Novanta Valuation
NOVT Stock | USD 149.63 1.97 1.33% |
At this time, the firm appears to be fairly valued. Novanta secures a last-minute Real Value of $148.33 per share. The latest price of the firm is $149.63. Our model forecasts the value of Novanta from analyzing the firm fundamentals such as Profit Margin of 0.07 %, current valuation of 5.73 B, and Return On Equity of 0.0867 as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Novanta's valuation include:
Price Book 7.1466 | Enterprise Value | Enterprise Value Ebitda 33.6316 | Price Sales 5.8249 | Trailing PE 89.0655 |
Fairly Valued
Today
Please note that Novanta's price fluctuation is very steady at this time. Calculation of the real value of Novanta is based on 3 months time horizon. Increasing Novanta's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Novanta's intrinsic value may or may not be the same as its current market price of 149.63, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 149.63 | Real 148.33 | Target 164.78 | Hype 149.56 |
The intrinsic value of Novanta's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Novanta's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Novanta helps investors to forecast how Novanta stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Novanta more accurately as focusing exclusively on Novanta's fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Novanta's intrinsic value based on its ongoing forecasts of Novanta's financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Novanta's closest peers.
Novanta Cash |
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Novanta Valuation Trend
Novanta's real value is important for investors to make better decisions and a more accurate overall view of Novanta's financial worth over time. Using both Novanta's enterprise value as well as its market capitalization is the best way to gauge the value of the company and is usually enough for investors to make market timing conclusions.
Novanta Total Value Analysis
Novanta is now anticipated to have valuation of 5.73 B with market capitalization of 5.37 B, debt of 404.56 M, and cash on hands of 100.49 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Novanta fundamentals before making equity appraisal based on enterprise value of the companyTakeover Price | Market Cap | Debt Obligations | Cash |
5.73 B | 5.37 B | 404.56 M | 100.49 M |
Novanta Investor Information
About 99.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.11. Novanta had not issued any dividends in recent years. The entity had 1:3 split on the 29th of December 2010. Based on the key measurements obtained from Novanta's financial statements, Novanta is performing exceptionally good at this time. It has a great probability to report excellent financial results in February.Novanta Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Novanta has an asset utilization ratio of 71.91 percent. This implies that the Company is making $0.72 for each dollar of assets. An increasing asset utilization means that Novanta is more efficient with each dollar of assets it utilizes for everyday operations.Novanta Ownership Allocation
The majority of Novanta outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Novanta to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Novanta. Please pay attention to any change in the institutional holdings of Novanta as this could imply that something significant has changed or is about to change at the company.Novanta Profitability Analysis
The company reported the previous year's revenue of 881.66 M. Net Income was 72.88 M with profit before overhead, payroll, taxes, and interest of 404.88 M.About Novanta Valuation
The stock valuation mechanism determines Novanta's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Novanta based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Novanta. We calculate exposure to Novanta's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Novanta's related companies.Last Reported | Projected for Next Year | ||
Gross Profit | 459.9 M | 482.9 M | |
Pretax Profit Margin | 0.09 | 0.09 | |
Operating Profit Margin | 0.11 | 0.12 | |
Net Profit Margin | 0.07 | 0.08 | |
Gross Profit Margin | 0.41 | 0.32 |
Novanta Growth Indicators
Investing in growth stocks can be very risky. If the company such as Novanta does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding | 36 M | |
Quarterly Earnings Growth Y O Y | -0.102 |
Novanta Current Valuation Indicators
Novanta's valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Novanta's valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Novanta, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Novanta's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Novanta's worth.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.