NOVT vs EQH-P-A

Comparison between Novanta Inc (NOVT, Company) and Equitable Holdings Inc (EQH-P-A, Company).

5-Year PerformanceNOVT has outperformed EQH-P-A, delivering a return of +4.2% compared to -0.1%

NOVT vs EQH-P-A - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NOVT(COMPANY)	EQH-P-A(COMPANY)
Market Cap	$5.53B	$5.54B
Max Drawdown	46.71%	62.34%
Sharpe Ratio	0.66	0.04
5Y Beta	1.60	0.24
Industry	Scientific & Technical Instruments	Other
P/E Ratio	103.23	-7.24
Forward P/E	8.39	N/A
5Y Dividends CAGR	N/A	0.00%
5Y EPS CAGR	3.84%	-30.68%
Debt to Equity	18.41%	1405.49%
Free Cash Flow Yield	1.24%	19.05%

Market Cap

NOVT

$5.53B

Winner

EQH-P-A

$5.54B

Max Drawdown

Winner

NOVT

46.71%

EQH-P-A

62.34%

Sharpe Ratio

Winner

NOVT

0.66

EQH-P-A

0.04

5Y Beta

NOVT

1.60

Winner

EQH-P-A

0.24

Industry

NOVT

Scientific & Technical Instruments

EQH-P-A

Other

P/E Ratio

NOVT

103.23

Winner

EQH-P-A

-7.24

Forward P/E

NOVT

8.39

EQH-P-A

N/A

5Y Dividends CAGR

NOVT

N/A

EQH-P-A

0.00%

5Y EPS CAGR

Winner

NOVT

3.84%

EQH-P-A

-30.68%

Debt to Equity

Winner

NOVT

18.41%

EQH-P-A

1405.49%

Free Cash Flow Yield

NOVT

1.24%

Winner

EQH-P-A

19.05%

NOVT vs EQH-P-A - Historical Returns

Returns include dividend reinvestment.

Period	NOVT	EQH-P-A
1 month	+2.66%	+1.49%
3 months	+30.14%	-0.53%
6 months	+28.17%	-0.04%
1 year	+27.14%	+3.55%
5 years(CAGR)	+4.21%	-0.08%
10 years(CAGR)	+25.62%	N/A
Max(CAGR)	+26.58%	+2.24%

Winner

NOVT

+2.66%

EQH-P-A

+1.49%

Winner

NOVT

+30.14%

EQH-P-A

-0.53%

Winner

NOVT

+28.17%

EQH-P-A

-0.04%

Winner

NOVT

+27.14%

EQH-P-A

+3.55%

5Y(CAGR)

Winner

NOVT

+4.21%

EQH-P-A

-0.08%

10Y(CAGR)

NOVT

+25.62%

EQH-P-A

N/A

Max(CAGR)

Winner

NOVT

+26.58%

EQH-P-A

+2.24%

NOVT vs EQH-P-A - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	NOVT	EQH-P-A
2026	+39.73%	-1.16%
2025	-21.16%	+3.26%
2024	-7.02%	+1.25%
2023	+24.91%	+17.41%
2022	-21.81%	-24.28%
2021	+49.84%	+6.01%
2020	+29.17%	+7.45%
2019	+38.01%	+4.95%
2018	+24.75%	N/A
2017	+132.02%	N/A
2016	+58.85%	N/A

NOVT vs EQH-P-A 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 EQH-P-A was -61.75%, occurring on Mar 18, 2020. Recovery took 155 trading sessions.

The current NOVT drawdown is -16.60%. The current EQH-P-A drawdown is -7.47%.

Rank	NOVT	EQH-P-A
#1	-46.71% Jul 16, 2024 - Nov 20, 2025	-61.75% Feb 14, 2020 - Sep 25, 2020
#2	-38.60% Nov 4, 2021 - Jun 29, 2023	-28.45% Oct 14, 2021 - Aug 28, 2024
#3	-34.98% Jul 17, 2023 - Jul 16, 2024	-14.20% Sep 25, 2024 - Apr 11, 2025
#4	-31.80% Feb 13, 2020 - May 20, 2020	-5.11% Nov 16, 2020 - Apr 5, 2021
#5	-27.81% Aug 27, 2018 - Feb 22, 2019	-4.55% Oct 14, 2020 - Nov 9, 2020
#6	-24.96% Jun 28, 2019 - Jan 13, 2020	-2.47% Apr 14, 2021 - Jun 2, 2021
#7	-19.00% Nov 21, 2017 - Jan 16, 2018	-2.22% Jul 7, 2021 - Sep 1, 2021
#8	-18.56% Jan 26, 2018 - Apr 17, 2018	-2.14% Sep 29, 2021 - Oct 14, 2021
#9	-16.09% Aug 6, 2020 - Oct 9, 2020	-1.60% Oct 5, 2020 - Oct 14, 2020
#10	-15.54% Feb 12, 2021 - Aug 11, 2021	-1.11% Jun 14, 2021 - Jul 7, 2021
#11	-11.81% Jun 5, 2020 - Aug 6, 2020	-1.07% Jan 2, 2020 - Jan 23, 2020
#12	-11.56% Apr 12, 2019 - Jun 18, 2019	-1.05% Sep 22, 2021 - Sep 29, 2021
#13	-11.54% Jun 14, 2018 - Jul 20, 2018	-0.85% Sep 16, 2024 - Sep 24, 2024
#14	-11.40% Jan 5, 2016 - Mar 4, 2016	-0.82% Sep 5, 2024 - Sep 9, 2024
#15	-11.16% Sep 24, 2021 - Oct 22, 2021	-0.76% Nov 27, 2019 - Dec 4, 2019

Correlation

Correlation between NOVT and EQH-P-A is 0.35 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.35

-101