Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
NVEC 
NVE Corporation (NVEC)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
04/01/2025: NVEC (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -33.8% | Avg. Invested days 42 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 365.36M USD | Price to earnings Ratio 22.7 | 1Y Target Price 79 |
Price to earnings Ratio 22.7 | 1Y Target Price 79 | ||
Volume (30-day avg) 20847 | Beta 1.13 | 52 Weeks Range 62.96 - 87.56 | Updated Date 03/30/2025 |
52 Weeks Range 62.96 - 87.56 | Updated Date 03/30/2025 | ||
Dividends yield (FY) 5.29% | Basic EPS (TTM) 3.33 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 58.88% | Operating Margin (TTM) 65.04% |
Management Effectiveness
Return on Assets (TTM) 16.2% | Return on Equity (TTM) 24.55% |
Valuation
Trailing PE 22.7 | Forward PE - | Enterprise Value 287958767 | Price to Sales(TTM) 11.97 |
Enterprise Value 287958767 | Price to Sales(TTM) 11.97 | ||
Enterprise Value to Revenue 11.21 | Enterprise Value to EBITDA 17.86 | Shares Outstanding 4834020 | Shares Floating 4770598 |
Shares Outstanding 4834020 | Shares Floating 4770598 | ||
Percent Insiders 1.3 | Percent Institutions 69.52 |
Analyst Ratings
Rating - | Target Price 79 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
NVE Corporation
Company Overview
History and Background
NVE Corporation was founded in 1989. Initially focused on developing advanced materials, it transitioned to specializing in spintronics technology. A key milestone was its development of Tunneling Magnetoresistance (TMR) sensors and isolators. The company has evolved into a niche provider of high-performance spintronic solutions.
Core Business Areas
- Sensing: Develops and sells sensors based on spintronics for various applications, including industrial, medical, and scientific instrumentation.
- Isolation: Produces isolators that provide electrical isolation in electronic systems, enhancing safety and performance in applications like industrial automation and power electronics.
- MRAM: Researches and develops Magnetoresistive Random Access Memory (MRAM) for specialized applications requiring non-volatile memory solutions.
Leadership and Structure
Daniel A. Baker serves as the President and CEO. The organizational structure comprises engineering, manufacturing, sales, and marketing departments, operating under a board of directors.
Top Products and Market Share
Key Offerings
- TMR Sensors: TMR sensors are used in various applications, including position sensing, current sensing, and speed sensing. They compete with Hall effect sensors and anisotropic magnetoresistive (AMR) sensors. NVE does not provide a specific market share for its sensors. Competitors include Allegro MicroSystems and TDK.
- Isolators: Isolators provide galvanic isolation in applications such as industrial automation, medical devices, and power electronics. Competitors include Broadcom and Texas Instruments. NVE does not provide a specific market share for its isolators. Competitors include Broadcom, Analog Devices, and Texas Instruments.
Market Dynamics
Industry Overview
The spintronics industry is characterized by innovation in magnetic materials and devices. It addresses the growing demand for high-performance sensors, isolators, and memory solutions across multiple sectors.
Positioning
NVE Corporation occupies a niche position, focusing on high-performance applications where its spintronic solutions offer advantages in speed, sensitivity, and isolation capabilities. This position makes it less susceptible to mass market trends. NVE's competitive advantages are its proprietary technology and specialization.
Total Addressable Market (TAM)
The TAM for spintronics-based sensors and isolators is estimated to be in the billions of dollars. NVE Corporation's TAM is much smaller, focusing on niche applications where their technology offers advantages. They are estimated to address <1% of the TAM.
Upturn SWOT Analysis
Strengths
- Proprietary spintronics technology
- High-performance products
- Strong intellectual property portfolio
- Experienced management team
- Niche market focus
Weaknesses
- Small market capitalization
- Limited product diversification
- Reliance on key customers
- Lower brand awareness
- Limited production scaling
Opportunities
- Expansion into new applications
- Strategic partnerships and acquisitions
- Growth in industrial automation
- Increased adoption of electric vehicles
- Developments in MRAM technology
Threats
- Competition from larger companies
- Technological obsolescence
- Economic downturns
- Supply chain disruptions
- Intellectual property infringement
Competitors and Market Share
Key Competitors
- Allegro MicroSystems (ALGM)
- Texas Instruments (TXN)
- Analog Devices (ADI)
- TDK (TTDKY)
Competitive Landscape
NVE Corporation competes with larger companies in the sensor and isolator markets. Its advantages include specialized technology and niche market focus. Disadvantages include limited scale and brand awareness.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: NVE Corporation's growth has been driven by adoption of its spintronic solutions in niche markets. Growth has been slower than in larger companies due to size of TAM.
Future Projections: Analysts project modest revenue growth for NVE Corporation, driven by new product introductions and expansion into new applications. Projections are stable but growth has limitations based on TAM.
Recent Initiatives: Recent initiatives include developing new TMR sensor products and expanding sales efforts in the electric vehicle market.
Summary
NVE Corporation is a niche player in the spintronics market with strong proprietary technology and healthy cash flow. However, its small size and limited product diversification pose challenges. The company's growth depends on expanding into new applications and markets. Investors need to understand the specific niche and growth limitations.
Similar Companies
ADI
Analog Devices Inc
ADI
Analog Devices Inc
ALGM
Allegro Microsystems Inc
ALGM
Allegro Microsystems Inc
TXN
Texas Instruments Incorporated
TXN
Texas Instruments Incorporated
Sources and Disclaimers
Data Sources:
- Company Filings (SEC)
- Analyst Reports
- Company Website
- Industry Reports
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and due diligence.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About NVE Corporation
Exchange NASDAQ | Headquaters Eden Prairie, MN, United States | ||
IPO Launch date 1996-09-26 | CEO, President & Director Dr. Daniel A. Baker Ph.D. | ||
Sector Technology | Industry Semiconductors | Full time employees 46 | Website https://www.nve.com |
Full time employees 46 | Website https://www.nve.com | ||
NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data. 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 and industrial Internet of Things (IIoT) markets; and DC-to-DC convertors for use in power conversion systems and industrial networks for the IIoT. In addition, it undertakes contracts for research and development, and licensing of 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.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.