$Novanta (NOVT.US)$In the 2022.8.4 analysis, it was excluded...

The American company, which was listed in 1999, is mainly engaged in the photonics and motion control components business. The current price is 160.59 in the global market.

In the past 5 years, with the exception of 2020, revenue grew at an average rate of 7.5%. Operating profit shrank in the first two years and grew in the next three years, with an average growth rate of 9.2% and an average net profit growth rate of 7.4%.

Currently, the price-earnings ratio is 80 and the price-earnings ratio is TTM84. The valuation is still too high and unattractive.