NVMI
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 31.21 | 29.05 | 16.70 | 44.66 |
| Price to Sales | 8.53 | 7.65 | 4.11 | 9.99 |
| Book Value Per Common Share | 31.69 | 25.88 | 20.47 | 16.58 |
| Price to Book | 6.22 | 5.31 | 3.99 | 8.84 |
| Price to Operating Cash Flow | 24.37 | 32.06 | 19.61 | 31.43 |
| Price to Free Cash Flow | 26.30 | 37.24 | 23.86 | 32.61 |
| Enterprise Value to EBITDA | 281396.36 | 268495.47 | 142324.34 | 342017.81 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 155.93 | 118.62 | 83.03 | 114.51 | 118.38 |
| Price to Sales | 42.60 | 36.81 | 25.28 | 29.63 | 33.87 |
| Book Value Per Common Share | 39.48 | 36.98 | 33.41 | 31.69 | 30.99 |
| Price to Book | 8.10 | 7.44 | 5.52 | 6.22 | 6.72 |
| Price to Operating Cash Flow | 134.26 | 177.33 | 78.69 | 84.23 | 129.05 |
| Price to Free Cash Flow | 142.95 | 188.64 | 90.36 | 95.55 | 140.78 |
| Enterprise Value to EBITDA | 1362996.45 | 1147514.99 | 795386.79 | 964804.33 | 1138367.07 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | 33.40 | -3.27 | 49.09 | |
| Revenue YoY | 29.83 | -9.25 | 37.16 | |
| EBITDA YoY | 38.03 | -9.79 | 34.45 | |
| Net Profit YoY | 34.81 | -2.78 | 50.60 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | -11.64 | 4.50 | 29.07 | -2.27 | |
| Revenue YoY | 2.10 | 3.11 | 9.54 | 8.82 | |
| EBITDA YoY | -2.21 | 4.37 | 14.00 | 11.54 | |
| Net Profit YoY | -10.06 | 5.35 | 28.41 | -1.56 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 20.15 | 15.39 | 13.02 | 14.46 |
| Quick Ratio | 1.87 | 1.72 | 3.61 | 1.67 |
| Current Ratio | 2.32 | 2.20 | 4.57 | 1.97 |
| Debt to Equity | 0.50 | 0.51 | 0.68 | 0.70 |
| Long-Term Debt to Equity | 0.08 | 0.08 | 0.45 | 0.09 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 36.35 | 18.92 | 18.52 | 20.02 | 20.66 |
| Quick Ratio | 3.91 | 1.98 | 1.66 | 1.87 | 1.95 |
| Current Ratio | 4.58 | 2.57 | 2.18 | 2.32 | 2.44 |
| Debt to Equity | 0.97 | 0.40 | 0.49 | 0.50 | 0.47 |
| Long-Term Debt to Equity | 0.70 | 0.08 | 0.08 | 0.08 | 0.06 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 13.22 | 12.02 | 14.25 | 11.56 |
| ROE | 19.81 | 18.16 | 23.89 | 19.65 |
| Gross Margin | 57.57 | 56.61 | 55.54 | 56.58 |
| Operating Margin | 27.89 | 25.54 | 26.27 | 27.27 |
| EBITDA Margin | 30.48 | 28.67 | 28.84 | 29.42 |
| Net Profit Margin | 27.33 | 26.32 | 24.57 | 22.37 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 2.66 | 4.45 | 4.43 | 3.63 | 3.85 |
| ROE | 5.25 | 6.23 | 6.60 | 5.44 | 5.65 |
| Gross Margin | 56.73 | 57.84 | 57.32 | 56.44 | 56.62 |
| Operating Margin | 28.43 | 29.84 | 29.64 | 28.48 | 27.51 |
| EBITDA Margin | 30.96 | 32.33 | 31.93 | 30.69 | 29.94 |
| Net Profit Margin | 27.35 | 31.04 | 30.38 | 25.92 | 28.65 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 1,390,422.00 | 1,133,807.00 | 984,105.00 | 805,154.00 |
| Current Assets | 901,949.00 | 710,220.00 | 612,946.00 | 566,516.00 |
| Cash and Short-Term Investments | 586,566.00 | 443,682.00 | 373,499.00 | 410,163.00 |
| Cash and Cash Equivalents | 157,779.00 | 107,574.00 | 111,121.00 | 126,698.00 |
| Short-Term Investments | 428,787.00 | 336,108.00 | 262,378.00 | 283,465.00 |
| Net Receivables | 140,100.00 | 111,918.00 | 110,736.00 | 69,452.00 |
| Inventory | 156,599.00 | 138,198.00 | 116,600.00 | 78,665.00 |
| Other Current Assets | 18,684.00 | 16,422.00 | 12,111.00 | 8,236.00 |
| Non-Current Assets | 488,473.00 | 423,587.00 | 371,159.00 | 238,638.00 |
| Property, Plant, Equipment Net | 132,939.00 | 108,730.00 | 100,771.00 | 65,087.00 |
| Goodwill | 48,317.00 | 50,080.00 | 49,009.00 | 20,114.00 |
| Intangible Assets | 31,458.00 | 39,184.00 | 43,586.00 | 2,601.00 |
| Long-Term Investments | 225,818.00 | 191,351.00 | 153,462.00 | 141,087.00 |
| Non-Current Deferred Assets | 31,639.00 | 23,583.00 | 20,097.00 | 6,161.00 |
| Other Non-Current Assets | 18,302.00 | 10,659.00 | 4,234.00 | 3,588.00 |
| Liabilities | 462,627.00 | 383,055.00 | 397,142.00 | 331,400.00 |
| Current Liabilities | 388,230.00 | 322,811.00 | 134,068.00 | 287,930.00 |
| Payables and Expenses | 113,070.00 | 71,362.00 | 84,548.00 | 73,676.00 |
| Account Payables | 59,578.00 | 35,158.00 | 42,732.00 | 36,218.00 |
| Current Accrued Liabilities | 52,262.00 | 35,185.00 | 41,169.00 | 36,463.00 |
| Short-Term Debt | 187,733.00 | 204,381.00 | 5,968.00 | 187,489.00 |
| Other Current Liabilities | 87,427.00 | 47,068.00 | 43,552.00 | 26,765.00 |
| Non-Current Liabilities | 74,397.00 | 60,244.00 | 263,074.00 | 43,470.00 |
| Long-Term Debt | 48,363.00 | 39,762.00 | 240,091.00 | 33,450.00 |
| Other Non-Current Liabilities | 26,034.00 | 20,482.00 | 22,983.00 | 10,020.00 |
| Equity | 927,795.00 | 750,752.00 | 586,963.00 | 473,754.00 |
| Shareholders Equity | 927,795.00 | 750,752.00 | 586,963.00 | 473,754.00 |
| Capital Stock | 0 | 0 | 0 | 0 |
| Share Premium | 134,951.00 | 139,694.00 | 121,398.00 | 139,847.00 |
| Retained Earnings | 798,145.00 | 614,383.00 | 478,073.00 | 334,721.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -5,301.00 | -3,325.00 | -12,508.00 | -814.00 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 236,096.00 | 244,143.00 | 246,059.00 | 220,939.00 |
| Net Debt | 22,785.00 | 90,104.00 | 85,273.00 | 56,339.00 |
| Common Shares Outstanding | 29,278.40 | 29,013.84 | 28,678.48 | 28,579.04 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 672,396.00 | 517,922.00 | 570,729.00 | 416,113.00 |
| Cost Of Revenue | 285,310.00 | 224,745.00 | 253,759.00 | 180,670.00 |
| Interest Income | 34,547.00 | 22,643.00 | 6,478.00 | 2,194.00 |
| Interest Expense | 0 | 1,284.00 | 1,282.00 | 4,229.00 |
| Non-Interest Expense | 89,289.00 | 72,871.00 | 76,581.00 | 57,200.00 |
| Gross Profit | 387,086.00 | 293,177.00 | 316,970.00 | 235,443.00 |
| Operating Expenses | 199,546.00 | 160,914.00 | 167,039.00 | 123,057.00 |
| Selling, General and Administrative Expenses | 89,289.00 | 72,871.00 | 76,581.00 | 57,200.00 |
| Research and Development Expenses | 110,257.00 | 88,043.00 | 90,458.00 | 65,857.00 |
| Operating Income | 187,540.00 | 132,263.00 | 149,931.00 | 112,386.00 |
| EBT | 216,287.00 | 154,699.00 | 158,409.00 | 109,253.00 |
| Income Tax | 32,525.00 | 18,389.00 | 18,196.00 | 16,152.00 |
| Net Income Including Non-Controlling Interests | 183,762.00 | 136,310.00 | 140,213.00 | 93,101.00 |
| Net Income | 183,762.00 | 136,310.00 | 140,213.00 | 93,101.00 |
| EBIT | 187,540.00 | 132,263.00 | 149,931.00 | 113,482.00 |
| Deprecation and Amortization | 17,379.00 | 16,201.00 | 14,654.00 | 8,933.00 |
| EBITDA | 204,919.00 | 148,464.00 | 164,585.00 | 122,415.00 |
| EPS | 0.01 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.01 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 29,113.00 | 28,828.00 | 28,697.00 | 28,372.00 |
| Average Shares Outstanding Diluted | 32,138.00 | 32,089.00 | 31,870.00 | 29,816.00 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 235,266.00 | 123,531.00 | 119,539.00 | 132,262.00 |
| Operating Net Income | 183,762.00 | 136,310.00 | 140,213.00 | 93,101.00 |
| Deprecation and Amortization | 17,379.00 | 16,201.00 | 14,654.00 | 8,933.00 |
| Deferred Income Tax | 0 | -6,241.00 | -13,740.00 | -2,989.00 |
| Share Based Compensation | 25,209.00 | 18,286.00 | 16,647.00 | 10,488.00 |
| Change in Working Capital | 11,789.00 | -47,303.00 | -59,446.00 | 17,537.00 |
| Other Operating Activities | 0 | 6,278.00 | 21,211.00 | 5,192.00 |
| Investing Cash Flow | -136,400.00 | -125,331.00 | -100,256.00 | -238,501.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -17,215.00 | -17,188.00 | -21,314.00 | -4,816.00 |
| Net Purchase/Sale of Investments Net | -119,185.00 | -108,143.00 | -473.00 | -233,685.00 |
| Net Purchase/Sale of Business | 0 | 0 | -78,469.00 | 0 |
| Other Investing Activities | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | -48,346.00 | 10.00 | -29,806.00 | 11.00 |
| Net Issuance/Repayment of Debt | -18,506.00 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | -30,000.00 | -112.00 | -21,416.00 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 160.00 | 122.00 | -8,390.00 | 11.00 |
| Net Change in Cash | 50,520.00 | -1,790.00 | -10,523.00 | -106,228.00 |
| Cash at Beginning of Period | 107,574.00 | 111,721.00 | 126,698.00 | 232,304.00 |
| Cash at End of Period | 157,779.00 | 107,574.00 | 111,721.00 | 126,698.00 |
| Free Cash Flow | 218,051.00 | 106,343.00 | 98,225.00 | 127,446.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 2,307,491.00 | 1,533,626.00 | 1,463,782.00 | 1,390,422.00 | 1,333,434.00 |
| Current Assets | 1,445,494.00 | 901,357.00 | 875,744.00 | 901,949.00 | 895,874.00 |
| Cash and Short-Term Investments | 1,088,023.00 | 556,785.00 | 541,849.00 | 586,566.00 | 601,103.00 |
| Cash and Cash Equivalents | 521,633.00 | 160,563.00 | 141,055.00 | 157,779.00 | 153,963.00 |
| Short-Term Investments | 566,390.00 | 396,222.00 | 400,794.00 | 428,787.00 | 447,140.00 |
| Net Receivables | 144,885.00 | 138,407.00 | 126,927.00 | 140,100.00 | 114,386.00 |
| Inventory | 183,099.00 | 182,020.00 | 174,831.00 | 156,599.00 | 161,654.00 |
| Other Current Assets | 29,487.00 | 24,145.00 | 32,137.00 | 18,684.00 | 18,731.00 |
| Non-Current Assets | 861,997.00 | 632,269.00 | 588,038.00 | 488,473.00 | 437,560.00 |
| Property, Plant, Equipment Net | 150,044.00 | 144,459.00 | 139,845.00 | 132,939.00 | 108,268.00 |
| Goodwill | 90,789.00 | 90,736.00 | 84,910.00 | 48,317.00 | 50,438.00 |
| Intangible Assets | 48,127.00 | 50,411.00 | 48,935.00 | 31,458.00 | 35,155.00 |
| Long-Term Investments | 509,969.00 | 287,525.00 | 260,216.00 | 225,818.00 | 201,126.00 |
| Non-Current Deferred Assets | 38,103.00 | 35,357.00 | 32,945.00 | 31,639.00 | 27,159.00 |
| Other Non-Current Assets | 24,965.00 | 23,781.00 | 21,187.00 | 18,302.00 | 15,414.00 |
| Liabilities | 1,136,749.00 | 437,216.00 | 481,662.00 | 462,627.00 | 426,114.00 |
| Current Liabilities | 315,538.00 | 350,953.00 | 401,781.00 | 388,230.00 | 367,550.00 |
| Payables and Expenses | 54,995.00 | 53,594.00 | 55,192.00 | 113,070.00 | 46,862.00 |
| Account Payables | 54,995.00 | 53,594.00 | 55,192.00 | 59,578.00 | 46,862.00 |
| Current Accrued Liabilities | 0 | 0 | 0 | 52,262.00 | 0 |
| Short-Term Debt | 98,117.00 | 156,939.00 | 188,073.00 | 187,733.00 | 205,090.00 |
| Other Current Liabilities | 162,426.00 | 140,420.00 | 158,516.00 | 87,427.00 | 115,598.00 |
| Non-Current Liabilities | 821,211.00 | 86,263.00 | 79,881.00 | 74,397.00 | 58,564.00 |
| Long-Term Debt | 785,587.00 | 52,294.00 | 47,659.00 | 48,363.00 | 36,249.00 |
| Other Non-Current Liabilities | 35,624.00 | 33,969.00 | 32,222.00 | 26,034.00 | 22,315.00 |
| Equity | 1,170,742.00 | 1,096,410.00 | 982,120.00 | 927,795.00 | 907,320.00 |
| Shareholders Equity | 1,170,742.00 | 1,096,410.00 | 982,120.00 | 927,795.00 | 907,320.00 |
| Capital Stock | 0 | 0 | 0 | 0 | 0 |
| Share Premium | 0 | 158,747.00 | 0 | 134,951.00 | 0 |
| Retained Earnings | 0 | 931,259.00 | 0 | 798,145.00 | 0 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 6,404.00 | 0 | -5,301.00 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 883,704.00 | 209,233.00 | 235,732.00 | 236,096.00 | 241,339.00 |
| Net Debt | 299,873.00 | 0 | 39,799.00 | 22,785.00 | 44,685.00 |
| Common Shares Outstanding | 29,652.46 | 29,652.46 | 29,400.09 | 29,278.40 | 29,278.40 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 224,608.00 | 219,989.00 | 213,356.00 | 194,766.00 | 178,974.00 |
| Cost Of Revenue | 97,190.00 | 92,743.00 | 91,053.00 | 84,835.00 | 77,641.00 |
| Interest Income | 9,540.00 | 15,177.00 | 12,937.00 | 9,556.00 | 11,030.00 |
| Non-Interest Expense | 26,818.00 | 26,157.00 | 25,837.00 | 23,551.00 | 23,019.00 |
| Gross Profit | 127,418.00 | 127,246.00 | 122,303.00 | 109,931.00 | 101,333.00 |
| Operating Expenses | 63,558.00 | 61,603.00 | 59,071.00 | 54,460.00 | 52,102.00 |
| Selling, General and Administrative Expenses | 26,818.00 | 26,157.00 | 25,837.00 | 23,551.00 | 23,019.00 |
| Research and Development Expenses | 36,740.00 | 35,446.00 | 33,234.00 | 30,909.00 | 29,083.00 |
| Operating Income | 63,860.00 | 65,643.00 | 63,232.00 | 55,471.00 | 49,231.00 |
| EBT | 73,400.00 | 80,820.00 | 76,169.00 | 59,227.00 | 60,261.00 |
| Income Tax | 11,979.00 | 12,529.00 | 11,346.00 | 8,746.00 | 8,982.00 |
| Net Income Including Non-Controlling Interests | 61,421.00 | 68,291.00 | 64,823.00 | 50,481.00 | 51,279.00 |
| Net Income | 61,421.00 | 68,291.00 | 64,823.00 | 50,481.00 | 51,279.00 |
| EBIT | 63,860.00 | 65,643.00 | 63,232.00 | 55,471.00 | 49,231.00 |
| Deprecation and Amortization | 5,683.00 | 5,470.00 | 4,902.00 | 4,296.00 | 4,353.00 |
| EBITDA | 69,543.00 | 71,113.00 | 68,134.00 | 59,767.00 | 53,584.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 29,936.00 | 29,422.00 | 29,262.00 | 29,304.00 | 29,099.00 |
| Average Shares Outstanding Diluted | 32,470.00 | 32,053.00 | 32,062.00 | 32,062.00 | 32,238.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | 71,275.00 | 45,661.00 | 68,549.00 | 68,522.00 | 46,977.00 |
| Operating Net Income | 61,421.00 | 68,291.00 | 64,823.00 | 50,481.00 | 51,279.00 |
| Deprecation and Amortization | 5,683.00 | 5,470.00 | 4,902.00 | 4,296.00 | 4,353.00 |
| Deferred Income Tax | -3,483.00 | -3,508.00 | 0 | 0 | -2,524.00 |
| Share Based Compensation | 6,681.00 | 6,257.00 | 6,376.00 | 6,349.00 | 6,194.00 |
| Change in Working Capital | 4,159.00 | -15,967.00 | -2,422.00 | -76.00 | -7,699.00 |
| Other Operating Activities | -3,186.00 | -14,882.00 | 0 | 0 | -4,626.00 |
| Investing Cash Flow | -392,272.00 | -28,676.00 | -66,042.00 | -15,214.00 | -24,194.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -4,333.00 | -2,738.00 | -8,857.00 | -8,121.00 | -3,914.00 |
| Net Purchase/Sale of Investments Net | -387,939.00 | -21,280.00 | -5,488.00 | -7,093.00 | -20,280.00 |
| Net Purchase/Sale of Business | 0 | -4,658.00 | -51,697.00 | 0 | 0 |
| Other Investing Activities | 0.00 | 0.00 | 0.00 | 0 | 0 |
| Financing Cash Flow | 680,436.00 | 0 | -20,002.00 | -48,416.00 | 70.00 |
| Net Issuance/Repayment of Debt | 732,262.00 | 0 | 0 | 0 | 0 |
| Net Issuance/Repurchase of Equity | 0 | 0 | -20,002.00 | -30,000.00 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | -51,826.00 | 0 | 0 | 0 | 0 |
| Net Change in Cash | 359,439.00 | 16,985.00 | -17,495.00 | 4,892.00 | 22,853.00 |
| Cash at Beginning of Period | 160,881.00 | 141,055.00 | 157,779.00 | 153,963.00 | 130,353.00 |
| Cash at End of Period | 521,951.00 | 160,881.00 | 141,055.00 | 157,779.00 | 153,963.00 |
| Free Cash Flow | 66,942.00 | 42,923.00 | 59,692.00 | 60,401.00 | 43,063.00 |