NOVT:NGS-Novanta Inc. (USD)

EQUITY | Scientific & Technical Instruments | Nasdaq Global Select

Last Closing

USD 155.56

Change

+1.74 (+1.13)%

Market Cap

USD 0.68B

Volume

0.04M

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: 2024-12-24 )

Largest Industry Peers for Scientific & Technical Instruments

Symbol Name Price(Change) Market Cap
TRMB Trimble Inc

N/A

USD 18.06B
MKSI MKS Instruments Inc

N/A

USD 7.62B
CGNX Cognex Corporation

N/A

USD 6.43B
ITRI Itron Inc

N/A

USD 5.15B
MLAB Mesa Laboratories Inc

N/A

USD 0.67B
ITRN Ituran Location and Control Lt..

N/A

USD 0.61B
FARO FARO Technologies Inc

N/A

USD 0.52B
MVIS Microvision Inc

N/A

USD 0.20B
SOTK Sono-Tek Corp

N/A

USD 0.08B
LUNA Luna Innovations Incorporated

N/A

USD 0.06B

ETFs Containing NOVT

LADR:XETRA L&G Optical Technology & .. 3.32 % 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 -7.63% 55% F 41% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -7.63% 55% F 40% F
Trailing 12 Months  
Capital Gain -9.17% 52% F 40% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -9.17% 52% F 39% F
Trailing 5 Years  
Capital Gain 70.72% 94% A 80% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 70.72% 94% A 78% C+
Average Annual (5 Year Horizon)  
Capital Gain 24.32% 91% A- 77% C+
Dividend Return 24.32% 91% A- 76% C+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 52.31% 41% F 37% F
Risk Adjusted Return 46.49% 95% A 75% C
Market Capitalization 0.68B 84% B 89% 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 23% 11%
Price/Book Ratio 8.04 16% 16%
Price / Cash Flow Ratio 49.72 26% 6%
Price/Free Cash Flow Ratio 37.54 21% 10%
Management Effectiveness  
Return on Equity 8.67% 81% 74%
Return on Invested Capital 9.76% 95% 77%
Return on Assets 5.35% 90% 86%
Debt to Equity Ratio 51.88% 50% 41%

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.

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.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

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.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

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.