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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 manufacturing process steps, such as lithography, Etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging. It serves various sectors of the integrated circuit manufacturing industry, including logic, foundry, memory, and packaging sectors, as well as process equipment manufacturers. Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. Nova Ltd. was incorporated in 1993 and is headquartered in Rehovot, Israel.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Nova Ltd (NVMI) supplies metrology and process-control equipment for semiconductor manufacturing, with products used to monitor thin-film, etch and deposition processes. Long-term growth may be supported by rising process-node complexity, greater wafer fab capital intensity and demand for advanced process control, and the company appears positioned to benefit from these secular trends.
Major risks include pronounced semiconductor-cycle volatility, reliance on a limited set of large customers, rapid technological change that can erode product competitiveness, and sensitivity to capital-spending and supply-chain disruptions.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 303.29M | 216.29M | 154.70M | 158.41M | 109.25M |
| Net income | 259.22M | 183.76M | 136.31M | 140.21M | 93.10M |
| Selling general administrative | 26.13M | 24.20M | 20.40M | 23.85M | 17.32M |
| Selling and marketing expenses | 82.21M | 65.09M | 52.47M | 52.12M | 39.34M |
| Gross profit | 507.46M | 387.09M | 293.18M | 322.40M | 237.36M |
| Reconciled depreciation | 22.37M | 17.38M | 15.94M | 14.65M | 8.93M |
| Ebit | 255.73M | 217.90M | 156.21M | 149.93M | 112.39M |
| Ebitda | 278.09M | 235.28M | 172.41M | 164.59M | 121.32M |
| Depreciation and amortization | 22.37M | 17.38M | 16.20M | 14.65M | 8.93M |
| Operating income | 253.47M | 187.54M | 132.26M | 149.93M | 112.39M |
| Other operating expenses | 627.11M | 484.86M | 385.66M | 420.80M | 303.73M |
| Interest expense | 2.32M | 1.61M | 1.51M | 1.28M | 4.23M |
| Tax provision | 44.06M | 32.52M | 18.50M | 18.20M | 16.15M |
| Interest income | 45.67M | 34.55M | 15.31M | 6.48M | 2.19M |
| Net interest income | 42.38M | 32.93M | 13.84M | 8.48M | -3.13M |
| Income tax expense | 44.06M | 32.52M | 18.39M | 18.20M | 16.15M |
| Total revenue | 880.58M | 672.40M | 517.92M | 570.73M | 416.11M |
| Total operating expenses | 253.99M | 199.55M | 160.91M | 172.47M | 124.97M |
| Cost of revenue | 373.12M | 285.31M | 224.75M | 248.33M | 178.75M |
| Total other income expense net | 49.82M | 28.75M | 22.44M | 8.48M | -3.13M |
| Net income from continuing ops | 259.22M | 183.76M | 134.34M | 140.21M | 93.10M |
| Net income applicable to common shares | - | - | - | 140.21M | 93.10M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 2360.55M | 1390.42M | 1133.81M | 984.11M | 805.15M |
| Intangible assets | 45.82M | 31.46M | 39.18M | 43.59M | 2.60M |
| Other current assets | 26.69M | 18.68M | 17.08M | 13.53M | 9.24M |
| Total liab | 1042.30M | 462.63M | 383.06M | 397.14M | 331.40M |
| Total stockholder equity | 1318.25M | 927.79M | 750.75M | 586.96M | 473.75M |
| Other current liab | 102.19M | 68.03M | 41.29M | 54.83M | 48.88M |
| Common stock | 1318.25M | - | - | - | 473.75M |
| Capital stock | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Retained earnings | 1057.37M | 798.14M | 614.38M | 478.07M | 334.72M |
| Other liab | - | - | - | 22.98M | 10.02M |
| Good will | 90.81M | 48.32M | 50.08M | 49.01M | 20.11M |
| Other assets | - | - | - | 23.85M | 9.75M |
| Cash | 214.46M | 157.78M | 107.57M | 111.12M | 126.70M |
| Total current liabilities | 224.53M | 388.23M | 322.81M | 134.07M | 287.93M |
| Current deferred revenue | 67.16M | 72.89M | 41.98M | 30.54M | 15.34M |
| Net debt | 643.96M | 78.32M | 136.57M | 134.94M | 94.24M |
| Short term debt | 8.20M | 187.73M | 204.38M | 5.97M | 187.49M |
| Short long term debt | - | 180.56M | 197.68M | - | 183.04M |
| Short long term debt total | 858.43M | 236.10M | 244.14M | 246.06M | 220.94M |
| Other stockholder equity | 254.33M | 134.95M | 139.69M | 121.40M | 139.85M |
| Property plant equipment | - | - | - | 100.77M | 65.09M |
| Total current assets | 1410.80M | 901.95M | 710.22M | 612.95M | 566.52M |
| Long term investments | 584.73M | 225.82M | 191.35M | 153.94M | 141.09M |
| Net tangible assets | - | - | - | 494.37M | 451.04M |
| Short term investments | 834.05M | 428.79M | 336.11M | 262.38M | 283.46M |
| Net receivables | 151.93M | 140.10M | 111.26M | 109.32M | 68.45M |
| Long term debt | 731.68M | - | - | 196.39M | - |
| Inventory | 183.67M | 156.60M | 138.20M | 116.60M | 78.67M |
| Accounts payable | 46.98M | 59.58M | 35.16M | 42.73M | 36.22M |
| Accumulated other comprehensive income | 6.55M | -5.30M | -3.33M | -12.51M | -0.81M |
| Non currrent assets other | 29.21M | 10.46M | 4.41M | 3.75M | 3.59M |
| Non current assets total | 949.74M | 488.47M | 423.59M | 371.16M | 238.64M |
| Capital lease obligations | 67.47M | 55.53M | 46.47M | 49.66M | 37.90M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -753.12M | -136.40M | -128.47M | -100.26M | -233.69M |
| Change to liabilities | - | - | - | 6.64M | 19.33M |
| Total cashflows from investing activities | -837.17M | -136.40M | -125.33M | -100.26M | -238.50M |
| Net borrowings | 730.44M | -18.51M | 0.00M | - | - |
| Total cash from financing activities | 642.21M | -48.35M | 0.01M | -29.81M | 0.01M |
| Change to operating activities | - | - | - | -5.15M | 18.81M |
| Net income | 259.22M | 183.76M | 136.31M | 140.21M | 93.10M |
| Change in cash | 57.00M | 50.20M | -4.15M | -14.98M | -105.61M |
| Begin period cash flow | 157.78M | 107.57M | 111.72M | 126.70M | 232.30M |
| End period cash flow | 214.78M | 157.78M | 107.57M | 111.72M | 126.70M |
| Total cash from operating activities | 245.61M | 235.27M | 123.53M | 119.54M | 132.26M |
| Depreciation | 24.36M | 17.38M | 16.20M | 14.65M | 8.93M |
| Other cashflows from investing activities | -753.12M | - | -29.66M | - | - |
| Change to inventory | -19.00M | -23.90M | -26.00M | -29.31M | -18.46M |
| Change to account receivables | -7.02M | -29.05M | -1.18M | -31.63M | -5.13M |
| Sale purchase of stock | -35.00M | -30.00M | -0.11M | -21.42M | 0.00M |
| Other cashflows from financing activities | -72.78M | - | 0.12M | -8.39M | 0.01M |
| Change to netincome | - | - | - | 22.84M | 11.45M |
| Capital expenditures | 27.70M | 17.21M | 17.19M | 21.31M | 4.82M |
| Change in working capital | -39.87M | 11.79M | -47.30M | -45.71M | 17.54M |
| Stock based compensation | 26.29M | 25.21M | 18.29M | 16.65M | 10.49M |
| Other non cash items | -24.39M | -2.87M | 6.28M | 7.47M | 5.19M |
| Free cash flow | 217.91M | 218.05M | 106.34M | 98.22M | 127.45M |
Sector: Technology Industry: Semiconductor Equipment & Materials
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| NVMI Nova Ltd |
-4.67 1.37% |
335.95 | 41.68 | 23.58 | 11.37 | 7.26 | 11.11 | 35.27 |
| ASML ASML Holding N.V. New York Registry Shares |
-14.12 0.92% |
1520.30 | 48.54 | 41.49 | 17.21 | 23.21 | 14.06 | 36.48 |
| ASMLF ASML Holding NV |
-19.87 1.29% |
1523.00 | 48.31 | 41.32 | 16.88 | 23.07 | 14.07 | 36.51 |
| AMAT Applied Materials Inc |
-11.68 2.96% |
383.40 | 40.44 | 36.23 | 11.09 | 14.41 | 11.04 | 30.52 |
| TOELF Tokyo Electron Ltd. |
-1.05 1.76% |
58.50 | 38.96 | 29.50 | 0.06 | 10.52 | 9.30 | 32.18 |
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 manufacturing process steps, such as lithography, Etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging. It serves various sectors of the integrated circuit manufacturing industry, including logic, foundry, memory, and packaging sectors, as well as process equipment manufacturers. Nova Ltd. was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova Ltd. in July 2021. Nova Ltd. was incorporated in 1993 and is headquartered in Rehovot, Israel.
| Name | Title | Year Born |
|---|---|---|
| Mr. Eitan Oppenhaim | Pres, CEO & Director | 1966 |
| Mr. Dror David | Chief Financial Officer | 1969 |
| Mr. Gabi Sharon | Chief Operating Officer | 1962 |
| Dr. Shay Wolfling | Chief Technology Officer | 1972 |
| Mr. Gabriel Waisman | Chief Bus. Officer | 1971 |
| Mr. Zohar Gil | Chief Marketing Officer | 1967 |
| Mr. C. Thomas Larson | VP of Corp. Devel. | NA |
| Ms. Sharon Dayan | Chief HR Officer | 1973 |
| Mr. Adrian S. Wilson | Pres of Nova Measuring Instruments, Inc & GM of Material Metrology Division | 1972 |
| Mr. Eitan Oppenhaim | Executive Chairman of the Board | 1966 |
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