Nova Future Growth
Future criteria checks 4/6
Nova is forecast to grow earnings and revenue by 16.2% and 15.4% per annum respectively. EPS is expected to grow by 12.5% per annum. Return on equity is forecast to be 23.3% in 3 years.
Key information
16.2%
Earnings growth rate
12.5%
EPS growth rate
| Semiconductor earnings growth | 27.0% |
| Revenue growth rate | 15.4% |
| Future return on equity | 23.3% |
| Analyst coverage | Good |
| Last updated | 16 Sep 2024 |
Recent future growth updates
Recent updates
Is Nova Ltd. (NASDAQ:NVMI) Worth US$189 Based On Its Intrinsic Value?
Sep 17
Nova: The Correlation With The Leading AI Play Is Starting To Weigh Heavy
Sep 08Returns At Nova (NASDAQ:NVMI) Appear To Be Weighed Down
Sep 04Nova Ltd. (NASDAQ:NVMI) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Aug 03At US$236, Is Nova Ltd. (NASDAQ:NVMI) Worth Looking At Closely?
Jul 15Nova: Continued Excellence Driving Share Gains
Jun 20Does Nova (NASDAQ:NVMI) Have A Healthy Balance Sheet?
Jun 13Optimistic Investors Push Nova Ltd. (NASDAQ:NVMI) Shares Up 26% But Growth Is Lacking
May 29Here's What To Make Of Nova's (NASDAQ:NVMI) Decelerating Rates Of Return
May 25Is It Time To Consider Buying Nova Ltd. (NASDAQ:NVMI)?
Apr 06Nova: Could Be Getting Too Hot To Handle
Mar 12What Nova Ltd.'s (NASDAQ:NVMI) 27% Share Price Gain Is Not Telling You
Mar 02Is Nova (NASDAQ:NVMI) Using Too Much Debt?
Feb 14Slowing Rates Of Return At Nova (NASDAQ:NVMI) Leave Little Room For Excitement
Jan 14Nova Ltd.'s (NASDAQ:NVMI) Business Is Yet to Catch Up With Its Share Price
Dec 29When Should You Buy Nova Ltd. (NASDAQ:NVMI)?
Dec 14Nova (NASDAQ:NVMI) Has A Rock Solid Balance Sheet
Nov 06Here's What Nova's (NASDAQ:NVMI) Strong Returns On Capital Mean
Oct 06At US$128, Is Nova Ltd. (NASDAQ:NVMI) Worth Looking At Closely?
Sep 03Nova (NASDAQ:NVMI) Seems To Use Debt Rather Sparingly
Jul 31Nova (NASDAQ:NVMI) Will Be Hoping To Turn Its Returns On Capital Around
Jun 30When Should You Buy Nova Ltd. (NASDAQ:NVMI)?
May 31Nova (NASDAQ:NVMI) Could Easily Take On More Debt
Apr 29Nova (NASDAQ:NVMI) Will Be Hoping To Turn Its Returns On Capital Around
Mar 25Why Nova Ltd. (NASDAQ:NVMI) Could Be Worth Watching
Feb 22Is Nova (NASDAQ:NVMI) Using Too Much Debt?
Jan 21Nova (NASDAQ:NVMI) Will Want To Turn Around Its Return Trends
Dec 21Nova (NASDAQ:NVMI) Seems To Use Debt Rather Sparingly
Oct 09Does This Valuation Of Nova Ltd. (NASDAQ:NVMI) Imply Investors Are Overpaying?
Sep 11Slowing Rates Of Return At Nova (NASDAQ:NVMI) Leave Little Room For Excitement
Aug 27Nova Ltd. Or Caterpillar: Best Machinery Near-Term Capital Gain Prospect
Aug 26Is Now The Time To Look At Buying Nova Ltd. (NASDAQ:NVMI)?
Aug 10Nova Measuring Instruments Non-GAAP EPS of $1.24 beats by $0.05, revenue of $141.63M beats by $4.67M
Aug 04NOVA VERAFLEX multiple tools purchased by a leading analog manufacturer
Jul 07Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 823 | 245 | N/A | N/A | 2 |
| 12/31/2025 | 759 | 210 | 226 | 235 | 6 |
| 12/31/2024 | 648 | 178 | 187 | 193 | 6 |
| 6/30/2024 | 562 | 154 | 180 | 196 | N/A |
| 3/31/2024 | 528 | 139 | 143 | 160 | N/A |
| 12/31/2023 | 518 | 136 | 106 | 124 | N/A |
| 9/30/2023 | 535 | 134 | 126 | 144 | N/A |
| 6/30/2023 | 550 | 136 | 109 | 129 | N/A |
| 3/31/2023 | 569 | 141 | 109 | 130 | N/A |
| 12/31/2022 | 571 | 140 | 98 | 120 | N/A |
| 9/30/2022 | 541 | 126 | 75 | 90 | N/A |
| 6/30/2022 | 510 | 122 | 100 | 111 | N/A |
| 3/31/2022 | 466 | 110 | 104 | 112 | N/A |
| 12/31/2021 | 416 | 93 | 127 | 132 | N/A |
| 9/30/2021 | 371 | 85 | 114 | 118 | N/A |
| 6/30/2021 | 328 | 68 | 82 | 87 | N/A |
| 3/31/2021 | 293 | 54 | 75 | 79 | N/A |
| 12/31/2020 | 269 | 48 | 54 | 60 | N/A |
| 9/30/2020 | 258 | 47 | 59 | 70 | N/A |
| 6/30/2020 | 241 | 41 | 41 | 57 | N/A |
| 3/31/2020 | 229 | 39 | 16 | 37 | N/A |
| 12/31/2019 | 225 | 35 | 19 | 41 | N/A |
| 9/30/2019 | 223 | 38 | 21 | 39 | N/A |
| 6/30/2019 | 234 | 43 | 23 | 33 | N/A |
| 3/31/2019 | 245 | 48 | 36 | 41 | N/A |
| 12/31/2018 | 251 | 54 | 33 | 37 | N/A |
| 9/30/2018 | 245 | 47 | 27 | 32 | N/A |
| 6/30/2018 | 236 | 46 | 32 | 38 | N/A |
| 3/31/2018 | 230 | 47 | N/A | 51 | N/A |
| 12/31/2017 | 222 | 46 | N/A | 62 | N/A |
| 9/30/2017 | 215 | 47 | N/A | 51 | N/A |
| 6/30/2017 | 205 | 30 | N/A | 40 | N/A |
| 3/31/2017 | 184 | 20 | N/A | 23 | N/A |
| 12/31/2016 | 164 | 10 | N/A | -4 | N/A |
| 9/30/2016 | 154 | 6 | N/A | 10 | N/A |
| 6/30/2016 | 150 | 17 | N/A | 19 | N/A |
| 3/31/2016 | 155 | 16 | N/A | 20 | N/A |
| 12/31/2015 | 149 | 16 | N/A | 26 | N/A |
| 9/30/2015 | 134 | 14 | N/A | 25 | N/A |
| 6/30/2015 | 121 | 12 | N/A | 24 | N/A |
| 3/31/2015 | 113 | 15 | N/A | 22 | N/A |
| 12/31/2014 | 121 | 19 | N/A | 34 | N/A |
| 9/30/2014 | 125 | 18 | N/A | 23 | N/A |
| 6/30/2014 | 123 | 17 | N/A | 20 | N/A |
| 3/31/2014 | 119 | 15 | N/A | 21 | N/A |
| 12/31/2013 | 112 | 11 | N/A | 11 | N/A |
| 9/30/2013 | 103 | 10 | N/A | 8 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NVMI's forecast earnings growth (16.2% per year) is above the savings rate (2.5%).
Earnings vs Market: NVMI's earnings (16.2% 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 (15.4% per year) is forecast to grow faster than the US market (8.8% per year).
High Growth Revenue: NVMI's revenue (15.4% 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 (23.3%)