NVE Corporation (NVEC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of NVE Corporation stock $42.55, price $75.98, that is 44.0% below the price, quality 78 out of 100. Rating: strongly overvalued. Calculated from audited financials with 25 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range $35.10 – $134.21 · fair‑value band $30.13 – $57.34 · the $75.98 price screens above the $42.55 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 7, 2026.
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NVE Corporation develops and sells devices that use spintronics, a nanotechnology relying on electron spin to acquire, store, and transmit information in the United States. The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data.
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Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position, rotation, or speed for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches.
The company also offers spintronic couplers for power conversion, industrial Internet of Things (IIoT), and the Artificial Intelligence of Things (AIoT) markets; DC-to-DC converters for use in energy conversion systems and industrial networks for IIoT and AIoT. Additionally, it undertakes contracts for research and development and licenses spintronic magnetoresistive random access memory technology.
The company sells its products through distributors. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.
Stock analysis
NVE Corporation (NVEC) currently trades at $75.98, while our model-based Fair Value estimate is $42.55, 44% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $68.36 per share, and 2 of the 25 models we run sit above the $75.98 price.
Bear case: the Asset-Based group reads lowest at $6.11, and 23 of the 25 models stay below the price. Data coverage for this calculation is high.
Scenario range: $30.13 (bear) to $57.34 (bull), the price of $75.98 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 78/100 (high quality), in the Technology sector.
Mixed Growth: Spin-off in 2000: revenue and profit before it include the divested business. Growth is measured afresh from 2000.
NVE Corporation reported revenue of $26.3M in FY2026 versus $27.0M in FY2022, a compound −0.6%/yr. Reported net income was $15.2M in FY2026, compounding +1.2%/yr from FY2022.
Key figures
Market cap $368M Small · P/E ratio 20.6 · P/S ratio 12.0 · EPS (TTM) $3.69 · Dividend yield 5.3% · Net margin 58.2% · Return on equity 30.4% · Return on assets (EBIT) 28.0% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 91 out of 100 (medium confidence).
What moves the price
The share trades about 43% below its 52-week high and 36% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at −44%, NVEC screens richer than that median.
Fair Value models
Bear$30.13Fair Value $42.55Bull$57.34
Price $75.98 · Downside -44.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, one officer or director sold shares worth $5.2M and none bought.
SaleDaniel A BakerDirector5× since Jan 27, 2026: 49,629 shares, avg. $107.64$5.3MSep 8, 2026
Plus 4 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.55/100
Spin-off in 2000: revenue and profit before it include the divested business. Growth is measured afresh from 2000.
Revenue growth 1 year
+1.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−11.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.3%
Start year 2021 (pandemic). Over 10 years: −0.5% a year
Revenue growth 26 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.7%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+6.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+0.9%
Dividend (yield on the price)5.3%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.0.9% vs 1.6%, steady
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.60% → 61%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+18.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +16.0% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Semiconductors · 370 stocks
Beats the industry median on 10/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score78 · Top 25%
Fair Value upside−44.0% · Below median
Profitability
Return on equity (12 months)30.4% · Top 25%
Return on assets25.0% · Top 25%
Net margin (12 months)58.2% · Top 25%
Operating margin (12 months)55.0% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−8.1% · Bottom 25%
Dividend yield (12 months)5.3% · Top 25%
Valuation Multiplesvs Semiconductors median · lower = cheaper
P/E (12 months)20.6× · Cheaper than median
P/B6.32× · Priciest 25%
P/S (12 months)11.97× · Priciest 25%
Price / free cash flow (fiscal year)25.5× · Cheaper than median
EV/EBITDA18.6× · Cheaper than median
PEG0.84× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 100
PAST (return on equity)100· sector 28
HEALTH (low debt)100· sector 96
DIVIDEND (yield)100· sector 20
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "NVE Corporation Fair Value". https://www.fairvalue-calculator.com/stock/NVEC
Frequently asked questions
Is NVE Corporation (NVEC) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of $42.55 versus a price of $75.98, about 44% lower (overvalued).
What is the fair value of NVEC?
Our model-based fair value for NVE Corporation is $42.55 (as of Nov 7, 2026), built from audited fundamentals. The current price: $75.98.
What is the quality score of NVEC?
NVE Corporation has a Quality Score of 78/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for NVE Corporation (NVEC)?
Our model-based price target is the fair value of $42.55 (as of Nov 7, 2026) from 25 valuation models. Cautious scenario $30.13, optimistic scenario $57.34. It is a calculation from audited fundamentals, not an analyst target.
What is the NVE Corporation stock forecast for 2026?
Our models put fair value at $42.55, about 44% lower versus a price of $75.98 (overvalued). Cautious scenario $30.13, optimistic scenario $57.34. The calculation is refreshed regularly with new filings.
What is the revenue of NVE Corporation (NVEC)?
NVE Corporation reported trailing-twelve-month revenue of about $30.7M (latest available figure, as of Nov 7, 2026).
Does NVE Corporation pay a dividend?
NVE Corporation currently shows a dividend yield of 5.26% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of NVE Corporation (NVEC) and when is the ex-dividend date?
NVE Corporation pays a dividend of $4.00 per share a year, a dividend yield of 5.3%. The last ex-dividend date was Nov 2, 2026. A dividend has been paid every year since 2015. The payout ratio is 108% of earnings. Free cash flow covers the dividend 0.75 times. Our assessment: Pays more than it earns. The company pays out more in dividends than it earns, and free cash flow clearly does not cover the dividend either. It may need to be cut unless profits recover.
What growth is priced into NVE Corporation (NVEC)?
For today's price to be fair in a discounted-cash-flow model, NVE Corporation would have to grow free cash flow by +18.8 % per year for five years (discount rate 12.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.3 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of NVEC use?
Our models discount NVE Corporation at 12.1 %: a base by market capitalisation (small), damped by beta 1.29, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For NVE Corporation that is +18.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.1 %) and the same formula as our fair value.
How much growth has NVE Corporation (NVEC) delivered so far?
Over the past 5 years revenue at NVE Corporation grew +4.3 % a year. The price currently implies free-cash-flow growth of +18.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of NVE Corporation (NVEC) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into NVE Corporation (+18.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of NVE Corporation (NVEC)?
The free-cash-flow yield on the price is 3.93 %: that much free cash flow NVE Corporation produces per unit of market value. When it exceeds the discount rate of our models (12.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of NVE Corporation (NVEC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For NVE Corporation it is $42.55 per share (as of Nov 7, 2026), against a price of $75.98. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is NVE Corporation stock overvalued or undervalued in 2026?
As of Nov 7, 2026, NVEC trades above its calculated fair value: price $75.98, fair value $42.55, a gap of about −44% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of NVEC?
No. The price is what the market pays today ($75.98); the fair value is what the company's own numbers justify ($42.55). For NVE Corporation the two are $33.43 per share apart. That gap is exactly why we show both numbers side by side.
How much is NVE Corporation worth?
The market values NVE Corporation at about $368M (market capitalisation, as of Nov 7, 2026). Per share that is $75.98; our models calculate a fair value of $42.55 per share.
What do the bullish and bearish scenarios say about NVEC?
Our models span a range for NVE Corporation: cautious scenario $30.13, base $42.55, optimistic $57.34 per share (as of Nov 7, 2026, price $75.98). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of NVEC?
NVE Corporation trades at a price-to-earnings ratio of 20.6 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $42.55 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2017 to 2026), reported earnings: 23.2. Other multiples: PEG 0.8, P/B 6.3, P/S 12.0, EV/EBITDA 18.6.
What is the PEG ratio of NVEC?
The PEG ratio of NVE Corporation is 0.84 (P/E divided by earnings growth, as of Nov 7, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of NVE Corporation (NVEC)?
Balance-sheet figures for NVE Corporation (as of Nov 7, 2026): return on equity 30.4%. They feed the Quality Score of 78/100, which measures business quality independently of the share price.
How far is NVEC from its 52-week high?
NVE Corporation trades at $75.98, about 43% below its 52-week high of $134.21 and 36% above the low of $55.94 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $42.55 is for.
Which stocks are comparable to NVE Corporation?
From the same area (Technology) we also value NVIDIA Corporation, Taiwan Semiconductor Manufacturing Company, Broadcom Inc, Micron Technology, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is NVE Corporation stock attractive at the current price?
The data as of Nov 7, 2026: price $75.98, calculated fair value $42.55 (−44%), Quality Score 78/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of NVEC calculated?
We run NVE Corporation through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $42.55 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. NVE Corporation itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of NVE Corporation (NVEC)?
The closing price on Nov 6, 2026 was $75.98. Our model-based fair value is $42.55, about 44% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with NVE Corporation right now?
A high-quality business (quality 78/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety. The price sits above even our optimistic bull case ($57.34). The favourable scenario is already priced in. A fairly wide model range ($30.13 to $57.34) leaves room in how you read the outcome.
Where does the earnings growth of NVE Corporation (NVEC) come from?
Earnings per share at NVE Corporation grew +2.0 % a year from 2015 to 2026. Broken into its drivers: revenue per share −0.6 %, EBIT margin +0.1 %, tax rate +2.5 %, residual (interest, one-offs) +0.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of NVE Corporation
How large is the market capitalisation of NVE Corporation (NVEC)?
The market capitalisation of NVE Corporation is $368M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of NVE Corporation (NVEC)?
The price-to-sales ratio of NVE Corporation is 12.0 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of NVE Corporation (NVEC)?
Earnings per share at NVE Corporation are $3.69 (price ÷ EPS = P/E 20.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of NVE Corporation (NVEC)?
The dividend yield of NVE Corporation is 5.3% (payout 108%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of NVE Corporation (NVEC)?
The net margin of NVE Corporation is 58.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of NVE Corporation (NVEC)?
The return on equity (ROE) of NVE Corporation is 30.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of NVE Corporation (NVEC)?
On an EBIT basis the return on assets of NVE Corporation is 28.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of NVE Corporation (NVEC)?
The operating margin of NVE Corporation is 55.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at NVE Corporation (NVEC)?
Revenue at NVE Corporation is growing −8.1% versus a year earlier (3y avg −11.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at NVE Corporation (NVEC)?
Earnings per share at NVE Corporation are growing −4.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does NVE Corporation (NVEC) hold?
NVE Corporation holds more cash than debt, $809K net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 7, 2026