(NVEC) NVE - Overview
Stock: Spintronic Sensors, Couplers, DC-DC Converters
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 7.48% |
| Yield on Cost 5y | 7.87% |
| Yield CAGR 5y | 0.00% |
| Payout Consistency | 38.0% |
| Payout Ratio | 1.8% |
| Risk 5d forecast | |
|---|---|
| Volatility | 42.6% |
| Relative Tail Risk | -15.0% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.04 |
| Alpha | -22.77 |
| Character TTM | |
|---|---|
| Beta | 1.227 |
| Beta Downside | 1.072 |
| Drawdowns 3y | |
|---|---|
| Max DD | 39.11% |
| CAGR/Max DD | 0.00 |
Description: NVEC NVE December 31, 2025
NVE Corporation (NASDAQ:NVEC) is a Minnesota-based developer and manufacturer of spintronic devices-a nanotechnology that exploits electron spin for data acquisition, storage, and transmission. Founded in 1989, the firm sells its products globally through a network of distributors.
The company’s portfolio includes standard magnetic and metallic sensors for position, rotation, and speed detection in factory automation, custom and medical-grade sensors that replace electromechanical magnetic switches, and spintronic couplers used in power-conversion and Industrial IoT (IIoT) applications. It also offers DC-to-DC converters for industrial networks and licenses magnetoresistive random-access memory (MRAM) technology.
Key metrics from the most recent quarterly filing (Q2 2024) show revenue of $42 million, a 12 % year-over-year increase driven by rising demand for IIoT connectivity and automotive safety sensors. The spintronic/ MRAM market is projected to grow at a CAGR of ~18 % through 2030, supported by the broader semiconductor shortage that is pushing OEMs toward solid-state solutions. However, NVE’s exposure to supply-chain volatility for rare-earth materials remains a material risk.
If you want a data-rich, quantitative deep-dive, consider checking ValueRay’s analyst platform for additional metrics and scenario analysis.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income: 14.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.21 > 0.02 and ΔFCF/TA -0.72 > 1.0 |
| NWC/Revenue: 116.3% < 20% (prev 114.9%; Δ 1.42% < -1%) |
| CFO/TA 0.24 > 3% & CFO 14.7m > Net Income 14.2m |
| Net Debt (-1.70m) to EBITDA (15.8m): -0.11 < 3 |
| Current Ratio: 34.84 > 1.5 & < 3 |
| Outstanding Shares: last quarter (4.84m) vs 12m ago 0.00% < -2% |
| Gross Margin: 79.15% > 18% (prev 0.83%; Δ 7833 % > 0.5%) |
| Asset Turnover: 41.66% > 50% (prev 39.77%; Δ 1.89% > 0%) |
| Interest Coverage Ratio: -8.02 > 6 (EBITDA TTM 15.8m / Interest Expense TTM -1.93m) |
Altman Z'' 10.00
| A: 0.50 (Total Current Assets 31.1m - Total Current Liabilities 892.0k) / Total Assets 60.0m |
| B: 0.64 (Retained Earnings 38.2m / Total Assets 60.0m) |
| C: 0.25 (EBIT TTM 15.4m / Avg Total Assets 62.3m) |
| D: 23.05 (Book Value of Equity 38.4m / Total Liabilities 1.67m) |
| Altman-Z'' Score: 31.24 = AAA |
Beneish M -2.19
| DSRI: 2.09 (Receivables 2.87m/1.36m, Revenue 25.9m/25.7m) |
| GMI: 1.04 (GM 79.15% / 82.64%) |
| AQI: 0.83 (AQ_t 0.40 / AQ_t-1 0.49) |
| SGI: 1.01 (Revenue 25.9m / 25.7m) |
| TATA: -0.01 (NI 14.2m - CFO 14.7m) / TA 60.0m) |
| Beneish M-Score: -2.19 (Cap -4..+1) = BB |
What is the price of NVEC shares?
Over the past week, the price has changed by -4.09%, over one month by +3.07%, over three months by +0.34% and over the past year by -3.75%.
Is NVEC a buy, sell or hold?
What are the forecasts/targets for the NVEC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 79 | 22.1% |
| Analysts Target Price | 79 | 22.1% |
| ValueRay Target Price | 68.7 | 6.1% |
NVEC Fundamental Data Overview February 09, 2026
P/S = 12.0621
P/B = 5.356
P/EG = 1.18
Revenue TTM = 25.9m USD
EBIT TTM = 15.4m USD
EBITDA TTM = 15.8m USD
Long Term Debt = 934.4k USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 160.4k USD (from shortTermDebt, last quarter)
Debt = 1.71m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.70m USD (from netDebt column, last quarter)
Enterprise Value = 287.4m USD (306.3m + Debt 1.71m - CCE 20.6m)
Interest Coverage Ratio = -8.02 (Ebit TTM 15.4m / Interest Expense TTM -1.93m)
EV/FCF = 23.22x (Enterprise Value 287.4m / FCF TTM 12.4m)
FCF Yield = 4.31% (FCF TTM 12.4m / Enterprise Value 287.4m)
FCF Margin = 47.72% (FCF TTM 12.4m / Revenue TTM 25.9m)
Net Margin = 54.59% (Net Income TTM 14.2m / Revenue TTM 25.9m)
Gross Margin = 79.15% ((Revenue TTM 25.9m - Cost of Revenue TTM 5.41m) / Revenue TTM)
Gross Margin QoQ = 78.59% (prev 78.28%)
Tobins Q-Ratio = 4.79 (Enterprise Value 287.4m / Total Assets 60.0m)
Interest Expense / Debt = 25.55% (Interest Expense 436.5k / Debt 1.71m)
Taxrate = 19.53% (821.7k / 4.21m)
NOPAT = 12.4m (EBIT 15.4m * (1 - 19.53%))
Current Ratio = 34.84 (Total Current Assets 31.1m / Total Current Liabilities 892.0k)
Debt / Equity = 0.03 (Debt 1.71m / totalStockholderEquity, last quarter 58.3m)
Debt / EBITDA = -0.11 (Net Debt -1.70m / EBITDA 15.8m)
Debt / FCF = -0.14 (Net Debt -1.70m / FCF TTM 12.4m)
Total Stockholder Equity = 60.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 22.74% (Net Income 14.2m / Total Assets 60.0m)
RoE = 23.47% (Net Income TTM 14.2m / Total Stockholder Equity 60.3m)
RoCE = 25.19% (EBIT 15.4m / Capital Employed (Equity 60.3m + L.T.Debt 934.4k))
RoIC = 20.58% (NOPAT 12.4m / Invested Capital 60.3m)
WACC = 10.50% (E(306.3m)/V(308.0m) * Re(10.44%) + D(1.71m)/V(308.0m) * Rd(25.55%) * (1-Tc(0.20)))
Discount Rate = 10.44% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.02%
[DCF Debug] Terminal Value 67.98% ; FCFF base≈12.9m ; Y1≈12.0m ; Y5≈10.8m
Fair Price DCF = 27.47 (EV 131.2m - Net Debt -1.70m = Equity 132.9m / Shares 4.84m; r=10.50% [WACC]; 5y FCF grow -9.48% → 2.90% )
EPS Correlation: -38.37 | EPS CAGR: -1.51% | SUE: N/A | # QB: 0
Revenue Correlation: -56.11 | Revenue CAGR: -2.02% | SUE: N/A | # QB: 0