NOVT vs LGND

Comparison between Novanta Inc (NOVT, Company) and Ligand Pharmaceuticals Inc - Class B (LGND, Company).

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

5-Year PerformanceLGND has outperformed NOVT, delivering a return of +16.8% compared to +4.2%

NOVT vs LGND - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NOVT(COMPANY)	LGND(COMPANY)
Market Cap	$5.53B	$5.51B
Max Drawdown	46.71%	95.01%
Sharpe Ratio	0.66	2.52
5Y Beta	1.60	0.98
Industry	Scientific & Technical Instruments	Biotechnology
P/E Ratio	103.23	35.18
Forward P/E	8.39	29.50
5Y EPS CAGR	3.84%	26.59%
Debt to Equity	18.41%	0.00%
Free Cash Flow Yield	1.24%	2.23%

Market Cap

Winner

NOVT

$5.53B

LGND

$5.51B

Max Drawdown

Winner

NOVT

46.71%

LGND

95.01%

Sharpe Ratio

NOVT

0.66

Winner

LGND

2.52

5Y Beta

NOVT

1.60

Winner

LGND

0.98

Industry

NOVT

Scientific & Technical Instruments

LGND

Biotechnology

P/E Ratio

NOVT

103.23

Winner

LGND

35.18

Forward P/E

Winner

NOVT

8.39

LGND

29.50

5Y EPS CAGR

NOVT

3.84%

Winner

LGND

26.59%

Debt to Equity

NOVT

18.41%

Winner

LGND

0.00%

Free Cash Flow Yield

NOVT

1.24%

Winner

LGND

2.23%

NOVT vs LGND - Historical Returns

Returns include dividend reinvestment.

Period	NOVT	LGND
1 month	+2.66%	+32.22%
3 months	+30.14%	+31.20%
6 months	+28.17%	+38.54%
1 year	+27.14%	+139.78%
5 years(CAGR)	+4.21%	+16.77%
10 years(CAGR)	+25.62%	+9.35%
Max(CAGR)	+26.58%	+15.44%

NOVT

+2.66%

Winner

LGND

+32.22%

NOVT

+30.14%

Winner

LGND

+31.20%

NOVT

+28.17%

Winner

LGND

+38.54%

NOVT

+27.14%

Winner

LGND

+139.78%

5Y(CAGR)

NOVT

+4.21%

Winner

LGND

+16.77%

10Y(CAGR)

Winner

NOVT

+25.62%

LGND

+9.35%

Max(CAGR)

Winner

NOVT

+26.58%

LGND

+15.44%

NOVT vs LGND - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NOVT	LGND
2026	+39.73%	+44.59%
2025	-21.16%	+74.39%
2024	-7.02%	+48.18%
2023	+24.91%	+8.16%
2022	-21.81%	-55.93%
2021	+49.84%	+52.82%
2020	+29.17%	-5.05%
2019	+38.01%	-23.88%
2018	+24.75%	-2.11%
2017	+132.02%	+33.59%
2016	+58.85%	-0.84%
2015	N/A	+101.79%
2014	N/A	+3.28%
2013	N/A	+153.86%
2012	N/A	+74.14%
2011	N/A	+32.04%
2010	N/A	+334.22%
2009	N/A	-19.63%
2008	N/A	-43.62%
2007	N/A	-41.09%
2006	N/A	-4.78%
2005	N/A	-0.45%
2004	N/A	-22.04%
2003	N/A	+168.56%
2002	N/A	-68.50%
2001	N/A	+30.18%
2000	N/A	+0.86%
1999	N/A	+52.61%

NOVT vs LGND 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 LGND was -93.36%, occurring on Nov 19, 2008. Recovery took 3033 trading sessions.

The current NOVT drawdown is -16.60%.

Rank	NOVT	LGND
#1	-46.71% Jul 16, 2024 - Nov 20, 2025	-93.36% Mar 6, 2000 - Mar 26, 2012
#2	-38.60% Nov 4, 2021 - Jun 29, 2023	-81.94% Sep 28, 2018 - Jun 18, 2026
#3	-34.98% Jul 17, 2023 - Jul 16, 2024	-46.77% Mar 18, 2014 - Apr 8, 2015
#4	-31.80% Feb 13, 2020 - May 20, 2020	-37.01% Mar 26, 2012 - Jul 26, 2012
#5	-27.81% Aug 27, 2018 - Feb 22, 2019	-34.19% Aug 1, 2016 - Oct 4, 2017
#6	-24.96% Jun 28, 2019 - Jan 13, 2020	-26.20% Aug 5, 2015 - Dec 16, 2015
#7	-19.00% Nov 21, 2017 - Jan 16, 2018	-23.30% Dec 17, 2015 - Apr 6, 2016
#8	-18.56% Jan 26, 2018 - Apr 17, 2018	-21.24% Oct 29, 2013 - Jan 10, 2014
#9	-16.09% Aug 6, 2020 - Oct 9, 2020	-21.19% Jul 31, 2012 - Nov 26, 2012
#10	-15.54% Feb 12, 2021 - Aug 11, 2021	-17.44% Mar 12, 2018 - May 15, 2018
#11	-11.81% Jun 5, 2020 - Aug 6, 2020	-17.40% Jul 22, 2013 - Oct 17, 2013
#12	-11.56% Apr 12, 2019 - Jun 18, 2019	-16.85% Dec 10, 1999 - Dec 29, 1999
#13	-11.54% Jun 14, 2018 - Jul 20, 2018	-16.72% Jan 24, 2000 - Feb 10, 2000
#14	-11.40% Jan 5, 2016 - Mar 4, 2016	-14.25% Apr 21, 2016 - Jul 20, 2016
#15	-11.16% Sep 24, 2021 - Oct 22, 2021	-14.12% Feb 18, 2000 - Mar 6, 2000