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. With a market capitalization of $417.5M, it sits in small-cap territory. The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data.
Market Cap
$417.5M
Beta
1.33
P/E (TTM)
27.75
P/E (Fwd)
30.50
EPS (TTM)
$3.11
EPS (Fwd)
$2.83
ROE
25.2%
ROA
16.0%
Cash
$19.8M
Total Debt
$905,539
Free CF
$7.3M
52W Change
8.3%
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. The company generates $7.3M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. 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).
With cash comfortably exceeding debt, NVEC has financial flexibility that may help navigate uncertain periods. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence NVE Corporation's trajectory.