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NASDAQ: NOVT
Novanta Inc Stock

$163.00-1.55 (-0.94%)
Updated May 17, 2024
NOVT Price
$163.00
Fair Value Price
$51.05
Market Cap
$5.85B
52 Week Low
$111.20
52 Week High
$187.61
P/E
84.46x
P/B
8.58x
P/S
7.03x
PEG
32.51x
Dividend Yield
N/A
Revenue
$893.45M
Earnings
$69.29M
Gross Margin
45.1%
Operating Margin
12.16%
Profit Margin
7.8%
Debt to Equity
1.07
Operating Cash Flow
$143M
Beta
1.26
Next Earnings
Jun 5, 2024
Ex-Dividend
N/A
Next Dividend
N/A

NOVT Overview

Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. The company's Photonics segment offers photonics-based solutions, including laser scanning and beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. It's Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless technologies, video recorders, and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. In addition, its Precision Motion segment offers optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, air bearings, and air bearing spindles. The company sells its products through its direct sales force, resellers, distributors, and system integrators under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, Celera Motion, MicroE, Zettlex, Applimotion, Ingenia, and Westwind brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts.

Zen Score

Industry Average (26)
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Due Diligence Checks

NOVT ($163.00) is overvalued by 219.29% relative to our estimate of its Fair Value price of $51.05 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
NOVT ($163.00) is not significantly undervalued (219.29%) relative to our estimate of its Fair Value price of $51.05 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
NOVT ($163.00) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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NOVT News

Valuation

NOVT fair value

Fair Value of NOVT stock based on Discounted Cash Flow (DCF)
Price
$163.00
Fair Value
$51.05
Overvalued by
219.29%
NOVT ($163.00) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
NOVT ($163.00) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
NOVT ($163.00) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

NOVT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
84.46x
Industry
13.63x
Market
30.97x
NOVT is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
NOVT is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

NOVT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
8.58x
Industry
3.31x
NOVT is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

NOVT price to earnings growth (PEG)

For valuing profitable companies with growth potential
NOVT is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

NOVT's financial health

Profit margin

Revenue
$230.9M
Net Income
$14.7M
Profit Margin
6.4%
NOVT's Earnings (EBIT) of $108.67M... subscribe to Premium to read more.
Interest Coverage Financials
NOVT's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.4B
Liabilities
$728.9M
Debt to equity
1.07
NOVT's short-term assets ($428.82M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
NOVT's long-term liabilities ($577.47M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
NOVT's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
NOVT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$32.8M
Investing
-$197.6M
Financing
$153.5M
NOVT's operating cash flow ($142.66M)... subscribe to Premium to read more.
Debt Coverage Financials

NOVT vs Scientific & Technical Instrument Stocks

TickerMarket Cap1d %P/EP/B
NOVT$5.85B-0.94%84.46x8.58x
BMI$5.80B+0.45%56.51x10.82x
VNT$6.14B-0.95%14.20x6.23x
ST$6.45B+0.30%-475.22x2.17x
ITRI$5.00B+0.40%31.07x3.67x

Novanta Stock FAQ

What is Novanta's quote symbol?

(NASDAQ: NOVT) Novanta trades on the NASDAQ under the ticker symbol NOVT. Novanta stock quotes can also be displayed as NASDAQ: NOVT.

If you're new to stock investing, here's how to buy Novanta stock.

What is the 52 week high and low for Novanta (NASDAQ: NOVT)?

(NASDAQ: NOVT) Novanta's 52-week high was $187.61, and its 52-week low was $111.20. It is currently -13.12% from its 52-week high and 46.58% from its 52-week low.

How much is Novanta stock worth today?

(NASDAQ: NOVT) Novanta currently has 35,893,906 outstanding shares. With Novanta stock trading at $163.00 per share, the total value of Novanta stock (market capitalization) is $5.85B.

Novanta stock was originally listed at a price of $51.75 in Dec 31, 1997. If you had invested in Novanta stock at $51.75, your return over the last 26 years would have been 214.98%, for an annualized return of 4.51% (not including any dividends or dividend reinvestments).

How much is Novanta's stock price per share?

(NASDAQ: NOVT) Novanta stock price per share is $163.00 today (as of May 17, 2024).

What is Novanta's Market Cap?

(NASDAQ: NOVT) Novanta's market cap is $5.85B, as of May 18, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Novanta's market cap is calculated by multiplying NOVT's current stock price of $163.00 by NOVT's total outstanding shares of 35,893,906.
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