NOVT vs CWST

Comparison between Novanta Inc (NOVT, Company) and Casella Waste Systems Inc - Class A (CWST, Company).

NOVT is from the Technology sector, while CWST is from the Industrials sector.

5-Year PerformanceCWST has outperformed NOVT, delivering a return of +6.7% compared to +4.2%

NOVT vs CWST - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NOVT(COMPANY)	CWST(COMPANY)
Market Cap	$5.53B	$5.53B
Max Drawdown	46.71%	97.15%
Sharpe Ratio	0.66	-0.81
5Y Beta	1.60	0.43
Industry	Scientific & Technical Instruments	Waste Management
P/E Ratio	103.23	1140.52
Forward P/E	8.39	88.50
5Y EPS CAGR	3.84%	-37.21%
Debt to Equity	18.41%	0.00%
Free Cash Flow Yield	1.24%	1.85%

Market Cap

Winner

NOVT

$5.53B

CWST

$5.53B

Max Drawdown

Winner

NOVT

46.71%

CWST

97.15%

Sharpe Ratio

Winner

NOVT

0.66

CWST

-0.81

5Y Beta

NOVT

1.60

Winner

CWST

0.43

Industry

NOVT

Scientific & Technical Instruments

CWST

Waste Management

P/E Ratio

Winner

NOVT

103.23

CWST

1140.52

Forward P/E

Winner

NOVT

8.39

CWST

88.50

5Y EPS CAGR

Winner

NOVT

3.84%

CWST

-37.21%

Debt to Equity

NOVT

18.41%

Winner

CWST

0.00%

Free Cash Flow Yield

NOVT

1.24%

Winner

CWST

1.85%

NOVT vs CWST - Historical Returns

Returns include dividend reinvestment.

Period	NOVT	CWST
1 month	+2.66%	-1.27%
3 months	+30.14%	+1.25%
6 months	+28.17%	-13.53%
1 year	+27.14%	-25.97%
5 years(CAGR)	+4.21%	+6.69%
10 years(CAGR)	+25.62%	+27.75%
Max(CAGR)	+26.58%	+7.17%

Winner

NOVT

+2.66%

CWST

-1.27%

Winner

NOVT

+30.14%

CWST

+1.25%

Winner

NOVT

+28.17%

CWST

-13.53%

Winner

NOVT

+27.14%

CWST

-25.97%

5Y(CAGR)

NOVT

+4.21%

Winner

CWST

+6.69%

10Y(CAGR)

NOVT

+25.62%

Winner

CWST

+27.75%

Max(CAGR)

Winner

NOVT

+26.58%

CWST

+7.17%

NOVT vs CWST - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NOVT	CWST
2026	+39.73%	-11.83%
2025	-21.16%	-6.01%
2024	-7.02%	+24.95%
2023	+24.91%	+8.40%
2022	-21.81%	-5.19%
2021	+49.84%	+41.17%
2020	+29.17%	+34.79%
2019	+38.01%	+65.58%
2018	+24.75%	+23.01%
2017	+132.02%	+81.26%
2016	+58.85%	+114.34%
2015	N/A	+45.15%
2014	N/A	-30.46%
2013	N/A	+28.60%
2012	N/A	-33.64%
2011	N/A	-11.11%
2010	N/A	+62.99%
2009	N/A	+5.24%
2008	N/A	-67.39%
2007	N/A	+3.16%
2006	N/A	-4.82%
2005	N/A	-9.36%
2004	N/A	+5.48%
2003	N/A	+54.86%
2002	N/A	-39.93%
2001	N/A	+99.11%
2000	N/A	-53.81%
1999	N/A	+37.31%

NOVT vs CWST 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 CWST was -97.15%, occurring on Mar 12, 2009. Recovery took 4491 trading sessions.

The current NOVT drawdown is -16.60%. The current CWST drawdown is -27.74%.

Rank	NOVT	CWST
#1	-46.71% Jul 16, 2024 - Nov 20, 2025	-97.15% Dec 29, 1999 - Nov 2, 2017
#2	-38.60% Nov 4, 2021 - Jun 29, 2023	-37.72% May 6, 2025 - Mar 27, 2026
#3	-34.98% Jul 17, 2023 - Jul 16, 2024	-34.96% Feb 20, 2020 - Jul 31, 2020
#4	-31.80% Feb 13, 2020 - May 20, 2020	-28.08% Mar 10, 2022 - May 9, 2023
#5	-27.81% Aug 27, 2018 - Feb 22, 2019	-26.64% Nov 29, 2018 - Feb 12, 2019
#6	-24.96% Jun 28, 2019 - Jan 13, 2020	-23.23% May 15, 2023 - Mar 15, 2024
#7	-19.00% Nov 21, 2017 - Jan 16, 2018	-21.56% Nov 17, 2021 - Mar 10, 2022
#8	-18.56% Jan 26, 2018 - Apr 17, 2018	-15.70% Aug 28, 2019 - Nov 27, 2019
#9	-16.09% Aug 6, 2020 - Oct 9, 2020	-14.69% Sep 10, 2018 - Nov 29, 2018
#10	-15.54% Feb 12, 2021 - Aug 11, 2021	-13.80% Dec 18, 2020 - Mar 10, 2021
#11	-11.81% Jun 5, 2020 - Aug 6, 2020	-13.57% Feb 26, 2018 - May 4, 2018
#12	-11.56% Apr 12, 2019 - Jun 18, 2019	-12.57% May 4, 2018 - Jul 26, 2018
#13	-11.54% Jun 14, 2018 - Jul 20, 2018	-11.81% Oct 15, 2020 - Dec 15, 2020
#14	-11.40% Jan 5, 2016 - Mar 4, 2016	-10.84% Sep 2, 2020 - Oct 7, 2020
#15	-11.16% Sep 24, 2021 - Oct 22, 2021	-10.78% Mar 26, 2019 - Apr 25, 2019