NOVT PE Ratio & Valuation,Is NOVT Overvalued

NOVT Relative Valuation

NOVT's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, NOVT is overvalued; if below, it's undervalued.

Historical Valuation

Novanta Inc (NOVT) is now in the Undervalued zone, suggesting that its current forward PE ratio of 34.17 is considered Undervalued compared with the five-year average of 47.10. The fair price of Novanta Inc (NOVT) is between 126.89 to 170.12 according to relative valuation methord. Compared to the current price of 118.82 USD , Novanta Inc is Undervalued By 6.36%.

Relative Value

Fair Zone

126.89-170.12

Current Price：118.82

6.36%

Undervalued

34.32

19.18

EV/EBITDA

Novanta Inc. (NOVT) has a current EV/EBITDA of 19.18. The 5-year average EV/EBITDA is 28.32. The thresholds are as follows: Strongly Undervalued below 18.54, Undervalued between 18.54 and 23.43, Fairly Valued between 33.21 and 23.43, Overvalued between 33.21 and 38.10, and Strongly Overvalued above 38.10. The current Forward EV/EBITDA of 19.18 falls within the Undervalued range.

24.28

EV/EBIT

Novanta Inc. (NOVT) has a current EV/EBIT of 24.28. The 5-year average EV/EBIT is 36.05. The thresholds are as follows: Strongly Undervalued below 23.18, Undervalued between 23.18 and 29.61, Fairly Valued between 42.48 and 29.61, Overvalued between 42.48 and 48.92, and Strongly Overvalued above 48.92. The current Forward EV/EBIT of 24.28 falls within the Undervalued range.

4.11

Novanta Inc. (NOVT) has a current PS of 4.11. The 5-year average PS is 5.87. The thresholds are as follows: Strongly Undervalued below 3.95, Undervalued between 3.95 and 4.91, Fairly Valued between 6.83 and 4.91, Overvalued between 6.83 and 7.79, and Strongly Overvalued above 7.79. The current Forward PS of 4.11 falls within the Undervalued range.

0.00

P/OCF

Novanta Inc. (NOVT) has a current P/OCF of 0.00. The 5-year average P/OCF is 30.31. The thresholds are as follows: Strongly Undervalued below -4.62, Undervalued between -4.62 and 12.85, Fairly Valued between 47.78 and 12.85, Overvalued between 47.78 and 65.24, and Strongly Overvalued above 65.24. The current Forward P/OCF of 0.00 falls within the Undervalued range.

0.00

P/FCF

Novanta Inc. (NOVT) has a current P/FCF of 0.00. The 5-year average P/FCF is 41.11. The thresholds are as follows: Strongly Undervalued below -0.26, Undervalued between -0.26 and 20.43, Fairly Valued between 61.80 and 20.43, Overvalued between 61.80 and 82.48, and Strongly Overvalued above 82.48. The current Forward P/FCF of 0.00 falls within the Undervalued range.

Novanta Inc (NOVT) has a current Price-to-Book (P/B) ratio of 5.32. Compared to its 3-year average P/B ratio of 7.92 , the current P/B ratio is approximately -32.84% higher. Relative to its 5-year average P/B ratio of 8.69, the current P/B ratio is about -38.77% higher. Novanta Inc (NOVT) has a Forward Free Cash Flow (FCF) yield of approximately 2.41%. Compared to its 3-year average FCF yield of 2.05%, the current FCF yield is approximately 17.64% lower. Relative to its 5-year average FCF yield of 1.98% , the current FCF yield is about 21.61% lower.

5.34

P/B

Median3y

7.92

Median5y

8.69

2.41

FCF Yield

Median3y

2.05

Median5y

1.98

Competitors Valuation Multiple

The average P/S ratio for NOVT's competitors is , providing a benchmark for relative valuation. Novanta Inc Corp (NOVT) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 1.40%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of NOVT decreased by 21.84% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 67.05 to 81.79.

The secondary factor is the Revenue Growth, contributed 1.40%to the performance.

Overall, the performance of NOVT in the past 1 year is driven by P/E Change. Which is more unsustainable.

1.40%

244.41M → 247.84M

Revenue Growth

-45.22%

7.85 → 4.30

Margin Expansion

21.98%

67.05 → 81.79

P/E Change

-21.84%

152.77 → 119.41

Mkt Cap Growth

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Frequently Asked Questions

Is Novanta Inc (NOVT) currently overvalued or undervalued?

What is Novanta Inc (NOVT) fair value?

NOVT's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Novanta Inc (NOVT) is between 126.89 to 170.12 according to relative valuation methord.

How does NOVT's valuation metrics compare to the industry average?

What is the current P/B ratio for Novanta Inc (NOVT) as of Dec 16 2025?

As of Dec 16 2025, Novanta Inc (NOVT) has a P/B ratio of 5.32. This indicates that the market values NOVT at 5.32 times its book value.

What is the current FCF Yield for Novanta Inc (NOVT) as of Dec 16 2025?

As of Dec 16 2025, Novanta Inc (NOVT) has a FCF Yield of 2.41%. This means that for every dollar of Novanta Inc’s market capitalization, the company generates 2.41 cents in free cash flow.

What is the current Forward P/E ratio for Novanta Inc (NOVT) as of Dec 16 2025?

As of Dec 16 2025, Novanta Inc (NOVT) has a Forward P/E ratio of 34.17. This means the market is willing to pay $34.17 for every dollar of Novanta Inc’s expected earnings over the next 12 months.

What is the current Forward P/S ratio for Novanta Inc (NOVT) as of Dec 16 2025?

As of Dec 16 2025, Novanta Inc (NOVT) has a Forward P/S ratio of 4.11. This means the market is valuing NOVT at $4.11 for every dollar of expected revenue over the next 12 months.

NOVT Valuation