Stock AnalizNovanta Inc. NOVT
Industrial Machinery/Components · data as of November 13, 2026
Novanta Inc. (NOVT) is a company listed in the US with a market value of about $4.5B. In the twelve months to October 2, 2026 it had revenue of $1.1B and net income of $53M, a net margin of 4.9%.
Its overall Stock Analiz score is 1.6 out of 5 (weak). The strongest part is financial health (3/5); the weakest is value (0/5).
Key numbers: a P/E of 90.1, a price to free cash flow of 32.0, 5-year revenue growth of 11% a year, a 5-year average ROIC of 7%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 44% below the current price.
Score: 1.6 / 5
Checks passed
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- Positive free cash flow
- Interest covered more than 5 times
- Liabilities below 60% of assets
- 20% to 100% of free cash flow returned to shareholders
- Stock-based pay below 5% of revenue
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B | $981M | $949M | $882M | $861M | $707M | $591M | $626M | $614M | $521M | $385M |
| Net income | $53M | $54M | $64M | $73M | $74M | $50M | $45M | $41M | $49M | $60M | $22M |
| Free cash flow | $140M | $48M | $141M | $100M | $71M | $75M | $130M | $53M | $75M | $54M | $39M |
| EPS (diluted) | $1.32 | $1.47 | $1.77 | $2.02 | $2.06 | $1.41 | $1.25 | $1.15 | $1.43 | $1.13 | $0.63 |
| Net margin | 4.9% | 5.5% | 6.8% | 8.3% | 8.6% | 7.1% | 7.5% | 6.5% | 8.0% | 11.5% | 5.7% |
| ROIC | — | 4.5% | 7.4% | 9.0% | 8.2% | 5.7% | 7.2% | 7.3% | 10.3% | 8.6% | 6.6% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 2 analysts is $185.00, 56% above the current price; targets range from $175.00 to $195.00; the consensus rating is “Strong buy”; expected EPS is $3.68 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Novanta’s P/E ratio?
About 90.1, based on the last twelve months of diluted earnings per share (forward P/E about 29.6).
Is Novanta stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 44% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Novanta pay a dividend?
Not currently.
Is Novanta a good stock to buy?
We do not give buy or sell advice. Novanta scores 1.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.