Novanta Statistics
Share Statistics
Novanta has 35.92M shares outstanding. The number of shares has increased by 0.26% in one year.
| Shares Outstanding | 35.92M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 0.03% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 35.61M |
| Failed to Deliver (FTD) Shares | 50 |
| FTD / Avg. Volume | 0.03% |
Short Selling Information
The latest short interest is 1.71M, so 4.76% of the outstanding shares have been sold short.
| Short Interest | 1.71M |
| Short % of Shares Out | 4.76% |
| Short % of Float | 4.8% |
| Short Ratio (days to cover) | 13.46 |
Valuation Ratios
The PE ratio is 82.83 and the forward PE ratio is 46.1. Novanta 's PEG ratio is 1.56.
| PE Ratio | 82.83 |
| Forward PE | 46.1 |
| PS Ratio | 6.85 |
| Forward PS | 5.6 |
| PB Ratio | 8.96 |
| P/FCF Ratio | 60.3 |
| PEG Ratio | 1.56 |
Enterprise Valuation
Novanta Inc. has an Enterprise Value (EV) of 6.34B.
| EV / Earnings | 86.94 |
| EV / Sales | 7.19 |
| EV / EBITDA | 38.6 |
| EV / EBIT | 57.34 |
| EV / FCF | 63.29 |
Financial Position
The company has a current ratio of 2.98, with a Debt / Equity ratio of 0.53.
| Current Ratio | 2.98 |
| Quick Ratio | 1.91 |
| Debt / Equity | 0.53 |
| Total Debt / Capitalization | 34.48 |
| Cash Flow / Debt | 0.34 |
| Interest Coverage | 4.28 |
Financial Efficiency
Return on equity (ROE) is 0.11% and return on capital (ROIC) is 8.92%.
| Return on Equity (ROE) | 0.11% |
| Return on Assets (ROA) | 0.06% |
| Return on Capital (ROIC) | 8.92% |
| Revenue Per Employee | 304.02K |
| Profits Per Employee | 25.13K |
| Employee Count | 2.90K |
| Asset Turnover | 0.72 |
| Inventory Turnover | 3.23 |
Taxes
| Income Tax | 10.87M |
| Effective Tax Rate | 0.13 |
Stock Price Statistics
The stock price has increased by -1% in the last 52 weeks. The beta is 1.29, so Novanta 's price volatility has been higher than the market average.
| Beta | 1.29 |
| 52-Week Price Change | -1% |
| 50-Day Moving Average | 171.88 |
| 200-Day Moving Average | 169.71 |
| Relative Strength Index (RSI) | 46.96 |
| Average Volume (20 Days) | 171.61K |
Income Statement
In the last 12 months, Novanta had revenue of $881.66M and earned $72.88M in profits. Earnings per share was $2.03.
| Revenue | 881.66M |
| Gross Profit | 399.90M |
| Operating Income | 110.50M |
| Net Income | 72.88M |
| EBITDA | 164.16M |
| EBIT | 110.50M |
| Earnings Per Share (EPS) | 2.03 |
Balance Sheet
The company has $105.05M in cash and $404.56M in debt, giving a net cash position of -$299.51M.
| Cash & Cash Equivalents | 105.05M |
| Total Debt | 404.56M |
| Net Cash | -299.51M |
| Retained Earnings | 203.46M |
| Total Assets | 1.42B |
| Working Capital | 280.33M |
Cash Flow
In the last 12 months, operating cash flow was $120.08M and capital expenditures -$19.96M, giving a free cash flow of $100.11M.
| Operating Cash Flow | 120.08M |
| Capital Expenditures | -19.96M |
| Free Cash Flow | 100.11M |
| FCF Per Share | 2.79 |
Margins
Gross margin is 45.36%, with operating and profit margins of 12.53% and 8.27%.
| Gross Margin | 45.36% |
| Operating Margin | 12.53% |
| Pretax Margin | 9.5% |
| Profit Margin | 8.27% |
| EBITDA Margin | 18.62% |
| EBIT Margin | 12.53% |
| FCF Margin | 11.36% |
Dividends & Yields
NOVT does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 1.22% |
| FCF Yield | 1.67% |
Analyst Forecast
The average price target for NOVT is $169, which is 1.5% higher than the current price. The consensus rating is "Hold".
| Price Target | $169 |
| Price Target Difference | 1.5% |
| Analyst Consensus | Hold |
| Analyst Count | 1 |
Stock Splits
The last stock split was on Dec 29, 2010. It was a backward split with a ratio of 1:3.
| Last Split Date | Dec 29, 2010 |
| Split Type | backward |
| Split Ratio | 1:3 |
Scores
| Altman Z-Score | 6.72 |
| Piotroski F-Score | 4 |