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Novanta (Novanta) EV-to-EBITDA : 36.81 (As of May. 12, 2024)


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What is Novanta EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Novanta's enterprise value is $6,265.8 Mil. Novanta's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $170.2 Mil. Therefore, Novanta's EV-to-EBITDA for today is 36.81.

The historical rank and industry rank for Novanta's EV-to-EBITDA or its related term are showing as below:

NOVT' s EV-to-EBITDA Range Over the Past 10 Years
Min: 8   Med: 23.37   Max: 59.92
Current: 36.81

During the past 13 years, the highest EV-to-EBITDA of Novanta was 59.92. The lowest was 8.00. And the median was 23.37.

NOVT's EV-to-EBITDA is ranked worse than
82.41% of 1836 companies
in the Hardware industry
Industry Median: 13.405 vs NOVT: 36.81

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-12), Novanta's stock price is $161.28. Novanta's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $1.920. Therefore, Novanta's PE Ratio for today is 84.00.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Novanta EV-to-EBITDA Historical Data

The historical data trend for Novanta's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Novanta EV-to-EBITDA Chart

Novanta Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.93 43.75 53.03 32.63 37.26

Novanta Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.03 40.95 31.62 37.26 39.65

Competitive Comparison of Novanta's EV-to-EBITDA

For the Scientific & Technical Instruments subindustry, Novanta's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Novanta's EV-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Novanta's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Novanta's EV-to-EBITDA falls into.



Novanta EV-to-EBITDA Calculation

Novanta's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=6265.796/170.222
=36.81

Novanta's current Enterprise Value is $6,265.8 Mil.
Novanta's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $170.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Novanta  (NAS:NOVT) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Novanta's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=161.28/1.920
=84.00

Novanta's share price for today is $161.28.
Novanta's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.920.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Novanta EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Novanta's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Novanta (Novanta) Business Description

Traded in Other Exchanges
Address
125 Middlesex Turnpike, Bedford, MA, USA, 01730
Novanta Inc manufactures photonic and motion-control components for original equipment manufacturers in the medical equipment and industrial technology markets. The firm operates in three segments: photonics, vision, and precision motion. The photonics segment, which sells photonics-based products that include carbon dioxide lasers, laser scanning, super-resolution imaging lasers, and laser beam delivery items. The vision segment sells medical-grade technologies, including visualization solutions, imaging informatics products, and thermal printers contributing the majority of revenue. The precision motion segment sells optical encoders, motion control technology, and precision machined components. The firm generates the majority of its revenue from the United States and Europe.
Executives
Robert Buckley officer: Chief Financial Officer C/O GSI GROUP INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730-1409
Matthijs Glastra officer: Group President,Laser Products C/O GSI GROUP CORPORATION, 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Brian S Young officer: Executive VP, Human Resources C/O 25 CORPORATE DRIVE, BURLINGTON MA 01803
Thomas N Secor director GSI GROUP INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Barbara B. Hulit director C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Michele Davis Welsh officer: General Counsel C/O NOVANTA INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Solomon Darlene J. S. director 6070 PARKLAND BLVD., MAYFIELD HTS. OH 44124
Peter L Chang officer: Vice President-Corp Controller C/O GSI GROUP INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Frank Anders Wilson director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Katherine Ann Owen director 2825 AIRVIEW BLVD., KALAMAZOO MI 49002
Maxine Lum Mauricio director 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP INC., NORWALK CT 06851
Stephen W Bershad director 66 ARROYO HONDO TRAIL, SANTA FE NM 87508
Deborah Disanzo director 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Lonny J Carpenter director 2825 AIRVIEW BOULEVARD, KALAMAZOO MI 49002
Brian Douglas King director C/O NOVANTA INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730