Nova Financial Statements From 2010 to 2024
| NVMI Stock | ILA 68,160 3,010 4.62% |
Check Nova financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nova financial statements analysis is a perfect complement when working with Nova Valuation or Volatility modules.
Nova |
Nova Company Return On Equity Analysis
Nova's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Nova Return On Equity | 0.25 |
Most of Nova's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nova is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Nova has a Return On Equity of 0.2523. This is 102.1% lower than that of the Technology sector and 103.97% lower than that of the Semiconductor Equipment & Materials industry. The return on equity for all Israel stocks is 181.39% lower than that of the firm.
Nova Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nova's current stock value. Our valuation model uses many indicators to compare Nova value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nova competition to find correlations between indicators driving Nova's intrinsic value. More Info.Nova is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.42 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nova is roughly 2.39 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nova by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nova's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Nova Financial Statements
Nova stakeholders use historical fundamental indicators, such as Nova's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nova investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nova's assets and liabilities are reflected in the revenues and expenses on Nova's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nova. Please read more on our technical analysis and fundamental analysis pages.
Nova Measuring Instruments Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Nova Measuring Instruments Ltd. was founded in 1993 and is headquartered in Rehovot, Israel. NOVA MEASURING operates under Semiconductor Equipment Materials classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 713 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Nova Stock
When determining whether Nova offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nova's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nova Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nova Stock:Check out the analysis of Nova Correlation against competitors. For information on how to trade Nova Stock refer to our How to Trade Nova Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.