Nova Measuring Instruments Ltd

Israel Country flag Israel
Sector: Semiconductors
Ticker: NVMI
ISIN: IL0010845571
Factsheet Factsheet

Market multiple valuation of Nova Measuring Instruments Ltd ( NVMI | ISR)

The most common multiple used in the valuation of stocks is the P/Earnings NTM multiple (Price to Earnings). P/E relates the current share price with the market expectations in terms of Earnings Per Share. This multiple is used to compare a company's market value with its earnings. A company with a high P/Earnings NTM is considered to be overvalued; a company with a low P/Earnings NTM is considered to be undervalued.
The P/Earnings NTM ratio of Nova Measuring Instruments Ltd is significantly higher than the median of its peer group: around 17.00. The company valuation of Nova Measuring Instruments Ltd according to these metrics is way above the market valuation of its peer group.
The P/Earnings NTM ratio of Nova Measuring Instruments Ltd is significantly higher than the average of its sector (Semiconductors): 16.67. The company valuation of Nova Measuring Instruments Ltd according to these metrics is way above the market valuation of its sector.
The P/Earnings NTM ratio of Nova Measuring Instruments Ltd is significantly higher than its historical 5-year average: 20.7. The (current) company valuation of Nova Measuring Instruments Ltd is therefore way above its valuation average over the last five years.

Valuation
P/E Last P/E (e) 2022P/E NTM
Nova Measuring Instruments LtdFree trialFree trialFree trial
International PeersFree trialFree trialFree trial
Semiconductors22.4016.6616.67
TA125N/AN/AN/A
Israel11.189.018.56
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Beta (Ref: TA125)
Levered betaUnlevered beta
1-Year2.39N/M
2-Year1.071.13
3-Year1.031.10
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Stock Perf excl. Dividends (in USD)
NVMITA125Rel. Perf.
Year-to-Date-18.2%N/AN/A
1-Week-11.3%N/AN/A
1-Month-5.0%N/AN/A
1-Year50.4%N/AN/A
3-Year407.4%N/AN/A
5-Year742.6%N/AN/A
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International Peers - Nova Measuring Instruments Ltd
Company NameCtryMarket
Cap.
last (mUSD)
Nova Measuring Instrume...ISR3 417
International Peers Median1.51
Onto Innovation Inc.USA4 512
KLA Corp.USA58 114
Applied Materials Inc.USA123 637
Tokyo Electron Ltd.JPN78 365
Lasertec Corp.JPN21 147
GPRV Analysis
Nova Measuring Instr...
Intl. Peers
U.S Patents No. 7,882,001 & 8,082,201
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Net Sales Chart
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Quotes Chart

1-Year Rebased Stock Chart

  • Nova Measuring Instruments Ltd
  • TA125
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Did you know ?

On the Infront Analytics platform, there are two ways to identify the listed peers which most closely resemble a private firm:
- with Peer Tracker if you already know a listed peer.
Peer Tracker is a patented technology tool for building peer groups using industry classifications. The degree of similarity between two companies is calculated comparing their sector footprints and measured using comparability scores.
- with Market Screener if you have no listed peer in mind.
Market Screener is a dedicated interface for screening companies using multiple criteria, identifying peers, searching for comparable companies in a specific business sector.

About Market Multiples

Many methods can be used to value a company. In reality, business valuation is often a combination of these different approaches. One of the most widely used quantitative methods is the market multiples method. The market valuation is utilized generally as a primary market input, to provide an objective starting point for the valuation. Put simply, this method multiplies the sales or profits of a business by an industry averaged multiplier to calculate the Market Value of the business.
Current multiples include:
- Historical multiples based on standardized financials for the last completed fiscal period: Last, Last Twelve Months (LTM);
- Forward multiples based on consensus estimates for the current fiscal period and next ones: Next Twelve Months (NTM), FY0, FY1.
Current multiples based on per-share metrics (such as earnings per share or book value per share) are calculated using the last closing price, while current multiples based on company-level metrics (such as net sales, EBIT or EBITDA) are calculated using the current market cap or EV (Enterprise Value).