Novanta Statistics
Total Valuation
Novanta has a market cap or net worth of $5.71 billion. The enterprise value is $6.01 billion.
| Market Cap | 5.71B |
| Enterprise Value | 6.01B |
Important Dates
The next confirmed earnings date is Tuesday, May 7, 2024, before market open.
| Earnings Date | May 7, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Novanta has 35.85 million shares outstanding. The number of shares has increased by 0.34% in one year.
| Shares Outstanding | 35.85M |
| Shares Change (YoY) | +0.34% |
| Shares Change (QoQ) | +0.03% |
| Owned by Insiders (%) | 0.86% |
| Owned by Institutions (%) | 101.49% |
| Float | 35.50M |
Valuation Ratios
The trailing PE ratio is 78.90 and the forward PE ratio is 48.08. Novanta's PEG ratio is 2.11.
| PE Ratio | 78.90 |
| Forward PE | 48.08 |
| PS Ratio | 6.48 |
| Forward PS | 5.66 |
| PB Ratio | 8.48 |
| P/FCF Ratio | 57.03 |
| PEG Ratio | 2.11 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 38.47, with an EV/FCF ratio of 59.97.
| EV / Earnings | 82.44 |
| EV / Sales | 6.81 |
| EV / EBITDA | 38.47 |
| EV / EBIT | 54.83 |
| EV / FCF | 59.97 |
Financial Position
The company has a current ratio of 2.98, with a Debt / Equity ratio of 0.59.
| Current Ratio | 2.98 |
| Quick Ratio | 1.76 |
| Debt / Equity | 0.59 |
| Debt / EBITDA | 2.56 |
| Debt / FCF | 3.99 |
| Interest Coverage | 4.24 |
Financial Efficiency
Return on equity (ROE) is 11.50% and return on invested capital (ROIC) is 8.96%.
| Return on Equity (ROE) | 11.50% |
| Return on Assets (ROA) | 6.00% |
| Return on Capital (ROIC) | 8.96% |
| Revenue Per Employee | $304,021 |
| Profits Per Employee | $25,130 |
| Employee Count | 2,900 |
| Asset Turnover | 0.72 |
| Inventory Turnover | 3.04 |
Taxes
In the past 12 months, Novanta has paid $10.87 million in taxes.
| Income Tax | 10.87M |
| Effective Tax Rate | 12.98% |
Stock Price Statistics
The stock price has increased by +0.59% in the last 52 weeks. The beta is 1.33, so Novanta's price volatility has been higher than the market average.
| Beta (1Y) | 1.33 |
| 52-Week Price Change | +0.59% |
| 50-Day Moving Average | 166.80 |
| 200-Day Moving Average | 157.56 |
| Relative Strength Index (RSI) | 44.81 |
| Average Volume (30 Days) | 132,837 |
Short Selling Information
The latest short interest is 1.72 million, so 4.80% of the outstanding shares have been sold short.
| Short Interest | 1.72M |
| Short Previous Month | 1.65M |
| Short % of Shares Out | 4.80% |
| Short % of Float | 4.85% |
| Short Ratio (days to cover) | 11.61 |
Income Statement
In the last 12 months, Novanta had revenue of $881.66 million and earned $72.88 million in profits. Earnings per share was $2.02.
| Revenue | 881.66M |
| Gross Profit | 399.90M |
| Operating Income | 110.50M |
| Pretax Income | 83.75M |
| Net Income | 72.88M |
| EBITDA | 156.18M |
| EBIT | 109.57M |
| Earnings Per Share (EPS) | $2.02 |
Balance Sheet
The company has $105.05 million in cash and $399.91 million in debt, giving a net cash position of -$294.86 million or -$8.23 per share.
| Cash & Cash Equivalents | 105.05M |
| Total Debt | 399.91M |
| Net Cash | -294.86M |
| Net Cash Per Share | -$8.23 |
| Equity / Book Value | 673.46M |
| Book Value Per Share | 18.79 |
| Working Capital | 276.12M |
Cash Flow
In the last 12 months, operating cash flow was $120.08 million and capital expenditures -$19.89 million, giving a free cash flow of $100.18 million.
| Operating Cash Flow | 120.08M |
| Capital Expenditures | -19.89M |
| Free Cash Flow | 100.18M |
| FCF Per Share | $2.80 |
Margins
Gross margin is 45.36%, with operating and profit margins of 12.53% and 8.27%.
| Gross Margin | 45.36% |
| Operating Margin | 12.53% |
| Pretax Margin | 9.50% |
| Profit Margin | 8.27% |
| EBITDA Margin | 17.71% |
| EBIT Margin | 12.43% |
| FCF Margin | 11.36% |
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 | -0.34% |
| Shareholder Yield | -0.34% |
| Earnings Yield | 1.28% |
| FCF Yield | 1.75% |
Analyst Forecast
The average price target for Novanta is $161.00, which is 1.02% higher than the current price. The consensus rating is "Hold".
| Price Target | $161.00 |
| Price Target Difference | 1.02% |
| 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 1:3.
| Last Split Date | Dec 29, 2010 |
| Split Type | Reverse |
| Split Ratio | 1:3 |
Scores
Novanta has an Altman Z-Score of 7.72 and a Piotroski F-Score of 8.
| Altman Z-Score | 7.72 |
| Piotroski F-Score | 8 |