Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €95.50, the stock trades at a trailing P/E ratio of 35x. Average trailing P/E is 97x in the Semiconductor industry in Germany. Total returns to shareholders of 28% over the past three years. Announcement • May 08
NVE Corporation announces Quarterly dividend, payable on May 29, 2026 NVE Corporation announced Quarterly dividend of USD 1.0000 per share payable on May 29, 2026, ex-date on May 18, 2026 and record date on May 18, 2026. Announcement • Apr 30
NVE Corporation to Report Q4, 2026 Results on May 06, 2026 NVE Corporation announced that they will report Q4, 2026 results at 4:00 PM, US Eastern Standard Time on May 06, 2026 Announcement • Jan 22
NVE Corporation Announces Quarterly Dividend, Payable on February 27, 2026 NVE Corporation announced a quarterly cash dividend to shareholders of $1.00 per share of common stock, payable February 27, 2026 to shareholders of record as of February 2, 2026. Announcement • Jan 15
NVE Corporation to Report Q3, 2026 Results on Jan 21, 2026 NVE Corporation announced that they will report Q3, 2026 results After-Market on Jan 21, 2026 Announcement • Oct 23
NVE Corporation Announces Quarterly Dividend, Payable November 28, 2025 NVE Corporation announced a quarterly cash dividend to shareholders of $1.00 per share of common stock, payable November 28, 2025 to shareholders of record as of November 3, 2025. Announcement • Oct 16
NVE Corporation to Report Q2, 2026 Results on Oct 22, 2025 NVE Corporation announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Oct 22, 2025 Announcement • Jul 24
NVE Corporation Announces Quarterly Dividend, Payable August 29, 2025 NVE Corporation announced a quarterly cash dividend to shareholders of $1.00 per share of common stock, payable August 29, 2025 to shareholders of record as of August 4, 2025. Announcement • Jul 17
NVE Corporation to Report Q1, 2026 Results on Jul 23, 2025 NVE Corporation announced that they will report Q1, 2026 results After-Market on Jul 23, 2025 Announcement • Jun 24
NVE Corporation, Annual General Meeting, Aug 07, 2025 NVE Corporation, Annual General Meeting, Aug 07, 2025. Location: 11409 valley view road, minnesota 55344, eden prairie United States Announcement • May 08
Nve Corporation Announces Quarterly Dividend, Payable May 30, 2025 NVE Corporation announced a quarterly cash dividend to shareholders of $1.00 per share of common stock, payable May 30, 2025 to shareholders of record as of May 19, 2025. Announcement • May 01
NVE Corporation to Report Q4, 2025 Results on May 07, 2025 NVE Corporation announced that they will report Q4, 2025 results on May 07, 2025 Announcement • Jan 23
NVE Corporation Announces Quarterly Dividend, Payable on February 28, 2025 NVE Corporation announced a quarterly cash dividend to shareholders of $1.00 per share of common stock, payable February 28, 2025, to shareholders of record as of February 3, 2025. Announcement • Jan 16
NVE Corporation to Report Q3, 2025 Results on Jan 22, 2025 NVE Corporation announced that they will report Q3, 2025 results After-Market on Jan 22, 2025 Declared Dividend • Oct 28
Second quarter dividend of US$1.00 announced Shareholders will receive a dividend of US$1.00. Ex-date: 4th November 2024 Payment date: 29th November 2024 Dividend yield will be 5.4%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is not covered by earnings (120% earnings payout ratio) nor is it covered by cash flows (131% cash payout ratio). The dividend has not increased over the past 9 years but payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 33% to bring the payout ratio under control, which is more than the 3.3% EPS growth achieved over the last 5 years. Reported Earnings • Oct 24
Second quarter 2025 earnings released: EPS: US$0.83 (vs US$0.98 in 2Q 2024) Second quarter 2025 results: EPS: US$0.83 (down from US$0.98 in 2Q 2024). Revenue: US$6.76m (down 5.3% from 2Q 2024). Net income: US$4.03m (down 15% from 2Q 2024). Profit margin: 60% (down from 66% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year. Announcement • Oct 24
NVE Corporation Announces Quarterly Cash Dividend, Payable on November 29, 2024 NVE Corporation announced that its Board of Directors approved quarterly cash dividend to shareholders of $1.00 per share of common stock, payable November 29, 2024, to shareholders of record as of November 4, 2024. Declared Dividend • Jul 22
First quarter dividend of US$1.00 announced Shareholders will receive a dividend of US$1.00. Ex-date: 29th July 2024 Payment date: 30th August 2024 Dividend yield will be 5.2%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is not covered by earnings (115% earnings payout ratio) nor is it covered by cash flows (107% cash payout ratio). The dividend has not increased over the past 9 years but payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 28% to bring the payout ratio under control, which is more than the 3.5% EPS growth achieved over the last 5 years. Reported Earnings • Jul 18
First quarter 2025 earnings released: EPS: US$0.85 (vs US$0.91 in 1Q 2024) First quarter 2025 results: EPS: US$0.85 (down from US$0.91 in 1Q 2024). Revenue: US$6.78m (down 23% from 1Q 2024). Net income: US$4.10m (down 7.0% from 1Q 2024). Profit margin: 60% (up from 50% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Jul 11
NVE Corporation to Report Q1, 2025 Results on Jul 17, 2024 NVE Corporation announced that they will report Q1, 2025 results After-Market on Jul 17, 2024 Announcement • Jun 19
NVE Corporation, Annual General Meeting, Aug 01, 2024 NVE Corporation, Annual General Meeting, Aug 01, 2024. Location: 11409 valley view road, eden prairie, minnesota, 55344, eden prairie United States Declared Dividend • May 06
Fourth quarter dividend of US$1.00 announced Shareholders will receive a dividend of US$1.00. Ex-date: 10th May 2024 Payment date: 31st May 2024 Dividend yield will be 5.4%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is not covered by earnings (113% earnings payout ratio) nor is it covered by cash flows (106% cash payout ratio). The dividend has not increased over the past 9 years but payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 25% to bring the payout ratio under control, which is more than the 3.4% EPS growth achieved over the last 5 years. Reported Earnings • May 02
Full year 2024 earnings released: EPS: US$3.54 (vs US$4.70 in FY 2023) Full year 2024 results: EPS: US$3.54 (down from US$4.70 in FY 2023). Revenue: US$29.8m (down 22% from FY 2023). Net income: US$17.1m (down 25% from FY 2023). Profit margin: 57% (down from 59% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Apr 26
NVE Corporation to Report Q4, 2024 Results on May 01, 2024 NVE Corporation announced that they will report Q4, 2024 results After-Market on May 01, 2024 Buy Or Sell Opportunity • Mar 28
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to €80.50. The fair value is estimated to be €66.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 24%. Reported Earnings • Jan 18
Third quarter 2024 earnings released: EPS: US$0.87 (vs US$0.88 in 3Q 2023) Third quarter 2024 results: EPS: US$0.87 (down from US$0.88 in 3Q 2023). Revenue: US$6.76m (down 8.7% from 3Q 2023). Net income: US$4.18m (down 1.1% from 3Q 2023). Profit margin: 62% (up from 57% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Jan 18
Now 20% undervalued Over the last 90 days, the stock is up 2.4%. The fair value is estimated to be €81.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 25%. Announcement • Jan 11
NVE Corporation to Report Q3, 2024 Results on Jan 17, 2024 NVE Corporation announced that they will report Q3, 2024 results After-Market on Jan 17, 2024 Buying Opportunity • Nov 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be €80.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 25%. Buying Opportunity • Nov 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be €81.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 25%. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €62.50, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 89% over the past three years. Buying Opportunity • Oct 20
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be €84.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 25%. Announcement • Oct 19
NVE Corporation Approves Quarterly Cash Dividend, Payable on November 30, 2023 NVE Corporation announced that its Board of Directors approved a quarterly cash dividend to shareholders of $1.00 per share of common stock, payable November 30, 2023, to shareholders of record as of October 30, 2023. Announcement • Oct 12
NVE Corporation to Report Q2, 2024 Results on Oct 18, 2023 NVE Corporation announced that they will report Q2, 2024 results After-Market on Oct 18, 2023 Buying Opportunity • Oct 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 9.6%. The fair value is estimated to be €95.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 23%. Buying Opportunity • Sep 19
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €95.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 23%. Buying Opportunity • Aug 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €93.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 23%. Buying Opportunity • Aug 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 9.3%. The fair value is estimated to be €91.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 23%. Reported Earnings • Jul 20
First quarter 2024 earnings released: EPS: US$0.91 (vs US$0.86 in 1Q 2023) First quarter 2024 results: EPS: US$0.91 (up from US$0.86 in 1Q 2023). Revenue: US$8.83m (up 20% from 1Q 2023). Net income: US$4.40m (up 6.4% from 1Q 2023). Profit margin: 50% (down from 56% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 19% per year. Announcement • Jul 13
NVE Corporation to Report Q1, 2024 Results on Jul 19, 2023 NVE Corporation announced that they will report Q1, 2024 results After-Market on Jul 19, 2023 Announcement • Jun 21
NVE Corporation, Annual General Meeting, Aug 03, 2023 NVE Corporation, Annual General Meeting, Aug 03, 2023, at 15:30 Central Daylight. Location: Marriott, 11552 Leona Road, Eden Prairie, Minnesota, 55 Eden Prairie Minnesota United States Agenda: To consider Board of Directors recommends a vote FOR each of the Director nominees; to consider approval of named executive officer compensation; to consider vote on the frequency of votes on executive compensation; and to consider Ratify the selection of Boulay PLLP as our independent registered public accounting firm for the fiscal year ending March 31, 2024. Recent Insider Transactions • May 14
CEO, President & Director recently sold €1.6m worth of stock On the 10th of May, Daniel Baker sold around 20k shares on-market at roughly €79.41 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Daniel's only on-market trade for the last 12 months. Reported Earnings • May 05
Full year 2023 earnings released: EPS: US$4.70 (vs US$3.00 in FY 2022) Full year 2023 results: EPS: US$4.70 (up from US$3.00 in FY 2022). Revenue: US$38.3m (up 42% from FY 2022). Net income: US$22.7m (up 56% from FY 2022). Profit margin: 59% (up from 54% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year and the company’s share price has also increased by 17% per year. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €80.00, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 18x in the Semiconductor industry in Germany. Total returns to shareholders of 93% over the past three years. Reported Earnings • Jan 27
Third quarter 2023 earnings released: EPS: US$0.88 (vs US$0.72 in 3Q 2022) Third quarter 2023 results: EPS: US$0.88 (up from US$0.72 in 3Q 2022). Revenue: US$7.40m (up 18% from 3Q 2022). Net income: US$4.23m (up 22% from 3Q 2022). Profit margin: 57% (up from 55% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Jan 17
NVE Corporation to Report Q3, 2023 Results on Jan 25, 2023 NVE Corporation announced that they will report Q3, 2023 results After-Market on Jan 25, 2023 Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment improved over the past week After last week's 29% share price gain to €62.50, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 33% over the past three years. Reported Earnings • Oct 22
Second quarter 2023 earnings released: EPS: US$1.26 (vs US$0.75 in 2Q 2022) Second quarter 2023 results: EPS: US$1.26 (up from US$0.75 in 2Q 2022). Revenue: US$10.7m (up 57% from 2Q 2022). Net income: US$6.09m (up 67% from 2Q 2022). Profit margin: 57% (up from 53% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Oct 13
NVE Corporation to Report Q2, 2023 Results on Oct 19, 2022 NVE Corporation announced that they will report Q2, 2023 results After-Market on Oct 19, 2022 Reported Earnings • Jul 22
First quarter 2023 earnings released: EPS: US$0.86 (vs US$0.74 in 1Q 2022) First quarter 2023 results: EPS: US$0.86 (up from US$0.74 in 1Q 2022). Revenue: US$7.34m (up 2.6% from 1Q 2022). Net income: US$4.14m (up 16% from 1Q 2022). Profit margin: 56% (up from 50% in 1Q 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Jul 21
NVE Corporation Announces Quarterly Cash Dividend, Payable on August 31, 2022 NVE Corporation announced a quarterly cash dividend to shareholders of $1.00 per share of common stock, payable August 31, 2022 to shareholders of record as of August 1, 2022. Announcement • Jul 14
NVE Corporation to Report Q1, 2023 Results on Jul 20, 2022 NVE Corporation announced that they will report Q1, 2023 results After-Market on Jul 20, 2022 Announcement • Jun 22
NVE Corporation, Annual General Meeting, Aug 04, 2022 NVE Corporation, Annual General Meeting, Aug 04, 2022, at 15:30 Central Daylight. Location: SpringHill Suites by Marriott, 11552 Leona Road Eden Prairie Minnesota United States Agenda: To Elect five directors; to consider Advisory approval of named executive officer compensation; and to Ratify the selection of Boulay PLLP as company's independent registered public accounting firm for the fiscal year ending March 31, 2023. Reported Earnings • May 06
Full year 2022 earnings released: EPS: US$3.00 (vs US$2.42 in FY 2021) Full year 2022 results: EPS: US$3.00 (up from US$2.42 in FY 2021). Revenue: US$27.0m (up 26% from FY 2021). Net income: US$14.5m (up 24% from FY 2021). Profit margin: 54% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Reported Earnings • Jan 20
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: US$0.72 (down from US$0.81 in 3Q 2021). Revenue: US$6.29m (down 3.7% from 3Q 2021). Net income: US$3.47m (down 12% from 3Q 2021). Profit margin: 55% (down from 60% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 2.2%. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Reported Earnings • Oct 22
Second quarter 2022 earnings released: EPS US$0.75 (vs US$0.46 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: US$6.82m (up 56% from 2Q 2021). Net income: US$3.65m (up 64% from 2Q 2021). Profit margin: 53% (up from 51% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year. Executive Departure • Oct 10
CFO, Treasurer & Secretary Curt Reynders has left the company On the 1st of October, Curt Reynders' tenure as CFO, Treasurer & Secretary ended. As of June 2021, Curt still personally held 2.87k shares (€175k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 21.25 years. Recent Insider Transactions • Sep 01
CFO, Treasurer & Secretary recently sold €144k worth of stock On the 27th of August, Curt Reynders sold around 2k shares on-market at roughly €59.84 per share. This was the largest sale by an insider in the last 3 months. This was Curt's only on-market trade for the last 12 months. Executive Departure • Aug 11
Independent Director Gary Maharaj has left the company On the 5th of August, Gary Maharaj's tenure as Independent Director ended after 7.0 years in the role. We don't have any record of a personal shareholding under Gary's name. Gary is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 20.58 years. Reported Earnings • Jul 23
First quarter 2022 earnings released: EPS US$0.74 (vs US$0.50 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: US$7.15m (up 56% from 1Q 2021). Net income: US$3.58m (up 48% from 1Q 2021). Profit margin: 50% (down from 53% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 12% per year. Announcement • May 07
NVE Corporation Announces Quarterly Cash Dividend, Payable May 31, 2021 NVE Corporation announced a quarterly cash dividend to shareholders of $1.00 per share of common stock, payable May 31, 2021 to shareholders of record as of May 17, 2021. Reported Earnings • May 07
Full year 2021 earnings released: EPS US$2.42 (vs US$3.00 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: US$21.4m (down 16% from FY 2020). Net income: US$11.7m (down 20% from FY 2020). Profit margin: 55% (down from 57% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 9% per year. Is New 90 Day High Low • Mar 12
New 90-day high: €60.50 The company is up 44% from its price of €42.00 on 11 December 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 20% over the same period. Reported Earnings • Jan 21
Third quarter 2021 earnings released: EPS US$0.81 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$6.53m (up 1.1% from 3Q 2020). Net income: US$3.93m (up 5.2% from 3Q 2020). Profit margin: 60% (up from 58% in 3Q 2020). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year. Is New 90 Day High Low • Jan 14
New 90-day high: €52.00 The company is up 27% from its price of €40.80 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 30% over the same period. Announcement • Jan 12
NVE Corporation to Report Q3, 2021 Results on Jan 20, 2021 NVE Corporation announced that they will report Q3, 2021 results After-Market on Jan 20, 2021 Is New 90 Day High Low • Dec 29
New 90-day high: €45.00 The company is up 7.0% from its price of €42.00 on 30 September 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 33% over the same period. Is New 90 Day High Low • Oct 24
New 90-day low: €40.00 The company is down 19% from its price of €49.40 on 24 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 18% over the same period. Reported Earnings • Oct 22
First half earnings released Over the last 12 months the company has reported total profits of US$11.7m, down 14% from the prior year. Total revenue was US$21.6m over the last 12 months, down 13% from the prior year. Announcement • Oct 13
NVE Corporation to Report Q2, 2021 Results on Oct 21, 2020 NVE Corporation announced that they will report Q2, 2021 results at 5:00 PM, Eastern Standard Time on Oct 21, 2020 Is New 90 Day High Low • Oct 02
New 90-day low: €40.40 The company is down 24% from its price of €53.00 on 03 July 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 19% over the same period. Announcement • Jul 17
NVE Corporation to Report Q1, 2021 Results on Jul 22, 2020 NVE Corporation announced that they will report Q1, 2021 results at 5:00 PM, Eastern Standard Time on Jul 22, 2020