Nova (FRA:NMR) Interest Coverage: N/A (As of Mar. 2026)


FRA:NMR Nova Ltd FRA:NMR
94 GF Score
Price €452.40
GF Value €256.85
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Nova Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Nova's Operating Income for the three months ended in Mar. 2026 was €61.3 Mil. Nova's Interest Expense for the three months ended in Mar. 2026 was €0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Nova's Interest Coverage or its related term are showing as below:

FRA:NMR' s Interest Coverage Range Over the Past 10 Years
Min: 26.58   Med: 116.58   Max: No Debt
Current: 79.18


FRA:NMR's Interest Coverage is ranked better than
71.23% of 636 companies
in the Semiconductors industry
Industry Median: 20.225 vs FRA:NMR: 79.18

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Nova  (FRA:NMR) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Nova Interest Coverage Related Terms


Nova Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nova's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Nova Interest Coverage Chart

Nova Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.57 116.97 103.05 116.22 76.87

Nova Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 N/A N/A N/A 18.42 N/A

FRA:NMR vs ONTO, AMKR, FORM: Interest Coverage Comparison

For the Semiconductor Equipment & Materials subindustry, Nova's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Nova's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nova's Interest Coverage falls into.


FRA:NMR
94GF Score
Nova Ltd FRA:NMR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nova Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Nova's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Nova's Interest Expense was €-2.8 Mil. Its Operating Income was €216.5 Mil. And its Long-Term Debt & Capital Lease Obligation was €675.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*216.462/-2.816
=76.87

Nova's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Nova's Interest Expense was €0.0 Mil. Its Operating Income was €61.3 Mil. And its Long-Term Debt & Capital Lease Obligation was €50.2 Mil.

GuruFocus does not calculate Nova's interest coverage with the available data.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Is Nova (FRA:NMR) Overvalued in 2026?

Based on GuruFocus' analysis, Nova stock appears to be overvalued. The current stock price of €452.40 is trading 76.1% above its estimated GF Value™ of €256.85. GuruFocus considers Nova to be Significantly Overvalued.

Key valuation signals for FRA:NMR:

  • Interest Coverage: N/A
  • GF Value™: €256.85 vs. price of €452.40 (76.1% above fair value)
  • GF Score™: 94/100 with 7 warning signs

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


Nova Business Description

Other Exchanges NVMI:USANVMI:Israel0YAA:UK
Address 5 David Fikes Street, 10th Floor, Rehovot, ISR, 7632805
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.
94GF Score

Get the complete analysis for FRA:NMR

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

€452.40
Price
€256.85
GF Value