Bringing the fundamentals into focus…
Back to Novanta Inc.
How Novanta Inc. stacks up
NOVT · against 320 other Technology companies of similar size
Profitability
50/ 100
Below the middle of the pack.
Ranked #206 of 321 · scores higher than 35% of peers
Bars: peers in each 10-point band of the profitability score32 peers with a profitability score of 50–59, including NOVT · Click a bar to see the companies
Why profitability scores 50?
Weighted metrics compared with all Technology companies.Its metrics sit close to the Technology norm.
- Return on invested capital is close to the peer norm. Return on invested capital: 6.5% vs peer median 6.8%
- Return on assets is close to the peer norm. Return on assets: 2.9% vs peer median 2.9%
- Operating margin is close to the peer norm. Operating margin: 9.0% vs peer median 6.3%
Metric by metric
Position: dot = NOVT, ranked from the worst peer (left) to the best (right); tick = middle, shaded = middle half of peers.| Metric | NOVT | Peer median | Better than | Position among peers | Weight |
|---|---|---|---|---|---|
| Return on invested capitalHigher is better · 301 reported | 6.5% | 11.4% | 33% | 33% | |
| Operating marginHigher is better · 318 reported | 9.0% | 9.2% | 50% | 33% | |
| Return on assetsHigher is better · 310 reported | 2.9% | 4.5% | 37% | 33% | |
| Return on equityHigher is better · 302 reported | 5.1% | 11.4% | 27% | Context only | |
| Gross marginHigher is better · 322 reported | 44.5% | 38.5% | 59% | Context only |
Ranking by profitability score
Top 5 and the companies ranked around NOVT| Rank | Company | Market cap | Profitability | Overall |
|---|---|---|---|---|
| 1 | 4.8B AUD (≈$3.2B) | 100 | 71 | |
| 2 | 117.8B TWD (≈$3.7B) | 99 | 94 | |
| 2 | 4.0B USD | 99 | 84 | |
| 2 | 863.2B INR (≈$10.4B) | 99 | 78 | |
| 2 | 7.3B USD | 99 | 68 | |
| 204 | 2.6B CHF (≈$3.0B) | 51 | 31 | |
| 206 | 42.7B CNY (≈$6.0B) | 50 | 49 | |
| 206 | 5.4B EUR (≈$5.9B) | 50 | 41 | |
| 206 | 4.4B USD | 50 | 45 | |
| 206 | 5.6B USD | 50 | 50 | |
| 210 | 42.9B CNY (≈$6.0B) | 49 | 36 | |
| 210 | 1.03T JPY (≈$7.0B) | 49 | 56 | |
| 210 | 2.6B CHF (≈$3.0B) | 49 | 59 | |
| 213 | 61.3B CNY (≈$8.6B) | 48 | 53 |
Scores are sector-relative percentiles from the latest snapshot, always calculated against the whole sector: narrowing the comparison group changes who you compare with, not the scores. Missing metrics are left out and the remaining weights rescaled. How we score