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NOVT Novanta Inc

Price (delayed)

$121.46

Market cap

$4.37B

P/E Ratio

62.29

Dividend/share

N/A

EPS

$1.95

Enterprise value

$4.7B

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 28% less than its 5-year quarterly average of 88.1 and 28% less than its last 4 quarters average of 88.0
Novanta's debt has decreased by 22% YoY and by 6% from the previous quarter

Key stats

What are the main financial stats of NOVT
Market
Shares outstanding
35.97M
Market cap
$4.37B
Enterprise value
$4.7B
Valuations
Price to earnings (P/E)
62.29
Price to book (P/B)
5.67
Price to sales (P/S)
4.6
EV/EBIT
40.03
EV/EBITDA
27.08
EV/Sales
4.94
Earnings
Revenue
$951.7M
Gross profit
$425.48M
Operating income
$117.4M
Net income
$70.62M
EBIT
$117.45M
EBITDA
$173.64M
Free cash flow
$148.05M
Per share
EPS
$1.95
EPS diluted
$1.95
Free cash flow per share
$4.11
Book value per share
$21.41
Revenue per share
$26.42
TBVPS
$17.17
Balance sheet
Total assets
$1.39B
Total liabilities
$615.7M
Debt
$438.78M
Equity
$769.76M
Working capital
$264.55M
Liquidity
Debt to equity
0.57
Current ratio
2.56
Quick ratio
1.59
Net debt/EBITDA
1.92
Margins
EBITDA margin
18.2%
Gross margin
44.7%
Net margin
7.4%
Operating margin
12.3%
Efficiency
Return on assets
5.1%
Return on equity
9.5%
Return on invested capital
14%
Return on capital employed
9.7%
Return on sales
12.3%
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
-1.91%
1 week
1.11%
1 month
-0.43%
1 year
-25.1%
YTD
-20.49%
QTD
-5.01%

Financial performance

How have Novanta's revenue and profit performed over time
Revenue
$951.7M
Gross profit
$425.48M
Operating income
$117.4M
Net income
$70.62M
Gross margin
44.7%
Net margin
7.4%

NOVT financials

The net income is up by 10% from the previous quarter
Novanta's net margin has increased by 9% from the previous quarter but it has decreased by 5% YoY
Novanta's revenue has increased by 7% YoY
NOVT's operating income is up by 7% year-on-year and by 6% since the previous quarter

Price vs fundamentals

How does NOVT's price correlate with its fundamentals

NOVT Price vs fundamentals

NOVT Earnings waterfall

NOVT Price vs fair value

Growth

What is Novanta's growth rate over time

NOVT growth chart

Valuation

What is Novanta stock price valuation
P/E
62.29
P/B
5.67
P/S
4.6
EV/EBIT
40.03
EV/EBITDA
27.08
EV/Sales
4.94

Valuation vs average

Price to earnings (P/E)

The stock's P/E is 28% less than its 5-year quarterly average of 88.1 and 28% less than its last 4 quarters average of 88.0
The EPS has grown by 10% from the previous quarter

Price to book (P/B)

The price to book (P/B) is 35% lower than the 5-year quarterly average of 8.9 and 24% lower than the last 4 quarters average of 7.6
The equity has increased by 13% YoY and by 3.2% from the previous quarter

Price to sales (P/S)

The stock's price to sales (P/S) is 29% less than its 5-year quarterly average of 6.6 and 22% less than its last 4 quarters average of 6.0
Novanta's revenue has increased by 7% YoY

Efficiency

How efficient is Novanta business performance
The company's return on assets rose by 11% QoQ but it fell by 7% YoY
The ROIC is up by 11% since the previous quarter and by 4.5% year-on-year
The ROE has contracted by 10% YoY but it has grown by 7% from the previous quarter
The ROS has grown by 6% 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

Assets vs liabilities

The total assets is 125% more than the total liabilities
Novanta's total liabilities has decreased by 16% YoY and by 4.2% QoQ
The current ratio has contracted by 10% YoY

Debt vs equity

Novanta's debt is 43% less than its equity
The debt to equity has contracted by 31% YoY and by 10% from the previous quarter
Novanta's debt has decreased by 22% YoY and by 6% from the previous quarter

Balance sheet

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