None logged a -3.2% change during today's afternoon session, and is now trading at a price of $141.95 per share.
None returned gains of 194.2% last year, with its stock price reaching a high of $152.89 and a low of $45.01. Over the same period, the stock outperformed the S&P 500 index by 163.1%. More recently, the company's 50-day average price was $134.01. NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. Based in Santa Clara, CA, the Large-Cap Technology company has 29,600 full time employees. None has not offered a dividend during the last year.
Wider Gross Margins Than the Industry Average of 41.19%:
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $11,716 | $10,918 | $16,675 | $26,914 | $26,974 | $60,922 |
| Gross Margins | 61% | 62% | 62% | 65% | 56% | 73% |
| Net Margins | 35% | 26% | 26% | 36% | 16% | 49% |
| Net Income (M) | $4,141 | $2,796 | $4,332 | $9,752 | $4,368 | $29,760 |
| Net Interest Expense (M) | $58 | $52 | $184 | $236 | $262 | $257 |
| Depreciation & Amort. (M) | $262 | $381 | $1,098 | $1,174 | $1,544 | $1,508 |
| Diluted Shares (M) | 24,720 | 25,200 | 25,380 | 24,990 | 24,940 | 24,848 |
| Earnings Per Share | $0.17 | $0.11 | $0.17 | $0.39 | $0.18 | $1.2 |
| EPS Growth | n/a | -35.29% | 54.55% | 129.41% | -53.85% | 566.67% |
| Avg. Price | $57.56 | $43.41 | $98.64 | $194.93 | $216.93 | $141.95 |
| P/E Ratio | 33.66 | 38.08 | 56.37 | 50.11 | 122.56 | 11.93 |
| Free Cash Flow (M) | $3,143 | $4,549 | $5,665 | $8,132 | $5,132 | $27,021 |
| CAPEX (M) | $600 | $212 | $157 | $976 | $509 | $1,069 |
| EV / EBITDA | 32.4 | 34.7 | 45.17 | 44.46 | 93.84 | 10.29 |
| Total Debt (M) | $1,990 | $7,959 | $10,944 | $12,199 | $10,955 | $8,461 |
| Net Debt / EBITDA | -1.91 | 1.77 | 1.72 | 0.84 | 0.94 | -0.0 |
| Current Ratio | 8.42 | 3.92 | 7.14 | 3.39 | 3.59 | 4.27 |
None has rapidly growing revenues and increasing reinvestment in the business, exceptional EPS growth, and generally positive cash flows. The company also benefits from an excellent current ratio of 4.27, wider gross margins than its peer group, and healthy leverage levels.
None's Valuation Is in Line With Its Sector Averages:
None has a trailing twelve month P/E ratio of 53.0, compared to an average of 30.01 for the Technology sector. Based on its EPS guidance of $4.12, the company has a forward P/E ratio of 32.5. According to the 57.7% compound average growth rate of None's historical and projected earnings per share, the company's PEG ratio is 0.92. Taking the weighted average of the company's EPS CAGR and the broader market's 5-year projected EPS growth rate, we obtain a normalized growth rate of 22.7%. On this basis, the company's PEG ratio is 2.34. This suggests that these shares are overvalued. Furthermore, None is likely overvalued compared to the book value of its equity, since its P/B ratio of 81.39 is higher than the sector average of 3.91. The company's shares are currently trading 1685.5% below their Graham number. Ultimately, None's strong cash flows, decent earnings multiple, and healthy debt levels factor towards it being fairly valued, its elevated P/B ratio notwithstanding.
None Has an Average Rating of Buy:
The 53 analysts following None have set target prices ranging from $125.0 to $220.0 per share, for an average of $170.44 with a buy rating. The company is trading -16.7% away from its average target price, indicating that there is an analyst consensus of some upside potential.
None has a very low short interest because 1.1% of the company's shares are sold short. Institutions own 66.2% of the company's shares, and the insider ownership rate stands at 4.29%, suggesting a large amount of insider shareholders. The largest shareholder is Vanguard Group Inc, whose 9% stake in the company is worth $304,310,538,234.
