Novanta (NOVT) Divestments (2013 - 2016)
Novanta's (NOVT) quarterly Divestments came in at $1.5 million in Q2 2016, up 242.26% quarter-over-quarter from -$1.1 million in Q4 2015.
Analysis
Novanta (NOVT) Divestments (2013 - 2016) Analysis & Trends
Novanta (NOVT) has reported Divestments for 4 consecutive years, with $1.5 million the latest figure, recorded in Q2 2016.
- For the quarter ending Q2 2016, Divestments changed N/A year-over-year to $1.5 million; the trailing twelve-month figure through Dec 2016 stood at $1.5 million (up 347.19% YoY), and the FY2016 full-year result was $1.5 million, down 94.93% from the prior year.
- Divestments improved to $1.5 million in Q2 2016 per NOVT's latest filing, from -$1.1 million in the prior quarter.
- Across five years, Divestments topped out at $9.7 million in Q3 2013 and bottomed at -$1.1 million in Q4 2015.
- Historically, Divestments has averaged $2.1 million across 4 years, with a median of -$98000.0 in 2013.
- The sharpest annual moves came in 2014 and 2015: Divestments sank 487.76% in 2014, then surged 464.06% in 2015.
- Over 4 years, Divestments stood at -$98000.0 in 2013, then tumbled by 487.76% to -$576000.0 in 2014, then sank by 82.81% to -$1.1 million in 2015, then surged by 242.26% to $1.5 million in 2016.
- According to Business Quant data, Divestments over the past three periods registered $1.5 million, -$1.1 million, and $1.0 million for Q2 2016, Q4 2015, and Q3 2015 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | - |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | - |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | - |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | - |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | - |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | - |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | - |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | - |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | - |
| 10 | Novanta | 5.90 Bn | 5.18 Bn | 120.92 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 1, 2016 | 1.50 Mn |
| Oct 2, 2015 | -1.05 Mn |
| Jul 3, 2015 | 1.02 Mn |
| Dec 31, 2014 | -576,000.00 |
| Sep 26, 2014 | 5.24 Mn |
| Jun 27, 2014 | -281,000.00 |
| Mar 28, 2014 | -617,000.00 |
| Dec 31, 2013 | -98,000.00 |
| Sep 27, 2013 | 9.70 Mn |
| Jun 28, 2013 | 8.00 Mn |
| Mar 29, 2013 | -110,000.00 |