
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 laser beam delivery, CO2 laser, continuous wave and ultrafast laser, and optical light engine products for photonics-based applications, such as industrial material processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. Its Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and related disposables; surgical displays and operating room integration technologies; optical data collection and machine vision technologies; radio frequency identification technologies; thermal printers; spectrometry technologies; and embedded touch screen solutions. The company's Precision Motion segment offers optical encoders, precision motor and motion control technology, air bearing spindles, and precision machined components. The company sells its products through its direct sales force, resellers, distributors, and system integrators under the Cambridge Technology, Lincoln Laser, ExoTec Precision, Synrad, Laser Quantum, WOM, Lemke, NDS, NDSsi, Reach Technology, JADAK, Skyetek, ThingMagic, Photo Research, General Scanning, Celera Motion, MicroE, Applimotion, and Westwind brands. Novanta Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts.
Industry, Sector and Symbol
Industry Miscellaneous electrical machinery, equipment, & supplies
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:NOVT
CUSIPN/A
Phone781-266-5618
Debt
Debt-to-Equity Ratio0.72%
Current Ratio2.93%
Quick Ratio2.00%
Price-To-Earnings
Trailing P/E Ratio38.73
Forward P/E Ratio32.19
P/E GrowthN/A
Sales & Book Value
Annual Sales$521.29 million
Price / Sales4.11
Cash Flow$2.4990 per share
Price / Cash24.73
Book Value$9.01 per share
Price / Book6.86
Profitability
EPS (Most Recent Fiscal Year)$1.60
Net Income$60.05 million
Net Margins9.80%
Return on Equity18.52%
Return on Assets8.91%
Miscellaneous
Employees2,034
Outstanding Shares34,690,000