NOVT Novanta Inc

Price (delayed)

$134.47

Market cap

$4.84B

P/E Ratio

75.54

Dividend/share

N/A

EPS

$1.78

Enterprise value

$5.19B

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 stock's P/E is 20% less than its last 4 quarters average of 94.1 and 14% less than its 5-year quarterly average of 87.7
The equity has increased by 11% YoY
Novanta's debt has increased by 17% YoY but it has decreased by 8% from the previous quarter
The EPS has contracted by 12% YoY but it has grown by 7% from the previous quarter
The quick ratio has declined by 10% year-on-year and by 3.7% since the previous quarter
The gross margin has declined by 2.2% year-on-year

Key stats

What are the main financial stats of NOVT
Market
Shares outstanding
35.96M
Market cap
$4.84B
Enterprise value
$5.19B
Valuations
Price to earnings (P/E)
75.54
Price to book (P/B)
6.48
Price to sales (P/S)
5.09
EV/EBIT
46.93
EV/EBITDA
31.24
EV/Sales
5.47
Earnings
Revenue
$949.25M
Gross profit
$421.55M
Operating income
$110.58M
Net income
$64.09M
EBIT
$110.56M
EBITDA
$166.12M
Free cash flow
$141.52M
Per share
EPS
$1.78
EPS diluted
$1.77
Free cash flow per share
$3.94
Book value per share
$20.76
Revenue per share
$26.4
TBVPS
$17.21
Balance sheet
Total assets
$1.39B
Total liabilities
$642.81M
Debt
$467.07M
Equity
$745.7M
Working capital
$265.86M
Liquidity
Debt to equity
0.63
Current ratio
2.58
Quick ratio
1.58
Net debt/EBITDA
2.13
Margins
EBITDA margin
17.5%
Gross margin
44.4%
Net margin
6.8%
Operating margin
11.6%
Efficiency
Return on assets
4.6%
Return on equity
8.9%
Return on invested capital
12.6%
Return on capital employed
9.1%
Return on sales
11.6%
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
-0.37%
1 week
-5.28%
1 month
-8.14%
1 year
-23.08%
YTD
-11.98%
QTD
-11.98%

Financial performance

How have Novanta's revenue and profit performed over time
Revenue
$949.25M
Gross profit
$421.55M
Operating income
$110.58M
Net income
$64.09M
Gross margin
44.4%
Net margin
6.8%
Novanta's net margin has decreased by 18% YoY but it has increased by 4.6% from the previous quarter
The net income is down by 12% YoY but it is up by 7% from the previous quarter
Novanta's revenue has increased by 8% YoY and by 2.9% from the previous quarter
Novanta's operating margin has decreased by 7% YoY

Growth

What is Novanta's growth rate over time

Valuation

What is Novanta stock price valuation
P/E
75.54
P/B
6.48
P/S
5.09
EV/EBIT
46.93
EV/EBITDA
31.24
EV/Sales
5.47
The stock's P/E is 20% less than its last 4 quarters average of 94.1 and 14% less than its 5-year quarterly average of 87.7
The EPS has contracted by 12% YoY but it has grown by 7% from the previous quarter
The price to book (P/B) is 27% lower than the 5-year quarterly average of 8.9 and 23% lower than the last 4 quarters average of 8.4
The equity has increased by 11% YoY
The stock's price to sales (P/S) is 23% less than its 5-year quarterly average of 6.6 and 23% less than its last 4 quarters average of 6.6
Novanta's revenue has increased by 8% YoY and by 2.9% from the previous quarter

Efficiency

How efficient is Novanta business performance
The ROE has contracted by 23% YoY but it has grown by 3.5% from the previous quarter
The company's return on assets fell by 23% YoY but it rose by 4.5% QoQ
The ROIC is down by 10% year-on-year but it is up by 4.1% since the previous quarter
The ROS has contracted by 6% YoY but it has grown by 2.7% from the previous quarter

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 116% more than the total liabilities
Novanta's total liabilities has increased by 16% YoY but it has decreased by 5% QoQ
The total assets has grown by 13% YoY but it has contracted by 2.1% from the previous quarter
Novanta's debt is 37% less than its equity
Novanta's debt has increased by 17% YoY but it has decreased by 8% from the previous quarter
The equity has increased by 11% YoY

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