AMTM vs NOVT
Comparison between Amentum Holdings Inc (AMTM, Company) and Novanta Inc (NOVT, Company).
AMTM is from the Industrials sector, while NOVT is from the Technology sector.
AMTM vs NOVT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
AMTM
$5.49B
NOVT
$5.47B
Max Drawdown
AMTM
50.81%
Winner
NOVT
46.71%
Sharpe Ratio
AMTM
0.19
Winner
NOVT
0.53
5Y Beta
Winner
AMTM
1.27
NOVT
1.60
Industry
AMTM
Specialty Business Services
NOVT
Scientific & Technical Instruments
P/E Ratio
Winner
AMTM
37.07
NOVT
102.10
Forward P/E
AMTM
9.59
Winner
NOVT
8.39
5Y EPS CAGR
AMTM
N/A
NOVT
3.84%
Debt to Equity
AMTM
85.20%
Winner
NOVT
18.41%
Free Cash Flow Yield
Winner
AMTM
7.99%
NOVT
1.25%
AMTM vs NOVT - Historical Returns
Returns include dividend reinvestment.
1M
AMTM
-18.55%
Winner
NOVT
+16.12%
3M
AMTM
-27.33%
Winner
NOVT
+5.23%
6M
AMTM
-7.69%
Winner
NOVT
+54.81%
1Y
AMTM
+2.76%
Winner
NOVT
+19.71%
5Y(CAGR)
AMTM
N/A
NOVT
+2.12%
10Y(CAGR)
AMTM
N/A
NOVT
+26.18%
Max(CAGR)
AMTM
-15.14%
Winner
NOVT
+26.67%
AMTM vs NOVT - Annual Returns (2016 - 2026)
Returns include dividend reinvestment.
| Year | AMTM | NOVT |
|---|---|---|
| 2026 | -26.16% | +38.20% |
| 2025 | +33.89% | -21.16% |
| 2024 | -28.74% | -7.02% |
| 2023 | N/A | +24.91% |
| 2022 | N/A | -21.81% |
| 2021 | N/A | +49.84% |
| 2020 | N/A | +29.17% |
| 2019 | N/A | +38.01% |
| 2018 | N/A | +24.75% |
| 2017 | N/A | +132.02% |
| 2016 | N/A | +58.85% |
AMTM vs NOVT Drawdown Comparison
The maximum drawdown for AMTM was -50.81%, occurring on Apr 8, 2025. Recovery took 291 trading sessions.
The maximum drawdown for NOVT was -46.71%, occurring on Nov 20, 2025. This drawdown has not yet recovered.
The current AMTM drawdown is -40.03%. The current NOVT drawdown is -17.51%.
| Rank | AMTM | NOVT |
|---|---|---|
| #1 | -50.81% Nov 8, 2024 - Jan 9, 2026 | -46.71% Jul 16, 2024 - Nov 20, 2025 |
| #2 | -40.03% Feb 6, 2026 - May 20, 2026 | -38.60% Nov 4, 2021 - Jun 29, 2023 |
| #3 | -23.26% Sep 30, 2024 - Nov 8, 2024 | -34.98% Jul 17, 2023 - Jul 16, 2024 |
| #4 | -13.01% Sep 24, 2024 - Sep 30, 2024 | -31.80% Feb 13, 2020 - May 20, 2020 |
| #5 | -3.61% Jan 29, 2026 - Feb 6, 2026 | -27.81% Aug 27, 2018 - Feb 22, 2019 |
| #6 | -1.88% Jan 22, 2026 - Jan 28, 2026 | -24.96% Jun 28, 2019 - Jan 13, 2020 |
| #7 | -1.18% Jan 16, 2026 - Jan 22, 2026 | -19.00% Nov 21, 2017 - Jan 16, 2018 |
| #8 | -0.29% Jan 12, 2026 - Jan 14, 2026 | -18.56% Jan 26, 2018 - Apr 17, 2018 |
| #9 | -0.06% Jan 14, 2026 - Jan 16, 2026 | -16.09% Aug 6, 2020 - Oct 9, 2020 |
| #10 | N/A | -15.54% Feb 12, 2021 - Aug 11, 2021 |
| #11 | N/A | -11.81% Jun 5, 2020 - Aug 6, 2020 |
| #12 | N/A | -11.56% Apr 12, 2019 - Jun 18, 2019 |
| #13 | N/A | -11.54% Jun 14, 2018 - Jul 20, 2018 |
| #14 | N/A | -11.40% Jan 5, 2016 - Mar 4, 2016 |
| #15 | N/A | -11.16% Sep 24, 2021 - Oct 22, 2021 |
Correlation
Correlation between AMTM and NOVT is 0.15 which considered as a very weak or no correlation - the stocks move independently of each other.
0.15
-101
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