Historical Valuation
Novanta Inc (NOVT) is now in the Undervalued zone, suggesting that its current forward PE ratio of 31.31 is considered Undervalued compared with the five-year average of 46.83. The fair price of Novanta Inc (NOVT) is between 144.98 to 194.84 according to relative valuation methord. Compared to the current price of 125.64 USD , Novanta Inc is Undervalued By 13.34%.
Relative Value
Fair Zone
144.98-194.84
Current Price：125.64
13.34%
Undervalued
P/E
EV/EBITDA
EV/EBIT
P/S
P/OCF
P/FCF
1Y
3Y
5Y
Trailing
Forward
Novanta Inc (NOVT) has a current Price-to-Book (P/B) ratio of 4.97. Compared to its 3-year average P/B ratio of 7.86 , the current P/B ratio is approximately -36.76% higher. Relative to its 5-year average P/B ratio of 8.65, the current P/B ratio is about -42.51% higher. Novanta Inc (NOVT) has a Forward Free Cash Flow (FCF) yield of approximately 2.58%. Compared to its 3-year average FCF yield of 2.07%, the current FCF yield is approximately 24.64% lower. Relative to its 5-year average FCF yield of 1.98% , the current FCF yield is about 30.61% lower.
P/B
Median3y
7.86
Median5y
8.65
FCF Yield
Median3y
2.07
Median5y
1.98
Competitors Valuation Multiple
AI Analysis for NOVT
The average P/S ratio for NOVT competitors is 2.55, providing a benchmark for relative valuation. Novanta Inc Corp (NOVT.O) exhibits a P/S ratio of 3.84, which is 50.48% above the industry average. Given its robust revenue growth of 1.40%, this premium appears unsustainable.
Performance Decomposition
AI Analysis for NOVT
1Y
3Y
5Y
Market capitalization of NOVT increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of NOVT in the past 1 year is driven by Unknown.
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Frequently Asked Questions
Is NOVT currently overvalued or undervalued?
Novanta Inc (NOVT) is now in the Undervalued zone, suggesting that its current forward PE ratio of 31.31 is considered Undervalued compared with the five-year average of 46.83. The fair price of Novanta Inc (NOVT) is between 144.98 to 194.84 according to relative valuation methord. Compared to the current price of 125.64 USD , Novanta Inc is Undervalued By 13.34% .
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 144.98 to 194.84 according to relative valuation methord.
How does NOVT's valuation metrics compare to the industry average?
The average P/S ratio for NOVT's competitors is 2.55, providing a benchmark for relative valuation. Novanta Inc Corp (NOVT) exhibits a P/S ratio of 3.84, which is 50.48% above the industry average. Given its robust revenue growth of 1.40%, this premium appears unsustainable.
What is the current P/B ratio for Novanta Inc (NOVT) as of Jan 09 2026?
As of Jan 09 2026, Novanta Inc (NOVT) has a P/B ratio of 4.97. This indicates that the market values NOVT at 4.97 times its book value.
What is the current FCF Yield for Novanta Inc (NOVT) as of Jan 09 2026?
As of Jan 09 2026, Novanta Inc (NOVT) has a FCF Yield of 2.58%. This means that for every dollar of Novanta Inc’s market capitalization, the company generates 2.58 cents in free cash flow.
What is the current Forward P/E ratio for Novanta Inc (NOVT) as of Jan 09 2026?
As of Jan 09 2026, Novanta Inc (NOVT) has a Forward P/E ratio of 31.31. This means the market is willing to pay $31.31 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 Jan 09 2026?
As of Jan 09 2026, Novanta Inc (NOVT) has a Forward P/S ratio of 3.84. This means the market is valuing NOVT at $3.84 for every dollar of expected revenue over the next 12 months.