NOVT vs LQDA

Comparison between Novanta Inc (NOVT, Company) and Liquidia Corp (LQDA, Company).

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

5-Year PerformanceLQDA has outperformed NOVT, delivering a return of +85.7% compared to +2.1%

NOVT vs LQDA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NOVT(COMPANY)	LQDA(COMPANY)
Market Cap	$5.47B	$5.45B
Max Drawdown	46.71%	93.87%
Sharpe Ratio	0.53	2.16
5Y Beta	1.60	1.12
Industry	Scientific & Technical Instruments	Drug Manufacturers - Specialty & Generic
P/E Ratio	102.10	256.78
Forward P/E	8.39	27.47
5Y EPS CAGR	3.84%	N/A
Debt to Equity	18.41%	0.00%
Free Cash Flow Yield	1.25%	0.75%

Market Cap

Winner

NOVT

$5.47B

LQDA

$5.45B

Max Drawdown

Winner

NOVT

46.71%

LQDA

93.87%

Sharpe Ratio

NOVT

0.53

Winner

LQDA

2.16

5Y Beta

NOVT

1.60

Winner

LQDA

1.12

Industry

NOVT

Scientific & Technical Instruments

LQDA

Drug Manufacturers - Specialty & Generic

P/E Ratio

Winner

NOVT

102.10

LQDA

256.78

Forward P/E

Winner

NOVT

8.39

LQDA

27.47

5Y EPS CAGR

NOVT

3.84%

LQDA

N/A

Debt to Equity

NOVT

18.41%

Winner

LQDA

0.00%

Free Cash Flow Yield

Winner

NOVT

1.25%

LQDA

0.75%

NOVT vs LQDA - Historical Returns

Returns include dividend reinvestment.

Period	NOVT	LQDA
1 month	+16.12%	+64.02%
3 months	+5.23%	+83.89%
6 months	+54.81%	+116.28%
1 year	+19.71%	+262.93%
5 years(CAGR)	+2.12%	+85.68%
10 years(CAGR)	+26.18%	N/A
Max(CAGR)	+26.67%	+24.56%

NOVT

+16.12%

Winner

LQDA

+64.02%

NOVT

+5.23%

Winner

LQDA

+83.89%

NOVT

+54.81%

Winner

LQDA

+116.28%

NOVT

+19.71%

Winner

LQDA

+262.93%

5Y(CAGR)

NOVT

+2.12%

Winner

LQDA

+85.68%

10Y(CAGR)

NOVT

+26.18%

LQDA

N/A

Max(CAGR)

Winner

NOVT

+26.67%

LQDA

+24.56%

NOVT vs LQDA - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	NOVT	LQDA
2026	+38.20%	+96.72%
2025	-21.16%	+185.04%
2024	-7.02%	+1.99%
2023	+24.91%	+97.54%
2022	-21.81%	+23.93%
2021	+49.84%	+62.33%
2020	+29.17%	-32.95%
2019	+38.01%	-78.84%
2018	+24.75%	+95.14%
2017	+132.02%	N/A
2016	+58.85%	N/A

NOVT vs LQDA 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 LQDA was -93.87%, occurring on Aug 4, 2021. Recovery took 1824 trading sessions.

The current NOVT drawdown is -17.51%.

Rank	NOVT	LQDA
#1	-46.71% Jul 16, 2024 - Nov 20, 2025	-93.87% Oct 9, 2018 - Jan 13, 2026
#2	-38.60% Nov 4, 2021 - Jun 29, 2023	-35.66% Feb 3, 2026 - May 11, 2026
#3	-34.98% Jul 17, 2023 - Jul 16, 2024	-8.70% Oct 3, 2018 - Oct 9, 2018
#4	-31.80% Feb 13, 2020 - May 20, 2020	-8.64% Aug 22, 2018 - Sep 4, 2018
#5	-27.81% Aug 27, 2018 - Feb 22, 2019	-8.03% Sep 27, 2018 - Oct 2, 2018
#6	-24.96% Jun 28, 2019 - Jan 13, 2020	-6.18% Sep 11, 2018 - Sep 21, 2018
#7	-19.00% Nov 21, 2017 - Jan 16, 2018	-5.60% Aug 14, 2018 - Aug 17, 2018
#8	-18.56% Jan 26, 2018 - Apr 17, 2018	-5.15% Jan 14, 2026 - Jan 22, 2026
#9	-16.09% Aug 6, 2020 - Oct 9, 2020	-4.32% Sep 5, 2018 - Sep 10, 2018
#10	-15.54% Feb 12, 2021 - Aug 11, 2021	-4.00% May 14, 2026 - May 19, 2026
#11	-11.81% Jun 5, 2020 - Aug 6, 2020	-1.90% Aug 6, 2018 - Aug 8, 2018
#12	-11.56% Apr 12, 2019 - Jun 18, 2019	-1.56% Jan 29, 2026 - Feb 2, 2026
#13	-11.54% Jun 14, 2018 - Jul 20, 2018	-1.33% Jan 27, 2026 - Jan 29, 2026
#14	-11.40% Jan 5, 2016 - Mar 4, 2016	-1.26% Jul 26, 2018 - Aug 6, 2018
#15	-11.16% Sep 24, 2021 - Oct 22, 2021	-1.17% Jan 22, 2026 - Jan 26, 2026