Last 48 quarters of trend data · Technology · Semiconductors
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Nova Ltd.'s quarterly P/E stands at 42.3x, up 35.8% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 63.1% YoY to 43.6x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 76.32 | 42.32 | 42.06 | 32.15 | 22.70 | 31.16 | 32.55 | 41.88 | 38.56 | 28.86 | 26.77 | 31.20 | 23.96 |
| — | +35.8% | +29.2% | -23.2% | -41.1% | +8.0% | +21.6% | +34.2% | +60.9% | +61.1% | +38.1% | +53.6% | -5.8% | |
| P/S Ratio | 19.11 | 12.48 | 11.55 | 10.02 | 6.93 | 8.11 | 9.38 | 12.05 | 10.06 | 8.19 | 6.98 | 7.63 | 6.29 |
| — | +53.9% | +23.1% | -16.8% | -31.1% | -1.1% | +34.4% | +57.9% | +60.0% | +91.2% | +47.7% | +53.1% | -3.2% | |
| P/B Ratio | 15.20 | 8.43 | 8.87 | 8.05 | 6.02 | 6.81 | 7.40 | 8.97 | 7.20 | 5.86 | 5.13 | 5.65 | 5.28 |
| — | +23.8% | +19.8% | -10.3% | -16.5% | +16.1% | +44.3% | +58.7% | +36.4% | +32.7% | +4.3% | +4.6% | -24.8% | |
| P/FCF | 58.93 | 57.43 | 38.76 | 51.38 | 24.75 | 25.88 | 38.99 | 32.64 | 25.16 | 52.55 | 20.84 | 44.81 | 40.92 |
| — | +121.9% | -0.6% | +57.4% | -1.6% | -50.7% | +87.1% | -27.2% | -38.5% | +233.8% | -17.2% | +32.3% | -56.8% | |
| EV / EBITDA | 63.09 | 43.61 | 38.61 | 31.18 | 22.03 | 26.74 | 31.74 | 38.38 | 35.04 | 29.94 | 24.23 | 29.54 | 21.97 |
| — | +63.1% | +21.6% | -18.8% | -37.1% | -10.7% | +31.0% | +29.9% | +59.5% | +79.5% | +44.6% | +65.0% | -1.2% | |
| EV / EBIT | 68.93 | 48.14 | 36.59 | 33.78 | 23.74 | 28.81 | 34.55 | 42.04 | 39.15 | 27.70 | 27.24 | 33.60 | 24.30 |
| — | +67.1% | +5.9% | -19.7% | -39.4% | +4.0% | +26.8% | +25.1% | +61.1% | +58.8% | +49.1% | +71.4% | -0.5% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Nova Ltd.'s operating margin was 27.3% in Q4 2025, down 1.2 pp QoQ and down 1.2 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 28.8% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 57.6% | 57.6% | 56.7% | 57.8% | 57.3% | 56.4% | 56.6% | 59.0% | 58.7% | 55.1% | 56.1% | 56.8% | 58.4% |
| — | +2.1% | +0.2% | -2.0% | -2.4% | +2.4% | +1.0% | +3.9% | +0.5% | -0.4% | -1.7% | +0.0% | +2.8% | |
| Operating Margin | 27.9% | 27.3% | 28.4% | 29.8% | 29.6% | 28.5% | 27.5% | 29.1% | 26.2% | 25.1% | 26.5% | 23.4% | 27.0% |
| — | -4.2% | +3.4% | +2.6% | +12.9% | +13.6% | +3.8% | +24.3% | -2.9% | +2.7% | -2.0% | -10.3% | -2.4% | |
| Net Margin | 27.3% | 29.1% | 27.3% | 31.0% | 30.4% | 25.9% | 28.7% | 28.8% | 26.0% | 28.4% | 26.2% | 24.4% | 26.2% |
| — | +12.1% | -4.6% | +7.9% | +16.9% | -8.6% | +9.5% | +18.0% | -0.8% | +18.8% | +7.3% | -1.0% | +2.7% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 21.9% | 5.2% | 5.4% | 6.6% | 6.8% | 5.5% | 5.9% | 5.5% | 4.8% | 5.2% | 4.9% | 4.6% | 5.7% |
| — | -5.5% | -7.5% | +19.0% | +42.0% | +4.9% | +18.6% | +19.2% | -16.1% | -17.2% | -24.2% | -32.4% | -19.2% | |
| ROA | 14.6% | 2.8% | 3.2% | 4.6% | 4.5% | 3.7% | 4.0% | 3.7% | 3.2% | 3.4% | 3.2% | 2.9% | 3.4% |
| — | -25.2% | -19.5% | +23.0% | +43.2% | +8.0% | +25.2% | +27.9% | -7.9% | -8.8% | -17.0% | -26.1% | -15.1% | |
| ROIC | 14.9% | 2.7% | 3.6% | 4.4% | 4.6% | 4.2% | 3.8% | 3.7% | 3.1% | 2.9% | 3.2% | 2.8% | 3.6% |
| — | -36.2% | -5.6% | +21.1% | +47.1% | +41.1% | +18.6% | +32.0% | -13.4% | -25.5% | -30.2% | -38.2% | -22.5% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Nova Ltd.'s Debt/EBITDA ratio is 11.9x, down from 12.7x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 170.5% YoY to 6.28x, strengthening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.25 | 0.61 | 0.75 | 0.19 | 0.24 | 0.25 | 0.27 | 0.29 | 0.31 | 0.33 | 0.34 | 0.37 | 0.39 |
| — | +138.2% | +183.8% | -33.4% | -21.8% | -21.7% | -22.9% | -22.1% | -21.1% | -22.4% | -22.1% | -21.6% | -22.5% | |
| Debt / EBITDA | 1.15 | 11.92 | 12.71 | 2.94 | 3.46 | 3.95 | 4.50 | 4.83 | 5.84 | 6.45 | 6.29 | 7.45 | 6.19 |
| — | +201.7% | +182.1% | -39.1% | -40.8% | -38.7% | -28.5% | -35.2% | -5.6% | +7.1% | +9.2% | +23.2% | +1.5% | |
| Current Ratio | 2.32 | 6.28 | 4.58 | 2.57 | 2.18 | 2.32 | 2.44 | 2.32 | 2.26 | 2.20 | 2.25 | 2.12 | 4.78 |
| — | +170.5% | +87.9% | +10.8% | -3.4% | +5.6% | +8.3% | +9.2% | -52.8% | -51.9% | -53.1% | -57.4% | +175.9% | |
| Quick Ratio | 1.92 | 5.47 | 4.00 | 2.05 | 1.74 | 1.92 | 2.00 | 1.86 | 1.82 | 1.77 | 1.81 | 1.65 | 3.77 |
| — | +184.7% | +100.3% | +9.9% | -4.0% | +8.3% | +10.3% | +13.3% | -51.8% | -52.1% | -52.6% | -59.9% | +164.8% | |
| Interest Coverage | 116.20 | — | — | — | — | — | — | — | — | 25.83 | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Start ComparisonNova Ltd.'s current P/E is 76.3x. The average P/E over the last 4 quarters is 34.8x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Nova Ltd.'s current operating margin is 27.9%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Nova Ltd.'s business trajectory between earnings reports.