Novanta Inc. (NOVT)
NASDAQ: NOVT · Real-Time Price · USD
112.95
+1.06 (0.95%)
Nov 26, 2025, 4:00 PM EST - Market closed

Novanta Statistics

Total Valuation

Novanta has a market cap or net worth of $4.04 billion. The enterprise value is $4.46 billion.

Market Cap4.04B
Enterprise Value 4.46B

Important Dates

The last earnings date was Monday, November 3, 2025, before market open.

Earnings Date Nov 3, 2025
Ex-Dividend Date n/a

Share Statistics

Novanta has 35.78 million shares outstanding. The number of shares has decreased by -0.00% in one year.

Current Share Class 35.78M
Shares Outstanding 35.78M
Shares Change (YoY) -0.00%
Shares Change (QoQ) -0.10%
Owned by Insiders (%) 0.86%
Owned by Institutions (%) 99.88%
Float 35.45M

Valuation Ratios

The trailing PE ratio is 77.36 and the forward PE ratio is 32.46. Novanta's PEG ratio is 2.60.

PE Ratio 77.36
Forward PE 32.46
PS Ratio 4.23
Forward PS 2.77
PB Ratio 5.05
P/TBV Ratio n/a
P/FCF Ratio 39.38
P/OCF Ratio 34.59
PEG Ratio 2.60
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 24.69, with an EV/FCF ratio of 43.44.

EV / Earnings 84.38
EV / Sales 4.64
EV / EBITDA 24.69
EV / EBIT 36.75
EV / FCF 43.44

Financial Position

The company has a current ratio of 2.51, with a Debt / Equity ratio of 0.63.

Current Ratio 2.51
Quick Ratio 1.39
Debt / Equity 0.63
Debt / EBITDA 2.62
Debt / FCF 4.92
Interest Coverage 4.98

Financial Efficiency

Return on equity (ROE) is 6.84% and return on invested capital (ROIC) is 5.91%.

Return on Equity (ROE) 6.84%
Return on Assets (ROA) 5.18%
Return on Invested Capital (ROIC) 5.91%
Return on Capital Employed (ROCE) 9.19%
Revenue Per Employee $320,104
Profits Per Employee $17,607
Employee Count3,000
Asset Turnover 0.66
Inventory Turnover 3.16

Taxes

In the past 12 months, Novanta has paid $15.94 million in taxes.

Income Tax 15.94M
Effective Tax Rate 23.18%

Stock Price Statistics

The stock price has decreased by -34.87% in the last 52 weeks. The beta is 1.59, so Novanta's price volatility has been higher than the market average.

Beta (5Y) 1.59
52-Week Price Change -34.87%
50-Day Moving Average 110.49
200-Day Moving Average 121.66
Relative Strength Index (RSI) 52.75
Average Volume (20 Days) 995,846

Short Selling Information

The latest short interest is 1.78 million, so 4.98% of the outstanding shares have been sold short.

Short Interest 1.78M
Short Previous Month 1.71M
Short % of Shares Out 4.98%
Short % of Float 5.02%
Short Ratio (days to cover) 4.31

Income Statement

In the last 12 months, Novanta had revenue of $960.31 million and earned $52.82 million in profits. Earnings per share was $1.46.

Revenue960.31M
Gross Profit 433.02M
Operating Income 121.27M
Pretax Income 68.76M
Net Income 52.82M
EBITDA 180.49M
EBIT 121.27M
Earnings Per Share (EPS) $1.46
Full Income Statement

Balance Sheet

The company has $89.22 million in cash and $505.28 million in debt, giving a net cash position of -$416.06 million or -$11.63 per share.

Cash & Cash Equivalents 89.22M
Total Debt 505.28M
Net Cash -416.06M
Net Cash Per Share -$11.63
Equity (Book Value) 801.48M
Book Value Per Share 22.36
Working Capital 281.56M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $116.81 million and capital expenditures -$14.20 million, giving a free cash flow of $102.61 million.

Operating Cash Flow 116.81M
Capital Expenditures -14.20M
Free Cash Flow 102.61M
FCF Per Share $2.87
Full Cash Flow Statement

Margins

Gross margin is 45.09%, with operating and profit margins of 12.63% and 5.50%.

Gross Margin 45.09%
Operating Margin 12.63%
Pretax Margin 7.16%
Profit Margin 5.50%
EBITDA Margin 18.79%
EBIT Margin 12.63%
FCF Margin 10.68%

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 0.00%
Shareholder Yield 0.00%
Earnings Yield 1.31%
FCF Yield 2.54%
Dividend Details

Analyst Forecast

The average price target for Novanta is $133.00, which is 17.75% higher than the current price. The consensus rating is "Hold".

Price Target $133.00
Price Target Difference 17.75%
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 5.67 and a Piotroski F-Score of 6.

Altman Z-Score 5.67
Piotroski F-Score 6