Stock Warrant
WARRANTNovanta Inc. Tangible Equity Units
No redemption notice detected. Our weekly 8-K watcher runs every Friday and stamps this card if the issuer files a redemption 8-K.
⚠ No exercise price on file — most SPAC warrants use $11.50; check the SEC filing linked above.
NOVTU is Novanta Inc. Tangible Equity Units (Technology) — a non-dividend-paying stock. Trading at $61.64. Capital Quality Rank: 72/100 — Elite compounder.
Stock snapshot
| Price | $61.64 |
| Market cap | — |
| Sector | Technology |
| Exchange | — |
| Pays dividend | No |
Capital Quality & fundamentals
DiviDrip's Capital Analytics engine ranks every non-dividend stock 1-100 on a 4-factor composite (Shareholder Yield 30%, Cash-Flow ROI 25%, Operating Momentum 25%, Tail-Risk 20%) — sector-neutralized so a biotech isn't penalized for negative earnings the way a utility would be.
| Capital Quality Rank (1-100) | 72 / 100 · Elite compounder |
| ROIC (TTM) | 6.5% |
| Shareholder buyback yield | 0.00% |
| Altman Z-score zone | Safe |
About NOVTU
Novanta Inc supplies core technology solutions to medical, life science, and advanced industrial OEMs, leveraging proprietary expertise in precision medicine, precision manufacturing, robotics and automation, and advanced surgery. It has two segments: Automation Enabling Technologies and Medical Solutions. Automation Enabling Technologies, which generates the majority of revenue, provides laser beam steering and scanning solutions, laser sources, and robotic and precision motion technologies. The Medical Solutions segment provides medical-grade technologies, including medical insufflators, endoscopic pumps, and integrated operating room technologies. The company operates in the United States, Germany, and other markets, with revenue generated from the United States.
Related non-dividend companies
Other non-dividend stocks investors research alongside NOVTU. Peer set from Massive news + returns similarity, filtered to names we currently track.
Frequently asked
What is NOVTU's current stock price?
NOVTU (Novanta Inc. Tangible Equity Units) is currently trading at $61.64.
Does NOVTU pay a dividend?
NOVTU (Novanta Inc. Tangible Equity Units) does not currently pay a regular dividend.
What is NOVTU's Capital Quality Rank?
NOVTU has a Capital Quality Rank of 72/100 — Elite compounder. This score blends ROIC, revenue growth, buybacks, and balance-sheet health.
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Data refreshed 2026-08-23. Not investment advice. Prices change continuously; always verify the latest numbers in the live app before buying.