Company Overview
NVE Corporation develops and sells devices that use spintronics, a nanotechnology relying on electron spin to acquire, store, and transmit information in the United States. The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position, rotation, or speed for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers for power conversion, industrial Internet of Things (IIoT), and the Artificial Intelligence of Things (AIoT) markets; DC-to-DC converters for use in energy conversion systems and industrial networks for IIoT and AIoT. Additionally, it undertakes contracts for research and development and licenses spintronic magnetoresistive random access memory technology. The company sells its products through distributors. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.
Why Investors Should Care
Generates a return on equity of 25.2%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 26.9%.
Trades at a P/E of 28.2, below the sector median of 34.7.
Maintains a net profit margin of 57.7%.
Offers a dividend yield of 4.43%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of $26.33M (+1.8% YoY); net profit $15.20M.
- Trailing 12 Months Year-on-year growth — revenue +5.3%, earnings +27.4%.
- 5-Year Trend Long-term compounding — revenue CAGR -0.4%, profit CAGR 1.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -0.42% |
| 1 Year: | 5.30% |
Compounded Profit Growth
| 5 Years: | 1.49% |
| 1 Year: | 27.40% |
Stock Price Performance
| 1 Year: | +22.51% |
| 6 Months: | +42.31% |
| 3 Months: | +16.80% |
| 1 Month: | -24.29% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
NVE Corporation develops spintronic sensors and couplers used to acquire and transmit data in industrial, medical and IoT systems that feed AI/automation.
Spintronic (electron-spin) sensors and isolation couplers for sensing, data transmission and industrial automation.
- Spintronic sensors NVE's sensors detect position, motion and current for industrial, medical and IoT systems that generate data for analytics/AI.
- Data couplers Isolation couplers transmit data reliably in harsh industrial environments.
- Niche high-margin focus A focused, IP-rich product line sustains very high margins.
- Tiny, highly profitable niche semiconductor (net ~58%, very high margins).
- Strong free cash flow funds a large dividend.
- Slow growth and small TAM limit upside; AI exposure is indirect.
- Customer concentration and limited scale are key risks.
Curated from public filings and analyst commentary; figures are illustrative.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 25.2%.
- Healthy ROCE of 26.9%.
- Excellent profit margin of 57.7%.
- Attractive dividend yield of 4.43%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -0.4% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NVEC NVE Corporation R2KAI | 88.52 | 28.19 | $428.19M | 4.43% | 26.88% | 25.22% | -0.42% | 1.49% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 212.50 | 32.59 | $5.15T | 0.47% | 74.66% | 114.29% | 24.64% | 32.12% |
| 3 | AAPL Apple Inc. NDXSPX | 327.50 | 39.60 | $4.81T | 0.37% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 395.63 | 23.96 | $2.94T | 0.95% | 26.90% | 34.01% | 9.48% | 10.85% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 419.48 | 36.41 | $2.18T | 0.90% | 30.20% | 36.21% | 18.94% | 19.57% |
| 6 | AVGO Broadcom Inc. NDXSPXAI | 394.28 | 64.96 | $1.88T | 0.68% | 16.70% | 37.28% | 24.38% | 26.24% |
| 7 | MU Micron Technology, Inc. NDXSPXAI | 904.28 | 20.44 | $1.02T | 0.05% | 13.69% | 66.64% | 13.68% | 26.02% |
| 8 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 529.14 | 172.36 | $862.82B | 0.00% | 6.33% | 8.06% | 13.64% | 48.64% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,815.27 | 59.79 | $699.64B | 0.51% | 42.97% | 52.24% | 15.55% | 19.55% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Dec 2012 | Jun 2013 | Sep 2013 | Dec 2013 | Jun 2014 | Sep 2014 | Dec 2014 | Jun 2015 | Sep 2015 | Dec 2015 | Jun 2016 | Sep 2016 | Dec 2016 | Jun 2017 | Sep 2017 | Dec 2017 | Jun 2018 | Sep 2018 | Dec 2018 | Jun 2019 | Sep 2019 | Dec 2019 | Jun 2020 | Sep 2020 | Dec 2020 | Jun 2021 | Sep 2021 | Dec 2021 | Jun 2022 | Sep 2022 | Dec 2022 | Jun 2023 | Sep 2023 | Dec 2023 | Jun 2024 | Sep 2024 | Dec 2024 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.53M | 6.18M | 7.30M | 6.47M | 8.45M | 8.27M | 6.29M | 8.32M | 7.28M | 6.02M | 6.71M | 7.30M | 7.46M | 7.61M | 7.00M | 7.36M | 7.11M | 7.51M | 6.27M | 6.29M | 6.50M | 6.46M | 4.59M | - | - | - | - | 6.29M | 7.34M | 10.72M | 7.40M | 8.83M | 7.13M | 6.76M | 6.78M | 6.76M | 5.06M | 6.10M | 6.35M | 6.22M |
| Gross Profit | 4.79M | 4.80M | 5.80M | 5.02M | 6.89M | 6.66M | 4.82M | 6.33M | 5.64M | 4.51M | 5.32M | 5.56M | 5.96M | 5.81M | 5.64M | 5.70M | 5.71M | 6.15M | 5.10M | 5.20M | 5.16M | 5.20M | 3.75M | 3.44M | 5.46M | 5.38M | 5.28M | 4.91M | 5.68M | 8.32M | 5.92M | 6.75M | 5.53M | 5.40M | 5.81M | 5.81M | 4.27M | 4.92M | 4.97M | 4.89M |
| Operating Income | 3.71M | 3.28M | 4.26M | 3.58M | 5.46M | 5.24M | 3.59M | 5.16M | 4.48M | 3.36M | 4.17M | 4.45M | 4.75M | 4.50M | 4.26M | 4.54M | 4.39M | 4.80M | 3.70M | 3.90M | 3.86M | 4.10M | 2.52M | 2.27M | 4.44M | 4.11M | 4.09M | 4.04M | 4.71M | 7.21M | 4.82M | 5.37M | 4.62M | 4.47M | 4.39M | 4.40M | 2.96M | 3.78M | 3.66M | 3.74M |
| Net Income | 2.90M | 2.57M | 3.23M | 2.78M | 4.04M | 3.88M | 2.79M | 3.80M | 3.31M | 2.58M | 3.13M | 3.31M | 3.48M | 3.30M | 3.16M | 3.57M | 3.95M | 4.28M | 3.42M | 3.61M | 3.82M | 3.73M | 2.41M | 2.22M | 3.93M | 3.58M | 3.65M | 3.47M | 4.14M | 6.09M | 4.23M | 4.40M | 4.72M | 4.18M | 4.10M | 4.03M | 3.05M | 3.58M | 3.31M | 3.38M |
| Diluted EPS | 0.60 | 0.53 | 0.66 | 0.57 | 0.83 | 0.80 | 0.57 | 0.78 | 0.68 | 0.53 | 0.65 | 0.68 | 0.72 | 0.68 | 0.65 | 0.74 | 0.81 | 0.88 | 0.71 | 0.74 | 0.79 | 0.77 | 0.50 | 0.46 | 0.81 | 0.74 | 0.75 | 0.72 | 0.86 | 1.26 | 0.88 | 0.91 | 0.98 | 0.87 | 0.85 | 0.83 | 0.63 | 0.74 | 0.68 | 0.70 |
| R&D Expense | 501.32K | 962.91K | 876.46K | 905.25K | 803.43K | 787.28K | 694.76K | 681.00K | 628.96K | 738.66K | 758.37K | 768.19K | 826.82K | 905.73K | 1.03M | 852.74K | 989.03K | 971.96K | 1.13M | 973.07K | 926.60K | 771.47K | 880.98K | 815.97K | 702.22K | 808.14K | 708.00K | 596.49K | 601.92K | 669.98K | 700.61K | 695.99K | 683.21K | 540.89K | 878.53K | 847.60K | 869.68K | 720.23K | 873.47K | 795.59K |
Profit & Loss (Annual)
Figures in USD.
| Metric | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 28.15M | 31.20M | 28.58M | 27.03M | 25.93M | 30.58M | 27.72M | 28.33M | 29.86M | 26.47M | 25.41M | 21.37M | 26.99M | 38.25M | 29.80M | 25.87M | 26.33M |
| Gross Profit | 19.83M | 21.41M | 19.25M | 20.01M | 20.21M | 24.56M | 21.10M | 22.25M | 23.59M | 21.26M | 20.52M | 17.24M | 20.72M | 30.19M | 23.03M | 21.64M | 20.73M |
| Operating Income | 16.30M | 17.67M | 14.27M | 15.20M | 14.39M | 19.25M | 16.29M | 17.45M | 18.45M | 15.92M | 15.51M | 12.74M | 16.33M | 25.64M | 18.52M | 15.99M | 15.92M |
| Net Income | 12.00M | 13.36M | 11.38M | 11.83M | 11.14M | 14.37M | 12.29M | 12.95M | 13.91M | 14.51M | 14.53M | 11.69M | 14.51M | 22.69M | 17.12M | 15.06M | 15.20M |
| Diluted EPS | 2.47 | 2.76 | 2.34 | 2.43 | 2.29 | 2.95 | 2.53 | 2.68 | 2.87 | 2.99 | 3.00 | 2.42 | 3.00 | 4.70 | 3.54 | 3.11 | 3.14 |
| R&D Expense | 1.12M | 1.27M | 2.60M | 2.57M | 3.59M | 3.00M | 3.06M | 3.34M | 3.70M | 4.11M | 3.69M | 3.18M | 2.93M | 2.58M | 2.73M | 3.64M | 3.16M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 71.84M | 83.13M | 95.77M | 105.24M | 110.09M | 100.85M | 93.77M | 87.43M | 83.62M | 79.50M | 72.50M | 67.47M | 69.26M | 66.78M | 64.28M | 60.38M |
| Total Equity | 41.57M | 55.95M | 69.97M | 81.46M | 93.98M | 103.70M | 108.33M | 99.26M | 92.68M | 86.44M | 82.78M | 78.00M | 70.89M | 64.57M | 67.08M | 65.57M | 62.27M | 58.25M |
| Cash & Equivalents | 1.88M | 1.39M | 952.21K | 1.54M | 2.51M | 1.26M | 9.44M | 7.53M | 8.20M | 4.76M | 6.88M | 8.07M | 10.43M | 10.45M | 1.67M | 10.28M | 8.04M | 1.71M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - | 835.68K | 1.50M | 1.61M | 2.90M | 2.18M | 1.21M | 2.01M | 2.13M |
| Current Liabilities | - | - | 1.87M | 1.67M | 1.78M | 1.18M | 1.49M | 1.59M | 1.10M | 989.73K | 835.68K | 796.20K | 1.03M | 2.46M | 1.83M | 1.04M | 1.17M | 1.14M |
Cash Flows (Annual)
Figures in USD.
| Metric | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 12.46M | 12.81M | 12.81M | 12.65M | 12.40M | 14.87M | 14.31M | 12.38M | 15.15M | 14.22M | 15.90M | 13.36M | 12.50M | 19.09M | 18.25M | 14.31M | 16.66M |
| Investing Cash Flow | -13.85M | -13.89M | -12.22M | -11.84M | -12.86M | 2.98M | 4.87M | 7.35M | 717.79K | 7.06M | 5.25M | 8.42M | 7.02M | -8.53M | 9.58M | 2.67M | -3.63M |
| Financing Cash Flow | 902.87K | 648.88K | 36 | 159.92K | -789.17K | -9.67M | -21.08M | -19.07M | -19.31M | -19.16M | -19.96M | -19.43M | -19.50M | -19.34M | -19.21M | -19.23M | -19.35M |
| Capital Expenditure | -305.86K | -732.80K | -1.48M | -1.82M | -160.72K | -185.01K | -287.27K | -519.84K | -604.80K | -68.27K | -52.04K | -62.73K | -484.58K | -935.79K | -16.73K | -1.26M | -2.19M |
| Free Cash Flow | 12.16M | 12.08M | 11.33M | 10.82M | 12.24M | 14.69M | 14.02M | 11.86M | 14.55M | 14.15M | 15.84M | 13.30M | 12.02M | 18.16M | 18.23M | 13.05M | 14.47M |
| Share Buybacks | - | - | 0 | 0 | 1.26M | 0 | 2.31M | - | - | - | 687.43K | 91.42K | 163.52K | 20.70K | 0 | - | - |
| Dividends Paid | - | - | - | - | - | - | - | - | - | - | - | - | 19.33M | 19.32M | 19.33M | 19.34M | 19.35M |
Ratios (Annual)
Figures in %.
| Metric | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 70.5% | 68.6% | 67.4% | 74.0% | 77.9% | 80.3% | 76.1% | 78.5% | 79.0% | 80.3% | 80.8% | 80.7% | 76.8% | 78.9% | 77.3% | 83.6% | 78.7% |
| Operating Margin % | 57.9% | 56.6% | 49.9% | 56.2% | 55.5% | 62.9% | 58.8% | 61.6% | 61.8% | 60.2% | 61.1% | 59.6% | 60.5% | 67.0% | 62.1% | 61.8% | 60.5% |
| Net Margin % | 42.6% | 42.8% | 39.8% | 43.8% | 42.9% | 47.0% | 44.3% | 45.7% | 46.6% | 54.8% | 57.2% | 54.7% | 53.8% | 59.3% | 57.5% | 58.2% | 57.7% |
| ROE % | 21.4% | 19.1% | 14.0% | 12.6% | 10.7% | 13.3% | 12.4% | 14.0% | 16.1% | 17.5% | 18.6% | 16.5% | 22.5% | 33.8% | 26.1% | 24.2% | 26.1% |
| ROCE % | - | 25.3% | 17.5% | 16.2% | 13.8% | 17.7% | 16.4% | 18.8% | 21.3% | 19.2% | 19.7% | 17.8% | 25.1% | 38.0% | 28.2% | 25.3% | 26.9% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Penserra Capital Management LLC | 12.00% | 580.50K | $51.46M |
| 2 | Defiance Etfs, LLC | 12.00% | 580.50K | $51.46M |
| 3 | Blackrock Inc. | 7.67% | 371.07K | $32.90M |
| 4 | Royce & Associates LP | 4.74% | 229.30K | $20.33M |
| 5 | Vanguard Capital Management LLC | 4.35% | 210.50K | $18.66M |
| 6 | State Street Corporation | 3.77% | 182.37K | $16.17M |
| 7 | Renaissance Technologies, LLC | 3.59% | 173.60K | $15.39M |
| 8 | Vanguard Portfolio Management LLC | 3.35% | 161.93K | $14.36M |
| 9 | Geode Capital Management, LLC | 3.00% | 145.26K | $12.88M |
| 10 | Kayne Anderson Rudnick Investment Management LLC | 2.57% | 124.11K | $11.00M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for NVEC
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NVEC — Frequently Asked Questions
What is the current share price of NVE Corporation (NVEC)?
As of 2026-07-15 16:51 PDT, NVE Corporation (NVEC) trades at $88.52 on NasdaqCM. Its 52-week range is $55.94 to $116.92.
What is the market capitalisation of NVEC?
NVE Corporation (NVEC) has a market capitalisation of $428.19M on NasdaqCM.
What is the P/E ratio of NVEC?
NVEC trades at a trailing price-to-earnings (P/E) ratio of 28.19. The industry average P/E is 34.66. Its price-to-book (P/B) ratio is 7.36.
Does NVEC pay a dividend?
NVE Corporation (NVEC) currently offers a dividend yield of 4.43%.
What is the return on equity (ROE) of NVEC?
NVEC has a return on equity (ROE) of 25.22%. Its return on capital employed (ROCE) is 26.88%.
Is NVEC a good stock to buy?
This page provides a data-driven analysis of NVE Corporation (NVEC), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.