Novanta (NOVT) fundamentals: P/E, valuation, undervalued?

Novanta · Information Technology · ref. ETF XLK · price $144.65
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In short — Novanta trades at 91.6× earnings (P/E), 33.1× forward, with a net margin of 6.0 % and revenue growth of +10 %. Read: Cheap for the growth (P/E 33 for ~150% growth (PEG 0.2)).

Is Novanta stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$144.65+22.5% over range
Aug 28, 25low $99.22 · high $168.75Aug 27, 26
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Buy
100% recommend buying · 1 analysts
Valuation : Cheap for the growth — P/E 33 for ~150% growth (PEG 0.2)

Valuation

91.6
P/E (price/earnings)
33.1
Forward P/E
0.61
PEG
3.4
Price/book (P/B)
$5.5B
Market cap
1.58
EPS

Profitability & growth

6.0 %
Net margin
+10 %
Revenue growth
+150 %
Earnings growth
$286M
Total debt

Novanta income statement

Fiscal yearRevenueNet incomeMargin
2022$861M$74M8.6 %
2023$882M$73M8.3 %
2024$949M$64M6.8 %
2025$981M$54M5.5 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is Novanta's P/E and is the stock undervalued? What's a good P/E?

Novanta's P/E is 91.6 (forward 33.1). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".

Is Novanta profitable?

Novanta has a net margin of 6.0 % (EPS 1.58). The company is profitable.

Is NOVT stock expensive?

Our read: "Cheap for the growth" — P/E 33 for ~150% growth (PEG 0.2). Cross-check with growth and sector.

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