Novanta [NOVT] vs Garmin [GRMN] Detailed Stock Comparison
Novanta
Garmin
TLDR: Quick Comparison Summary
Based on 20 vital metrics comparison: Novanta wins in 5 metrics, Garmin wins in 14 metrics, with 0 ties. Garmin appears stronger overall.
View Metrics Details
Vital Metrics Comparison
| Metric | Novanta | Garmin | Better |
|---|---|---|---|
| P/E Ratio (TTM) | 59.75 | 31.64 | Garmin |
| Price-to-Book Ratio | 4.53 | 6.07 | Novanta |
| Debt-to-Equity Ratio | 64.16 | 2.34 | Garmin |
| PEG Ratio | -0.87 | 0.97 | Novanta |
| EV/EBITDA | 21.77 | 24.16 | Novanta |
| Profit Margin (TTM) | 6.41% | 23.21% | Garmin |
| Operating Margin (TTM) | 11.40% | 26.03% | Garmin |
| EBITDA Margin (TTM) | 11.40% | 26.03% | Garmin |
| Return on Equity | 8.16% | 20.73% | Garmin |
| Return on Assets (TTM) | 5.49% | 11.45% | Garmin |
| Free Cash Flow (TTM) | $141.35M | $1.24B | Garmin |
| Dividend Yield | N/A | 1.59% | N/A |
| 1-Year Return | -39.77% | 54.62% | Garmin |
| Price-to-Sales Ratio (TTM) | 3.80 | 7.30 | Novanta |
| Enterprise Value | $4.04B | $46.94B | Garmin |
| EV/Revenue Ratio | 4.22 | 6.95 | Novanta |
| Gross Profit Margin (TTM) | 44.28% | 58.80% | Garmin |
| Revenue per Share (TTM) | $27 | $35 | Garmin |
| Earnings per Share (Diluted) | $1.69 | $8.10 | Garmin |
| Beta (Stock Volatility) | 1.50 | 0.99 | Garmin |
Novanta vs Garmin Stock Performance Analysis
Loading Price Chart...
Performance Comparison
Short-term Returns
| Stock | 1D | 1W | 1M | 3M | 6M | YTD |
|---|---|---|---|---|---|---|
| Novanta | -5.18% | 2.10% | -8.47% | -20.47% | -10.54% | -30.15% |
| Garmin | -3.30% | -0.48% | 7.55% | 18.14% | 33.10% | 25.40% |
Long-term Returns
| Stock | 1Y | 3Y | 5Y | 10Y | 15Y | 20Y |
|---|---|---|---|---|---|---|
| Novanta | -39.77% | -7.72% | -8.32% | 663.91% | 1,256.76% | 266.81% |
| Garmin | 54.62% | 222.89% | 158.78% | 652.42% | 716.88% | 703.32% |
News Based Sentiment: Novanta vs Garmin
Novanta
News based Sentiment: MIXED
Novanta reported a strong Q2 with an earnings beat and optimistic guidance, but faces mixed analyst sentiment and concerns about its valuation. Institutional investor interest is growing, creating a complex investment picture that requires careful monitoring of upcoming earnings and market reactions.
Garmin
News based Sentiment: MIXED
October was a month of contrasts for Garmin. While the company continues to demonstrate strong market performance and growth potential, cautious analyst ratings, insider selling, and a slight downward revision in anticipated Q3 earnings introduce uncertainty. The upcoming earnings call will be critical for investors to assess the company's trajectory.
Performance & Financial Health Analysis: Novanta vs Garmin
| Metric | NOVT | GRMN |
|---|---|---|
| Market Information | ||
| Market Cap | $3.82B | $50.00B |
| Market Cap Category | Mid cap | Large cap |
| 10 Day Avg. Volume | 443,840 | 724,950 |
| 90 Day Avg. Volume | 380,777 | 897,227 |
| Last Close | $99.96 | $248.03 |
| 52 Week Range | $98.76 - $184.11 | $160.95 - $261.69 |
| % from 52W High | -45.71% | -5.22% |
| All-Time High | $187.61 (Jun 26, 2023) | $261.69 (Oct 09, 2025) |
| % from All-Time High | -46.72% | -5.22% |
| Growth Metrics | ||
| Quarterly Revenue Growth | 0.02% | 0.20% |
| Quarterly Earnings Growth | -0.67% | 0.33% |
| Financial Health | ||
| Profit Margin (TTM) | 0.06% | 0.23% |
| Operating Margin (TTM) | 0.11% | 0.26% |
| Return on Equity (TTM) | 0.08% | 0.21% |
| Debt to Equity (MRQ) | 64.16 | 2.34 |
| Cash & Liquidity | ||
| Book Value per Share (MRQ) | $22.28 | $42.20 |
| Cash per Share (MRQ) | $3.06 | $13.44 |
| Operating Cash Flow (TTM) | $131.34M | $1.34B |
| Levered Free Cash Flow (TTM) | $135.19M | $765.88M |
| Dividends | ||
| Last 12-Month Dividend Yield | N/A | 1.59% |
| Last 12-Month Dividend | N/A | $3.15 |
Valuation & Enterprise Metrics Analysis: Novanta vs Garmin
| Metric | NOVT | GRMN |
|---|---|---|
| Price Ratios | ||
| P/E Ratio (TTM) | 59.75 | 31.64 |
| Forward P/E | 26.64 | 34.36 |
| PEG Ratio | -0.87 | 0.97 |
| Price to Sales (TTM) | 3.80 | 7.30 |
| Price to Book (MRQ) | 4.53 | 6.07 |
| Market Capitalization | ||
| Market Capitalization | $3.82B | $50.00B |
| Enterprise Value | $4.04B | $46.94B |
| Enterprise Value Metrics | ||
| Enterprise to Revenue | 4.22 | 6.95 |
| Enterprise to EBITDA | 21.77 | 24.16 |
| Risk & Other Metrics | ||
| Beta | 1.50 | 0.99 |
| Book Value per Share (MRQ) | $22.28 | $42.20 |
Financial Statements Comparison: Novanta vs Garmin
Financial Metrics
Loading Financial Charts...
Revenue
EBITDA
Operating Margin
Free Cash Flow
Long Term Debt
Profit Margin
Current Ratio
Operating Cash Flow
Income Statement (MRQ)
| Metric (MRQ) | NOVT | GRMN |
|---|---|---|
| Revenue/Sales | $233.37M | $1.54B |
| Cost of Goods Sold | $129.01M | $650.55M |
| Gross Profit | $104.35M | $884.55M |
| Research & Development | $23.24M | $268.12M |
| Operating Income (EBIT) | $29.97M | $332.82M |
| EBITDA | $41.44M | $354.36M |
| Pre-Tax Income | $26.42M | $389.08M |
| Income Tax | $5.21M | $56.31M |
| Net Income (Profit) | $21.21M | $332.77M |
Balance Sheet & Liquidity Metrics (MRQ)
| Metric (MRQ) | NOVT | GRMN |
|---|---|---|
| Cash & Equivalents | $106.05M | $2.18B |
| Total Current Assets | $434.14M | $5.45B |
| Total Current Liabilities | $169.59M | $1.33B |
| Long-Term Debt | $426.95M | $140.24M |
| Total Shareholders Equity | $769.76M | $8.18B |
| Retained Earnings | $288.76M | $6.33B |
| Property, Plant & Equipment | $41.32M | $2.58B |
Cash Flow Statement Comparison (MRQ)
| Metric (MRQ) | NOVT | GRMN |
|---|---|---|
| Operating Cash Flow | $29.20M | $424.58M |
| Capital Expenditures | $1.25M | $-40.06M |
| Free Cash Flow | $27.40M | $380.73M |
| Debt Repayment | $-29.72M | N/A |
| Common Stock Repurchase | $-6.16M | N/A |
Short Interest & Institutional Ownership Analysis
| Metric | NOVT | GRMN |
|---|---|---|
| Shares Short | 1.85M | 2.79M |
| Short Ratio | 5.34 | 3.41 |
| Short % of Float | 0.07% | 0.02% |
| Average Daily Volume (10 Day) | 443,840 | 724,950 |
| Average Daily Volume (90 Day) | 380,777 | 897,227 |
| Shares Outstanding | 35.94M | 192.47M |
| Float Shares | 35.64M | 163.49M |
| % Held by Insiders | 0.01% | 0.15% |
| % Held by Institutions | 1.06% | 0.57% |
Dividend Analysis & Yield Comparison: Novanta vs Garmin
| Metric | NOVT | GRMN |
|---|---|---|
| Last 12-Month Dividend | N/A | $3.15 |
| Last 12-Month Dividend Yield | N/A | 1.59% |
| 3-Year Avg Annual Dividend | N/A | $3.00 |
| 3-Year Avg Dividend Yield | N/A | 0.58% |
| 3-Year Total Dividends | N/A | $9.01 |
| Ex-Dividend Date | N/A | Jun 16, 2025 |