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NOVT vs LYFT

Comparison between Novanta Inc (NOVT, Company) and Lyft Inc Cls A (LYFT, Company).

Both NOVT and LYFT are from the Technology sector.

5-Year PerformanceNOVT has outperformed LYFT, delivering a return of +1.3% compared to -23.5%

NOVT vs LYFT - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
NOVT
$5.83B
Winner
LYFT
$5.86B
Max Drawdown
Winner
NOVT
46.71%
LYFT
89.79%
Sharpe Ratio
Winner
NOVT
0.61
LYFT
0.14
5Y Beta
NOVT
1.60
Winner
LYFT
1.45
Industry
NOVT
Scientific & Technical Instruments
LYFT
Software - Application
P/E Ratio
NOVT
108.81
Winner
LYFT
58.76
Forward P/E
Winner
NOVT
8.39
LYFT
12.77
PEG Ratio
NOVT
2.11
Winner
LYFT
0.15
5Y EPS CAGR
NOVT
3.84%
LYFT
N/A
Debt to Equity
Winner
NOVT
18.41%
LYFT
34.46%
Free Cash Flow Yield
NOVT
1.18%
Winner
LYFT
20.29%
P/S Ratio
NOVT
5.80
Winner
LYFT
0.86
P/B Ratio
NOVT
4.45
Winner
LYFT
1.86

NOVT vs LYFT - Historical Returns

Returns include dividend reinvestment.

1M
NOVT
-10.03%
Winner
LYFT
+10.13%
3M
Winner
NOVT
+28.25%
LYFT
+12.13%
6M
Winner
NOVT
+18.97%
LYFT
-21.38%
1Y
Winner
NOVT
+14.79%
LYFT
-3.92%
5Y(CAGR)
Winner
NOVT
+1.30%
LYFT
-23.46%
10Y(CAGR)
NOVT
+25.61%
LYFT
N/A
Max(CAGR)
Winner
NOVT
+25.84%
LYFT
-20.00%

NOVT vs LYFT - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

YearNOVTLYFT
2026+33.03%-21.98%
2025-21.16%+41.90%
2024-7.02%-6.52%
2023+24.91%+34.80%
2022-21.81%-75.29%
2021+49.84%-9.62%
2020+29.17%+12.74%
2019+38.01%-45.05%
2018+24.75%N/A
2017+132.02%N/A
2016+58.85%N/A

NOVT vs LYFT 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 LYFT was -89.79%, occurring on May 24, 2023. This drawdown has not yet recovered.

The current NOVT drawdown is -20.60%. The current LYFT drawdown is -80.28%.

RankNOVTLYFT
#1-46.71%
Jul 16, 2024 - Nov 20, 2025		-89.79%
Mar 29, 2019 - May 24, 2023
#2-38.60%
Nov 4, 2021 - Jun 29, 2023		N/A
#3-34.98%
Jul 17, 2023 - Jul 16, 2024		N/A
#4-31.80%
Feb 13, 2020 - May 20, 2020		N/A
#5-27.81%
Aug 27, 2018 - Feb 22, 2019		N/A
#6-24.96%
Jun 28, 2019 - Jan 13, 2020		N/A
#7-19.00%
Nov 21, 2017 - Jan 16, 2018		N/A
#8-18.56%
Jan 26, 2018 - Apr 17, 2018		N/A
#9-16.09%
Aug 6, 2020 - Oct 9, 2020		N/A
#10-15.54%
Feb 12, 2021 - Aug 11, 2021		N/A
#11-11.81%
Jun 5, 2020 - Aug 6, 2020		N/A
#12-11.56%
Apr 12, 2019 - Jun 18, 2019		N/A
#13-11.54%
Jun 14, 2018 - Jul 20, 2018		N/A
#14-11.40%
Jan 5, 2016 - Mar 4, 2016		N/A
#15-11.16%
Sep 24, 2021 - Oct 22, 2021		N/A

Correlation

Correlation between NOVT and LYFT is -0.50 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.50
-101

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