Novanta Statistics
Total Valuation
Novanta has a market cap or net worth of $4.55 billion. The enterprise value is $5.00 billion.
| Market Cap | 4.55B |
| Enterprise Value | 5.00B |
Important Dates
The next estimated earnings date is Tuesday, May 6, 2025, before market open.
| Earnings Date | May 6, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Novanta has 35.96 million shares outstanding. The number of shares has increased by 0.26% in one year.
| Current Share Class | 35.96M |
| Shares Outstanding | 35.96M |
| Shares Change (YoY) | +0.26% |
| Shares Change (QoQ) | +0.05% |
| Owned by Insiders (%) | 0.98% |
| Owned by Institutions (%) | 100.62% |
| Float | 35.60M |
Valuation Ratios
The trailing PE ratio is 72.93 and the forward PE ratio is 37.31. Novanta's PEG ratio is 2.98.
| PE Ratio | 72.93 |
| Forward PE | 37.31 |
| PS Ratio | 4.89 |
| Forward PS | 4.52 |
| PB Ratio | 6.22 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 32.84 |
| P/OCF Ratio | 29.28 |
| PEG Ratio | 2.98 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 27.46, with an EV/FCF ratio of 35.36.
| EV / Earnings | 78.00 |
| EV / Sales | 5.27 |
| EV / EBITDA | 27.46 |
| EV / EBIT | 39.52 |
| EV / FCF | 35.36 |
Financial Position
The company has a current ratio of 2.58, with a Debt / Equity ratio of 0.63.
| Current Ratio | 2.58 |
| Quick Ratio | 1.58 |
| Debt / Equity | 0.63 |
| Debt / EBITDA | 2.41 |
| Debt / FCF | 3.33 |
| Interest Coverage | 4.02 |
Financial Efficiency
Return on equity (ROE) is 9.03% and return on invested capital (ROIC) is 6.89%.
| Return on Equity (ROE) | 9.03% |
| Return on Assets (ROA) | 6.05% |
| Return on Invested Capital (ROIC) | 6.89% |
| Return on Capital Employed (ROCE) | 10.36% |
| Revenue Per Employee | $316,415 |
| Profits Per Employee | $21,362 |
| Employee Count | 3,000 |
| Asset Turnover | 0.73 |
| Inventory Turnover | 3.57 |
Taxes
In the past 12 months, Novanta has paid $14.98 million in taxes.
| Income Tax | 14.98M |
| Effective Tax Rate | 18.94% |
Stock Price Statistics
The stock price has decreased by -25.73% in the last 52 weeks. The beta is 1.34, so Novanta's price volatility has been higher than the market average.
| Beta (5Y) | 1.34 |
| 52-Week Price Change | -25.73% |
| 50-Day Moving Average | 143.00 |
| 200-Day Moving Average | 162.93 |
| Relative Strength Index (RSI) | 32.61 |
| Average Volume (20 Days) | 231,738 |
Short Selling Information
The latest short interest is 1.80 million, so 5.00% of the outstanding shares have been sold short.
| Short Interest | 1.80M |
| Short Previous Month | 1.77M |
| Short % of Shares Out | 5.00% |
| Short % of Float | 5.05% |
| Short Ratio (days to cover) | 6.21 |
Income Statement
In the last 12 months, Novanta had revenue of $949.25 million and earned $64.09 million in profits. Earnings per share was $1.77.
| Revenue | 949.25M |
| Gross Profit | 424.32M |
| Operating Income | 126.50M |
| Pretax Income | 72.79M |
| Net Income | 64.09M |
| EBITDA | 182.06M |
| EBIT | 126.50M |
| Earnings Per Share (EPS) | $1.77 |
Balance Sheet
The company has $113.99 million in cash and $471.00 million in debt, giving a net cash position of -$357.01 million or -$9.93 per share.
| Cash & Cash Equivalents | 113.99M |
| Total Debt | 471.00M |
| Net Cash | -357.01M |
| Net Cash Per Share | -$9.93 |
| Equity (Book Value) | 745.70M |
| Book Value Per Share | 20.75 |
| Working Capital | 265.86M |
Cash Flow
In the last 12 months, operating cash flow was $158.51 million and capital expenditures -$17.16 million, giving a free cash flow of $141.35 million.
| Operating Cash Flow | 158.51M |
| Capital Expenditures | -17.16M |
| Free Cash Flow | 141.35M |
| FCF Per Share | $3.93 |
Margins
Gross margin is 44.70%, with operating and profit margins of 13.33% and 6.75%.
| Gross Margin | 44.70% |
| Operating Margin | 13.33% |
| Pretax Margin | 8.33% |
| Profit Margin | 6.75% |
| EBITDA Margin | 19.18% |
| EBIT Margin | 13.33% |
| FCF Margin | 14.89% |
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 | -0.26% |
| Shareholder Yield | -0.26% |
| Earnings Yield | 1.38% |
| FCF Yield | 3.05% |
Analyst Forecast
The average price target for Novanta is $160.00, which is 26.41% higher than the current price. The consensus rating is "Hold".
| Price Target | $160.00 |
| Price Target Difference | 26.41% |
| Analyst Consensus | Hold |
| Analyst Count | 1 |
| 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 0.33333:1.
| Last Split Date | Dec 29, 2010 |
| Split Type | Reverse |
| Split Ratio | 0.33333:1 |
Scores
Novanta has an Altman Z-Score of 7.09 and a Piotroski F-Score of 5.
| Altman Z-Score | 7.09 |
| Piotroski F-Score | 5 |