NOVANTA INC - NOVT 6 1/2 11/01/28 (NOVTU) Stock Fundamental Analysis

NASDAQ:NOVTU • CA67000B2030

58.8 USD
-0.75 (-1.26%)
At close: Feb 25, 2026
58.853 USD
+0.05 (+0.09%)
After Hours: 2/25/2026, 5:14:44 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Taking everything into account, NOVTU scores 5 out of 10 in our fundamental rating. NOVTU was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. NOVTU scores excellent on profitability, but there are some minor concerns on its financial health. NOVTU has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • NOVTU had positive earnings in the past year.
  • In the past year NOVTU had a positive cash flow from operations.
  • In the past 5 years NOVTU has always been profitable.
  • NOVTU had a positive operating cash flow in each of the past 5 years.
NOVTU Yearly Net Income VS EBIT VS OCF VS FCFNOVTU Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

1.2 Ratios

  • With a decent Return On Assets value of 3.51%, NOVTU is doing good in the industry, outperforming 65.32% of the companies in the same industry.
  • NOVTU's Return On Equity of 6.59% is fine compared to the rest of the industry. NOVTU outperforms 62.10% of its industry peers.
  • NOVTU has a Return On Invested Capital of 7.59%. This is in the better half of the industry: NOVTU outperforms 75.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for NOVTU is in line with the industry average of 8.85%.
Industry RankSector Rank
ROA 3.51%
ROE 6.59%
ROIC 7.59%
ROA(3y)5.51%
ROA(5y)5.15%
ROE(3y)10.75%
ROE(5y)10.25%
ROIC(3y)8.83%
ROIC(5y)7.95%
NOVTU Yearly ROA, ROE, ROICNOVTU Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • The Profit Margin of NOVTU (5.50%) is better than 71.77% of its industry peers.
  • In the last couple of years the Profit Margin of NOVTU has remained more or less at the same level.
  • NOVTU's Operating Margin of 12.40% is fine compared to the rest of the industry. NOVTU outperforms 79.84% of its industry peers.
  • In the last couple of years the Operating Margin of NOVTU has grown nicely.
  • NOVTU's Gross Margin of 44.80% is fine compared to the rest of the industry. NOVTU outperforms 78.23% of its industry peers.
  • NOVTU's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 12.4%
PM (TTM) 5.5%
GM 44.8%
OM growth 3Y4.07%
OM growth 5Y2.66%
PM growth 3Y-1.74%
PM growth 5Y0.71%
GM growth 3Y1.49%
GM growth 5Y1.19%
NOVTU Yearly Profit, Operating, Gross MarginsNOVTU Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • NOVTU has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • The number of shares outstanding for NOVTU has been increased compared to 1 year ago.
  • NOVTU has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, NOVTU has a worse debt to assets ratio.
NOVTU Yearly Shares OutstandingNOVTU Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
NOVTU Yearly Total Debt VS Total AssetsNOVTU Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

  • NOVTU has an Altman-Z score of 3.22. This indicates that NOVTU is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of NOVTU (3.22) is comparable to the rest of the industry.
  • NOVTU has a debt to FCF ratio of 4.43. This is a neutral value as NOVTU would need 4.43 years to pay back of all of its debts.
  • NOVTU has a better Debt to FCF ratio (4.43) than 66.13% of its industry peers.
  • A Debt/Equity ratio of 0.56 indicates that NOVTU is somewhat dependend on debt financing.
  • NOVTU has a worse Debt to Equity ratio (0.56) than 75.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.56
Debt/FCF 4.43
Altman-Z 3.22
ROIC/WACC0.8
WACC9.5%
NOVTU Yearly LT Debt VS Equity VS FCFNOVTU Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

2.3 Liquidity

  • A Current Ratio of 2.51 indicates that NOVTU has no problem at all paying its short term obligations.
  • NOVTU has a Current ratio of 2.51. This is comparable to the rest of the industry: NOVTU outperforms 50.81% of its industry peers.
  • NOVTU has a Quick Ratio of 1.54. This is a normal value and indicates that NOVTU is financially healthy and should not expect problems in meeting its short term obligations.
  • NOVTU has a Quick ratio of 1.54. This is comparable to the rest of the industry: NOVTU outperforms 44.35% of its industry peers.
Industry RankSector Rank
Current Ratio 2.51
Quick Ratio 1.54
NOVTU Yearly Current Assets VS Current LiabilitesNOVTU Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • NOVTU shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.10%.
  • NOVTU shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.45% yearly.
  • NOVTU shows a small growth in Revenue. In the last year, the Revenue has grown by 4.07%.
  • Measured over the past years, NOVTU shows a quite strong growth in Revenue. The Revenue has been growing by 8.68% on average per year.
EPS 1Y (TTM)6.1%
EPS 3Y5.54%
EPS 5Y7.45%
EPS Q2Q%2.35%
Revenue 1Y (TTM)4.07%
Revenue growth 3Y10.33%
Revenue growth 5Y8.68%
Sales Q2Q%1.4%

3.2 Future

  • NOVTU is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.82% yearly.
  • NOVTU is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.48% yearly.
EPS Next Y7.74%
EPS Next 2Y9.39%
EPS Next 3Y10.82%
EPS Next 5YN/A
Revenue Next Year2.77%
Revenue Next 2Y4.71%
Revenue Next 3Y5.48%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
NOVTU Yearly Revenue VS EstimatesNOVTU Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
NOVTU Yearly EPS VS EstimatesNOVTU Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3 4

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Find the best growth stocksShow best growing peers

6

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 18.79, NOVTU is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Earnings ratio of NOVTU indicates a rather cheap valuation: NOVTU is cheaper than 80.65% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of NOVTU to the average of the S&P500 Index (27.05), we can say NOVTU is valued slightly cheaper.
  • A Price/Forward Earnings ratio of 15.95 indicates a correct valuation of NOVTU.
  • NOVTU's Price/Forward Earnings ratio is rather cheap when compared to the industry. NOVTU is cheaper than 80.65% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of NOVTU to the average of the S&P500 Index (28.03), we can say NOVTU is valued slightly cheaper.
Industry RankSector Rank
PE 18.79
Fwd PE 15.95
NOVTU Price Earnings VS Forward Price EarningsNOVTU Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, NOVTU is valued a bit cheaper than 77.42% of the companies in the same industry.
  • 83.06% of the companies in the same industry are more expensive than NOVTU, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 20.5
EV/EBITDA 14
NOVTU Per share dataNOVTU EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20 25

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • NOVTU has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.43
PEG (5Y)2.52
EPS Next 2Y9.39%
EPS Next 3Y10.82%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

2

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 1.20%, NOVTU has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 0.46, NOVTU pays a better dividend. On top of this NOVTU pays more dividend than 88.71% of the companies listed in the same industry.
  • Compared to the average S&P500 Dividend Yield of 1.80, NOVTU is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.2%

5.2 History

  • NOVTU is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr YearsN/A
Div Non Decr YearsN/A
NOVTU Yearly Dividends per shareNOVTU Yearly Dividends per shareYearly Dividends per share 2026 0.2 0.4 0.6

5.3 Sustainability

DPN/A
EPS Next 2Y9.39%
EPS Next 3Y10.82%
NOVTU Yearly Income VS Free CF VS DividendNOVTU Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M

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Find the best dividend stocksShow peers with best dividend

NOVANTA INC - NOVT 6 1/2 11/01/28

NASDAQ:NOVTU (2/25/2026, 5:14:44 PM)

After market: 58.853 +0.05 (+0.09%)

58.8

-0.75 (-1.26%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-24
Earnings (Next)05-04
Inst Owners102.56%
Inst Owner ChangeN/A
Ins Owners1.01%
Ins Owner ChangeN/A
Market Cap2.10B
Revenue(TTM)960.31M
Net Income(TTM)52.82M
Analysts80
Price Target68.89 (17.16%)
Short Float %0.14%
Short Ratio0.25
Dividend
Industry RankSector Rank
Dividend Yield 1.2%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-Date01-30
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.02%
Min EPS beat(2)1.6%
Max EPS beat(2)4.44%
EPS beat(4)4
Avg EPS beat(4)4.56%
Min EPS beat(4)1.6%
Max EPS beat(4)7.75%
EPS beat(8)6
Avg EPS beat(8)5.44%
EPS beat(12)10
Avg EPS beat(12)6.49%
EPS beat(16)14
Avg EPS beat(16)6.68%
Revenue beat(2)0
Avg Revenue beat(2)-0.97%
Min Revenue beat(2)-1.21%
Max Revenue beat(2)-0.72%
Revenue beat(4)0
Avg Revenue beat(4)-1.69%
Min Revenue beat(4)-2.87%
Max Revenue beat(4)-0.72%
Revenue beat(8)0
Avg Revenue beat(8)-1.39%
Revenue beat(12)1
Avg Revenue beat(12)-1.08%
Revenue beat(16)5
Avg Revenue beat(16)-0.43%
PT rev (1m)-0.56%
PT rev (3m)N/A
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.31%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)-0.01%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 18.79
Fwd PE 15.95
P/S 2.19
P/FCF 20.5
P/OCF 18.01
P/B 2.62
P/tB N/A
EV/EBITDA 14
EPS(TTM)3.13
EY5.32%
EPS(NY)3.69
Fwd EY6.27%
FCF(TTM)2.87
FCFY4.88%
OCF(TTM)3.26
OCFY5.55%
SpS26.84
BVpS22.4
TBVpS-1.1
PEG (NY)2.43
PEG (5Y)2.52
Graham Number39.72
Profitability
Industry RankSector Rank
ROA 3.51%
ROE 6.59%
ROCE 9.03%
ROIC 7.59%
ROICexc 8.14%
ROICexgc 25.72%
OM 12.4%
PM (TTM) 5.5%
GM 44.8%
FCFM 10.69%
ROA(3y)5.51%
ROA(5y)5.15%
ROE(3y)10.75%
ROE(5y)10.25%
ROIC(3y)8.83%
ROIC(5y)7.95%
ROICexc(3y)9.75%
ROICexc(5y)8.94%
ROICexgc(3y)29.5%
ROICexgc(5y)29.04%
ROCE(3y)10.5%
ROCE(5y)9.46%
ROICexgc growth 3Y0.54%
ROICexgc growth 5Y2%
ROICexc growth 3Y8.22%
ROICexc growth 5Y0.49%
OM growth 3Y4.07%
OM growth 5Y2.66%
PM growth 3Y-1.74%
PM growth 5Y0.71%
GM growth 3Y1.49%
GM growth 5Y1.19%
F-Score5
Asset Turnover0.64
Health
Industry RankSector Rank
Debt/Equity 0.56
Debt/FCF 4.43
Debt/EBITDA 2.51
Cap/Depr 23.99%
Cap/Sales 1.48%
Interest Coverage 4.73
Cash Conversion 65.52%
Profit Quality 194.25%
Current Ratio 2.51
Quick Ratio 1.54
Altman-Z 3.22
F-Score5
WACC9.5%
ROIC/WACC0.8
Cap/Depr(3y)36.85%
Cap/Depr(5y)36.81%
Cap/Sales(3y)2.12%
Cap/Sales(5y)2.19%
Profit Quality(3y)151.34%
Profit Quality(5y)178.76%
High Growth Momentum
Growth
EPS 1Y (TTM)6.1%
EPS 3Y5.54%
EPS 5Y7.45%
EPS Q2Q%2.35%
EPS Next Y7.74%
EPS Next 2Y9.39%
EPS Next 3Y10.82%
EPS Next 5YN/A
Revenue 1Y (TTM)4.07%
Revenue growth 3Y10.33%
Revenue growth 5Y8.68%
Sales Q2Q%1.4%
Revenue Next Year2.77%
Revenue Next 2Y4.71%
Revenue Next 3Y5.48%
Revenue Next 5YN/A
EBIT growth 1Y1.33%
EBIT growth 3Y14.82%
EBIT growth 5Y11.57%
EBIT Next Year33.56%
EBIT Next 3Y16.98%
EBIT Next 5YN/A
FCF growth 1Y-1.15%
FCF growth 3Y23.74%
FCF growth 5Y21.91%
OCF growth 1Y-4.02%
OCF growth 3Y18.77%
OCF growth 5Y20.19%

NOVANTA INC - NOVT 6 1/2 11/01/28 / NOVTU FAQ

Can you provide the ChartMill fundamental rating for NOVANTA INC - NOVT 6 1/2 11/01/28?

ChartMill assigns a fundamental rating of 5 / 10 to NOVTU.


Can you provide the valuation status for NOVANTA INC - NOVT 6 1/2 11/01/28?

ChartMill assigns a valuation rating of 6 / 10 to NOVANTA INC - NOVT 6 1/2 11/01/28 (NOVTU). This can be considered as Fairly Valued.


Can you provide the profitability details for NOVANTA INC - NOVT 6 1/2 11/01/28?

NOVANTA INC - NOVT 6 1/2 11/01/28 (NOVTU) has a profitability rating of 7 / 10.


Can you provide the financial health for NOVTU stock?

The financial health rating of NOVANTA INC - NOVT 6 1/2 11/01/28 (NOVTU) is 4 / 10.


What is the expected EPS growth for NOVANTA INC - NOVT 6 1/2 11/01/28 (NOVTU) stock?

The Earnings per Share (EPS) of NOVANTA INC - NOVT 6 1/2 11/01/28 (NOVTU) is expected to grow by 7.74% in the next year.