Latest news with #NVEC
Yahoo
2 days ago
- Business
- Yahoo
NVE (NASDAQ:NVEC) Has Affirmed Its Dividend Of $1.00
The board of NVE Corporation (NASDAQ:NVEC) has announced that it will pay a dividend on the 29th of August, with investors receiving $1.00 per share. This means the annual payment is 6.3% of the current stock price, which is above the average for the industry. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Estimates Indicate NVE's Could Struggle to Maintain Dividend Payments In The Future If the payments aren't sustainable, a high yield for a few years won't matter that much. Prior to this announcement, the company was paying out 133% of what it was earning. It will be difficult to sustain this level of payout so we wouldn't be confident about this continuing. Over the next year, EPS could expand by 1.8% if the company continues along the path it has been on recently. Assuming the dividend continues along recent trends, we think the payout ratio could reach 132%, which probably can't continue without starting to put some pressure on the balance sheet. View our latest analysis for NVE NVE Has A Solid Track Record The company has an extended history of paying stable dividends. The payments haven't really changed that much since 10 years ago. Although we can't deny that the dividend has been remarkably stable in the past, the growth has been pretty muted. NVE May Find It Hard To Grow The Dividend Investors who have held shares in the company for the past few years will be happy with the dividend income they have received. However, NVE's EPS was effectively flat over the past five years, which could stop the company from paying more every year. The earnings growth is anaemic, and the company is paying out 133% of its profit. As they say in finance, 'past performance is not indicative of future performance', but we are not confident a company with limited earnings growth and a high payout ratio will be a star dividend-payer over the next decade. The Dividend Could Prove To Be Unreliable In summary, while it's good to see that the dividend hasn't been cut, we are a bit cautious about NVE's payments, as there could be some issues with sustaining them into the future. In the past the payments have been stable, but we think the company is paying out too much for this to continue for the long term. We would be a touch cautious of relying on this stock primarily for the dividend income. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. For instance, we've picked out 1 warning sign for NVE that investors should take into consideration. Is NVE not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
San Francisco Chronicle
6 days ago
- Business
- San Francisco Chronicle
NVE: Fiscal Q1 Earnings Snapshot
EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — NVE Corp. (NVEC) on Wednesday reported profit of $3.6 million in its fiscal first quarter. On a per-share basis, the Eden Prairie, Minnesota-based company said it had profit of 74 cents. The nanotechnology company posted revenue of $6.1 million in the period.
Business Wire
16-07-2025
- Business
- Business Wire
NVE Schedules Conference Call on First Quarter Results
EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--NVE Corporation (Nasdaq: NVEC) announced that it plans to release its financial results for the quarter ended June 30, 2025 on Wednesday, July 23, 2025 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 Time. The quarterly call will be webcast live in a listen-only mode through the Investor Events page of NVE's Website ( An archive of the call will also be available on NVE's Website. To dial into the conference call, parties should call 855-552-4463 inside the United States, or 312-479-9427 and enter Meeting ID 7749 14 3539. Parties may request to ask questions on the call by dialing in or logging into NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store, and transmit information. The company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. Statements we use that relate to future plans, events, financial results or performance are forward-looking statements that are subject to certain risks and uncertainties including, among others, the risk factors listed from time to time in our filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2025.
Yahoo
01-06-2025
- Business
- Yahoo
Returns On Capital Are A Standout For NVE (NASDAQ:NVEC)
There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. With that in mind, the ROCE of NVE (NASDAQ:NVEC) looks great, so lets see what the trend can tell us. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for NVE, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.25 = US$16m ÷ (US$64m - US$1.2m) (Based on the trailing twelve months to March 2025). Thus, NVE has an ROCE of 25%. That's a fantastic return and not only that, it outpaces the average of 8.9% earned by companies in a similar industry. View our latest analysis for NVE While the past is not representative of the future, it can be helpful to know how a company has performed historically, which is why we have this chart above. If you're interested in investigating NVE's past further, check out this free graph covering NVE's past earnings, revenue and cash flow. NVE is showing promise given that its ROCE is trending up and to the right. More specifically, while the company has kept capital employed relatively flat over the last five years, the ROCE has climbed 29% in that same time. So our take on this is that the business has increased efficiencies to generate these higher returns, all the while not needing to make any additional investments. On that front, things are looking good so it's worth exploring what management has said about growth plans going forward. As discussed above, NVE appears to be getting more proficient at generating returns since capital employed has remained flat but earnings (before interest and tax) are up. And with a respectable 44% awarded to those who held the stock over the last five years, you could argue that these developments are starting to get the attention they deserve. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence. On a final note, we've found 1 warning sign for NVE that we think you should be aware of. If you want to search for more stocks that have been earning high returns, check out this free list of stocks with solid balance sheets that are also earning high returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
San Francisco Chronicle
07-05-2025
- Business
- San Francisco Chronicle
NVE: Fiscal Q4 Earnings Snapshot
EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — NVE Corp. (NVEC) on Wednesday reported net income of $3.9 million in its fiscal fourth quarter. The Eden Prairie, Minnesota-based company said it had net income of 80 cents per share. The nanotechnology company posted revenue of $7 million in the period. For the year, the company reported profit of $15.1 million, or $3.11 per share. Revenue was reported as $25.9 million. _____
