NVE CORP /NEW/ (NVEC)

Semiconductors & Related Devices

Latest Price

$97.71

TTM P/E

26.27

Normalized P/E

27.02

Div Yield

4.09%

Book Value

12.36

P/B Ratio

7.91

Valuation metrics

EPS: $3.14

Book value / share: $12.04

Formula: √(22.5 × EPS × BVPS)

Graham Number

$29.17

70% downside

Norm. op. income: $16M (median of 7yr)

Tax rate: 16%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$31.77

67% downside

Base FCF: $14M (median of recent 5yr)

Growth: -5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$29.51

70% downside

EPS: $3.14

Target P/E: 27×

Formula: EPS × P/E

P/E Fair Value

$84.78

13% downside

91.6% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Defiance ETFs, LLC	635.3K	$67.0M	13.13%	+54.8K	2026-06-30
Penserra Capital Management LLC	635.3K	$66.0M	13.13%	+54.8K	2026-06-30
BlackRock, Inc.	423.6K	$44.0M	8.76%	+52.5K	2026-06-30
STATE STREET CORP	375.0K	$39.0M	7.75%	+192.7K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	215.6K	$22.0M	4.46%	+5.1K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	195.5K	$20.0M	4.04%	+33.5K	2026-06-30
RENAISSANCE TECHNOLOGIES LLC	170.7K	$17.0M	3.53%	-2.9K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	157.1K	$16.0M	3.25%	+11.8K	2026-06-30
Ranger Investment Management, L.P.	121.3K	$12.0M	2.51%	+1.2K	2026-06-30
DIMENSIONAL FUND ADVISORS LP	109.0K	$11.0M	2.25%	+10.4K	2026-06-30