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NOVT vs AVTR

Comparison between Novanta Inc (NOVT, Company) and Avantor Inc (AVTR, Company).

NOVT is from the Technology sector, while AVTR is from the Healthcare sector.

5-Year PerformanceNOVT has outperformed AVTR, delivering a return of +2.3% compared to -21.8%

NOVT vs AVTR - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
Winner
NOVT
$5.75B
AVTR
$5.73B
Max Drawdown
Winner
NOVT
46.71%
AVTR
83.16%
Sharpe Ratio
Winner
NOVT
0.60
AVTR
-0.54
5Y Beta
NOVT
1.60
Winner
AVTR
1.07
Industry
NOVT
Scientific & Technical Instruments
AVTR
Medical Instruments & Supplies
P/E Ratio
NOVT
107.35
Winner
AVTR
-10.37
Forward P/E
Winner
NOVT
8.39
AVTR
12.36
PEG Ratio
NOVT
2.11
AVTR
N/A
5Y EPS CAGR
NOVT
3.84%
AVTR
N/A
Debt to Equity
Winner
NOVT
18.41%
AVTR
68.29%
Free Cash Flow Yield
NOVT
1.19%
Winner
AVTR
7.66%
P/S Ratio
NOVT
5.57
Winner
AVTR
0.95
P/B Ratio
NOVT
4.39
Winner
AVTR
1.12

NOVT vs AVTR - Historical Returns

Returns include dividend reinvestment.

1M
Winner
NOVT
+18.14%
AVTR
+13.66%
3M
Winner
NOVT
+14.42%
AVTR
+7.39%
6M
Winner
NOVT
+34.80%
AVTR
-16.29%
1Y
Winner
NOVT
+23.72%
AVTR
-29.34%
5Y(CAGR)
Winner
NOVT
+2.33%
AVTR
-21.80%
10Y(CAGR)
NOVT
+25.61%
AVTR
N/A
Max(CAGR)
Winner
NOVT
+26.76%
AVTR
-6.32%

NOVT vs AVTR - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

YearNOVTAVTR
2026+40.62%-20.16%
2025-21.16%-45.94%
2024-7.02%-7.38%
2023+24.91%+7.84%
2022-21.81%-48.00%
2021+49.84%+54.30%
2020+29.17%+52.57%
2019+38.01%+25.17%
2018+24.75%N/A
2017+132.02%N/A
2016+58.85%N/A

NOVT vs AVTR Drawdown Comparison

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

The maximum drawdown for AVTR was -83.16%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current NOVT drawdown is -16.06%. The current AVTR drawdown is -79.21%.

RankNOVTAVTR
#1-46.71%
Jul 16, 2024 - Nov 20, 2025
-83.16%
Sep 24, 2021 - Mar 27, 2026
#2-38.60%
Nov 4, 2021 - Jun 29, 2023
-57.02%
Feb 6, 2020 - Jul 27, 2020
#3-34.98%
Jul 17, 2023 - Jul 16, 2024
-28.94%
Jul 5, 2019 - Jan 17, 2020
#4-31.80%
Feb 13, 2020 - May 20, 2020
-12.58%
Jan 25, 2021 - Apr 6, 2021
#5-27.81%
Aug 27, 2018 - Feb 22, 2019
-9.91%
Apr 26, 2021 - Jun 10, 2021
#6-24.96%
Jun 28, 2019 - Jan 13, 2020
-9.63%
Oct 22, 2020 - Nov 6, 2020
#7-19.00%
Nov 21, 2017 - Jan 16, 2018
-9.37%
Aug 3, 2020 - Aug 31, 2020
#8-18.56%
Jan 26, 2018 - Apr 17, 2018
-6.60%
Aug 31, 2020 - Sep 16, 2020
#9-16.09%
Aug 6, 2020 - Oct 9, 2020
-6.16%
Nov 17, 2020 - Dec 31, 2020
#10-15.54%
Feb 12, 2021 - Aug 11, 2021
-5.84%
Jan 11, 2021 - Jan 22, 2021
#11-11.81%
Jun 5, 2020 - Aug 6, 2020
-5.66%
Sep 21, 2020 - Oct 1, 2020
#12-11.56%
Apr 12, 2019 - Jun 18, 2019
-5.00%
Jan 17, 2020 - Feb 6, 2020
#13-11.54%
Jun 14, 2018 - Jul 20, 2018
-4.16%
Apr 12, 2021 - Apr 23, 2021
#14-11.40%
Jan 5, 2016 - Mar 4, 2016
-3.67%
May 28, 2019 - Jun 12, 2019
#15-11.16%
Sep 24, 2021 - Oct 22, 2021
-3.66%
Oct 12, 2020 - Oct 20, 2020

Correlation

Correlation between NOVT and AVTR is 0.38 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.38
-101

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