Novanta Stock Five Year Return

NOVT Stock

USD 169.79 5.07 3.08%

Novanta fundamentals help investors to digest information that contributes to Novanta's financial success or failures. It also enables traders to predict the movement of Novanta Stock. The fundamental analysis module provides a way to measure Novanta's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Novanta stock.

Short Long Term Debt Total Total Assets

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Novanta Company Five Year Return Analysis

Novanta's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Five Year Return

(Mean of Monthly Returns - 1)

X

100%

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Novanta Five Year Return Driver Correlations

Understanding the fundamental principles of building solid financial models for Novanta is extremely important. It helps to project a fair market value of Novanta Stock properly, considering its historical fundamentals such as Five Year Return. Since Novanta's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Novanta's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Novanta's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Long Term Debt	Common Stock	Property Plant Equipment	Good Will	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.97	0.97	0.83	0.84	0.87	0.98	0.92	0.68	0.8	0.9	0.46	0.97	0.99	0.06	-0.91	0.96	0.88	0.72	0.49	-0.75	0.9	0.61	-0.54
Total Stockholder Equity	0.97		0.91	0.86	0.73	0.81	0.9	0.87	0.75	0.67	0.8	0.48	0.94	0.97	0.04	-0.81	0.95	0.86	0.6	0.58	-0.77	0.89	0.69	-0.68
Net Debt	0.97	0.91		0.82	0.85	0.88	0.98	0.9	0.57	0.79	0.93	0.37	0.96	0.97	0.17	-0.95	0.96	0.8	0.68	0.43	-0.71	0.93	0.63	-0.48
Retained Earnings	0.83	0.86	0.82		0.57	0.67	0.77	0.69	0.61	0.48	0.68	0.05	0.86	0.88	0.15	-0.71	0.88	0.72	0.58	0.49	-0.72	0.86	0.7	-0.66
Accounts Payable	0.84	0.73	0.85	0.57		0.9	0.89	0.93	0.3	0.94	0.95	0.51	0.77	0.81	-0.07	-0.85	0.74	0.88	0.72	0.23	-0.68	0.76	0.42	-0.05
Net Receivables	0.87	0.81	0.88	0.67	0.9		0.88	0.96	0.4	0.81	0.94	0.58	0.83	0.86	-0.05	-0.82	0.83	0.83	0.66	0.37	-0.65	0.87	0.68	-0.25
Total Liab	0.98	0.9	0.98	0.77	0.89	0.88		0.93	0.58	0.88	0.95	0.42	0.95	0.97	0.07	-0.95	0.93	0.85	0.78	0.4	-0.7	0.87	0.52	-0.41
Total Current Assets	0.92	0.87	0.9	0.69	0.93	0.96	0.93		0.51	0.88	0.95	0.6	0.86	0.9	-0.06	-0.84	0.85	0.9	0.73	0.34	-0.68	0.87	0.62	-0.28
Short Term Debt	0.68	0.75	0.57	0.61	0.3	0.4	0.58	0.51		0.32	0.42	0.29	0.67	0.68	0.16	-0.45	0.66	0.53	0.32	0.42	-0.42	0.59	0.49	-0.66
Intangible Assets	0.8	0.67	0.79	0.48	0.94	0.81	0.88	0.88	0.32		0.91	0.48	0.75	0.76	-0.08	-0.86	0.68	0.85	0.86	0.19	-0.57	0.64	0.22	0.01
Long Term Debt	0.9	0.8	0.93	0.68	0.95	0.94	0.95	0.95	0.42	0.91		0.46	0.87	0.89	0.07	-0.92	0.85	0.85	0.75	0.3	-0.64	0.87	0.55	-0.18
Common Stock	0.46	0.48	0.37	0.05	0.51	0.58	0.42	0.6	0.29	0.48	0.46		0.36	0.4	-0.22	-0.36	0.38	0.52	0.16	0.37	-0.26	0.37	0.38	-0.18
Property Plant Equipment	0.97	0.94	0.96	0.86	0.77	0.83	0.95	0.86	0.67	0.75	0.87	0.36		0.98	0.13	-0.92	0.96	0.82	0.74	0.48	-0.75	0.91	0.57	-0.57
Good Will	0.99	0.97	0.97	0.88	0.81	0.86	0.97	0.9	0.68	0.76	0.89	0.4	0.98		0.1	-0.91	0.98	0.86	0.69	0.51	-0.75	0.93	0.65	-0.57
Current Deferred Revenue	0.06	0.04	0.17	0.15	-0.07	-0.05	0.07	-0.06	0.16	-0.08	0.07	-0.22	0.13	0.1		-0.11	0.15	-0.02	-0.06	-0.19	-0.08	0.14	0.15	-0.17
Net Tangible Assets	-0.91	-0.81	-0.95	-0.71	-0.85	-0.82	-0.95	-0.84	-0.45	-0.86	-0.92	-0.36	-0.92	-0.91	-0.11		-0.9	-0.79	-0.74	-0.37	0.64	-0.83	-0.44	0.37
Long Term Debt Total	0.96	0.95	0.96	0.88	0.74	0.83	0.93	0.85	0.66	0.68	0.85	0.38	0.96	0.98	0.15	-0.9		0.78	0.62	0.53	-0.69	0.92	0.71	-0.66
Capital Surpluse	0.88	0.86	0.8	0.72	0.88	0.83	0.85	0.9	0.53	0.85	0.85	0.52	0.82	0.86	-0.02	-0.79	0.78		0.73	0.41	-0.79	0.78	0.49	-0.28
Deferred Long Term Liab	0.72	0.6	0.68	0.58	0.72	0.66	0.78	0.73	0.32	0.86	0.75	0.16	0.74	0.69	-0.06	-0.74	0.62	0.73		0.12	-0.54	0.53	0.09	-0.09
Long Term Investments	0.49	0.58	0.43	0.49	0.23	0.37	0.4	0.34	0.42	0.19	0.3	0.37	0.48	0.51	-0.19	-0.37	0.53	0.41	0.12		-0.32	0.43	0.49	-0.63
Short Long Term Debt	-0.75	-0.77	-0.71	-0.72	-0.68	-0.65	-0.7	-0.68	-0.42	-0.57	-0.64	-0.26	-0.75	-0.75	-0.08	0.64	-0.69	-0.79	-0.54	-0.32		-0.71	-0.39	0.39
Net Invested Capital	0.9	0.89	0.93	0.86	0.76	0.87	0.87	0.87	0.59	0.64	0.87	0.37	0.91	0.93	0.14	-0.83	0.92	0.78	0.53	0.43	-0.71		0.8	-0.48
Net Working Capital	0.61	0.69	0.63	0.7	0.42	0.68	0.52	0.62	0.49	0.22	0.55	0.38	0.57	0.65	0.15	-0.44	0.71	0.49	0.09	0.49	-0.39	0.8		-0.56
Capital Stock	-0.54	-0.68	-0.48	-0.66	-0.05	-0.25	-0.41	-0.28	-0.66	0.01	-0.18	-0.18	-0.57	-0.57	-0.17	0.37	-0.66	-0.28	-0.09	-0.63	0.39	-0.48	-0.56

Click cells to compare fundamentals

Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.

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Novanta Return On Tangible Assets

Return On Tangible Assets

0.12

At this time, Novanta's Return On Tangible Assets are comparatively stable compared to the past year.

According to the company disclosure, Novanta has a Five Year Return of 0.0%. This indicator is about the same for the Electronic Equipment, Instruments & Components average (which is currently at 0.0) sector and about the same as Information Technology (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Novanta Five Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Novanta's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Novanta could also be used in its relative valuation, which is a method of valuing Novanta by comparing valuation metrics of similar companies.

Novanta is currently under evaluation in five year return category among its peers.

Novanta ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Novanta's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Novanta's managers, analysts, and investors.

Environmental

Governance

Social

Novanta Fundamentals

	Return On Equity	0.0867
	Return On Asset	0.0535
	Profit Margin	0.07 %
	Operating Margin	0.14 %
	Current Valuation	6.52 B
	Shares Outstanding	35.92 M
	Shares Owned By Insiders	0.87 %
	Shares Owned By Institutions	99.13 %
	Number Of Shares Shorted	1.71 M
	Price To Earning	126.20 X
	Price To Book	8.22 X
	Price To Sales	6.61 X
	Revenue	881.66 M
	Gross Profit	378.63 M
	EBITDA	164.16 M
	Net Income	72.88 M
	Cash And Equivalents	100.49 M
	Cash Per Share	2.82 X
	Total Debt	404.56 M
	Debt To Equity	0.87 %
	Current Ratio	2.01 X
	Book Value Per Share	20.66 X
	Cash Flow From Operations	109.51 M
	Short Ratio	13.46 X
	Earnings Per Share	1.66 X
	Price To Earnings To Growth	2.11 X
	Target Price	178.0
	Number Of Employees	2.9 K
	Beta	1.29
	Market Capitalization	6.1 B
	Total Asset	1.23 B
	Retained Earnings	203.46 M
	Working Capital	276.12 M
	Current Asset	208.74 M
	Current Liabilities	36.6 M
	Net Asset	1.23 B

About Novanta Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Novanta's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Novanta using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Novanta based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Novanta Stock Analysis

When running Novanta's price analysis, check to measure Novanta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novanta is operating at the current time. Most of Novanta's value examination focuses on studying past and present price action to predict the probability of Novanta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novanta's price. Additionally, you may evaluate how the addition of Novanta to your portfolios can decrease your overall portfolio volatility.

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