TGM's two-stage DCF values NVE Corporation (NVEC) between $36.54 and $59.56 depending on assumptions, with a base case of $46.20. Growth is taken from the company's own record (blend of 5-year revenue and FCF growth), fading to 2.5% long-run; the discount rate (10.6%) reflects its beta.
What would today's price require?
$116.33 is justified only if free cash flow grows about +28.4% a year (fading to 2.5% long-run) at a 10.6% required return — faster than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 1.3%/yr | 11.6% | $36.54 |
| Base case | 4.3%/yr | 10.6% | $46.20 |
| Optimistic | 7.3%/yr | 9.6% | $59.56 |
| Third-party model estimate (FMP) | independent reference · retrieved Oct 6, 2026 · assumptions not provided | $29.76 | |
The FMP figure is a third-party point estimate. Its cash-flow forecast, discount rate, terminal growth, and valuation date are not included in the stored response, so TGMCharts presents it only as a reference—not as an intrinsic-value conclusion or price target.
Current Price
$116.33
Market-Implied Growth
+28.4%/yr
vs +3.1% 5Y actual
Model Scenario Range
$36.54 – $59.56
model output — not a price target
Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for NVEC (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.
Base inputs: FCF $16.3M · 0.00B shares · net cash $1.5M
Estimated Fair Value
$46.20
-60.3% vs $116.33
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 4.3%/yr FCF growth and 10-year horizon fixed. Green = above today's $116.33; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 8.6% | $54.45 | $57.68 | $61.44 | $65.85 | $71.13 |
| 9.6% | $47.65 | $50.03 | $52.74 | $55.86 | $59.48 |
| 10.6% | $42.36 | $44.17 | $46.20 | $48.50 | $51.11 |
| 11.6% | $38.11 | $39.53 | $41.10 | $42.85 | $44.81 |
| 12.6% | $34.63 | $35.77 | $37.01 | $38.38 | $39.90 |
