Novanta Statistics
Total Valuation
Novanta has a market cap or net worth of $5.04 billion. The enterprise value is $4.60 billion.
| Market Cap | 5.04B |
| Enterprise Value | 4.60B |
Important Dates
The next estimated earnings date is Monday, November 2, 2026, before market open.
| Earnings Date | Nov 2, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
Novanta has 37.82 million shares outstanding. The number of shares has increased by 8.23% in one year.
| Current Share Class | 37.82M |
| Shares Outstanding | 37.82M |
| Shares Change (YoY) | +8.23% |
| Shares Change (QoQ) | +0.01% |
| Owned by Insiders (%) | 0.71% |
| Owned by Institutions (%) | 122.30% |
| Float | 37.54M |
Valuation Ratios
The trailing PE ratio is 84.16 and the forward PE ratio is 33.37. Novanta's PEG ratio is 2.67.
| PE Ratio | 84.16 |
| Forward PE | 33.37 |
| PS Ratio | 4.89 |
| Forward PS | n/a |
| PB Ratio | 3.11 |
| P/TBV Ratio | 6.18 |
| P/FCF Ratio | 44.06 |
| P/OCF Ratio | 37.62 |
| PEG Ratio | 2.67 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 25.43, with an EV/FCF ratio of 40.27.
| EV / Earnings | 74.51 |
| EV / Sales | 4.47 |
| EV / EBITDA | 25.43 |
| EV / EBIT | 38.56 |
| EV / FCF | 40.27 |
Financial Position
The company has a current ratio of 4.57, with a Debt / Equity ratio of 0.18.
| Current Ratio | 4.57 |
| Quick Ratio | 3.65 |
| Debt / Equity | 0.18 |
| Debt / EBITDA | 1.47 |
| Debt / FCF | 2.50 |
| Interest Coverage | 9.21 |
Financial Efficiency
Return on equity (ROE) is 5.11% and return on invested capital (ROIC) is 7.72%.
| Return on Equity (ROE) | 5.11% |
| Return on Assets (ROA) | 4.09% |
| Return on Invested Capital (ROIC) | 7.72% |
| Return on Capital Employed (ROCE) | 6.30% |
| Weighted Average Cost of Capital (WACC) | 12.93% |
| Revenue Per Employee | $343,233 |
| Profits Per Employee | $20,588 |
| Employee Count | 3,000 |
| Asset Turnover | 0.56 |
| Inventory Turnover | 3.17 |
Taxes
In the past 12 months, Novanta has paid $17.92 million in taxes.
| Income Tax | 17.92M |
| Effective Tax Rate | 22.49% |
Stock Price Statistics
The stock price has increased by +17.85% in the last 52 weeks. The beta is 1.67, so Novanta's price volatility has been higher than the market average.
| Beta (5Y) | 1.67 |
| 52-Week Price Change | +17.85% |
| 50-Day Moving Average | 148.17 |
| 200-Day Moving Average | 139.10 |
| Relative Strength Index (RSI) | 34.72 |
| Average Volume (20 Days) | 344,680 |
Short Selling Information
The latest short interest is 4.89 million, so 12.94% of the outstanding shares have been sold short.
| Short Interest | 4.89M |
| Short Previous Month | 4.80M |
| Short % of Shares Out | 12.94% |
| Short % of Float | 13.03% |
| Short Ratio (days to cover) | 11.92 |
Income Statement
In the last 12 months, Novanta had revenue of $1.03 billion and earned $61.76 million in profits. Earnings per share was $1.58.
| Revenue | 1.03B |
| Gross Profit | 458.68M |
| Operating Income | 119.36M |
| Pretax Income | 79.69M |
| Net Income | 61.76M |
| EBITDA | 180.95M |
| EBIT | 119.36M |
| Earnings Per Share (EPS) | $1.58 |
Balance Sheet
The company has $718.65 million in cash and $285.60 million in debt, with a net cash position of $433.05 million or $11.45 per share.
| Cash & Cash Equivalents | 718.65M |
| Total Debt | 285.60M |
| Net Cash | 433.05M |
| Net Cash Per Share | $11.45 |
| Equity (Book Value) | 1.62B |
| Book Value Per Share | 42.75 |
| Working Capital | 877.66M |
Cash Flow
In the last 12 months, operating cash flow was $133.84 million and capital expenditures -$19.56 million, giving a free cash flow of $114.28 million.
| Operating Cash Flow | 133.84M |
| Capital Expenditures | -19.56M |
| Depreciation & Amortization | 61.60M |
| Net Borrowing | -333.47M |
| Free Cash Flow | 114.28M |
| FCF Per Share | $3.02 |
Margins
Gross margin is 44.54%, with operating and profit margins of 11.59% and 6.00%.
| Gross Margin | 44.54% |
| Operating Margin | 11.59% |
| Pretax Margin | 7.74% |
| Profit Margin | 6.00% |
| EBITDA Margin | 17.57% |
| EBIT Margin | 11.59% |
| FCF Margin | 11.10% |
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 |
| FCF Payout Ratio | n/a |
| Buyback Yield | -8.23% |
| Shareholder Yield | n/a |
| Earnings Yield | 1.23% |
| FCF Yield | 2.27% |
Analyst Forecast
The average price target for Novanta is $194.50, which is 46.09% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $194.50 |
| Price Target Difference | 46.09% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (3Y) | n/a |
| EPS Growth Forecast (3Y) | n/a |
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 6.62 and a Piotroski F-Score of 6.
| Altman Z-Score | 6.62 |
| Piotroski F-Score | 6 |