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NVE Corp NVEC

Morningstar Rating
$82.20 −1.71 (2.04%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NVEC is trading at a 3% discount.
Price
$84.37
Fair Value
$39.43
Uncertainty
Very High
1-Star Price
$927.66
5-Star Price
$72.64
Economic Moat
Qdxsvkv
Capital Allocation
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Trading Information

Previous Close Price
$83.91
Day Range
$81.6685.45
52-Week Range
$64.14100.19
Bid/Ask
$81.89 / $84.62
Market Cap
$397.31 Mil
Volume/Avg
16,489 / 21,561

Key Statistics

Price/Earnings (Normalized)
18.97
Price/Sales
11.53
Dividend Yield (Trailing)
4.73%
Dividend Yield (Forward)
4.73%
Total Yield
4.73%

Company Profile

NVE Corp develops and sells devices that use spintronics, a nanotechnology that relies on electron spin. 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.
Sector
Technology
Industry
Semiconductors
Stock Style Box
Small Core
Total Number of Employees
56

Comparables

Valuation

Metric
NVEC
MVIS
6616
Price/Earnings (Normalized)
18.9777.81
Price/Book Value
6.142.990.83
Price/Sales
11.5337.020.74
Price/Cash Flow
19.2316.01
Price/Earnings
NVEC
MVIS
6616

Financial Strength

Metric
NVEC
MVIS
6616
Quick Ratio
26.273.642.55
Current Ratio
36.084.234.02
Interest Coverage
−15.84
Quick Ratio
NVEC
MVIS
6616

Profitability

Metric
NVEC
MVIS
6616
Return on Assets (Normalized)
32.00%−54.69%−3.08%
Return on Equity (Normalized)
32.80%−73.90%−4.85%
Return on Invested Capital (Normalized)
30.19%−63.65%−3.27%
Return on Assets
NVEC
MVIS
6616
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Semiconductors Industry Comparables

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Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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AMD
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INTC
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TXN
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MU
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ARM
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ADI
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