Novanta Statistics
Total Valuation
Novanta has a market cap or net worth of $5.51 billion. The enterprise value is $5.94 billion.
| Market Cap | 5.51B |
| Enterprise Value | 5.94B |
Important Dates
The last earnings date was Tuesday, November 5, 2024, before market open.
| Earnings Date | Nov 5, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Novanta has 35.92 million shares outstanding. The number of shares has increased by 0.23% in one year.
| Current Share Class | 35.92M |
| Shares Outstanding | 35.92M |
| Shares Change (YoY) | +0.23% |
| Shares Change (QoQ) | +0.10% |
| Owned by Insiders (%) | 0.87% |
| Owned by Institutions (%) | 99.29% |
| Float | 35.59M |
Valuation Ratios
The trailing PE ratio is 92.46 and the forward PE ratio is 44.62. Novanta's PEG ratio is 3.57.
| PE Ratio | 92.46 |
| Forward PE | 44.62 |
| PS Ratio | 5.98 |
| Forward PS | 5.34 |
| PB Ratio | 7.43 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 48.03 |
| P/OCF Ratio | 40.56 |
| PEG Ratio | 3.57 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 36.09, with an EV/FCF ratio of 51.70.
| EV / Earnings | 98.70 |
| EV / Sales | 6.43 |
| EV / EBITDA | 36.09 |
| EV / EBIT | 53.12 |
| EV / FCF | 51.70 |
Financial Position
The company has a current ratio of 2.79, with a Debt / Equity ratio of 0.69.
| Current Ratio | 2.79 |
| Quick Ratio | 1.64 |
| Debt / Equity | 0.69 |
| Debt / EBITDA | 2.90 |
| Debt / FCF | 4.48 |
| Interest Coverage | 3.66 |
Financial Efficiency
Return on equity (ROE) is 8.67% and return on invested capital (ROIC) is 6.06%.
| Return on Equity (ROE) | 8.67% |
| Return on Assets (ROA) | 5.35% |
| Return on Capital (ROIC) | 6.06% |
| Revenue Per Employee | $318,191 |
| Profits Per Employee | $20,736 |
| Employee Count | 2,900 |
| Asset Turnover | 0.71 |
| Inventory Turnover | 3.36 |
Taxes
In the past 12 months, Novanta has paid $13.88 million in taxes.
| Income Tax | 13.88M |
| Effective Tax Rate | 18.76% |
Stock Price Statistics
The stock price has decreased by -8.55% in the last 52 weeks. The beta is 1.27, so Novanta's price volatility has been higher than the market average.
| Beta (5Y) | 1.27 |
| 52-Week Price Change | -8.55% |
| 50-Day Moving Average | 170.37 |
| 200-Day Moving Average | 169.31 |
| Relative Strength Index (RSI) | 32.86 |
| Average Volume (20 Days) | 215,703 |
Short Selling Information
The latest short interest is 1.67 million, so 4.65% of the outstanding shares have been sold short.
| Short Interest | 1.67M |
| Short Previous Month | 1.72M |
| Short % of Shares Out | 4.65% |
| Short % of Float | 4.70% |
| Short Ratio (days to cover) | 7.57 |
Income Statement
In the last 12 months, Novanta had revenue of $922.75 million and earned $60.13 million in profits. Earnings per share was $1.66.
| Revenue | 922.75M |
| Gross Profit | 404.88M |
| Operating Income | 111.74M |
| Pretax Income | 72.79M |
| Net Income | 60.13M |
| EBITDA | 164.48M |
| EBIT | 111.74M |
| Earnings Per Share (EPS) | $1.66 |
Balance Sheet
The company has $92.69 million in cash and $514.29 million in debt, giving a net cash position of -$421.60 million or -$11.74 per share.
| Cash & Cash Equivalents | 92.69M |
| Total Debt | 514.29M |
| Net Cash | -421.60M |
| Net Cash Per Share | -$11.74 |
| Equity (Book Value) | 742.20M |
| Book Value Per Share | 20.66 |
| Working Capital | 280.33M |
Cash Flow
In the last 12 months, operating cash flow was $135.94 million and capital expenditures -$21.13 million, giving a free cash flow of $114.81 million.
| Operating Cash Flow | 135.94M |
| Capital Expenditures | -21.13M |
| Free Cash Flow | 114.81M |
| FCF Per Share | $3.20 |
Margins
Gross margin is 43.88%, with operating and profit margins of 12.11% and 6.52%.
| Gross Margin | 43.88% |
| Operating Margin | 12.11% |
| Pretax Margin | 8.02% |
| Profit Margin | 6.52% |
| EBITDA Margin | 17.83% |
| EBIT Margin | 12.11% |
| FCF Margin | 12.44% |
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 | -0.23% |
| Shareholder Yield | -0.23% |
| Earnings Yield | 1.09% |
| FCF Yield | 2.08% |
Analyst Forecast
The average price target for Novanta is $169.00, which is 10.10% higher than the current price. The consensus rating is "Hold".
| Price Target | $169.00 |
| Price Target Difference | 10.10% |
| 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 6.53 and a Piotroski F-Score of 4.
| Altman Z-Score | 6.53 |
| Piotroski F-Score | 4 |