NVMI vs. CYBR

Last updated Jun 9, 2026

NVMI (Nova Ltd) and CYBR (CyberArk Software Ltd.) are both stocks. Both are in the Technology sector — NVMI in Semiconductor Equipment & Materials, CYBR in Software - Infrastructure. At a 0.33 correlation, their price movements are largely independent.

Performance

NVMI vs. CYBR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nova Ltd (NVMI) and CyberArk Software Ltd. (CYBR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NVMI

• 1D: 6.77%
• 1M: -2.53%
• YTD: 54.68%
• 6M: 52.63%
• 1Y: 134.08%
• 3Y*: 63.36%
• 5Y*: 38.40%
• 10Y*: 46.09%

CYBR

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NVMI vs. CYBR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NVMI Nova Ltd	54.68%	66.74%	43.35%	68.21%	-44.25%	107.51%	86.62%	66.07%	-12.08%	96.88%
CYBR CyberArk Software Ltd.	-8.34%	33.89%	52.09%	68.95%	-25.18%	7.23%	38.61%	57.24%	79.13%	-9.03%

Correlation

The correlation between NVMI and CYBR is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.36
Correlation (All Time) Calculated using the full available price history since Sep 25, 2014	0.33

The correlation between NVMI and CYBR shifts across timeframes, from 0.16 (1 year) to 0.38 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap NVMI : $17.49B CYBR : $20.69B
EPS NVMI : $7.94 CYBR : -$2.92
PS Ratio NVMI : 18.68 CYBR : 15.13
PB Ratio NVMI : 12.61 CYBR : 8.61
Total Revenue (TTM) NVMI : $902.53M CYBR : $1.36B
Gross Profit (TTM) NVMI : $518.59M CYBR : $1.01B
EBITDA (TTM) NVMI : $293.89M CYBR : $59.13M

Return for Risk

NVMI vs. CYBR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NVMI

NVMI Risk / Return Rank: 91
NVMI Sharpe Ratio Rank: 93
NVMI Sortino Ratio Rank: 87
NVMI Omega Ratio Rank: 86
NVMI Calmar Ratio Rank: 94
NVMI Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NVMI vs. CYBR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nova Ltd (NVMI) and CyberArk Software Ltd. (CYBR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NVMI	CYBR	Difference
Sharpe ratio: Return per unit of total volatility	2.55	—	—
Sortino ratio: Return per unit of downside risk	2.76	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	6.26	—	—
Martin ratio: Return relative to average drawdown	16.77	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NVMI	CYBR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.55	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.07	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	—	—

Drawdowns

Drawdown Indicators

	NVMI	CYBR	Difference
Max Drawdown Largest peak-to-trough decline	-98.22%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-21.56%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-40.79%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-52.76%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.76%	—	—
Current Drawdown Current decline from peak	-8.66%	—	—
Average Drawdown Average peak-to-trough decline	-51.79%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	8.03%	—	—

Volatility

Volatility by Period

	NVMI	CYBR	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	40.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	52.91%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.27%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.30%	—	—

Dividends

NVMI vs. CYBR - Dividend Comparison

Neither NVMI nor CYBR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

NVMI vs. CYBR - Profitability Comparison

The chart below illustrates the profitability comparison between Nova Ltd and CyberArk Software Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NVMI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nova Ltd reported a gross profit of 135.69M and revenue of 235.31M. Therefore, the gross margin over that period was 57.7%.

CYBR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CyberArk Software Ltd. reported a gross profit of 267.25M and revenue of 372.65M. Therefore, the gross margin over that period was 71.7%.

NVMI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nova Ltd reported an operating income of 70.84M and revenue of 235.31M, resulting in an operating margin of 30.1%.

CYBR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CyberArk Software Ltd. reported an operating income of 1.75M and revenue of 372.65M, resulting in an operating margin of 0.5%.

NVMI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nova Ltd reported a net income of 69.26M and revenue of 235.31M, resulting in a net margin of 29.4%.

CYBR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CyberArk Software Ltd. reported a net income of -17.11M and revenue of 372.65M, resulting in a net margin of -4.6%.

Frequently Asked Questions

Can I hold both NVMI and CYBR in my portfolio?

NVMI and CYBR have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.