Novanta Inc.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Novanta Inc.'s yearly results (2022–2025), compared with Technology companies in United States. Tap ? on any ratio for what it means.
Cash quality
Profit Cash Ratio
$180Over the last 3 years, every $100 of reported profit came with $180 of operating cash.
Higher than 59% of Technology companies in United States.
Self-Funding Ratio
6.5×Over the last 3 years its own operating cash covered its investment spending (capex) 6.5 times.
Higher than 71% of Technology companies in United States.
Cash Locked Ratio
$29For every $100 of sales, $29 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $25 tied up three years earlier.
More money tied up than 65% of Technology companies in United States.
Growth quality
Steadiness Ratio
3/3 · 0/3Sales grew in 3 of the last 3 years; profit grew in 0 of 3.
Less steady than 66% of Technology companies in United States.
Growth Efficiency Ratio
−$17Sales grew 14% in 3 years, but profit fell: $17 less profit per $100 of extra sales.
Lower than 79% of Technology companies in United States.
Asset Productivity Ratio
+14% / +46%In 3 years sales changed by +14% while total assets changed by +46%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
1.7×Debt due within a year is covered 1.7 times by its yearly operating cash.
Lower than 56% of Technology companies in United States.
Cash Cushion Ratio
+2%Cash, after subtracting all debt, equals 2% of its market value (net cash).
Higher than 54% of Technology companies in United States.
Tangible Assets Ratio
54%Of every $100 the company owns, $54 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 74% of Technology companies in United States.
Tangible Net Worth Ratio
37%Of every $100 of net worth, $37 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 56% of Technology companies in United States.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (13)
Novanta Inc. owes $0.24 for every $1 it owns. Net profit fell 16% in the year to Dec 2025, and shrank 10% a year on average over 3 years.
Compared with Technology companies in United States · latest annual results Dec 2025.
P/E ratio
86.5Investors pay $86.5 for every $1 of Novanta Inc.'s yearly profit, higher than 87% of Technology companies in United States.
P/B ratio
3.20The share price is 3.20 times Novanta Inc.'s book value per share, higher than 50% of Technology companies in United States.
Market cap
$5.2 BThe total market value of all of Novanta Inc.'s shares at today's price (share price × number of shares), larger than 68% of Technology companies in United States. PosiCap size class: Meso Cap.
Net worth (book value)
$1.6 BWhat Novanta Inc. would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
$42.74Net worth divided by the number of shares. The share price of $136.66 is 3.2 times this, which is the P/B above.
Return on equity (ROE)
5.1%Novanta Inc. earned 5.1% on its shareholders' money over the last year, higher than 56% of Technology companies in United States.
Owes vs Owns
0.24×Novanta Inc. owes $0.24 for every $1 it owns (low), lower than 79% of Technology companies in United States.
Dividend yield
NoneNovanta Inc. does not currently pay a dividend.
Revenue growth
+3%Revenue rose 3% in the year to Dec 2025, and grew 4% a year on average over 3 years.
Profit growth
-16%Net profit fell 16% in the year to Dec 2025, and shrank 10% a year on average over 3 years.
Profit margin
5.5%Novanta Inc. keeps $5 of every $100 of revenue as net profit.
Cash quality
1.2×Cash from Novanta Inc.'s business was 1.2× its reported profit in the year to Dec 2025 — its profit turned into cash.
Cash vs debt
Net cashNovanta Inc. held $79 M more cash than debt (net cash) at Dec 2025.
Questions
What is Novanta Inc.'s P/E ratio?
Investors pay $86.5 for every $1 of Novanta Inc.'s yearly profit, higher than 87% of Technology companies in United States.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Novanta Inc.: $5.2 B ÷ $1.6 B (30 Jun 2026) = 3.2.
What is Novanta Inc.'s return on equity?
Novanta Inc. earned 5.1% on its shareholders' money over the last year, higher than 56% of Technology companies in United States.
How much does Novanta Inc. owe compared with what it owns?
Novanta Inc. owes $0.24 for every $1 it owns (low), lower than 79% of Technology companies in United States.
Does Novanta Inc. pay a dividend?
No. Novanta Inc. does not currently pay a dividend.
Is Novanta Inc.'s revenue growing?
Revenue rose 3% in the year to Dec 2025, and grew 4% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.