NVE Corporation

NasdaqCM:NVEC Lagerbericht

Marktkapitalisierung: US$461.2m

NVE Management

Management Kriterienprüfungen 4/4

NVE CEO ist Daniel Baker , ernannt in Jan 2001, hat eine Amtszeit von 25.33 Jahren. Die jährliche Gesamtvergütung beträgt $586.52K , bestehend aus 74.3% Gehalt und 25.7% Boni, einschließlich Aktien und Optionen des Unternehmens. besitzt direkt 1.24% der Aktien des Unternehmens, im Wert von $5.71M . Die durchschnittliche Betriebszugehörigkeit des Managementteams und des Verwaltungsrats beträgt 17.3 Jahre bzw. 21.8 Jahre.

Wichtige Informationen

Daniel Baker

Geschäftsführender

US$586.5k

Gesamtvergütung

Prozentsatz des Geschäftsführergehalts74.26%
Amtszeit als Geschäftsführer25.3yrs
Eigentum des Geschäftsführers1.2%
Durchschnittliche Amtszeit des Managements17.3yrs
Durchschnittliche Amtszeit der Vorstandsmitglieder21.8yrs

Jüngste Management Updates

Analyseartikel • Aug 01

Most Shareholders Will Probably Agree With NVE Corporation's (NASDAQ:NVEC) CEO Compensation

Key Insights NVE to hold its Annual General Meeting on 7th of August CEO Daniel Baker's total compensation includes...

Recent updates

Analyseartikel • Jan 25

NVE (NASDAQ:NVEC) Has Announced A Dividend Of $1.00

The board of NVE Corporation ( NASDAQ:NVEC ) has announced that it will pay a dividend on the 27th of February, with...
Analyseartikel • Dec 24

NVE Corporation's (NASDAQ:NVEC) Share Price Could Signal Some Risk

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 19x, you may...
Seeking Alpha • Oct 16

NVE Corporation: Promising Applications With Spintronics Miniaturization

Summary NVE Corporation’s spintronics deliver ultra-low-power sensors and isolators. This is how they can sustain high margins and a steady dividend. NVE has also focused on CAPEX for its WLCSP capacity. The new WLCSP ADLxxx-20E nanoswitches open several new potential use cases. For example, new revenue verticals could come with medical, IoT, and robotics niches for its WLCSP family line. NVE has an overall diverse portfolio across GMR/TMR sensors, magnetic isolators, and MRAM IP. Its valuation is compelling given its potential revenue growth over time if it sustains its high margins. Thus, I rate NVE stock a viable speculative “Buy”. Read the full article on Seeking Alpha
Analyseartikel • Aug 01

Most Shareholders Will Probably Agree With NVE Corporation's (NASDAQ:NVEC) CEO Compensation

Key Insights NVE to hold its Annual General Meeting on 7th of August CEO Daniel Baker's total compensation includes...
Analyseartikel • Jul 25

A Look At The Intrinsic Value Of NVE Corporation (NASDAQ:NVEC)

Key Insights The projected fair value for NVE is US$56.36 based on 2 Stage Free Cash Flow to Equity With US$63.74 share...
Analyseartikel • May 28

NVE Corporation's (NASDAQ:NVEC) 27% Share Price Surge Not Quite Adding Up

NVE Corporation ( NASDAQ:NVEC ) shareholders would be excited to see that the share price has had a great month...
Analyseartikel • May 11

NVE (NASDAQ:NVEC) Is Paying Out A Dividend Of $1.00

NVE Corporation ( NASDAQ:NVEC ) has announced that it will pay a dividend of $1.00 per share on the 30th of May. Based...
Analyseartikel • Oct 27

NVE (NASDAQ:NVEC) Is Due To Pay A Dividend Of $1.00

NVE Corporation's ( NASDAQ:NVEC ) investors are due to receive a payment of $1.00 per share on 29th of November. This...
Analyseartikel • Jul 22

NVE (NASDAQ:NVEC) Has Affirmed Its Dividend Of $1.00

The board of NVE Corporation ( NASDAQ:NVEC ) has announced that it will pay a dividend of $1.00 per share on the 30th...
Seeking Alpha • Jan 20

NVE Corporation: Needs To Increase Sales And Production Capacity In 2024

Summary NVE Corporation achieved high marginal growth in Q3 2024 with net margins increasing to 62% and almost zero debt. NVEC is advancing sensor architecture with electric fields, improving computing and memory, and upgrading isolation technology. Despite a drop in revenue, NVEC is attracting new customers, growing its patented technology, and has a fair valuation. Read the full article on Seeking Alpha
Analyseartikel • Oct 22

NVE (NASDAQ:NVEC) Is Due To Pay A Dividend Of $1.00

The board of NVE Corporation ( NASDAQ:NVEC ) has announced that it will pay a dividend of $1.00 per share on the 30th...
Analyseartikel • Jul 23

NVE (NASDAQ:NVEC) Has Announced A Dividend Of $1.00

The board of NVE Corporation ( NASDAQ:NVEC ) has announced that it will pay a dividend on the 31st of August, with...
Seeking Alpha • Oct 19

NVE GAAP EPS of $1.26, revenue of $10.7M

NVE press release (NASDAQ:NVEC): Q2 GAAP EPS of $1.26. Revenue of $10.7M (+56.9% Y/Y).  The increase in revenue was due to a 59% increase in product sales and a 5% increase in contract research and development revenue.  Net income for the second quarter of fiscal 2023 increased 67% to $6.09 million
Seeking Alpha • Sep 09

NVE Corp.: Low Growth, But Highly Profitable And Has The Cash To Pay Dividends

Summary NVE Corp. uses spintronic technology to make some of the world's smallest sensors to fit in the tiniest medical or industrial robots. On the other end of the spectrum, its profitability and cash flow metrics are higher than the median for the IT sector. I assess prospects for revenue growth in light of supply chain constraints and low Capex spent as a percentage of sales. I also elaborate on those enticing dividend yields. The stock is a buy in view of the tightening of monetary policy. In my quest to look for companies that are better positioned to navigate through the period of acute tightening of monetary policy period which lies ahead, I came across NVE Corporation (NVEC). As seen in the table below, it has profitability metrics that, in some cases are superior to the median for the IT sector by more than 1000% as well as good free cash flow margins. Profitability and Cash Metrics (www.seekingalpha.com) On the other hand, its Capex to Sales ratio which is the percentage of revenue spent on capital expense is lower than the sector median implying that it may not be investing sufficiently for growth. In this respect, I noted that revenue growth has decelerated in Q1-2023 (which ended in June 2022) to 2.56% compared to 14.6% in the March quarter. Thus, in addition to shedding some light on growth, this thesis also aims to assess the ability of the company at sustaining its profitability. I start by providing some insights as to what differentiates NVEC as a semiconductor play. Spintronics Vs Electronics Most of you will have already been across the word electronics which is all about using the ability of electrons to charge and discharge rapidly in order to transport data in computers. Instead, spintronics, which is also known as magneto electronics uses the spin of the electron and the associated magnetic field it creates to transfer data. Now, the fact that this can be done in solid-state devices makes spintronics perfect for applications like sensors and couplers in robots and the Internet of Things (IoT). The company also manufactures some of the highest quality sensors used in MRI machines and pacemakers. These devices are available in semiconductor format and are more stable (nonvolatile) with respect to charge-based electronics. With so many qualities, it is not surprising to see other companies commercializing related products, with prominent industry plays like Intel (NASDAQ:INTC) and International Business Machines (IBM) collaborating with academia for research purposes. Here, one key factor which explains NVEC's high profitability is that, in addition to selling products, it also performs contract research, a segment that saw a 32% revenue increase in Q1-2023 (Q1) compared to last year. In comparison product sales increased by only 3%, but still accounted for 96.4% of total revenues. The reason for this is just like many other industry peers, the company's operations were impacted by supply chain shortages as from the second quarter of 2021, with gross margins falling to 75% for the June 2021 quarter as shown in the table below. Quarterly revenues (www.seekingalpha.com) There have been signs of improvement as per the management during Q1's earnings call. Noteworthily, gross margins have been increasing steadily and should improve further as the company has been raising prices since the beginning of this year to offset the higher cost of revenues. Continuing on Profitability, Cash, and Growth In order to mitigate against supply chain challenges, inventories have been scaled up to above $5 million as per the table below, or 20% more than at the beginning of 2021. This is the reason the cash position has deteriorated slightly. Balance Sheet - Quarterly figures (www.seekingalpha.com) However, these higher inventories should deliver more cash from operations and therefore more growth in the coming quarters. Here, thanks to its ability to pass on costs to customers, NVEC should see higher gross margins, provided it can control operating expenses. In this respect, most probably due to its smaller size with employees being relatively more multi-skilled, the company appears to have some flexibility in moving them from one department to another. In this way, there was a 26% reduction in R&D expenses as staff dedicated more time to revenue-generating activities in Q1. As a result, operating income margins actually increased to 64.4%. Now, this was also due to the timing of some staff incentive compensation, but, any future employee-related expenses should be offset by the uptrend in gross margins. Another factor that can potentially bring more growth is an associated field of electron spinning research called MRAM (Magnetoresistive Random Access Memories) which can be envisioned as the next-generation memory technology, about 600 times faster than conventional ones. This technology should produce a faster and denser all-in-one single memory chip that can hold the data contained in several conventional ones used today. This is the reason NVEC has licensed it to Motorola (MSI), Cypress, and Honeywell International (HON). However, it faces competition from Everspin Technologies (NASDAQ:MRAM) with a market cap of $135 million and which grew revenues by 24% in the June quarter. Risks and Valuations Here, one of the risks for NVEC as a $232 million market cap company is a large billion dollar semiconductor play acquiring Everspin, or another competitor, thereby constituting a direct competitive threat for NVEC. Moreover, with technology evolving rapidly, there could be more competition from lower-priced sensors in a field where continuous development in PCB (printed circuit board) technology is leading to miniaturization or fewer components per square inch. In response, in addition to quality, NVEC can rely on its rapidly evolving product pipeline which recently saw the introduction of a new Ultra miniature version of TMR (Tunneling Magnetoresistance) sensors which are two times smaller in size than the previous generation. Thus, the aim is to constantly innovate and maintain its niche status as a manufacturer of the smallest sensors to equip the tiniest medical or industrial robots, while keeping competitors at bay. Consequently, the ingredients are present, not only to maintain but also to accelerate sales but, at a trailing price to sales of 8.59x, the growth metric has already been priced in. In this case and in line with the profitability rationale guiding this thesis, NVEC remains undervalued by around 30% when considering the trailing P/E of 15.5x. Adjusting accordingly, I obtain a target of about $61-62 (48.3 x 1.3) based on the current share price of $48.5. Valuation metrics (www.seekingalpha.com)
Analyseartikel • Jul 24

NVE's (NASDAQ:NVEC) Dividend Will Be $1.00

The board of NVE Corporation ( NASDAQ:NVEC ) has announced that it will pay a dividend of $1.00 per share on the 31st...
Seeking Alpha • Jul 20

NVE declares $1.00 dividend

NVE (NASDAQ:NVEC) declares $1.00/share quarterly dividend, in line with previous. Forward yield 8.23% Payable Aug. 31; for shareholders of record Aug. 1; ex-div July 29. See NVEC Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Jun 27

Rare 8% Dividend Yield From Growing, Made-In-America Semiconductor Leader: NVE Corp.

NVE Corp. may be throwing off one of the smartest/safest dividend yields (above 8%) available to income investors in June 2022. The kicker is business prospects are strong, with the company seeing higher demand for its domestic production during the pandemic semiconductor shortages of 2021-22. Perhaps the lowest valuation of the stock in at least 15 years is now open to investors willing to step up to the plate.
Analyseartikel • May 08

NVE (NASDAQ:NVEC) Has Affirmed Its Dividend Of US$1.00

NVE Corporation's ( NASDAQ:NVEC ) investors are due to receive a payment of US$1.00 per share on 31st of May. Based on...
Analyseartikel • Jan 23

NVE (NASDAQ:NVEC) Will Pay A Dividend Of US$1.00

NVE Corporation ( NASDAQ:NVEC ) has announced that it will pay a dividend of US$1.00 per share on the 28th of February...
Seeking Alpha • Dec 29

NVE Corp.: The Only Practical Spintronics Player In Town - 6% Dividend Yield And Plenty Of Growth Optionality - 125% Upside

NVE Corp. is a high-quality spintronics player focused on the growth markets in industrial robots and medical devices. Trading at only 14x earnings, potential growth is not factored in by Mr. Market. The company pays a large dividend of $4 per share each year, currently giving it a 6% dividend yield.
Analyseartikel • Oct 24

NVE (NASDAQ:NVEC) Has Re-Affirmed Its Dividend Of US$1.00

NVE Corporation ( NASDAQ:NVEC ) will pay a dividend of US$1.00 on the 30th of November. This makes the dividend yield...
Seeking Alpha • Oct 17

The Bottom Fishing Club: NVE Corp. - American Made Semiconductors

NVE may be on the cusp of better growth, filling the gap caused by overseas chip shortages (after a decade of stagnation in company sales). Highly profitable, domestic manufacturing of sensors/couplers is ready to expand capacity to meet the needs of customers unable to source products from foreign suppliers. The stock's valuation does not seem to discount any growth in the business during calendar 2022, opening a buy proposition. Technical momentum indicators are signaling a swing into a rising stock quote trend could be next.
Analyseartikel • Jul 30

We Discuss Why NVE Corporation's (NASDAQ:NVEC) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year

The disappointing performance at NVE Corporation ( NASDAQ:NVEC ) will make some shareholders rather disheartened. At...

Analyse der Geschäftsführervergütung

Wie hat sich die Vergütung von Daniel Baker im Vergleich zu den Einnahmen von NVE verändert?
DatumGesamtvergütungGehaltUnternehmensgewinne
Mar 31 2026n/an/a

US$15m

Dec 31 2025n/an/a

US$14m

Sep 30 2025n/an/a

US$14m

Jun 30 2025n/an/a

US$15m

Mar 31 2025US$587kUS$436k

US$15m

Dec 31 2024n/an/a

US$15m

Sep 30 2024n/an/a

US$16m

Jun 30 2024n/an/a

US$17m

Mar 31 2024US$578kUS$420k

US$17m

Dec 31 2023n/an/a

US$22m

Sep 30 2023n/an/a

US$22m

Jun 30 2023n/an/a

US$23m

Mar 31 2023US$1mUS$400k

US$23m

Dec 31 2022n/an/a

US$18m

Sep 30 2022n/an/a

US$18m

Jun 30 2022n/an/a

US$15m

Mar 31 2022US$698kUS$381k

US$15m

Dec 31 2021n/an/a

US$14m

Sep 30 2021n/an/a

US$14m

Jun 30 2021n/an/a

US$13m

Mar 31 2021US$464kUS$370k

US$12m

Dec 31 2020n/an/a

US$12m

Sep 30 2020n/an/a

US$12m

Jun 30 2020n/an/a

US$13m

Mar 31 2020US$450kUS$359k

US$15m

Vergütung im Vergleich zum Markt: DanielDie Gesamtvergütung ($USD586.52K) liegt unter dem Durchschnitt von Unternehmen ähnlicher Größe auf dem Markt US ($USD2.51M).

Entschädigung vs. Einkommen: DanielDie Vergütung des Vorstandsvorsitzenden entsprach im vergangenen Jahr der Unternehmensleistung.

Geschäftsführer

Daniel Baker (67 yo)

25.3yrs
Amtszeit
US$586,515
Vergütung

Dr. Daniel A. Baker, Ph.D. has been the President and Chief Executive Officer at NVE Corp. since January 2001. Dr. Baker was Interim Principal Financial Officer of NVE Corporation since January 3, 2022 unt...

Führungsteam

NamePositionAmtszeitVergütungEigentümerschaft
Daniel Baker
CEO, President & Director25.3yrsUS$586.52k1.24%
$ 5.7m
Daniel Nelson
Accounting Manager & Principal Financial Officer and Controller3yrsUS$110.00kkeine Daten
Peter Eames
Vice President of Advanced Technology9.3yrsUS$301.71kkeine Daten
John Myers
Vice President of New Business Development29.3yrsUS$135.63kkeine Daten
17.3yrs
Durchschnittliche Betriebszugehörigkeit
58yo
Durchschnittliches Alter

Erfahrenes Management: Das Managementteam von NVEC ist erfahren und erfahren (durchschnittliche Amtszeit von 17.3 Jahren).

Vorstandsmitglieder

NamePositionAmtszeitVergütungEigentümerschaft
Daniel Baker
CEO, President & Director25.3yrsUS$586.52k1.24%
$ 5.7m
Patricia Hollister
Independent Director21.8yrsUS$33.24k0.021%
$ 99.2k
Terrence Glarner
Independent Chairman26.8yrsUS$33.74k0.011%
$ 51.5k
James Bracke
Independent Director4.8yrsUS$32.74k0.012%
$ 57.2k
Kelly Wei
Independent Director2yrsUS$32.74k0%
$ 0
21.8yrs
Durchschnittliche Betriebszugehörigkeit
67yo
Durchschnittliches Alter

Erfahrener Vorstand: NVECDie Vorstandsmitglieder sind sehr erfahren ( 21.8 ).

Unternehmensanalyse und Finanzdaten Status

DatenZuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse2026/05/12 10:59
Aktienkurs zum Tagesende2026/05/12 00:00
Gewinne2026/03/31
Jährliche Einnahmen2026/03/31

Datenquellen

Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.

PaketDatenZeitrahmenBeispiel US-Quelle *
Finanzdaten des Unternehmens10 Jahre
  • Gewinn- und Verlustrechnung
  • Kapitalflussrechnung
  • Bilanz
Konsensschätzungen der Analysten+3 Jahre
  • Finanzielle Vorausschau
  • Kursziele der Analysten
Marktpreise30 Jahre
  • Aktienkurse
  • Dividenden, Splits und Aktionen
Eigentümerschaft10 Jahre
  • Top-Aktionäre
  • Insiderhandel
Verwaltung10 Jahre
  • Das Führungsteam
  • Direktorium
Wichtige Entwicklungen10 Jahre
  • Ankündigungen des Unternehmens

* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.

Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.

Analysemodell und Schneeflocke

Einzelheiten zu dem Analysemodell, mit dem dieser Bericht erstellt wurde, finden Sie auf unserer Github-Seite. Außerdem bieten wir Leitfäden zur Verwendung unserer Berichte und Tutorials auf YouTube an.

Erfahren Sie mehr über das Weltklasse-Team, das das Simply Wall St-Analysemodell entworfen und entwickelt hat.

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Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.

Analysten-Quellen

NVE Corporation wird von 1 Analysten beobachtet. 0 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.

AnalystEinrichtung
Steven CrowleyCraig-Hallum Capital Group LLC