EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Novanta's Enterprise Value is $6,339.2 Mil.
Novanta's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $122.4 Mil. Therefore, Novanta's EV-to-EBIT for today is 51.79.
The historical rank and industry rank for Novanta's EV-to-EBIT or its related term are showing as below:
NOVT'
s EV-to-EBIT Range Over the Past 10 Years
Min: 12.12 Med: 34.42 Max: 94.83
Current: 51.79
During the past 13 years, the highest EV-to-EBIT of Novanta was 94.83. The lowest was 12.12. And the median was 34.42.
NOVT's EV-to-EBIT is ranked worse than 85.63% of 1705
companies
in the Hardware industry
Industry Median: 16.22
vs NOVT: 51.79
The historical data trend for Novanta's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Scientific & Technical Instruments subindustry, Novanta's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Novanta's EV-to-EBIT Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Novanta's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Novanta's EV-to-EBIT falls into.
Novanta's current Enterprise Value is $6,339.2 Mil.
Novanta's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $122.4 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Novanta (NAS:NOVT) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Novanta's Enterprise Value for the quarter that ended in Mar. 2024 was $6,749.5 Mil.
Novanta's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $122.4 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Novanta EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Novanta's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Novanta Inc manufactures photonic and motion-control components for original equipment manufacturers in the medical equipment and industrial technology markets. The firm operates in three segments: photonics, vision, and precision motion. The photonics segment, which sells photonics-based products that include carbon dioxide lasers, laser scanning, super-resolution imaging lasers, and laser beam delivery items. The vision segment sells medical-grade technologies, including visualization solutions, imaging informatics products, and thermal printers contributing the majority of revenue. The precision motion segment sells optical encoders, motion control technology, and precision machined components. The firm generates the majority of its revenue from the United States and Europe.
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