NOVT Novanta Inc

  1. Stocks
  2. Technology
  3. NASDAQ: NOVT

Price (delayed)

$185.4

Market cap

$6.65B

P/E Ratio

96.06

Dividend/share

N/A

EPS

$1.93

Enterprise value

$7.13B

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 increased by 14% YoY
The company's gross profit rose by 4.4% YoY
The quick ratio has declined by 9% since the previous quarter but it rose by 2.5% year-on-year
Novanta's debt has increased by 42% from the previous quarter and by 20% YoY
The stock's P/E is 16% more than its last 4 quarters average of 81.8 and 12% more than its 5-year quarterly average of 84.7
Sector: Technology
Industry: Scientific & Technical Instruments
Peers: OM OBIO

Key stats

What are the main financial stats of NOVT
Market
Shares outstanding
35.89M
Market cap
$6.65B
Enterprise value
$7.13B
Valuations
Price to earnings (P/E)
96.06
Price to book (P/B)
9.75
Price to sales (P/S)
7.45
EV/EBIT
65.59
EV/EBITDA
45.55
EV/Sales
7.98
Earnings
Revenue
$893.45M
EBIT
$108.67M
EBITDA
$156.48M
Free cash flow
$119.97M
Per share
EPS
$1.93
Free cash flow per share
$3.34
Book value per share
$19.02
Revenue per share
$24.88
TBVPS
$16.86
Balance sheet
Total assets
$1.41B
Total liabilities
$728.88M
Debt
$565.87M
Equity
$681.72M
Working capital
$277.41M
Liquidity
Debt to equity
0.83
Current ratio
2.83
Quick ratio
1.61
Net debt/EBITDA
3.02
Margins
EBITDA margin
17.5%
Gross margin
45.1%
Net margin
7.8%
Operating margin
12.3%
Efficiency
Return on assets
5.5%
Return on equity
10.6%
Return on invested capital
13.4%
Return on capital employed
8.6%
Return on sales
12.2%
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
1.64%
1 week
7.48%
1 month
15.52%
1 year
5.25%
YTD
10.09%
QTD
13.67%

Financial performance

How have Novanta's revenue and profit performed over time
Revenue
$893.45M
Gross profit
$402.69M
Operating income
$109.79M
Net income
$69.29M
Gross margin
45.1%
Net margin
7.8%
Novanta's net margin has decreased by 7% YoY and by 6% from the previous quarter
The net income is down by 6% YoY and by 4.9% from the previous quarter
NOVT's operating income is up by 4.5% year-on-year
The company's gross profit rose by 4.4% YoY

Growth

What is Novanta's growth rate over time

Valuation

What is Novanta stock price valuation
NOVT P/E details
P/E
96.06
P/B
9.75
P/S
7.45
EV/EBIT
65.59
EV/EBITDA
45.55
EV/Sales
7.98
The stock's P/E is 16% more than its last 4 quarters average of 81.8 and 12% more than its 5-year quarterly average of 84.7
The EPS has contracted by 6% YoY and by 4.9% from the previous quarter
The equity has increased by 14% YoY
The price to book (P/B) is 8% higher than the 5-year quarterly average of 8.9 and 4.2% higher than the last 4 quarters average of 9.2
The stock's price to sales (P/S) is 15% more than its 5-year quarterly average of 6.4 and 8% more than its last 4 quarters average of 6.8
Novanta's revenue has increased by 2% YoY

Efficiency

How efficient is Novanta business performance
The ROE has contracted by 19% YoY and by 8% from the previous quarter
The company's return on assets fell by 8% QoQ and by 8% YoY
The ROIC is down by 4.3% since 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 94% more than the total liabilities
Novanta's total liabilities has increased by 32% QoQ and by 16% YoY
The total assets has grown by 15% YoY and by 15% from the previous quarter
Novanta's debt is 17% less than its equity
Novanta's debt has increased by 42% from the previous quarter and by 20% YoY
The debt to equity has grown by 41% from the previous quarter and by 5% YoY

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