Nova Stock Net Income
| NVMI Stock | USD 195.47 2.78 1.40% |
Nova fundamentals help investors to digest information that contributes to Nova's financial success or failures. It also enables traders to predict the movement of Nova Stock. The fundamental analysis module provides a way to measure Nova's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nova stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 183.8 M | 193 M | |
| Net Income Applicable To Common Shares | 161.2 M | 169.3 M | |
| Net Income From Continuing Ops | 183.8 M | 193 M | |
| Net Income Per Share | 6.31 | 6.63 | |
| Net Income Per E B T | 0.85 | 0.89 |
Nova | Net Income |
Nova Company Net Income Analysis
Nova's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Nova Net Income | 183.76 M |
Most of Nova's fundamental indicators, such as Net Income, 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.
Nova Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Nova is extremely important. It helps to project a fair market value of Nova Stock properly, considering its historical fundamentals such as Net Income. Since Nova's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nova's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nova's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Nova Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Nova reported net income of 183.76 M. This is 65.91% lower than that of the Semiconductors & Semiconductor Equipment sector and 63.99% lower than that of the Information Technology industry. The net income for all United States stocks is 67.82% higher than that of the company.
Nova Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nova's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nova could also be used in its relative valuation, which is a method of valuing Nova by comparing valuation metrics of similar companies.Nova is currently under evaluation in net income category among its peers.
Nova Current Valuation Drivers
We derive many important indicators used in calculating different scores of Nova from analyzing Nova's financial statements. These drivers represent accounts that assess Nova's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nova's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 1.1B | 2.0B | 2.3B | 4.0B | 3.6B | 3.7B | |
| Enterprise Value | 1.1B | 2.0B | 2.5B | 4.1B | 3.7B | 3.9B |
Nova ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Nova's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nova's managers, analysts, and investors.Environmental | Governance | Social |
Nova Institutional Holders
Institutional Holdings refers to the ownership stake in Nova that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nova's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nova's value.| Shares | Polar Capital Holdings Plc | 2024-12-31 | 354.3 K | Millennium Management Llc | 2024-12-31 | 326.1 K | Y.d. More Investments Ltd | 2024-12-31 | 296.3 K | Phoenix Financial Ltd | 2024-12-31 | 262.5 K | Congress Asset Management Company, Llp | 2024-12-31 | 251.9 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 205.7 K | Goldman Sachs Group Inc | 2024-12-31 | 199.7 K | Two Sigma Advisers, Llc | 2024-12-31 | 182.4 K | Arrowstreet Capital Limited Partnership | 2024-12-31 | 174.7 K | Fmr Inc | 2024-12-31 | 2.7 M | Wasatch Advisors Lp | 2024-12-31 | 2.4 M |
Nova Fundamentals
| Return On Equity | 0.22 | ||||
| Return On Asset | 0.0929 | ||||
| Profit Margin | 0.27 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 5.45 B | ||||
| Shares Outstanding | 29.28 M | ||||
| Shares Owned By Institutions | 77.92 % | ||||
| Number Of Shares Shorted | 1.05 M | ||||
| Price To Earning | 51.86 X | ||||
| Price To Book | 6.26 X | ||||
| Price To Sales | 8.63 X | ||||
| Revenue | 672.4 M | ||||
| Gross Profit | 387.09 M | ||||
| EBITDA | 233.67 M | ||||
| Net Income | 183.76 M | ||||
| Cash And Equivalents | 364.31 M | ||||
| Cash Per Share | 12.70 X | ||||
| Total Debt | 236.1 M | ||||
| Debt To Equity | 0.47 % | ||||
| Current Ratio | 4.98 X | ||||
| Book Value Per Share | 31.69 X | ||||
| Cash Flow From Operations | 235.27 M | ||||
| Short Ratio | 4.40 X | ||||
| Earnings Per Share | 5.75 X | ||||
| Target Price | 283.02 | ||||
| Number Of Employees | 1.18 K | ||||
| Beta | 1.46 | ||||
| Market Capitalization | 5.8 B | ||||
| Total Asset | 1.39 B | ||||
| Retained Earnings | 798.14 M | ||||
| Working Capital | 513.72 M | ||||
| Current Asset | 149.98 M | ||||
| Current Liabilities | 37.16 M | ||||
| Net Asset | 1.39 B |
About Nova Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nova's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nova using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nova based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Nova Piotroski F Score and Nova Altman Z Score analysis. For more detail on how to invest in Nova Stock please use our How to Invest in Nova guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nova. If investors know Nova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nova listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.298 | Earnings Share 5.75 | Revenue Per Share | Quarterly Revenue Growth 0.451 | Return On Assets |
The market value of Nova is measured differently than its book value, which is the value of Nova that is recorded on the company's balance sheet. Investors also form their own opinion of Nova's value that differs from its market value or its book value, called intrinsic value, which is Nova's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nova's market value can be influenced by many factors that don't directly affect Nova's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nova's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.