Valuation, from the filing
| Public float | $217.00M | Market value of stock held by non-affiliates, as stated on the cover page for 2025-09-30 |
|---|---|---|
| Float per share | $44.86 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 14.3× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 8.2× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 3.7× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-09-30, not today, and each multiple below it uses the figures for the fiscal year ending 2026-03-31 — the year that filing covered.
Valuation over time
14.3× earnings today, against a median of 14.3× across 10 years on record. In line with its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-09-30 | $217.00M | 14.3× | |
| 2024-09-30 | $265.00M | 17.6× | |
| 2024-03-31 | $268.00M | 15.6× | |
| 2023-03-31 | $169.00M | 7.4× | |
| 2021-09-30 | $200.00M | 13.8× | |
| 2020-09-30 | $147.00M | 12.6× | |
| 2019-09-30 | $208.00M | 14.3× | |
| 2018-09-28 | $294.00M | 81.5× | |
| 2017-09-29 | $214.00M | 15.4× | |
| 2016-09-30 | $144.00M | 11.1× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Semiconductors & Related Devices filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| FCF margin | 54.9% | 100th | |
| Operating margin | 60.5% | 100th | |
| Current ratio | 28.21x | 99th | |
| Net margin | 57.7% | 99th | |
| Gross margin | 78.7% | 97th | |
| Revenue YoY growth | 1.8% | 27th | |
| R&D / revenue | 12.0% | 29th | |
| CapEx / revenue | 8.3% | 70th | |
| Effective tax rate | 14.7% | 35th |
NVE CORP /NEW/ (NVEC) reported revenue of $30.75M and net income of $17.88M for the fiscal year ended 2026-09-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from NVE CORP /NEW/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Semiconductors & Related Devices.
Income
| Metric | 2026-09-30 |
|---|---|
| Revenue | $30.75M |
| Cost of revenue | $6.38M |
| Gross profit | $24.37M |
| Operating income | $18.95M |
| Net income | $17.88M |
| Research & development | $3.24M |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $20.79M |
| Income tax expense | $2.91M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | Unavailable |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-09-30 |
|---|---|
| Cash & equivalents | $3.97M |
| Total assets | $59.86M |
| Current assets | $35.06M |
| Total liabilities | $1.89M |
| Current liabilities | $1.21M |
| Total equity incl. NCI | $57.98M |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | $6.86M |
| Accounts receivable | $3.01M |
| Goodwill | Unavailable |
| Long-term debt | Unavailable |
| Accounts payable | $252.40K |
Cash flow
| Metric | 2026-09-30 |
|---|---|
| Operating cash flow | $19.80M |
| Capital expenditures | $1.14M |
| Investing cash flow | -$1.58M |
| Financing cash flow | -$19.36M |
| Net change in cash | Unavailable |
| Stock-based compensation | Unavailable |
| Common dividends paid | Unavailable |
| Common share repurchases | Unavailable |
| Depreciation & amortization | Unavailable |
Derived
| Metric | 2026-09-30 |
|---|---|
| Free cash flow | $18.66M |
| Gross margin | 79.3% |
| Operating margin | 61.6% |
| FCF margin | 60.7% |
| SBC / revenue | Unavailable |
| Current ratio | 29.05x |
| Revenue YoY growth | 72.4% |
| Net margin | 58.1% |
| R&D / revenue | 10.5% |
| CapEx / revenue | 3.7% |
| Long-term debt / equity | Unavailable |
| Effective tax rate | 14.0% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open NVEC in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.