Novanta Inc.

Novanta Inc.verified

NOVT

Price:

$175

Market Cap:

$6.28B

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

The ROE as of October 2024 (TTM) for Novanta Inc. (NOVT) is 9.20%

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.

Novanta Inc. (NOVT) Historical ROE (quarterly & annually)

How has NOVT ROE performed in the past?

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%.

Quarterly (TTM)
Annual

Average

9.66%

Median

10.30%

Minimum

-11.50%

Maximum

19.28%

Novanta Inc. (NOVT) ROE by Quarter and Year

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%

Quarterly (TTM)
Annual
YearROEChange
202310.82%-15.59%
202212.82%32.79%
20219.66%3.40%
20209.34%-4.46%
20199.77%-26.71%
201813.34%-30.81%
201719.28%126.78%
20168.50%-41.60%
201514.55%-226.52%
2014-11.50%-480.85%

Novanta Inc. (NOVT) Average ROE

How has NOVT ROE performed in the past?

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. (NOVT) ROE vs. Peers

How is NOVT’s ROE compared to its peers?

Novanta Inc.’s ROE is less than Mesa Laboratories, Inc. (0%), greater than Itron, Inc. (-92.12%), less than Fortive Corporation (14.56%), less than Vishay Precision Group, Inc. (8.56%), less than ESCO Technologies Inc. (6.42%), less than Sono-Tek Corporation (8.58%), less than Badger Meter, Inc. (10.69%), less than Vontier Corporation (21.42%), less than Sensata Technologies Holding plc (44.23%), less than null (0.27%),

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