Novanta Inc.

Novanta Inc.

NOVTยทNASDAQ

$166.94

-2.0%
TechnologyHardware, Equipment & Parts

Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. The company's Photonics segment offers photonics-based solutions, including laser scanning and beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. It's Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless technologies, video recorders, and video integration technologies for operating room integrations; optical data collection and machine vision technologies; radio frequency identification technologies; thermal chart recorders; spectrometry technologies; and embedded touch screen solutions. In addition, its Precision Motion segment offers optical and inductive encoders, precision motors, servo drives and motion control solutions, integrated stepper motors, intelligent robotic end-of-arm technology solutions, air bearings, and air bearing spindles. The company sells its products through its direct sales force, resellers, distributors, and system integrators under the Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, Celera Motion, MicroE, Zettlex, Applimotion, Ingenia, and Westwind brands. The company was formerly known as GSI Group, Inc. and changed its name to Novanta Inc. in May 2016. Novanta Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts.

At a Glance

Live Snapshot
Market Cap$5.95B
EPS1.4700
P/E Ratio113.56
Earnings Date08/04/2026
Novanta Inc.

Novanta Inc. Fair Value Envelope

NOVT ยท NASDAQ

Our analysis suggests that NOVT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $166.94, this represents a potential HIDDEN relative to our calculated worth for Novanta Inc..

Intrinsic Value
Current Price: $166.94

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$53.0M
+ Cash & Equivalents$380.9M
Firm Value$433.8M
- Debt$341.6M
Equity Value$92.2M
/ Shares Outstanding35,997,712B
DCF Value$3
OVERVALUED BY 98%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$32.0M
$16.0M
$8.0M
$4.0M
$2.0M
$1.0M
$500.4K
$250.2K
$125.1K
$62.6K
Maintenance CapEx
-$1.6M
-$781.4K
-$390.7K
-$195.3K
-$97.7K
-$48.8K
-$24.4K
-$12.2K
-$6.1K
-$3.1K
Owner Earnings
$30.5M
$15.2M
$7.6M
$3.8M
$1.9M
$952.0K
$476.0K
$238.0K
$119.0K
$59.5K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$28.2M
$13.1M
$6.0M
$2.8M
$1.3M
$599.9K
$277.8K
$128.6K
$59.5K
$27.6K
Terminal Value represents 0.9% of Enterprise Value