NVE Corporation (NVEC) Stock

NVE Corporation (NVEC) is a Technology stock trading at $110.31 (as of 2026-08-20), with a market capitalization of $533.59M and a trailing P/E of 32.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

NVE Corporation develops and sells spintronic devices that acquire, store, and transmit information, including sensors and couplers. Its products include standard sensors for detecting magnetic or metallic materials for industrial uses, custom sensors for medical devices, and spintronic couplers for industrial IoT applications, along with R&D contracts and licensing related to spintronic magnetoresistive RAM technology.

Understand NVE Corporation: how it makes money

NVE Corporation develops and sells spintronic sensors and couplers that use electron spin to acquire, store, and transmit information, and it makes money from product sales and contract research and development.

The profit engine is the sale of spintronic sensor and coupler products, supplemented by contract research and development revenue.

Revenue by segment (latest quarter)
Products$0.0B
R&D Contracts$0.0B

Business quality (Solid): Limited usable data, the provided segment revenues and operating KPI values are 0.0, and there is no segment margin or detailed operating metric beyond the revenue labels.

Valuation: At 31× earnings, NVEC trades 40% below the Semiconductors average (51×). Note: one-time items can distort reported P/E.

Bull case

  • High latest-period profitability indicators: The company reports gross margin of 78.6% and operating margin of 60.2% for 2025-12-31.
  • Focused offering in spintronic devices: Products include standard sensors for factory automation and custom and medical sensors intended to replace electromechanical magnetic switches.

Bear case

  • Revenue visibility is unclear in the provided data: Product Sales Revenue and Contract Research and Development Revenue are both reported as 0.0 in the provided facts for 2025-12-31.
  • Margins without revenue context: The dataset provides high gross and operating margin percentages, but segment revenue values are 0.0, so it is hard to assess whether profitability is sustainable at scale.
Valuation — source: SEC EDGAR (first-party)
Price$110.31
Market Cap$533.59M
P/E Ratio32.0
EV / EBITDA27.6
Price / Book8.93
Price / Sales17.96
FCF Yield2.6%
DCF Value (model)$41.25
DCF Upside vs Price-62.6%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$26.33M
Net Margin57.7%
Revenue Growth (YoY)1.8%
EPS Growth (YoY)0.6%
FCF Growth (YoY)10.8%
Financial Health — source: SEC EDGAR
Altman Z-Score153.12 (safe)
Valuation vs Sector & Industry
Stock P/E32.0
Sector P/E (Technology)33.9
Industry P/E (Electronic Equipment)39.4
vs Sector-5.6%
vs Industry-18.7%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderDefiance ETFs, LLC ($38.02M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryElectronic Equipment
CEODaniel A. Baker
Employees41
CountryUS
IPO Date1995-05-23

Related Companies (Business model: Fabless Semiconductors; 8 closest by market cap; US-domiciled)

  • Arteris, Inc. (AIP)
  • Kopin Corporation (KOPN)
  • indie Semiconductor, Inc. (INDI)
  • Alpha and Omega Semiconductor Limited (AOSL)
  • Array Technologies, Inc. (ARRY)
  • Everspin Technologies, Inc. (MRAM)
  • Aeluma, Inc. (ALMU)
  • GSI Technology, Inc. (GSIT)
NVEC earnings history · NVEC institutional & insider holders · NVEC KPIs & operating metrics · NVEC financials · NVEC investor presentations & press releases · NVEC SEC filings · NVEC peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.