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Nv5 Holdings Inc

NovaEquipment (NASDAQ: NVEE) is a technology-driven company that focuses on the design, manufacture, and marketing of magnetic and optical-based solutions. The company operates in two main segments: Magnetic Solutions and Optical Solutions. The Magnetic Solutions segment provides magnetic field sensors, data acquisitions systems, and magnetic sensors-based solutions for industrial and military markets. The Optical Solutions segment deals with spatial light modulators (SLMs) and other photonic-based components for scientific, industrial, and commercial applications.

Here is some key information about NVEE, with a focus on its financial health, historical performance, and growth prospects:

1. Financial Health:

NVEE has a solid balance sheet, with a relatively low debt level compared to its cash reserves and total assets. At the end of Q3 2022, the company had $4.4 million in cash and cash equivalents, with total current assets of $16.3 million and only $877,000 in total debt. NVEE's quick ratio, a measure of a company's ability to meet its short-term obligations, is healthy at 4.3x.

2. Historical Performance (Past 3 Years):

Revenue (TTM): $11.2 million (up from $10.2 million in FY2019)

Earnings Per Share (diluted): -$0.03 (down from $0.35 in FY2019)

Price-to-Earnings Ratio: -2.05x (as of March 2023)

Return on Equity: -5.19% (down from 58.2% in FY2019)

3. Growth Outlook:

Analysts expect NVEE's revenue to grow at a CAGR of 3.4% over the next 5 years. However, earnings are expected to recover, with an estimated EPS growth of 110% in the upcoming fiscal year. The company's PEG ratio (3-year expected) is -0.2x, indicating that it is potentially undervalued when considering its growth potential.

Please note that the stock market is dynamic, and the information could change rapidly. Be sure to perform a thorough analysis or consult a financial advisor before making any investment decisions.