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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-09-12), Novanta's 12-1 Month Momentum % is 43.88%.
The industry rank for Novanta's 12-1 Month Momentum % or its related term are showing as below:
FRA:1GSN's 12-1 Month Momentum % is ranked better than 73.89% of 2436
companies
in the Hardware industry
Industry Median: 3.655
vs FRA:1GSN: 43.88
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Novanta 12-1 Month Momentum % Related Terms
FRA:1GSN vs ST, VNT, ITRI: 12-1 Month Momentum % Comparison
For the Scientific & Technical Instruments subindustry, Novanta's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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 12-1 Month Momentum % vs Hardware Industry
For the Hardware industry and Technology sector, Novanta's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Novanta's 12-1 Month Momentum % falls into.
* 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 (FRA:1GSN) has a 12-1 Month Momentum % of 43.88% as of Sep. 12, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Novanta and its competitors. According to the industry distribution chart, Novanta ranks #636 out of 2436 companies in the Hardware industry, placing it in the top 26.1%.
Is Novanta's 12-1 Month Momentum % too high?
Novanta's current 12-1 Month Momentum % is 43.88%. The Hardware industry median 12-1 Month Momentum % is 3.66. Novanta's value of 43.88% is 1100.5% above this industry median. Based on the distribution chart, Novanta ranks #636 out of 2436 companies in the Hardware industry, which is above the industry midpoint. Overall, Novanta has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Novanta's 12-1 Month Momentum % compare to ST and VNT?
According to the Hardware industry distribution chart, Novanta ranks #636 out of 2436 companies for 12-1 Month Momentum %. This puts Novanta in the upper half of its industry. The industry median 12-1 Month Momentum % is 3.66. Novanta's value of 43.88% is 1100.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for a Hardware company?
The median 12-1 Month Momentum % among Hardware companies is 3.66, based on 2,436 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Novanta's current 12-1 Month Momentum % of 43.88% is 1100.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Novanta and its competitors. For the Hardware industry, the median 12-1 Month Momentum % is 3.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novanta's current 12-1 Month Momentum % is 43.88%. 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 €132.01, compared to a current price of €124.00 — trading 6.1% below its estimated fair value. The current 12-1 Month Momentum % is 43.88% and 1100.5% above the Hardware industry median of 3.66. Novanta's overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Novanta (FRA:1GSN), the current 12-1 Month Momentum % is 43.88% as of Sep. 12, 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 undervalued.
The current stock price of €124.00 is trading 6.1% below its estimated GF Value™ of €132.01.
GuruFocus considers Novanta to be Fairly Valued.
Key valuation signals for FRA:1GSN:
12-1 Month Momentum %: 43.88%
GF Value™: €132.01 vs. price of €124.00 (6.1% below fair value)
Industry Position: 1100.5% above the Hardware median (#636 of 2436)
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 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.
88GF Score
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