Intrinsiqs

Is Novanta Inc. overvalued?

Novanta Inc. (NOVT) looks undervalued — trading about 22% below its fair value.

Undervalued
Current price $118.88 Fair value $144.55
Price
$118.88
Fair value
$144.55
Current P/E
35.5
Normal P/E
43.2
Market cap
$4.50B
Dividend yield
0.0%
Return on equity
3.6%
Sector
Technology

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Fair value compares NOVT's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 12 Nov 2026.