NOVT Novanta Inc

Price (delayed)

$166.03

Market cap

$5.91B

P/E Ratio

118.59

Dividend/share

N/A

EPS

$1.4

Enterprise value

$5.81B

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 50

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 equity has soared by 70% YoY
Novanta's debt has decreased by 34% YoY and by 3.7% from the previous quarter
The quick ratio has surged by 60% year-on-year but it has declined by 4.1% since the previous quarter
The stock's P/E is 53% more than its last 4 quarters average of 77.7 and 41% more than its 5-year quarterly average of 84.4
The EPS has contracted by 28% YoY and by 4.8% from the previous quarter

Key stats

What are the main financial stats of NOVT

NOVT stock price

How has the Novanta stock price performed over time
Intraday
-0.55%
1 week
4.21%
1 month
31.69%
1 year
31.09%
YTD
39.53%
QTD
40.57%

Financial performance

How have Novanta's revenue and profit performed over time
Revenue
$1B
Gross profit
$444.51M
Operating income
$89.13M
Net income
$53.72M
Gross margin
44.2%
Net margin
5.3%
Novanta's net margin has decreased by 28% YoY and by 3.6% from the previous quarter
Novanta's operating margin has decreased by 28% YoY and by 7% QoQ
The net income is down by 24% YoY
NOVT's operating income is down by 24% year-on-year and by 5% since the previous quarter

Price vs fundamentals

How does NOVT's price correlate with its fundamentals

Growth

What is Novanta's growth rate over time

Valuation

What is Novanta stock price valuation
P/E
118.59
P/B
4.52
P/S
6.68
EV/EBIT
66.62
EV/EBITDA
38.81
EV/Sales
5.78
The stock's P/E is 53% more than its last 4 quarters average of 77.7 and 41% more than its 5-year quarterly average of 84.4
The EPS has contracted by 28% YoY and by 4.8% from the previous quarter
The equity has soared by 70% YoY
The price to book (P/B) is 43% lower than the 5-year quarterly average of 8.0 but 8% higher than the last 4 quarters average of 4.2
The stock's price to sales (P/S) is 49% more than its last 4 quarters average of 4.5 and 8% more than its 5-year quarterly average of 6.2
Novanta's revenue has increased by 6% YoY and by 2.5% from the previous quarter

Efficiency

How efficient is Novanta business performance
The ROE has contracted by 46% YoY and by 12% from the previous quarter
The company's return on assets fell by 37% YoY and by 9% QoQ
The ROS has contracted by 29% YoY and by 6% from the previous quarter
The ROIC is down by 20% 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 quick ratio has surged by 60% year-on-year but it has declined by 4.1% since the previous quarter
The current ratio has grown by 39% YoY but it has contracted by 3.5% from the previous quarter
Novanta's debt is 78% less than its equity
The equity has soared by 70% YoY
The debt to equity has plunged by 61% YoY and by 4.3% from the previous quarter

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