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

NASDAQ:NOVTU • CA67000B2030

Current stock price

57.95 USD
+0.02 (+0.03%)
Last:

This NOVTU fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. NOVTU Profitability Analysis

1.1 Basic Checks

  • NOVTU had positive earnings in the past year.
  • NOVTU had a positive operating cash flow in the past year.
  • 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 2025 50M 100M 150M

1.2 Ratios

  • NOVTU's Return On Assets of 2.98% is fine compared to the rest of the industry. NOVTU outperforms 63.71% of its industry peers.
  • With a Return On Equity value of 4.10%, NOVTU perfoms like the industry average, outperforming 57.26% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 5.79%, NOVTU is in the better half of the industry, outperforming 61.29% of the companies in the same industry.
  • NOVTU had an Average Return On Invested Capital over the past 3 years of 7.61%. This is in line with the industry average of 8.09%.
Industry RankSector Rank
ROA 2.98%
ROE 4.1%
ROIC 5.79%
ROA(3y)4.51%
ROA(5y)4.72%
ROE(3y)7.84%
ROE(5y)9.2%
ROIC(3y)7.61%
ROIC(5y)7.39%
NOVTU Yearly ROA, ROE, ROICNOVTU Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • NOVTU has a better Profit Margin (5.49%) than 70.97% of its industry peers.
  • NOVTU's Profit Margin has declined in the last couple of years.
  • The Operating Margin of NOVTU (11.90%) is better than 80.65% of its industry peers.
  • NOVTU's Operating Margin has improved in the last couple of years.
  • NOVTU's Gross Margin of 44.39% is fine compared to the rest of the industry. NOVTU outperforms 78.23% 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 RankSector Rank
OM 11.9%
PM (TTM) 5.49%
GM 44.39%
OM growth 3Y-1.6%
OM growth 5Y3.31%
PM growth 3Y-13.92%
PM growth 5Y-6.14%
GM growth 3Y0.32%
GM growth 5Y1.4%
NOVTU Yearly Profit, Operating, Gross MarginsNOVTU Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. NOVTU Health Analysis

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 reduced compared to 1 year ago.
  • NOVTU has more shares outstanding than it did 5 years ago.
  • NOVTU has a better debt/assets ratio than last year.
NOVTU Yearly Shares OutstandingNOVTU Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 2025 500M 1B 1.5B

2.2 Solvency

  • An Altman-Z score of 3.90 indicates that NOVTU is not in any danger for bankruptcy at the moment.
  • NOVTU's Altman-Z score of 3.90 is in line compared to the rest of the industry. NOVTU outperforms 59.68% of its industry peers.
  • NOVTU has a debt to FCF ratio of 5.24. This is a neutral value as NOVTU would need 5.24 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 5.24, NOVTU is doing good in the industry, outperforming 62.10% of the companies in the same industry.
  • NOVTU has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.16, NOVTU is in line with its industry, outperforming 46.77% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 5.24
Altman-Z 3.9
ROIC/WACC0.59
WACC9.8%
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 2025 200M 400M 600M 800M 1B

2.3 Liquidity

  • NOVTU has a Current Ratio of 3.69. This indicates that NOVTU is financially healthy and has no problem in meeting its short term obligations.
  • NOVTU's Current ratio of 3.69 is fine compared to the rest of the industry. NOVTU outperforms 67.74% of its industry peers.
  • A Quick Ratio of 2.80 indicates that NOVTU has no problem at all paying its short term obligations.
  • NOVTU has a better Quick ratio (2.80) than 69.35% of its industry peers.
Industry RankSector Rank
Current Ratio 3.69
Quick Ratio 2.8
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 2025 200M 400M 600M

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

5

3. NOVTU Growth Analysis

3.1 Past

  • The Earnings Per Share has been growing slightly by 6.49% over the past year.
  • The Earnings Per Share has been growing by 11.07% on average over the past years. This is quite good.
  • Looking at the last year, NOVTU shows a small growth in Revenue. The Revenue has grown by 3.30% in the last year.
  • Measured over the past years, NOVTU shows a quite strong growth in Revenue. The Revenue has been growing by 10.67% on average per year.
EPS 1Y (TTM)6.49%
EPS 3Y2.23%
EPS 5Y11.07%
EPS Q2Q%19.74%
Revenue 1Y (TTM)3.3%
Revenue growth 3Y4.44%
Revenue growth 5Y10.67%
Sales Q2Q%8.5%

3.2 Future

  • The Earnings Per Share is expected to grow by 12.18% on average over the next years. This is quite good.
  • NOVTU is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.67% yearly.
EPS Next Y10.81%
EPS Next 2Y12.18%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.78%
Revenue Next 2Y6.67%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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. NOVTU Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 17.67, NOVTU is valued on the expensive side.
  • NOVTU's Price/Earnings ratio is rather cheap when compared to the industry. NOVTU is cheaper than 85.48% of the companies in the same industry.
  • NOVTU is valuated rather cheaply when we compare the Price/Earnings ratio to 27.95, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 15.94, the valuation of NOVTU can be described as correct.
  • 82.26% of the companies in the same industry are more expensive than NOVTU, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 38.68. NOVTU is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 17.67
Fwd PE 15.94
NOVTU Price Earnings VS Forward Price EarningsNOVTU Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NOVTU indicates a rather cheap valuation: NOVTU is cheaper than 84.68% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, NOVTU is valued a bit cheaper than the industry average as 65.32% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 42.69
EV/EBITDA 10.86
NOVTU Per share dataNOVTU EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The decent profitability rating of NOVTU may justify a higher PE ratio.
  • A more expensive valuation may be justified as NOVTU's earnings are expected to grow with 12.18% in the coming years.
PEG (NY)1.63
PEG (5Y)1.6
EPS Next 2Y12.18%
EPS Next 3YN/A

More info and screens

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

3

5. NOVTU Dividend Analysis

5.1 Amount

  • NOVTU has a Yearly Dividend Yield of 2.63%.
  • Compared to an average industry Dividend Yield of 0.44, NOVTU pays a better dividend. On top of this NOVTU pays more dividend than 97.58% of the companies listed in the same industry.
  • NOVTU's Dividend Yield is a higher than the S&P500 average which is at 1.81.
Industry RankSector Rank
Dividend Yield 2.63%

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 Years0
Div Non Decr Years0
NOVTU Yearly Dividends per shareNOVTU Yearly Dividends per shareYearly Dividends per share 2026 0.5 1 1.5

5.3 Sustainability

DPN/A
EPS Next 2Y12.18%
EPS Next 3YN/A
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 2025 50M 100M

More info and screens

Find the best dividend stocksShow peers with best dividend

NOVTU Fundamentals: All Metrics, Ratios and Statistics

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

NASDAQ:NOVTU (4/20/2026, 8:21:19 PM)

57.95

+0.02 (+0.03%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-23
Earnings (Next)05-11
Inst Owners114.06%
Inst Owner ChangeN/A
Ins Owners1%
Ins Owner ChangeN/A
Market Cap2.07B
Revenue(TTM)980.60M
Net Income(TTM)53.83M
Analysts84
Price Target71.46 (23.31%)
Short Float %0.16%
Short Ratio1.03
Dividend
Industry RankSector Rank
Dividend Yield 2.63%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date04-30
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.91%
Min EPS beat(2)1.38%
Max EPS beat(2)4.44%
EPS beat(4)4
Avg EPS beat(4)3.79%
Min EPS beat(4)1.38%
Max EPS beat(4)7.75%
EPS beat(8)7
Avg EPS beat(8)5.79%
EPS beat(12)10
Avg EPS beat(12)6.43%
EPS beat(16)14
Avg EPS beat(16)6.63%
Revenue beat(2)0
Avg Revenue beat(2)-1.06%
Min Revenue beat(2)-1.21%
Max Revenue beat(2)-0.91%
Revenue beat(4)0
Avg Revenue beat(4)-1.2%
Min Revenue beat(4)-1.95%
Max Revenue beat(4)-0.72%
Revenue beat(8)0
Avg Revenue beat(8)-1.31%
Revenue beat(12)1
Avg Revenue beat(12)-1.1%
Revenue beat(16)4
Avg Revenue beat(16)-0.6%
PT rev (1m)3.73%
PT rev (3m)-0.12%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.09%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.46%
Revenue NQ rev (1m)-0.05%
Revenue NQ rev (3m)-61.01%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 17.67
Fwd PE 15.94
P/S 2.11
P/FCF 42.69
P/OCF 32.28
P/B 1.57
P/tB 4.25
EV/EBITDA 10.86
EPS(TTM)3.28
EY5.66%
EPS(NY)3.63
Fwd EY6.27%
FCF(TTM)1.36
FCFY2.34%
OCF(TTM)1.8
OCFY3.1%
SpS27.48
BVpS36.84
TBVpS13.63
PEG (NY)1.63
PEG (5Y)1.6
Graham Number52.1388 (-10.03%)
Profitability
Industry RankSector Rank
ROA 2.98%
ROE 4.1%
ROCE 7.32%
ROIC 5.79%
ROICexc 7.61%
ROICexgc 23.95%
OM 11.9%
PM (TTM) 5.49%
GM 44.39%
FCFM 4.94%
ROA(3y)4.51%
ROA(5y)4.72%
ROE(3y)7.84%
ROE(5y)9.2%
ROIC(3y)7.61%
ROIC(5y)7.39%
ROICexc(3y)8.81%
ROICexc(5y)8.44%
ROICexgc(3y)26.96%
ROICexgc(5y)27.21%
ROCE(3y)9.61%
ROCE(5y)9.34%
ROICexgc growth 3Y-3.25%
ROICexgc growth 5Y-0.61%
ROICexc growth 3Y-4.42%
ROICexc growth 5Y0.15%
OM growth 3Y-1.6%
OM growth 5Y3.31%
PM growth 3Y-13.92%
PM growth 5Y-6.14%
GM growth 3Y0.32%
GM growth 5Y1.4%
F-Score5
Asset Turnover0.54
Health
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 5.24
Debt/EBITDA 1.2
Cap/Depr 25.23%
Cap/Sales 1.59%
Interest Coverage 5.17
Cash Conversion 35.87%
Profit Quality 89.97%
Current Ratio 3.69
Quick Ratio 2.8
Altman-Z 3.9
F-Score5
WACC9.8%
ROIC/WACC0.59
Cap/Depr(3y)32.98%
Cap/Depr(5y)36.37%
Cap/Sales(3y)1.89%
Cap/Sales(5y)2.15%
Profit Quality(3y)149.3%
Profit Quality(5y)138.46%
High Growth Momentum
Growth
EPS 1Y (TTM)6.49%
EPS 3Y2.23%
EPS 5Y11.07%
EPS Q2Q%19.74%
EPS Next Y10.81%
EPS Next 2Y12.18%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.3%
Revenue growth 3Y4.44%
Revenue growth 5Y10.67%
Sales Q2Q%8.5%
Revenue Next Year6.78%
Revenue Next 2Y6.67%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-6.14%
EBIT growth 3Y2.76%
EBIT growth 5Y14.34%
EBIT Next Year44.88%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-65.74%
FCF growth 3Y-12.06%
FCF growth 5Y-17.88%
OCF growth 1Y-59.59%
OCF growth 3Y-10.98%
OCF growth 5Y-14.5%

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

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

ChartMill assigns a fundamental rating of 6 / 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.


What is the profitability of NOVTU stock?

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


Can you provide the expected EPS growth for NOVTU stock?

The Earnings per Share (EPS) of NOVANTA INC - NOVT 6 1/2 11/01/28 (NOVTU) is expected to grow by 10.81% in the next year.