NVE Corporation
NVECTechnologyNASDAQSemiconductors
Scan Results
Daily timeframeNVE 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 carries a $543.8M market cap, placing it firmly in the small-cap category. The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data.
Market Cap
$543.8M
Beta
1.31
P/E (TTM)
35.80
P/E (Fwd)
39.72
EPS (TTM)
$3.14
EPS (Fwd)
$2.83
ROE
25.2%
ROA
16.0%
Cash
$19.8M
Total Debt
$905,539
Free CF
$7.3M
52W Change
56.5%
Annual Financials
Cash vs Debt
The balance sheet looks solid with $19.8M in cash comfortably exceeding the $906K debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Free cash flow comes in at $7.3M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 25.2%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 16.0% further supports the picture of efficient asset utilization. Revenue has been relatively flat, moving from $27.0M (2022) to $26.3M (2026).
The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. No single metric tells the full story. Reviewing NVEC's risk profile alongside its fundamentals and technical indicators provides a more complete picture.