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. In the quarter to June 2026, revenue grew 10.3%, EPS grew 158.3%, free cash flow grew 391.8% and total debt fell 50.0%, each against the same quarter a year earlier. Revenue growth for five consecutive years.
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Novanta Inc. (NOVT) EV/Sales
As of 16 October 2026, Novanta Inc. (NOVT) trades at a EV/Sales of 4.7×. Over the past ten years it has ranged from 1.2× (February 2016) to 10.4× (November 2021); the current reading is higher than 39% of that period. That is in line with the Scientific & Technical Instruments industry median of 4.7× and above the Technology sector median of 2.7×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 4.3× | (29.44%) |
| FY2024 | 6.1× | (12.32%) |
| FY2023 | 7.0× | 16.56% |
| FY2022 | 6.0× | (35.63%) |
| FY2021 | 9.3× | 29.56% |
| FY2020 | 7.2× | 38.42% |
| FY2019 | 5.2× | 36.73% |
| FY2018 | 3.8× | 4.22% |
| FY2017 | 3.6× | 84.44% |
| FY2016 | 2.0× | 45.12% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 6.0× | 30.01% |
| Mar 2026 | 4.6× | 6.90% |
| Dec 2025 | 4.3× | 4.34% |
| Sep 2025 | 4.1× | (20.90%) |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| VNT Vontier Corporation compare | 2.0× |
| ST Sensata Technologies Holding N.V. compare | 2.1× |
| ITRI Itron, Inc. compare | 2.1× |
| TRMB Trimble Inc. compare | 4.0× |
| BMI Badger Meter, Inc. compare | 4.1× |
| MKSI MKS Inc. compare | 4.1× |
| NOVT Novanta Inc. | 4.7× |
| ESE ESCO Technologies Inc. compare | 5.0× |
| CGNX Cognex Corporation compare | 7.9× |
| Scientific & Technical Instruments industry median | 4.7× |
| Technology sector median | 2.7× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((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)) ÷ Revenue (TTM)