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NOVT Novanta Inc

Price (delayed)

$169.79

Market cap

$6.1B

P/E Ratio

101.67

Dividend/share

N/A

EPS

$1.67

Enterprise value

$6.52B

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 15% YoY and by 6% from the previous quarter
The quick ratio rose by 3.8% year-on-year and by 3.1% since the previous quarter
Novanta's debt has increased by 28% YoY but it has decreased by 4.3% from the previous quarter
The EPS has contracted by 21% YoY and by 3.5% from the previous quarter
The net income is down by 20% YoY and by 3.3% from the previous quarter

Key stats

What are the main financial stats of NOVT
Market
Shares outstanding
35.92M
Market cap
$6.1B
Enterprise value
$6.52B
Valuations
Price to book (P/B)
8.21
Price to sales (P/S)
6.62
EV/EBIT
62.34
EV/EBITDA
41.43
EV/Sales
7.06
Earnings
Revenue
$922.75M
EBIT
$104.54M
EBITDA
$157.28M
Free cash flow
$114.88M
Per share
EPS
$1.67
Free cash flow per share
$3.19
Book value per share
$20.67
Revenue per share
$25.66
TBVPS
$17.42
Balance sheet
Total assets
$1.42B
Total liabilities
$676.63M
Debt
$510.17M
Equity
$742.2M
Working capital
$280.33M
Liquidity
Debt to equity
0.69
Current ratio
2.79
Quick ratio
1.64
Net debt/EBITDA
2.65
Margins
EBITDA margin
17%
Gross margin
44.4%
Net margin
6.5%
Operating margin
11.4%
Efficiency
Return on assets
4.4%
Return on equity
8.6%
Return on invested capital
12.1%
Return on capital employed
8.3%
Return on sales
11.3%
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
3.08%
1 week
0.95%
1 month
-1.28%
1 year
17.68%
YTD
0.82%
QTD
-5.1%

Financial performance

How have Novanta's revenue and profit performed over time
Revenue
$922.75M
Gross profit
$409.88M
Operating income
$105.55M
Net income
$60.13M
Gross margin
44.4%
Net margin
6.5%
Novanta's net margin has decreased by 24% YoY and by 6% from the previous quarter
The net income is down by 20% YoY and by 3.3% from the previous quarter
Novanta's operating margin has decreased by 12% YoY
NOVT's operating income is down by 9% year-on-year but it is up by 2.2% since the previous quarter

Growth

What is Novanta's growth rate over time

Valuation

What is Novanta stock price valuation
P/E
101.67
P/B
8.21
P/S
6.62
EV/EBIT
62.34
EV/EBITDA
41.43
EV/Sales
7.06
The EPS has contracted by 21% YoY and by 3.5% from the previous quarter
The stock's P/E is 17% more than its 5-year quarterly average of 87.2 and 9% more than its last 4 quarters average of 93.4
The equity has increased by 15% YoY and by 6% from the previous quarter
The price to book (P/B) is 8% lower than the 5-year quarterly average of 8.9 and 7% lower than the last 4 quarters average of 8.8
Novanta's revenue has increased by 3.9% YoY and by 2.5% from the previous quarter
The stock's price to sales (P/S) is 2.6% less than its last 4 quarters average of 6.8

Efficiency

How efficient is Novanta business performance
The ROE has contracted by 31% YoY and by 7% from the previous quarter
The company's return on assets fell by 29% YoY and by 8% QoQ
The ROIC is down by 14% year-on-year
The ROS has contracted by 11% YoY

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 110% more than the total liabilities
Novanta's total liabilities has increased by 23% YoY but it has decreased by 2.9% QoQ
The total assets has grown by 19% YoY
Novanta's debt is 31% less than its equity
Novanta's debt has increased by 28% YoY but it has decreased by 4.3% from the previous quarter
The equity has increased by 15% YoY and by 6% from the previous quarter

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