NVE Corporation (NVEC) - Net Assets
Based on the latest financial reports, NVE Corporation (NVEC) has net assets worth $58.25 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($60.87 Million) and total liabilities ($2.62 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. Check NVE Corporation tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $58.25 Million |
| % of Total Assets | 95.7% |
| Annual Growth Rate | 12.94% |
| 5-Year Change | -9.78% |
| 10-Year Change | -37.15% |
| Growth Volatility | 265.53 |
NVE Corporation - Net Assets Trend (1996–2026)
This chart illustrates how NVE Corporation's net assets have evolved over time, based on quarterly financial data. See NVEC defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for NVE Corporation (1996–2026)
The table below shows the annual net assets of NVE Corporation from 1996 to 2026. For live valuation and market cap data, see NVEC stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $58.25 Million | -6.45% |
| 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 4974.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $38.32 Million | 65.78% |
| Common Stock | $48.37K | 0.08% |
| Other Comprehensive Income | $-32.01K | -0.05% |
| Other Components | $19.91 Million | 34.19% |
| Total Equity | $58.25 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 |
|---|---|
|
Solowin Holdings Ordinary Share
NASDAQ:SWIN
|
$492.41 Million |
|
B&S Group SA
AS:BSGR
|
$492.44 Million |
|
Ethos Technologies Inc. Class A Common Stock
NASDAQ:LIFE
|
$492.48 Million |
|
Chongqing Yukaifa Co Ltd
SHE:000514
|
$492.65 Million |
|
Akva Group
OL:AKVA
|
$492.19 Million |
|
XiAn Catering Co Ltd
SHE:000721
|
$492.13 Million |
|
Shenzhen Bingchuan Network Co Ltd
SHE:300533
|
$491.99 Million |
|
Lendingtree Inc
NASDAQ:TREE
|
$491.84 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 2025 to 2026, total equity changed from 62,268,771 to 58,249,499, a change of -4,019,272 (-6.5%).
- Net income of 15,199,195 contributed positively to equity growth.
- Dividend payments of 19,348,664 reduced retained earnings.
- Other comprehensive income increased equity by 36,535.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $15.20 Million | +26.09% |
| Dividends Paid | $19.35 Million | -33.22% |
| Other Comprehensive Income | $36.53K | +0.06% |
| Other Changes | $93.66K | +0.16% |
| Total Change | $- | -6.45% |
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: 8.45x
- 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 increased from 7.87x to 8.45x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-03-31 | $12.92 | $101.77 | x |
| 1997-03-31 | $29.38 | $101.77 | x |
| 1998-03-31 | $9.87 | $101.77 | x |
| 1999-03-31 | $12.18 | $101.77 | x |
| 2000-03-31 | $5.27 | $101.77 | x |
| 2001-03-31 | $0.70 | $101.77 | x |
| 2002-03-31 | $0.14 | $101.77 | x |
| 2003-03-31 | $1.73 | $101.77 | x |
| 2004-03-31 | $2.27 | $101.77 | x |
| 2005-03-31 | $2.75 | $101.77 | x |
| 2006-03-31 | $3.59 | $101.77 | x |
| 2007-03-31 | $5.01 | $101.77 | x |
| 2008-03-31 | $6.62 | $101.77 | x |
| 2009-03-31 | $8.69 | $101.77 | x |
| 2010-03-31 | $11.52 | $101.77 | x |
| 2011-03-31 | $14.44 | $101.77 | x |
| 2012-03-31 | $16.75 | $101.77 | x |
| 2013-03-31 | $19.32 | $101.77 | x |
| 2014-03-31 | $21.30 | $101.77 | x |
| 2015-03-31 | $22.24 | $101.77 | x |
| 2016-03-31 | $20.46 | $101.77 | x |
| 2017-03-31 | $19.16 | $101.77 | x |
| 2018-03-31 | $17.84 | $101.77 | x |
| 2019-03-31 | $17.07 | $101.77 | x |
| 2020-03-31 | $16.09 | $101.77 | x |
| 2021-03-31 | $14.66 | $101.77 | x |
| 2022-03-31 | $13.35 | $101.77 | x |
| 2023-03-31 | $13.88 | $101.77 | x |
| 2024-03-31 | $13.55 | $101.77 | x |
| 2025-03-31 | $12.87 | $101.77 | x |
| 2026-03-31 | $12.04 | $101.77 | 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): 26.09%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 57.72%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.04x
- Recent ROE (26.09%) is above the historical average (7.55%), 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 |
| 2026 | 26.09% | 57.72% | 0.43x | 1.04x | $9.37 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: $8,703,311,242
- Average return on equity (ROE) among peers: -31.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NVE Corporation (NVEC) | $58.25 Million | 54.72% | 0.04x | $492.28 Million |
| Analog Devices Inc (ADI) | $363.40 Million | 7.68% | 0.25x | $202.34 Billion |
| Arteris Inc (AIP) | $-6.30 Million | 0.00% | 0.00x | $1.57 Billion |
| Astera Labs, Inc. (ALAB) | $964.80 Million | -8.65% | 0.09x | $58.57 Billion |
| Allegro Microsystems Inc (ALGM) | $586.87 Million | 3.06% | 0.27x | $8.93 Billion |
| Aeluma, Inc (ALMU) | $6.11 Million | -88.04% | 0.17x | $440.58 Million |
| Ambiq Micro, Inc. (AMBQ) | $85.75 Million | -46.25% | 0.22x | $524.36 Million |
| Advanced Micro Devices Inc (AMD) | $187.00 Million | -215.51% | 19.14x | $742.23 Billion |
| Alpha and Omega Semiconductor Ltd (AOSL) | $891.61 Million | -1.24% | 0.28x | $1.13 Billion |
| Arm Holdings plc American Depositary Shares (ARM) | $6.84 Billion | 11.58% | 0.31x | $221.23 Billion |
| ASE Industrial Holding Co Ltd ADR (ASX) | $77.11 Billion | 23.11% | 0.78x | $51.18 Billion |
About NVE Corporation
NVE Corporation develops and sells devices that use spintronics, a nanotechnology relying on electron spin to acquire, store, and transmit information in the United States. The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determi… Read more