NVMI

Nova Ltd.

Technology · $10.6B market cap

Verdict

Share price

$396.12

close of Oct 3, 2026

Fair value

$182.25

Sticker Price

Payback Price

$72.90

buy price

Overpriced

NVMI is Overpriced: at $396.12 it trades 117% above its fair value of $182.25. Its buy price (Payback Price) is $72.90, 82% below today's price. Business quality is strong: all 5 key numbers clear the 10% bar.

How we valued it

Buffett Normalized. A profitable, growing business, so we project its earnings 10 years ahead and work out what that is worth today.

Business quality

5 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth18.3% a year✓
Equity per share growth18.6% a year✓
Sales growth17.0% a year✓
Free cash flow growth17.2% a year✓
Return on invested capital11.7%✓

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Superinvestors

1 of the investors we track holds NVMI. In Q2 2026, 1 opened a position. Who we track

Moves in Q2 2026

New position: Lee Ainslie

Insider activity

Since Jun 18, 2026: no open-market purchases, 8 sales worth $3.9M and 9 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

About Nova Ltd.

Nova Ltd. is a global innovator specializing in the design, development, production, and sale of sophisticated process control systems vital for semiconductor manufacturing. Its extensive reach covers key regions such as Israel, Taiwan, the United States, China, and Korea, in addition to other international markets. The company's advanced product range includes a suite of metrology platforms, enabling precise…

Semiconductors

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works