Nova Ltd. Logo

Nova Ltd.

NVMI

(2.2)
Stock Price

192,34 USD

13.48% ROA

19.88% ROE

28.8x PER

Market Cap.

3.877.272.019,00 USD

34.49% DER

0% Yield

26.32% NPM

Nova Ltd. Stock Analysis

Nova Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Nova Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (22.33%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a low debt to equity ratio (37%), which means it has a small amount of debt compared to the ownership it holds

4 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

5 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (694), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

6 PBV

The stock's high Price-to-Book Value (P/BV) ratio (5.29x) suggests it's overvalued, potentially making it an expensive investment.

7 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

9 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

10 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

11 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

Nova Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Nova Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Nova Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Nova Ltd. Revenue
Year Revenue Growth
1999 27.581.000
2000 48.463.000 43.09%
2001 21.171.000 -128.91%
2002 20.371.000 -3.93%
2003 26.688.000 23.67%
2004 40.879.000 34.71%
2005 30.142.000 -35.62%
2006 48.292.000 37.58%
2007 58.077.000 16.85%
2008 38.969.000 -49.03%
2009 39.318.000 0.89%
2010 86.620.000 54.61%
2011 102.828.000 15.76%
2012 96.168.000 -6.93%
2013 111.509.000 13.76%
2014 120.618.000 7.55%
2015 148.514.000 18.78%
2016 163.903.000 9.39%
2017 221.992.000 26.17%
2018 251.134.000 11.6%
2019 224.909.000 -11.66%
2020 269.396.000 16.51%
2021 416.113.000 35.26%
2022 570.729.000 27.09%
2023 515.232.000 -10.77%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Nova Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
1999 8.569.000
2000 13.878.000 38.25%
2001 13.253.000 -4.72%
2002 9.894.000 -33.95%
2003 8.561.000 -15.57%
2004 8.665.000 1.2%
2005 9.301.000 6.84%
2006 9.166.000 -1.47%
2007 9.143.000 -0.25%
2008 8.606.000 -6.24%
2009 6.865.000 -25.36%
2010 12.445.000 44.84%
2011 18.677.000 33.37%
2012 24.594.000 24.06%
2013 29.578.000 16.85%
2014 29.498.000 -0.27%
2015 39.703.000 25.7%
2016 34.998.000 -13.44%
2017 38.956.000 10.16%
2018 45.451.000 14.29%
2019 44.508.000 -2.12%
2020 53.015.000 16.05%
2021 65.857.000 19.5%
2022 90.458.000 27.2%
2023 85.488.000 -5.81%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Nova Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
1999 0
2000 0 0%
2001 0 0%
2002 0 0%
2003 6.229.000 100%
2004 0 0%
2005 10.576.000 100%
2006 13.890.000 23.86%
2007 15.005.000 7.43%
2008 3.199.000 -369.05%
2009 2.240.000 -42.81%
2010 2.968.000 24.53%
2011 3.229.000 8.08%
2012 3.978.000 18.83%
2013 5.197.000 23.46%
2014 4.457.000 -16.6%
2015 5.856.000 23.89%
2016 6.835.000 14.32%
2017 8.100.000 15.62%
2018 8.735.000 7.27%
2019 10.066.000 13.22%
2020 12.514.000 19.56%
2021 17.324.000 27.76%
2022 23.852.000 27.37%
2023 17.132.000 -39.22%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Nova Ltd. EBITDA
Year EBITDA Growth
1999 -3.246.000
2000 2.968.000 209.37%
2001 -15.722.000 118.88%
2002 -8.270.000 -90.11%
2003 -3.381.000 -144.6%
2004 1.609.000 310.13%
2005 -8.147.000 119.75%
2006 -432.000 -1785.88%
2007 4.839.000 108.93%
2008 -4.372.000 210.68%
2009 3.722.000 217.46%
2010 23.130.000 83.91%
2011 26.417.000 12.44%
2012 13.367.000 -97.63%
2013 15.855.000 15.69%
2014 20.862.000 24%
2015 26.511.000 21.31%
2016 16.982.000 -56.11%
2017 63.998.000 73.46%
2018 68.126.000 6.06%
2019 46.806.000 -45.55%
2020 65.299.000 28.32%
2021 121.319.000 46.18%
2022 164.585.000 26.29%
2023 153.588.000 -7.16%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Nova Ltd. Gross Profit
Year Gross Profit Growth
1999 10.911.000
2000 24.985.000 56.33%
2001 4.701.000 -431.48%
2002 7.018.000 33.02%
2003 10.153.000 30.88%
2004 18.803.000 46%
2005 10.836.000 -73.52%
2006 20.549.000 47.27%
2007 24.826.000 17.23%
2008 12.983.000 -91.22%
2009 17.587.000 26.18%
2010 47.416.000 62.91%
2011 57.996.000 18.24%
2012 51.154.000 -13.38%
2013 59.071.000 13.4%
2014 63.613.000 7.14%
2015 77.080.000 17.47%
2016 75.280.000 -2.39%
2017 131.187.000 42.62%
2018 145.234.000 9.67%
2019 121.820.000 -19.22%
2020 152.923.000 20.34%
2021 237.361.000 35.57%
2022 322.396.000 26.38%
2023 288.964.000 -11.57%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Nova Ltd. Net Profit
Year Net Profit Growth
1999 -5.035.000
2000 2.781.000 281.05%
2001 -16.874.000 116.48%
2002 -12.957.000 -30.23%
2003 -4.212.000 -207.62%
2004 1.467.000 387.12%
2005 -8.414.000 117.44%
2006 -1.934.000 -335.06%
2007 -3.917.000 50.63%
2008 -5.421.000 27.74%
2009 2.631.000 306.04%
2010 22.175.000 88.14%
2011 28.118.000 21.14%
2012 11.828.000 -137.72%
2013 10.515.000 -12.49%
2014 18.652.000 43.63%
2015 15.725.000 -18.61%
2016 9.644.000 -63.05%
2017 46.459.000 79.24%
2018 54.375.000 14.56%
2019 35.171.000 -54.6%
2020 47.907.000 26.58%
2021 93.101.000 48.54%
2022 140.213.000 33.6%
2023 134.756.000 -4.05%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Nova Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1999 0
2000 0 0%
2001 -1 100%
2002 -1 0%
2003 0 0%
2004 0 0%
2005 -1 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 1 0%
2011 1 100%
2012 0 0%
2013 0 0%
2014 1 0%
2015 1 0%
2016 0 0%
2017 2 100%
2018 2 0%
2019 1 0%
2020 2 0%
2021 3 66.67%
2022 5 25%
2023 5 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Nova Ltd. Free Cashflow
Year Free Cashflow Growth
1999 -2.084.000
2000 -4.824.000 56.8%
2001 -6.677.000 27.75%
2002 -8.512.000 21.56%
2003 -5.871.000 -44.98%
2004 -2.771.000 -111.87%
2005 -8.663.000 68.01%
2006 -6.345.000 -36.53%
2007 3.391.000 287.11%
2008 -4.218.000 180.39%
2009 -2.190.000 -92.6%
2010 24.267.000 109.02%
2011 22.794.000 -6.46%
2012 4.058.000 -461.71%
2013 6.872.000 40.95%
2014 28.309.000 75.73%
2015 21.415.000 -32.19%
2016 -7.293.000 393.64%
2017 55.516.000 113.14%
2018 32.431.000 -71.18%
2019 19.933.000 -62.7%
2020 53.810.000 62.96%
2021 127.446.000 57.78%
2022 98.225.000 -29.75%
2023 43.132.000 -127.73%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Nova Ltd. Operating Cashflow
Year Operating Cashflow Growth
1999 -1.324.000
2000 -3.654.000 63.77%
2001 -5.536.000 34%
2002 -7.911.000 30.02%
2003 -5.507.000 -43.65%
2004 -1.529.000 -260.17%
2005 -7.381.000 79.28%
2006 -5.112.000 -44.39%
2007 4.574.000 211.76%
2008 -3.274.000 239.71%
2009 -1.787.000 -83.21%
2010 25.832.000 106.92%
2011 25.101.000 -2.91%
2012 7.718.000 -225.23%
2013 10.991.000 29.78%
2014 33.543.000 67.23%
2015 25.788.000 -30.07%
2016 -4.160.000 719.9%
2017 61.811.000 106.73%
2018 36.109.000 -71.18%
2019 41.202.000 12.36%
2020 60.253.000 31.62%
2021 132.262.000 54.44%
2022 119.539.000 -10.64%
2023 46.687.000 -156.04%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Nova Ltd. Capital Expenditure
Year Capital Expenditure Growth
1999 760.000
2000 1.170.000 35.04%
2001 1.141.000 -2.54%
2002 601.000 -89.85%
2003 364.000 -65.11%
2004 1.242.000 70.69%
2005 1.282.000 3.12%
2006 1.233.000 -3.97%
2007 1.183.000 -4.23%
2008 944.000 -25.32%
2009 403.000 -134.24%
2010 1.565.000 74.25%
2011 2.307.000 32.16%
2012 3.660.000 36.97%
2013 4.119.000 11.14%
2014 5.234.000 21.3%
2015 4.373.000 -19.69%
2016 3.133.000 -39.58%
2017 6.295.000 50.23%
2018 3.678.000 -71.15%
2019 21.269.000 82.71%
2020 6.443.000 -230.11%
2021 4.816.000 -33.78%
2022 21.314.000 77.4%
2023 3.555.000 -499.55%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Nova Ltd. Equity
Year Equity Growth
1999 8.276.000
2000 62.619.000 86.78%
2001 47.006.000 -33.21%
2002 35.677.000 -31.75%
2003 32.336.000 -10.33%
2004 34.468.000 6.19%
2005 23.444.000 -47.02%
2006 24.575.000 4.6%
2007 27.584.000 10.91%
2008 22.341.000 -23.47%
2009 26.915.000 16.99%
2010 68.384.000 60.64%
2011 99.906.000 31.55%
2012 114.771.000 12.95%
2013 128.664.000 10.8%
2014 143.582.000 10.39%
2015 161.060.000 10.85%
2016 174.717.000 7.82%
2017 226.736.000 22.94%
2018 280.740.000 19.24%
2019 314.539.000 10.75%
2020 371.538.000 15.34%
2021 473.754.000 21.58%
2022 586.963.000 19.29%
2023 700.780.000 16.24%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Nova Ltd. Assets
Year Assets Growth
1999 20.772.000
2000 81.825.000 74.61%
2001 59.564.000 -37.37%
2002 49.008.000 -21.54%
2003 47.918.000 -2.27%
2004 49.462.000 3.12%
2005 42.339.000 -16.82%
2006 44.419.000 4.68%
2007 48.385.000 8.2%
2008 35.791.000 -35.19%
2009 40.924.000 12.54%
2010 93.377.000 56.17%
2011 122.947.000 24.05%
2012 142.044.000 13.44%
2013 162.277.000 12.47%
2014 173.279.000 6.35%
2015 207.269.000 16.4%
2016 218.593.000 5.18%
2017 283.285.000 22.84%
2018 333.430.000 15.04%
2019 400.443.000 16.73%
2020 655.786.000 38.94%
2021 805.154.000 18.55%
2022 984.105.000 18.18%
2023 1.084.159.000 9.23%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Nova Ltd. Liabilities
Year Liabilities Growth
1999 12.496.000
2000 19.206.000 34.94%
2001 12.558.000 -52.94%
2002 13.331.000 5.8%
2003 15.582.000 14.45%
2004 14.994.000 -3.92%
2005 18.895.000 20.65%
2006 19.844.000 4.78%
2007 20.801.000 4.6%
2008 13.450.000 -54.65%
2009 14.009.000 3.99%
2010 24.993.000 43.95%
2011 23.041.000 -8.47%
2012 27.273.000 15.52%
2013 33.613.000 18.86%
2014 29.697.000 -13.19%
2015 46.209.000 35.73%
2016 43.876.000 -5.32%
2017 56.549.000 22.41%
2018 52.690.000 -7.32%
2019 85.904.000 38.66%
2020 284.248.000 69.78%
2021 331.400.000 14.23%
2022 397.142.000 16.55%
2023 383.379.000 -3.59%

Nova Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
18.53
Net Income per Share
4.65
Price to Earning Ratio
28.8x
Price To Sales Ratio
7.25x
POCF Ratio
26.95
PFCF Ratio
30.89
Price to Book Ratio
5.52
EV to Sales
7.48
EV Over EBITDA
26.43
EV to Operating CashFlow
27.89
EV to FreeCashFlow
31.89
Earnings Yield
0.03
FreeCashFlow Yield
0.03
Market Cap
3,88 Bil.
Enterprise Value
4,00 Bil.
Graham Number
50.41
Graham NetNet
7.97

Income Statement Metrics

Net Income per Share
4.65
Income Quality
1.07
ROE
0.21
Return On Assets
0.12
Return On Capital Employed
0.16
Net Income per EBT
0.88
EBT Per Ebit
1.17
Ebit per Revenue
0.26
Effective Tax Rate
0.12

Margins

Sales, General, & Administrative to Revenue
0.04
Research & Developement to Revenue
0.17
Stock Based Compensation to Revenue
0.03
Gross Profit Margin
0.57
Operating Profit Margin
0.26
Pretax Profit Margin
0.3
Net Profit Margin
0.26

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
4.97
Free CashFlow per Share
4.35
Capex to Operating CashFlow
-0.13
Capex to Revenue
-0.03
Capex to Depreciation
-1.13
Return on Invested Capital
0.12
Return on Tangible Assets
0.13
Days Sales Outstanding
62.68
Days Payables Outstanding
41.32
Days of Inventory on Hand
222.14
Receivables Turnover
5.82
Payables Turnover
8.83
Inventory Turnover
1.64
Capex per Share
-0.62

Balance Sheet

Cash per Share
16,42
Book Value per Share
24,27
Tangible Book Value per Share
21.23
Shareholders Equity per Share
24.27
Interest Debt per Share
8.37
Debt to Equity
0.34
Debt to Assets
0.22
Net Debt to EBITDA
0.83
Current Ratio
2.25
Tangible Asset Value
0,61 Bil.
Net Current Asset Value
0,34 Bil.
Invested Capital
0.34
Working Capital
0,40 Bil.
Intangibles to Total Assets
0.08
Average Receivables
0,09 Bil.
Average Payables
0,03 Bil.
Average Inventory
145112500
Debt to Market Cap
0.06

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Nova Ltd. Dividends
Year Dividends Growth

Nova Ltd. Profile

About Nova Ltd.

Nova 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. Its product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufacturing process steps, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging. The company serves various sectors of the integrated circuit manufacturing industry, including logic, foundries, and memory manufacturers, as well as process equipment manufacturers. Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. The company was incorporated in 1993 and is headquartered in Rehovot, Israel.

CEO
Mr. Gabriel Waisman
Employee
1.202
Address
5 David Fikes Street
Rehovot, 7610201

Nova Ltd. Executives & BODs

Nova Ltd. Executives & BODs
# Name Age
1 Mr. Gabriel Waisman
President & Chief Executive Officer
70
2 Mr. Eitan Oppenhaim
Executive Chairman of the Board
70
3 Mr. C. Thomas Larson
Vice President of Corporate Development
70
4 Ms. Sharon Dayan
Chief Human Resources Officer
70
5 Mr. Adrian S. Wilson
President of Nova Measuring Instruments, Inc & GM of Material Metrology Division
70
6 Mr. Dror David
Chief Financial Officer
70
7 Mr. Gabi Sharon
Chief Operating Officer
70
8 Dr. Shay Wolfling
Chief Technology Officer
70
9 Mr. Zohar Gil
Chief Marketing Officer
70

Nova Ltd. Competitors