Novanta Inc. (NOVT) is a Hardware, Equipment & Parts company in the Technology sector, currently trading at $126.45. It has a SharesGrow Score of 61/100, indicating a above average investment profile with 3 out of 7 criteria passed.
SharesGrow calculates the intrinsic value of NOVT = $312.83 (+147.4% from the current price, the stock appears undervalued). Analyst consensus target is NOVT = $150 (+18.6% upside).
Valuation: NOVT trades at a trailing Price-to-Earnings (P/E) of 87 (S&P 500 average ~25) with a forward Price/Earnings-to-Growth (PEG) of 6.42.
Financials: revenue is $981M, +4.5%/yr average growth. Net income is $54M, growing at -9.9%/yr. Net profit margin is 5.5% (thin). Gross margin is 44.4% (+0.4 pp trend).
Balance sheet: total debt is $342M against $1.3B equity (Debt-to-Equity (D/E) ratio 0.26, conservative). Current ratio is 3.69 (strong liquidity). Debt-to-assets is 18.9%. Total assets: $1.8B.
Analyst outlook: 2 / 3 analysts rate NOVT as buy (67%) — moderate consensus.
SharesGrow 7-Criteria breakdown: Value 42/100 (Partial), Growth 30/100 (Fail), Past 100/100 (Pass), Health 83/100 (Pass), Moat 59/100 (Partial), Future 67/100 (Pass), Income 45/100 (Partial).
