NVE

OverviewSuggest Edit

NVE Corporation is a company that develops and sells devices that use spintronics. It manufactures spintronic products including sensors, isolators, couplers, transceivers, and magnetoresistive random-access memory (MRAM) products. The company primarily serves the factory automation market and targets the military, industrial, consumer electronics, automotive, and other markets.
TypePublic
Founded1989
HQEden Prairie, MN, US
Websitenve.com
Employee Ratings3
Overall CultureC

Latest Updates

Employees (est.) (Mar 2021)44(-4%)
Revenue (FY, 2022)$27 M(+27%)
Share Price (Aug 2022)$54.4
Cybersecurity ratingDMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at NVE

Daniel A. Baker

Daniel A. Baker

President and Chief Executive Officer, Director
Joseph R. Schmitz

Joseph R. Schmitz

Chief Financial Officer
Peter G. Eames

Peter G. Eames

Vice President of Advanced Technology
Terrence W. Glarner

Terrence W. Glarner

Director and Chairman of the Board
Patricia M. Hollister

Patricia M. Hollister

Director, Audit Committee Chair
Richard W. Kramp

Richard W. Kramp

Director
Show more

NVE Office Locations

NVE has an office in Eden Prairie
Eden Prairie, MN, US (HQ)
11409 Valley View Rd
Show all (1)

NVE Financials and Metrics

NVE Revenue

Embed Graph
View revenue for all periods
NVE's revenue was reported to be $26.99 m in FY, 2022 which is a 26.3% increase from the previous period.
USD

Revenue (Q1, 2022)

7.3m

Gross profit (Q1, 2022)

5.7m

Gross profit margin (Q1, 2022), %

77.5%

Net income (Q1, 2022)

4.1m

EBIT (Q1, 2022)

4.7m

Market capitalization (1-Aug-2022)

262.8m

Closing stock price (1-Aug-2022)

54.4

Cash (30-Jun-2022)

13.3m

EV

250.1m
NVE's current market capitalization is $262.8 m.
Annual
USDFY, 2020FY, 2021FY, 2022

Revenue

25.4m21.4m27.0m

Revenue growth, %

(4%)(16%)26%

Cost of goods sold

4.9m4.1m6.3m

Gross profit

20.5m17.2m20.7m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022Q1, 2022

Revenue

6.3m6.5m6.5m4.6m4.4m6.5m7.2m6.8m6.3m7.3m

Cost of goods sold

1.1m1.3m1.3m836.4k941.3k1.1m1.8m1.5m1.4m1.7m

Gross profit

5.2m5.2m5.2m3.8m3.4m5.5m5.4m5.3m4.9m5.7m

Gross profit Margin, %

83%79%80%82%79%84%75%77%78%77%
Annual
USDFY, 2020FY, 2021FY, 2022

Cash

8.1m10.4m10.4m

Accounts Receivable

2.7m2.0m4.7m

Prepaid Expenses

655.8k391.3k420.5k

Inventories

3.9m3.9m5.1m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022Q1, 2022

Cash

13.0m14.1m10.2m6.4m3.8m14.0m8.9m11.1m9.0m13.3m

Accounts Receivable

2.7m3.2m2.1m2.3m1.9m3.2m3.3m2.9m3.0m3.5m

Prepaid Expenses

646.9k847.3k845.2k718.1k610.6k570.0k658.2k752.8k921.8k722.0k

Inventories

4.2m4.4m4.2m3.9m3.9m3.8m3.7m4.0m4.4m5.5m
Annual
USDFY, 2020FY, 2021FY, 2022

Net Income

14.5m11.7m14.5m

Depreciation and Amortization

550.0k542.9k425.0k

Inventories

380.4k(16.3k)(1.2m)

Accounts Payable

405.5k106.0k1.3m
Quarterly
USDQ1, 2020

EV/EBIT

83.3 x

EV/CFO

71.5 x

Financial Leverage

1 x

P/E Ratio

94.1
Show all financial metrics

NVE Operating Metrics

FY, 2016

Patents (US)

50

NVE Revenue Breakdown

Embed Graph

NVE revenue breakdown by business segment: 95.9% from Product Sales and 4.1% from Other

NVE Cybersecurity Score

Cybersecurity ratingPremium dataset

D

68/100

SecurityScorecard logo

NVE Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

NVE Online and Social Media Presence

Embed Graph

NVE Company Culture

  • Overall Culture

    C

    72/100

  • CEO Rating

    A+

    85/100

  • Compensation

    A+

    97/100

Learn more on Comparably

NVE News and Updates

NVE Corporation Reports Fourth Quarter and Fiscal Year Results, and Announces Quarterly Dividend

Eden Prairie, Minn., May 04, 2022 (GLOBE NEWSWIRE) -- NVE Corporation (Nasdaq: NVEC) announced today financial results for the quarter and fiscal year ended March 31, 2022. Total revenue for the fourth quarter of fiscal 2022 increased 15% to $6.72 million from $5.86 million for the prior-year …

NVE Schedules Conference Call on Fourth-Quarter and Fiscal Year Results

NVE Corporation (Nasdaq: NVEC) announced that it plans to release its financial results for the quarter and fiscal year ended March 31, 2022 on Wednesday, May 4, 2022 after the close of the Nasdaq Regular Market. The company will hold its quarterly conference call later that day at 4:00 p.m. Central…

Little Lions: America’s Top 100 Small Stocks For 2022

Mega-caps like Tesla and Apple continue to rule the stock market. But over the long term, small-caps offer investors more bang for their buck. Here are the top 100 small stocks for 2022.

NVE Introduces Tunneling Magnetoresistance Gear-Tooth Sensors

NVE introduced the world’s first practical non-inductive gear-tooth sensors 25 years ago and is shaking up the market again with the world’s first tunneling magnetoresistance (TMR) gear-tooth sensors. With two channels to detect direction, the new ABT-Series Gear-Tooth Sensors are versatile analog s…

NVE Corporation Schedules Conference Call on Second-Quarter Results

EDEN PRAIRIE, Minn., Oct. 11, 2021 (GLOBE NEWSWIRE) -- NVE Corporation (Nasdaq: NVEC) announced that it plans to release its financial results for the quarter ended September 30, 2021 on Wednesday, October 20, 2021 after the close of the Nasdaq Regular Market. The company will hold its quarterl…

Introduces IL4822 Isolated RS-485/RS-422 Transceiver With Integrated 3.3-to-5 Volt DC-DC Boost Convertor

EDEN PRAIRIE, Minn.-September 20, 2021-NVE Corporation today introduced the IL4822 isolated RS-485/RS-422 transceiver with an integrated 3.3-to-five volt isolated DC-to-DC boost convertor. It is ideal for interfacing 3.3-volt controllers to ubiquitous five-volt busses. The new part complements the p…
Show more

NVE Frequently Asked Questions

  • When was NVE founded?

    NVE was founded in 1989.

  • Who are NVE key executives?

    NVE's key executives are Daniel A. Baker, Joseph R. Schmitz and Peter G. Eames.

  • How many employees does NVE have?

    NVE has 44 employees.

  • What is NVE revenue?

    Latest NVE annual revenue is $27 m.

  • What is NVE revenue per employee?

    Latest NVE revenue per employee is $613.3 k.

  • Who are NVE competitors?

    Competitors of NVE include LITE-ON, Renesas Electronics and Vishay.

  • Where is NVE headquarters?

    NVE headquarters is located at 11409 Valley View Rd, Eden Prairie.

  • Where are NVE offices?

    NVE has an office in Eden Prairie.

  • How many offices does NVE have?

    NVE has 1 office.