NOVT vs ENPH

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

Both NOVT and ENPH are from the Technology sector.

5-Year PerformanceNOVT has outperformed ENPH, delivering a return of +3.2% compared to -17.1%

NOVT vs ENPH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NOVT(COMPANY)	ENPH(COMPANY)
Market Cap	$5.75B	$9.26B
Max Drawdown	46.71%	95.97%
Sharpe Ratio	0.71	0.75
5Y Beta	1.60	1.23
Industry	Scientific & Technical Instruments	Solar
P/E Ratio	107.35	68.11
Forward P/E	8.39	32.57
PEG Ratio	2.11	1.77
5Y EPS CAGR	3.84%	6.99%
Debt to Equity	18.41%	51.94%
Free Cash Flow Yield	1.19%	1.57%
P/S Ratio	5.57	6.62
P/B Ratio	4.39	8.00

Market Cap

NOVT

$5.75B

Winner

ENPH

$9.26B

Max Drawdown

Winner

NOVT

46.71%

ENPH

95.97%

Sharpe Ratio

NOVT

0.71

Winner

ENPH

0.75

5Y Beta

NOVT

1.60

Winner

ENPH

1.23

Industry

NOVT

Scientific & Technical Instruments

ENPH

Solar

P/E Ratio

NOVT

107.35

Winner

ENPH

68.11

Forward P/E

Winner

NOVT

8.39

ENPH

32.57

PEG Ratio

NOVT

2.11

Winner

ENPH

1.77

5Y EPS CAGR

NOVT

3.84%

Winner

ENPH

6.99%

Debt to Equity

Winner

NOVT

18.41%

ENPH

51.94%

Free Cash Flow Yield

NOVT

1.19%

Winner

ENPH

1.57%

P/S Ratio

Winner

NOVT

5.57

ENPH

6.62

P/B Ratio

Winner

NOVT

4.39

ENPH

8.00

NOVT vs ENPH - Historical Returns

Returns include dividend reinvestment.

Period	NOVT	ENPH
1 month	+16.15%	+46.80%
3 months	+26.24%	+30.96%
6 months	+37.71%	+69.60%
1 year	+24.83%	+23.69%
5 years(CAGR)	+3.21%	-17.14%
10 years(CAGR)	+26.03%	+38.24%
Max(CAGR)	+27.06%	+15.02%

NOVT

+16.15%

Winner

ENPH

+46.80%

NOVT

+26.24%

Winner

ENPH

+30.96%

NOVT

+37.71%

Winner

ENPH

+69.60%

Winner

NOVT

+24.83%

ENPH

+23.69%

5Y(CAGR)

Winner

NOVT

+3.21%

ENPH

-17.14%

10Y(CAGR)

NOVT

+26.03%

Winner

ENPH

+38.24%

Max(CAGR)

Winner

NOVT

+27.06%

ENPH

+15.02%

NOVT vs ENPH - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	NOVT	ENPH
2026	+44.55%	+58.55%
2025	-21.16%	-55.09%
2024	-7.02%	-47.67%
2023	+24.91%	-47.83%
2022	-21.81%	+43.65%
2021	+49.84%	+6.21%
2020	+29.17%	+498.06%
2019	+38.01%	+431.10%
2018	+24.75%	+81.92%
2017	+132.02%	+129.52%
2016	+58.85%	-71.06%
2015	N/A	-75.30%
2014	N/A	+110.77%
2013	N/A	+67.28%
2012	N/A	-50.27%

NOVT vs ENPH 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 ENPH was -95.97%, occurring on May 18, 2017. Recovery took 1192 trading sessions.

The current NOVT drawdown is -13.72%. The current ENPH drawdown is -84.07%.

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