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NOVT
Novanta Inc.
$117.04
-1.33
(-1.12%)
[ms_data_label text=’Delayed data’]
| Exchange: | NASDAQ |
| Market Cap: | 4.176B |
| Shares Outstanding: | 5.693M |
About The Company
| Sector: | Technology | |||||
| Industry: | Hardware, Equipment & Parts | |||||
| CEO: | Matthijs Glastra | |||||
| Full Time Employees: | 3000 | |||||
| Address: |
| |||||
| Website: | https://www.novanta.com |
Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. The company’s Photonics segment offers photonics-based solutions, including laser scanning and beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. It’s Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless technologies, video recorders, and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. In addition, its Precision Motion segment offers optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, air bearings, and air bearing spindles. The company sells its products through its direct sales force, resellers, distributors, and system integrators under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, Celera Motion, MicroE, Zettlex, Applimotion, Ingenia, and Westwind brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts.
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Revenue Segmentation
EPS
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Earnings Call
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 881,662 | 949,245 | 980,600 |
| Gross Profit | 399,897 | 421,545 | 435,284 |
| EBITDA | 169,922 | 179,856 | 153,046 |
| Operating Income | 110,496 | 110,584 | 116,664 |
| Net Income | 72,878 | 64,087 | 53,829 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 1,226,056 | 1,388,511 | 1,807,106 |
| Total Liabilities | 552,596 | 642,813 | 492,819 |
| Total Stockholders Equity | 673,460 | 745,698 | 1,314,287 |
| Total Debt | 404,558 | 471,001 | 299,559 |
| Cash and Cash Equivalents | 105,051 | 113,989 | 380,871 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 120,075 | 158,512 | 64,056 |
| Capital Expenditure | -19,961 | -17,162 | -15,627 |
| Free Cash Flow | 100,114 | 141,350 | 48,429 |
| Net Income | 72,878 | 64,087 | 53,829 |
| Net Change in Cash | 4,946 | 8,938 | 266,882 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2027 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 1,111,229.711 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 1,122,616.024 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 1,112,592.667 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 200,547.121 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 202,602.045 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 200,793.098 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 147,426.065 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 149,615.707 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 148,520.886 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 208,627.389 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 210,765.108 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 208,883.277 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 4.050 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 4.080 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 4.020 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 2 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 2 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates NOVT intrinsic value between $57.58 – $95.33 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about NOVT valuation
Is Novanta Inc. (NOVT) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Novanta Inc. (NOVT) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is NOVT a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether NOVT trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is NOVT’s P/E ratio?
You can see NOVT’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for NOVT?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is NOVT a good long-term investment?
Whether NOVT fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
NOVT
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[ms_data_label text="Daily snapshot"]
-1.12
Trading Metrics:
| Open: | [ms_cell_or_dash table='trading_quote' column='open'] | Previous Close: | [ms_cell_or_dash table='trading_quote' column='previousClose'] | |
| Day Low: | [ms_cell_or_dash table='trading_quote' column='dayLow'] | Day High: | [ms_cell_or_dash table='trading_quote' column='dayHigh'] | |
| Year Low: | 98.27 | Year High: | 149.95 | |
| Price Avg 50: | 131.52 | Price Avg 200: | 121.36 | |
| Volume: | 267773 | Average Volume: | 387711 |
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