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NVE share price today

NVE Corporation · NVEC · Technology · Semiconductors · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

NVE share price: $78.79 at the close on 4 November 2026, +21.3% in a year.

Getting betterBusiness trend from the last 12 quarters
$78.79Price +21.3% in a year
21.4×P/E lower than 89% of the last 1 year
$5.8 MRevenue (Sep 2026) −8.1% on a year ago
$3.2 MProfit (Sep 2026) −4.2% on a year ago
54.9%Operating margin −2.7 points on a year ago
26%ROE FY26
44.0%ROIC against a 11.3% cost of capital: +32.7 points

NVE Corporation's P/E is near the low end of its own history, higher than only 11% of past readings, and its quarterly results are still getting worse.

The main question: the P/E is near the low end of its own history, higher than only 11% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn.

The price has been between phases, and the P/E is lower than 89% of its own last 1 year. Over the last four quarters, results have been deteriorating, with profit −4.2% on a year earlier, and 104% of the last 3 years' profit came in as cash. What will decide it: whether results start to improve.

What is the NVE share price today?

NVE Corporation's share price was $78.79 at the close on 4 November 2026. That is 13.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between $60 and $126, and at that close it sat 29% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 3 weeks running.

Nov 2026: $78.79, 13.2% below its 200-day average.

  • Price $78.79
  • 50-day avg $99.39
  • 200-day avg $90.76
Nov 2026: $78.79, 13.2% below its 200-day average.
WeekPrice50-day avg200-day avg
11 Jul 2025$75.63––
18 Jul 2025$79.67––
25 Jul 2025$63.44––
1 Aug 2025$60.79––
8 Aug 2025$61.66––
15 Aug 2025$63.01––
22 Aug 2025$66.86––
29 Aug 2025$64.58––
5 Sep 2025$66.72––
12 Sep 2025$67.91––
19 Sep 2025$66.14$66.94–
26 Sep 2025$65.17$65.79–
3 Oct 2025$68.44$64.69–
10 Oct 2025$67.25$65.15–
17 Oct 2025$71.97$66.33–
24 Oct 2025$72.77$67.30–
31 Oct 2025$69.05$68.05–
7 Nov 2025$64.97$68.12–
14 Nov 2025$61.95$68.06–
21 Nov 2025$59.71$67.24–
28 Nov 2025$63.94$66.86–
5 Dec 2025$67.99$66.77–
12 Dec 2025$70.65$67.34–
19 Dec 2025$67.14$67.53–
26 Dec 2025$61.09$66.87–
2 Jan 2026$61.45$65.79–
9 Jan 2026$63.69$64.96–
16 Jan 2026$68.33$64.65–
23 Jan 2026$76.12$65.19–
30 Jan 2026$67.49$66.08–
6 Feb 2026$64.70$66.73–
13 Feb 2026$66.08$67.05–
20 Feb 2026$65.91$66.91–
27 Feb 2026$68.84$66.69–
6 Mar 2026$66.98$66.61–
13 Mar 2026$67.38$67.35–
20 Mar 2026$66.24$67.83–
27 Mar 2026$65.46$68.10–
2 Apr 2026$69.28$68.04–
10 Apr 2026$76.61$67.95–
17 Apr 2026$82.36$69.08–
24 Apr 2026$82.17$70.71$67.91
1 May 2026$87.20$72.25$68.02
8 May 2026$90.21$74.06$68.18
15 May 2026$89.74$76.49$68.92
22 May 2026$91.25$78.25$69.53
29 May 2026$97.94$80.61$70.24
5 Jun 2026$102.11$84.62$71.32
12 Jun 2026$116.92$88.96$72.45
18 Jun 2026$110.46$91.95$73.32
26 Jun 2026$96.18$94.03$74.13
2 Jul 2026$98.22$95.67$74.82
10 Jul 2026$90.78$96.89$75.48
17 Jul 2026$86.31$97.37$76.03
24 Jul 2026$117.55$98.54$76.92
31 Jul 2026$116.27$101.20$78.09
7 Aug 2026$125.94$104.78$79.42
14 Aug 2026$121.25$106.24$80.59
21 Aug 2026$109.89$107.02$81.68
28 Aug 2026$100.89$106.50$82.68
4 Sep 2026$100.40$106.34$83.58
11 Sep 2026$100.51$106.22$84.41
18 Sep 2026$100.57$106.63$85.32
25 Sep 2026$109.13$108.46$86.33
2 Oct 2026$111.42$109.92$87.31
9 Oct 2026$113.82$109.71$88.42
16 Oct 2026$99.13$107.80$89.53
23 Oct 2026$72.64$104.74$90.20
30 Oct 2026$77.58$101.15$90.60
4 Nov 2026$78.79$99.39$90.76
Weekly closing price ($) with its 50-day and 200-day averages. 1-year window.

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?

Ahead in 37 of 57 weeks

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
11 Jul 2025no S&P 500 reading
18 Jul 2025no S&P 500 reading
25 Jul 2025no S&P 500 reading
1 Aug 2025no S&P 500 reading
8 Aug 2025no S&P 500 reading
15 Aug 2025no S&P 500 reading
22 Aug 2025no S&P 500 reading
29 Aug 2025no S&P 500 reading
5 Sep 2025no S&P 500 reading
12 Sep 2025no S&P 500 reading
19 Sep 2025no S&P 500 reading
26 Sep 2025no S&P 500 reading
3 Oct 2025no S&P 500 reading
10 Oct 2025−15.8%
17 Oct 2025−15.5%
24 Oct 2025+8.4%
31 Oct 2025+3.9%
7 Nov 2025+0.1%
14 Nov 2025−6.1%
21 Nov 2025−12.8%
28 Nov 2025−6.9%
5 Dec 2025−4.0%
12 Dec 2025+0.3%
19 Dec 2025−1.0%
26 Dec 2025−10.6%
2 Jan 2026−12.3%
9 Jan 2026−11.6%
16 Jan 2026−9.2%
23 Jan 2026+2.8%
30 Jan 2026−3.7%
6 Feb 2026−3.3%
13 Feb 2026+5.2%
20 Feb 2026+5.8%
27 Feb 2026+7.3%
6 Mar 2026+0.5%
13 Mar 2026−1.8%
20 Mar 2026+3.4%
27 Mar 2026+15.3%
2 Apr 2026+16.7%
10 Apr 2026+22.4%
17 Apr 2026+17.9%
24 Apr 2026+4.4%
1 May 2026+25.1%
8 May 2026+32.6%
15 May 2026+27.4%
22 May 2026+30.3%
29 May 2026+32.0%
5 Jun 2026+42.8%
12 Jun 2026+61.5%
18 Jun 2026+51.6%
26 Jun 2026+32.0%
2 Jul 2026+28.2%
10 Jul 2026+7.4%
17 Jul 2026+0.1%
24 Jul 2026+39.6%
31 Jul 2026+29.7%
7 Aug 2026+34.8%
14 Aug 2026+30.1%
21 Aug 2026+17.7%
28 Aug 2026+1.3%
4 Sep 2026−6.1%
11 Sep 2026−17.1%
18 Sep 2026−11.0%
25 Sep 2026+7.7%
2 Oct 2026+10.1%
9 Oct 2026+22.3%
16 Oct 2026+12.2%
23 Oct 2026−41.1%
30 Oct 2026−34.4%
4 Nov 2026−36.6%
Each bar is one week, from 2025 to now (57 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 1 year the share price moved +4% while the S&P 500 moved +23%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does NVE pay?

NVE Corporation paid $4.00 per share over the last four reported quarters. The most recent declaration was $1.00 for Sep 2026. At today's price of $78.79 that is a yield of 5.08%, based on dividends already paid, not a forecast.

A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.

Dividend per share each quarter: latest $1.00 (Sep 2026)

  • Dividend per share $1.00
Dividend per share each quarter: latest $1.00 (Sep 2026)
QuarterDividend per share
Dec 2023$1.00
Mar 2024$1.00
Jun 2024$1.00
Sep 2024$1.00
Dec 2024$1.00
Mar 2025$1.00
Jun 2025$1.00
Sep 2025$1.00
Dec 2025$1.00
Mar 2026$1.00
Jun 2026$1.00
Sep 2026$1.00
Declared dividend per share, $ a share, each reported quarter. 12 quarters on file.

Which stock lists is NVE on?

NVE is on one of our US lists: US tech stocks.

Is NVE profitable?

NVE Corporation earned $3.2 M of net profit in the Sep 2026 quarter, −4.2% on the same quarter a year earlier. Full-year FY26 profit was $15.2 M. Over 4 years profit has grown 1.2% a year on average. That is 54.4% of the quarter's revenue. The same quarter a year earlier earned $3.3 M.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was $15.2 M (+0.9% on the year before).

FY26 profit $15.2 M (+0.9% on the year before), 1.2% a year over 4 years

  • Net profit $15.2 M
FY26 profit $15.2 M (+0.9% on the year before), 1.2% a year over 4 years
QuarterNet profit
FY22$14.5 M
FY23$22.7 M
FY24$17.1 M
FY25$15.1 M
FY26$15.2 M

Growth on a year earlier

  • Growth on a year earlier 0.9%
Growth on a year earlier
QuarterGrowth on a year earlier
FY22–
FY2356.4%
FY24−24.5%
FY25−12%
FY260.9%
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Sep 2026: $3.2 M (−4.2% on a year earlier)

  • Net profit (quarterly) $3.2 M
Sep 2026: $3.2 M (−4.2% on a year earlier)
QuarterNet profit (quarterly)
Dec 2023$4.2 M
Mar 2024$3.8 M
Jun 2024$4.1 M
Sep 2024$4.0 M
Dec 2024$3.0 M
Mar 2025$3.9 M
Jun 2025$3.6 M
Sep 2025$3.3 M
Dec 2025$3.4 M
Mar 2026$4.9 M
Jun 2026$6.4 M
Sep 2026$3.2 M

Growth on a year earlier

  • Growth on a year earlier −4.2%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 2023−1.1%
Mar 2024−53.7%
Jun 2024−6.9%
Sep 2024−14.8%
Dec 2024−27.2%
Mar 20252.1%
Jun 2025−12.7%
Sep 2025−17.8%
Dec 202511.1%
Mar 202626.6%
Jun 202678.8%
Sep 2026−4.2%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed −8.1% on a year earlier and the margin moved −2.7 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +28.1% and revenue +25.2%. Profit and revenue are moving at about the same pace.

How much revenue does NVE make, and is it growing?

NVE Corporation reported $5.8 M of revenue in the Sep 2026 quarter, −8.1% on the same quarter a year earlier. Over 4 years it has grown −0.6% a year on average. The last full year, FY26, came in at $26.3 M. The last four reported quarters add to $30.7 M.

Revenue is everything the company billed its customers in the period.

FY26 revenue was $26.3 M, +1.8% on the year before.

FY26 revenue $26.3 M (+1.8% on the year before), −0.6% a year over 4 years

  • Revenue $26.3 M
FY26 revenue $26.3 M (+1.8% on the year before), −0.6% a year over 4 years
QuarterRevenue
FY22$27.0 M
FY23$38.3 M
FY24$29.8 M
FY25$25.9 M
FY26$26.3 M

Growth on a year earlier

  • Growth on a year earlier 1.8%
Growth on a year earlier
QuarterGrowth on a year earlier
FY22–
FY2341.7%
FY24−22.1%
FY25−13.2%
FY261.8%
Top: revenue each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Sep 2026: $5.8 M (−8.1% on a year earlier)

  • Revenue (quarterly) $5.8 M
Sep 2026: $5.8 M (−8.1% on a year earlier)
QuarterRevenue (quarterly)
Dec 2023$6.8 M
Mar 2024$7.1 M
Jun 2024$6.8 M
Sep 2024$6.8 M
Dec 2024$5.1 M
Mar 2025$7.3 M
Jun 2025$6.1 M
Sep 2025$6.3 M
Dec 2025$6.2 M
Mar 2026$7.7 M
Jun 2026$11.0 M
Sep 2026$5.8 M

Growth on a year earlier

  • Growth on a year earlier −8.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 2023−8.7%
Mar 2024−44.7%
Jun 2024−23.2%
Sep 2024−5.2%
Dec 2024−25.1%
Mar 20252.6%
Jun 2025−10%
Sep 2025−6.1%
Dec 202523%
Mar 20265.3%
Jun 202680.7%
Sep 2026−8.1%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +25.2% on average, against −0.6% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +24.1%, against +6.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +29.3%, against +5.3% a year (accelerating).

How much of every $100 of sales does NVE keep?

NVE Corporation's operating margin was 54.9% in the Sep 2026 quarter, 2.7 percentage points lower than the same quarter a year ago. Across 5 years it has been between 60.5% and 67.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −2.7 percentage points on the year while gross margin changed −0.1 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY26: 60.5%, within a range of 60.5% to 67.0% over 5 years

  • Operating margin 60.5%
FY26: 60.5%, within a range of 60.5% to 67.0% over 5 years
QuarterOperating margin
FY2260.5%
FY2367%
FY2462.1%
FY2561.8%
FY2660.5%

Change on the year before (points)

  • Change on the year before (points) −1.3 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY22–
FY23+6.5 pts
FY24−4.9 pts
FY25−0.3 pts
FY26−1.3 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Sep 2026: operating margin 54.9% (−2.7 points on a year earlier)

  • Operating margin 54.9%
Sep 2026: operating margin 54.9% (−2.7 points on a year earlier)
QuarterOperating margin
Dec 202366.2%
Mar 202457.3%
Jun 202464.7%
Sep 202465%
Dec 202458.5%
Mar 202558.4%
Jun 202562%
Sep 202557.6%
Dec 202560.1%
Mar 202661.9%
Jun 202665.9%
Sep 202654.9%

Change on a year earlier (points)

  • Change on a year earlier (points) −2.7 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Dec 2023+1.1 pts
Mar 2024−12.3 pts
Jun 2024+3.9 pts
Sep 2024+0.2 pts
Dec 2024−7.7 pts
Mar 2025+1.1 pts
Jun 2025−2.7 pts
Sep 2025−7.4 pts
Dec 2025+1.6 pts
Mar 2026+3.5 pts
Jun 2026+3.9 pts
Sep 2026−2.7 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is NVE's profit turning into cash?

Over the last 3 years, 104% of NVE Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $16.7 M of operating cash against $15.2 M of profit. After $2.2 M of spending on assets, $14.5 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash $16.7 M against profit $15.2 M; 104% of 3 years' profit came in as cash

  • Operating cash $16.7 M
  • Net profit $15.2 M
  • Free cash $14.5 M
FY26: operating cash $16.7 M against profit $15.2 M; 104% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY22$12.5 M$14.5 M$12.0 M
FY23$19.1 M$22.7 M$18.2 M
FY24$18.2 M$17.1 M$18.2 M
FY25$14.3 M$15.1 M$13.1 M
FY26$16.7 M$15.2 M$14.5 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Sep 2026: operating cash $5.8 M = 183% of the quarter's profit

  • Operating cash (quarterly) $5.8 M
Sep 2026: operating cash $5.8 M = 183% of the quarter's profit
QuarterOperating cash (quarterly)
Dec 2023$4.7 M
Mar 2024$3.1 M
Jun 2024$5.9 M
Sep 2024$2.1 M
Dec 2024$3.8 M
Mar 2025$2.5 M
Jun 2025$5.2 M
Sep 2025$2.8 M
Dec 2025$4.2 M
Mar 2026$4.5 M
Jun 2026$5.3 M
Sep 2026$5.8 M

Operating cash as % of profit

  • Operating cash as % of profit 183%
Operating cash as % of profit
QuarterOperating cash as % of profit
Dec 2023113%
Mar 202482%
Jun 2024143%
Sep 202453%
Dec 2024126%
Mar 202564%
Jun 2025145%
Sep 202584%
Dec 2025124%
Mar 202691%
Jun 202683%
Sep 2026183%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does NVE's cash go?

NVE Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $3.5 M on assets over the last 3 years. Averaged over those years that is 4.4% of FY26 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $3.5 M over the last 3 years.

FY26: capex $2.2 M, up from the year before

  • Capex $2.2 M
FY26: capex $2.2 M, up from the year before
QuarterCapex
FY22$0.5 M
FY23$0.9 M
FY24$0
FY25$1.3 M
FY26$2.2 M
Capital spending each year, $ M.

Sep 2026: capex $0 in the quarter

  • Capex (quarterly) $0.03
Sep 2026: capex $0 in the quarter
QuarterCapex (quarterly)
Jun 2023$0
Sep 2023$0
Jun 2024$0.9 M
Sep 2024$0.2 M
Dec 2024$0
Mar 2025$0.1 M
Jun 2025$1.1 M
Sep 2025$0.1 M
Dec 2025$1.1 M
Mar 2026$0
Jun 2026$0.1 M
Sep 2026$0

Free cash

  • Free cash $5.8 M
Free cash
QuarterFree cash
Jun 2023$5.0 M
Sep 2023$5.3 M
Jun 2024$4.9 M
Sep 2024$1.9 M
Dec 2024$3.8 M
Mar 2025$2.4 M
Jun 2025$4.1 M
Sep 2025$2.7 M
Dec 2025$3.1 M
Mar 2026$4.5 M
Jun 2026$5.2 M
Sep 2026$5.8 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is NVE's P/E ratio, and how does it compare with its own history?

NVE Corporation's P/E is 21.4×, near the low end of its own history: it has been lower only 11% of the time. Its usual P/E (the middle reading) is 23.9×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 21.4× against a usual 23.9×: near the low end of its own history: it has been lower only 11% of the time

  • P/E 21.4×
  • Median 23.9×
P/E 21.4× against a usual 23.9×: near the low end of its own history: it has been lower only 11% of the time
WeekP/EMedian
11 Jul 202525.2×23.9×
18 Jul 202526.6×23.9×
25 Jul 202521.1×23.9×
1 Aug 202520.3×23.9×
8 Aug 202520.6×23.9×
15 Aug 202521.0×23.9×
22 Aug 202522.3×23.9×
29 Aug 202521.5×23.9×
5 Sep 202522.3×23.9×
12 Sep 202522.6×23.9×
19 Sep 202522.1×23.9×
26 Sep 202521.7×23.9×
3 Oct 202524.0×23.9×
10 Oct 202523.6×23.9×
17 Oct 202525.3×23.9×
24 Oct 202525.5×23.9×
31 Oct 202524.2×23.9×
7 Nov 202522.8×23.9×
14 Nov 202521.7×23.9×
21 Nov 202521.0×23.9×
28 Nov 202522.4×23.9×
5 Dec 202523.9×23.9×
12 Dec 202524.8×23.9×
19 Dec 202523.6×23.9×
26 Dec 202521.4×23.9×
2 Jan 202621.1×23.9×
9 Jan 202621.8×23.9×
16 Jan 202623.4×23.9×
23 Jan 202626.1×23.9×
30 Jan 202623.1×23.9×
6 Feb 202622.2×23.9×
13 Feb 202622.6×23.9×
20 Feb 202622.6×23.9×
27 Feb 202623.6×23.9×
6 Mar 202622.9×23.9×
13 Mar 202623.1×23.9×
20 Mar 202622.7×23.9×
27 Mar 202622.4×23.9×
2 Apr 202622.1×23.9×
10 Apr 202624.4×23.9×
17 Apr 202626.3×23.9×
24 Apr 202626.2×23.9×
1 May 202627.8×23.9×
8 May 202628.8×23.9×
15 May 202628.6×23.9×
22 May 202629.1×23.9×
29 May 202631.2×23.9×
5 Jun 202632.5×23.9×
12 Jun 202635.2×23.9×
18 Jun 202635.2×23.9×
26 Jun 202630.6×23.9×
2 Jul 202626.4×23.9×
10 Jul 202624.4×23.9×
17 Jul 202623.2×23.9×
24 Jul 202631.6×23.9×
31 Jul 202631.3×23.9×
7 Aug 202633.9×23.9×
14 Aug 202632.6×23.9×
21 Aug 202629.6×23.9×
28 Aug 202627.1×23.9×
4 Sep 202627.0×23.9×
11 Sep 202627.0×23.9×
18 Sep 202627.1×23.9×
25 Sep 202629.4×23.9×
2 Oct 202630.2×23.9×
9 Oct 202630.9×23.9×
16 Oct 202626.9×23.9×
23 Oct 202619.7×23.9×
30 Oct 202621.0×23.9×
4 Nov 202621.4×23.9×

Earnings per share, 12 months

  • Earnings per share, 12 months $3.69
Earnings per share, 12 months
WeekEarnings per share, 12 months
11 Jul 2025–
18 Jul 2025–
25 Jul 2025–
1 Aug 2025–
8 Aug 2025–
15 Aug 2025–
22 Aug 2025–
29 Aug 2025–
5 Sep 2025–
12 Sep 2025–
19 Sep 2025–
26 Sep 2025$3.00
3 Oct 2025$3.00
10 Oct 2025$3.00
17 Oct 2025$3.00
24 Oct 2025$3.00
31 Oct 2025$3.00
7 Nov 2025$3.00
14 Nov 2025$3.00
21 Nov 2025$3.00
28 Nov 2025$3.00
5 Dec 2025$3.00
12 Dec 2025$3.00
19 Dec 2025$3.00
26 Dec 2025$2.85
2 Jan 2026$2.85
9 Jan 2026$2.85
16 Jan 2026$2.85
23 Jan 2026$2.85
30 Jan 2026$2.85
6 Feb 2026$2.85
13 Feb 2026$2.85
20 Feb 2026$2.85
27 Feb 2026$2.85
6 Mar 2026$2.85
13 Mar 2026$2.85
20 Mar 2026$2.85
27 Mar 2026$2.92
2 Apr 2026$2.92
10 Apr 2026$2.92
17 Apr 2026$2.92
24 Apr 2026$2.92
1 May 2026$2.92
8 May 2026$2.92
15 May 2026$2.92
22 May 2026$2.92
29 May 2026$2.92
5 Jun 2026$2.92
12 Jun 2026$2.92
18 Jun 2026$2.92
26 Jun 2026$3.14
2 Jul 2026$3.14
10 Jul 2026$3.14
17 Jul 2026$3.14
24 Jul 2026$3.14
31 Jul 2026$3.14
7 Aug 2026$3.14
14 Aug 2026$3.14
21 Aug 2026$3.14
28 Aug 2026$3.14
4 Sep 2026$3.14
11 Sep 2026$3.14
18 Sep 2026$3.14
25 Sep 2026$3.72
2 Oct 2026$3.72
9 Oct 2026$3.72
16 Oct 2026$3.72
23 Oct 2026$3.72
30 Oct 2026$3.72
4 Nov 2026$3.69
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 1 year of history; short peaks above 35× are drawn at the top edge.

PEG 1.14 at the Sep 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 1.14×
  • PEG = 1.0 1.00×
PEG 1.14 at the Sep 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Sep 20211.14×1.00×
Dec 20211.14×1.00×
Mar 20221.14×1.00×
Jun 20221.14×1.00×
Sep 20221.14×1.00×
Dec 20221.14×1.00×
Mar 20231.14×1.00×
Jun 20231.14×1.00×
Sep 20231.14×1.00×
Dec 20231.14×1.00×
Mar 20241.14×1.00×
Jun 20241.14×1.00×
Sep 20241.14×1.00×
Dec 20241.14×1.00×
Mar 20251.14×1.00×
Jun 20251.14×1.00×
Sep 20251.14×1.00×
Dec 20251.14×1.00×
Mar 20261.14×1.00×
Jun 20261.14×1.00×
Sep 20261.14×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 21 quarters.
21.4×P/E · lower than 89% of its last 1 year
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Why the multiple is where it is: over the past year earnings per share moved +1.0% while the price moved +21.3%. The price did better than earnings, which pushed the multiple up within its own range.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Is the NVE business getting better or worse?

NVE Corporation's business is getting better. Profit growth hit its low 8 quarters ago at −26.7% and has recovered to +29.3%, with ROCE rising at 31.8%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +1.8% in FY26, profit +0.9%

  • Revenue growth 1.8%
Growth year by year: revenue +1.8% in FY26, profit +0.9%
QuarterRevenue growth
FY22–
FY2341.7%
FY24−22.1%
FY25−13.2%
FY261.8%

Profit growth, EPS growth

  • Profit growth 0.9%
  • EPS growth 1%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY22––
FY2356.4%56.6%
FY24−24.5%−24.6%
FY25−12%−12.1%
FY260.9%1%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue accelerating, profit accelerating

  • Revenue 24.1%
Three growth lines over twelve quarters: revenue accelerating, profit accelerating
QuarterRevenue
Dec 202310.4%
Mar 2024−22.1%
Jun 2024−30.2%
Sep 2024−24.3%
Dec 2024−27.7%
Mar 2025−13.2%
Jun 2025−9.2%
Sep 2025−9.5%
Dec 20251%
Mar 20261.8%
Jun 202624.1%
Sep 202624.1%

Profit, EPS

  • Profit 29.3%
  • EPS 29.5%
Profit, EPS
QuarterProfitEPS
Dec 202317.9%17.8%
Mar 2024−24.5%−24.6%
Jun 2024−26.7%−26.7%
Sep 2024−25.3%−25.4%
Dec 2024−30.4%−30.5%
Mar 2025−12%−12.3%
Jun 2025−13.5%−13.8%
Sep 2025−14.2%−14.5%
Dec 2025−5.5%−5.7%
Mar 20260.9%1%
Jun 202623.9%24%
Sep 202629.3%29.5%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 31.8%
ROCE: the return line, worked out each quarter
QuarterROCE
Dec 202335.8%
Mar 202427.8%
Jun 202426.6%
Sep 202426.3%
Dec 202424.2%
Mar 202524.8%
Jun 202524.2%
Sep 202523.4%
Dec 202525.1%
Mar 202626%
Jun 202631.7%
Sep 202631.8%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
FlatRevenue growth · latest +24.1%, range −30.2% to +24.1%
FlatProfit growth · latest +29.3%, range −30.4% to +29.3%
FlatEPS growth · latest +29.5%, range −30.5% to +29.5%
RisingROCE · latest 31.8%, range 23.4% to 35.8%

Why it matters: a lasting rise from a low is what this page is built to show.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+1.8%−11.7%——
Profit+0.9%−12.5%——
EPS+1.0%−12.6%——
Stock price+21.3%———
−8.1%Revenue growth (Sep 2026) · latest quarter against a year ago
−4.2%Profit growth (Sep 2026) · latest quarter against a year ago
−0.6%Revenue, 4 years · yearly growth over the long run

How much does NVE earn on its capital?

NVE Corporation earned a ROE of 26% in FY26. That is up from a low of 23% in FY22. Its return on capital used (ROIC) is 32.7 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 57.7% net margin and 0.44× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY26): a 57.7% net margin × 0.44× asset turnover × 1.04× leverage (assets divided by equity) ≈ 26.4% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 44.0% − 11.3% = +32.7 percentage points. The 11.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.

The 44.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 33.6%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY26: ROE 26%, the climb back from FY22's 23%

  • ROE 26.1%
  • ROIC (annual) 33.6%
  • Cost of capital 11.3%
FY26: ROE 26%, the climb back from FY22's 23%
QuarterROEROIC (annual)Cost of capital
FY2222.5%31%11.3%
FY2333.8%51%11.3%
FY2426.1%32.9%11.3%
FY2524.2%31.4%11.3%
FY2626.1%33.6%11.3%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 11.3% cost of capital used on this page.

Sep 2026: ROIC 40.9% (last 12 months) against a 11.3% cost of capital

  • ROIC (12 months) 40.9%
  • ROE (12 months) 43.3%
  • Cost of capital 11.3%
Sep 2026: ROIC 40.9% (last 12 months) against a 11.3% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Dec 202338.9%28.4%11.3%
Mar 202438.7%25.2%11.3%
Jun 202430.7%23.1%11.3%
Sep 202431.3%25.1%11.3%
Dec 202431.8%24.8%11.3%
Mar 202530.2%19.1%11.3%
Jun 202531%24.9%11.3%
Sep 202529.8%23.2%11.3%
Dec 202527.9%21.9%11.3%
Mar 202629.4%22.9%11.3%
Jun 202632.7%33.8%11.3%
Sep 202640.9%43.3%11.3%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does NVE have too much debt?

NVE Corporation has total debt of $871 K against shareholder equity of $58.0 M as of Sep 2026, so its debt is 0.02× its equity, which is very little. Year by year, that ratio went from 0.01 in FY22 to 0.02 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt $906 K, 0.02× equity

  • Total debt $906 K
FY26: debt $906 K, 0.02× equity
QuarterTotal debt
FY22$602 K
FY23$519 K
FY24$355 K
FY25$921 K
FY26$906 K

Debt-to-equity

  • Debt-to-equity 0.02×
Debt-to-equity
QuarterDebt-to-equity
FY220.01×
FY230.01×
FY240.01×
FY250.01×
FY260.02×
Top: total debt each year, $ K. Below: debt-to-equity, ×. 5-year window.

Sep 2026: debt $871 K, debt-to-equity 0.02

  • Total debt (quarterly) $871 K
Sep 2026: debt $871 K, debt-to-equity 0.02
QuarterTotal debt (quarterly)
Dec 2023$397 K
Mar 2024$355 K
Jun 2024$313 K
Sep 2024$270 K
Dec 2024$950 K
Mar 2025$921 K
Jun 2025$892 K
Sep 2025$962 K
Dec 2025$934 K
Mar 2026$906 K
Jun 2026$906 K
Sep 2026$871 K

Debt-to-equity

  • Debt-to-equity 0.02×
Debt-to-equity
QuarterDebt-to-equity
Dec 20230.01×
Mar 20240.01×
Jun 20240.00×
Sep 20240.00×
Dec 20240.02×
Mar 20250.01×
Jun 20250.01×
Sep 20250.02×
Dec 20250.02×
Mar 20260.02×
Jun 20260.02×
Sep 20260.02×
Top: total debt each quarter, $ K. Below: debt-to-equity, ×. Last 12 quarters.

What is the NVE shareholding pattern?

11.1% of NVE Corporation's tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 5.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

11.1%Short interest · of the tradable float
5.6Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is NVE from balance-sheet trouble?

For NVE Corporation, the Z-score is 130.75. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 130.75 is well clear of the danger zone, so the balance sheet is not the risk here.

How does NVE rank in its industry?

There is no score against its industry: NVE Corporation is not among the largest members shown in this industry comparison for Semiconductors.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

Which companies is NVE compared with?

No sector comparison is shown here, not among the largest members shown in this industry comparison.

Which companies are close to NVE in size?

NVE is the 51st largest of 59 Semiconductors companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: POET Technologies Inc., CEVA, Inc. and Alpha and Omega Semiconductor. Just below it: indie Semiconductor, Inc., SEALSQ Corp and Everspin Technologies, Inc.

Semiconductors companies close in size

  1. POET Technologies Inc. $844 million
  2. CEVA, Inc. $789 million
  3. Alpha and Omega Semiconductor Limited $641 million
  4. NVE Corporation $382 million
  5. indie Semiconductor, Inc. $369 million
  6. SEALSQ Corp $330 million
  7. Everspin Technologies, Inc. $318 million

All 59 Semiconductors companies, largest first

Companies close in size in other industries

  1. Norwood Financial Corp. $390 million · Banks - Regional
  2. Roma Green Finance Limited $390 million · Consulting Services
  3. NVE Corporation $389 million
  4. Prelude Therapeutics Incorporated $389 million · Biotechnology
  5. Avalo Therapeutics, Inc. $389 million · Biotechnology

What else do people ask about NVE?

What were NVE's latest quarterly results?

NVE Corporation reported revenue of $5.8 M and net profit of $3.2 M for the Sep 2026 quarter. Revenue fell 8.1% and profit fell 4.2% compared with a year earlier. Earnings per share were $0.65.

The operating margin was 54.9%, 2.7 percentage points lower than a year earlier (as of 4 November 2026).

What is NVE's market cap?

NVE Corporation's market capitalisation is $382 M at a stock price of $78.79. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is NVE performing?

NVE Corporation's latest readings are below. In its latest quarter, revenue fell 8.1% and profit fell 4.2% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 3 weeks running.

This describes what the data did, not a rating (as of 4 November 2026).

Will NVE's stock price go up?

This page does not forecast NVE Corporation's stock price. What it shows instead: the stock price is $78.79. Its P/E of 21.4× is higher than 11% of its own last 1 years.

Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).

Where is NVE in its business cycle?

NVE Corporation's FY26 operating margin was 60.5%, against a 5-year range of 60.5% to 67.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 54.9%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the NVE story?

The main question: the P/E is near the low end of its own history, higher than only 11% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is NVE a stock worth studying right now?

What the numbers show: NVE Corporation's P/E is near the low end of its own history, higher than only 11% of past readings, and its quarterly results are still getting worse. The main open question: whether results start to improve.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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