Intrinsiqs

Is Novanta Inc. Tangible Equity Units overvalued?

Novanta Inc. Tangible Equity Units (NOVTU) looks undervalued — trading about 26% below its fair value.

Undervalued
Current price $69.20 Fair value $86.97
Price
$69.20
Fair value
$86.97
Current P/E
34.3
Normal P/E
43.2
Market cap
$2.46B
Dividend yield
3.4%
Return on equity
4.9%
Sector
Technology

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Fair value compares NOVTU's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 11 Aug 2026.