Novanta Inc.

NOVT Technology Scientific & Technical Instruments

Novanta Inc.’s revenue for fiscal 2025 (year ended December 2025) was $980.6 million, up 3.30% from fiscal 2024.

Revenue
+10.3%
EPS
+158.3%
Free cash flow
+391.8%
Total debt
−50.0%

Quarter to June 2026, against a year earlier

144.88 2.61 −1.77%
Market cap
$5.6B
P/E
92.5×
Fwd P/E
80.1×
Dividend yield
—
F-score
5/9
Altman Z
6.64
Beneish M
−2.25
Dividend safety
n/a

Novanta Inc. (NOVT) EV/FCF

Alert me on EV/FCF

As of 3 November 2026, Novanta Inc. (NOVT) trades at a EV/FCF of 50.8×. Over the past ten years it has ranged from 12.7× (April 2015) to 108× (August 2022); the current reading is higher than 59% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 87.2× 112.74%
FY2024 41.0× (33.14%)
FY2023 61.3× (15.02%)
FY2022 72.1× (17.66%)
FY2021 87.6× 168.69%
FY2020 32.6× (47.10%)
FY2019 61.6× 95.32%
FY2018 31.6× (9.40%)
FY2017 34.8× 94.94%
FY2016 17.9× (1.30%)

Quarterly newest first

Period EV/FCF Change
Jun 2026 56.5× (22.69%)
Mar 2026 73.1× (16.19%)
Dec 2025 87.2× 137.92%
Sep 2025 36.7× (9.42%)
42 more quarters

Against its own ten years

Low 12.7× High 108×
Ten-year median 42.4×
Current reading's percentile 55

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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