Novanta Stock Book Value Per Share
| 1GSN Stock | EUR 147.00 0.00 0.00% |
Novanta fundamentals help investors to digest information that contributes to Novanta's financial success or failures. It also enables traders to predict the movement of Novanta Stock. The fundamental analysis module provides a way to measure Novanta's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Novanta stock.
Novanta |
Novanta Company Book Value Per Share Analysis
Novanta's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Novanta Book Value Per Share | 15.19 X |
Most of Novanta's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Novanta is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
In accordance with the recently published financial statements, the book value per share of Novanta is about 15.192 times. This is 62.95% lower than that of the Technology sector and 30.07% higher than that of the Scientific & Technical Instruments industry. The book value per share for all Germany stocks is 99.21% higher than that of the company.
Novanta Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Novanta's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Novanta could also be used in its relative valuation, which is a method of valuing Novanta by comparing valuation metrics of similar companies.Novanta is rated below average in book value per share category among its peers.
Novanta Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0534 | |||
| Current Valuation | 5.53 B | |||
| Shares Outstanding | 35.69 M | |||
| Shares Owned By Insiders | 0.85 % | |||
| Shares Owned By Institutions | 99.15 % | |||
| Price To Earning | 134.04 X | |||
| Price To Book | 9.99 X | |||
| Price To Sales | 5.73 X | |||
| Revenue | 706.79 M | |||
| Gross Profit | 378.47 M | |||
| EBITDA | 125.47 M | |||
| Net Income | 50.33 M | |||
| Cash And Equivalents | 125.05 M | |||
| Cash Per Share | 3.54 X | |||
| Total Debt | 429.36 M | |||
| Debt To Equity | 0.53 % | |||
| Current Ratio | 2.66 X | |||
| Book Value Per Share | 15.19 X | |||
| Cash Flow From Operations | 94.62 M | |||
| Earnings Per Share | 1.91 X | |||
| Target Price | 145.0 | |||
| Number Of Employees | 2.7 K | |||
| Beta | 1.31 | |||
| Market Capitalization | 4.91 B | |||
| Total Asset | 1.23 B | |||
| Z Score | 6.6 | |||
| Net Asset | 1.23 B |
About Novanta Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Novanta's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Novanta using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Novanta based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in Novanta Stock
When determining whether Novanta is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Novanta Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Novanta Stock. Highlighted below are key reports to facilitate an investment decision about Novanta Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Novanta. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Novanta Stock please use our How to Invest in Novanta guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.