Nova 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 Ltd (NVMI) - Net Assets
Latest net assets as of December 2025: $1.32 Billion USD
Based on the latest financial reports, Nova Ltd (NVMI) has net assets worth $1.32 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.36 Billion) and total liabilities ($1.04 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 | $1.32 Billion |
| % of Total Assets | 55.85% |
| Annual Growth Rate | 21.53% |
| 5-Year Change | 178.26% |
| 10-Year Change | 654.5% |
| Growth Volatility | 127.49 |
Nova Ltd - Net Assets Trend (1999–2025)
This chart illustrates how Nova 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 Ltd (1999–2025)
The table below shows the annual net assets of Nova Ltd from 1999 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.32 Billion | +42.08% |
| 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 | +12.10% |
| 2012-12-31 | $114.77 Million | +14.88% |
| 2011-12-31 | $99.91 Million | +46.10% |
| 2010-12-31 | $68.38 Million | +154.07% |
| 2009-12-31 | $26.91 Million | +20.47% |
| 2008-12-31 | $22.34 Million | -19.01% |
| 2007-12-31 | $27.58 Million | +12.24% |
| 2006-12-31 | $24.57 Million | +4.82% |
| 2005-12-31 | $23.44 Million | -31.98% |
| 2004-12-31 | $34.47 Million | +6.59% |
| 2003-12-31 | $32.34 Million | -9.36% |
| 2002-12-31 | $35.68 Million | -24.10% |
| 2001-12-31 | $47.01 Million | -24.93% |
| 2000-12-31 | $62.62 Million | +656.63% |
| 1999-12-31 | $8.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nova 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 106649199900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.06 Billion | 80.21% |
| Common Stock | $1.32 Billion | 100.00% |
| Other Comprehensive Income | $6.55 Million | 0.50% |
| Total Equity | $1.32 Billion | 100.00% |
Nova Ltd Competitors by Market Cap
The table below lists competitors of Nova Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Citic Bank Corp Ltd Class A
SHG:601998
|
$13.76 Billion |
|
Kasikornbank Public Co Ltd
PINK:KPCPY
|
$13.78 Billion |
|
ANTA Sports Products Ltd
PINK:ANPDF
|
$13.79 Billion |
|
GUOTAI JUNAN SEC. H YC1
F:153A
|
$13.80 Billion |
|
Argen-X
LSE:0QW0
|
$13.73 Billion |
|
Jones Lang LaSalle Incorporated
NYSE:JLL
|
$13.70 Billion |
|
Yankuang Energy Group Co Ltd
SHG:600188
|
$13.64 Billion |
|
Carlisle Companies Incorporated
NYSE:CSL
|
$13.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nova Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 927,795,000 to 1,318,248,000, a change of 390,453,000 (42.1%).
- Net income of 259,223,000 contributed positively to equity growth.
- Share repurchases of 35,003,000 reduced equity.
- Other comprehensive income increased equity by 11,852,000.
- Other factors increased equity by 154,381,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $259.22 Million | +19.66% |
| Share Repurchases | $35.00 Million | -2.66% |
| Other Comprehensive Income | $11.85 Million | +0.9% |
| Other Changes | $154.38 Million | +11.71% |
| Total Change | $- | 42.08% |
Book Value vs Market Value Analysis
This analysis compares Nova 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: 11.39x
- 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 571.53x to 11.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $0.80 | $457.80 | x |
| 2000-12-31 | $4.26 | $457.80 | x |
| 2001-12-31 | $3.11 | $457.80 | x |
| 2002-12-31 | $2.39 | $457.80 | x |
| 2003-12-31 | $2.16 | $457.80 | x |
| 2004-12-31 | $2.26 | $457.80 | x |
| 2005-12-31 | $1.52 | $457.80 | x |
| 2006-12-31 | $1.54 | $457.80 | x |
| 2007-12-31 | $1.48 | $457.80 | x |
| 2008-12-31 | $1.15 | $457.80 | x |
| 2009-12-31 | $1.34 | $457.80 | x |
| 2010-12-31 | $2.66 | $457.80 | x |
| 2011-12-31 | $3.71 | $457.80 | x |
| 2012-12-31 | $4.21 | $457.80 | x |
| 2013-12-31 | $4.70 | $457.80 | x |
| 2014-12-31 | $5.16 | $457.80 | x |
| 2015-12-31 | $5.85 | $457.80 | x |
| 2016-12-31 | $6.35 | $457.80 | x |
| 2017-12-31 | $7.95 | $457.80 | x |
| 2018-12-31 | $9.76 | $457.80 | x |
| 2019-12-31 | $11.01 | $457.80 | x |
| 2020-12-31 | $12.83 | $457.80 | x |
| 2021-12-31 | $15.89 | $457.80 | x |
| 2022-12-31 | $18.42 | $457.80 | x |
| 2023-12-31 | $23.40 | $457.80 | x |
| 2024-12-31 | $28.87 | $457.80 | x |
| 2025-12-31 | $40.19 | $457.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nova 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): 19.66%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.44%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.79x
- Recent ROE (19.66%) is above the historical average (2.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -60.84% | -18.26% | 1.33x | 2.51x | $-5.86 Million |
| 2000 | 4.44% | 5.74% | 0.59x | 1.31x | $-3.48 Million |
| 2001 | -35.90% | -79.70% | 0.36x | 1.27x | $-21.57 Million |
| 2002 | -36.32% | -63.61% | 0.42x | 1.37x | $-16.52 Million |
| 2003 | -13.03% | -15.78% | 0.56x | 1.48x | $-7.45 Million |
| 2004 | 4.26% | 3.59% | 0.83x | 1.44x | $-1.98 Million |
| 2005 | -35.89% | -27.91% | 0.71x | 1.81x | $-10.76 Million |
| 2006 | -7.87% | -4.00% | 1.09x | 1.81x | $-4.39 Million |
| 2007 | -14.20% | -6.74% | 1.20x | 1.75x | $-6.68 Million |
| 2008 | -24.26% | -13.91% | 1.09x | 1.60x | $-7.66 Million |
| 2009 | 9.78% | 6.69% | 0.96x | 1.52x | $-60.50K |
| 2010 | 32.43% | 25.60% | 0.93x | 1.37x | $15.34 Million |
| 2011 | 28.14% | 27.34% | 0.84x | 1.23x | $18.13 Million |
| 2012 | 10.31% | 12.30% | 0.68x | 1.24x | $350.90K |
| 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 |
| 2025 | 19.66% | 29.44% | 0.37x | 1.79x | $127.40 Million |
Industry Comparison
This section compares Nova 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: $15,545,560,602
- Average return on equity (ROE) among peers: 11.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nova Ltd (NVMI) | $1.32 Billion | -60.84% | 0.79x | $13.74 Billion |
| Axcelis Technologies Inc (ACLS) | $205.57 Million | -8.55% | 0.37x | $2.64 Billion |
| Acm Research Inc (ACMR) | $2.48 Million | 41.49% | 16.89x | $2.48 Billion |
| Advantest Corporation (ADTTF) | $140.94 Billion | 9.19% | 0.94x | $27.29 Billion |
| Aehr Test Systems (AEHR) | $11.28 Million | -4.26% | 0.28x | $987.69 Million |
| AEM Holdings Ltd. (AEMFF) | $211.43 Million | 46.16% | 0.59x | $164.30 Million |
| AIXTRON SE (AIXXF) | $910.07 Million | 9.37% | 0.14x | $996.24 Million |
| Applied Materials Inc (AMAT) | $254.40 Million | 20.24% | 0.71x | $276.13 Billion |
| Ambarella Inc (AMBA) | $561.41 Million | -20.86% | 0.23x | $2.20 Billion |
| Amkor Technology Inc (AMKR) | $4.00 Billion | 9.01% | 0.69x | $5.71 Billion |
| ASML Holding NV (ASMLF) | $8.37 Billion | 16.95% | 0.56x | $267.08 Billion |