$Novanta (NOVT.US)$In the analysis on 4th August 2022, it wa...
$Novanta (NOVT.US)$In the analysis on 4th August 2022, it was excluded due to excessive valuation, and the stock price has increased by 5.7% since then.
A US company listed in 1999, mainly engaged in the photonics and motion control component business, with a global market. The current price is 160.59.
Revenue has grown for 4 years in the past 5 years, except for 2020, with an average growth rate of 7.5%. Operating profit shrank in the first two years and grew in the following three years, with an average growth rate of 9.2%. Net income has an average growth rate of 7.4%.
The current PE ratio is 80, and the trailing PE ratio is 84. The valuation is still too high and lacks attractiveness.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more