60.25 USD
+0.51 (+0.85%)
Last: Feb 2, 2026, 08:27 PM
Taking everything into account, NOVTU scores 5 out of 10 in our fundamental rating. NOVTU was compared to 123 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year NOVTU was profitable.
- NOVTU had a positive operating cash flow in the past year.
- Each year in the past 5 years NOVTU has been profitable.
- Each year in the past 5 years NOVTU had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of NOVTU (3.51%) is better than 65.04% of its industry peers.
- NOVTU has a better Return On Equity (6.59%) than 62.60% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 7.59%, NOVTU is in the better half of the industry, outperforming 75.61% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for NOVTU is in line with the industry average of 8.85%.
| Industry Rank | Sector 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%
1.3 Margins
- NOVTU has a Profit Margin of 5.50%. This is in the better half of the industry: NOVTU outperforms 71.54% of its industry peers.
- NOVTU's Profit Margin has been stable in the last couple of years.
- With an excellent Operating Margin value of 12.40%, NOVTU belongs to the best of the industry, outperforming 80.49% of the companies in the same industry.
- 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 78.05% of its industry peers.
- In the last couple of years the Gross Margin of NOVTU has remained more or less at the same level.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NOVTU 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.
- The debt/assets ratio for NOVTU is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 3.23 indicates that NOVTU is not in any danger for bankruptcy at the moment.
- With a Altman-Z score value of 3.23, NOVTU perfoms like the industry average, outperforming 49.59% of the companies in the same industry.
- The Debt to FCF ratio of NOVTU is 4.43, which is a neutral value as it means it would take NOVTU, 4.43 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 4.43, NOVTU is in the better half of the industry, outperforming 65.85% of the companies in the same industry.
- A Debt/Equity ratio of 0.56 indicates that NOVTU is somewhat dependend on debt financing.
- The Debt to Equity ratio of NOVTU (0.56) is worse than 73.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 4.43 | ||
| Altman-Z | 3.23 |
ROIC/WACC0.52
WACC14.51%
2.3 Liquidity
- NOVTU has a Current Ratio of 2.51. This indicates that NOVTU is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 2.51, NOVTU is in line with its industry, outperforming 52.85% of the companies in the same industry.
- 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 46.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.51 | ||
| Quick Ratio | 1.54 |
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%.
- The Earnings Per Share has been growing slightly by 7.45% on average over the past years.
- Looking at the last year, NOVTU shows a small growth in Revenue. The Revenue has grown by 4.07% in the last year.
- The Revenue has been growing by 8.68% on average over the past years. This is quite good.
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
- Based on estimates for the next years, NOVTU will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.73% on average per year.
- The Revenue is expected to grow by 5.48% on average over the next years.
EPS Next Y8.07%
EPS Next 2Y9.99%
EPS Next 3Y10.73%
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.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 19.25 indicates a rather expensive valuation of NOVTU.
- Based on the Price/Earnings ratio, NOVTU is valued cheaply inside the industry as 81.30% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 28.41. NOVTU is valued slightly cheaper when compared to this.
- The Price/Forward Earnings ratio is 16.17, which indicates a correct valuation of NOVTU.
- 82.93% of the companies in the same industry are more expensive than NOVTU, based on the Price/Forward Earnings ratio.
- When comparing the Price/Forward Earnings ratio of NOVTU to the average of the S&P500 Index (25.64), we can say NOVTU is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.25 | ||
| Fwd PE | 16.17 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NOVTU indicates a somewhat cheap valuation: NOVTU is cheaper than 75.61% of the companies listed in the same industry.
- 82.93% of the companies in the same industry are more expensive than NOVTU, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.01 | ||
| EV/EBITDA | 14.04 |
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)2.38
PEG (5Y)2.58
EPS Next 2Y9.99%
EPS Next 3Y10.73%
5. Dividend
5.1 Amount
- NOVTU does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
NOVANTA INC - NOVT 6 1/2 11/01/28
NASDAQ:NOVTU (2/2/2026, 8:27:38 PM)
60.25
+0.51 (+0.85%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)11-03 2025-11-03/amc
Earnings (Next)02-24 2026-02-24/bmo
Inst Owners102.56%
Inst Owner ChangeN/A
Ins Owners1.01%
Ins Owner ChangeN/A
Market Cap2.16B
Revenue(TTM)960.31M
Net Income(TTM)52.82M
Analysts80
Price Target71.54 (18.74%)
Short Float %0.23%
Short Ratio0.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
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)-1.74%
PT rev (3m)N/A
EPS NQ rev (1m)-1.12%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.25 | ||
| Fwd PE | 16.17 | ||
| P/S | 2.24 | ||
| P/FCF | 21.01 | ||
| P/OCF | 18.45 | ||
| P/B | 2.69 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.04 |
EPS(TTM)3.13
EY5.2%
EPS(NY)3.73
Fwd EY6.18%
FCF(TTM)2.87
FCFY4.76%
OCF(TTM)3.26
OCFY5.42%
SpS26.84
BVpS22.4
TBVpS-1.1
PEG (NY)2.38
PEG (5Y)2.58
Graham Number39.72
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 3.23 |
F-Score5
WACC14.51%
ROIC/WACC0.52
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 Y8.07%
EPS Next 2Y9.99%
EPS Next 3Y10.73%
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 8.07% in the next year.