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Nova Ltd. (NVMI) Press Release

Corporate Events

Neutral

Nova Ltd., Annual General Meeting, Jun 23, 2022

2022-05-19 20:15:00

Nova Ltd., Annual General Meeting, Jun 23, 2022, at 10:00 US Eastern Standard Time. Location: 5 David Fikes St Rehovot 7632805 Rehovot Israel ...

Neutral

Nova Ltd. Provides Earnings Guidance for the Se...

2022-05-12 11:30:00

Nova Ltd. provided earnings guidance for the second quarter ending June 30, 2022. for the quarter, the company expects revenue in the range of...

Neutral

Nova Ltd. Presents at FCMN 2022, Jun-20-2022

2022-05-03 00:00:00

Nova Ltd. Presents at FCMN 2022, Jun-20-2022 . Venue: Monterey, California, United States. Speakers: Sang Hyun Han, VP Strategic Marketing.

Neutral

Nova Ltd., Q1 2022 Earnings Call, May 12, 2022

2022-04-14 12:00:00

Nova Ltd., Q1 2022 Earnings Call, May 12, 2022

Neutral

Nova Ltd. to Report Q1, 2022 Results on May 12, 2022

2022-04-14 12:00:00

Nova Ltd. announced that they will report Q1, 2022 results Pre-Market on May 12, 2022

Neutral

Nova Ltd. Presents at International Conference ...

2022-03-01 15:25:00

Nova Ltd. Presents at International Conference on Frontiers of Characterization and Metrology for Nanoelectronics, Jun-20-2022 . Venue: Monter...

Neutral

Nova Ltd. Presents at SEMICON China 2022, Jun-15-2022

2022-03-01 14:05:00

Nova Ltd. Presents at SEMICON China 2022, Jun-15-2022 . Venue: National Exhibition and Convention Center, nearby Hongqiao Airport, Shanghai, C...

Neutral

Tranche Update on Nova Ltd. (NasdaqGS:NVMI)'s E...

2022-03-01 07:01:00

From October 1, 2021 to December 31, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has co...

Neutral

Nova Ltd. Presents at SPIE, Apr-24-2022

2022-02-27 06:29:00

Nova Ltd. Presents at SPIE, Apr-24-2022 . Venue: San Jose, California, United States.

Neutral

SPIE, SPIE, Apr 24, 2022 through Apr 28, 2022

2022-02-24 02:01:00

SPIE, SPIE, Apr 24, 2022 through Apr 28, 2022. Venue: San Jose, California, United States.

Neutral

Nova Announces Ancosys Chemical Metrology Solut...

2022-02-09 13:00:00

Nova announced that ancosys' chemical-metrology solution was recently selected by an additional front-end wafer fabrication customer. To date,...

Neutral

SEMI, SEMICON China 2022, Jun 15, 2022 through ...

2022-01-19 09:11:00

SEMI, SEMICON China 2022, Jun 15, 2022 through Jun 17, 2022. Venue: National Exhibition and Convention Center, nearby Hongqiao Airport, Shangh...

Neutral

Nova Ltd., SEMICOM Korea, Feb 09, 2022 through ...

2022-01-12 12:18:00

Nova Ltd., SEMICOM Korea, Feb 09, 2022 through Feb 11, 2022. Venue: COEX, Seoul, South Korea.

Neutral

Nova Ltd., SEMICOM Korea, Feb 09, 2022 through ...

2022-01-12 12:18:00

Nova Ltd., SEMICOM Korea, Feb 09, 2022 through Feb 11, 2022. Venue: COEX, Seoul, South Korea.

Neutral

Nova Ltd. Presents at SEMICOM Korea, Feb-09-2022

2022-01-12 12:18:00

Nova Ltd. Presents at SEMICOM Korea, Feb-09-2022 . Venue: COEX, Seoul, South Korea. Speakers: Join Roy Shtainman, VP Product Marketing.

Neutral

SEMI, SEMICON Taiwan- Metrology forum, Dec 28, ...

2021-12-16 08:22:00

SEMI, SEMICON Taiwan- Metrology forum, Dec 28, 2021 through Dec 30, 2021.

Neutral

Nova Ltd. Presents at SEMICON Taiwan- Metrology...

2021-12-16 08:22:00

Nova Ltd. Presents at SEMICON Taiwan- Metrology forum, Dec-28-2021 . Speakers: Daniel Fishman, Product Manager.

Neutral

Nova Ltd. Presents at 2021 IEEE International E...

2021-12-10 04:47:00

Nova Ltd. Presents at 2021 IEEE International Electron Devices Meeting, Dec-13-2021 . Venue: San Francisco, California, United States.

Neutral

Nova Ltd. Presents at SEMICON Japan 2021, Dec-15-2021

2021-12-10 04:47:00

Nova Ltd. Presents at SEMICON Japan 2021, Dec-15-2021 . Venue: Tokyo Big Sight, Tokyo, Japan.

Positive

Nova Introduces Revolutionary Inline SIMS Solution

2021-12-08 12:00:00

Nova announced the launch of Nova METRION®, the latest addition to its materials metrology portfolio, targeting the process control of 3D logi...

Neutral

Nova Ltd. Presents at Benchmark Company Virtual...

2021-11-16 16:47:00

Nova Ltd. Presents at Benchmark Company Virtual Technology Conference, Nov-17-2021 .

Positive

Nova Ltd. entered into an agreement to acquire ...

2021-11-16 00:00:00

Nova Ltd. entered into an agreement to acquire Ancosys Gmbh for $100 million on November 16, 2021. Under the terms, Transaction will be on cas...

Neutral

National Institute of Standards and Technology,...

2021-11-05 01:08:00

National Institute of Standards and Technology, International Conference on Frontiers of Characterization and Metrology for Nanoelectronics, J...

Neutral

Nova Ltd. Provides Earnings Guidance for the Year 2021

2021-11-04 12:30:00

Nova Ltd. announced looking at 2021 as a whole, as Eitan mentioned, the company is on way to a record year with more than $400 million in annu...

Neutral

Nova Ltd. Provides Earnings Guidance for the Fo...

2021-11-04 11:30:00

Nova Ltd. provided earnings guidance for the fourth quarter ending December 31, 2021. Based on current estimates, management expects: $113 mil...

Neutral

The Benchmark Company, LLC., Benchmark Company ...

2021-10-21 17:00:00

The Benchmark Company, LLC., Benchmark Company Virtual Technology Conference, Nov 17, 2021.

Neutral

Nova Ltd., Q3 2021 Earnings Call, Nov 04, 2021

2021-10-14 11:00:00

Nova Ltd., Q3 2021 Earnings Call, Nov 04, 2021

Neutral

Nova Ltd. to Report Q3, 2021 Results on Nov 04, 2021

2021-10-14 11:00:00

Nova Ltd. announced that they will report Q3, 2021 results Pre-Market on Nov 04, 2021

Neutral

Global Logic Manufacturer Selects Nova's Latest...

2021-10-12 11:00:00

Nova Ltd. announced that a leading multinational logic manufacturer recently selected the Nova VERAFLEX IV for its next-generation IC developm...

Neutral

Nova Expands Adoption of ELIPSON for Advanced M...

2021-09-30 11:01:00

Nova announced that a leading global integrated circuits (IC) manufacturer recently ordered an additional ELIPSON platform for high-volume man...

Neutral

Tranche Update on Nova Ltd. (NasdaqGS:NVMI)'s E...

2021-09-30 00:00:00

From July 1, 2021 to August 31, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has complet...

Neutral

Nova Ltd. Announces Nova PRISM Selected by Addi...

2021-09-13 11:00:00

Nova announced that another top integrated circuits (IC) manufacturer recently selected the Nova PRISM platform for its 3D NAND advanced nodes...

Neutral

Nova Ltd. Presents at Citi 2021 Global Technolo...

2021-09-03 00:00:00

Nova Ltd. Presents at Citi 2021 Global Technology Virtual Conference, Sep-14-2021 09:40 AM. Speakers: Dror David, Chief Financial Officer.

Neutral

ASM International Inc, International Symposium ...

2021-09-01 06:17:00

ASM International Inc, International Symposium for Testing and Failure Analysis (ISTFA), Oct 31, 2021 through Nov 04, 2021. Venue: Phoenix, Ar...

Neutral

Nova Ltd. Presents at International Symposium f...

2021-09-01 06:17:00

Nova Ltd. Presents at International Symposium for Testing and Failure Analysis (ISTFA), Oct-31-2021 . Venue: Phoenix, Arizona, United States.

Neutral

SEMI, Strategic Materials Conference, Sep 27, 2...

2021-08-27 14:17:00

SEMI, Strategic Materials Conference, Sep 27, 2021 through Sep 29, 2021. Venue: DoubleTree by Hilton, San Jose,, 2050 Gateway Place,, San Jose...

Neutral

Nova Ltd. Presents at Strategic Materials Confe...

2021-08-27 13:16:00

Nova Ltd. Presents at Strategic Materials Conference, Sep-27-2021 . Venue: DoubleTree by Hilton, San Jose, 2050 Gateway Place, San Jose, Calif...

Neutral

Nova Ltd. Presents at Lake Street Capital Marke...

2021-08-25 12:45:00

Nova Ltd. Presents at Lake Street Capital Markets 5th Annual Best Ideas Growth Conference, Sep-14-2021 .

Neutral

Nova Ltd. Presents at Jefferies 2021 Virtual Se...

2021-08-11 09:46:00

Nova Ltd. Presents at Jefferies 2021 Virtual Semiconductor, IT Hardware and Communications Infrastructure Summit, Aug-31-2021 . Speakers: Dror...

Neutral

Nova Ltd. Presents at Needham Virtual 2nd Annua...

2021-08-11 09:46:00

Nova Ltd. Presents at Needham Virtual 2nd Annual SemiCap and EDA Conference, Aug-24-2021 . Speakers: Dror David, Chief Financial Officer.

Negative

Nova Ltd. Appoints Sarit Sagiv to its Board of ...

2021-08-09 11:00:00

Nova Ltd. announced the appointment of Sarit Sagiv to its Board of Directors effective immediately. Ms. Sagiv is a seasoned executive, who ser...

Neutral

Nova Ltd. Provides Earnings Guidance for the Th...

2021-08-05 11:30:00

Nova Ltd. provided earnings guidance for the third quarter ending September 30, 2021. For the quarter, the company expects revenue to be in th...

Neutral

Lake Street Capital Markets, LLC, Lake Street C...

2021-07-30 21:59:00

Lake Street Capital Markets, LLC, Lake Street Capital Markets 5th Annual Best Ideas Growth Conference, Sep 14, 2021 through Sep 15, 2021.

Neutral

Nova Measuring Instruments Ltd. to Report Q2, 2...

2021-07-15 11:00:00

Nova Measuring Instruments Ltd. announced that they will report Q2, 2021 results Pre-Market on Aug 05, 2021

Neutral

Nova Measuring Instruments Ltd., Q2 2021 Earnin...

2021-07-15 11:00:00

Nova Measuring Instruments Ltd., Q2 2021 Earnings Call, Aug 05, 2021

Neutral

Tranche Update on Nova Ltd. (NasdaqGS:NVMI)'s E...

2021-06-30 00:00:00

From April 1, 2021 to June 30, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has complete...

Neutral

Nova Ltd., Annual General Meeting, Jun 23, 2022

2022-05-19 20:15:00

Nova Ltd., Annual General Meeting, Jun 23, 2022, at 10:00 US Eastern Standard Time. Location: 5 David Fikes St Rehovot 7632805 Rehovot Israel Agenda: To consider Approval of the re-election of each of Dr. Michael Brunstein, Mr. Eitan Oppenhaim, Mr. Avi Cohen, Mr. Raanan Cohen, Ms. Dafna Gruber and Ms. Zehava Simon and the election of Ms. Sarit Sagiv, as a director of the Company to hold office until the close of the next annual general meeting; to consider Approval of the Company's compensation policy for directors and officers; to discuss Approval of employment terms of Mr. Eitan Oppenhaim, the President and Chief Executive Officer of the Company; and to discuss Approval of amendments to the compensation terms of non-executive directors.

Neutral

Nova Ltd. Provides Earnings Guidance for the Second Quarter Ending June 30, 2022

2022-05-12 11:30:00

Nova Ltd. provided earnings guidance for the second quarter ending June 30, 2022. for the quarter, the company expects revenue in the range of $133 million to $141 million in revenue, GAAP diluted EPS in the range of $0.82 to $0.96.

Neutral

Nova Ltd. Presents at FCMN 2022, Jun-20-2022

2022-05-03 00:00:00

Nova Ltd. Presents at FCMN 2022, Jun-20-2022 . Venue: Monterey, California, United States. Speakers: Sang Hyun Han, VP Strategic Marketing.

Neutral

Nova Ltd., Q1 2022 Earnings Call, May 12, 2022

2022-04-14 12:00:00

Nova Ltd., Q1 2022 Earnings Call, May 12, 2022

Neutral

Nova Ltd. to Report Q1, 2022 Results on May 12, 2022

2022-04-14 12:00:00

Nova Ltd. announced that they will report Q1, 2022 results Pre-Market on May 12, 2022

Neutral

Nova Ltd. Presents at International Conference on Frontiers of Characterization and Metrology for Nanoelectronics, Jun-20-2022

2022-03-01 15:25:00

Nova Ltd. Presents at International Conference on Frontiers of Characterization and Metrology for Nanoelectronics, Jun-20-2022 . Venue: Monterey, California, United States. Speakers: Sang Hyun Han, VP Strategic Marketing.

Neutral

Nova Ltd. Presents at SEMICON China 2022, Jun-15-2022

2022-03-01 14:05:00

Nova Ltd. Presents at SEMICON China 2022, Jun-15-2022 . Venue: National Exhibition and Convention Center, nearby Hongqiao Airport, Shanghai, China. Speakers: Michael Shifrin, Product Marketing Director.

Neutral

Tranche Update on Nova Ltd. (NasdaqGS:NVMI)'s Equity Buyback Plan announced on November 1, 2018.

2022-03-01 07:01:00

From October 1, 2021 to December 31, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 556,603 shares, representing 1.99% for $14.51 million under the buyback announced on November 1, 2018.

Neutral

Nova Ltd. Presents at SPIE, Apr-24-2022

2022-02-27 06:29:00

Nova Ltd. Presents at SPIE, Apr-24-2022 . Venue: San Jose, California, United States.

Neutral

SPIE, SPIE, Apr 24, 2022 through Apr 28, 2022

2022-02-24 02:01:00

SPIE, SPIE, Apr 24, 2022 through Apr 28, 2022. Venue: San Jose, California, United States.

Neutral

Nova Announces Ancosys Chemical Metrology Solution Select by Additional Front-End Customer

2022-02-09 13:00:00

Nova announced that ancosys' chemical-metrology solution was recently selected by an additional front-end wafer fabrication customer. To date, ancosys' ancolyzer® has been selected by five leading front-end wafer manufacturers, including a foundry. The newest selection of ancosys' chemical metrology solutions by leading customers indicates the significant growth in ancosys' front-end business. This growth attests to the growing importance of chemical metrology in IC manufacturing and the strong position ancosys already holds with these customers at the back-end of the process. This recent selection, as the ones that preceded it, is the result of a highly flexible analytical solution that combines unique application configuration, adaptability to customer needs, and meeting strict standards of accuracy and repeatability. The ancolyzer® front-end platform provides industry-standard chemical metrology in copper applications, performed during the electroplating process for Dual Damascene. The solution enables the analysis of copper components and advanced control of electroplating processes.

Neutral

SEMI, SEMICON China 2022, Jun 15, 2022 through Jun 17, 2022

2022-01-19 09:11:00

SEMI, SEMICON China 2022, Jun 15, 2022 through Jun 17, 2022. Venue: National Exhibition and Convention Center, nearby Hongqiao Airport, Shanghai, China.

Neutral

Nova Ltd., SEMICOM Korea, Feb 09, 2022 through Feb 11, 2022

2022-01-12 12:18:00

Nova Ltd., SEMICOM Korea, Feb 09, 2022 through Feb 11, 2022. Venue: COEX, Seoul, South Korea.

Neutral

Nova Ltd., SEMICOM Korea, Feb 09, 2022 through Feb 11, 2022

2022-01-12 12:18:00

Nova Ltd., SEMICOM Korea, Feb 09, 2022 through Feb 11, 2022. Venue: COEX, Seoul, South Korea.

Neutral

Nova Ltd. Presents at SEMICOM Korea, Feb-09-2022

2022-01-12 12:18:00

Nova Ltd. Presents at SEMICOM Korea, Feb-09-2022 . Venue: COEX, Seoul, South Korea. Speakers: Join Roy Shtainman, VP Product Marketing.

Neutral

SEMI, SEMICON Taiwan- Metrology forum, Dec 28, 2021 through Dec 30, 2021

2021-12-16 08:22:00

SEMI, SEMICON Taiwan- Metrology forum, Dec 28, 2021 through Dec 30, 2021.

Neutral

Nova Ltd. Presents at SEMICON Taiwan- Metrology forum, Dec-28-2021

2021-12-16 08:22:00

Nova Ltd. Presents at SEMICON Taiwan- Metrology forum, Dec-28-2021 . Speakers: Daniel Fishman, Product Manager.

Neutral

Nova Ltd. Presents at 2021 IEEE International Electron Devices Meeting, Dec-13-2021

2021-12-10 04:47:00

Nova Ltd. Presents at 2021 IEEE International Electron Devices Meeting, Dec-13-2021 . Venue: San Francisco, California, United States.

Neutral

Nova Ltd. Presents at SEMICON Japan 2021, Dec-15-2021

2021-12-10 04:47:00

Nova Ltd. Presents at SEMICON Japan 2021, Dec-15-2021 . Venue: Tokyo Big Sight, Tokyo, Japan.

Positive

Nova Introduces Revolutionary Inline SIMS Solution

2021-12-08 12:00:00

Nova announced the launch of Nova METRION®, the latest addition to its materials metrology portfolio, targeting the process control of 3D logic and memory semiconductor devices. The newly introduced technology enables advanced materials profile measurements by bringing secondary ion mass spectrometry (SIMS) into semiconductor production lines. Following multiple tool installations, Nova is expected to recognize revenues from this product in the fourth quarter of 2021. As the industry increases its reliance on materials engineering to improve performance and scale, there is a greater need to monitor and control advanced materials with accurate repeatability and high precision. Traditionally, SIMS has been used to generate depth profiles of materials composition, exclusively limited to a laboratory environment. With Nova METRION® customers can incorporate SIMS into inline fabrication nodes, advancing materials process control capabilities that previously weren't available for high-volume manufacturing. Nova's METRION® system is designed from the ground up for high volume manufacturing environment, seamlessly integrating wafer-level analysis into an automated factory workflow and eliminating the need to send wafer coupons to external laboratory. The system comprises a novel detection technology that allows simultaneous acquisition of multiple material species. In combination with advanced ion source and optic components, the system is capable of addressing a wide range of applications. Nova METRION® provides quantitative and actionable results on depth profiling of compositional information with high-depth resolution and precision. This breakthrough technology enables advanced process control of complex and critical multilayer films.

Neutral

Nova Ltd. Presents at Benchmark Company Virtual Technology Conference, Nov-17-2021

2021-11-16 16:47:00

Nova Ltd. Presents at Benchmark Company Virtual Technology Conference, Nov-17-2021 .

Positive

Nova Ltd. entered into an agreement to acquire Ancosys Gmbh for $100 million.

2021-11-16 00:00:00

Nova Ltd. entered into an agreement to acquire Ancosys Gmbh for $100 million on November 16, 2021. Under the terms, Transaction will be on cash basis including the $10 million performance based earnout. The acquisition is subject to customary closing and regulatory conditions and approvals and is expected to close within the first quarter of 2022. The Company expects the acquisition to be accretive on a non-GAAP basis within 12 months of closing.

Neutral

National Institute of Standards and Technology, International Conference on Frontiers of Characterization and Metrology for Nanoelectronics, Jun 20, 2022 through Jun 23, 2022

2021-11-05 01:08:00

National Institute of Standards and Technology, International Conference on Frontiers of Characterization and Metrology for Nanoelectronics, Jun 20, 2022 through Jun 23, 2022. Venue: Monterey, California, United States.

Neutral

Nova Ltd. Provides Earnings Guidance for the Year 2021

2021-11-04 12:30:00

Nova Ltd. announced looking at 2021 as a whole, as Eitan mentioned, the company is on way to a record year with more than $400 million in annual revenues, reflecting more than 50% growth year-over-year. Also, the company expects to conclude 2021 with operating margins of around 30%, slightly higher than the company target model of 26% to 29%.

Neutral

Nova Ltd. Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2021

2021-11-04 11:30:00

Nova Ltd. provided earnings guidance for the fourth quarter ending December 31, 2021. Based on current estimates, management expects: $113 million to $123 million in revenue and $0.78 to $0.96 in diluted GAAP EPS.

Neutral

The Benchmark Company, LLC., Benchmark Company Virtual Technology Conference, Nov 17, 2021

2021-10-21 17:00:00

The Benchmark Company, LLC., Benchmark Company Virtual Technology Conference, Nov 17, 2021.

Neutral

Nova Ltd., Q3 2021 Earnings Call, Nov 04, 2021

2021-10-14 11:00:00

Nova Ltd., Q3 2021 Earnings Call, Nov 04, 2021

Neutral

Nova Ltd. to Report Q3, 2021 Results on Nov 04, 2021

2021-10-14 11:00:00

Nova Ltd. announced that they will report Q3, 2021 results Pre-Market on Nov 04, 2021

Neutral

Global Logic Manufacturer Selects Nova's Latest Materials Metrology Platform

2021-10-12 11:00:00

Nova Ltd. announced that a leading multinational logic manufacturer recently selected the Nova VERAFLEX IV for its next-generation IC development. The Company expects that global growth in the manufacturer's production capacity and the transition to advanced nodes will spur worldwide implementation of Nova's materials metrology platform. Nova VERAFLEX IV, the industry standard for non-destructive X-ray photoelectron spectroscopy, was selected due to its unique value in materials and thin-film measurements for advanced process control. The unique combination of proprietary hardware and advanced software enables Nova VERAFLEX® IV to measure the most complex 3D logic devices, which combine new architectures with new innovative materials compositions. Designed to address the challenging metrology requirements, precise sub-angstrom thickness and composition measurements can now be resolved inline and closer to the process.

Neutral

Nova Expands Adoption of ELIPSON for Advanced Memory Devices

2021-09-30 11:01:00

Nova announced that a leading global integrated circuits (IC) manufacturer recently ordered an additional ELIPSON platform for high-volume manufacturing of advanced memory devices. Nova’s ELIPSON platform is already being utilized through the R&D stages and following its successful contribution to device development, the leading manufacturer has decided to implement the solution in its production lines. The platform was chosen due to its ability to utilize advanced Raman Spectroscopy technology to extract material properties of complex in-die structures by fast and non-destructive means. Nova’s ELIPSON solution was evaluated by now by numerous IC manufacturers in different segments and proved successfully its ability to solve a wide range of materials applications, including key applications in DRAM, Logic and NAND.

Neutral

Tranche Update on Nova Ltd. (NasdaqGS:NVMI)'s Equity Buyback Plan announced on November 1, 2018.

2021-09-30 00:00:00

From July 1, 2021 to August 31, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 556,603 shares, representing 1.99% for $14.51 million under the buyback announced on November 1, 2018.

Neutral

Nova Ltd. Announces Nova PRISM Selected by Additional Leading Global Manufacturer

2021-09-13 11:00:00

Nova announced that another top integrated circuits (IC) manufacturer recently selected the Nova PRISM platform for its 3D NAND advanced nodes. The Nova PRISM was chosen following an extensive evaluation period due to its superior metrology performance in critical applications, enabled by the platform’s spectral interferometry (SI) technology. The SI technology was proven to add an entirely new dimension of spectral information not accessible by the current traditional optical CD methods. The unique combination of proprietary hardware and advanced software enables Nova PRISM to measure in die complex 3D NAND high aspect ratio structures, which are critical to the performance and yield of such devices while uniquely separating the complex layers.

Neutral

Nova Ltd. Presents at Citi 2021 Global Technology Virtual Conference, Sep-14-2021 09:40 AM

2021-09-03 00:00:00

Nova Ltd. Presents at Citi 2021 Global Technology Virtual Conference, Sep-14-2021 09:40 AM. Speakers: Dror David, Chief Financial Officer.

Neutral

ASM International Inc, International Symposium for Testing and Failure Analysis (ISTFA), Oct 31, 2021 through Nov 04, 2021

2021-09-01 06:17:00

ASM International Inc, International Symposium for Testing and Failure Analysis (ISTFA), Oct 31, 2021 through Nov 04, 2021. Venue: Phoenix, Arizona, United States.

Neutral

Nova Ltd. Presents at International Symposium for Testing and Failure Analysis (ISTFA), Oct-31-2021

2021-09-01 06:17:00

Nova Ltd. Presents at International Symposium for Testing and Failure Analysis (ISTFA), Oct-31-2021 . Venue: Phoenix, Arizona, United States.

Neutral

SEMI, Strategic Materials Conference, Sep 27, 2021 through Sep 29, 2021

2021-08-27 14:17:00

SEMI, Strategic Materials Conference, Sep 27, 2021 through Sep 29, 2021. Venue: DoubleTree by Hilton, San Jose,, 2050 Gateway Place,, San Jose, California, United States.

Neutral

Nova Ltd. Presents at Strategic Materials Conference, Sep-27-2021

2021-08-27 13:16:00

Nova Ltd. Presents at Strategic Materials Conference, Sep-27-2021 . Venue: DoubleTree by Hilton, San Jose, 2050 Gateway Place, San Jose, California, United States.

Neutral

Nova Ltd. Presents at Lake Street Capital Markets 5th Annual Best Ideas Growth Conference, Sep-14-2021

2021-08-25 12:45:00

Nova Ltd. Presents at Lake Street Capital Markets 5th Annual Best Ideas Growth Conference, Sep-14-2021 .

Neutral

Nova Ltd. Presents at Jefferies 2021 Virtual Semiconductor, IT Hardware and Communications Infrastructure Summit, Aug-31-2021

2021-08-11 09:46:00

Nova Ltd. Presents at Jefferies 2021 Virtual Semiconductor, IT Hardware and Communications Infrastructure Summit, Aug-31-2021 . Speakers: Dror David, Chief Financial Officer.

Neutral

Nova Ltd. Presents at Needham Virtual 2nd Annual SemiCap and EDA Conference, Aug-24-2021

2021-08-11 09:46:00

Nova Ltd. Presents at Needham Virtual 2nd Annual SemiCap and EDA Conference, Aug-24-2021 . Speakers: Dror David, Chief Financial Officer.

Negative

Nova Ltd. Appoints Sarit Sagiv to its Board of Directors

2021-08-09 11:00:00

Nova Ltd. announced the appointment of Sarit Sagiv to its Board of Directors effective immediately. Ms. Sagiv is a seasoned executive, who served for four years as General Manager of the Global Business division at Amdocs, leading the teams for Alliances, Channels and Partnerships. Prior to this role, Ms. Sagiv served as the Chief Financial Officer of Nice Ltd. with responsibility for the finance, legal, operations and IT areas, as well as the Chief Financial Officer of Retalix Ltd. playing a key role in the transaction with NCR.

Neutral

Nova Ltd. Provides Earnings Guidance for the Third Quarter Ending September 30, 2021

2021-08-05 11:30:00

Nova Ltd. provided earnings guidance for the third quarter ending September 30, 2021. For the quarter, the company expects revenue to be in the range of $99 million to $106 million. Diluted GAAP EPS to be in the range of $0.71 to $0.84.

Neutral

Lake Street Capital Markets, LLC, Lake Street Capital Markets 5th Annual Best Ideas Growth Conference, Sep 14, 2021 through Sep 15, 2021

2021-07-30 21:59:00

Lake Street Capital Markets, LLC, Lake Street Capital Markets 5th Annual Best Ideas Growth Conference, Sep 14, 2021 through Sep 15, 2021.

Neutral

Nova Measuring Instruments Ltd. to Report Q2, 2021 Results on Aug 05, 2021

2021-07-15 11:00:00

Nova Measuring Instruments Ltd. announced that they will report Q2, 2021 results Pre-Market on Aug 05, 2021

Neutral

Nova Measuring Instruments Ltd., Q2 2021 Earnings Call, Aug 05, 2021

2021-07-15 11:00:00

Nova Measuring Instruments Ltd., Q2 2021 Earnings Call, Aug 05, 2021

Neutral

Tranche Update on Nova Ltd. (NasdaqGS:NVMI)'s Equity Buyback Plan announced on November 1, 2018.

2021-06-30 00:00:00

From April 1, 2021 to June 30, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 556,603 shares, representing 1.99% for $14.51 million under the buyback announced on November 1, 2018.

Fundamental Summary

Nova published its Q1 report on 2022-05-12 with positive results, but no significant factors particularly remarkable relative to its peers. It is highly likely that it will be mostly tethered to market performance and sector movements for the near term. We therefore gave Nova a total score of 64 out of 100 and a HOLD recommendation.

Nova announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 97.746 million compared to USD 62.586 million a year ago. Operating income was USD 27.209 million compared to USD 10.315 million a year ago. Net income was USD 22.924 million compared to USD 8.672 million a year ago. Basic earnings per share from continuing operations was USD 0.81 compared to USD 0.31 a year ago. Diluted earnings per share from continuing operations was USD 0.77 compared to USD 0.3 a year ago. For the half year, total revenue was USD 181.879 million compared to USD 123.608 million a year ago. Operating income was USD 46.967 million compared to USD 23.196 million a year ago. Net income was USD 40.540 million compared to USD 20.354 million a year ago. Basic earnings per share from continuing operations was USD 1.43 compared to USD 0.73 a year ago. Diluted earnings per share from continuing operations was USD 1.37 compared to USD 0.7 a year ago.

Business Description

Nova designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Its 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, including lithography, etch, chemical mechanical planarization, deposition, electrochemical plating, and advanced packaging. The company serves various sectors of the integrated circuit manufacturing industry, including logic, foundries, and memory manufacturers, as well as process equipment manufacturers. Nova was formerly known as Nova Measuring Instruments Ltd. and changed its name to Nova in July 2021. The company was incorporated in 1993 and is headquartered in Rehovot, Israel.

Sector Overview

Nova is included in the Semiconductors & Semiconductor Equipment according to GICS (global industry classification standard). The Semiconductors & Semiconductor Equipment industry is part of the Information Technology sector. It includes manufacturers of semiconductors, semiconductor equipment, and related products. Nova's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 878.9 9.2% 45
Liabilities 383.4 15.7% 86
Price to Book 5.8 -34.4% 82
Cash & Equivalents 105.2 -17.0% 48
Equity 495.5 4.6% 75
EBITDA 147.5 17.1% 89
Total Revenues 465.9 12.0% 41
Parameter Value Change Score
Return on Equity 24.7 12.3% 78
Net Cashflow -103.6 1.9% 58
Capital Expenditure -8.0 -67.1% 39
Asset Turnover 0.6 4.4% 58
Free Cashflow 3.7 -18.5% 53

* All values are TTM

The below chart reflects Nova's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Nova's peer average final assessment score stands on 69.0, Nova's score is 64.

  •  NVMI
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
NVIDIA Corporation 400.2B 71 63 82
Hold
76
76 0 1
Intel Corporation 154.5B 77 76 58
Hold
75
75 1 1
QUALCOMM Incorporated 147.4B 82 66 77
Buy
82
82 2 1
Texas Instruments Incorporated 142.2B 76 74 70
Buy
80
80 3 1
Advanced Micro Devices, Inc. 130.9B 88 59 57
Hold
68
68 4 1
Broadcom Inc. 102.5B 62 71 85
Buy
79
79 5 1
Applied Materials, Inc. 82.7B 60 72 69
Hold
69
69 6 1
Analog Devices, Inc. 77.2B 69 65 84
Hold
78
78 7 1
Micron Technology, Inc. 64.6B 81 74 80
Strong Buy
89
89 8 1
Lam Research Corporation 60.8B 60 74 69
Hold
70
70 9 1
KLA Corporation 49.3B 66 67 74
Hold
72
72 10 1
NXP Semiconductors N.V. 40.5B 64 71 73
Hold
73
73 11 1
Marvell Technology, Inc. 38.5B 60 64 65
Hold
62
62 12 1
Microchip Technology Incorporated 33.0B 79 71 79
Buy
85
85 13 1
GLOBALFOUNDRIES Inc. 23.9B 78 70 63
Hold
75
75 14 1
ON Semiconductor Corporation 22.9B 81 73 70
Buy
82
82 15 1
Monolithic Power Systems, Inc. 18.5B 84 66 77
Buy
83
83 16 1
Skyworks Solutions, Inc. 15.5B 62 70 71
Hold
70
70 17 1
SolarEdge Technologies, Inc. 15.5B 81 53 43
Underperform
53
53 18 1
Teradyne, Inc. 15.3B 52 75 68
Hold
66
66 19 1
Entegris, Inc. 14.1B 70 69 65
Hold
70
70 20 1
Qorvo, Inc. 10.2B 67 72 73
Hold
75
75 21 1
First Solar, Inc. 7.2B 59 73 53
Underperform
60
60 22 1
Lattice Semiconductor Corporation 6.8B 68 71 77
Hold
78
78 23 1
MKS Instruments, Inc. 5.8B 70 74 59
Hold
70
70 24 1
Silicon Laboratories Inc. 5.3B 72 70 86
Buy
84
84 25 1
Universal Display Corporation 5.2B 75 68 71
Hold
76
76 26 1
CMC Materials, Inc. 5.1B 81 76 74
Strong Buy
87
87 27 1
Tower Semiconductor Ltd. 5.1B 65 79 68
Buy
79
79 28 1
Synaptics Incorporated 4.9B 81 68 66
Hold
76
76 29 1
Power Integrations, Inc. 4.4B 61 80 82
Buy
82
82 30 1
Amkor Technology, Inc. 4.2B 75 70 60
Hold
71
71 31 1
Cirrus Logic, Inc. 4.1B 86 67 90
Strong Buy
92
92 32 1
Allegro MicroSystems, Inc. 4.0B 74 61 56
Hold
62
62 33 1
Semtech Corporation 3.5B 67 75 77
Buy
80
80 34 1
MACOM Technology Solutions Holdings, Inc. 3.3B 70 76 68
Hold
77
77 35 1
FormFactor, Inc. 3.1B 84 80 67
Strong Buy
87
87 36 1
Diodes Incorporated 3.0B 62 76 72
Hold
75
75 37 1
SunPower Corporation 3.0B 61 49 74
Underperform
56
56 38 1
Silicon Motion Technology Corporation 2.8B 54 72 61
Hold
65
65 39 1
MaxLinear, Inc. 2.7B 76 75 88
Strong Buy
91
91 40 1
Ambarella, Inc. 2.6B 64 72 79
Hold
77
77 41 1
Kulicke and Soffa Industries, Inc. 2.6B 58 79 82
Buy
80
80 42 1
Rambus Inc. 2.4B 48 64 89
Hold
69
69 43 1
Canadian Solar Inc. 2.0B 59 72 71
Hold
71
71 44 1
Axcelis Technologies, Inc. 1.9B 81 67 82
Buy
85
85 45 1
Credo Technology Group Holding Ltd 1.7B 88 60 53
Hold
67
67 46 1
Himax Technologies, Inc. 1.6B 77 70 66
Buy
79
79 47 1
Impinj, Inc. 1.4B 72 59 65
Hold
65
65 48 1
Ultra Clean Holdings, Inc. 1.4B 63 63 61
Hold
60
60 49 1
Cohu, Inc. 1.3B 58 75 59
Hold
64
64 50 1
Photronics, Inc. 1.2B 69 71 82
Buy
81
81 51 1
SMART Global Holdings, Inc. 1.0B 86 65 62
Hold
75
75 52 1
Veeco Instruments Inc. 1.0B 58 76 71
Hold
72
72 53 1
Alpha and Omega Semiconductor Limited 929.5M 77 69 54
Hold
68
68 54 1
PDF Solutions, Inc. 808.6M 63 71 89
Buy
82
82 55 1
CEVA, Inc. 778.5M 73 71 71
Hold
77
77 56 1
Ichor Holdings, Ltd. 754.1M 60 67 58
Underperform
59
59 57 1
Maxeon Solar Technologies, Ltd. 575.9M 53 49 84
Hold
60
60 58 1
Enphase Energy, Inc. 25.7B 58 57 60
Underperform
52
52 59 1
Wolfspeed, Inc. 8.2B 74 69 55
Hold
66
66 60 1
Daqo New Energy Corp. 5.0B 93 65 89
Strong Buy
95
95 61 1
SiTime Corporation 3.6B 59 64 62
Underperform
59
59 62 1
Onto Innovation Inc. 3.6B 78 67 85
Buy
85
85 63 1
JinkoSolar Holding Co., Ltd. 3.2B 89 62 74
Buy
81
81 64 1
Camtek Ltd. 1.1B 66 68 71
Hold
74
74 65 1
ACM Research, Inc. 917.6M 52 67 50
Underperform
50
50 66 1
NeoPhotonics Corporation 838.5M 66 69 71
Hold
72
72 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 72 70 68
Hold
71
71 68 1
indie Semiconductor, Inc. 720.1M 44 43 85
Underperform
49
49 69 1
Magnachip Semiconductor Corporation 667.1M 74 90 57
Buy
82
82 70 1
Mykrolis Corp. 657.1M 72 67 75
Hold
76
76 71 1
Navitas Semiconductor Corporation 533.1M 67 53 90
Hold
72
72 72 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 56 66 73
Hold
62
62 73 1
Rigetti Computing, Inc. 413.5M 98 72 58
Buy
84
84 74 1
Meta Materials Inc. 396.9M 42 43 84
Underperform
47
47 75 1
Helix Technology Corporation 364.9M 65 74 61
Hold
68
68 76 1
Valens Semiconductor Ltd. 357.2M 75 65 66
Hold
75
75 77 1
Rockley Photonics Holdings Limited 305.7M 42 79 60
Underperform
59
59 78 1
CyberOptics Corporation 272.8M 75 71 72
Hold
78
78 79 1
Transphorm, Inc. 255.8M 45 68 88
Hold
69
69 80 1

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Nova's stock is now priced below its 5-day, 50-day, and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a negative setup in the near, medium, and long-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Nova's stock doesn't strongly signal being overbought or oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 37.

Bearish 37
Close Price 92.93
52W Low 89.83
52W High 147.12
5D MA 94.45
50D MA 99.52
200D MA 112.27
MACD -2.3
RSI 61.1
STOCH 18.45

Balance Sheet Analysis

Two main balance sheet metrics are driving the positive outlook for Nova's financial strength going forward. In terms of liabilities, Nova published good numbers. Their reported liabilities were 383.4, representing a 15.7% change from the previous report. This performance is all interesting relative to their peers and suggests that their stock price has room to grow to reflect a higher intrinsic value. The company's liabilities movement component, therefore, received a grade of 86. Also, Nova publishes impressive results related to book value factors in this report. Specifically, price to book ratio (P/B) now sits at 5.8 and represents a -34.4% change from the previous report. The company's book value factor metrics are even more remarkable when compared to their peers. Therefore, its book value factors earned a score of 82. That said, one metric, Assets, stood out as strongly negative. Nova assets metrics were reported as 878.9, representing a 9.2% change from the last filing. This unimpressive metric is weaker than its peers and competitors. Therefore, their asset component earned a score of 45. Therefore, we scored its balance sheet a 61.

Parameter Value Change Score
Assets 878.9 9.2% 45
Liabilities 383.4 15.7% 86
Price to Book 5.8 -34.4% 82
Cash & Equivalents 105.2 -17.0% 48
Equity 495.5 4.6% 75
* All values are TTM

The below chart describes Nova's performance as reflected on its balance sheet with respect to its peers. While Nova received a balance sheet score of 61, the average of its peers stands on 71.0.

  •  NVMI
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
NVIDIA Corporation 400.2B 78 70 65 97 54 71 0 1
Intel Corporation 154.5B 65 69 76 90 81 77 1 1
QUALCOMM Incorporated 147.4B 57 71 96 80 80 82 2 1
Texas Instruments Incorporated 142.2B 63 69 87 46 84 76 3 1
Advanced Micro Devices, Inc. 130.9B 93 61 78 96 80 88 4 1
Broadcom Inc. 102.5B 67 79 58 56 55 62 5 1
Applied Materials, Inc. 82.7B 71 72 63 41 55 60 6 1
Analog Devices, Inc. 77.2B 62 80 66 66 66 69 7 1
Micron Technology, Inc. 64.6B 73 69 85 76 74 81 8 1
Lam Research Corporation 60.8B 72 77 58 51 45 60 9 1
KLA Corporation 49.3B 75 62 73 53 66 66 10 1
NXP Semiconductors N.V. 40.5B 71 68 56 62 76 64 11 1
Marvell Technology, Inc. 38.5B 71 84 50 46 51 60 12 1
Microchip Technology Incorporated 33.0B 65 84 76 72 66 79 13 1
GLOBALFOUNDRIES Inc. 23.9B 81 65 74 82 74 78 14 1
ON Semiconductor Corporation 22.9B 74 68 77 89 82 81 15 1
Monolithic Power Systems, Inc. 18.5B 85 64 76 92 80 84 16 1
Skyworks Solutions, Inc. 15.5B 69 77 63 46 52 62 17 1
SolarEdge Technologies, Inc. 15.5B 77 62 78 96 85 81 18 1
Teradyne, Inc. 15.3B 49 81 62 45 47 52 19 1
Entegris, Inc. 14.1B 62 70 75 55 78 70 20 1
Qorvo, Inc. 10.2B 64 83 64 67 55 67 21 1
First Solar, Inc. 7.2B 76 70 50 58 58 59 22 1
Lattice Semiconductor Corporation 6.8B 53 79 78 60 64 68 23 1
MKS Instruments, Inc. 5.8B 60 73 73 76 72 70 24 1
Silicon Laboratories Inc. 5.3B 89 81 59 45 48 72 25 1
Universal Display Corporation 5.2B 57 76 83 85 69 75 26 1
CMC Materials, Inc. 5.1B 65 78 73 87 82 81 27 1
Tower Semiconductor Ltd. 5.1B 68 72 69 61 58 65 28 1
Synaptics Incorporated 4.9B 71 71 79 92 76 81 29 1
Power Integrations, Inc. 4.4B 56 82 58 79 53 61 30 1
Amkor Technology, Inc. 4.2B 70 68 75 74 77 75 31 1
Cirrus Logic, Inc. 4.1B 73 76 81 96 73 86 32 1
Allegro MicroSystems, Inc. 4.0B 68 69 74 81 76 74 33 1
Semtech Corporation 3.5B 58 79 68 67 64 67 34 1
MACOM Technology Solutions Holdings, Inc. 3.3B 65 75 74 38 74 70 35 1
FormFactor, Inc. 3.1B 72 70 84 82 80 84 36 1
Diodes Incorporated 3.0B 47 78 71 51 71 62 37 1
SunPower Corporation 3.0B 72 81 42 83 54 61 38 1
Silicon Motion Technology Corporation 2.8B 40 85 60 40 48 54 39 1
MaxLinear, Inc. 2.7B 68 71 75 85 74 76 40 1
Ambarella, Inc. 2.6B 46 75 74 86 65 64 41 1
Kulicke and Soffa Industries, Inc. 2.6B 46 83 60 76 56 58 42 1
Rambus Inc. 2.4B 43 83 41 95 54 48 43 1
Canadian Solar Inc. 2.0B 91 54 59 62 62 59 44 1
Axcelis Technologies, Inc. 1.9B 76 68 84 71 73 81 45 1
Credo Technology Group Holding Ltd 1.7B 94 61 78 79 86 88 46 1
Himax Technologies, Inc. 1.6B 78 55 91 85 95 77 47 1
Impinj, Inc. 1.4B 63 68 79 39 92 72 48 1
Ultra Clean Holdings, Inc. 1.4B 56 78 69 48 67 63 49 1
Cohu, Inc. 1.3B 53 82 57 59 58 58 50 1
Photronics, Inc. 1.2B 53 85 66 76 66 69 51 1
SMART Global Holdings, Inc. 1.0B 89 63 75 95 82 86 52 1
Veeco Instruments Inc. 1.0B 84 71 41 78 47 58 53 1
Alpha and Omega Semiconductor Limited 929.5M 89 63 68 87 67 77 54 1
PDF Solutions, Inc. 808.6M 54 81 63 90 51 63 55 1
CEVA, Inc. 778.5M 81 74 60 87 60 73 56 1
Ichor Holdings, Ltd. 754.1M 59 76 66 38 63 60 57 1
Maxeon Solar Technologies, Ltd. 575.9M 87 68 40 78 38 53 58 1
Enphase Energy, Inc. 25.7B 89 60 39 97 56 58 59 1
Wolfspeed, Inc. 8.2B 96 63 59 97 55 74 60 1
Daqo New Energy Corp. 5.0B 91 62 81 95 93 93 61 1
SiTime Corporation 3.6B 57 67 66 73 64 59 62 1
Onto Innovation Inc. 3.6B 83 70 67 72 73 78 63 1
JinkoSolar Holding Co., Ltd. 3.2B 86 62 77 94 94 89 64 1
Camtek Ltd. 1.1B 63 61 82 37 90 66 65 1
ACM Research, Inc. 917.6M 87 57 51 43 50 52 66 1
NeoPhotonics Corporation 838.5M 89 66 49 72 64 66 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 60 93 47 85 74 72 68 1
indie Semiconductor, Inc. 720.1M 48 54 72 56 55 44 69 1
Magnachip Semiconductor Corporation 667.1M 56 78 79 72 72 74 70 1
Mykrolis Corp. 657.1M 77 53 73 92 79 72 71 1
Navitas Semiconductor Corporation 533.1M 37 80 80 62 79 67 72 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 60 71 61 60 69 56 73 1
Rigetti Computing, Inc. 413.5M 93 62 85 99 98 98 74 1
Meta Materials Inc. 396.9M 51 78 42 41 51 42 75 1
Helix Technology Corporation 364.9M 65 78 79 85 52 65 76 1
Valens Semiconductor Ltd. 357.2M 92 70 66 45 72 75 77 1
Rockley Photonics Holdings Limited 305.7M 49 82 40 37 52 42 78 1
CyberOptics Corporation 272.8M 71 66 72 64 86 75 79 1
Transphorm, Inc. 255.8M 41 86 39 47 54 45 80 1

Income Statement Analysis

EBITDA and Return Factors stand out as the most significant drivers of Nova's income statement's strength. Nova reported impressive EBITDA this period. At filing, EBITDA was reported as 147.5, representing 17.1% change from the previous period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 17.7%. Its EBITDA metrics highlight an impressive overall financial performance, which is expected to continue moving forward. Consequently, their EBITDA movement received a grade of 89. Also, Return factors metrics and ratios were exceptional in this report. Nova reported a return on equity (ROE) ratio of 24.7, representing a change of 12.3% from the last report. The company appears headed in the right direction in terms of these return factors, exhibiting prudent capital expenditure growth compared to its peers. Therefore, its return factors component earned a score of 78. On the other hand, Revenue Efficiency, jumped out as looking rather underwhelming. Nova management did an underwhelming job managing revenue efficiency this past period. Nova's revenue efficiency is 465.9 according to the metrics in the current filing, which represents a 12.0% change from the previous report. This metric might have a 15.7 percent impact on companies in the same industry and with the same market capitalization. Their revenue efficiency, specifically in contrast to their industry peers', isn't encouraging. As a result, their revenue efficiency earned a score of 41. Therefore, it received a score of 69.

Parameter Value Change Score
EBITDA 147.5 17.1% 89
Total Revenues 465.9 12.0% 41
Return on Equity 24.7 12.3% 78
* All values are TTM

The below chart describes Nova's performance as reflected on its income statement with respect to its peers. While Nova received a income statement score of 69 , the average of its peers stands on 66.0.

  •  NVMI
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
NVIDIA Corporation 400.2B 46 83 67 63 0 1
Intel Corporation 154.5B 90 55 74 76 1 1
QUALCOMM Incorporated 147.4B 48 87 78 66 2 1
Texas Instruments Incorporated 142.2B 69 78 70 74 3 1
Advanced Micro Devices, Inc. 130.9B 40 89 38 59 4 1
Broadcom Inc. 102.5B 59 80 90 71 5 1
Applied Materials, Inc. 82.7B 72 68 73 72 6 1
Analog Devices, Inc. 77.2B 40 91 92 65 7 1
Micron Technology, Inc. 64.6B 59 87 90 74 8 1
Lam Research Corporation 60.8B 80 64 75 74 9 1
KLA Corporation 49.3B 56 77 76 67 10 1
NXP Semiconductors N.V. 40.5B 59 79 90 71 11 1
Marvell Technology, Inc. 38.5B 41 89 87 64 12 1
Microchip Technology Incorporated 33.0B 57 83 92 71 13 1
GLOBALFOUNDRIES Inc. 23.9B 50 92 86 70 14 1
ON Semiconductor Corporation 22.9B 53 92 94 73 15 1
Monolithic Power Systems, Inc. 18.5B 45 90 83 66 16 1
Skyworks Solutions, Inc. 15.5B 69 71 63 70 17 1
SolarEdge Technologies, Inc. 15.5B 41 70 48 53 18 1
Teradyne, Inc. 15.3B 88 57 62 75 19 1
Entegris, Inc. 14.1B 56 80 80 69 20 1
Qorvo, Inc. 10.2B 76 65 63 72 21 1
First Solar, Inc. 7.2B 98 43 40 73 22 1
Lattice Semiconductor Corporation 6.8B 54 88 89 71 23 1
MKS Instruments, Inc. 5.8B 78 67 65 74 24 1
Silicon Laboratories Inc. 5.3B 44 96 98 70 25 1
Universal Display Corporation 5.2B 71 64 61 68 26 1
CMC Materials, Inc. 5.1B 72 75 93 76 27 1
Tower Semiconductor Ltd. 5.1B 63 87 82 79 28 1
Synaptics Incorporated 4.9B 45 91 90 68 29 1
Power Integrations, Inc. 4.4B 80 76 82 80 30 1
Amkor Technology, Inc. 4.2B 63 76 77 70 31 1
Cirrus Logic, Inc. 4.1B 42 92 93 67 32 1
Allegro MicroSystems, Inc. 4.0B 68 48 69 61 33 1
Semtech Corporation 3.5B 64 84 87 75 34 1
MACOM Technology Solutions Holdings, Inc. 3.3B 74 77 72 76 35 1
FormFactor, Inc. 3.1B 79 76 83 80 36 1
Diodes Incorporated 3.0B 66 83 86 76 37 1
SunPower Corporation 3.0B 49 43 74 49 38 1
Silicon Motion Technology Corporation 2.8B 54 83 78 72 39 1
MaxLinear, Inc. 2.7B 56 92 96 75 40 1
Ambarella, Inc. 2.6B 56 89 79 72 41 1
Kulicke and Soffa Industries, Inc. 2.6B 73 82 85 79 42 1
Rambus Inc. 2.4B 48 86 60 64 43 1
Canadian Solar Inc. 2.0B 73 76 53 72 44 1
Axcelis Technologies, Inc. 1.9B 44 91 91 67 45 1
Credo Technology Group Holding Ltd 1.7B 38 88 61 60 46 1
Himax Technologies, Inc. 1.6B 53 84 66 70 47 1
Impinj, Inc. 1.4B 64 53 51 59 48 1
Ultra Clean Holdings, Inc. 1.4B 53 73 71 63 49 1
Cohu, Inc. 1.3B 92 53 49 75 50 1
Photronics, Inc. 1.2B 55 86 92 71 51 1
SMART Global Holdings, Inc. 1.0B 48 87 66 65 52 1
Veeco Instruments Inc. 1.0B 66 84 91 76 53 1
Alpha and Omega Semiconductor Limited 929.5M 62 75 76 69 54 1
PDF Solutions, Inc. 808.6M 49 95 88 71 55 1
CEVA, Inc. 778.5M 51 90 97 71 56 1
Ichor Holdings, Ltd. 754.1M 72 60 54 67 57 1
Maxeon Solar Technologies, Ltd. 575.9M 50 49 60 49 58 1
Enphase Energy, Inc. 25.7B 45 74 55 57 59 1
Wolfspeed, Inc. 8.2B 49 90 86 69 60 1
Daqo New Energy Corp. 5.0B 37 95 94 65 61 1
SiTime Corporation 3.6B 40 93 78 64 62 1
Onto Innovation Inc. 3.6B 47 87 89 67 63 1
JinkoSolar Holding Co., Ltd. 3.2B 38 89 82 62 64 1
Camtek Ltd. 1.1B 50 81 71 68 65 1
ACM Research, Inc. 917.6M 88 43 42 67 66 1
NeoPhotonics Corporation 838.5M 45 95 90 69 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 90 59 63 70 68 1
indie Semiconductor, Inc. 720.1M 37 46 71 43 69 1
Magnachip Semiconductor Corporation 667.1M 94 80 88 90 70 1
Mykrolis Corp. 657.1M 68 68 58 67 71 1
Navitas Semiconductor Corporation 533.1M 56 44 74 53 72 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 87 49 76 66 73 1
Rigetti Computing, Inc. 413.5M 92 43 69 72 74 1
Meta Materials Inc. 396.9M 37 45 72 43 75 1
Helix Technology Corporation 364.9M 89 47 50 74 76 1
Valens Semiconductor Ltd. 357.2M 41 86 65 65 77 1
Rockley Photonics Holdings Limited 305.7M 97 50 85 79 78 1
CyberOptics Corporation 272.8M 54 86 87 71 79 1
Transphorm, Inc. 255.8M 37 81 97 68 80 1

Cash Flow Analysis

Nova's most recent cash flow report has several troubling numbers, specifically Capital Expenditure and Free Cash flow. Nova's management did not a remarkable job this period managing capital expenditures (CapEx). In terms of the raw numbers, CapEx was reported as -8.0, which represents a -67.1% change from the last period. This performance is all the more uninspiring relative to their peers and competitors. Therefore, their CapEx movement component earned a score of 39. Also, Free cash flow numbers published by Nova were 3.7, which was a -18.5% change from the previous filing. Companies in the same sector and market capitalization will usually be affected by up to 4.8 percent by this parameter. Their free cash flow situation is more concerning relative to their peers and competitors. Disappointing results in free cash flow often lead to negative pressure in stock prices, so we rated their free cash flow with a score of 53. That said, one metric, Net Cash Flow, stood out as strongly positive. Nova's strong net cash flow numbers, which were -103.6 in this filing, showed a 1.9% change from the last period. The company is headed in the right direction regarding business priorities, exhibiting prudent net cash flow management and growth. The company's net cash flow, therefore, received a grade of 58. Therefore, the company's cash flow earned a grade of 54.

Parameter Value Change Score
Net Cashflow -103.6 1.9% 58
Capital Expenditure -8.0 -67.1% 39
Asset Turnover 0.6 4.4% 58
Free Cashflow 3.7 -18.5% 53
* All values are TTM

The below chart describes Nova's performance as reflected on its cash flow with respect to its peers. While Nova received a cash flow score of 54, the average of its peers stands on 68.0.

  •  NVMI
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
NVIDIA Corporation 400.2B 93 65 61 86 82 0 1
Intel Corporation 154.5B 58 72 68 53 58 1 1
QUALCOMM Incorporated 147.4B 65 65 70 87 77 2 1
Texas Instruments Incorporated 142.2B 74 74 63 69 70 3 1
Advanced Micro Devices, Inc. 130.9B 93 66 69 37 57 4 1
Broadcom Inc. 102.5B 75 76 87 89 85 5 1
Applied Materials, Inc. 82.7B 75 59 69 72 69 6 1
Analog Devices, Inc. 77.2B 78 76 51 94 84 7 1
Micron Technology, Inc. 64.6B 81 85 81 74 80 8 1
Lam Research Corporation 60.8B 72 60 56 75 69 9 1
KLA Corporation 49.3B 70 76 52 79 74 10 1
NXP Semiconductors N.V. 40.5B 59 72 51 85 73 11 1
Marvell Technology, Inc. 38.5B 94 84 58 46 65 12 1
Microchip Technology Incorporated 33.0B 80 79 48 84 79 13 1
GLOBALFOUNDRIES Inc. 23.9B 54 86 45 64 63 14 1
ON Semiconductor Corporation 22.9B 60 79 55 74 70 15 1
Monolithic Power Systems, Inc. 18.5B 84 78 59 74 77 16 1
Skyworks Solutions, Inc. 15.5B 78 57 79 73 71 17 1
SolarEdge Technologies, Inc. 15.5B 46 38 55 52 43 18 1
Teradyne, Inc. 15.3B 75 65 66 68 68 19 1
Entegris, Inc. 14.1B 61 57 50 76 65 20 1
Qorvo, Inc. 10.2B 78 65 87 71 73 21 1
First Solar, Inc. 7.2B 47 85 56 46 53 22 1
Lattice Semiconductor Corporation 6.8B 79 77 43 82 77 23 1
MKS Instruments, Inc. 5.8B 58 58 92 56 59 24 1
Silicon Laboratories Inc. 5.3B 71 89 81 87 86 25 1
Universal Display Corporation 5.2B 75 81 68 65 71 26 1
CMC Materials, Inc. 5.1B 72 66 68 80 74 27 1
Tower Semiconductor Ltd. 5.1B 76 57 55 59 68 28 1
Synaptics Incorporated 4.9B 85 62 98 55 66 29 1
Power Integrations, Inc. 4.4B 88 77 64 82 82 30 1
Amkor Technology, Inc. 4.2B 46 57 62 71 60 31 1
Cirrus Logic, Inc. 4.1B 83 98 61 90 90 32 1
Allegro MicroSystems, Inc. 4.0B 56 56 77 56 56 33 1
Semtech Corporation 3.5B 79 78 58 79 77 34 1
MACOM Technology Solutions Holdings, Inc. 3.3B 46 78 54 78 68 35 1
FormFactor, Inc. 3.1B 78 81 66 58 67 36 1
Diodes Incorporated 3.0B 77 61 52 80 72 37 1
SunPower Corporation 3.0B 84 41 39 93 74 38 1
Silicon Motion Technology Corporation 2.8B 63 53 46 85 61 39 1
MaxLinear, Inc. 2.7B 90 92 80 81 88 40 1
Ambarella, Inc. 2.6B 84 95 45 75 79 41 1
Kulicke and Soffa Industries, Inc. 2.6B 93 81 83 74 82 42 1
Rambus Inc. 2.4B 96 73 89 88 89 43 1
Canadian Solar Inc. 2.0B 69 70 74 66 71 44 1
Axcelis Technologies, Inc. 1.9B 81 77 68 84 82 45 1
Credo Technology Group Holding Ltd 1.7B 60 85 37 43 53 46 1
Himax Technologies, Inc. 1.6B 66 77 48 77 66 47 1
Impinj, Inc. 1.4B 70 38 85 73 65 48 1
Ultra Clean Holdings, Inc. 1.4B 68 41 41 76 61 49 1
Cohu, Inc. 1.3B 92 62 71 44 59 50 1
Photronics, Inc. 1.2B 65 92 96 79 82 51 1
SMART Global Holdings, Inc. 1.0B 48 85 95 53 62 52 1
Veeco Instruments Inc. 1.0B 74 82 48 69 71 53 1
Alpha and Omega Semiconductor Limited 929.5M 49 64 45 60 54 54 1
PDF Solutions, Inc. 808.6M 81 98 45 92 89 55 1
CEVA, Inc. 778.5M 57 54 84 83 71 56 1
Ichor Holdings, Ltd. 754.1M 51 37 87 70 58 57 1
Maxeon Solar Technologies, Ltd. 575.9M 87 90 59 88 84 58 1
Enphase Energy, Inc. 25.7B 89 77 64 41 60 59 1
Wolfspeed, Inc. 8.2B 57 74 76 46 55 60 1
Daqo New Energy Corp. 5.0B 78 86 63 96 89 61 1
SiTime Corporation 3.6B 83 87 56 44 62 62 1
Onto Innovation Inc. 3.6B 94 65 88 85 85 63 1
JinkoSolar Holding Co., Ltd. 3.2B 68 69 73 78 74 64 1
Camtek Ltd. 1.1B 69 70 74 72 71 65 1
ACM Research, Inc. 917.6M 61 43 50 54 50 66 1
NeoPhotonics Corporation 838.5M 50 63 67 87 71 67 1
Hanwha Q CELLS Co., Ltd. 818.9M 64 63 74 73 68 68 1
indie Semiconductor, Inc. 720.1M 69 80 52 98 85 69 1
Magnachip Semiconductor Corporation 667.1M 65 56 76 54 57 70 1
Mykrolis Corp. 657.1M 65 69 68 82 75 71 1
Navitas Semiconductor Corporation 533.1M 70 87 94 93 90 72 1
ChipMOS TECHNOLOGIES (Bermuda) LTD. 417.9M 66 64 68 94 73 73 1
Rigetti Computing, Inc. 413.5M 48 76 51 60 58 74 1
Meta Materials Inc. 396.9M 85 56 68 97 84 75 1
Helix Technology Corporation 364.9M 75 62 63 56 61 76 1
Valens Semiconductor Ltd. 357.2M 53 89 90 47 66 77 1
Rockley Photonics Holdings Limited 305.7M 79 72 66 47 60 78 1
CyberOptics Corporation 272.8M 49 74 89 77 72 79 1
Transphorm, Inc. 255.8M 81 88 96 95 88 80 1

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