NVE Corporation
NVE Corporation develops and sells devices that use spintronics, a nanotechnology relying on electron spin to acquire, store, and transmit information, both in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data. Its products include standard sensors designed to detect the presence of magnetic… Read more
NVE Corporation (NVEC) - Net Assets
Latest net assets as of September 2025: $59.71 Million USD
Based on the latest financial reports, NVE Corporation (NVEC) has net assets worth $59.71 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($61.49 Million) and total liabilities ($1.78 Million). 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 | $59.71 Million |
| % of Total Assets | 97.11% |
| Annual Growth Rate | 13.68% |
| 5-Year Change | -12.16% |
| 10-Year Change | -37.27% |
| Growth Volatility | 269.76 |
NVE Corporation - Net Assets Trend (1996–2025)
This chart illustrates how NVE Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NVE Corporation (1996–2025)
The table below shows the annual net assets of NVE Corporation from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $62.27 Million | -5.03% |
| 2024-03-31 | $65.57 Million | -2.25% |
| 2023-03-31 | $67.08 Million | +3.89% |
| 2022-03-31 | $64.57 Million | -8.92% |
| 2021-03-31 | $70.89 Million | -9.11% |
| 2020-03-31 | $78.00 Million | -5.78% |
| 2019-03-31 | $82.78 Million | -4.24% |
| 2018-03-31 | $86.44 Million | -6.73% |
| 2017-03-31 | $92.68 Million | -6.63% |
| 2016-03-31 | $99.26 Million | -8.37% |
| 2015-03-31 | $108.33 Million | +4.46% |
| 2014-03-31 | $103.70 Million | +10.34% |
| 2013-03-31 | $93.98 Million | +15.38% |
| 2012-03-31 | $81.46 Million | +16.42% |
| 2011-03-31 | $69.97 Million | +25.05% |
| 2010-03-31 | $55.95 Million | +34.61% |
| 2009-03-31 | $41.57 Million | +31.90% |
| 2008-03-31 | $31.51 Million | +31.92% |
| 2007-03-31 | $23.89 Million | +42.38% |
| 2006-03-31 | $16.78 Million | +28.70% |
| 2005-03-31 | $13.04 Million | +21.46% |
| 2004-03-31 | $10.73 Million | +43.52% |
| 2003-03-31 | $7.48 Million | +1468.41% |
| 2002-03-31 | $476.81K | -80.65% |
| 2001-03-31 | $2.46 Million | +129.25% |
| 2000-03-31 | $1.07 Million | -55.22% |
| 1999-03-31 | $2.40 Million | +28.84% |
| 1998-03-31 | $1.86 Million | -57.06% |
| 1997-03-31 | $4.34 Million | +186.82% |
| 1996-03-31 | $1.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NVE Corporation'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 5523.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $42.47 Million | 68.20% |
| Common Stock | $48.37K | 0.08% |
| Other Comprehensive Income | $-68.54K | -0.11% |
| Other Components | $19.82 Million | 31.83% |
| Total Equity | $62.27 Million | 100.00% |
NVE Corporation Competitors by Market Cap
The table below lists competitors of NVE Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Morguard Corporation
TO:MRC
|
$306.37 Million |
|
JPG
KLSE:5323
|
$306.40 Million |
|
Beijing Kaiwen Education Technology Co Ltd
SHE:002659
|
$306.46 Million |
|
Tianjin Pengling Rubber Hose Co Ltd
SHE:300375
|
$306.52 Million |
|
Vietnam Construction and Import Export JSC
VN:VCG
|
$306.22 Million |
|
Kolon Life Science Inc
KQ:102940
|
$306.22 Million |
|
Tokmanni Group Oyj
HE:TOKMAN
|
$306.14 Million |
|
Beijing Scitop Bio Tech Co Ltd
SHE:300858
|
$306.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NVE Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 65,568,517 to 62,268,771, a change of -3,299,746 (-5.0%).
- Net income of 15,064,516 contributed positively to equity growth.
- Dividend payments of 19,339,684 reduced retained earnings.
- Other comprehensive income increased equity by 709,092.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $15.06 Million | +24.19% |
| Dividends Paid | $19.34 Million | -31.06% |
| Other Comprehensive Income | $709.09K | +1.14% |
| Other Changes | $266.33K | +0.43% |
| Total Change | $- | -5.03% |
Book Value vs Market Value Analysis
This analysis compares NVE Corporation'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: 5.37x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-03-31 | $12.92 | $69.07 | x |
| 1997-03-31 | $29.38 | $69.07 | x |
| 1998-03-31 | $9.87 | $69.07 | x |
| 1999-03-31 | $12.18 | $69.07 | x |
| 2000-03-31 | $5.27 | $69.07 | x |
| 2001-03-31 | $0.70 | $69.07 | x |
| 2002-03-31 | $0.14 | $69.07 | x |
| 2003-03-31 | $1.73 | $69.07 | x |
| 2004-03-31 | $2.27 | $69.07 | x |
| 2005-03-31 | $2.75 | $69.07 | x |
| 2006-03-31 | $3.59 | $69.07 | x |
| 2007-03-31 | $5.01 | $69.07 | x |
| 2008-03-31 | $6.62 | $69.07 | x |
| 2009-03-31 | $8.69 | $69.07 | x |
| 2010-03-31 | $11.52 | $69.07 | x |
| 2011-03-31 | $14.44 | $69.07 | x |
| 2012-03-31 | $16.75 | $69.07 | x |
| 2013-03-31 | $19.32 | $69.07 | x |
| 2014-03-31 | $21.30 | $69.07 | x |
| 2015-03-31 | $22.24 | $69.07 | x |
| 2016-03-31 | $20.46 | $69.07 | x |
| 2017-03-31 | $19.16 | $69.07 | x |
| 2018-03-31 | $17.84 | $69.07 | x |
| 2019-03-31 | $17.07 | $69.07 | x |
| 2020-03-31 | $16.09 | $69.07 | x |
| 2021-03-31 | $14.66 | $69.07 | x |
| 2022-03-31 | $13.35 | $69.07 | x |
| 2023-03-31 | $13.88 | $69.07 | x |
| 2024-03-31 | $13.55 | $69.07 | x |
| 2025-03-31 | $12.87 | $69.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NVE Corporation 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): 24.19%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 58.22%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.03x
- Recent ROE (24.19%) is above the historical average (6.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 54.72% | 14.02% | 2.08x | 1.87x | $676.39K |
| 1997 | -142.04% | -70.42% | 1.08x | 1.86x | $-6.60 Million |
| 1998 | -130.24% | -40.81% | 1.37x | 2.33x | $-2.61 Million |
| 1999 | 12.50% | 5.45% | 1.77x | 1.29x | $60.00K |
| 2000 | 436.86% | 121.73% | 3.50x | 1.03x | $4.59 Million |
| 2001 | 5.16% | 1.78% | 1.53x | 1.89x | $-119.14K |
| 2002 | -440.52% | -30.03% | 1.95x | 7.54x | $-2.15 Million |
| 2003 | 8.65% | 6.85% | 0.98x | 1.29x | $-100.98K |
| 2004 | 19.64% | 17.55% | 0.97x | 1.16x | $1.03 Million |
| 2005 | 13.49% | 15.14% | 0.82x | 1.09x | $454.60K |
| 2006 | 10.71% | 14.77% | 0.69x | 1.06x | $119.93K |
| 2007 | 20.01% | 29.04% | 0.66x | 1.05x | $2.39 Million |
| 2008 | 22.81% | 35.01% | 0.63x | 1.04x | $4.04 Million |
| 2009 | 23.53% | 41.86% | 0.55x | 1.02x | $5.63 Million |
| 2010 | 21.45% | 42.63% | 0.49x | 1.03x | $6.40 Million |
| 2011 | 19.10% | 42.83% | 0.43x | 1.03x | $6.36 Million |
| 2012 | 13.97% | 39.82% | 0.34x | 1.02x | $3.24 Million |
| 2013 | 12.59% | 43.76% | 0.28x | 1.02x | $2.43 Million |
| 2014 | 10.74% | 42.94% | 0.25x | 1.01x | $765.41K |
| 2015 | 13.26% | 46.98% | 0.28x | 1.02x | $3.54 Million |
| 2016 | 12.38% | 44.35% | 0.27x | 1.02x | $2.37 Million |
| 2017 | 13.97% | 45.71% | 0.30x | 1.01x | $3.68 Million |
| 2018 | 16.09% | 46.59% | 0.34x | 1.01x | $5.27 Million |
| 2019 | 17.53% | 54.80% | 0.32x | 1.01x | $6.23 Million |
| 2020 | 18.63% | 57.16% | 0.32x | 1.02x | $6.73 Million |
| 2021 | 16.50% | 54.73% | 0.29x | 1.02x | $4.61 Million |
| 2022 | 22.47% | 53.76% | 0.40x | 1.04x | $8.05 Million |
| 2023 | 33.83% | 59.33% | 0.55x | 1.03x | $15.99 Million |
| 2024 | 26.12% | 57.46% | 0.45x | 1.02x | $10.57 Million |
| 2025 | 24.19% | 58.22% | 0.40x | 1.03x | $8.84 Million |
Industry Comparison
This section compares NVE Corporation's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $1,032,397,694
- Average return on equity (ROE) among peers: -33.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NVE Corporation (NVEC) | $59.71 Million | 54.72% | 0.03x | $306.29 Million |
| Analog Devices Inc (ADI) | $3.80 Billion | 22.85% | 0.39x | $150.01 Billion |
| Arteris Inc (AIP) | $-14.63 Million | 0.00% | 0.00x | $535.54 Million |
| Astera Labs, Inc. (ALAB) | $-85.29 Million | 0.00% | 0.00x | $17.81 Billion |
| Allegro Microsystems Inc (ALGM) | $634.13 Million | 5.83% | 0.29x | $3.98 Billion |
| Aeluma, Inc (ALMU) | $5.10 Million | -67.68% | 0.16x | $159.25 Million |
| Ambiq Micro, Inc. (AMBQ) | $89.01 Million | -28.47% | 0.18x | $419.98 Million |
| Advanced Micro Devices Inc (AMD) | $187.00 Million | -215.51% | 19.14x | $318.29 Billion |
| AMSSD (AMSSD) | $1.91 Billion | -84.67% | 2.89x | $27.31K |
| Alpha and Omega Semiconductor Ltd (AOSL) | $260.25 Million | 14.53% | 0.34x | $512.72 Million |
| Arm Holdings plc American Depositary Shares (ARM) | $3.55 Billion | 15.47% | 0.83x | $17.42 Billion |