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Novanta Inc. Tangible Equity Units

Novanta Inc. Tangible Equity Units

NOVTU
Novanta Inc. Tangible Equity UnitsUS flagNASDAQ Global Select
70.11
USD
-0.70
- -
2.50BMarket Cap

Total Valuation

Novanta Inc. Tangible Equity Units carries a market capitalization of 2.50B, placing it among publicly traded companies globally. Its enterprise value stands at -98.31M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap2.50B
Enterprise Value-98.31M

Share Statistics

Novanta Inc. Tangible Equity Units currently has 35.61M shares outstanding.

Shares Outstanding35.61M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Enterprise Valuation

On an enterprise value basis, Novanta Inc. Tangible Equity Units trades at an EV/EBITDA multiple of 4.53 and an EV/FCF ratio of 6.08. The EV/Sales ratio of 0.85 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 6.70 provides insight into valuation relative to core operating earnings.

EV / Sales0.85
EV / EBITDA4.53
EV / EBIT6.70
EV / FCF6.08

Financial Position

Novanta Inc. Tangible Equity Units maintains a current ratio of 3.56, meaning it holds 3.6x the short-term assets needed to cover near-term liabilities.

Current Ratio3.56
Quick Ratio2.59
Debt / Equity22.16
Debt / EBITDA1.62
Interest CoverageN/A

Financial Efficiency

Novanta Inc. Tangible Equity Units posts a return on equity of 7.26 and a return on invested capital of 6.36.

Return on Equity (ROE)7.26
Return on Assets (ROA)3.37
Return on Invested Capital (ROIC)6.36
Return on Capital Employed (ROCE)4.86
Revenue Per EmployeeN/A
Employee CountN/A
Inventory Turnover3.31

Taxes

Over the trailing twelve months, Novanta Inc. Tangible Equity Units has paid 15.86M in income taxes, reflecting an effective tax rate of 22.79.

Income Tax15.86M
Effective Tax Rate22.79

Stock Price Statistics

Novanta Inc. Tangible Equity Units's stock has gained approximately 45.75884% over the past 52 weeks. The 50-day moving average sits at 59.49, while the 200-day moving average is 57.56.

Beta (5Y)N/A
52-Week Price Change45.75884%
50-Day Moving Average59.49
200-Day Moving Average57.56
Average Volume (20 Days)N/A

Income Statement

EBITDA reached 179.37M, while operating income came in at 116.84M.

Revenue1.00B
Gross Profit444.51M
Operating Income116.84M
Pretax Income69.58M
Net Income53.72M
EBITDA179.37M
EBIT116.84M
Earnings Per Share (EPS)N/A

Balance Sheet

Novanta Inc. Tangible Equity Units holds 388.80M in cash and equivalents against 290.49M in total debt, resulting in a net debt position of -147.38M. Total book value stands at 766.33M, with working capital of 566.01M providing operational flexibility.

Cash & Cash Equivalents388.80M
Total Debt290.49M
Net Debt-147.38M
Equity (Book Value)766.33M
Book Value Per ShareN/A
Working Capital566.01M

Cash Flow

Novanta Inc. Tangible Equity Units produced 83.98M in operating cash flow over the past twelve months.

Operating Cash Flow83.98M
Capital Expenditures-15.48M
Free Cash Flow68.50M
FCF Per ShareN/A

Margins

Novanta Inc. Tangible Equity Units operates with a gross margin of 44.23, reflecting its pricing power and cost economics. The operating margin of 11.63 and net profit margin of 5.35 provide insight into operational efficiency.

Gross Margin44.23
Operating Margin11.63
Pretax Margin6.92
Profit Margin5.35
EBITDA Margin17.85

Scores

Novanta Inc. Tangible Equity Units posts an Altman Z-Score of 2.59, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.59