NOVT Novanta Inc

  1. Stocks
  2. Technology
  3. NASDAQ: NOVT

Price (delayed)

$136.95

Market cap

$4.9B

P/E Ratio

63.7

Dividend/share

N/A

EPS

$2.15

Enterprise value

$5.27B

Novanta is a leading global supplier of core technology solutions that give medical and advanced industrial original equipment manufacturers ('OEMs') a competitive advantage. Novanta combines deep proprietary technology expertise and ...

Highlights
The quick ratio has surged by 50% year-on-year and by 11% since the previous quarter
The net income is up by 21% YoY and by 4.6% from the previous quarter
Sector: Technology
Industry: Scientific & Technical Instruments
Peers: OM OBIO

Key stats

What are the main financial stats of NOVT
Market
Shares outstanding
35.81M
Market cap
$4.9B
Enterprise value
$5.27B
Valuations
Price to earnings (P/E)
63.7
Price to book (P/B)
7.83
Price to sales (P/S)
5.52
EV/EBIT
46.39
EV/EBITDA
32.41
EV/Sales
5.92
Earnings
Revenue
$889.92M
EBIT
$113.61M
EBITDA
$162.58M
Free cash flow
$77.46M
Per share
EPS
$2.15
Free cash flow per share
$2.16
Book value per share
$17.48
Revenue per share
$24.82
TBVPS
$16.41
Balance sheet
Total assets
$1.23B
Total liabilities
$606.69M
Debt
$457.1M
Equity
$626.03M
Working capital
$278.37M
Liquidity
Debt to equity
0.73
Current ratio
3.05
Quick ratio
1.74
Net debt/EBITDA
2.25
Margins
EBITDA margin
18.3%
Gross margin
44.4%
Net margin
8.6%
Operating margin
12.8%
Efficiency
Return on assets
6.3%
Return on equity
13.1%
Return on invested capital
14%
Return on capital employed
10.4%
Return on sales
12.8%
Dividend
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A

NOVT stock price

How has the Novanta stock price performed over time
Intraday
-1.77%
1 week
-6.56%
1 month
-11.8%
1 year
15.63%
YTD
0.79%
QTD
-25.61%

Financial performance

How have Novanta's revenue and profit performed over time
Revenue
$889.92M
Gross profit
$394.7M
Operating income
$114.02M
Net income
$76.9M
Gross margin
44.4%
Net margin
8.6%
NOVT's operating income is up by 35% year-on-year and by 8% since the previous quarter
Novanta's operating margin has increased by 21% YoY and by 7% QoQ
The net income is up by 21% YoY and by 4.6% from the previous quarter
The company's gross profit rose by 15% YoY and by 2.3% QoQ

Growth

What is Novanta's growth rate over time

Valuation

What is Novanta stock price valuation
NOVT P/E details
P/E
63.7
P/B
7.83
P/S
5.52
EV/EBIT
46.39
EV/EBITDA
32.41
EV/Sales
5.92
The EPS has grown by 20% YoY and by 4.4% from the previous quarter
The stock's P/E is 18% less than its 5-year quarterly average of 79.2 and 9% less than its last 4 quarters average of 71.2
The equity has increased by 18% YoY and by 4.7% from the previous quarter
The price to book (P/B) is 11% lower than the last 4 quarters average of 9.0 and 7% lower than the 5-year quarterly average of 8.6
Novanta's revenue has increased by 12% YoY
The stock's price to sales (P/S) is 8% less than its last 4 quarters average of 6.1 and 6% less than its 5-year quarterly average of 6.0

Efficiency

How efficient is Novanta business performance
The company's return on assets rose by 21% YoY and by 5% QoQ
The ROS has grown by 21% YoY and by 7% from the previous quarter
The ROIC is up by 17% year-on-year and by 4.5% since the previous quarter
The ROE has grown by 7% YoY

Dividends

What is NOVT's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for NOVT.

Financial health

How did Novanta financials performed over time
The total assets is 103% more than the total liabilities
The current ratio has soared by 52% YoY and by 7% from the previous quarter
The quick ratio has surged by 50% year-on-year and by 11% since the previous quarter
Novanta's debt is 27% less than its equity
The equity has increased by 18% YoY and by 4.7% from the previous quarter
The debt to equity has contracted by 15% YoY and by 8% from the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.