Novanta Inc. (NOVT)
Novanta Statistics
Share Statistics
Novanta has 35.96M shares outstanding. The number of shares has increased by 0.19% in one year.
| Shares Outstanding | 35.96M |
| Shares Change (YoY) | 0.19% |
| Shares Change (QoQ) | 0.11% |
| Owned by Institutions (%) | 99.14% |
| Shares Floating | 35.61M |
| Failed to Deliver (FTD) Shares | 7.1K |
| FTD / Avg. Volume | 2.33% |
Short Selling Information
The latest short interest is 1.73M, so 4.82% of the outstanding shares have been sold short.
| Short Interest | 1.73M |
| Short % of Shares Out | 4.82% |
| Short % of Float | 6.33% |
| Short Ratio (days to cover) | 7.37 |
Valuation Ratios
The PE ratio is 85.7 and the forward PE ratio is 27.97. Novanta's PEG ratio is -6.96.
| PE Ratio | 85.7 |
| Forward PE | 27.97 |
| PS Ratio | 5.79 |
| Forward PS | 3.9 |
| PB Ratio | 7.37 |
| P/FCF Ratio | 38.85 |
| PEG Ratio | -6.96 |
Enterprise Valuation
Novanta has an Enterprise Value (EV) of 5.85B.
| EV / Sales | 6.16 |
| EV / EBITDA | 32.5 |
| EV / EBIT | 36.88 |
| EV / FCF | 41.35 |
Financial Position
The company has a current ratio of 2.58, with a Debt / Equity ratio of 0.63.
| Current Ratio | 2.58 |
| Quick Ratio | 1.72 |
| Debt / Equity | 0.63 |
| Debt / EBITDA | 2.6 |
| Debt / FCF | 3.3 |
| Interest Coverage | 0 |
Financial Efficiency
Return on Equity is 8.59% and Return on Invested Capital is 7.19%.
| Return on Equity | 8.59% |
| Return on Assets | 4.62% |
| Return on Invested Capital | 7.19% |
| Revenue Per Employee | $316.42K |
| Profits Per Employee | $21.36K |
| Employee Count | 3,000 |
| Asset Turnover | 0.68 |
| Inventory Turnover | 3.65 |
Taxes
| Income Tax | 14.98M |
| Effective Tax Rate | 18.94% |
Stock Price Statistics
The stock price has increased by -23.31% in the last 52 weeks. The beta is 1.43, so Novanta's price volatility has been higher than the market average.
| Beta | 1.43 |
| 52-Week Price Change | -23.31% |
| 50-Day Moving Average | 133.56 |
| 200-Day Moving Average | 159.55 |
| Relative Strength Index (RSI) | 39.87 |
| Average Volume (20 Days) | 304.31K |
Income Statement
In the last 12 months, Novanta had revenue of 949.25M and earned 64.09M in profits. Earnings per share was 1.78.
| Revenue | 949.25M |
| Gross Profit | 421.55M |
| Operating Income | 110.58M |
| Net Income | 64.09M |
| EBITDA | 179.86M |
| EBIT | 124.29M |
| Earnings Per Share (EPS) | 1.78 |
Balance Sheet
The company has 113.99M in cash and 467.07M in debt, giving a net cash position of -353.08M.
| Cash & Cash Equivalents | 113.99M |
| Total Debt | 467.07M |
| Net Cash | -353.08M |
| Retained Earnings | 267.55M |
| Total Assets | 1.39B |
| Working Capital | 265.86M |
Cash Flow
In the last 12 months, operating cash flow was 158.51M and capital expenditures -17.16M, giving a free cash flow of 141.35M.
| Operating Cash Flow | 158.51M |
| Capital Expenditures | -17.16M |
| Free Cash Flow | 141.35M |
| FCF Per Share | 3.93 |
Margins
Gross margin is 44.41%, with operating and profit margins of 11.65% and 6.75%.
| Gross Margin | 44.41% |
| Operating Margin | 11.65% |
| Pretax Margin | 8.33% |
| Profit Margin | 6.75% |
| EBITDA Margin | 18.95% |
| EBIT Margin | 11.65% |
| FCF Margin | 14.89% |
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 | 1.17% |
| FCF Yield | 2.57% |
Analyst Forecast
The average price target for NOVT is $160, which is 39.6% higher than the current price. The consensus rating is "Hold".
| Price Target | $160 |
| Price Target Difference | 39.6% |
| 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 | 4.99 |
| Piotroski F-Score | 5 |