Novanta Stock Current Valuation
| 1GSN Stock | EUR 147.00 0.00 0.00% |
Valuation analysis of Novanta helps investors to measure Novanta's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Novanta's price fluctuation is very steady at this time. Calculation of the real value of Novanta is based on 3 months time horizon. Increasing Novanta's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Novanta stock is determined by what a typical buyer is willing to pay for full or partial control of Novanta. Since Novanta is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Novanta Stock. However, Novanta's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 147.0 | Real 128.31 | Hype 147.0 |
The real value of Novanta Stock, also known as its intrinsic value, is the underlying worth of Novanta Company, which is reflected in its stock price. It is based on Novanta's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Novanta's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Novanta helps investors to forecast how Novanta stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Novanta more accurately as focusing exclusively on Novanta's fundamentals will not take into account other important factors: Novanta Company Current Valuation Analysis
Novanta's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Novanta Current Valuation | 5.53 B |
Most of Novanta's fundamental indicators, such as Current Valuation, 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.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Novanta has a Current Valuation of 5.53 B. This is 71.36% lower than that of the Technology sector and about the same as Scientific & Technical Instruments (which currently averages 5.46 B) industry. The current valuation for all Germany stocks is 66.73% higher than that of the company.
Novanta Current Valuation 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 Current Valuation 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 current valuation 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.