ENPH vs NOVT

Comparison between Enphase Energy Inc (ENPH, Company) and Novanta Inc (NOVT, Company).

Both ENPH and NOVT are from the Technology sector.

5-Year PerformanceNOVT has outperformed ENPH, delivering a return of +1.6% compared to -18.6%

ENPH vs NOVT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ENPH(COMPANY)	NOVT(COMPANY)
Market Cap	$5.53B	$5.54B
Max Drawdown	95.97%	46.71%
Sharpe Ratio	0.27	0.41
5Y Beta	1.13	1.59
Industry	Solar	Scientific & Technical Instruments
P/E Ratio	40.70	103.32
Forward P/E	17.36	8.39
PEG Ratio	0.96	2.11
5Y EPS CAGR	6.99%	3.84%
Debt to Equity	51.94%	18.41%
Free Cash Flow Yield	2.62%	1.24%
P/S Ratio	3.95	5.49
P/B Ratio	4.36	3.75

Market Cap

ENPH

$5.53B

Winner

NOVT

$5.54B

Max Drawdown

ENPH

95.97%

Winner

NOVT

46.71%

Sharpe Ratio

ENPH

0.27

Winner

NOVT

0.41

5Y Beta

Winner

ENPH

1.13

NOVT

1.59

Industry

ENPH

Solar

NOVT

Scientific & Technical Instruments

P/E Ratio

Winner

ENPH

40.70

NOVT

103.32

Forward P/E

ENPH

17.36

Winner

NOVT

8.39

PEG Ratio

Winner

ENPH

0.96

NOVT

2.11

5Y EPS CAGR

Winner

ENPH

6.99%

NOVT

3.84%

Debt to Equity

ENPH

51.94%

Winner

NOVT

18.41%

Free Cash Flow Yield

Winner

ENPH

2.62%

NOVT

1.24%

P/S Ratio

Winner

ENPH

3.95

NOVT

5.49

P/B Ratio

ENPH

4.36

Winner

NOVT

3.75

ENPH vs NOVT - Historical Returns

Returns include dividend reinvestment.

Period	ENPH	NOVT
1 month	+38.02%	+11.55%
3 months	+5.67%	+1.81%
6 months	+73.89%	+46.60%
1 year	-4.14%	+14.15%
5 years(CAGR)	-18.58%	+1.56%
10 years(CAGR)	+38.21%	+25.96%
Max(CAGR)	+14.00%	+26.19%

Winner

ENPH

+38.02%

NOVT

+11.55%

Winner

ENPH

+5.67%

NOVT

+1.81%

Winner

ENPH

+73.89%

NOVT

+46.60%

ENPH

-4.14%

Winner

NOVT

+14.15%

5Y(CAGR)

ENPH

-18.58%

Winner

NOVT

+1.56%

10Y(CAGR)

Winner

ENPH

+38.21%

NOVT

+25.96%

Max(CAGR)

ENPH

+14.00%

Winner

NOVT

+26.19%

ENPH vs NOVT - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	ENPH	NOVT
2026	+38.55%	+32.76%
2025	-55.09%	-21.16%
2024	-47.67%	-7.02%
2023	-47.83%	+24.91%
2022	+43.65%	-21.81%
2021	+6.21%	+49.84%
2020	+498.06%	+29.17%
2019	+431.10%	+38.01%
2018	+81.92%	+24.75%
2017	+129.52%	+132.02%
2016	-71.06%	+58.85%
2015	-75.30%	N/A
2014	+110.77%	N/A
2013	+67.28%	N/A
2012	-50.27%	N/A

ENPH vs NOVT Drawdown Comparison

The maximum drawdown for ENPH was -95.97%, occurring on May 18, 2017. Recovery took 1192 trading sessions.

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

The current ENPH drawdown is -86.08%. The current NOVT drawdown is -20.75%.

Rank	ENPH	NOVT
#1	-95.97% Sep 17, 2014 - Jun 13, 2019	-46.71% Jul 16, 2024 - Nov 20, 2025
#2	-92.23% Dec 2, 2022 - Nov 20, 2025	-38.60% Nov 4, 2021 - Jun 29, 2023
#3	-77.44% May 3, 2012 - May 13, 2013	-34.98% Jul 17, 2023 - Jul 16, 2024
#4	-59.40% Feb 21, 2020 - May 11, 2020	-31.80% Feb 13, 2020 - May 20, 2020
#5	-55.19% Nov 19, 2021 - Jul 28, 2022	-27.81% Aug 27, 2018 - Feb 22, 2019
#6	-49.38% May 14, 2013 - Jul 14, 2014	-24.96% Jun 28, 2019 - Jan 13, 2020
#7	-48.45% Aug 21, 2019 - Feb 4, 2020	-19.00% Nov 21, 2017 - Jan 16, 2018
#8	-46.38% Jan 7, 2021 - Oct 27, 2021	-18.56% Jan 26, 2018 - Apr 17, 2018
#9	-41.77% May 19, 2020 - Aug 4, 2020	-16.09% Aug 6, 2020 - Oct 9, 2020
#10	-25.81% Sep 14, 2022 - Dec 2, 2022	-15.54% Feb 12, 2021 - Aug 11, 2021
#11	-17.35% Sep 1, 2020 - Sep 29, 2020	-11.81% Jun 5, 2020 - Aug 6, 2020
#12	-16.45% Jul 24, 2014 - Aug 11, 2014	-11.56% Apr 12, 2019 - Jun 18, 2019
#13	-15.54% Oct 20, 2020 - Nov 5, 2020	-11.54% Jun 14, 2018 - Jul 20, 2018
#14	-13.57% Apr 2, 2012 - May 1, 2012	-11.40% Jan 5, 2016 - Mar 4, 2016
#15	-13.35% Jun 18, 2019 - Jul 3, 2019	-11.16% Sep 24, 2021 - Oct 22, 2021