Novanta Inc
NASDAQ:NOVT

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Novanta Inc
NASDAQ:NOVT
Watchlist
Price: 113.14 USD -2.19% Market Closed
Market Cap: 4.1B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one NOVT stock under the Base Case scenario is 172.07 USD. Compared to the current market price of 113.14 USD, Novanta Inc is Undervalued by 34%.

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
172.07 USD
Undervaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

4.3
P/S
P/S
Price to Sales
4.3
vs History
98
vs Industry
17
Median 3Y
6.3
Median 5Y
6.5
Industry
1.9
Forward
4.1
More Details
66.3
P/E
P/E
Price to Earnings
66.3
vs History
88
vs Industry
8
Median 3Y
78.2
Median 5Y
85.6
Industry
23.7
Forward
32.9
More Details
31
P/OCF
P/OCF
Price to OCF
31
vs History
90
vs Industry
18
Median 3Y
46
Median 5Y
43.5
Industry
16.1
More Details
64.1
P/FCFE
P/FCFE
Price to FCFE
64.1
vs History
23
vs Industry
23
Median 3Y
32.9
Median 5Y
33.6
Industry
21.6
More Details
5.1
P/B
P/B
Price to Book Value
5.1
vs History
98
vs Industry
8
Median 3Y
8.4
Median 5Y
8.9
Industry
2.2
More Details
4.6
EV/S
EV/S
Enterprise Value to Sales
4.6
vs History
98
vs Industry
15
Median 3Y
6.7
Median 5Y
7
Industry
1.9
Forward
4.4
More Details
10.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
10.3
vs History
98
vs Industry
27
Median 3Y
15
Median 5Y
15.7
Industry
7.8
More Details
24.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
24.1
vs History
98
vs Industry
19
Median 3Y
35.5
Median 5Y
37.4
Industry
15.1
Forward
19
More Details
35.2
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
35.2
vs History
98
vs Industry
15
Median 3Y
51
Median 5Y
54.7
Industry
19.3
Forward
24
More Details
33.6
EV/OCF
EV/OCF
Enterprise Value to OCF
33.6
vs History
85
vs Industry
17
Median 3Y
48.7
Median 5Y
46.2
Industry
15.5
More Details
37.5
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
37.5
vs History
80
vs Industry
15
Median 3Y
57.7
Median 5Y
55
Industry
18.2
More Details
3.4
EV/IC
EV/IC
Enterprise Value to IC
3.4
vs History
98
vs Industry
13
Median 3Y
5.1
Median 5Y
5.3
Industry
1.7
More Details

Multiples Across Competitors

NOVT Competitors Multiples
Novanta Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Novanta Inc
NASDAQ:NOVT
4.1B USD 4.3 66.3 24.1 35.2
JP
Keyence Corp
TSE:6861
13.5T JPY 12.7 33.8 21.7 22.3
CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
270.3B CNY 2.9 21.5 17.2 17.2
SE
Hexagon AB
STO:HEXA B
290.6B SEK 4.8 27.5 14.6 21.4
US
Keysight Technologies Inc
NYSE:KEYS
27.8B USD 5.4 37.5 24.2 31.6
CN
Zhonghang Electronic Measuring Instruments Co Ltd
SZSE:300114
193.2B CNY 117.8 1 890.2 2 354.3 2 354.3
US
Teledyne Technologies Inc
NYSE:TDY
25.4B USD 4.3 29.6 19.9 26.1
US
Trimble Inc
NASDAQ:TRMB
19.7B USD 5.5 68.6 28.4 39.5
UK
Halma PLC
LSE:HLMA
12.4B GBP 5.5 41.7 23.4 29.9
US
Zebra Technologies Corp
NASDAQ:ZBRA
15.9B USD 3.1 29 17.5 21.2
IL
Mobileye Global Inc
NASDAQ:MBLY
11B USD 5.7 -3.7 -3.6 -3

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
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