Novanta Stock Fundamentals
| NOVT Stock | USD 152.07 3.82 2.58% |
Novanta fundamentals help investors to digest information that contributes to Novanta's financial success or failures. It also enables traders to predict the movement of Novanta Stock. The fundamental analysis module provides a way to measure Novanta's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Novanta stock.
At this time, Novanta's EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 581.7 M in 2025, despite the fact that Non Operating Income Net Other is likely to grow to (259.9 K). Novanta | Select Account or Indicator |
Novanta Company Return On Equity Analysis
Novanta's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Novanta Return On Equity | 0.0867 |
Most of Novanta's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Novanta is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Novanta Total Stockholder Equity
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Based on the latest financial disclosure, Novanta has a Return On Equity of 0.0867. This is 100.72% lower than that of the Electronic Equipment, Instruments & Components sector and 87.61% lower than that of the Information Technology industry. The return on equity for all United States stocks is 127.97% lower than that of the firm.
Novanta Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Novanta's current stock value. Our valuation model uses many indicators to compare Novanta value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Novanta competition to find correlations between indicators driving Novanta's intrinsic value. More Info.Novanta is considered to be number one stock in return on equity category among its peers. It is regarded fourth in return on asset category among its peers reporting about 0.62 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Novanta is roughly 1.62 . At this time, Novanta's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Novanta by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Novanta Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Novanta's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Novanta could also be used in its relative valuation, which is a method of valuing Novanta by comparing valuation metrics of similar companies.Novanta is currently under evaluation in return on equity category among its peers.
Novanta ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Novanta's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Novanta's managers, analysts, and investors.Environmental | Governance | Social |
Novanta Fundamentals
| Return On Equity | 0.0867 | ||||
| Return On Asset | 0.0535 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 5.39 B | ||||
| Shares Outstanding | 35.92 M | ||||
| Shares Owned By Insiders | 1.00 % | ||||
| Shares Owned By Institutions | 99.00 % | ||||
| Number Of Shares Shorted | 1.68 M | ||||
| Price To Earning | 126.20 X | ||||
| Price To Book | 6.80 X | ||||
| Price To Sales | 5.38 X | ||||
| Revenue | 881.66 M | ||||
| Gross Profit | 404.88 M | ||||
| EBITDA | 169.92 M | ||||
| Net Income | 72.88 M | ||||
| Cash And Equivalents | 100.49 M | ||||
| Cash Per Share | 2.82 X | ||||
| Total Debt | 404.56 M | ||||
| Debt To Equity | 0.87 % | ||||
| Current Ratio | 2.01 X | ||||
| Book Value Per Share | 20.66 X | ||||
| Cash Flow From Operations | 120.08 M | ||||
| Short Ratio | 8.24 X | ||||
| Earnings Per Share | 1.66 X | ||||
| Price To Earnings To Growth | 2.11 X | ||||
| Target Price | 164.78 | ||||
| Number Of Employees | 2.9 K | ||||
| Beta | 1.28 | ||||
| Market Capitalization | 4.97 B | ||||
| Total Asset | 1.23 B | ||||
| Retained Earnings | 203.46 M | ||||
| Working Capital | 276.12 M | ||||
| Current Asset | 208.74 M | ||||
| Current Liabilities | 36.6 M | ||||
| Net Asset | 1.23 B |
About Novanta Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Novanta's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Novanta using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Novanta based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 5 M | 9.7 M | |
| Total Revenue | 1 B | 1.1 B | |
| Cost Of Revenue | 554 M | 581.7 M | |
| Stock Based Compensation To Revenue | 0.02 | 0.03 | |
| Research And Ddevelopement To Revenue | 0.10 | 0.10 | |
| Capex To Revenue | 0.02 | 0.02 | |
| Revenue Per Share | 26.40 | 19.88 | |
| Ebit Per Revenue | 0.12 | 0.12 |
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Additional Tools for Novanta Stock Analysis
When running Novanta's price analysis, check to measure Novanta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novanta is operating at the current time. Most of Novanta's value examination focuses on studying past and present price action to predict the probability of Novanta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novanta's price. Additionally, you may evaluate how the addition of Novanta to your portfolios can decrease your overall portfolio volatility.