NOVA LTD (NVMI) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:NVMI • IL0010845571

459.95 USD
+33.24 (+7.79%)
At close: Feb 6, 2026
461.92 USD
+1.97 (+0.43%)
After Hours: 2/6/2026, 8:00:01 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

7

NVMI gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 113 industry peers in the Semiconductors & Semiconductor Equipment industry. While NVMI has a great profitability rating, there are some minor concerns on its financial health. NVMI is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make NVMI suitable for growth investing!


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

  • In the past year NVMI was profitable.
  • NVMI had a positive operating cash flow in the past year.
  • In the past 5 years NVMI has always been profitable.
  • NVMI had a positive operating cash flow in each of the past 5 years.
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M 150M 200M

1.2 Ratios

  • The Return On Assets of NVMI (10.62%) is better than 81.42% of its industry peers.
  • NVMI has a Return On Equity of 20.93%. This is amongst the best in the industry. NVMI outperforms 87.61% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 10.78%, NVMI belongs to the top of the industry, outperforming 83.19% of the companies in the same industry.
  • NVMI had an Average Return On Invested Capital over the past 3 years of 15.19%. This is above the industry average of 10.71%.
  • The 3 year average ROIC (15.19%) for NVMI is well above the current ROIC(10.78%). The reason for the recent decline needs to be investigated.
Industry RankSector Rank
ROA 10.62%
ROE 20.93%
ROIC 10.78%
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

  • With an excellent Profit Margin value of 28.73%, NVMI belongs to the best of the industry, outperforming 88.50% of the companies in the same industry.
  • In the last couple of years the Profit Margin of NVMI has grown nicely.
  • NVMI has a better Operating Margin (29.11%) than 88.50% of its industry peers.
  • In the last couple of years the Operating Margin of NVMI has grown nicely.
  • NVMI has a better Gross Margin (57.10%) than 81.42% of its industry peers.
  • NVMI's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 29.11%
PM (TTM) 28.73%
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

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.
  • Compared to 1 year ago, NVMI has more shares outstanding
  • The number of shares outstanding for NVMI has been increased compared to 5 years ago.
  • Compared to 1 year ago, NVMI has an improved debt to assets ratio.
NVMI Yearly Shares OutstandingNVMI Yearly Shares OutstandingYearly Shares Outstanding 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

  • The Debt to FCF ratio of NVMI is 3.57, which is a good value as it means it would take NVMI, 3.57 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 3.57, NVMI is in the better half of the industry, outperforming 61.06% of the companies in the same industry.
  • NVMI has a Debt/Equity ratio of 0.62. This is a neutral value indicating NVMI is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.62, NVMI is not doing good in the industry: 71.68% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.62
Debt/FCF 3.57
Altman-Z N/A
ROIC/WACC0.89
WACC12.07%
NVMI Yearly LT Debt VS Equity VS FCFNVMI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M

2.3 Liquidity

  • A Current Ratio of 4.58 indicates that NVMI has no problem at all paying its short term obligations.
  • Looking at the Current ratio, with a value of 4.58, NVMI is in the better half of the industry, outperforming 69.03% of the companies in the same industry.
  • NVMI has a Quick Ratio of 4.00. This indicates that NVMI is financially healthy and has no problem in meeting its short term obligations.
  • NVMI's Quick ratio of 4.00 is fine compared to the rest of the industry. NVMI outperforms 73.45% of its industry peers.
Industry RankSector Rank
Current Ratio 4.58
Quick Ratio 4
NVMI Yearly Current Assets VS Current LiabilitesNVMI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

9

3. Growth

3.1 Past

  • NVMI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 39.02%, 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.
  • NVMI shows a strong growth in Revenue. In the last year, the Revenue has grown by 39.37%.
  • Measured over the past years, NVMI shows a very strong growth in Revenue. The Revenue has been growing by 24.49% on average per year.
EPS 1Y (TTM)39.02%
EPS 3Y20.27%
EPS 5Y33.09%
EPS Q2Q%24.14%
Revenue 1Y (TTM)39.37%
Revenue growth 3Y17.35%
Revenue growth 5Y24.49%
Sales Q2Q%25.5%

3.2 Future

  • NVMI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.41% yearly.
  • NVMI is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 20.65% yearly.
EPS Next Y32.47%
EPS Next 2Y21.2%
EPS Next 3Y19.3%
EPS Next 5Y16.41%
Revenue Next Year32.3%
Revenue Next 2Y20.76%
Revenue Next 3Y19.32%
Revenue Next 5Y20.65%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
NVMI Yearly Revenue VS EstimatesNVMI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B
NVMI Yearly EPS VS EstimatesNVMI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2029 5 10

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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 54.24, NVMI can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Earnings ratio of NVMI indicates a somewhat cheap valuation: NVMI is cheaper than 61.06% of the companies listed in the same industry.
  • NVMI's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.93.
  • The Price/Forward Earnings ratio is 46.88, which means the current valuation is very expensive for NVMI.
  • The rest of the industry has a similar Price/Forward Earnings ratio as NVMI.
  • The average S&P500 Price/Forward Earnings ratio is at 27.77. NVMI is valued rather expensively when compared to this.
Industry RankSector Rank
PE 54.24
Fwd PE 46.88
NVMI Price Earnings VS Forward Price EarningsNVMI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • NVMI's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Based on the Price/Free Cash Flow ratio, NVMI is valued a bit cheaper than 63.72% of the companies in the same industry.
Industry RankSector Rank
P/FCF 59.3
EV/EBITDA 47.68
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.
  • NVMI has an outstanding profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as NVMI's earnings are expected to grow with 19.30% in the coming years.
PEG (NY)1.67
PEG (5Y)1.64
EPS Next 2Y21.2%
EPS Next 3Y19.3%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • NVMI does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

NOVA LTD

NASDAQ:NVMI (2/6/2026, 8:00:01 PM)

After market: 461.92 +1.97 (+0.43%)

459.95

+33.24 (+7.79%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)11-06
Earnings (Next)02-12
Inst Owners77.79%
Inst Owner Change1.76%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap13.64B
Revenue(TTM)852.72M
Net Income(TTM)245.02M
Analysts82.67
Price Target388.67 (-15.5%)
Short Float %4.72%
Short Ratio4.02
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)1
Avg EPS beat(2)1.56%
Min EPS beat(2)-1.51%
Max EPS beat(2)4.63%
EPS beat(4)3
Avg EPS beat(4)2.71%
Min EPS beat(4)-1.51%
Max EPS beat(4)4.63%
EPS beat(8)7
Avg EPS beat(8)5.48%
EPS beat(12)11
Avg EPS beat(12)6.12%
EPS beat(16)15
Avg EPS beat(16)6.42%
Revenue beat(2)1
Avg Revenue beat(2)-0.28%
Min Revenue beat(2)-0.89%
Max Revenue beat(2)0.34%
Revenue beat(4)2
Avg Revenue beat(4)0.35%
Min Revenue beat(4)-0.89%
Max Revenue beat(4)2.39%
Revenue beat(8)6
Avg Revenue beat(8)1.47%
Revenue beat(12)8
Avg Revenue beat(12)1.09%
Revenue beat(16)11
Avg Revenue beat(16)1.16%
PT rev (1m)6.61%
PT rev (3m)22.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.18%
EPS NY rev (1m)0%
EPS NY rev (3m)0.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.23%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)0.72%
Valuation
Industry RankSector Rank
PE 54.24
Fwd PE 46.88
P/S 15.99
P/FCF 59.3
P/OCF 53.69
P/B 11.65
P/tB 13.22
EV/EBITDA 47.68
EPS(TTM)8.48
EY1.84%
EPS(NY)9.81
Fwd EY2.13%
FCF(TTM)7.76
FCFY1.69%
OCF(TTM)8.57
OCFY1.86%
SpS28.76
BVpS39.49
TBVpS34.8
PEG (NY)1.67
PEG (5Y)1.64
Graham Number86.8
Profitability
Industry RankSector Rank
ROA 10.62%
ROE 20.93%
ROCE 12.46%
ROIC 10.78%
ROICexc 23.76%
ROICexgc 28.08%
OM 29.11%
PM (TTM) 28.73%
GM 57.1%
FCFM 26.97%
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%
ROICexgc growth 3Y-25.15%
ROICexgc 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-Score5
Asset Turnover0.37
Health
Industry RankSector Rank
Debt/Equity 0.62
Debt/FCF 3.57
Debt/EBITDA 2.72
Cap/Depr 118.17%
Cap/Sales 2.82%
Interest Coverage 250
Cash Conversion 94.58%
Profit Quality 93.85%
Current Ratio 4.58
Quick Ratio 4
Altman-Z N/A
F-Score5
WACC12.07%
ROIC/WACC0.89
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)39.02%
EPS 3Y20.27%
EPS 5Y33.09%
EPS Q2Q%24.14%
EPS Next Y32.47%
EPS Next 2Y21.2%
EPS Next 3Y19.3%
EPS Next 5Y16.41%
Revenue 1Y (TTM)39.37%
Revenue growth 3Y17.35%
Revenue growth 5Y24.49%
Sales Q2Q%25.5%
Revenue Next Year32.3%
Revenue Next 2Y20.76%
Revenue Next 3Y19.32%
Revenue Next 5Y20.65%
EBIT growth 1Y49.76%
EBIT growth 3Y18.61%
EBIT growth 5Y38.8%
EBIT Next Year45.44%
EBIT Next 3Y23.85%
EBIT Next 5YN/A
FCF growth 1Y83.23%
FCF growth 3Y19.59%
FCF growth 5Y62.24%
OCF growth 1Y77.01%
OCF growth 3Y21.15%
OCF growth 5Y42.03%

NOVA LTD / NVMI FAQ

What is the ChartMill fundamental rating of NOVA LTD (NVMI) stock?

ChartMill assigns a fundamental rating of 7 / 10 to NVMI.


What is the valuation status for NVMI stock?

ChartMill assigns a valuation rating of 4 / 10 to NOVA LTD (NVMI). This can be considered as Fairly Valued.


What is the profitability of NVMI stock?

NOVA LTD (NVMI) has a profitability rating of 9 / 10.


What are the PE and PB ratios of NOVA LTD (NVMI) stock?

The Price/Earnings (PE) ratio for NOVA LTD (NVMI) is 54.24 and the Price/Book (PB) ratio is 11.65.


Can you provide the expected EPS growth for NVMI stock?

The Earnings per Share (EPS) of NOVA LTD (NVMI) is expected to grow by 32.47% in the next year.