Novanta Inc. (NOVT) — Stock Score Summary

Novanta Inc. (NOVT) has a MoatMap StockRank of 73/100 based on Quality (60/100), Value (28/100), and Momentum (69/100) factor scores. The current signal is BUY. Novanta provides precision photonic and motion control components. While it has exposure to the industrial automation theme, its moderate quality score (60) and high valuation (V: 30) do not offer a compelling margin of safety or asymmetric upside.

Novanta Inc. is a global supplier of highly engineered components and subsystems for advanced industrial and medical original equipment manufacturers (OEMs). The company specializes in high-precision photonics, vision, and motion control technologies, crucial for critical applications where performance and reliability are paramount. Novanta is a niche technology leader, providing enabling solutions that underpin next-generation products in areas like medical diagnostics, robotics, and industrial automation.

Key Financial Metrics

Price$160.65
Market Cap$5.7B
P/E (TTM)118.78
P/E (Forward)39.85
Price/Book4.48
Return on Equity5.2%
Return on Invested Capital7.3%
Debt/Equity22.22
Gross Margin44.2%
Operating Margin11.7%
Revenue Growth10.4%
Free Cash Flow$87M

Novanta Inc. operates in the Scientific & Technical Instruments industry, part of the Technology sector (United States).

Frequently Asked Questions

What is Novanta Inc.’s (NOVT) StockRank?
MoatMap’s StockRank for Novanta Inc. (NOVT) is 73/100, with a Buy signal. It is a composite of Quality (60), Value (28), and Momentum (69) factor ranks across MoatMap’s 19,000+ stock universe.
Does Novanta Inc. have an economic moat?
Novanta Inc. (NOVT) has a Quality factor score of 60/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Novanta Inc. a buy, hold, or sell?
MoatMap’s current signal for Novanta Inc. (NOVT) is Buy, based on a StockRank of 73/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Novanta Inc. in?
Novanta Inc. (NOVT) operates in the Technology sector, specifically the Scientific & Technical Instruments industry (United States).