Company Analysis Novanta Inc.
1. Summary
Advantages
- The stock's return over the last year (-21.08%) is higher than the sector average (-21.34%).
Disadvantages
- Price (134.7 $) is higher than fair price (26.15 $)
- Dividends (0%) are below the sector average (0.6778%).
- Current debt level 29.63% has increased over 5 years from 0.5785%.
- The company's current efficiency (ROE=10.82%) is lower than the sector average (ROE=16.81%)
Similar companies
2. Share price and performance
2.1. Share price
2.2. News
2.3. Market efficiency
| Novanta Inc. | Technology | Index | |
|---|---|---|---|
| 7 days | -5.1% | -12.7% | -2.4% |
| 90 days | -19.5% | -26.9% | -12.5% |
| 1 year | -21.1% | -21.3% | 8.9% |
NOVT vs Sector: Novanta Inc. has outperformed the "Technology" sector by 0.2619% over the past year.
NOVT vs Market: Novanta Inc. has significantly underperformed the market by -30.01% over the past year.
Stable price: NOVT is not significantly more volatile than the rest of the market on "NASDAQ" over the last 3 months, with typical variations of +/- 5% per week.
Long period: NOVT with weekly volatility of -0.4054% over the past year.
3. Summary of the report
4. Fundamental Analysis
4.1. Stock price and price forecast
Above fair price: The current price (134.7 $) is higher than the fair price (26.15 $).
Price is higher than fair: The current price (134.7 $) is 80.6% higher than the fair price.
4.2. P/E
P/E vs Sector: The company's P/E (83.41) is higher than that of the sector as a whole (76).
P/E vs Market: The company's P/E (83.41) is higher than that of the market as a whole (49.14).
4.2.1 P/E Similar companies
4.3. P/BV
P/BV vs Sector: The company's P/BV (9.03) is lower than that of the sector as a whole (9.31).
P/BV vs Market: The company's P/BV (9.03) is higher than that of the market as a whole (3.42).
4.3.1 P/BV Similar companies
4.4. P/S
P/S vs Sector: The company's P/S indicator (6.89) is lower than that of the sector as a whole (8.39).
P/S vs Market: The company's P/S indicator (6.89) is lower than that of the market as a whole (10.29).
4.4.1 P/S Similar companies
4.5. EV/Ebitda
EV/Ebitda vs Sector: The company's EV/Ebitda (37.54) is lower than that of the sector as a whole (121.85).
EV/Ebitda vs Market: The company's EV/Ebitda (37.54) is higher than that of the market as a whole (25.23).
5. Profitability
5.1. Profitability and revenue
5.2. Earnings per share - EPS
5.3. Past profitability Net Income
Yield Trend: Rising and has grown by 12.39% over the last 5 years.
Earnings Slowdown: The last year's return (0%) is below the 5-year average return (12.39%).
Profitability vs Sector: The return for the last year (0%) exceeds the return for the sector (-8.59%).
5.4. ROE
ROE vs Sector: The company's ROE (10.82%) is lower than that of the sector as a whole (16.81%).
ROE vs Market: The company's ROE (10.82%) is higher than that of the market as a whole (8.97%).
5.5. ROA
ROA vs Sector: The company's ROA (5.94%) is lower than that of the sector as a whole (9.13%).
ROA vs Market: The company's ROA (5.94%) is lower than that of the market as a whole (6.31%).
5.6. ROIC
ROIC vs Sector: The company's ROIC (6.73%) is lower than that of the sector as a whole (13.26%).
ROIC vs Market: The company's ROIC (6.73%) is lower than that of the market as a whole (10.96%).
7. Dividends
7.1. Dividend yield vs Market
Low yield: The dividend yield of the company 0% is below the average for the sector '0.6778%.
7.2. Stability and increase in payments
Unstable dividends: The company's dividend yield 0% has not been consistently paid over the past 7 years, DSI=0.
Weak dividend growth: The company's dividend yield 0% has been growing weakly or stagnant over the past 5 years. Growth over only 0 years.
7.3. Payout percentage
Dividend Coverage: Current payments from income (0%) are at an uncomfortable level.
8. Insider trades
8.1. Insider trading
Insider Buying Exceeds insider sales by 100% over the last 3 months.
8.2. Latest transactions
| Transaction date | Insider | Type | Price | Volume | Quantity |
|---|---|---|---|---|---|
| 02.12.2024 | Glastra Matthijs Officer |
Purchase | 165 | 330 000 | 2 000 |
| 12.07.2024 | Buckley Robert Chief Financial Officer |
Sale | 170.19 | 311 448 | 1 830 |
| 12.07.2024 | Buckley Robert Chief Financial Officer |
Purchase | 14.13 | 25 858 | 1 830 |
| 10.06.2024 | Secor Thomas N Director |
Sale | 158.6 | 158 600 | 1 000 |
| 20.02.2024 | Glastra Matthijs Chief Executive Officer |
Purchase | 158.45 | 419 734 | 2 649 |
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