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NVMI · Nasdaq · United States · Optical Instruments & Lenses
In shortNOVA LTD. is profitable.
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 28.8% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 29.4% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 23.1% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 6.28× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | n/a |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 126.99× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 6.81 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 24.7% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.84× | 68/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 23.4% | 25/100 |
| Operating margin volatility | 1.3% | 97/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 15.6% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | 21.6% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 416 | 571 | 518 | 672 | 881 |
| Cost of revenue | 181 | 254 | 225 | 285 | 375 |
| Gross profit | 235 | 317 | 293 | 387 | 505 |
| Research & development | 66 | 90 | 88 | 110 | 143 |
| Operating income | 112 | 150 | 132 | 188 | 253 |
| Interest expense | 4.2 | 1.3 | 1.3 | 1.3 | 2 |
| Pre-tax income | 109 | 158 | 155 | 216 | 303 |
| Income tax | 16 | 18 | 18 | 33 | 44 |
| Net income | 93 | 140 | 136 | 184 | 259 |
| Diluted EPS | $3.12 | $4.43 | $4.28 | $5.75 | $7.96 |
| Diluted shares (millions) | 0 | 0 | 0 | 0 | 0 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
6.81 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Feb 17, 2026