Novanta Statistics
Total Valuation
Novanta has a market cap or net worth of $5.82 billion. The enterprise value is $6.29 billion.
| Market Cap | 5.82B |
| Enterprise Value | 6.29B |
Important Dates
The last earnings date was Tuesday, May 7, 2024, before market open.
| Earnings Date | May 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Novanta has 35.89 million shares outstanding. The number of shares has increased by 0.36% in one year.
| Shares Outstanding | 35.89M |
| Shares Change (YoY) | +0.36% |
| Shares Change (QoQ) | +0.21% |
| Owned by Insiders (%) | 0.86% |
| Owned by Institutions (%) | 100.12% |
| Float | 35.55M |
Valuation Ratios
The trailing PE ratio is 84.46 and the forward PE ratio is 61.86. Novanta's PEG ratio is 2.11.
| PE Ratio | 84.46 |
| Forward PE | 61.86 |
| PS Ratio | 6.51 |
| Forward PS | 7.62 |
| PB Ratio | 8.54 |
| P/FCF Ratio | 48.52 |
| PEG Ratio | 2.11 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 40.22, with an EV/FCF ratio of 52.45.
| EV / Earnings | 90.82 |
| EV / Sales | 7.04 |
| EV / EBITDA | 40.22 |
| EV / EBIT | 57.91 |
| EV / FCF | 52.45 |
Financial Position
The company has a current ratio of 2.83, with a Debt / Equity ratio of 0.83.
| Current Ratio | 2.83 |
| Quick Ratio | 1.61 |
| Debt / Equity | 0.83 |
| Debt / EBITDA | 3.62 |
| Debt / FCF | 4.72 |
| Interest Coverage | 3.92 |
Financial Efficiency
Return on equity (ROE) is 10.60% and return on invested capital (ROIC) is 7.53%.
| Return on Equity (ROE) | 10.60% |
| Return on Assets (ROA) | 5.50% |
| Return on Capital (ROIC) | 7.53% |
| Revenue Per Employee | $308,087 |
| Profits Per Employee | $23,893 |
| Employee Count | 2,900 |
| Asset Turnover | 0.71 |
| Inventory Turnover | 2.99 |
Taxes
In the past 12 months, Novanta has paid $11.64 million in taxes.
| Income Tax | 11.64M |
| Effective Tax Rate | 14.38% |
Stock Price Statistics
The stock price has decreased by -2.08% in the last 52 weeks. The beta is 1.35, so Novanta's price volatility has been higher than the market average.
| Beta (1Y) | 1.35 |
| 52-Week Price Change | -2.08% |
| 50-Day Moving Average | 163.34 |
| 200-Day Moving Average | 156.10 |
| Relative Strength Index (RSI) | 49.78 |
| Average Volume (30 Days) | 128,063 |
Short Selling Information
The latest short interest is 1.57 million, so 4.38% of the outstanding shares have been sold short.
| Short Interest | 1.57M |
| Short Previous Month | 1.59M |
| Short % of Shares Out | 4.38% |
| Short % of Float | 4.42% |
| Short Ratio (days to cover) | 10.54 |
Income Statement
In the last 12 months, Novanta had revenue of $893.45 million and earned $69.29 million in profits. Earnings per share was $1.92.
| Revenue | 893.45M |
| Gross Profit | 402.69M |
| Operating Income | 109.79M |
| Pretax Income | 80.93M |
| Net Income | 69.29M |
| EBITDA | 156.48M |
| EBIT | 108.67M |
| Earnings Per Share (EPS) | $1.92 |
Balance Sheet
The company has $93.52 million in cash and $565.87 million in debt, giving a net cash position of -$472.35 million or -$13.16 per share.
| Cash & Cash Equivalents | 93.52M |
| Total Debt | 565.87M |
| Net Cash | -472.35M |
| Net Cash Per Share | -$13.16 |
| Equity / Book Value | 681.72M |
| Book Value Per Share | 18.99 |
| Working Capital | 277.41M |
Cash Flow
In the last 12 months, operating cash flow was $142.66 million and capital expenditures -$22.69 million, giving a free cash flow of $119.97 million.
| Operating Cash Flow | 142.66M |
| Capital Expenditures | -22.69M |
| Free Cash Flow | 119.97M |
| FCF Per Share | $3.34 |
Margins
Gross margin is 45.07%, with operating and profit margins of 12.29% and 7.76%.
| Gross Margin | 45.07% |
| Operating Margin | 12.29% |
| Pretax Margin | 9.06% |
| Profit Margin | 7.76% |
| EBITDA Margin | 17.51% |
| EBIT Margin | 12.16% |
| FCF Margin | 13.43% |
Dividends & Yields
Novanta does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -0.36% |
| Shareholder Yield | -0.36% |
| Earnings Yield | 1.19% |
| FCF Yield | 2.06% |
Analyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on December 29, 2010. It was a reverse split with a ratio of 1:3.
| Last Split Date | Dec 29, 2010 |
| Split Type | Reverse |
| Split Ratio | 1:3 |
Scores
Novanta has an Altman Z-Score of 6.13 and a Piotroski F-Score of 5.
| Altman Z-Score | 6.13 |
| Piotroski F-Score | 5 |