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Market Price

127.27 

-3.32 -2.5%

as of Mar 03 '21

52 Week Range:

66.44 146.16


Stock Analyzer Tutorials

S2O Stock Analyzer - General Info

General Info


type: video (mp4); length: 3:30

Demonstrates how to use Stock Analyzer, shows how to analyze a stock and explains in detail "General Info" section of the Stock Analyzer result page.

S2O Stock Analyzer - Financial Statements

Financial Statements


type: video (mp4); length: 5:10

Explains information presented in the Financial Statements section of the S2O Stock Analyzer: financial statements charts, absolute values and growth rates.

S2O Stock Analyzer - Growth Grade and Financial Ratios

Growth Grade and Financial Ratios


type: video (mp4); length: 5:09

Demonstrates how to use Growth Grade & Financial Ratios section; shows the difference between historical and year-over-year Growth Grade on the real life example.

S2O Stock Analyzer - Value Price

Value Price


type: video (mp4); length: 6:03

Demonstrates how to use Value Price (intrinsic value) and the Graham Number, MOS (margin of safety) and IRT - Investment Recovery Time; explains 3 different projection models used to compute value price - pessimistic, moderate and optimistic.

S2O Stock Analyzer - Price Charts

Price Charts


type: video (mp4); length: 8:34

Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

General Info

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. Its Photonics segment offers photonics-based solutions, including laser scanning and laser beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products for photonics-based applications, such as industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. The company's Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; visualization solutions; wireless, recorder 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. Its Precision Motion segment offers optical and inductive encoders, precision motors, motion control sub-assemblies, servo drives, 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, Lincoln Laser, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, General Scanning, Celera Motion, MicroE, Applimotion, Zettlex, 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.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

You can check "Annual Financial Statements" and "Quarterly Financial Statements" sections for exact numbers and growth rates.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item. A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss. (source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement



 

Cash Flow Statement



 

Balance Sheet



 

Liquidity Ratios

Current Ratio


 

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio


 

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage


 

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA


 

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE


 

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity. ROE is sometimes called "return on net worth."

ROIC


 

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name Dec '09 Dec '10 Dec '11 Dec '12 Dec '13 Dec '14 Oct '15 Dec '16 Dec '17 Dec '18 Dec '19
Equity (BVPS) 5.35
6.20
6.74
6.85
7.26
6.99
7.46
8.94
10.31
11.49
growth rate 15.9% 8.7% 1.6% 6.0% -3.7% 6.7% 19.8% 15.3% 11.5%
Earnings BIT 26.57
37.40
41.07
69.49
79.01
72.84
growth rate 40.8% 9.8% 69.2% 13.7% -7.8%
Avg.PE 15.22
45.23
37.68
70.67
67.85
growth rate 197.2% -16.7% 87.6% -4.0%
ROA -14.91
-0.17
8.10
5.70
2.04
-6.24
8.74
5.23
6.91
7.04
5.13
growth rate 0.0% 100.0% -29.6% -64.2% -100.0% 100.0% -40.2% 32.1% 1.9% -27.1%
ROE -60.27
-0.52
14.96
8.95
3.11
-10.71
15.64
8.74
13.96
14.97
10.38
growth rate 0.0% 100.0% -40.2% -65.3% -100.0% 100.0% -44.1% 59.7% 7.2% -30.7%
ROIC -37.32
5.11
14.21
7.04
2.47
-7.48
10.40
6.34
8.86
9.01
6.44
growth rate 100.0% 178.1% -50.5% -64.9% -100.0% 100.0% -39.0% 39.8% 1.7% -28.5%
Cur. Ratio 2.70
3.68
3.55
3.80
3.33
3.38
3.25
2.83
2.93
2.70
2.26
growth rate 36.3% -3.5% 7.0% -12.4% 1.5% -3.9% -12.9% 3.5% -7.9% -16.3%
Quick Ratio 1.50
2.26
2.19
2.28
2.01
2.00
2.10
1.87
1.85
1.59
1.26
growth rate 50.7% -3.1% 4.1% -11.8% -0.5% 5.0% -11.0% -1.1% -14.1% -20.8%
Leverage 5.20
2.06
1.67
1.48
1.57
1.89
1.70
1.64
2.33
1.95
2.08
growth rate -60.4% -18.9% -11.4% 6.1% 20.4% -10.1% -3.5% 42.1% -16.3% 6.7%
Balance Sheet Dec '09 Dec '10 Dec '11 Dec '12 Dec '13 Dec '14 Oct '15 Dec '16 Dec '17 Dec '18 Dec '19
Acct.Receivable 59.39
57.40
57.19
63.77
81.48
83.96
91.08
growth rate -3.4% -0.4% 11.5% 27.8% 3.0% 8.5%
Acct.Payable 47.84
25.59
24.40
32.21
39.79
50.73
52.59
growth rate -46.5% -4.7% 32.0% 23.5% 27.5% 3.7%
Cur.Assets 201.63
183.17
185.21
199.25
287.88
281.77
304.51
growth rate -9.2% 1.1% 7.6% 44.5% -2.1% 8.1%
Total Assets 378.81
396.29
416.05
425.64
726.70
719.58
869.74
growth rate 4.6% 5.0% 2.3% 70.7% -1.0% 20.9%
Cash 60.98
51.15
59.96
68.11
100.06
82.04
78.94
growth rate -16.1% 17.2% 13.6% 46.9% -18.0% -3.8%
Inventory 58.29
62.94
59.57
59.75
91.28
104.76
116.62
growth rate 8.0% -5.4% 0.3% 52.8% 14.8% 11.3%
Cur.Liabilities 61.49
54.06
56.95
70.50
98.17
104.20
134.85
growth rate -12.1% 5.4% 23.8% 39.3% 6.1% 29.4%
Liabilities 136.82
185.04
171.34
166.77
368.24
351.32
452.56
growth rate 35.2% -7.4% -2.7% 120.8% -4.6% 28.8%
LT Debt 64.00
105.03
88.43
70.55
225.50
202.84
215.33
growth rate 64.1% -15.8% -20.2% 219.6% -10.1% 6.2%
Equity 241.98
210.83
244.70
258.87
311.55
368.26
417.17
growth rate -12.9% 16.1% 5.8% 20.4% 18.2% 13.3%
Common Shares 16.00
24.00
34.00
34.00
34.00
34.00
35.00
35.00
35.00
35.00
36.00
growth rate 50.0% 41.7% 0.0% 0.0% 0.0% 2.9% 0.0% 0.0% 0.0% 2.9%
Cash Flow Statement Dec '09 Dec '10 Dec '11 Dec '12 Dec '13 Dec '14 Oct '15 Dec '16 Dec '17 Dec '18 Dec '19
Capital Expenditures 4.78
5.42
5.55
8.46
9.09
16.26
10.74
growth rate 13.4% 2.5% 52.4% 7.5% 78.8% -33.9%
Cash From OA 49.20
42.29
33.42
47.79
63.38
89.65
63.25
growth rate -14.1% -21.0% 43.0% 32.6% 41.5% -29.5%
FCF per Share -0.31
0.91
0.71
1.10
1.23
0.82
0.99
1.21
2.13
1.09
growth rate 100.0% -22.0% 54.9% 11.8% -33.3% 20.7% 22.2% 76.0% -48.8%
Sale Purchase of Stock -0.53
-1.63
-1.63
-1.63
-0.37
-36.65
-10.00
growth rate 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
FCF -27.00
-7.00
41.00
24.00
44.00
37.00
28.00
35.00
54.00
75.00
53.00
growth rate 0.0% 100.0% -41.5% 83.3% -15.9% -24.3% 25.0% 54.3% 38.9% -29.3%
Income Statement Dec '09 Dec '10 Dec '11 Dec '12 Dec '13 Dec '14 Oct '15 Dec '16 Dec '17 Dec '18 Dec '19
Sales 316.91
364.71
373.60
384.76
521.29
614.34
626.10
growth rate 15.1% 2.4% 3.0% 35.5% 17.9% 1.9%
Op.Income 9.98
26.57
37.40
41.07
69.49
79.01
72.84
growth rate 166.3% 40.8% 9.8% 69.2% 13.7% -7.8%
IBT 16.18
-17.92
46.02
32.52
76.13
61.30
45.77
growth rate -100.0% 100.0% -29.3% 134.1% -19.5% -25.3%
Net Income 9.98
-24.25
35.62
22.00
60.05
49.11
40.77
growth rate -100.0% 100.0% -38.2% 172.9% -18.2% -17.0%
EPS -4.48
-0.03
0.86
0.58
0.21
-0.70
1.02
0.63
1.13
1.43
1.15
growth rate 0.0% 100.0% -32.6% -63.8% -100.0% 100.0% -38.2% 79.4% 26.6% -19.6%
Gross Profit 132.23
150.17
158.11
162.63
225.29
261.53
263.36
growth rate 13.6% 5.3% 2.9% 38.5% 16.1% 0.7%
R&D 23.79
28.95
31.04
32.00
41.67
51.02
55.97
growth rate 21.7% 7.2% 3.1% 30.2% 22.4% 9.7%

Quarterly Statements

Item Name Dec '19 Mar '20 Apr '20 Jul '20 Oct '20
Earnings BIT 17.92
22.92
15.94
13.55
13.55
growth rate 27.9% -30.4% -15.0% 0.0%
Balance Sheet Dec '19 Mar '20 Apr '20 Jul '20 Oct '20
Acct.Receivable 91.08
89.56
82.05
82.05
growth rate -0.8% -8.4% 0.0%
Acct.Payable 52.59
48.42
40.91
40.91
growth rate -4.0% -15.5% 0.0%
Cur.Assets 304.51
296.89
302.83
302.83
growth rate -1.3% 2.0% 0.0%
Total Assets 869.74
841.97
857.53
857.53
growth rate -1.6% 1.9% 0.0%
Cash 78.94
73.70
73.70
106.63
106.63
growth rate -6.6% 0.0% 44.7% 0.0%
Inventory 116.62
112.00
101.74
101.74
growth rate -2.0% -9.2% 0.0%
Cur.Liabilities 134.85
135.42
135.42
133.55
133.55
growth rate 0.4% 0.0% -1.4% 0.0%
Liabilities 452.56
428.87
428.87
406.29
406.29
growth rate -5.2% 0.0% -5.3% 0.0%
LT Debt 215.33
206.75
206.75
188.09
188.09
growth rate -4.0% 0.0% -9.0% 0.0%
Equity 417.17
413.10
413.10
451.25
451.25
growth rate -1.0% 0.0% 9.2% 0.0%
Common Shares 423.86
423.86
423.86
423.86
growth rate 0.0% 0.0% 0.0%
Cash Flow Statement Dec '19 Mar '20 Apr '20 Jul '20 Oct '20
Capital Expenditures 2.79
2.32
2.32
2.52
2.52
growth rate -16.9% 0.1% 8.8% 0.0%
Cash Dividends
growth rate
Cash From OA 35.41
33.82
42.11
42.11
growth rate -2.3% 24.5% 0.0%
Sale Purchase of Stock -3.32
0.00
0.00
0.00
growth rate 0.0%
FCF 32.61
31.50
39.59
39.59
growth rate -1.7% 25.7% 0.0%
Income Statement Dec '19 Mar '20 Apr '20 Jul '20 Oct '20
Sales 159.70
155.47
144.73
142.93
142.93
growth rate -2.7% -6.9% -1.2% 0.0%
Op.Income 17.92
14.91
15.94
13.55
13.55
growth rate -16.8% 6.9% -15.0% 0.0%
IBT 9.56
11.70
10.02
10.02
growth rate 10.6% -14.4% 0.0%
Net Income 9.22
11.66
8.26
8.26
growth rate 12.5% -29.2% 0.0%
Gross Profit 66.52
64.45
58.70
59.11
59.11
growth rate -3.1% -8.9% 0.7% 0.0%
R&D 14.77
15.33
14.44
15.23
15.23
growth rate 3.8% -5.8% 5.5% 0.0%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.

Growth Grade

Historical Growth Grade:

C (56.05)

YOY Growth Grade:

D (35.20)

Click on buttons above for detailed yearly growth rates.

Market Ratios

Profitability Ratios

Liquidity Ratios

Efficiency Ratios

Value Price

PE and EPS

Historical Current Forward
PE 115.07 110.67 59.61
EPS / Growth 26.6% 1.15 -5.0%

Value Price & Investment Recovery Time

Read more about Stock2Own value price in Stock Market: Fundamental Analysis.

Equity Growth Rate: 14.1%

Estimates Pessimistic Moderate Optimistic My Numbers
Rate of Return 15.0%
MOS Price % 50 %
Future EPS Growth 1.0% 13.9% 13.9%
Future PE 2.00 67.49 67.49
Future EPS 1.27 4.23 4.23
Value Price
MOS %
0.63
-99.5%
70.50
-44.6%
70.50
-44.6%
MOS Price 0.31 35.25 35.25
IRT 74.36 20.53 20.53

Graham Number:

NOTE: The Graham Number applies only to certain types of stocks in combination with a number of other criteria.

Read more about Graham Number in Stock Market: Fundamental Analysis.

Price Chart

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Risk / Reward Ratios

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