First Time Loading...

Novanta Inc
NASDAQ:NOVT

Watchlist Manager
Novanta Inc Logo
Novanta Inc
NASDAQ:NOVT
Watchlist
Price: 160.03 USD 0.39% Market Closed
Updated: Apr 30, 2024
Section:
 

Relative Value

The Relative Value of one NOVT stock under the Base Case scenario is 89.15 USD. Compared to the current market price of 160.03 USD, Novanta Inc is Overvalued by 44%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NOVT Relative Value
Base Case
89.15 USD
Overvaluation 44%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

6.5
P/S
P/S
Price to Sales
6.5
vs History
44
vs Industry
12
Median 3Y
6.8
Median 5Y
6.4
Industry
1.6
Forward
5.7
More Details
78.6
P/E
P/E
Price to Earnings
78.6
vs History
50
vs Industry
7
Median 3Y
82.7
Median 5Y
79.4
Industry
22.1
Forward
48.2
More Details
47.7
P/OCF
P/OCF
Price to OCF
47.7
vs History
55
vs Industry
10
Median 3Y
52.5
Median 5Y
49.1
Industry
13.7
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
7
Median 3Y
20.4
Median 5Y
52.1
Industry
19.5
More Details
8.5
P/B
P/B
Price to Book Value
8.5
vs History
60
vs Industry
5
Median 3Y
9.5
Median 5Y
8.9
Industry
1.9
More Details
6.8
EV/S
EV/S
Enterprise Value to Sales
6.8
vs History
44
vs Industry
11
Median 3Y
7.2
Median 5Y
6.6
Industry
1.7
Forward
5.9
More Details
15
EV/GP
EV/GP
Enterprise Value to Gross Profit
15
vs History
52
vs Industry
20
Median 3Y
16.3
Median 5Y
15.3
Industry
6.9
More Details
35.2
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
35.2
vs History
55
vs Industry
14
Median 3Y
38.4
Median 5Y
36
Industry
14.5
Forward
26.7
More Details
48.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
48.5
vs History
63
vs Industry
11
Median 3Y
54.8
Median 5Y
52.9
Industry
17.5
Forward
33.6
More Details
49.8
EV/OCF
EV/OCF
Enterprise Value to OCF
49.8
vs History
55
vs Industry
9
Median 3Y
56.3
Median 5Y
51.6
Industry
13.4
More Details
59.7
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
59.7
vs History
53
vs Industry
9
Median 3Y
71
Median 5Y
62
Industry
16.3
More Details
5.6
EV/IC
EV/IC
Enterprise Value to IC
5.6
vs History
36
vs Industry
7
Median 3Y
5.6
Median 5Y
5.3
Industry
1.5
More Details

Multiples Across Competitors

NOVT Competitors Multiples
Novanta Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Novanta Inc
NASDAQ:NOVT
5.7B USD 6.5 78.6 35.2 48.5
JP
Keyence Corp
TSE:6861
16.9T JPY 17.8 46.7 31.7 32.5
CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
310.3B CNY 3.7 24.2 19.9 19.9
SE
Hexagon AB
STO:HEXA B
322.7B SEK 5.1 32.1 14.1 19.1
US
Keysight Technologies Inc
NYSE:KEYS
26.3B USD 4.9 27.1 17.3 20.5
IL
Mobileye Global Inc
NASDAQ:MBLY
22.3B USD 12 -134.4 68.5 -111
US
Teledyne Technologies Inc
NYSE:TDY
18.2B USD 3.2 20.5 14.9 19.5
US
Zebra Technologies Corp
NASDAQ:ZBRA
15.5B USD 3.4 52.2 22.8 29.7
US
Trimble Inc
NASDAQ:TRMB
15B USD 3.9 48 23.2 34.9
UK
Halma PLC
LSE:HLMA
8.5B GBP 4.4 35.6 20.8 27.1
US
Coherent Inc
NASDAQ:COHR
8.4B USD 1.8 -20.8 14 61

See Also

Summary
NOVT intrinsic value, competitors valuation, and company profile.
DCF Valuation
NOVT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NOVT stock valuation using valuation multiples.
Wall Street Estimates
NOVT price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NOVT stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
ALPHA SPREAD
Join more than 132,600+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2024 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.