Novanta (FRA:1GSN) Moat Score: 6/10 (As of Jul. 06, 2026)


FRA:1GSN Novanta Inc FRA:1GSN
87 GF Score
Price €141.00
GF Value €133.73
Valuation Fairly Valued
! 7 Warning Signs
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What is Novanta Moat Score?

Novanta FRA:1GSN -1.40% 87 Moat Score is 6 as of Jul. 06, 2026. GuruFocus rates FRA:1GSN with a GF Score™ of 87/100 and a GF Value™ of €133.73 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,466 Hardware companies, Novanta ranks better than 98.78% on this metric.

Novanta has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Novanta has Narrow Moat: Novanta Inc possesses a strong narrow moat with its focus on precision photonics and motion control technologies. The company benefits from valuable intellectual property, consistent innovation, and a strong brand in niche markets. While it has durable advantages, the moat is not wide due to competitive pressures and moderate switching costs.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Novanta might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Novanta  (FRA:1GSN) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Novanta Moat Score Related Terms

FRA:1GSN vs ST, VNT, BMI: Moat Score Comparison

For the Scientific & Technical Instruments subindustry, Novanta's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Hardware Industry

For the Hardware industry and Technology sector, Novanta's Moat Score distribution charts can be found below:

* The bar in red indicates where Novanta's Moat Score falls into.


FRA:1GSN
87GF Score
Novanta Inc FRA:1GSN
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
Novanta (FRA:1GSN) has a Moat Score of 6 as of Jul. 06, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Novanta ranks #30 out of 2466 companies in the Hardware industry, placing it in the top 1.2%.
Is Novanta's Moat Score too high?
Novanta's current Moat Score is 6. Based on the distribution chart, Novanta ranks #30 out of 2466 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Novanta has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Novanta's Moat Score compare to ST and VNT?
According to the Hardware industry distribution chart, Novanta ranks #30 out of 2466 companies for Moat Score. This places Novanta in the top 1% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Hardware company?
A good Moat Score depends on the Hardware industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Novanta's current Moat Score is 6. 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 (FRA:1GSN) is currently considered Fairly Valued. The stock's GF Value™ is €133.73, compared to a current price of €141.00 — trading 5.4% above its estimated fair value. The current Moat Score is 6. Novanta's overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Novanta (FRA:1GSN), the current Moat Score is 6 as of Jul. 06, 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 (FRA:1GSN) Overvalued in 2026?

Based on GuruFocus' analysis, Novanta stock appears to be overvalued. The current stock price of €141.00 is trading 5.4% above its estimated GF Value™ of €133.73. GuruFocus considers Novanta to be Fairly Valued.

Key valuation signals for FRA:1GSN:

  • Moat Score: 6
  • GF Value™: €133.73 vs. price of €141.00 (5.4% above fair value)
  • GF Score™: 87/100 with 7 warning signs

No single metric tells the full story. See the FRA:1GSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Novanta Business Description

Address 125 Middlesex Turnpike, Bedford, MA, USA, 01730
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.
87GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€141.00
Price
€133.73
GF Value