NVE Corporation NVEC R2K
Technology · Semiconductors · United States
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.
READ MORE ›$97.94
+45.75% 1Y
Market & Price
Market Cap
$473.75M
Current Price
$97.94
High / Low (52W)
$100.87 / $55.94
Beta
1.31
Valuation
Stock P/E
31.19
Industry PE
32.74
Forward P/E
34.61
PEG Ratio
0.84
Book Value
$12.04
Price to Book
8.13
P/S
17.99
EV/EBITDA
27.77
Dividend Yield
4.10%
Profitability & Returns
ROCE
26.88%
ROE
25.22%
ROA
15.96%
Profit Margin
57.72%
Op Margin
61.85%
EPS (Latest Qtr)
$0.70
EPS (TTM)
$3.14
Balance Sheet & Liquidity
Debt/Equity
1.55
Quick Ratio
20.77
Current Ratio
28.20
Debt
$905.54K
Total Assets
$60.38M
Current Assets
$32.19M
Working Capital
$31.05M
Ownership
Promoter Holding
1.31%
Chg in Prom Hold
-
FII / Inst Holding
88.62%
Chg in FII Hold
-
Financial Snapshot
Enterprise Value
$454.82M
Total Revenue (TTM)
$26.33M
EBITDA
$16.38M
Free Cash Flow
$7.32M
Operating Cash Flow
$16.66M
Shares Outstanding
4.84M
Gross Margin
78.73%
Payout Ratio
127.39%
Growth (CAGR)
Revenue 5Y
-11.71%
Profit 5Y
-12.51%
Revenue (YoY)
5.30%
Earnings (YoY)
27.40%
PROS
- Strong return on equity of 25.2%.
- Healthy ROCE of 26.9%.
- Excellent profit margin of 57.7%.
- Attractive dividend yield of 4.10%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -11.7% CAGR over 5 years.
- Earnings shrank at -12.5% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
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
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
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 R2K | 97.94 | 31.19 | $473.75M | 4.10% | 26.88% | 25.22% | -11.71% | -12.51% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
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Quarterly Results
Figures in USD.
| Metric | 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 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 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 | - | - | 7.27M | 6.10M | 6.35M | 6.22M | 7.65M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.52M | 1.18M | 1.38M | 1.33M | 1.71M |
| Gross Profit | 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 | - | - | 5.75M | 4.92M | 4.97M | 4.89M | 5.95M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.51M | 1.14M | 1.31M | 1.15M | 1.21M |
| Operating Income | 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 | - | - | 4.25M | 3.78M | 3.66M | 3.74M | 4.73M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.33M | 3.87M | 3.75M | 3.84M | 4.93M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.73M | 4.28M | 4.15M | 4.21M | 5.18M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 833.37K | 706.45K | 834.70K | 821.69K | 254.29K |
| Net Income | 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 | - | - | 3.89M | 3.58M | 3.31M | 3.38M | 4.93M |
| Diluted EPS | 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 | - | 0.63 | 0.80 | 0.74 | 0.68 | 0.70 | - |
| R&D Expense | 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 | - | 26.99M | 38.25M | 29.80M | 25.87M | 26.33M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.06M | 6.77M | 4.24M | 5.60M |
| 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 Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.55M | 4.51M | 5.64M | 4.81M |
| 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 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | 25.84M | 18.83M | 16.32M | 16.38M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | 27.09M | 20.47M | 18.04M | 17.82M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.40M | 3.34M | 2.97M | 2.62M |
| 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 |
Compounded Sales Growth
| 5 Years: | -11.71% |
| 1 Year: | 5.30% |
Compounded Profit Growth
| 5 Years: | -12.51% |
| 1 Year: | 27.40% |
Stock Price Performance
| 1 Year: | +45.75% |
| 6 Months: | +61.97% |
| 3 Months: | +43.88% |
| 1 Month: | +27.49% |
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 | - | 69.26M | 66.78M | 64.28M | 60.38M |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30.79M | 33.19M | 33.20M | 32.19M |
| 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 | - | 1.67M | 10.28M | 8.04M | 1.71M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.42M | 7.16M | 7.45M | 7.08M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.52M | 3.14M | 3.59M | 3.41M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - | 835.68K | 1.50M | 1.61M | - | 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 | - | 1.83M | 1.04M | 1.17M | 1.14M |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 518.71K | 355.15K | 921.23K | 905.54K |
| Total Equity | - | - | 69.97M | 81.46M | 93.98M | 103.70M | 108.33M | 99.26M | 92.68M | 86.44M | 82.78M | 78.00M | 70.89M | - | 67.08M | 65.57M | 62.27M | 58.25M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.83M | 4.83M | 4.84M | 4.84M |
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 | - | 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 | - | -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 | - | -19.34M | -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 | - | -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 | - | 18.16M | 18.23M | 13.05M | 14.47M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | -8.78M | 8.61M | -2.25M | -6.32M |
| 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% | - | 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% | - | 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% | - | 53.8% | 59.3% | 57.5% | 58.2% | 57.7% |
| ROE % | - | 19.1% | 14.0% | 12.6% | 10.7% | 13.3% | 12.4% | 14.0% | 16.1% | 17.5% | 18.6% | 16.5% | - | 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% | - | 38.0% | 28.2% | 25.3% | 26.9% |
Shareholding Pattern
Insiders
1.31%
Institutions
88.62%
Public Float
89.80%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Penserra Capital Management LLC | 12.00% | 580.50K | $56.85M |
| 2 | Defiance Etfs, LLC | 12.00% | 580.50K | $56.85M |
| 3 | Blackrock Inc. | 7.67% | 371.07K | $36.34M |
| 4 | Royce & Associates LP | 4.74% | 229.30K | $22.46M |
| 5 | Vanguard Capital Management LLC | 4.35% | 210.50K | $20.62M |
| 6 | State Street Corporation | 3.77% | 182.37K | $17.86M |
| 7 | Renaissance Technologies, LLC | 3.59% | 173.60K | $17.00M |
| 8 | Vanguard Portfolio Management LLC | 3.35% | 161.93K | $15.86M |
| 9 | Geode Capital Management, LLC | 3.00% | 145.26K | $14.23M |
| 10 | Kayne Anderson Rudnick Investment Management LLC | 2.57% | 124.11K | $12.16M |
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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