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NOVA LTD (NVMI) Stock Fundamental Analysis

NASDAQ:NVMI - IL0010845571 - Common Stock

263.34 USD
-12.89 (-4.67%)
Last: 8/29/2025, 8:00:02 PM
263.34 USD
0 (0%)
After Hours: 8/29/2025, 8:00:02 PM
Fundamental Rating

7

Taking everything into account, NVMI scores 7 out of 10 in our fundamental rating. NVMI was compared to 112 industry peers in the Semiconductors & Semiconductor Equipment industry. NVMI scores excellent on profitability, but there are some minor concerns on its financial health. NVMI is growing strongly while it is still valued neutral. This is a good combination! This makes NVMI very considerable for growth investing!


Dividend Valuation Growth Profitability Health

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9

1. Profitability

1.1 Basic Checks

In the past year NVMI was profitable.
In the past year NVMI had a positive cash flow from operations.
In the past 5 years NVMI has always been profitable.
In the past 5 years NVMI always reported a positive cash flow from operatings.
NVMI Yearly Net Income VS EBIT VS OCF VS FCFNVMI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M

1.2 Ratios

Looking at the Return On Assets, with a value of 15.31%, NVMI belongs to the top of the industry, outperforming 89.29% of the companies in the same industry.
The Return On Equity of NVMI (21.42%) is better than 88.39% of its industry peers.
With an excellent Return On Invested Capital value of 17.09%, NVMI belongs to the best of the industry, outperforming 91.96% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for NVMI is above the industry average of 10.74%.
The 3 year average ROIC (15.19%) for NVMI is below the current ROIC(17.09%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 15.31%
ROE 21.42%
ROIC 17.09%
ROA(3y)13.16%
ROA(5y)11.67%
ROE(3y)20.62%
ROE(5y)18.88%
ROIC(3y)15.19%
ROIC(5y)14.49%
NVMI Yearly ROA, ROE, ROICNVMI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

Looking at the Profit Margin, with a value of 29.10%, NVMI belongs to the top of the industry, outperforming 91.07% of the companies in the same industry.
NVMI's Profit Margin has improved in the last couple of years.
NVMI's Operating Margin of 28.94% is amongst the best of the industry. NVMI outperforms 89.29% of its industry peers.
NVMI's Operating Margin has improved in the last couple of years.
NVMI's Gross Margin of 57.10% is amongst the best of the industry. NVMI outperforms 81.25% of its industry peers.
NVMI's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 28.94%
PM (TTM) 29.1%
GM 57.1%
OM growth 3Y1.07%
OM growth 5Y11.5%
PM growth 3Y6.9%
PM growth 5Y11.79%
GM growth 3Y0.58%
GM growth 5Y1.23%
NVMI Yearly Profit, Operating, Gross MarginsNVMI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

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6

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NVMI is still creating some value.
The number of shares outstanding for NVMI has been increased compared to 1 year ago.
The number of shares outstanding for NVMI has been increased compared to 5 years ago.
NVMI has a better debt/assets ratio than last year.
NVMI Yearly Shares OutstandingNVMI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M
NVMI Yearly Total Debt VS Total AssetsNVMI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

NVMI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.73
Altman-Z N/A
ROIC/WACC1.48
WACC11.57%
NVMI Yearly LT Debt VS Equity VS FCFNVMI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

2.3 Liquidity

A Current Ratio of 2.57 indicates that NVMI has no problem at all paying its short term obligations.
With a Current ratio value of 2.57, NVMI perfoms like the industry average, outperforming 43.75% of the companies in the same industry.
A Quick Ratio of 2.05 indicates that NVMI has no problem at all paying its short term obligations.
NVMI has a Quick ratio (2.05) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 2.57
Quick Ratio 2.05
NVMI Yearly Current Assets VS Current LiabilitesNVMI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

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8

3. Growth

3.1 Past

NVMI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 44.19%, which is quite impressive.
Measured over the past years, NVMI shows a very strong growth in Earnings Per Share. The EPS has been growing by 33.09% on average per year.
Looking at the last year, NVMI shows a very strong growth in Revenue. The Revenue has grown by 43.69%.
The Revenue has been growing by 24.49% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)44.19%
EPS 3Y20.27%
EPS 5Y33.09%
EPS Q2Q%36.65%
Revenue 1Y (TTM)43.69%
Revenue growth 3Y17.35%
Revenue growth 5Y24.49%
Sales Q2Q%40.25%

3.2 Future

The Earnings Per Share is expected to grow by 16.41% on average over the next years. This is quite good.
NVMI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 16.26% yearly.
EPS Next Y30.71%
EPS Next 2Y18.6%
EPS Next 3Y14.71%
EPS Next 5Y16.41%
Revenue Next Year31.26%
Revenue Next 2Y18.27%
Revenue Next 3Y17.07%
Revenue Next 5Y16.26%

3.3 Evolution

Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
NVMI Yearly Revenue VS EstimatesNVMI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2029 500M 1B
NVMI Yearly EPS VS EstimatesNVMI Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2029 5 10

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4

4. Valuation

4.1 Price/Earnings Ratio

NVMI is valuated quite expensively with a Price/Earnings ratio of 32.67.
NVMI's Price/Earnings ratio is a bit cheaper when compared to the industry. NVMI is cheaper than 63.39% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.13. NVMI is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 28.03, which means the current valuation is very expensive for NVMI.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NVMI is on the same level as its industry peers.
NVMI's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.76.
Industry RankSector Rank
PE 32.67
Fwd PE 28.03
NVMI Price Earnings VS Forward Price EarningsNVMI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, NVMI is valued a bit cheaper than the industry average as 61.61% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NVMI indicates a somewhat cheap valuation: NVMI is cheaper than 69.64% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 37.57
EV/EBITDA 27.47
NVMI Per share dataNVMI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

NVMI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of NVMI may justify a higher PE ratio.
A more expensive valuation may be justified as NVMI's earnings are expected to grow with 14.71% in the coming years.
PEG (NY)1.06
PEG (5Y)0.99
EPS Next 2Y18.6%
EPS Next 3Y14.71%

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0

5. Dividend

5.1 Amount

No dividends for NVMI!.
Industry RankSector Rank
Dividend Yield N/A

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NOVA LTD

NASDAQ:NVMI (8/29/2025, 8:00:02 PM)

After market: 263.34 0 (0%)

263.34

-12.89 (-4.67%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)08-07 2025-08-07/bmo
Earnings (Next)11-05 2025-11-05/bmo
Inst Owners76.71%
Inst Owner Change1.47%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap7.74B
Analysts84.29
Price Target293.55 (11.47%)
Short Float %5.04%
Short Ratio5.62
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.94%
Min EPS beat(2)3.26%
Max EPS beat(2)4.63%
EPS beat(4)4
Avg EPS beat(4)3.51%
Min EPS beat(4)1.68%
Max EPS beat(4)4.63%
EPS beat(8)8
Avg EPS beat(8)7.01%
EPS beat(12)12
Avg EPS beat(12)6.54%
EPS beat(16)16
Avg EPS beat(16)8.01%
Revenue beat(2)1
Avg Revenue beat(2)-0.05%
Min Revenue beat(2)-0.44%
Max Revenue beat(2)0.34%
Revenue beat(4)3
Avg Revenue beat(4)1.1%
Min Revenue beat(4)-0.44%
Max Revenue beat(4)2.39%
Revenue beat(8)7
Avg Revenue beat(8)1.91%
Revenue beat(12)8
Avg Revenue beat(12)1.14%
Revenue beat(16)12
Avg Revenue beat(16)1.68%
PT rev (1m)9.22%
PT rev (3m)2.93%
EPS NQ rev (1m)2.38%
EPS NQ rev (3m)4.88%
EPS NY rev (1m)1.25%
EPS NY rev (3m)1.93%
Revenue NQ rev (1m)2.3%
Revenue NQ rev (3m)4.24%
Revenue NY rev (1m)1.01%
Revenue NY rev (3m)1.66%
Valuation
Industry RankSector Rank
PE 32.67
Fwd PE 28.03
P/S 9.59
P/FCF 37.57
P/OCF 33.7
P/B 7.06
P/tB 8.1
EV/EBITDA 27.47
EPS(TTM)8.06
EY3.06%
EPS(NY)9.4
Fwd EY3.57%
FCF(TTM)7.01
FCFY2.66%
OCF(TTM)7.81
OCFY2.97%
SpS27.45
BVpS37.29
TBVpS32.49
PEG (NY)1.06
PEG (5Y)0.99
Profitability
Industry RankSector Rank
ROA 15.31%
ROE 21.42%
ROCE 19.75%
ROIC 17.09%
ROICexc 32.3%
ROICexgc 41.7%
OM 28.94%
PM (TTM) 29.1%
GM 57.1%
FCFM 25.53%
ROA(3y)13.16%
ROA(5y)11.67%
ROE(3y)20.62%
ROE(5y)18.88%
ROIC(3y)15.19%
ROIC(5y)14.49%
ROICexc(3y)32.48%
ROICexc(5y)43.28%
ROICexgc(3y)41.09%
ROICexgc(5y)54.3%
ROCE(3y)17.55%
ROCE(5y)16.75%
ROICexcg growth 3Y-25.15%
ROICexcg growth 5Y16.57%
ROICexc growth 3Y-24.52%
ROICexc growth 5Y15.8%
OM growth 3Y1.07%
OM growth 5Y11.5%
PM growth 3Y6.9%
PM growth 5Y11.79%
GM growth 3Y0.58%
GM growth 5Y1.23%
F-Score7
Asset Turnover0.53
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.73
Debt/EBITDA 0
Cap/Depr 124.23%
Cap/Sales 2.93%
Interest Coverage 250
Cash Conversion 90.94%
Profit Quality 87.74%
Current Ratio 2.57
Quick Ratio 2.05
Altman-Z N/A
F-Score7
WACC11.57%
ROIC/WACC1.48
Cap/Depr(3y)117.01%
Cap/Depr(5y)96.11%
Cap/Sales(3y)3.2%
Cap/Sales(5y)2.63%
Profit Quality(3y)88.91%
Profit Quality(5y)103.24%
High Growth Momentum
Growth
EPS 1Y (TTM)44.19%
EPS 3Y20.27%
EPS 5Y33.09%
EPS Q2Q%36.65%
EPS Next Y30.71%
EPS Next 2Y18.6%
EPS Next 3Y14.71%
EPS Next 5Y16.41%
Revenue 1Y (TTM)43.69%
Revenue growth 3Y17.35%
Revenue growth 5Y24.49%
Sales Q2Q%40.25%
Revenue Next Year31.26%
Revenue Next 2Y18.27%
Revenue Next 3Y17.07%
Revenue Next 5Y16.26%
EBIT growth 1Y55.1%
EBIT growth 3Y18.61%
EBIT growth 5Y38.8%
EBIT Next Year37.25%
EBIT Next 3Y16.09%
EBIT Next 5YN/A
FCF growth 1Y88.37%
FCF growth 3Y19.59%
FCF growth 5Y62.24%
OCF growth 1Y78.48%
OCF growth 3Y21.15%
OCF growth 5Y42.03%