NOVT
Price:
$174.17
Market Cap:
$6.25B
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 rel...[Read more]
Industry
Hardware, Equipment & Parts
IPO Date
1999-03-24
Stock Exchange
NASDAQ
Ticker
NOVT
According to Novanta Inc.’s latest financial reports and current stock price. The company's current ROE is 9.20%. This represents a change of 297.48% compared to the average of 2.32% of the last 4 quarters.
The mean historical ROE of Novanta Inc. over the last ten years is 9.66%. The current 9.20% ROE has changed -4.70% with respect to the historical average. Over the past ten years (40 quarters), NOVT's ROE was at its highest in in the March 2017 quarter at 11.64%. The ROE was at its lowest in in the December 2014 quarter at -14.46%.
Average
9.66%
Median
10.30%
Minimum
-11.50%
Maximum
19.28%
Discovering the peaks and valleys of Novanta Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 126.78%
Maximum Annual ROE = 19.28%
Minimum Annual Increase = -480.85%
Minimum Annual ROE = -11.50%
Year | ROE | Change |
---|---|---|
2023 | 10.82% | -15.59% |
2022 | 12.82% | 32.79% |
2021 | 9.66% | 3.40% |
2020 | 9.34% | -4.46% |
2019 | 9.77% | -26.71% |
2018 | 13.34% | -30.81% |
2017 | 19.28% | 126.78% |
2016 | 8.50% | -41.60% |
2015 | 14.55% | -226.52% |
2014 | -11.50% | -480.85% |
The current ROE of Novanta Inc. (NOVT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
11.10%
5-year avg
10.48%
10-year avg
9.66%
Novanta Inc.’s ROE is less than Mesa Laboratories, Inc. (0%), greater than Itron, Inc. (-92.12%), less than Fortive Corporation (17.13%), less than Vishay Precision Group, Inc. (8.50%), less than ESCO Technologies Inc. (6.42%), less than Sono-Tek Corporation (8.58%), less than Badger Meter, Inc. (9.19%), less than Vontier Corporation (21.56%), less than Sensata Technologies Holding plc (41.25%), less than null (0.27%),
Company | ROE | Market cap |
---|---|---|
0% | $640.72M | |
-92.12% | $5.18B | |
17.13% | $24.69B | |
8.50% | $312.95M | |
6.42% | $3.30B | |
8.58% | $69.18M | |
9.19% | $5.97B | |
21.56% | $5.57B | |
41.25% | $5.08B | |
0.27% | $0 |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Novanta Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Novanta Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Novanta Inc.'s ROE?
How is the ROE calculated for Novanta Inc. (NOVT)?
What is the highest ROE for Novanta Inc. (NOVT)?
What is the 3-year average ROE for Novanta Inc. (NOVT)?
What is the 5-year average ROE for Novanta Inc. (NOVT)?
How does the current ROE for Novanta Inc. (NOVT) compare to its historical average?