Novanta Future Growth
Future criteria checks 4/6
Novanta is forecast to grow earnings and revenue by 25.5% and 10.8% per annum respectively while EPS is expected to grow by 25.1% per annum.
Key information
25.5%
Earnings growth rate
25.1%
EPS growth rate
| Electronic earnings growth | 14.5% |
| Revenue growth rate | 10.8% |
| Future return on equity | n/a |
| Analyst coverage | Low |
| Last updated | 08 May 2024 |
Recent future growth updates
Recent updates
Does Novanta (NASDAQ:NOVT) Have A Healthy Balance Sheet?
May 30
Investors Still Waiting For A Pull Back In Novanta Inc. (NASDAQ:NOVT)
May 08Novanta (NASDAQ:NOVT) Has Some Way To Go To Become A Multi-Bagger
Feb 24Does Novanta (NASDAQ:NOVT) Have A Healthy Balance Sheet?
Feb 05Getting In Cheap On Novanta Inc. (NASDAQ:NOVT) Is Unlikely
Dec 29Why Novanta Inc. (NASDAQ:NOVT) Could Be Worth Watching
Nov 20Here's Why We Think Novanta (NASDAQ:NOVT) Is Well Worth Watching
Nov 01Does This Valuation Of Novanta Inc. (NASDAQ:NOVT) Imply Investors Are Overpaying?
Oct 19Novanta (NASDAQ:NOVT) Seems To Use Debt Quite Sensibly
Sep 21Return Trends At Novanta (NASDAQ:NOVT) Aren't Appealing
Sep 06What Does Novanta Inc.'s (NASDAQ:NOVT) Share Price Indicate?
Aug 19Here's Why We Think Novanta (NASDAQ:NOVT) Is Well Worth Watching
Jul 16Slowing Rates Of Return At Novanta (NASDAQ:NOVT) Leave Little Room For Excitement
Jun 06These 4 Measures Indicate That Novanta (NASDAQ:NOVT) Is Using Debt Reasonably Well
May 16Should You Investigate Novanta Inc. (NASDAQ:NOVT) At US$156?
Apr 13Here's Why We Think Novanta (NASDAQ:NOVT) Is Well Worth Watching
Mar 29Investors Met With Slowing Returns on Capital At Novanta (NASDAQ:NOVT)
Feb 27These 4 Measures Indicate That Novanta (NASDAQ:NOVT) Is Using Debt Safely
Feb 12Is Novanta Inc. (NASDAQ:NOVT) Potentially Undervalued?
Jan 12We Ran A Stock Scan For Earnings Growth And Novanta (NASDAQ:NOVT) Passed With Ease
Dec 28Is Novanta (NASDAQ:NOVT) Using Too Much Debt?
Nov 02What Does Novanta Inc.'s (NASDAQ:NOVT) Share Price Indicate?
Oct 03With EPS Growth And More, Novanta (NASDAQ:NOVT) Makes An Interesting Case
Sep 19Novanta Inc. (NASDAQ:NOVT) Shares Could Be 31% Above Their Intrinsic Value Estimate
Aug 23Novanta Non-GAAP EPS of $0.78 beats by $0.06, revenue of $215.34M beats by $6.27M, raises FY guidance
Aug 09Novanta (NASDAQ:NOVT) Could Easily Take On More Debt
Aug 03Here's What To Make Of Novanta's (NASDAQ:NOVT) Decelerating Rates Of Return
Jul 11At US$124, Is Novanta Inc. (NASDAQ:NOVT) Worth Looking At Closely?
Jun 09Calculating The Fair Value Of Novanta Inc. (NASDAQ:NOVT)
May 10Novanta (NASDAQ:NOVT) Seems To Use Debt Rather Sparingly
Apr 22Returns On Capital At Novanta (NASDAQ:NOVT) Paint A Concerning Picture
Apr 03Is It Time To Consider Buying Novanta Inc. (NASDAQ:NOVT)?
Feb 21Does This Valuation Of Novanta Inc. (NASDAQ:NOVT) Imply Investors Are Overpaying?
Feb 04Returns On Capital At Novanta (NASDAQ:NOVT) Paint A Concerning Picture
Dec 21Is Novanta (NASDAQ:NOVT) A Risky Investment?
Nov 23Novanta (NASDAQ:NOVT) Has More To Do To Multiply In Value Going Forward
Sep 16Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2025 | 1,080 | 106 | 131 | 150 | 3 |
| 12/31/2024 | 981 | 76 | 112 | 160 | 3 |
| 3/29/2024 | 893 | 69 | 120 | 143 | N/A |
| 12/31/2023 | 882 | 73 | 100 | 120 | N/A |
| 9/29/2023 | 888 | 76 | 104 | 122 | N/A |
| 6/30/2023 | 890 | 77 | 77 | 92 | N/A |
| 3/31/2023 | 876 | 73 | 73 | 90 | N/A |
| 12/31/2022 | 861 | 74 | 70 | 91 | N/A |
| 9/30/2022 | 841 | 73 | 57 | 79 | N/A |
| 7/1/2022 | 796 | 64 | 53 | 78 | N/A |
| 4/1/2022 | 748 | 58 | 58 | 83 | N/A |
| 12/31/2021 | 707 | 50 | 72 | 95 | N/A |
| 10/1/2021 | 655 | 49 | 92 | 112 | N/A |
| 7/2/2021 | 621 | 44 | 124 | 141 | N/A |
| 4/2/2021 | 598 | 44 | 132 | 146 | N/A |
| 12/31/2020 | 591 | 45 | 127 | 140 | N/A |
| 10/2/2020 | 603 | 41 | 117 | 129 | N/A |
| 7/3/2020 | 614 | 42 | 82 | 94 | N/A |
| 4/3/2020 | 624 | 40 | 62 | 76 | N/A |
| 12/31/2019 | 626 | 41 | 53 | 63 | N/A |
| 9/27/2019 | 623 | 43 | 38 | 50 | N/A |
| 6/28/2019 | 629 | 56 | 56 | 70 | N/A |
| 3/29/2019 | 625 | 57 | 59 | 75 | N/A |
| 12/31/2018 | 614 | 51 | 73 | 90 | N/A |
| 9/28/2018 | 605 | 39 | 74 | 90 | N/A |
| 6/29/2018 | 591 | 18 | 61 | 74 | N/A |
| 3/30/2018 | 559 | 12 | 61 | 71 | N/A |
| 12/31/2017 | 521 | 40 | N/A | 63 | N/A |
| 9/29/2017 | 473 | 48 | N/A | 54 | N/A |
| 6/30/2017 | 425 | 55 | N/A | 54 | N/A |
| 3/31/2017 | 403 | 54 | N/A | 52 | N/A |
| 12/31/2016 | 385 | 22 | N/A | 48 | N/A |
| 9/30/2016 | 376 | 20 | N/A | 43 | N/A |
| 7/1/2016 | 371 | 19 | N/A | 43 | N/A |
| 4/1/2016 | 369 | 34 | N/A | 36 | N/A |
| 12/31/2015 | 374 | 36 | N/A | 33 | N/A |
| 10/2/2015 | 377 | 1 | N/A | 34 | N/A |
| 7/3/2015 | 380 | 0 | N/A | 37 | N/A |
| 4/3/2015 | 380 | -16 | N/A | 47 | N/A |
| 12/31/2014 | 365 | -17 | N/A | 42 | N/A |
| 9/26/2014 | 353 | 16 | N/A | 48 | N/A |
| 6/27/2014 | 338 | 13 | N/A | 52 | N/A |
| 3/28/2014 | 321 | 11 | N/A | 46 | N/A |
| 12/31/2013 | 317 | 10 | N/A | 49 | N/A |
| 9/27/2013 | 301 | 20 | N/A | 41 | N/A |
| 6/28/2013 | 291 | 20 | N/A | 27 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NOVT's forecast earnings growth (25.5% per year) is above the savings rate (2.4%).
Earnings vs Market: NOVT's earnings (25.5% per year) are forecast to grow faster than the US market (14.7% per year).
High Growth Earnings: NOVT's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NOVT's revenue (10.8% per year) is forecast to grow faster than the US market (8.4% per year).
High Growth Revenue: NOVT's revenue (10.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NOVT's Return on Equity is forecast to be high in 3 years time