Novanta Inc. - Common Shares (NOVT)
Technology › Miscellaneous Electrical Machinery, Equipment & Supplies
Price History
Feb 9, 2026 — May 12, 2026Investment Snapshot
- Trading 283% above Graham Number — above intrinsic value estimate
- Piotroski F-Score 7/9 — financially strong with improving fundamentals
- ROE of 4.4% — below-average profitability
Novanta Inc. - Common Shares (NOVT) is a Technology company operating in Miscellaneous Electrical Machinery, Equipment & Supplies, listed on the NASDAQ , with a market capitalisation of $5.0 billion . Key value metrics: P/E ratio 86.8, P/B ratio 3.80, Piotroski F-Score 7 out of 9 (strong financial health) .
Value Score
Key Metrics
Current vs 5-Year Average
Based on 5 years of SEC filingsRevenue & Net Income
Financial Statements
| Metric | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | $X.XB | $X.XB | $X.XB |
| Gross Profit | $X.XB | $X.XB | $X.XB |
| Operating Income | $X.XB | $X.XB | $X.XB |
| Net Income | $X.XB | $X.XB | $X.XB |
| EBITDA | $X.XB | $X.XB | $X.XB |
| Total Assets | $X.XB | $X.XB | $X.XB |
| Total Liabilities | $X.XB | $X.XB | $X.XB |
Novanta Inc. - Common Shares — Fundamental Analysis Summary
Novanta Inc. - Common Shares (NOVT) is currently trading 283% above its Graham Number of $36.56, suggesting the market price exceeds Benjamin Graham's intrinsic value estimate. The stock carries an elevated trailing P/E ratio of 86.8x.
On financial health, NOVT shows a strong Piotroski F-Score of 7/9, indicating improving fundamentals across profitability, leverage, and efficiency, and modest return on equity of 4.4% (sector average: -2.4%), and minimal leverage with a debt-to-equity ratio of 0.15.
StockPik's composite Value Score for NOVT is 67/100 — an above-average value rating. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.
NOVT reports a solid gross margin of 44.5% (sector average: 41.5%) and a modest operating margin of 9.9%.
NOVT shows revenue growing at 3% year-over-year, with earnings declining at 16%.