NOVANTA INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 159.4 USD | +2.02% |
|
+6.69% | -5.34% |
| Apr. 02 | Novanta Insider Sold Shares Worth $860,010, According to a Recent SEC Filing | MT |
| Mar. 01 | Novanta Insider Sold Shares Worth $511,200, According to a Recent SEC Filing | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,102 | 4,157 | 6,277 | 4,849 | 6,031 | 5,721 | - | - |
| Enterprise Value (EV) 1 | 3,243 | 4,238 | 6,594 | 5,185 | 6,280 | 5,851 | 5,730 | 5,721 |
| P/E ratio | 76.9 x | 94.6 x | 125 x | 66 x | 83.4 x | 71.2 x | 52.4 x | 48 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 4.95 x | 7.04 x | 8.88 x | 5.63 x | 6.84 x | 5.8 x | 5.27 x | 4.87 x |
| EV / Revenue | 5.18 x | 7.18 x | 9.33 x | 6.02 x | 7.12 x | 5.93 x | 5.28 x | 4.87 x |
| EV / EBITDA | 26.9 x | 35 x | 43.2 x | 28.2 x | 32 x | 26.7 x | 22.8 x | 21 x |
| EV / FCF | 61.8 x | 32.7 x | 88.3 x | 72.9 x | 62.7 x | 45.6 x | 44.6 x | 37.2 x |
| FCF Yield | 1.62% | 3.06% | 1.13% | 1.37% | 1.59% | 2.19% | 2.24% | 2.69% |
| Price to Book | 7.54 x | 8.72 x | 12 x | 8.45 x | 9.01 x | - | - | - |
| Nbr of stocks (in thousands) | 35,074 | 35,161 | 35,600 | 35,690 | 35,810 | 35,891 | - | - |
| Reference price 2 | 88.44 | 118.2 | 176.3 | 135.9 | 168.4 | 159.4 | 159.4 | 159.4 |
| Announcement Date | 2/26/20 | 3/1/21 | 3/1/22 | 3/1/23 | 2/28/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 626.1 | 590.6 | 706.8 | 860.9 | 881.7 | 986 | 1,085 | 1,174 |
| EBITDA 1 | 120.7 | 121 | 152.7 | 184.1 | 196.2 | 219.3 | 251.1 | 273 |
| EBIT 1 | 99.57 | 85.25 | 116.9 | 147.5 | 156.6 | 174.2 | 204.9 | 223 |
| Operating Margin | 15.9% | 14.43% | 16.54% | 17.13% | 17.76% | 17.67% | 18.88% | 18.99% |
| Earnings before Tax (EBT) 1 | 45.77 | 48.4 | 56.17 | 87.16 | 83.75 | 99.65 | 135.3 | 147 |
| Net income 1 | 40.77 | 44.52 | 50.33 | 74.05 | 72.88 | 80.53 | 109.4 | 119 |
| Net margin | 6.51% | 7.54% | 7.12% | 8.6% | 8.27% | 8.17% | 10.08% | 10.14% |
| EPS 2 | 1.150 | 1.250 | 1.410 | 2.060 | 2.020 | 2.240 | 3.040 | 3.320 |
| Free Cash Flow 1 | 52.5 | 129.7 | 74.65 | 71.14 | 100.1 | 128.4 | 128.6 | 154 |
| FCF margin | 8.39% | 21.96% | 10.56% | 8.26% | 11.36% | 13.02% | 11.85% | 13.12% |
| FCF Conversion (EBITDA) | 43.48% | 107.21% | 48.87% | 38.63% | 51.02% | 58.57% | 51.21% | 56.41% |
| FCF Conversion (Net income) | 128.77% | 291.36% | 148.32% | 96.06% | 137.37% | 159.47% | 117.54% | 129.41% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 2/26/20 | 3/1/21 | 3/1/22 | 3/1/23 | 2/28/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 177.7 | 199 | 204.2 | 215.4 | 223 | 218.4 | 219.1 | 229.5 | 221.5 | 211.6 | 228.4 | 241.9 | 255 | 264.5 |
| EBITDA 1 | 40.39 | 42.61 | 43.59 | 45.04 | 49.38 | 46.11 | 46.98 | 51.72 | 52.22 | 45.3 | 45.95 | 51.74 | 59.58 | 62.23 |
| EBIT 1 | 31.56 | 33.9 | 33.54 | 36.65 | 40 | 37.27 | 36.9 | 42.08 | 42.97 | 34.67 | 34.38 | 40.5 | 48.26 | 51.06 |
| Operating Margin | 17.76% | 17.04% | 16.43% | 17.02% | 17.94% | 17.07% | 16.84% | 18.34% | 19.4% | 16.39% | 15.05% | 16.74% | 18.92% | 19.3% |
| Earnings before Tax (EBT) 1 | 13.53 | 18.84 | 20.7 | 20.75 | 26.77 | 18.94 | 19.74 | 25.27 | 22.99 | 15.75 | 14.3 | 21.69 | 30.13 | 33.42 |
| Net income 1 | 13.6 | 13.75 | 18.82 | 17.48 | 22.49 | 15.26 | 18.26 | 20.88 | 21.22 | 12.51 | 11.54 | 17.52 | 24.35 | 27 |
| Net margin | 7.65% | 6.91% | 9.22% | 8.12% | 10.09% | 6.99% | 8.34% | 9.1% | 9.58% | 5.91% | 5.05% | 7.24% | 9.55% | 10.21% |
| EPS 2 | 0.3800 | 0.3800 | 0.5300 | 0.4900 | 0.6300 | 0.4200 | 0.5100 | 0.5800 | 0.5900 | 0.3500 | 0.3200 | 0.4900 | 0.6800 | 0.7500 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/9/21 | 3/1/22 | 5/10/22 | 8/9/22 | 11/8/22 | 3/1/23 | 5/9/23 | 8/8/23 | 11/7/23 | 2/28/24 | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 141 | 81.6 | 317 | 335 | 249 | 130 | 9 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.171 x | 0.6742 x | 2.076 x | 1.821 x | 1.271 x | 0.5929 x | 0.0358 x | - |
| Free Cash Flow 1 | 52.5 | 130 | 74.6 | 71.1 | 100 | 128 | 129 | 154 |
| ROE (net income / shareholders' equity) | - | - | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share | 11.70 | 13.60 | 14.60 | 16.10 | 18.70 | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 10.7 | 10.5 | 20 | 19.6 | 20 | 25 | 26.3 | 26 |
| Capex / Sales | 1.72% | 1.78% | 2.83% | 2.28% | 2.26% | 2.54% | 2.43% | 2.21% |
| Announcement Date | 2/26/20 | 3/1/21 | 3/1/22 | 3/1/23 | 2/28/24 | - | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
159.4
USD
Average target price
175.1
USD
Spread / Average Target
+9.84%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -5.34% | 5.72B | |
| +21.55% | 72.28B | |
| +48.33% | 65.86B | |
| -4.21% | 34.41B | |
| -16.43% | 28.52B | |
| -7.17% | 14.26B | |
| -13.03% | 9.92B | |
| +5.83% | 9.52B | |
| +71.16% | 8.54B | |
| +3.02% | 7.91B |
- Stock Market
- Equities
- NOVT Stock
- Financials Novanta Inc.
