NVIDIA Corporation (NVDA) is a publicly traded company in the Technology — Semiconductors industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
NVIDIA Corporation stands as a prominent provider of advanced graphics, computational, and networking solutions, operating across the United States, Taiwan, China, and numerous international markets. Its Graphics division encompasses GeForce GPUs, central to PC gaming and personal computing experiences, along with the GeForce NOW cloud gaming service and its supporting infrastructure, as well as dedicated solutions for various gaming platforms.
Is NVIDIA Corporation stock overvalued or undervalued in 2026?
NVIDIA Corporation (NVDA) trades at 25.9× earnings (P/E), below the median of the 314 technology companies over $2bn in Kaplio's universe. At its sector median (32.0×) $253 (+24 %).
Kaplio overview: NVIDIA Corporation
Market cap $4.93T · 52 weeks $165 – $239 (14 % below the high) · P/E 25.9× · 2027 expected P/E 22.0× · Dividend 0.25 % · Next earnings November 17, 2026 · expected EPS $2.47 · Closing price, Oct 30 · accounts published Aug 26.
- Valuation: P/E 25.9× (cheap).
- Business: ROIC 60 % (excellent).
- Balance sheet: Net debt/EBITDA 0.0× (solid).
- Earnings: 8 of 8 (on track).
What would it be worth at its usual multiples?
At its sector median (32.0×) $253 (+24 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in technology: 7 of 7 pass
- 3y revenue growth 101.4 %, passes.
- Gross margin 71.1 %, passes.
- FCF / Revenue 44.8 %, passes.
- ROIC 59.5 %, passes.
- SBC / Revenue 3.0 %, passes.
- Net debt / EBITDA 0.0×, passes.
- EV/EBITDA vs own 5y 21.2×, passes.
Against its peers (reference peers) — NVIDIA Corporation: P/E 25.9×; EV/EBITDA 21.2×; ROIC 59.5 %; $4.9T. Broadcom Inc. (P/E 41.6×; EV/EBITDA 30.4×; ROIC 24.0 %; $1.6T), Advanced Micro Devices, Inc. (P/E 129×; EV/EBITDA 76.8×; ROIC 7.6 %; $824B), Intel Corp. (P/E —; EV/EBITDA 112×; ROIC 1.0 %; $348B).
Dividend
token · Yield 0.25 % ($0.04 per share in 2026) · Years raising it 2 · 5-year growth +20 % a year · Free cash flow coverage 83.8× · With $1,000 invested today you'd collect $2.50 a year ($0.21 a month).
Kaplio's reading: NVIDIA Corporation
Updated on October 31, 2026 · accounts published on August 26, 2026
An exceptionally profitable chipmaker growing fast with almost no debt
NVIDIA trades at a P/E of 25.9 over the last 12 months, 19 % below its sector median, while earning a 65 % operating margin.
- Is NVIDIA expensive or cheap? NVIDIA trades at a P/E of 25.9 over the last 12 months, 19 % below the 32.0 median of its sector.
- How is the business doing? The operating margin reached 65 % over the last 12 months, almost double the 34 % average of fiscal 2015-2026.
- How strong is the balance sheet? Debt/equity is 0.17 over the last 12 months and net debt to EBITDA was 0.0× in fiscal 2026: NVIDIA holds net cash.
- What to expect from the next earnings? NVIDIA reports on November 17, 2026; analysts expect EPS of $2.47, after beating estimates in each of the last 8 quarters.
- Does NVIDIA grow with real cash or by diluting shareholders? In fiscal 2026 free cash flow was 45 % of revenue and stock-based pay just 3 %, well inside healthy tech thresholds.
Is NVIDIA expensive or cheap?
Over the last 12 months NVIDIA trades at a P/E of 25.9, 19 % below the 32.0 median of 314 sector peers, and at an EV/EBITDA of 21.2×, less than half its own five-year average of 48.9×. Against its own history, that multiple sits in cheap territory. The yields are thinner: free cash flow returns 2.2 % and earnings 2.7 % of the price, and a P/B of 21.6× assumes returns stay very high. The share is up just 1 % in 12 months and sits 14 % below its 52-week high of $239.24, closer to the middle of a range that started at $165.17.
How is the business doing?
Revenue grew 66 % year on year over the last 12 months and EPS 67 %, so profit is keeping pace with sales. The operating margin of 65 % over the last 12 months compares with 60 % in fiscal 2026 and a 34 % average across fiscal 2015-2026: NVIDIA keeps far more of each dollar of sales than it did over most of its past. ROIC of 60 % over the last 12 months stands 51 points above the 8 % median of 458 sector peers, and it has stayed above 10 % in each of the last 10 fiscal years (2017-2026). A net margin of 64 % and an ROE of 110 % complete the picture.
How strong is the balance sheet?
NVIDIA carries almost no leverage: debt/equity of 0.17 and a current ratio of 4.59 over the last 12 months, with an Altman Z of 59.7, deep in the safe zone. In fiscal 2026 it held net cash of $2.09 per share ($2.57 of cash minus $0.48 of debt), equal to just 1.0 % of the share price, so the cash pile barely changes the valuation. Cash returned to shareholders is small: a dividend yield of 0.3 % over the last 12 months and a payout of 1 % of earnings in fiscal 2026. A Piotroski score of 6 out of 9 points to solid, if not flawless, financial trends.
What to expect from the next earnings?
Analysts expect EPS of $2.47 for the quarter NVIDIA reports on November 17, 2026, above the $2.22 delivered on August 26, 2026, which beat the $2.09 consensus by 6.2 %. NVIDIA has beaten EPS estimates in 8 of the last 8 quarters, so the market is used to positive surprises and a beat may already be expected. Expectations for 2027 are steady: the EPS consensus barely moved in the last 30 days, from $9.27 to $9.29 among 33 analysts, and the revenue consensus also held. Of 79 analysts, 58 recommend buying, 16 holding and 3 selling.
Does NVIDIA grow with real cash or by diluting shareholders?
In technology, generic ratios fall short: much of the value rests on future growth, and stock-based pay can hide a real cost to shareholders, so analysts look at growth, pricing power and dilution. NVIDIA clears every bar. Revenue per share grew 101 % a year over fiscal 2023-2026, against a healthy level of 15 %. A gross margin of 71 % in fiscal 2026 beats the 45 % that counts as healthy for semiconductors, a sign of pricing power. Free cash flow reached 45 % of revenue against a 20 % threshold, while stock-based pay took 3 % of revenue, below the healthy 10 % and far from the toxic 20 %.
How this was prepared: the data comes from companies' official filings, collected by a professional provider, and from Kaplio's analysis engine (trailing-12-month ratios, 10 years of history and sector medians computed across US-listed companies). The text is written from that data alone, every figure is checked against it before publication, and it is reviewed when the company reports results. This is not investment advice.
Investor methods verdict
Would Buffett approve NVIDIA today?
The Buffett Method finds NVIDIA too hard to value: its current earnings are more than double its 5-year median and not predictable, so we give no price. Business quality: 89 out of 100 (price not included). Kaplio assessment with data from the week of 2026-10-26; not investment advice.
Would Peter Lynch approve NVIDIA today?
The Lynch Method would not approve NVIDIA today: it fails its quality rules. Business quality: 72 out of 100 (price not included). Lynch classifies it as a fast grower. Kaplio assessment with data from the week of 2026-10-26; not investment advice.
Profitability
| Return on Equity | 110.11% |
| Return on Invested Capital | 59.50% |
| Return on Assets | 60.22% |
| Gross Margin | 74.67% |
| Operating Margin | 65.21% |
| Net Margin | 63.66% |
Financial Health
| Debt / Equity | 0.17 |
| Current Ratio | 4.59 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 59.71 |
Compare it with
Price Performance
| 1 month | -12.53% |
| 3 months | -0.97% |
| Year-to-date | +9.73% |
| 1 year | +1.06% |
| 3 years | +370.33% |
| 5 years | +675.15% |
| 10 years | +11937.65% |
Dividend History
Paid in the last 12 months: $0.5200 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-10 | $0.2500 |
| 2026-06-04 | $0.2500 |
| 2026-03-11 | $0.0100 |
| 2025-12-04 | $0.0100 |
| 2025-09-11 | $0.0100 |
| 2025-06-11 | $0.0100 |
| 2025-03-12 | $0.0100 |
| 2024-12-05 | $0.0100 |
| 2024-09-12 | $0.0100 |
| 2024-06-11 | $0.0100 |
Amounts adjusted for stock splits.
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Explore sector: Technology · Semiconductors
More sections of NVDA: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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