NOVT Novanta Inc

  1. Stocks
  2. Technology
  3. NASDAQ: NOVT

Price (delayed)

$152.02

Market cap

$5.43B

P/E Ratio

73.09

Dividend/share

N/A

EPS

$2.08

Enterprise value

$5.82B

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 net income is up by 47% YoY and by 2.1% from the previous quarter
The EPS has grown by 46% YoY
The stock's P/E is 15% less than its 5-year quarterly average of 85.0 but 5% more than its last 4 quarters average of 68.9
Sector: Technology
Industry: Scientific & Technical Instruments
Peers: PAVM PACB

Key stats

What are the main financial stats of NOVT
Market
Shares outstanding
35.74M
Market cap
$5.43B
Enterprise value
$5.82B
Valuations
Price to earnings (P/E)
73.09
Price to book (P/B)
9.39
Price to sales (P/S)
6.3
EV/EBIT
56.6
EV/EBITDA
37.31
EV/Sales
6.76
Earnings
Revenue
$860.9M
EBIT
$102.78M
EBITDA
$155.93M
Free cash flow
$71.27M
Per share
EPS
$2.08
Free cash flow per share
$2
Book value per share
$16.18
Revenue per share
$24.15
TBVPS
$16.45
Balance sheet
Total assets
$1.24B
Total liabilities
$663.63M
Debt
$484.06M
Equity
$577.59M
Working capital
$256M
Liquidity
Debt to equity
0.84
Current ratio
2.56
Quick ratio
1.45
Net debt/EBITDA
2.46
Margins
EBITDA margin
18.1%
Gross margin
44%
Net margin
8.6%
Operating margin
12%
Efficiency
Return on assets
6.1%
Return on equity
13.5%
Return on invested capital
13.6%
Return on capital employed
9.5%
Return on sales
11.9%
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
0.98%
1 week
2.7%
1 month
-3.99%
1 year
4.7%
YTD
11.89%
QTD
11.89%

Financial performance

How have Novanta's revenue and profit performed over time
Revenue
$860.9M
Gross profit
$378.47M
Operating income
$103.08M
Net income
$74.05M
Gross margin
44%
Net margin
8.6%
NOVT's operating income has surged by 61% year-on-year and by 5% since the previous quarter
The net income is up by 47% YoY and by 2.1% from the previous quarter
Novanta's operating margin has increased by 32% YoY and by 3.4% QoQ
The company's gross profit rose by 26% YoY and by 3.2% QoQ

Growth

What is Novanta's growth rate over time

Valuation

What is Novanta stock price valuation
P/E
73.09
P/B
9.39
P/S
6.3
EV/EBIT
56.6
EV/EBITDA
37.31
EV/Sales
6.76
The EPS has grown by 46% YoY
The stock's P/E is 15% less than its 5-year quarterly average of 85.0 but 5% more than its last 4 quarters average of 68.9
The price to book (P/B) is 13% higher than the 5-year quarterly average of 8.2 and 11% higher than the last 4 quarters average of 8.4
The equity has increased by 11% YoY and by 7% from the previous quarter
Novanta's revenue has increased by 22% YoY and by 2.3% from the previous quarter
The stock's price to sales (P/S) is 11% more than its 5-year quarterly average of 5.6 and 9% more than its last 4 quarters average of 5.7

Efficiency

How efficient is Novanta business performance
The ROE has grown by 34% YoY
The ROS has grown by 32% YoY
The company's return on assets rose by 27% YoY
The ROIC is up by 21% year-on-year

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 87% more than the total liabilities
The current ratio has grown by 26% YoY
The quick ratio rose by 14% year-on-year
Novanta's debt is 16% less than its equity
The equity has increased by 11% YoY and by 7% from the previous quarter
The debt to equity has contracted by 11% YoY and by 8% from the previous quarter

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