Business Description
Novanta Inc
NAICS : 335999
SIC : 3379
Description
Novanta Inc manufactures photonic and motion-control components for original equipment manufacturers in the medical equipment and industrial technology markets. The firm operates in three segments: photonics, vision, and precision motion. The photonics segment, which sells photonics-based products that include carbon dioxide lasers, laser scanning, super-resolution imaging lasers, and laser beam delivery items. The vision segment sells medical-grade technologies, including visualization solutions, imaging informatics products, and thermal printers contributing the majority of revenue. The precision motion segment sells optical encoders, motion control technology, and precision machined components. The firm generates the majority of its revenue from the United States and Europe.
Financial Strength
6/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.22 | |||||
| Equity-to-Asset | 0.44 | |||||
| Debt-to-Equity | 0.87 | |||||
| Debt-to-EBITDA | 3.16 | |||||
| Interest Coverage | 9.1 | |||||
| Piotroski F-Score | 6/9 | |||||
| Altman Z-Score | 5.07 | |||||
| Beneish M-Score | -2.2 | |||||
| WACC vs ROIC | ||||||
Growth Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 4.5 | |||||
| 3-Year EBITDA Growth Rate | 2.3 | |||||
| 3-Year EPS without NRI Growth Rate | -0.5 | |||||
| 3-Year FCF Growth Rate | -1.4 | |||||
| 3-Year Book Growth Rate | 11.5 |
Momentum Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 30.44 | |||||
| 9-Day RSI | 30.2 | |||||
| 14-Day RSI | 32.64 | |||||
| 6-1 Month Momentum % | -3.82 | |||||
| 12-1 Month Momentum % | -10.87 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 2.01 | |||||
| Quick Ratio | 1.24 | |||||
| Cash Ratio | 0.51 | |||||
| Days Inventory | 102.35 | |||||
| Days Sales Outstanding | 52.38 | |||||
| Days Payable | 54.47 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Average Share Buyback Ratio | -0.7 |
Profitability Rank
9/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 43.29 | |||||
| Operating Margin % | 11.96 | |||||
| Net Margin % | 7.99 | |||||
| ROE % | 12.33 | |||||
| ROA % | 5.56 | |||||
| ROIC % | 8.97 | |||||
| ROC (Joel Greenblatt) % | 42.57 | |||||
| ROCE % | 9.82 | |||||
| Years of Profitability over Past 10-Year | 9 |
GF Value Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 64.2 | |||||
| PE Ratio without NRI | 64.2 | |||||
| Shiller PE Ratio | 110.31 | |||||
| Price-to-Owner-Earnings | 119.54 | |||||
| PEG Ratio | 6.23 | |||||
| PS Ratio | 5.16 | |||||
| PB Ratio | 7.65 | |||||
| Price-to-Free-Cash-Flow | 77.11 | |||||
| Price-to-Operating-Cash-Flow | 52.46 | |||||
| EV-to-EBIT | 46.61 | |||||
| EV-to-EBITDA | 30.25 | |||||
| EV-to-Revenue | 5.6 | |||||
| EV-to-FCF | 88.62 | |||||
| Price-to-Projected-FCF | 3.14 | |||||
| Price-to-DCF (Earnings Based) | 5.33 | |||||
| Price-to-DCF (FCF Based) | 4.34 | |||||
| Price-to-Median-PS-Value | 1.65 | |||||
| Price-to-Peter-Lynch-Fair-Value | 11.96 | |||||
| Earnings Yield (Greenblatt) % | 2.15 | |||||
| Forward Rate of Return (Yacktman) % | 7.29 |
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Executives
Analyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil $) | 796.258 | ||
| EPS (TTM) ($) | 1.78 | ||
| Beta | 1.01 | ||
| Volatility % | 44.03 | ||
| 14-Day RSI | 32.64 | ||
| 14-Day ATR ($) | 4.324792 | ||
| 20-Day SMA ($) | 126.666 | ||
| 12-1 Month Momentum % | -10.87 | ||
| 52-Week Range ($) | 110.84 - 184.44 | ||
| Shares Outstanding (Mil) | 35.64 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 6 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Novanta Inc Filings
| Document | Form | Filing Date | ||
|---|---|---|---|---|
| No Filing Data | ||||
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