Novanta, Inc.

Is Novanta, Inc. overvalued or undervalued?

As of July 7, 2025, Novanta, Inc. is considered very expensive with a P/E ratio of 61 and has underperformed the S&P 500, showing a year-to-date decline of 23.27% compared to the index's gain of 12.22%.

As of 7 July 2025, the valuation grade for Novanta, Inc. has moved from fair to very expensive, indicating a significant shift in its valuation outlook. The company is currently overvalued, with a P/E ratio of 61, a Price to Book Value of 5.95, and an EV to EBITDA of 26.72. In comparison, peers such as Cognex Corp. have a P/E of 61.49 and Onto Innovation, Inc. shows a more favorable EV to EBITDA of 13.94, highlighting Novanta's relative overvaluation.<BR><BR>Recent performance metrics further underscore this valuation concern, as Novanta's stock has underperformed against the S&P 500, with a year-to-date return of -23.27% compared to the index's 12.22%. Over the past year, the company has seen a decline of 30.57%, while the S&P 500 gained 17.14%, reinforcing the notion that Novanta is not only overvalued but also struggling to deliver returns in a favorable market environment.

Is Novanta, Inc. technically bullish or bearish?

As of August 25, 2025, Novanta, Inc. is in a bearish technical trend with mixed momentum indicators, having underperformed the S&P 500 with a year-to-date return of -23.27% compared to the S&P's 12.22%.

As of 25 August 2025, the technical trend for Novanta, Inc. has changed from mildly bearish to bearish. The MACD is bearish on both the weekly and monthly time frames, and the daily moving averages also indicate a bearish stance. The RSI shows a bullish signal on the monthly but no signal on the weekly, suggesting mixed momentum. Bollinger Bands and KST are both bearish on the weekly and monthly, while Dow Theory indicates a mildly bullish weekly but a mildly bearish monthly outlook. Overall, the technical stance is bearish with moderate strength.<BR><BR>In terms of performance, Novanta has underperformed the S&P 500 across multiple periods, with a year-to-date return of -23.27% compared to the S&P's 12.22%, and a one-year return of -30.57% versus the S&P's 17.14%.

How big is Novanta, Inc.?

As of Jun 18, Novanta, Inc. has a market capitalization of $4.40 billion, with net sales of $951.70 million and a net profit of $70.62 million over the last four quarters.

Market Cap: As of Jun 18, Novanta, Inc. has a market capitalization of 4,398.87 million, categorizing it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, Novanta, Inc. reported net sales of 951.70 million and a net profit of 70.62 million.<BR><BR>Balance Sheet Snapshot: As of Dec 24, the company reported shareholder's funds of 745.70 million and total assets of 1,388.51 million.

What does Novanta, Inc. do?

Novanta, Inc. designs and manufactures precision photonic and motion control components for the Electronics & Appliances industry, with recent net sales of $233 million and a market cap of approximately $4.4 billion. Key financial metrics include a P/E ratio of 61.00 and a return on equity of 9.68%.

Overview:<BR>Novanta, Inc. designs, develops, manufactures, and sells precision photonic and motion control components and subsystems in the Electronics & Appliances industry, operating within the mid-cap market.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 233 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 21 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 4,398.87 Million (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 61.00 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.38 <BR>Return on Equity: 9.68% <BR>Price to Book: 5.71 <BR><BR>Contact Details:<BR>Address: 125 Middlesex Tpke, BEDFORD MA: 01730-1409 <BR>Tel: ['1 781 2665618', '1 781 2665137'] <BR>Fax: 1 781 2665114 <BR>Website: https://www.novanta.com/

Who are in the management team of Novanta, Inc.?

As of March 2022, the management team of Novanta, Inc. includes Stephen Bershad (Independent Chairman), Matthijs Glastra (CEO), and several independent directors: Lonny Carpenter, Deborah Eldracher, Brian King, Ira Lamel, and Thomas Secor. They oversee the company's strategic direction and operations.

As of March 2022, the management team of Novanta, Inc. includes the following individuals:<BR><BR>- Mr. Stephen Bershad, Independent Chairman of the Board<BR>- Mr. Matthijs Glastra, Chief Executive Officer and Director<BR>- Mr. Lonny Carpenter, Independent Director<BR>- Ms. Deborah Eldracher, Independent Director<BR>- Mr. Brian King, Independent Director<BR>- Mr. Ira Lamel, Independent Director<BR>- Mr. Thomas Secor, Independent Director<BR><BR>This team is responsible for guiding the company's strategic direction and overseeing its operations.

Should I buy, sell or hold Novanta, Inc.?