NovantaMEX:NOVTN 81 Median PS Value is MXN2,483.12 as of Jun. 25, 2026, which is 100% below its 10-year median of 1.57. 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 1,553 Hardware companies, Novanta ranks better than 60.85% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Novanta's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was MXN485.499. Novanta's 10-Year median PS Ratio is 5.1146. Therefore, the Median PS Value for today is MXN2,483.12.
As of today (2026-06-25), Novanta's share price is MXN2717.80. Novanta's Median PS Value is MXN2,483.12. Therefore, Novanta's Price to Median PS Value for today is 1.09.
The historical rank and industry rank for Novanta's Median PS Value or its related term are showing as below:
MEX:NOVTN'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.73 Med: 1.57 Max: 5.3
Current: 1.09
During the past 13 years, the highest Price to Median PS Value of Novanta was 5.30. The lowest was 0.73. And the median was 1.57.
MEX:NOVTN's Price-to-Median-PS-Value is ranked better than 60.85% of 1553
companies
in the Hardware industry
Industry Median: 1.33
vs MEX:NOVTN: 1.09
Novanta (MEX:NOVTN) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Novanta's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
2717.80
/
2,483.12
=
1.09
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Novanta Median PS Value Related Terms
Novanta Median PS Value Historical Data
* Premium members only.
The historical data trend for Novanta's Median PS Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:NOVTN vs ST, VNT, ESE: Median PS Value Comparison
For the Scientific & Technical Instruments subindustry, Novanta's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value vs Hardware Industry
For the Hardware industry and Technology sector, Novanta's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Novanta's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 5.1146.
Novanta's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN485.499.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Novanta (MEX:NOVTN) has a Median PS Value of MXN2,483.12 as of Jun. 25, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Novanta and its competitors. This is 158061% above median its historical median of 1.57. Over the past decade, Novanta's Median PS Value has ranged from 0.73 to 5.30. According to the industry distribution chart, Novanta ranks #608 out of 1553 companies in the Hardware industry, placing it in the top 39.2%.
Is Novanta's Median PS Value too high?
Novanta's current Median PS Value of MXN2,483.12 is 158061% above median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 5.30. Based on the distribution chart, Novanta ranks #608 out of 1553 companies in the Hardware industry, which is above the industry midpoint. 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 Median PS Value compare to ST and VNT?
According to the Hardware industry distribution chart, Novanta ranks #608 out of 1553 companies for Median PS Value. This puts Novanta in the upper half of its industry. The industry median Median PS Value is 1.33. Historically, Novanta's own Median PS Value has ranged from 0.73 to 5.30 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Hardware company?
The median Median PS Value among Hardware companies is 1.33, based on 1,553 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Novanta and its competitors. For the Hardware industry, the median Median PS Value is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novanta's current Median PS Value is MXN2,483.12, which is 158061% above median its own 10-year median of 1.57. 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 Median PS Value is MXN2,483.12, which is 158061% above median its 10-year median of 1.57. 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 Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Novanta (MEX:NOVTN), the current Median PS Value is MXN2,483.12 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:
Median PS Value: MXN2,483.12 (158061% above median its 10-year median of 1.57)
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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