NOVTU Stock Price, Chart, Stats & News

Novanta Inc. Tangible Equity Units (NOVTU) is a dividend-paying stock with a current dividend yield of 2.44% as of Jul 21, 2026. It pays $1.53 per share over the trailing twelve months.
Dividend safety
Dividend coverage is moderate for NOVTU — it pays out about 76% of earnings.
NOVTU chart
Fundamentals
Gross margin | 43.56% |
Operating margin | 10.18% |
Pretax margin | 7.10% |
Net margin | 5.49% |
Effective tax rate | 22.71% |
ROA | 2.98% |
ROE | 5.84% |
D/E | 0.26x |
Interest coverage ratio | 4.65x |
NOVTU valuation
P/E | 30.99x |
P/S | 1.88x |
P/B | 1.51x |
P/CF | 31.28x |
P/FCF | 38.63x |
P/OCF | 31.28x |
PEG | 0.81x |
EV multiple | 10.98x |
About
Novanta Inc. specializes in the development, manufacturing, and global commercialization of advanced components and integrated sub-systems across photonics, vision, and precision motion technologies. Catering to original equipment manufacturers (OEMs), its solutions are vital for medical and industrial applications worldwide. The company's Photonics segment delivers sophisticated solutions, encompassing laser scanning, beam delivery systems, various laser types (CO2, solid state, ultrafast), and optical light engines.
Similar securities
Based on sector and market capitalization











