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Nova Ltd   (NVMI)
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Nova Ltd 's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Nova Ltd in the forth quarter 2023?
Nova Ltd achieved a return on average equity (ROE) of 18.16 % in its forth quarter 2023, this is above NVMI's average return on equity of 16.33%.
Nova Ltd shareholder's equity over the 12 months ending in its forth quarter 2023 are valued at $751 million

ROE fell compared to the third quarter 2023, despite the net income growth of % from the third quarter 2023.

Within the Scientific & Technical Instruments industry 3 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the third quarter 2023 from 0 to 246.

What is ROE?



Return On Equity (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change 27.9 % 27.9 % 27.9 % 27.9 % -
Y / Y Net Income Change -2.78 % - - - 50.6 %
Net Income (TTM) in Millions 136 140 140 140 140
Return On Equity (TTM) 18.16 % 19.75 % 20.96 % 22.33 % 23.89 %
NVMI's Total Ranking # 246 # 0 # 0 # 0 # 712
Equity (TTM) in Millions 751 751 751 751 587
Seq. Equity Change 0 % 0 % 0 % 27.9 % 0 %
Seq. Net Income Change - - - - -

Return On Equity Company Ranking
Within: No.
Industry # 4
Sector # 64
Overall # 246

Return On Equity Statistics
High Average Low
23.89 %
16.33 %
8.17 %
(Dec 31 2022)   (Dec 31 2013)





NVMI Annual Return On Equity (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2019)
2019
(Dec 31 2018)
2018
Total Equity in Millions 751 587 474 315 281
Y / Y Equity Change 27.9 % 23.9 % 50.62 % 12.04 % 23.82 %
Net Income in Millions 136 140 93 35 54
Y / Y Net Income Change -2.78 % 50.6 % 164.71 % -35.32 % 17.04 %
Return On Equity 18.16 % 23.89 % 19.65 % 11.18 % 19.37 %





Annual Roe Comment
In 2023 ROE decreased compared to the previous year to 18.16 %, due to deterioration of net income.


More Return On Equity Ratios
Scientific & Technical Instruments Industry Roe Trends and Statistics
Technology Sector Return On Equity Statistics
NVMI's' Return on Equity at Yahoo Finance
NVMI's Roe Ratio versus Scientific & Technical Instruments Industry, Technology Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for NVMI's Competitors
Return On Equity for Nova Ltd 's Suppliers
Roe for NVMI's Customers




Companies with similar Return On Equity at Dec 31 2023, within Technology Sector ROE
Qualys Inc   49.06 %
Bentley Systems Incorporated  46.12 %
Applied Materials Inc  45.45 %
Enphase Energy Inc   44.55 %
Texas Instruments Incorporated  43.21 %
Lattice Semiconductor Corp  43.03 %
Qualcomm Inc  36.53 %
Rambus Inc   36.09 %
Espey Mfg and Electronics Corp   35.71 %
Adobe Inc   35.40 %
Teradata Corporation  35.18 %
Microchip Technology Incorporated  34.41 %
International Business Machines Corporation  33.88 %
Cadence Design Systems Inc   33.67 %
Broadcom Inc   33.63 %
Arista Networks inc   33.52 %
Pegasystems Inc   33.02 %
Nxp Semiconductors N v   32.73 %
Super Micro Computer Inc   32.61 %
Nve Corp  32.31 %
Blackline Inc   30.68 %
Rockwell Automation Inc   30.49 %
On Semiconductor Corporation  30.38 %
Cisco Systems Inc   30.19 %
Jabil Inc  29.18 %
Factset Research Systems Inc   29.10 %
Hubbell Inc  28.49 %
Meta Platforms Inc   28.19 %
Marathon Digital Holdings Inc   27.66 %
Servicenow Inc   27.49 %


Date modified: 2024-02-20T15:56:52+00:00



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