Nova Future Growth

Future criteria checks 4/6

Nova is forecast to grow earnings and revenue by 15.4% and 14.3% per annum respectively. EPS is expected to grow by 11.8% per annum. Return on equity is forecast to be 23.2% in 3 years.

Key information

15.4%

Earnings growth rate

11.8%

EPS growth rate

Semiconductor earnings growth27.1%
Revenue growth rate14.3%
Future return on equity23.2%
Analyst coverage

Good

Last updated17 Dec 2024

Recent future growth updates

Recent updates

Are Nova Ltd. (NASDAQ:NVMI) Investors Paying Above The Intrinsic Value?

Dec 19
Are Nova Ltd. (NASDAQ:NVMI) Investors Paying Above The Intrinsic Value?

Nova: A New Trend May Have Presented Itself

Nov 19

Shareholders Should Be Pleased With Nova Ltd.'s (NASDAQ:NVMI) Price

Nov 04
Shareholders Should Be Pleased With Nova Ltd.'s (NASDAQ:NVMI) Price

When Should You Buy Nova Ltd. (NASDAQ:NVMI)?

Oct 17
When Should You Buy Nova Ltd. (NASDAQ:NVMI)?

Is Nova Ltd. (NASDAQ:NVMI) Worth US$189 Based On Its Intrinsic Value?

Sep 17
Is Nova Ltd. (NASDAQ:NVMI) Worth US$189 Based On Its Intrinsic Value?

Nova: The Correlation With The Leading AI Play Is Starting To Weigh Heavy

Sep 08

Returns At Nova (NASDAQ:NVMI) Appear To Be Weighed Down

Sep 04
Returns At Nova (NASDAQ:NVMI) Appear To Be Weighed Down

Nova Ltd. (NASDAQ:NVMI) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely

Aug 03
Nova Ltd. (NASDAQ:NVMI) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely

At US$236, Is Nova Ltd. (NASDAQ:NVMI) Worth Looking At Closely?

Jul 15
At US$236, Is Nova Ltd. (NASDAQ:NVMI) Worth Looking At Closely?

Nova: Continued Excellence Driving Share Gains

Jun 20

Does Nova (NASDAQ:NVMI) Have A Healthy Balance Sheet?

Jun 13
Does Nova (NASDAQ:NVMI) Have A Healthy Balance Sheet?

Optimistic Investors Push Nova Ltd. (NASDAQ:NVMI) Shares Up 26% But Growth Is Lacking

May 29
Optimistic Investors Push Nova Ltd. (NASDAQ:NVMI) Shares Up 26% But Growth Is Lacking

Here's What To Make Of Nova's (NASDAQ:NVMI) Decelerating Rates Of Return

May 25
Here's What To Make Of Nova's (NASDAQ:NVMI) Decelerating Rates Of Return

Is It Time To Consider Buying Nova Ltd. (NASDAQ:NVMI)?

Apr 06
Is It Time To Consider Buying Nova Ltd. (NASDAQ:NVMI)?

Nova: Could Be Getting Too Hot To Handle

Mar 12

What Nova Ltd.'s (NASDAQ:NVMI) 27% Share Price Gain Is Not Telling You

Mar 02
What Nova Ltd.'s (NASDAQ:NVMI) 27% Share Price Gain Is Not Telling You

Is Nova (NASDAQ:NVMI) Using Too Much Debt?

Feb 14
Is Nova (NASDAQ:NVMI) Using Too Much Debt?

Slowing Rates Of Return At Nova (NASDAQ:NVMI) Leave Little Room For Excitement

Jan 14
Slowing Rates Of Return At Nova (NASDAQ:NVMI) Leave Little Room For Excitement

Nova Ltd.'s (NASDAQ:NVMI) Business Is Yet to Catch Up With Its Share Price

Dec 29
Nova Ltd.'s (NASDAQ:NVMI) Business Is Yet to Catch Up With Its Share Price

Earnings and Revenue Growth Forecasts

NasdaqGS:NVMI - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20268422532482664
12/31/20257872222292447
12/31/20246641861812017
9/30/2024612171180196N/A
6/30/2024562154180196N/A
3/31/2024528139143160N/A
12/31/2023518136106124N/A
9/30/2023535134126144N/A
6/30/2023550136109129N/A
3/31/2023569141109130N/A
12/31/202257114098120N/A
9/30/20225411267590N/A
6/30/2022510122100111N/A
3/31/2022466110104112N/A
12/31/202141693127132N/A
9/30/202137185114118N/A
6/30/2021328688287N/A
3/31/2021293547579N/A
12/31/2020269485460N/A
9/30/2020258475970N/A
6/30/2020241414157N/A
3/31/2020229391637N/A
12/31/2019225351941N/A
9/30/2019223382139N/A
6/30/2019234432333N/A
3/31/2019245483641N/A
12/31/2018251543337N/A
9/30/2018245472732N/A
6/30/201823646N/A38N/A
3/31/201823047N/A51N/A
12/31/201722246N/A62N/A
9/30/201721547N/A51N/A
6/30/201720530N/A40N/A
3/31/201718420N/A23N/A
12/31/201616410N/A-4N/A
9/30/20161546N/A10N/A
6/30/201615017N/A19N/A
3/31/201615516N/A20N/A
12/31/201514916N/A26N/A
9/30/201513414N/A25N/A
6/30/201512112N/A24N/A
3/31/201511315N/A22N/A
12/31/201412119N/A34N/A
9/30/201412518N/A23N/A
6/30/201412317N/A20N/A
3/31/201411915N/A21N/A
12/31/201311211N/A11N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NVMI's forecast earnings growth (15.4% per year) is above the savings rate (2.6%).

Earnings vs Market: NVMI's earnings (15.4% per year) are forecast to grow faster than the US market (15.3% per year).

High Growth Earnings: NVMI's earnings are forecast to grow, but not significantly.

Revenue vs Market: NVMI's revenue (14.3% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: NVMI's revenue (14.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NVMI's Return on Equity is forecast to be high in 3 years time (23.2%)


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 22:33
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nova Ltd. is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark MillerBenchmark Company
Vivek AryaBofA Global Research
Jonathan DorsheimerCanaccord Genuity