NovaFRA:NMR +1.20%93 Net Margin % is 29.43% as of Mar. 2026, which is 34% above its 10-year median of 22.01. GuruFocus rates FRA:NMR with a GF Score™ of 93/100 and a GF Value™ of €271.63 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,023 Semiconductors companies, Nova ranks better than 93.45% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Nova's Net Income for the
three
months ended in Mar. 2026 was €59.9 Mil. Nova's Revenue for the
three
months ended in Mar. 2026 was €203.5 Mil. Therefore, Nova's net margin for the quarter that ended in Mar. 2026 was 29.43%.
The historical rank and industry rank for Nova's Net Margin % or its related term are showing as below:
FRA:NMR'
s Net Margin % Range Over the Past 10 Years
Min: 5.88 Med: 22.01 Max: 29.44
Current: 29.21
FRA:NMR's Net Margin % is ranked better than 93.45% of 1023
companies
in the Semiconductors industry
Industry Median: 4.17
vs FRA:NMR: 29.21
Nova (FRA:NMR) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Nova Net Margin % Related Terms
Nova Net Margin % Historical Data
* Premium members only.
The historical data trend for Nova's Net Margin % 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.
FRA:NMR vs AMKR, ONTO, ENTG: Net Margin % Comparison
For the Semiconductor Equipment & Materials subindustry, Nova's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Nova's Net Margin % distribution charts can be found below:
* The bar in red indicates where Nova's Net Margin % falls into.
* 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 (FRA:NMR) has a Net Margin % of 29.43% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Nova and its competitors. This is 34% above median its historical median of 22.01. Over the past decade, Nova's Net Margin % has ranged from 5.88 to 29.44. According to the industry distribution chart, Nova ranks #67 out of 1023 companies in the Semiconductors industry, placing it in the top 6.5%.
Is Nova's Net Margin % too high?
Nova's current Net Margin % of 29.43% is 34% above median its 10-year median of 22.01. Over the past 10 years, this metric has ranged from a low of 5.88 to a high of 29.44. The Semiconductors industry median Net Margin % is 4.17. Nova's value of 29.43% is 605.8% above this industry median. Based on the distribution chart, Nova ranks #67 out of 1023 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Nova has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nova's Net Margin % compare to AMKR and ONTO?
According to the Semiconductors industry distribution chart, Nova ranks #67 out of 1023 companies for Net Margin %. This places Nova in the top 7% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.17. Nova's value of 29.43% is 605.8% above this benchmark. Historically, Nova's own Net Margin % has ranged from 5.88 to 29.44 over the past decade. While the company's 10-year median is 22.01 vs. the industry median of 4.17, 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 Net Margin % for a Semiconductors company?
The median Net Margin % among Semiconductors companies is 4.17, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nova's current Net Margin % of 29.43% is 605.8% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Nova and its competitors. For the Semiconductors industry, the median Net Margin % is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova's current Net Margin % is 29.43%, which is 34% above median its own 10-year median of 22.01. 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 (FRA:NMR) is currently considered Significantly Overvalued. The stock's GF Value™ is €271.63, compared to a current price of €472.20 — trading 73.8% above its estimated fair value. The current Net Margin % is 29.43%, which is 34% above median its 10-year median of 22.01 and 605.8% above the Semiconductors industry median of 4.17. Nova's overall GF Score™ is 93/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Nova (FRA:NMR), the current Net Margin % is 29.43% as of Mar. 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 (FRA:NMR) Overvalued in 2026?
Based on GuruFocus' analysis, Nova stock appears to be overvalued.
The current stock price of €472.20 is trading 73.8% above its estimated GF Value™ of €271.63.
GuruFocus considers Nova to be Significantly Overvalued.
Key valuation signals for FRA:NMR:
Net Margin %: 29.43% (34% above median its 10-year median of 22.01)
GF Value™: €271.63 vs. price of €472.20 (73.8% above fair value)
Industry Position: 605.8% above the Semiconductors median (#67 of 1023)
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 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.
93GF Score
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