Novanta Inc. (NOVT)
NASDAQ: NOVT · Real-Time Price · USD
126.31
+3.17 (2.57%)
At close: Mar 11, 2026, 4:00 PM EDT
126.31
0.00 (0.00%)
After-hours: Mar 11, 2026, 4:40 PM EDT

Novanta Statistics

Total Valuation

Novanta has a market cap or net worth of $4.51 billion. The enterprise value is $4.43 billion.

Market Cap4.51B
Enterprise Value 4.43B

Important Dates

The last earnings date was Monday, February 23, 2026, after market close.

Earnings Date Feb 23, 2026
Ex-Dividend Date n/a

Share Statistics

Novanta has 35.68 million shares outstanding. The number of shares has increased by 1.60% in one year.

Current Share Class 35.68M
Shares Outstanding 35.68M
Shares Change (YoY) +1.60%
Shares Change (QoQ) +7.33%
Owned by Insiders (%) 0.85%
Owned by Institutions (%) 112.64%
Float 35.37M

Valuation Ratios

The trailing PE ratio is 85.93 and the forward PE ratio is 35.45. Novanta's PEG ratio is 2.84.

PE Ratio 85.93
Forward PE 35.45
PS Ratio 4.60
Forward PS 4.23
PB Ratio 3.43
P/TBV Ratio 9.27
P/FCF Ratio 93.07
P/OCF Ratio 70.36
PEG Ratio 2.84
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 24.88, with an EV/FCF ratio of 91.46.

EV / Earnings 82.28
EV / Sales 4.52
EV / EBITDA 24.88
EV / EBIT 38.15
EV / FCF 91.46

Financial Position

The company has a current ratio of 3.69, with a Debt / Equity ratio of 0.23.

Current Ratio 3.69
Quick Ratio 2.66
Debt / Equity 0.23
Debt / EBITDA 1.59
Debt / FCF 6.25
Interest Coverage 5.41

Financial Efficiency

Return on equity (ROE) is 5.23% and return on invested capital (ROIC) is 7.32%.

Return on Equity (ROE) 5.23%
Return on Assets (ROA) 4.54%
Return on Invested Capital (ROIC) 7.32%
Return on Capital Employed (ROCE) 7.28%
Weighted Average Cost of Capital (WACC) 12.74%
Revenue Per Employee $326,867
Profits Per Employee $17,943
Employee Count3,000
Asset Turnover 0.61
Inventory Turnover 3.28

Taxes

In the past 12 months, Novanta has paid $15.81 million in taxes.

Income Tax 15.81M
Effective Tax Rate 22.71%

Stock Price Statistics

The stock price has decreased by -12.79% in the last 52 weeks. The beta is 1.63, so Novanta's price volatility has been higher than the market average.

Beta (5Y) 1.63
52-Week Price Change -12.79%
50-Day Moving Average 134.35
200-Day Moving Average 121.95
Relative Strength Index (RSI) 34.88
Average Volume (20 Days) 439,801

Short Selling Information

The latest short interest is 3.48 million, so 9.74% of the outstanding shares have been sold short.

Short Interest 3.48M
Short Previous Month 3.57M
Short % of Shares Out 9.74%
Short % of Float 9.83%
Short Ratio (days to cover) 8.37

Income Statement

In the last 12 months, Novanta had revenue of $980.60 million and earned $53.83 million in profits. Earnings per share was $1.47.

Revenue980.60M
Gross Profit 435.28M
Operating Income 116.10M
Pretax Income 69.64M
Net Income 53.83M
EBITDA 178.03M
EBIT 116.10M
Earnings Per Share (EPS) $1.47
Full Income Statement

Balance Sheet

The company has $380.87 million in cash and $302.74 million in debt, with a net cash position of $78.14 million or $2.19 per share.

Cash & Cash Equivalents 380.87M
Total Debt 302.74M
Net Cash 78.14M
Net Cash Per Share $2.19
Equity (Book Value) 1.31B
Book Value Per Share 36.84
Working Capital 570.23M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $64.06 million and capital expenditures -$15.63 million, giving a free cash flow of $48.43 million.

Operating Cash Flow 64.06M
Capital Expenditures -15.63M
Free Cash Flow 48.43M
FCF Per Share $1.36
Full Cash Flow Statement

Margins

Gross margin is 44.39%, with operating and profit margins of 11.84% and 5.49%.

Gross Margin 44.39%
Operating Margin 11.84%
Pretax Margin 7.10%
Profit Margin 5.49%
EBITDA Margin 18.16%
EBIT Margin 11.84%
FCF Margin 4.94%

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 -1.60%
Shareholder Yield -1.60%
Earnings Yield 1.19%
FCF Yield 1.07%

Analyst Forecast

The average price target for Novanta is $133.00, which is 5.30% higher than the current price. The consensus rating is "Hold".

Price Target $133.00
Price Target Difference 5.30%
Analyst Consensus Hold
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

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 6.82 and a Piotroski F-Score of 6.

Altman Z-Score 6.82
Piotroski F-Score 6