Very little debt to repay and plenty of cash on hand, so it is hard to shake.
Metrics · D/E ~7% · Current Ratio 3.44
💲Is the price expensive now?
On the expensive side
Even accounting for growth expectations, the price is set high.
Metrics · P/E 32.3 · P/B 32.6
💡World-class profitability (64% op margin, 114% ROE) with almost no debt (net cash). At 32x P/E and 33x P/B it looks pricey, but profit growth divides opinion.
Compiled from public financial data. Not a recommendation to buy or sell any security. · Source: Company filings · TradingView · S&P Global (margins, debt, liquidity, P/B are TTM), as of 2026-06-18
Business Summary · Key Value Metrics
Makes GPUs, AI accelerators, data-center and autonomous-driving chips, anchored by the CUDA software ecosystem. FY2026 (ended Jan 2026) revenue was $215.9B with $130.4B operating income (60% margin). The data-center segment (AI accelerators) generates most of the revenue.
Current Price
$210.69
+2.95%+$6.04· Close 2026-06-18
Analyst Consensus Target (external reference)
$298.93
Avg. of 62 external analysts · S&P Global Market Intelligence (62-analyst consensus)
P/E (TTM)
32.3x
TTM · lowest in peer group
PEG
0.6x
Fwd P/E ÷ growth (assumption-sensitive)
Operating Margin
64.0%
TTM · among world's best
ROE
114.3%
TTM
Revenue Growth
+70.7%
TTM YoY
Market Cap
$5.10T
As of 2026-06-18
Economic Moat · Key Business Segments
AI standard stacks like PyTorch and TensorFlow depend on the CUDA software ecosystem (since 2006), making switching costs very high. Full-stack vertical integration across GPU, NVLink, InfiniBand (Mellanox), CUDA, and DGX gives it a near-monopoly on data-center AI infrastructure, with an estimated 90%+ share of the AI-accelerator market (sources: company IR · industry estimates).
CUDA ecosystem
Built since 2006. AI standard stacks (PyTorch, TensorFlow) depend on it → extremely high switching costs.
Full-stack vertical integration
Offers GPU, NVLink, InfiniBand, CUDA, and DGX as a bundle. Rivals can replace only parts of it.
Technology leadership
Architectures like Blackwell → Rubin lead by 1-2 generations, securing pricing power.
Data-center dominance
Estimated 90%+ AI-accelerator share. Microsoft, Google, Amazon, and Meta are key customers.
10-Year Financial Trends
Revenue compounded at a 9-year CAGR of +46.6% (FY2017 $6.9B → FY2026 $215.9B), and operating income grew even faster at +59.7%. After a FY2023 trough (operating income $4.2B, 15.7% margin), data-center AI demand drove operating income to $33B in FY2024, $81B in FY2025, and $130B in FY2026, lifting operating margin into the 60s. The trailing P/E fell from 48x in FY2024 to 32x now as profits outgrew the price (sources: company IR · SEC · macrotrends · stockanalysis).
9-Year CAGR: Revenue +46.6% · Operating Income +59.7% · Net Income +60.9% · EPS +60%
Sources: SEC EDGAR (10-K) · macrotrends · stockanalysis · company IR. On a fiscal-year (January) basis. EPS is diluted and adjusted for the 40:1 cumulative split (4:1 in 2021, 10:1 in 2024). ROE is on average equity (net income ÷ average equity); recent values differ from the TTM metric.
Mega-Cap Value Metric Comparison
Among the peer group (AMD, AVGO), NVDA has the lowest trailing P/E at 32.3, yet the highest operating margin (64.0%), ROE (114.3%), and revenue growth (+70.7%). AMD, at a 176x P/E, is early in an earnings recovery, while AVGO is a steadier grower with a dividend and ~44% margins (P/E, ROE, margins, growth all TTM · sources: TradingView · company IR).
Metric
★ NVDA
AMD
AVGO
P/E (TTM)
32.3
176.4
68.5
ROE
114.3%
8.1%
37.3%
Operating Margin
64.0%
11.7%
44.1%
Revenue YoY Growth
+70.7%
+35.0%
+32.3%
P/E, ROE, operating margin = TTM; revenue growth = TTM YoY · sources: TradingView · company IR, as of 2026-06-18.
Key Risk Factors (from 10-K)
●
AI capex-cycle dependence— Demand is concentrated in the big four's combined data-center capex ($320B+/yr) — a spending slowdown would hit revenue directly.Source: Company 10-K · earnings calls
●
Geopolitics and China export controls— Ongoing restrictions on advanced-chip exports to China (e.g., H20). China is about 17% of revenue.Source: Company 10-K Risk Factors
●
In-house custom chips— Customers' own AI chips (Google TPU, MS Maia, Amazon Trainium) could erode share over the long term.Source: Industry · company 10-K
●
High valuation and volatility— 32x P/E, 33x P/B, 20x P/S, and a beta of ~2.2 — a growth slowdown risks a valuation de-rating.Source: TradingView
✦ ValueCrab Dashboard PreviewNVDA $210.69 +2.95% · as of 2026-06-18
Q. What are NVIDIA's (NVDA) key value-investing metrics?P/E (TTM) 32.3, ROE 114.3%, operating margin 64.0%, net margin 63.0%, 9-year revenue CAGR +46.6%, and 9-year operating-income CAGR +59.7% (sources: company IR · SEC · TradingView, as of 2026-06-18).
Q. What is the analyst price-target consensus for NVIDIA?The average target across 62 analysts is $298.93. These are external consensus figures, not our own estimates, +41.9% above the current $210.69. Source: S&P Global Market Intelligence, 2026-06.
Q. Is it expensive on a PEG basis?A 32x TTM P/E is high in absolute terms, but earnings growth is so strong (TTM EPS +110% YoY) that the forward PEG works out to about 0.6 (sensitive to growth assumptions). Views on value versus growth differ, and we do not offer a definitive buy or sell opinion.
Q. Does NVIDIA carry much debt?No. With a debt-to-equity of ~0.07 and a current ratio of 3.4, it is effectively debt-free and in a net-cash position (source: company 10-K).
Q. Who are the main competitors?In GPUs, AMD; in customers' custom AI chips, Google (TPU), Microsoft (Maia), and Amazon (Trainium); in networking and custom silicon, Broadcom (AVGO).