(NVMI) Nova - Overview
Sector: Technology | Industry: Semiconductor Equipment & Materials | Exchange: NASDAQ (USA) | Market Cap: 15.977m USD | Total Return: 115.4% in 12m
Avg Turnover: 207M
EPS Trend: 97.6%
Qual. Beats: 0
Rev. Trend: 95.7%
Qual. Beats: 1
Warnings
Below Avwap Earnings
Tailwinds
Confidence
Nova Ltd. (NVMI) designs and manufactures high-precision metrology systems used for process control in semiconductor fabrication. Its technology portfolio enables dimensional, film, and material measurements across critical manufacturing stages, including lithography, etching, and chemical mechanical planarization.
The company operates within the semiconductor capital equipment sector, providing essential quality control tools to logic, foundry, and memory manufacturers. As chip architectures transition to smaller nodes and complex 3D structures, the demand for advanced metrology increases to maintain production yields and ensure structural integrity.
Nova serves a global customer base with significant operations in major semiconductor hubs such as Taiwan, China, and the United States. Investors may find additional data points and valuation metrics on ValueRay to further their analysis of the companys market position.
- Adoption of gate-all-around transistor architecture increases demand for high-end metrology solutions
- Expansion of advanced packaging capacity drives demand for chemical and material metrology
- Geopolitical trade restrictions on China impact long-term revenue growth in key markets
- Transition to 3D DRAM and high-stack NAND architectures accelerates process control spending
- Capital expenditure cycles of major logic and memory foundries dictate quarterly performance
| Net Income: 263.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -7.10 > 1.0 |
| NWC/Revenue: 60.50% < 20% (prev 63.71%; Δ -3.21% < -1%) |
| CFO/TA 0.09 > 3% & CFO 217.1m > Net Income 263.7m |
| Net Debt (-230.8m) to EBITDA (293.9m): -0.79 < 3 |
| Current Ratio: 1.58 > 1.5 & < 3 |
| Outstanding Shares: last quarter (34.4m) vs 12m ago 7.41% < -2% |
| Gross Margin: 57.46% > 18% (prev 57.28%; Δ 0.18% > 0.5%) |
| Asset Turnover: 46.53% > 50% (prev 50.82%; Δ -4.30% > 0%) |
| Interest Coverage Ratio: 116.8 > 6 (EBIT TTM 270.6m / Interest Expense TTM 2.32m) |
| A: 0.23 (Total Current Assets 1.49b - Total Current Liabilities 943.9m) / Total Assets 2.42b |
| B: 0.44 (Retained Earnings 1.06b / Total Assets 2.42b) |
| C: 0.14 (EBIT TTM 270.6m / Avg Total Assets 1.94b) |
| D: 1.35 (Book Value of Equity 1.39b / Total Liabilities 1.03b) |
| Altman-Z'' = 5.26 = AAA |
| DSRI: 1.15 (Receivables 176.9m/126.9m, Revenue 902.5m/744.0m) |
| GMI: 1.00 (GM 57.28% / 57.46%) |
| AQI: 1.04 (AQ_t 0.32 / AQ_t-1 0.31) |
| SGI: 1.21 (Revenue 902.5m / 744.0m) |
| TATA: 0.02 (NI 263.7m - CFO 217.1m) / TA 2.42b) |
| Beneish M = -2.73 (Cap -4..+1) = A |
As of June 08, 2026, the stock is trading at USD 475.76 with a total of 969,595 shares traded.
Over the past week, the price has changed by -5.29%,
over one month by -5.70%,
over three months by +9.86% and
over the past year by +115.38%.
Nova has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy NVMI.
- StrongBuy: 5
- Buy: 2
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 597.6 | 25.6% |
P/E Trailing = 62.8698
P/E Forward = 46.9484
P/S = 17.7027
P/B = 11.5144
P/EG = 1.4554
Revenue TTM = 902.5m USD
EBIT TTM = 270.6m USD
EBITDA TTM = 293.9m USD
Long Term Debt = 731.7m USD (from longTermDebt, last fiscal year)
Short Term Debt = 742.1m USD (from shortTermDebt, last quarter)
Debt = 867.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 67.5m
Net Debt = -230.8m USD (calculated: Debt 867.7m - CCE 1.10b)
Enterprise Value = 15.7b USD (16.0b + Debt 867.7m - CCE 1.10b)
Interest Coverage Ratio = 116.8 (Ebit TTM 270.6m / Interest Expense TTM 2.32m)
EV/FCF = 81.06x (Enterprise Value 15.7b / FCF TTM 194.3m)
FCF Yield = 1.23% (FCF TTM 194.3m / Enterprise Value 15.7b)
FCF Margin = 21.52% (FCF TTM 194.3m / Revenue TTM 902.5m)
Net Margin = 29.21% (Net Income TTM 263.7m / Revenue TTM 902.5m)
Gross Margin = 57.46% ((Revenue TTM 902.5m - Cost of Revenue TTM 383.9m) / Revenue TTM)
Gross Margin QoQ = 57.66% (prev 57.60%)
Tobins Q-Ratio = 6.52 (Enterprise Value 15.7b / Total Assets 2.42b)
Interest Expense / Debt = 0.27% (Interest Expense 2.32m / Debt 867.7m)
Taxrate = 15.22% (47.3m / 311.0m)
NOPAT = 229.4m (EBIT 270.6m * (1 - 15.22%))
Current Ratio = 1.58 (Total Current Assets 1.49b / Total Current Liabilities 943.9m)
Debt / Equity = 0.63 (Debt 867.7m / totalStockholderEquity, last quarter 1.39b)
Debt / EBITDA = -0.79 (Net Debt -230.8m / EBITDA 293.9m)
Debt / FCF = -1.19 (Net Debt -230.8m / FCF TTM 194.3m)
Total Stockholder Equity = 1.24b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.59% (Net Income 263.7m / Total Assets 2.42b)
RoE = 21.21% (Net Income TTM 263.7m / Total Stockholder Equity 1.24b)
RoCE = 13.70% (EBIT 270.6m / Capital Employed (Equity 1.24b + L.T.Debt 731.7m))
RoIC = 10.58% (NOPAT 229.4m / Invested Capital 2.17b)
WACC = 13.10% (E(16.0b)/V(16.8b) * Re(13.80%) + D(867.7m)/V(16.8b) * Rd(0.27%) * (1-Tc(0.15)))
Discount Rate = 13.80% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 44.95 | Cagr: 3.29%
[DCF] Terminal Value 58.20% ; FCFF base≈205.2m ; Y1≈184.6m ; Y5≈156.9m
[DCF] Fair Price = 51.55 (EV 1.41b - Net Debt -230.8m = Equity 1.64b / Shares 31.8m; r=13.10% [WACC]; 5y FCF grow -12.37% → 2.50% )
EPS Correlation: 97.65 | EPS CAGR: 30.12% | SUE: 0.65 | # QB: 0
Revenue Correlation: 95.68 | Revenue CAGR: 25.93% | SUE: 2.93 | # QB: 1
EPS current Quarter (2026-06-30): EPS=2.41 | Chg30d=+2.89% | Revisions=+60% | Analysts=7
EPS next Quarter (2026-09-30): EPS=2.71 | Chg30d=-0.39% | Revisions=-33% | Analysts=7
EPS current Year (2026-12-31): EPS=10.48 | Chg30d=+1.50% | Revisions=+40% | GrowthEPS=+21.6% | GrowthRev=+20.9%
EPS next Year (2027-12-31): EPS=12.94 | Chg30d=+3.55% | Revisions=+33% | GrowthEPS=+23.4% | GrowthRev=+21.3%
[Analyst] Revisions Ratio: +60%