NovantaMEX:NOVTN 81 Forward Dividend Yield % is 0.00% as of Jun. 25, 2026. GuruFocus rates MEX:NOVTN with a GF Score™ of 81/100 and a GF Value™ of MXN2,746.60 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,355 Hardware companies, Novanta ranks worse than 73800.66% on this metric.
As of today (2026-06-25), the Forward Annual Dividend Yield of Novanta is 0.00%.
As of today (2026-06-25), the Trailing Annual Dividend Yield of Novanta is 0.00%.
MEX:NOVTN's Forward Dividend Yield % is not ranked *
in the Hardware industry.
Industry Median: 1.6 * Ranked among companies with meaningful Forward Dividend Yield % only.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
MEX:NOVTN vs ST, VNT, ESE: Forward Dividend Yield % Comparison
For the Scientific & Technical Instruments subindustry, Novanta's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Novanta Forward Dividend Yield % vs Hardware Industry
For the Hardware industry and Technology sector, Novanta's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Novanta's Forward Dividend Yield % falls into.
What does a Forward Dividend Yield % of 0.00% mean?
Novanta (MEX:NOVTN) has a Forward Dividend Yield % of 0.00% as of Jun. 25, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Novanta and its competitors. According to the industry distribution chart, Novanta ranks #999999 out of 1355 companies in the Hardware industry.
Is Novanta's Forward Dividend Yield % too high?
Novanta's current Forward Dividend Yield % is 0.00%. Based on the distribution chart, Novanta ranks #999999 out of 1355 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Novanta has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Novanta's Forward Dividend Yield % compare to ST and VNT?
According to the Hardware industry distribution chart, Novanta ranks #999999 out of 1355 companies for Forward Dividend Yield %. This places Novanta in the lower half of its industry. The industry median Forward Dividend Yield % is 1.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Hardware company?
The median Forward Dividend Yield % among Hardware companies is 1.60, based on 1,355 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Novanta and its competitors. For the Hardware industry, the median Forward Dividend Yield % is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novanta's current Forward Dividend Yield % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novanta stock overvalued right now?
Based on GuruFocus' analysis, Novanta (MEX:NOVTN) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,746.60, compared to a current price of MXN2,717.80 — trading 1% below its estimated fair value. The current Forward Dividend Yield % is 0.00%. Novanta's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Novanta (MEX:NOVTN), the current Forward Dividend Yield % is 0.00% as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Novanta (MEX:NOVTN) Overvalued in 2026?
Based on GuruFocus' analysis, Novanta stock appears to be undervalued.
The current stock price of MXN2,717.80 is trading 1% below its estimated GF Value™ of MXN2,746.60.
GuruFocus considers Novanta to be Fairly Valued.
Key valuation signals for MEX:NOVTN:
Forward Dividend Yield %: 0.00%
GF Value™: MXN2,746.60 vs. price of MXN2,717.80 (1% below fair value)
No single metric tells the full story. See the MEX:NOVTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novanta Inc supplies core technology solutions to medical, life science, and advanced industrial OEMs, leveraging proprietary expertise in precision medicine, precision manufacturing, robotics and automation, and advanced surgery. It has two segments: Automation Enabling Technologies and Medical Solutions. Automation Enabling Technologies, which generates the majority of revenue, provides laser beam steering and scanning solutions, laser sources, and robotic and precision motion technologies. The Medical Solutions segment provides medical-grade technologies, including medical insufflators, endoscopic pumps, and integrated operating room technologies. The company operates in the United States, Germany, and other markets, with revenue generated from the United States.
81GF Score
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