Range Over the Past 10 Years
Min: -96.84 Med: 25.58 Max: 91.1
Current: 55.55
During the past 13 years, the highest EV-to-OCF of Nova was 91.10. The lowest was -96.84. And the median was 25.58.
NVMI's EV-to-OCF is ranked worse than 81.21% of 1038
companies
in the Semiconductors industry
Industry Median: 13.02
vs NVMI: 55.55
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 (2026-09-09), Nova's stock price is $377.80.
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 46.76.
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.
Nova's share price for today is $377.80.
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.
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.
Nova EV-to-OCF Related Terms
Nova EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Nova'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.
For the Semiconductor Equipment & Materials subindustry, Nova'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.
Nova EV-to-OCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Nova's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Nova's EV-to-OCF falls into.
Nova's current Enterprise Value is $11,798.9 Mil.
Nova'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 $212.4 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-OCF of 55.55 as of Sep. 09, 2026. This is 117% above median its historical median of 25.58. According to the industry distribution chart, Nova ranks #843 out of 1038 companies in the Semiconductors industry, placing it in the top 81.2%.
Is Nova's EV-to-OCF too high?
Nova's current EV-to-OCF of 55.55 is 117% above median its 10-year median of 25.58. The Semiconductors industry median EV-to-OCF is 13.02. Nova's value of 55.55 is 326.7% above this industry median. Based on the distribution chart, Nova ranks #843 out of 1038 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Nova has a GF Score™ of 97/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nova's EV-to-OCF compare to AMKR and ONTO?
According to the Semiconductors industry distribution chart, Nova ranks #843 out of 1038 companies for EV-to-OCF. This places Nova in the lower half of its industry. The industry median EV-to-OCF is 13.02. Nova's value of 55.55 is 326.7% above this benchmark. While the company's 10-year median is 25.58 vs. the industry median of 13.02, 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-OCF for a Semiconductors company?
The median EV-to-OCF among Semiconductors companies is 13.02, based on 1,038 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. Nova's current EV-to-OCF of 55.55 is 326.7% 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 13.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova's current EV-to-OCF is 55.55, which is 117% above median its own 10-year median of 25.58. 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 $332.47, compared to a current price of $377.80 — trading 13.6% above its estimated fair value. The current EV-to-OCF is 55.55, which is 117% above median its 10-year median of 25.58 and 326.7% above the Semiconductors industry median of 13.02. Nova's overall GF Score™ is 97/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Nova (NVMI), the current EV-to-OCF is 55.55 as of Sep. 09, 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 $377.80 is trading 13.6% above its estimated GF Value™ of $332.47.
GuruFocus considers Nova to be Modestly Overvalued.
Key valuation signals for NVMI:
EV-to-OCF: 55.55 (117% above median its 10-year median of 25.58)
GF Value™: $332.47 vs. price of $377.80 (13.6% above fair value)
Industry Position: 326.7% above the Semiconductors median (#843 of 1038)
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.
97GF Score
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