NVE Corp logo

NVEC

NVE Corp

$52.23

Earnings Summary

Revenue
$7.34Mn
Net Profits
$4.14Mn
Net Profit Margins
56.43%
PE Ratio
16.6

Highlights

Revenue:

NVE Corp’s revenue jumped 2.56% since last year same period to $7.34Mn in the Q2 2022. On a quarterly growth basis, NVE Corp has generated 9.18% jump in its revenue since last 3-months.

Net Profits:

NVE Corp’s net profit jumped 15.66% since last year same period to $4.14Mn in the Q2 2022. On a quarterly growth basis, NVE Corp has generated 8.49% jump in its net profits since last 3-months.

Net Profit Margins:

NVE Corp’s net profit margin jumped 12.77% since last year same period to 56.43% in the Q2 2022. On a quarterly growth basis, NVE Corp has generated -0.63% fall in its net profit margins since last 3-months.

PE Ratio:

NVE Corp’s price-to-earnings ratio after this Q2 2022 earnings stands at 16.6.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the NVE Corp post its latest quarter earnings

EPS Estimate Current Quarter
0.61
EPS Estimate Current Year
0.61

Highlights

EPS Estimate Current Quarter:

NVE Corp’s earning per share (EPS) estimates for the current quarter stand at 0.61 - a -7.58% fall from last quarter’s estimates.

EPS Estimate Current Year:

NVE Corp’s earning per share (EPS) estimates for the current year stand at 0.61.

Key Ratios

Key ratios of the NVE Corp post its Q2 2022 earnings

Earning Per Share (EPS)
0.86
Return on Assets (ROA)
0.15
Return on Equity (ROE)
0.23
Dividend Per Share (DPS)
4

Highlights

Earning Per Share (EPS):

NVE Corp’s earning per share (EPS) jumped 14.27% since last year same period to 0.86 in the Q2 2022. This indicates that the NVE Corp has generated 14.27% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. NVE Corp’s return on assets (ROA) stands at 0.15.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. NVE Corp’s return on equity (ROE) stands at 0.23.

Dividend Per Share (DPS):

NVE Corp declared 4 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2017-07-19
0.66
0.68
3.03%
2017-10-18
0.61
0.65
6.56%
2017-05-03
0.71
0.62
-12.68%

Company Information

NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. The company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data.

Organisation
NVE Corp
Headquarters
Eden Prairie, Minnesota, US
Employees
44
Industry
Technology Services
CEO
Daniel Baker