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NOVTUNovanta Inc. Tangible Equity Units
$62.92$2.2B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
NOVTU logo

Novanta Inc. Tangible Equity Units

NOVTU
NASDAQ
$62.92
At close - Oct 2, 4:00 PM EDT - USD
Market Cap$2.24B
P/E42.8x
52W High$76.95
Volume107.61K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Revenue Reacceleration and Deleveraging Mask Earnings Dilution

Novanta is demonstrating a fundamental inflection, with revenue growth re-accelerating to 10.3% year-over-year in 2026Q2 alongside a dramatic balance sheet de-risking, where the D/E ratio has collapsed from 0.64 to 0.18. The investment thesis is supported by i...

GrowthAccelerating
ProfitabilityModerate
ValuationAttractive
TechnicalsHealthy
Explore valuation models
MARKET ACTION

NOVTU price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/11 Beats

EPS beat 10 of last 11 quarters

02

Valuation risk

-51% Peers

P/E is 51% below peer median

03

Market leadership

RS 65 · Avg

Average momentum (RS Rating: 65)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystConfirmed earnings · Nov 10

Market performance

Price History →

Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
NOVTU+25.91%
S&P 500 (^GSPC)+12.66%
1-Year Return
NOVTU+16.49%
S&P 500 (^GSPC)+15.01%
3-Year Return
NOVTU+16.49%
S&P 500 (^GSPC)+84.58%
5-Year Return
NOVTU+16.49%
S&P 500 (^GSPC)+84.30%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
42.8x
Forward P/EExpansion
17.0x
EV/EBITDA100th %ile
12.3x
FCF YieldCash Flow
2.2%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
42.8x
37.4x
100th· High
EV/EBITDA
12.3x
11.1x
100th· High
Price/FCF
46.3x
41.7x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue
$981M
Net income
$54M
Free cash flow
$48M
Operating margin
11.9%
ROIC (TTM)6.9%
Avg ROIC 5Y-
ROE (TTM)4.1%
Piotroski Score8 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/11 (91%)
Revenue Beat Rate10/11 (91%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 5, 2026
$0.89+7.2%
vs $0.83
$266M+1.3%
vs $262M
Q2 2026
May 11, 2026
$0.81+4.2%
vs $0.78
$258M+1.7%
vs $253M
Q1 2026
Feb 23, 2026
$0.91+3.4%
vs $0.88
$258M+1.1%
vs $256M
Q4 2025
Nov 3, 2025
$0.87+6.5%
vs $0.82
$248M+0.8%
vs $246M
Historical baseline: 11 quarters analyzedGAAP / Adjusted
04

Compare before deciding

Benchmark NOVTU against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Novanta Inc. Tangible Equity Units (NOVTU)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
NOVTU logoNOVTUNovanta Inc. Tangible Equity UnitsCurrent
$62.92$2.24B42.80—5.49%4.1%—
NOVT logoNOVTNovanta Inc.
$149.27$5.32B101.543.3%6%4.9%—
MKSI logoMKSIMKS Inc.
$279.15$18.85B63.889.62%10.12%15.83%—
COHR logoCOHRCoherent, Inc.
$337.04$65.94B283.23-64.79%11.31%8.09%—
IPGP logoIPGPIPG Photonics Corporation
$84.05$3.57B115.142.73%2.58%1.3%—
LSCC logoLSCCLattice Semiconductor Corporation
$134.00$18.36B6008.972.72%5.58%4.93%—

Compare NOVTU vs Peers

Novanta Inc. Tangible Equity Units (NOVTU) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NOVT

Most directly comparable listed peer for NOVTU.

Scale Benchmark

vs ABT

Larger-name benchmark to compare NOVTU against a more recognizable public peer.

Peer Set

Compare Top 5

vs NOVT, MKSI, COHR, IPGP

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NOVTU Frequently Asked Questions

Novanta Inc. Tangible Equity Units (NOVTU) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Novanta Inc. Tangible Equity Units's revenue?

Novanta Inc. Tangible Equity Units (NOVTU) reported $1.03B in revenue for fiscal year 2025. This represents a 5% increase from $980.6M in 2025.

Is NOVTU profitable?

Yes, Novanta Inc. Tangible Equity Units (NOVTU) is profitable, generating $61.8M in net income for fiscal year 2025 (5.5% net margin).

Dividend & Returns
What is NOVTU's return on equity?

Novanta Inc. Tangible Equity Units (NOVTU) has a return on equity (ROE) of 4.1%. This is below average, suggesting room for improvement.

What is Novanta Inc. Tangible Equity Units's free cash flow?

Novanta Inc. Tangible Equity Units (NOVTU) generated $112.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in NOVTU back in 2025?

Total return calculator · dividends reinvested · 1+ years of data

See returns →