Novanta Inc. NOVT

Technology — Scientific & Technical Instruments

143.93 2.40 1.70% as of 25 Sep

Market cap: $5.4B
P/E: 90.6×

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Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
P/E ratio Full definition →	34.21	43.91	43.52	76.24	93.83	124.18	64.82	80.94	85.83	80.95
P/S ratio Full definition →	1.94	3.37	3.58	4.95	7.03	8.83	5.58	6.68	5.79	4.44
P/FCF ratio Full definition →	17.64	32.36	29.86	58.96	32.03	83.39	67.44	58.82	38.85	89.90
P/Operating CF Full definition →	57.16	79.59	100.31	87.50	89.25	217.37	118.36	151.04	89.21	494.46
P/B ratio Full definition →	2.89	5.64	5.97	7.43	8.71	11.97	8.32	8.74	7.37	3.31
Price to Tangible BV Full definition →	8.40	0.00	286.66	0.00	98.20	0.00	0.00	134.06	0.00	8.96
EV/Sales Full definition →	1.97	3.63	3.78	5.17	7.16	9.28	5.97	6.96	6.10	4.31
EV/EBITDA Full definition →	14.21	21.43	21.51	34.62	44.91	61.04	32.91	39.07	34.88	27.08
EV/Operating CF Full definition →	15.85	29.87	25.93	51.22	30.16	69.31	56.65	51.12	36.56	65.94
EV/FCF Full definition →	17.87	34.84	31.56	61.65	32.61	87.62	72.15	61.32	41.00	87.21
Quick Ratio Full definition →	1.90	1.89	1.61	1.30	1.78	1.28	1.45	1.81	1.63	2.71
Current Ratio Full definition →	2.83	2.93	2.70	2.26	2.66	2.03	2.56	2.98	2.58	3.69
Net Debt/EBITDA Full definition →	0.18	1.52	1.16	1.51	0.80	2.95	2.15	1.59	1.82	(0.83)
Debt/Assets Full definition →	18.31%	32.29%	28.82%	25.34%	23.17%	35.38%	35.08%	28.90%	30.01%	13.88%
Debt/Equity Full definition →	0.30	0.75	0.56	0.53	0.42	0.83	0.75	0.53	0.56	0.19
Asset Turnover Full definition →	0.91	0.90	0.85	0.79	0.68	0.68	0.70	0.71	0.73	0.61
Operating CF/Net income Full definition →	2.17	1.59	1.76	1.55	3.15	1.88	1.23	1.65	2.47	1.19
Capex/Depreciation Full definition →	(0.27)	(0.29)	(0.43)	(0.28)	(0.27)	(0.46)	(0.37)	(0.43)	(0.31)	(0.25)
Interest Coverage Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ROE Full definition →	8.74%	13.96%	14.97%	10.38%	9.96%	10.09%	13.48%	11.65%	9.03%	5.23%
ROA Full definition →	5.23%	6.91%	7.04%	5.13%	5.13%	4.81%	6.00%	5.91%	4.90%	3.37%
ROIC Full definition →	7.67%	8.07%	8.99%	6.19%	6.33%	4.78%	7.06%	7.48%	6.59%	4.96%
Return on Tangible Assets Full definition →	13.40%	15.83%	20.94%	16.49%	16.57%	18.15%	20.62%	18.90%	16.91%	7.82%
Average Days of Receivables Full definition →	62.45	60.12	50.98	56.54	48.36	60.74	59.02	61.07	61.18	72.31
Research and Development Expense of Revenue Full definition →	8.32%	7.99%	8.31%	8.94%	10.33%	10.26%	9.96%	10.40%	10.06%	9.74%
Selling, General and Administrative Expense of Revenue Full definition →	21.13%	19.50%	18.87%	18.91%	18.60%	18.27%	18.46%	18.65%	18.54%	19.95%
Intangible Assets out of Total Assets Full definition →	0.40	0.50	0.50	0.51	0.50	0.57	0.53	0.51	0.55	0.46
Share Based Compensation of Revenue Full definition →	1.12%	1.05%	1.26%	1.49%	3.91%	3.62%	2.68%	2.90%	2.46%	3.01%
Graham Net Nets Full definition →	0.04	(0.07)	(0.03)	(0.05)	(0.02)	(0.05)	(0.05)	(0.02)	(0.04)	0.07
Graham Number Full definition →	10.28	15.22	18.53	17.63	19.61	21.69	27.54	29.29	28.82	34.47
Earnings Yield Full definition →	2.92%	2.28%	2.30%	1.31%	1.07%	0.81%	1.54%	1.24%	1.17%	1.24%
Free Cash Flow Yield Full definition →	5.67%	3.09%	3.35%	1.70%	3.12%	1.20%	1.48%	1.70%	2.57%	1.11%
Revenue per Share Full definition →	11.09	14.97	17.60	17.87	16.81	19.97	24.15	24.60	26.40	26.80
Operating CF per Share Full definition →	1.38	1.82	2.57	1.81	3.99	2.67	2.55	3.35	4.41	1.75
Capex per Share Full definition →	(0.16)	(0.26)	(0.46)	(0.31)	(0.30)	(0.56)	(0.55)	(0.56)	(0.48)	(0.43)
Free Cash Flow per Share Full definition →	1.22	1.56	2.11	1.50	3.69	2.11	2.00	2.79	3.93	1.32
Cash per Share Full definition →	1.96	2.87	2.35	2.25	3.56	3.32	2.81	2.93	3.17	10.41
Shareholders Equity per Share Full definition →	7.46	8.95	10.55	11.91	13.57	14.73	16.20	18.79	20.74	35.92
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	7.46	8.95	10.55	11.91	13.57	14.73	16.20	18.79	20.74	35.92
Free Cash Flow Full definition →	42.38	54.33	73.66	52.55	129.72	74.85	71.27	100.11	141.35	48.43
Working Capital Full definition →	128.75	189.71	177.57	169.67	189.94	189.89	256.00	276.12	265.86	570.23
Capital Expenditures Full definition →	(5.40)	(9.05)	(15.99)	(10.70)	(10.52)	(19.78)	(19.51)	(19.96)	(17.16)	(15.63)
Net Current Asset Value Full definition →	32.48	(127.28)	(69.55)	(148.05)	(84.20)	(332.77)	(243.11)	(137.30)	(209.16)	289.78
EV/EBIT Full definition →	22.98	32.88	32.74	58.60	75.69	102.39	49.89	55.55	52.40	44.93
Capex to Sales Full definition →	0.01	0.02	0.03	0.02	0.02	0.03	0.02	0.02	0.02	0.02
Net Profit Margin Full definition →	5.72%	7.64%	8.28%	6.51%	7.54%	7.12%	8.60%	8.27%	6.75%	5.49%
Price to Operating Income Full definition →	22.69	30.54	30.97	56.04	74.34	97.44	46.63	53.30	49.66	46.31
Other line items
Depreciation/Fixed assets Full definition →	0.57	0.50	0.57	0.49	0.49	0.50	0.52	0.43	0.49	0.52
Cash ROIC Full definition →	3.05%	0.26%	3.68%	(2.00%)	7.67%	0.67%	(1.11%)	0.94%	3.56%	(2.80%)
Accounts Receivable Turnover Full definition →	6.13	6.87	7.16	6.85	6.74	7.22	6.70	6.15	6.19	5.55
Accounts Payable Turnover Full definition →	7.85	8.35	7.79	7.05	7.24	7.29	6.71	7.28	7.87	6.35
Inventory Turnover Full definition →	3.73	3.98	3.60	3.29	3.31	3.72	3.29	3.04	3.59	3.28
Average Days of Payables Full definition →	52.89	48.29	52.49	52.73	45.31	61.52	56.91	43.33	53.18	63.50
Days of Inventory on Hand Full definition →	98.09	110.77	108.38	116.93	97.80	112.84	127.10	113.17	100.02	126.03
Average Receivables Full definition →	62.76	75.85	85.84	91.40	87.62	97.94	128.41	143.36	153.31	176.68
Average Payables Full definition →	28.31	36.00	45.26	51.66	47.78	55.74	71.87	66.21	67.04	85.88
Average Inventory Full definition →	59.66	75.51	98.02	110.69	104.68	109.20	146.83	158.68	146.99	166.45
Average Assets Full definition →	420.84	576.17	723.14	794.66	867.46	1,046.53	1,234.55	1,233.63	1,307.28	1,597.81
Average Common Equity Full definition →	251.79	285.21	339.90	392.71	446.99	499.05	549.44	625.52	709.58	1,029.99

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Novanta Inc. NOVT

Novanta Inc. NOVT

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