CMS-P-C vs NOVT

Comparison between CMS Energy Corporation (CMS-P-C, Company) and Novanta Inc (NOVT, Company).

5-Year PerformanceNOVT has outperformed CMS-P-C, delivering a return of +0.8% compared to -3.3%

CMS-P-C vs NOVT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CMS-P-C(COMPANY)	NOVT(COMPANY)
Market Cap	$5.18B	$5.17B
Max Drawdown	36.93%	46.71%
Sharpe Ratio	-0.37	0.47
5Y Beta	0.22	1.62
Industry	N/A	Scientific & Technical Instruments
P/E Ratio	4.63	96.55
Forward P/E	N/A	8.39
PEG Ratio	0.74	2.11
5Y EPS CAGR	3.94%	3.84%
Debt to Equity	199.20%	18.41%
Free Cash Flow Yield	-71.59%	1.32%
P/S Ratio	N/A	5.15
P/B Ratio	N/A	3.96

Market Cap

Winner

CMS-P-C

$5.18B

NOVT

$5.17B

Max Drawdown

Winner

CMS-P-C

36.93%

NOVT

46.71%

Sharpe Ratio

CMS-P-C

-0.37

Winner

NOVT

0.47

5Y Beta

Winner

CMS-P-C

0.22

NOVT

1.62

Industry

CMS-P-C

N/A

NOVT

Scientific & Technical Instruments

P/E Ratio

Winner

CMS-P-C

4.63

NOVT

96.55

Forward P/E

CMS-P-C

N/A

NOVT

8.39

PEG Ratio

Winner

CMS-P-C

0.74

NOVT

2.11

5Y EPS CAGR

Winner

CMS-P-C

3.94%

NOVT

3.84%

Debt to Equity

CMS-P-C

199.20%

Winner

NOVT

18.41%

Free Cash Flow Yield

CMS-P-C

-71.59%

Winner

NOVT

1.32%

P/S Ratio

CMS-P-C

N/A

NOVT

5.15

P/B Ratio

CMS-P-C

N/A

NOVT

3.96

CMS-P-C vs NOVT - Historical Returns

Returns include dividend reinvestment.

Period	CMS-P-C	NOVT
1 month	-1.90%	-5.34%
3 months	-2.91%	+7.70%
6 months	-5.35%	+3.89%
1 year	-1.00%	+13.24%
5 years(CAGR)	-3.29%	+0.84%
10 years(CAGR)	N/A	+24.57%
Max(CAGR)	-2.87%	+25.34%

Winner

CMS-P-C

-1.90%

NOVT

-5.34%

CMS-P-C

-2.91%

Winner

NOVT

+7.70%

CMS-P-C

-5.35%

Winner

NOVT

+3.89%

CMS-P-C

-1.00%

Winner

NOVT

+13.24%

5Y(CAGR)

CMS-P-C

-3.29%

Winner

NOVT

+0.84%

10Y(CAGR)

CMS-P-C

N/A

NOVT

+24.57%

Max(CAGR)

CMS-P-C

-2.87%

Winner

NOVT

+25.34%

CMS-P-C vs NOVT - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	CMS-P-C	NOVT
2026	-3.96%	+28.90%
2025	-1.03%	-21.16%
2024	-0.99%	-7.02%
2023	+17.04%	+24.91%
2022	-25.00%	-21.81%
2021	+1.60%	+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%

CMS-P-C vs NOVT Drawdown Comparison

The maximum drawdown for CMS-P-C was -32.69%, occurring on Nov 2, 2022. This drawdown has not yet recovered.

The maximum drawdown for NOVT was -46.71%, occurring on Nov 20, 2025. This drawdown has not yet recovered.

The current CMS-P-C drawdown is -15.40%. The current NOVT drawdown is -23.06%.

Rank	CMS-P-C	NOVT
#1	-32.69% Jul 23, 2021 - Nov 2, 2022	-46.71% Jul 16, 2024 - Nov 20, 2025
#2	-0.47% Jul 15, 2021 - Jul 23, 2021	-38.60% Nov 4, 2021 - Jun 29, 2023
#3	-0.08% Jul 9, 2021 - Jul 13, 2021	-34.98% Jul 17, 2023 - Jul 16, 2024
#4	N/A	-31.80% Feb 13, 2020 - May 20, 2020
#5	N/A	-27.81% Aug 27, 2018 - Feb 22, 2019
#6	N/A	-24.96% Jun 28, 2019 - Jan 13, 2020
#7	N/A	-19.00% Nov 21, 2017 - Jan 16, 2018
#8	N/A	-18.56% Jan 26, 2018 - Apr 17, 2018
#9	N/A	-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