NOVT
Novanta Inc.Technology · $5.1B market cap
Verdict
Share price
$149.27
close of Oct 3, 2026
Fair value
$36.02
Sticker Price
Payback Price
$14.41
buy price
NOVT is Overpriced: at $149.27 it trades 314% above its fair value of $36.02. Its buy price (Payback Price) is $14.41, 90% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.
How we valued it
Buffett Normalized. A profitable, growing business, so we project its earnings 10 years ahead and work out what that is worth today.
Business quality
0 of 5 clear the 10% bar. What are the Big Five?
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2 of the investors we track hold NOVT. In Q2 2026, 2 opened a position. Who we track
Polen Capital Management
Polen Capital Management · as of Q2 2026
$2.2M
13,366 shares
Torray Funds
Torray Funds · as of Q2 2026
$1.8M
11,141 shares
Moves in Q2 2026
New position: Torray Funds, Polen Capital Management
About Novanta Inc.
Operating globally, Novanta Inc. and its affiliated companies specialize in the development, production, and distribution of advanced photonics, vision, and precision motion components and sub-assemblies. These highly engineered solutions are supplied to Original Equipment Manufacturers (OEMs) across the medical and industrial sectors. Within its Photonics division, Novanta provides a suite of laser-driven…
Hardware, Equipment & Parts
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works