NOVT Novanta Inc

Price (delayed)

$158.78

Market cap

$5.69B

P/E Ratio

78.22

Dividend/share

N/A

EPS

$2.03

Enterprise value

$5.99B

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 rose by 21% year-on-year and by 11% since the previous quarter
Novanta's debt has decreased by 17% YoY
The EPS has contracted by 3.8% from the previous quarter and by 2.4% YoY
The net income is down by 3.6% from the previous quarter

Key stats

What are the main financial stats of NOVT
Market
Shares outstanding
35.85M
Market cap
$5.69B
Enterprise value
$5.99B
Valuations
Price to book (P/B)
8.44
Price to sales (P/S)
6.46
EV/EBIT
54.64
EV/EBITDA
38.33
EV/Sales
6.79
Earnings
Revenue
$881.66M
EBIT
$109.57M
EBITDA
$156.18M
Free cash flow
$100.18M
Per share
EPS
$2.03
Free cash flow per share
$2.79
Book value per share
$18.81
Revenue per share
$24.6
TBVPS
$16.64
Balance sheet
Total assets
$1.23B
Total liabilities
$552.6M
Debt
$399.91M
Equity
$673.46M
Working capital
$276.12M
Liquidity
Debt to equity
0.59
Current ratio
2.98
Quick ratio
1.76
Net debt/EBITDA
1.89
Margins
EBITDA margin
17.7%
Gross margin
45.4%
Net margin
8.3%
Operating margin
12.5%
Efficiency
Return on assets
6%
Return on equity
11.5%
Return on invested capital
14%
Return on capital employed
10.1%
Return on sales
12.4%
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
-1.49%
1 week
-6.87%
1 month
-8.35%
1 year
0.75%
YTD
-5.72%
QTD
-9.15%

Financial performance

How have Novanta's revenue and profit performed over time
Revenue
$881.66M
Gross profit
$399.9M
Operating income
$110.5M
Net income
$72.88M
Gross margin
45.4%
Net margin
8.3%
NOVT's operating income is up by 7% year-on-year but it is down by 4.5% since the previous quarter
The company's gross profit rose by 6% YoY
The net income is down by 3.6% from the previous quarter
Novanta's operating margin has increased by 4.2% YoY but it has decreased by 3.8% QoQ

Growth

What is Novanta's growth rate over time

Valuation

What is Novanta stock price valuation
P/E
78.22
P/B
8.44
P/S
6.46
EV/EBIT
54.64
EV/EBITDA
38.33
EV/Sales
6.79
The stock's P/E is 6% less than its 5-year quarterly average of 83.1
The EPS has contracted by 3.8% from the previous quarter and by 2.4% YoY
The equity has increased by 17% YoY and by 4.4% from the previous quarter
The price to book (P/B) is 8% lower than the last 4 quarters average of 9.2 and 4.1% lower than the 5-year quarterly average of 8.8
The stock's price to sales (P/S) is 2.5% more than its 5-year quarterly average of 6.3 but 2.1% less than its last 4 quarters average of 6.6
Novanta's revenue has increased by 2.4% YoY

Efficiency

How efficient is Novanta business performance
The ROE has contracted by 15% YoY and by 7% from the previous quarter
The ROS has grown by 4.2% YoY but it has contracted by 2.4% from the previous quarter
The company's return on assets fell by 3.2% QoQ
The ROIC is up by 2.9% 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 122% more than the total liabilities
The quick ratio rose by 21% year-on-year and by 11% since the previous quarter
Novanta's total liabilities has decreased by 17% YoY
Novanta's debt is 41% less than its equity
The debt to equity has contracted by 30% YoY and by 4.8% from the previous quarter
Novanta's debt has decreased by 17% YoY

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