NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data.
infoNVE is a small cap stock with a total market cap of 397.60M.
infoThey trade on the NASDAQ and had their IPO 28 years and 3 months ago.
infoNVE currently employs 51 people.
infoAs of Wednesday, Aug 23 2023, NVE’s share price is $82.26.
News Relating to NVE
Seeking Alpha
Buy NVE Corporation: Bargain Growth Valuation Won’t Last
Saturday Aug 19 2023 at 04:23
NVE Corporation is a small semiconductor company with patented technologies for miniature-sized, low-energy, durable sensors and MRAM memory products. The company’s stock quote has risen nicely over the last 14 months, but remains undervalued with strong profit margins and returns on capital. If the company continues to grow at its current rate, the stock price could potentially double to $150 a share in the next 12-18 months.
GlobeNewsWire
NVE Schedules Conference Call on First-Quarter Results
Wednesday Jul 12 2023 at 16:05
EDEN PRAIRIE, Minn., July 12, 2023 (GLOBE NEWSWIRE) — NVE Corporation (Nasdaq: NVEC) announced that it plans to release its financial results for the quarter ended June 30, 2023, on Wednesday, July 19, 2023, after the close of the Nasdaq Regular Market. The company will hold its quarterly conference call later that day at 4:00 p.m. Central Time.
Seeking Alpha
NVE Corp.: Strong Momentum Builds A Buy Case
Sunday Jun 18 2023 at 22:30
NVE Corporation is a solid investment in the spintronics market, with strong growth potential and a 91% YoY increase in revenue. NVEC has a stable balance sheet, with a negative net debt and a total liabilities/cash ratio of 1.3, allowing for potential debt to fuel research and development. Despite risks such as competition and supply-demand issues, NVEC’s current valuation and strong growth make it a buy for investors seeking exposure to the rapidly growing market.
MarketBeat
Will Fed Rate-Hike Pause Lead To Small-Cap Outperformance?
Wednesday May 24 2023 at 07:18
Domestic small caps, as tracked by the iShares Russell 2000 ETF NYSEARCA: IWM have significantly underperformed larger stocks in the past three months. You can easily compare performance of that ETF versus the large-cap SPDR S&P 500 ETF Trust NYSEARCA: SPY.
GlobeNewsWire
NVE Schedules Conference Call on Fourth-Quarter and Fiscal Year Results
Monday Apr 24 2023 at 16:42
EDEN PRAIRIE, Minn., April 24, 2023 (GLOBE NEWSWIRE) — NVE Corporation (Nasdaq: NVEC) announced that it plans to release its financial results for the quarter and fiscal year ended March 31, 2023 on Wednesday, May 3, 2023 after the close of the Nasdaq Regular Market. The company will hold its quarterly conference call later that day at 4:00 p.m. Central Time.
Seeking Alpha
NVE Corporation (NVEC) Q3 2023 Earnings Call Transcript
Wednesday Jan 25 2023 at 19:40
NVEC Corporation (NASDAQ:NVEC ) Q3 2023 Results Conference Call January 25, 2023 5:00 PM ET Company Participants Daniel Baker – President and Chief Executive Officer Joseph Schmitz – Chief Financial Officer Conference Call Participants Jeffrey Bernstein – Cowen Alex Woodward – Bridge City Capital Jeffrey Bernstein – Cowen Walter Morris – Baraboo Growth Operator Good day, and thank you for standing by. Welcome to NVE conference call on third quarter results.
GlobeNewsWire
NVE Schedules Conference Call on Third-Quarter Results
Monday Jan 16 2023 at 17:25
EDEN PRAIRIE, Minn., Jan. 16, 2023 (GLOBE NEWSWIRE) — NVE Corporation (Nasdaq: NVEC) announced that it plans to release its financial results for the quarter and nine months ended December 31, 2022 on Wednesday, January 25, 2023 after the close of the Nasdaq Regular Market. The company will hold its quarterly conference call later that day at 4:00 p.m. Central Time.
Seeking Alpha
NVE Corporation: Locking In Profit Never Hurts
Tuesday Nov 29 2022 at 15:15
NVE Corporation has not done all that well for most of 2022, but that seems to have changed in the last few months thanks to the Q2 FY2023 report. The Q2 report suggests NVEC has found a solution for some of the issues that have weighed on the stock, sending the stock soaring higher.
Seeking Alpha
NVE Corporation (NVEC) Q2 2023 Earnings Call Transcript
Wednesday Oct 19 2022 at 18:24
NVE Corporation (NASDAQ:NVEC ) Q2 2023 Earnings Conference Call October 19, 2022 5:00 PM ET Company Participants Dan Baker – President and Chief Executive Officer Joe Schmitz – Chief Financial Officer Conference Call Participants Jeffrey Bernstein – Cowen Irwin Silverberg – Cowen Stanley Kesselman – Maxim Group Operator Good day, and welcome to the NVE Conference Call on Second Quarter Results. At this time, all participants are in a listen-only mode.
GlobeNewsWire
NVE Schedules Conference Call on Second-Quarter Results
Wednesday Oct 12 2022 at 16:05
EDEN PRAIRIE, Minn., Oct. 12, 2022 (GLOBE NEWSWIRE) — NVE Corporation (Nasdaq: NVEC) announced that it plans to release its financial results for the quarter ended September 30, 2022 on Wednesday, October 19, 2022 after the close of the Nasdaq Regular Market. The company will hold its quarterly conference call later that day at 4:00 p.m. Central Time.
Seeking Alpha
NVE Corp.: Low Growth, But Highly Profitable And Has The Cash To Pay Dividends
Friday Sep 09 2022 at 07:13
NVE Corp. uses spintronic technology to make some of the world’s smallest sensors to fit in the tiniest medical or industrial robots. On the other end of the spectrum, its profitability and cash flow metrics are higher than the median for the IT sector.
Seeking Alpha
NVE Corporation (NVEC) CEO Daniel Baker on Q1 2023 Results Earnings Call Transcript
Wednesday Jul 20 2022 at 22:09
NVE Corporation (NASDAQ:NVEC ) Q1 2023 Earnings Conference Call July 20, 2022 5:00 PM ET Company Participants Sue Miller – Senior Accountant Daniel Baker – President and Chief Executive Officer Joseph Schmitz – Chief Financial Officer Conference Call Participants Jeff Bernstein – Cowen Alex Woodward – Bridge City Capital Daniel Baker Thank you and good afternoon. Welcome to our conference call for the quarter ended June 30, 2022.
GlobeNewsWire
NVE Schedules Conference Call on First-Quarter Results
Wednesday Jul 13 2022 at 16:05
EDEN PRAIRIE, Minn., July 13, 2022 (GLOBE NEWSWIRE) — NVE Corporation (Nasdaq: NVEC) announced that it plans to release its financial results for the quarter ended June 30, 2022 on Wednesday, July 20, 2022 after the close of the Nasdaq Regular Market. The company will hold its quarterly conference call later that day at 4:00 p.m. Central Time.
Seeking Alpha
NVE Corporation: There Might Be Light At The End Of The Tunnel
Tuesday Jun 28 2022 at 14:11
NVEC has a number of appealing attributes, but there are also a couple of areas where improvement is sorely needed in the long run. The charts have leaned bearish for quite some time, but there are signs a reversal is underway after the stock encountered long-term support.
Seeking Alpha
Rare 8% Dividend Yield From Growing, Made-In-America Semiconductor Leader: NVE Corp.
Monday Jun 27 2022 at 12:34
NVE Corp. may be throwing off one of the smartest/safest dividend yields (above 8%) available to income investors in June 2022. The kicker is business prospects are strong, with the company seeing higher demand for its domestic production during the pandemic semiconductor shortages of 2021-22.
Seeking Alpha
NVE Corporation (NVEC) CEO Daniel A. Baker on Q4 2022 Results – Earnings Call Transcript
Wednesday May 04 2022 at 20:19
NVE Corporation (NASDAQ:NVEC ) Q4 2022 Earnings Conference Call May 4, 2022 5:00 PM ET Company Participants Daniel A. Baker – President and Chief Executive Officer Joseph R.
Seeking Alpha
NVE Corporation (NVEC) CEO Daniel Baker on Q3 2022 Results – Earnings Call Transcript
Wednesday Jan 19 2022 at 19:27
NVE Corporation (NVEC) CEO Daniel Baker on Q3 2022 Results – Earnings Call Transcript
GlobeNewsWire
NVE Corporation Schedules Conference Call on Third-Quarter Results
Wednesday Jan 12 2022 at 16:05
EDEN PRAIRIE, Minn., Jan. 12, 2022 (GLOBE NEWSWIRE) — NVE Corporation (Nasdaq: NVEC) announced that it plans to release its financial results for the quarter ended December 31, 2021 on Wednesday, January 19, 2022 after the close of the Nasdaq Regular Market. The company will hold its quarterly conference call later that day at 4:00 p.m. Central Time. The quarterly call will be broadcast live over the Internet and can be accessed through the Investor Events page of NVE’s Website (www.nve.com). An archive of the call will also be available. Parties who wish to participate in the call are requested to contact NVE Investor Relations at 952-829-9217 no later than January 17, 2022 to reserve a position for the call and to receive the conference telephone number. NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. The company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. Statements we use that relate to future plans, events, financial results or performance are forward-looking statements that are subject to certain risks and uncertainties including, among others, the risk factors listed from time to time in our filings with the SEC, including our Annual Report on Form 10-K and other reports filed with the SEC.
Seeking Alpha
NVE Corp.: The Only Practical Spintronics Player In Town – 6% Dividend Yield And Plenty Of Growth Optionality – 125% Upside
Wednesday Dec 29 2021 at 07:00
NVE Corp. is a high-quality spintronics player focused on the growth markets in industrial robots and medical devices.
Seeking Alpha
NVE Corporation (NVEC) CEO Daniel Baker on Q2 2022 Results – Earnings Call Transcript
Wednesday Oct 20 2021 at 23:15
NVE Corporation (NVEC) CEO Daniel Baker on Q2 2022 Results – Earnings Call Transcript
Seeking Alpha
The Bottom Fishing Club: NVE Corp. – American Made Semiconductors
Sunday Oct 17 2021 at 09:55
NVE may be on the cusp of better growth, filling the gap caused by overseas chip shortages (after a decade of stagnation in company sales). Highly profitable, domestic manufacturing of sensors/couplers is ready to expand capacity to meet the needs of customers unable to source products from foreign suppliers.
GlobeNewsWire
NVE Corporation Schedules Conference Call on Second-Quarter Results
Monday Oct 11 2021 at 16:05
EDEN PRAIRIE, Minn., Oct. 11, 2021 (GLOBE NEWSWIRE) — NVE Corporation (Nasdaq: NVEC) announced that it plans to release its financial results for the quarter ended September 30, 2021 on Wednesday, October 20, 2021 after the close of the Nasdaq Regular Market. The company will hold its quarterly conference call later that day at 4:00 p.m. Central Time. The quarterly call will be broadcast live over the Internet and can be accessed through the Investor Events page of NVE’s Website (www.nve.com). An archive of the call will also be available. Parties who wish to participate in the call are requested to contact NVE Investor Relations at 952-829-9217 no later than October 18, 2021 to reserve a position for the call and to receive the conference telephone number. NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. The company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. Statements we use that relate to future plans, events, financial results or performance are forward-looking statements that are subject to certain risks and uncertainties including, among others, the risk factors listed from time to time in our filings with the SEC, including our Annual Report on Form 10-K and other reports filed with the SEC.
Seeking Alpha
NVE Corporation’s (NVEC) CEO Daniel Baker on Q1 2022 Results – Earnings Call Transcript
Wednesday Jul 21 2021 at 21:40
NVE Corporation’s (NVEC) CEO Daniel Baker on Q1 2022 Results – Earnings Call Transcript
GlobeNewsWire
NVE Corporation Reports First Quarter Results and Announces Quarterly Dividend
Wednesday Jul 21 2021 at 16:05
EDEN PRAIRIE, Minn, July 21, 2021 (GLOBE NEWSWIRE) — NVE Corporation (Nasdaq: NVEC) announced today financial results for the quarter ended June 30, 2021. Total revenue for the first quarter of fiscal 2022 increased 56% to $7.15 million from $4.59 million in the prior-year quarter. The increase was due to a 60% increase in product sales partially offset by a 14% decrease in contract research and development revenue. Product sales increased to $6.95 million from $4.36 million in the prior-year quarter. Net income for the first quarter of fiscal 2022 increased 48% to $3.58 million, or $0.74 per diluted share, compared to $2.41 million, or $0.50 per share, for the prior-year quarter. The company also announced a quarterly cash dividend to shareholders of $1.00 per share of common stock, payable August 31, 2021 to shareholders of record as of August 2, 2021. “We are pleased to report large increases in product sales, total revenue, and earnings for the quarter as the effects of the COVID-19 pandemic on our revenue subsided,” said NVE President and Chief Executive Officer Daniel A. Baker, Ph.D. NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. The company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. Statements used in this press release that relate to future plans, events, financial results or performance are forward-looking statements that are subject to certain risks and uncertainties including, among others, such factors as risks and uncertainties related to future sales and revenues and risks related to the COVID-19 pandemic, as well as the risk factors listed from time to time in our filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2021 and other reports filed with the SEC.
GlobeNewsWire
NVE Schedules Conference Call on First-Quarter Results
Monday Jul 12 2021 at 16:05
EDEN PRAIRIE, Minn., July 12, 2021 (GLOBE NEWSWIRE) — NVE Corporation (Nasdaq: NVEC) announced that it plans to release its financial results for the quarter ended June 30, 2021 on Wednesday, July 21, 2021 after the close of the Nasdaq Regular Market. The company will hold its quarterly conference call later that day at 4:00 p.m. Central Time. The quarterly call will be broadcast live over the Internet and can be accessed through the Investor Events page of NVE’s Website (www.nve.com). An archive of the call will also be available. Parties who wish to participate in the call are requested to contact NVE Investor Relations at 952-829-9217 no later than July 19, 2021 to reserve a position for the call and to receive the conference telephone number. NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. The company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. Statements we use that relate to future plans, events, financial results or performance are forward-looking statements that are subject to certain risks and uncertainties including, among others, the risk factors listed from time to time in our filings with the SEC, including our Annual Report on Form 10-K and other reports filed with the SEC.
Seeking Alpha
Hear Ye! Hear Ye! NVE Corporation Opens One Market Door
Saturday May 15 2021 at 10:02
NVE Corporation reported fiscal 2021 results on May 5th. Its report highlighted a recently-launched TMR magnetic switch optimally designed for implantable medical devices and wearables. The hearables market is projected to grow to $93.9 billion by 2026. Yet, Forbes proposes this projection only accounts for hardware and neglects the potential of biometrically enhanced hearables.
Seeking Alpha
NVE Corp (NVEC) CEO Daniel Baker on Q4 2021 Results – Earnings Call Transcript
Sunday May 09 2021 at 01:44
NVE Corp (NVEC) CEO Daniel Baker on Q4 2021 Results – Earnings Call Transcript
GlobeNewsWire
NVE Corporation Reports Fourth Quarter and Fiscal Year Results and Announces Quarterly Dividend
Wednesday May 05 2021 at 16:05
EDEN PRAIRIE, Minn., May 05, 2021 (GLOBE NEWSWIRE) — NVE Corporation (Nasdaq: NVEC) announced today financial results for the quarter and fiscal year ended March 31, 2021. Total revenue for the fourth quarter of fiscal 2021 decreased 5% to $5.86 million from $6.15 million for the prior-year quarter. The decrease was due to a 5% decrease in product sales and a 7% decrease in contract research and development revenue. Net income for the fourth quarter of fiscal 2021 decreased 7% to $3.13 million, or $0.65 per diluted share, compared to $3.37 million, or $0.69 per share, for the prior-year quarter. For fiscal 2021, total revenue decreased 16% to $21.4 million from $25.4 million for the prior fiscal year. The decrease was due to a 16% decrease in product sales and an 18% decrease in contract research and development revenue. Net income decreased 19% to $11.7 million, or $2.42 per diluted share, compared to $14.5 million, or $3.00 per share, for fiscal 2020. The company also announced a quarterly cash dividend to shareholders of $1.00 per share of common stock, payable May 31, 2021 to shareholders of record as of May 17, 2021. “We are pleased to report solid earnings for the fourth quarter and fiscal year despite the impact of the COVID-19 pandemic,” said NVE President and Chief Executive Officer Daniel A. Baker, Ph.D. NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. The company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. Statements used in this press release that relate to future plans, events, financial results or performance are forward-looking statements that are subject to certain risks and uncertainties including, among others, such factors as risks and uncertainties related to future sales and revenues and risks related to the COVID-19 pandemic, as well as the risk factors listed from time to time in our filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2021 and other reports filed with the SEC.
GlobeNewsWire
NVE Schedules Conference Call on Fourth-Quarter and Fiscal Year Results
Monday Apr 26 2021 at 16:05
EDEN PRAIRIE, Minn., April 26, 2021 (GLOBE NEWSWIRE) — NVE Corporation (Nasdaq: NVEC) announced that it plans to release its financial results for the quarter and fiscal year ended March 31, 2021 on Wednesday, May 5, 2021 after the close of the Nasdaq Regular Market. The company will hold its quarterly conference call later that day at 4:00 p.m. Central Time. The quarterly call will be broadcast live over the Internet and can be accessed through the Investor Events page of NVE’s Website (www.nve.com). An archive of the call will also be available. Parties who wish to participate in the call are requested to contact NVE Investor Relations at 952-829-9217 no later than May 3, 2021 to reserve a position for the call and to receive the conference telephone number. NVE is a leader in the practical commercialization of spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store and transmit information. The company manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. Statements we use that relate to future plans, events, financial results or performance are forward-looking statements that are subject to certain risks and uncertainties including, among others, the risk factors listed from time to time in our filings with the SEC, including our Annual Report on Form 10-K and other reports filed with the SEC.
Seeking Alpha
It Pays To Wait For NVE Corporation
Sunday Jan 31 2021 at 14:25
It Pays To Wait For NVE Corporation
NVE Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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NVE’s Altman Z-score is 154.95 which is in the safe zone. This indicates the company is financially stable and less likely to experience financial distress or bankruptcy.
Derived from SEC.GOV filing dataopen_in_new
NVE Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 2 insiders have sold $1.92M of common stock in NVE on the stock market with no insider buying.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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NVE’s Income Quality of 0.91 is greater than its Industry Group of 0.78 (16.7% greater)
NVE’s Income Quality of 0.91 is greater than its Major Industry Group of 0.7 (30.0% greater)
NVE’s Income Quality of 0.91 is greater than its Sector of 0.75 (21.3% greater)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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NVE’s Current Ratio of 20.46 is greater than its Industry Group of 2.55 (702.4% greater)
NVE’s Current Ratio of 20.46 is greater than its Major Industry Group of 2.37 (763.3% greater)
NVE’s Current Ratio of 20.46 is greater than its Sector of 2.6 (686.9% greater)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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NVE’s PE Ratio of 17.32 is greater than its Industry Group of 7.02 (146.7% greater)
Cannot compare a negative PE Ratio (17.32 & -0.02)
Cannot compare a negative PE Ratio (17.32 & -0.4)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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NVE’s PB Ratio of 5.97 is greater than its Industry Group of 2.45 (143.7% greater)
NVE’s PB Ratio of 5.97 is greater than its Major Industry Group of 1.76 (239.2% greater)
NVE’s PB Ratio of 5.97 is greater than its Sector of 1.62 (268.5% greater)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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NVE’s ROE of 0.34 is greater than its Industry Group of 0.04 (750.0% greater)
NVE’s ROE of 0.34 is greater than its Major Industry Group of -0.01 (3500.0% greater)
NVE’s ROE of 0.34 is greater than its Sector of -0.03 (1233.3% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
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NVE’s ROCE of 0.39 is greater than its Industry Group of 0.05 (680.0% greater)
Cannot compute a percentage difference when there are zeros in the calculation
NVE’s ROCE of 0.39 is greater than its Sector of -0.04 (1075.0% greater)
Derived from SEC.GOV filing dataopen_in_new