NOVT:NGS-Novanta Inc. (USD)

EQUITY | Scientific & Technical Instruments | Nasdaq Global Select

Last Closing

USD 186.2

Change

+12.97 (+7.49)%

Market Cap

USD 0.68B

Volume

0.29M

Analyst Target

USD 109.00
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Novanta Inc, formerly GSI Group Inc designs, develops, manufactures & sells precision photonic & motion control components & subsystems to original equipment manufacturers in the medical, industrial, electronics and scientific markets.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-07-16 )

Largest Industry Peers for Scientific & Technical Instruments

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ITRI Itron Inc

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MLAB Mesa Laboratories Inc

-5.13 (-3.64%)

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ITRN Ituran Location and Control Lt..

-0.61 (-2.07%)

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FARO FARO Technologies Inc

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MVIS Microvision Inc

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LUNA Luna Innovations Incorporated

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SOTK Sono-Tek Corp

-0.03 (-0.73%)

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ETFs Containing NOVT

LADR:XETRA L&G Optical Technology & .. 3.32 % 0.00 %

-0.01 (0.02%)

N/A
ROBE:LSE L&G ROBO Global Robotics .. 2.04 % 0.00 %

N/A

USD 0.75B
ROBG:LSE L&G ROBO Global Robotics .. 2.04 % 0.00 %

-3.75 (0.02%)

USD 0.75B
ROBO:LSE Legal & General UCITS ETF.. 2.04 % 0.00 %

-0.13 (0.02%)

USD 0.75B
ROBO Robo Global® Robotics an.. 2.04 % 0.00 %

-0.49 (0.02%)

USD 1.15B
ROBO Robo Global® Robotics an.. 2.04 % 0.95 %

-0.49 (0.02%)

USD 1.15B
ROBO:AU ETFS ROBO Global Robotics.. 2.03 % 0.00 %

+0.02 (+0.02%)

USD 0.23B
IROB:XETRA L&G ROBO Global Robotics .. 2.01 % 0.00 %

-0.10 (0.02%)

USD 0.91B
ROBO:SW L&G ROBO Global Robotics .. 2.01 % 0.00 %

N/A

N/A
IROB:F Legal & General UCITS ETF.. 0.00 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Scientific & Technical Instruments) Market Performance vs. Exchange (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 10.56% 75% C 68% D+
Dividend Return N/A N/A N/A N/A N/A
Total Return 10.56% 75% C 67% D+
Trailing 12 Months  
Capital Gain 3.74% 79% B- 56% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 3.74% 79% B- 52% F
Trailing 5 Years  
Capital Gain 119.21% 100% F 85% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 119.21% 100% F 84% B
Average Annual (5 Year Horizon)  
Capital Gain 19.24% 92% A 79% B-
Dividend Return 19.24% 92% A 78% C+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 28.26% 92% A 64% D
Risk Adjusted Return 68.09% 100% F 88% B+
Market Capitalization 0.68B 86% B+ 90% A-

Key Financial Ratios

  Ratio vs. Industry/Classification (Scientific & Technical Instruments) Ratio vs. Market (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 34.10 20% 12%
Price/Book Ratio 8.69 20% 13%
Price / Cash Flow Ratio 56.32 24% 5%
Price/Free Cash Flow Ratio 36.19 10% 7%
Management Effectiveness  
Return on Equity 10.83% 86% 79%
Return on Invested Capital 11.02% 88% 80%
Return on Assets 5.53% 96% 87%
Debt to Equity Ratio 51.88% 40% 40%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.