Nova Measuring Instruments Ltd
Nova Ltd. engages in the design, development, production, and sale of process control systems used in the manufacture of semiconductors in Taiwan, the United States, China, Korea, and internationally. The company's product portfolio includes a set of metrology platforms for dimensional, films, and materials and chemical metrology measurements for process control for various semiconductor manufact… Read more
Nova Measuring Instruments Ltd (NMR) - Net Assets
Latest net assets as of September 2025: €1.17 Billion EUR
Based on the latest financial reports, Nova Measuring Instruments Ltd (NMR) has net assets worth €1.17 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.31 Billion) and total liabilities (€1.14 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.17 Billion |
| % of Total Assets | 50.74% |
| Annual Growth Rate | 19.67% |
| 5-Year Change | 149.72% |
| 10-Year Change | 476.06% |
| Growth Volatility | 7.31 |
Nova Measuring Instruments Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Nova Measuring Instruments Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nova Measuring Instruments Ltd (2013–2024)
The table below shows the annual net assets of Nova Measuring Instruments Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €927.79 Million | +23.58% |
| 2023-12-31 | €750.75 Million | +27.90% |
| 2022-12-31 | €586.96 Million | +23.90% |
| 2021-12-31 | €473.75 Million | +27.51% |
| 2020-12-31 | €371.54 Million | +18.12% |
| 2019-12-31 | €314.54 Million | +12.04% |
| 2018-12-31 | €280.74 Million | +23.82% |
| 2017-12-31 | €226.74 Million | +29.77% |
| 2016-12-31 | €174.72 Million | +8.48% |
| 2015-12-31 | €161.06 Million | +12.17% |
| 2014-12-31 | €143.58 Million | +11.59% |
| 2013-12-31 | €128.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nova Measuring Instruments Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5694.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €798.14 Million | 86.03% |
| Other Components | €129.65 Million | 13.97% |
| Total Equity | €927.79 Million | 100.00% |
Nova Measuring Instruments Ltd Competitors by Market Cap
The table below lists competitors of Nova Measuring Instruments Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bajaj Finserv Limited
NSE:BAJAJFINSV
|
$11.55 Billion |
|
Tele2 AB (publ)
ST:TEL2-B
|
$11.57 Billion |
|
IONQ Inc
NYSE:IONQ
|
$11.58 Billion |
|
Ionis Pharmaceuticals Inc
NASDAQ:IONS
|
$11.61 Billion |
|
Hengtong Optic Electric Co Ltd
SHG:600487
|
$11.55 Billion |
|
ideaForge Technology Limited
NSE:IDEAFORGE
|
$11.54 Billion |
|
Samsung Fire & Marine Insurance
KO:000810
|
$11.53 Billion |
|
JSW Steel Limited
NSE:JSWSTEEL
|
$11.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nova Measuring Instruments Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 750,752,000 to 927,795,000, a change of 177,043,000 (23.6%).
- Net income of 183,762,000 contributed positively to equity growth.
- Share repurchases of 30,000,000 reduced equity.
- Other factors increased equity by 23,281,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €183.76 Million | +19.81% |
| Share Repurchases | €30.00 Million | -3.23% |
| Other Changes | €23.28 Million | +2.51% |
| Total Change | €- | 23.58% |
Book Value vs Market Value Analysis
This analysis compares Nova Measuring Instruments Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 12.04x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 46.95x to 12.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €8.13 | €381.60 | x |
| 2018-12-31 | €10.06 | €381.60 | x |
| 2019-12-31 | €11.23 | €381.60 | x |
| 2020-12-31 | €13.19 | €381.60 | x |
| 2021-12-31 | €16.62 | €381.60 | x |
| 2022-12-31 | €20.47 | €381.60 | x |
| 2023-12-31 | €25.88 | €381.60 | x |
| 2024-12-31 | €31.69 | €381.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nova Measuring Instruments Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.81%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.33%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.50x
- Recent ROE (19.81%) is above the historical average (15.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 8.17% | 9.43% | 0.69x | 1.26x | €-2.35 Million |
| 2014 | 12.99% | 15.46% | 0.70x | 1.21x | €4.29 Million |
| 2015 | 9.76% | 10.59% | 0.72x | 1.29x | €-381.00K |
| 2016 | 5.52% | 5.88% | 0.75x | 1.25x | €-7.83 Million |
| 2017 | 20.49% | 20.93% | 0.78x | 1.25x | €23.79 Million |
| 2018 | 19.37% | 21.65% | 0.75x | 1.19x | €26.30 Million |
| 2019 | 11.18% | 15.64% | 0.56x | 1.27x | €3.72 Million |
| 2020 | 12.89% | 17.78% | 0.41x | 1.77x | €10.75 Million |
| 2021 | 19.65% | 22.37% | 0.52x | 1.70x | €45.73 Million |
| 2022 | 23.89% | 24.57% | 0.58x | 1.68x | €81.52 Million |
| 2023 | 18.16% | 26.32% | 0.46x | 1.51x | €61.23 Million |
| 2024 | 19.81% | 27.33% | 0.48x | 1.50x | €90.98 Million |
Industry Comparison
This section compares Nova Measuring Instruments Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $27,759,932,959
- Average return on equity (ROE) among peers: 7.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nova Measuring Instruments Ltd (NMR) | €1.17 Billion | 8.17% | 0.97x | $11.55 Billion |
| Daqo New Energy Corp (5DQ2) | $6.45 Billion | 6.66% | 0.15x | $1.45 Billion |
| Kokusai Electric Corporation (69B) | $119.52 Billion | 42.95% | 1.98x | $5.02 Billion |
| ASM Pacific Technology Limited (AY7A) | $15.29 Billion | 2.26% | 0.55x | $3.72 Billion |
| Smoltek Nanotech Holding AB (GY9) | $83.10 Million | -40.19% | 0.11x | $3.69 Million |
| Mimasu Semiconductor Industry Co. Ltd (MU2) | $51.54 Billion | 0.76% | 0.23x | $745.20 Million |
| First Sensor AG (SIS) | $135.62 Million | 38.59% | 0.33x | $92.99 Million |
| SAMCO Inc (SMU) | $8.00 Billion | -3.32% | 0.27x | $170.96 Million |
| TOWA Corporation (TWA) | $21.06 Billion | 9.95% | 0.51x | $893.35 Million |