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Novanta Inc. Tangible Equity Units

Novanta Inc. Tangible Equity Units

NOVTU
Novanta Inc. Tangible Equity UnitsUS flagNASDAQ Global Select
62.68
USD
+1.06
- -
2.23BMarket Cap

Total Valuation

Novanta Inc. Tangible Equity Units carries a market capitalization of 2.23B, placing it among publicly traded companies globally. Its enterprise value stands at 2.11B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap2.23B
Enterprise Value2.11B

Share Statistics

Novanta Inc. Tangible Equity Units currently has 37.82M shares outstanding.

Shares Outstanding37.82M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Valuation Ratios

PE RatioN/A
PS RatioN/A
PB Ratio1.58
P/TBV Ratio3.13
P/FCF RatioN/A
P/OCF RatioN/A

Enterprise Valuation

On an enterprise value basis, Novanta Inc. Tangible Equity Units trades at an EV/EBITDA multiple of 11.65 and an EV/FCF ratio of 13.79. The EV/Sales ratio of 2.05 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 17.64 provides insight into valuation relative to core operating earnings.

EV / Sales2.05
EV / EBITDA11.65
EV / EBIT17.64
EV / FCF13.79

Financial Position

Novanta Inc. Tangible Equity Units maintains a current ratio of 4.57, meaning it holds 4.6x the short-term assets needed to cover near-term liabilities.

Current Ratio4.57
Quick Ratio3.70
Debt / Equity17.61
Debt / EBITDA1.57
Interest CoverageN/A

Financial Efficiency

Novanta Inc. Tangible Equity Units posts a return on equity of 5.11 and a return on invested capital of 5.74.

Return on Equity (ROE)5.11
Return on Assets (ROA)3.38
Return on Invested Capital (ROIC)5.74
Return on Capital Employed (ROCE)3.84
Revenue Per EmployeeN/A
Employee CountN/A
Inventory Turnover3.17

Taxes

Over the trailing twelve months, Novanta Inc. Tangible Equity Units has paid 17.92M in income taxes, reflecting an effective tax rate of 22.49.

Income Tax17.92M
Effective Tax Rate22.49

Stock Price Statistics

Novanta Inc. Tangible Equity Units's stock has gained approximately 30.31185% over the past 52 weeks. The 50-day moving average sits at 64.05, while the 200-day moving average is 60.17.

Beta (5Y)N/A
52-Week Price Change30.31185%
50-Day Moving Average64.05
200-Day Moving Average60.17
Average Volume (20 Days)N/A

Income Statement

EBITDA reached 181.52M, while operating income came in at 119.92M.

Revenue1.03B
Gross Profit458.68M
Operating Income119.92M
Pretax Income79.69M
Net Income61.76M
EBITDA181.52M
EBIT119.92M
Earnings Per Share (EPS)N/A

Balance Sheet

Novanta Inc. Tangible Equity Units holds 718.65M in cash and equivalents against 284.72M in total debt, resulting in a net debt position of -488.99M. Total book value stands at 1.62B, with working capital of 877.66M providing operational flexibility.

Cash & Cash Equivalents718.65M
Total Debt284.72M
Net Debt-488.99M
Equity (Book Value)1.62B
Book Value Per Share42.75
Working Capital877.66M

Cash Flow

Novanta Inc. Tangible Equity Units produced 133.84M in operating cash flow over the past twelve months.

Operating Cash Flow133.84M
Capital Expenditures-19.56M
Free Cash Flow114.28M
FCF Per ShareN/A

Margins

Novanta Inc. Tangible Equity Units operates with a gross margin of 44.54, reflecting its pricing power and cost economics. The operating margin of 11.65 and net profit margin of 6.00 provide insight into operational efficiency.

Gross Margin44.54
Operating Margin11.65
Pretax Margin7.74
Profit Margin6.00
EBITDA Margin17.63

Dividends & Yields

Dividend Per ShareN/A
Dividend YieldN/A
Payout RatioN/A
Shareholder Yield-19.41
FCF YieldN/A

Scores

Novanta Inc. Tangible Equity Units posts an Altman Z-Score of 5.15, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score5.15