NVE CorporationNVEC

$110.46+8.69 (+8.54%)
NASDAQTechnology24:00 UTC

Company snapshot

Market Cap
$535M
Small-cap
+76%
2016 — today
10-Year Price
+76%
2016 — today
52-Week Range
$57.42$116.92
Current $110.46· 89%

NVE Corporation specializes in the development and sale of advanced devices that leverage spintronics, a nanotechnology harnessing electron spin for the acquisition, storage, and transmission of information. The company's operations span both domestic and international markets. Its core offerings include spintronic sensors and couplers, fundamental components for data acquisition and transfer. The sensor portfolio comprises standard models, predominantly used in factory automation to detect magnetic or metallic materials and ascertain position or speed. Furthermore, NVE crafts custom and medical-grade sensors, designed for integration into medical equipment, where they replace conventional electromechanical magnetic switches. Spintronic couplers are also provided, specifically tailored for applications within the Industrial Internet of Things (IIoT). Beyond its product lines, NVE engages in contract-based research and development and licenses its groundbreaking spintronic magnetoresistive random access memory (MRAM) technology. Established in 1989, NVE Corporation is headquartered in Eden Prairie, Minnesota.

Valuation in context

P/E ratio
35.2
Near historic high
Near historic highs — last 10 years
P/B ratio
9.2
Near historic high
Near historic highs — last 10 years
EV / EBITDA
29.2
Near historic high
Near historic highs — last 10 years
Dividend Yield
3.6%
Near historic low
Near historic low — last 10 years
PEG ratio
6.6
Below average
Below the 10-year average
FCF Yield
2.7%
Near historic low
Near historic low — last 10 years
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