Novanta (NOVTU) Divestments (2013 - 2016)

Novanta (NOVTU) reported Divestments of $1.5 million for Q2 2016, up 105.1% quarter-over-quarter from -$29.4 million in Q4 2015.

Novanta (NOVTU) Divestments (2013 - 2016) Analysis & Trends

Novanta has reported Divestments for 4 years, with the latest figure at $1.5 million 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 105.0% YoY), and the FY2016 full-year result was $1.5 million, up 616.75% from the prior year.
  • Divestments for Q2 2016 stood at $1.5 million, up from -$29.4 million in the prior quarter.
  • The five-year high for Divestments was $9.7 million in Q3 2013, with the low at -$29.4 million in Q4 2015.
  • Historically, Divestments has averaged -$552750.0 across 4 years, with a median of -$104000.0 in 2013.
  • The largest YoY upside for Divestments was 464.06% in 2015 against a maximum downside of 4997.4% in 2015.
  • Novanta's Divestments stood at -$98000.0 in 2013, then sank by 487.76% to -$576000.0 in 2014, then slumped by 4997.4% to -$29.4 million in 2015, then surged by 105.1% to $1.5 million in 2016.
  • The last three Divestments figures came in at $1.5 million (Q2 2016), -$29.4 million (Q4 2015), and -$1.1 million (Q4 2015), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn -336.97 Mn
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn -
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn -
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn -
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn -
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn -
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn -
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 11.52 Mn
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn -
10 Novanta - - 113.58 Mn -

Historic Data

Download Data
DateValue
Apr 1, 2016 1.50 Mn
Dec 31, 2015 -29.36 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