NOVT vs PRM

Comparison between Novanta Inc (NOVT, Company) and Perimeter Solutions Inc (PRM, Company).

NOVT is from the Technology sector, while PRM is from the Basic Materials sector.

5-Year PerformancePRM has outperformed NOVT, delivering a return of +25.7% compared to +1.6%

NOVT vs PRM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NOVT(COMPANY)	PRM(COMPANY)
Market Cap	$5.54B	$5.53B
Max Drawdown	46.71%	79.51%
Sharpe Ratio	0.41	2.35
5Y Beta	1.59	1.07
Industry	Scientific & Technical Instruments	Specialty Chemicals
P/E Ratio	103.32	-25.60
Forward P/E	8.39	15.97
PEG Ratio	2.11	N/A
5Y EPS CAGR	3.84%	N/A
Debt to Equity	18.41%	100.40%
Free Cash Flow Yield	1.24%	1.71%
P/S Ratio	5.49	7.96
P/B Ratio	3.75	4.30

Market Cap

Winner

NOVT

$5.54B

PRM

$5.53B

Max Drawdown

Winner

NOVT

46.71%

PRM

79.51%

Sharpe Ratio

NOVT

0.41

Winner

PRM

2.35

5Y Beta

NOVT

1.59

Winner

PRM

1.07

Industry

NOVT

Scientific & Technical Instruments

PRM

Specialty Chemicals

P/E Ratio

NOVT

103.32

Winner

PRM

-25.60

Forward P/E

Winner

NOVT

8.39

PRM

15.97

PEG Ratio

NOVT

2.11

PRM

N/A

5Y EPS CAGR

NOVT

3.84%

PRM

N/A

Debt to Equity

Winner

NOVT

18.41%

PRM

100.40%

Free Cash Flow Yield

NOVT

1.24%

Winner

PRM

1.71%

P/S Ratio

Winner

NOVT

5.49

PRM

7.96

P/B Ratio

Winner

NOVT

3.75

PRM

4.30

NOVT vs PRM - Historical Returns

Returns include dividend reinvestment.

Period	NOVT	PRM
1 month	+11.55%	+15.83%
3 months	+1.81%	+25.15%
6 months	+46.60%	+29.52%
1 year	+14.15%	+185.45%
5 years(CAGR)	+1.56%	+25.68%
10 years(CAGR)	+25.96%	N/A
Max(CAGR)	+26.19%	+25.68%

NOVT

+11.55%

Winner

PRM

+15.83%

NOVT

+1.81%

Winner

PRM

+25.15%

Winner

NOVT

+46.60%

PRM

+29.52%

NOVT

+14.15%

Winner

PRM

+185.45%

5Y(CAGR)

NOVT

+1.56%

Winner

PRM

+25.68%

10Y(CAGR)

NOVT

+25.96%

PRM

N/A

Max(CAGR)

Winner

NOVT

+26.19%

PRM

+25.68%

NOVT vs PRM - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	NOVT	PRM
2026	+32.76%	+22.65%
2025	-21.16%	+116.94%
2024	-7.02%	+178.43%
2023	+24.91%	-49.45%
2022	-21.81%	-34.71%
2021	+49.84%	+15.75%
2020	+29.17%	N/A
2019	+38.01%	N/A
2018	+24.75%	N/A
2017	+132.02%	N/A
2016	+58.85%	N/A

NOVT vs PRM 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 PRM was -79.51%, occurring on Nov 1, 2023. Recovery took 875 trading sessions.

The current NOVT drawdown is -20.75%. The current PRM drawdown is -0.76%.

Rank	NOVT	PRM
#1	-46.71% Jul 16, 2024 - Nov 20, 2025	-79.51% Jan 4, 2022 - Jul 2, 2025
#2	-38.60% Nov 4, 2021 - Jun 29, 2023	-30.20% Jan 9, 2026 - Apr 22, 2026
#3	-34.98% Jul 17, 2023 - Jul 16, 2024	-18.53% Nov 12, 2021 - Jan 4, 2022
#4	-31.80% Feb 13, 2020 - May 20, 2020	-13.12% Apr 27, 2026 - May 8, 2026
#5	-27.81% Aug 27, 2018 - Feb 22, 2019	-9.18% Jul 21, 2025 - Aug 8, 2025
#6	-24.96% Jun 28, 2019 - Jan 13, 2020	-9.05% Oct 30, 2025 - Nov 12, 2025
#7	-19.00% Nov 21, 2017 - Jan 16, 2018	-8.57% Sep 8, 2025 - Oct 30, 2025
#8	-18.56% Jan 26, 2018 - Apr 17, 2018	-4.81% Dec 9, 2025 - Jan 8, 2026
#9	-16.09% Aug 6, 2020 - Oct 9, 2020	-3.83% Nov 12, 2025 - Nov 21, 2025
#10	-15.54% Feb 12, 2021 - Aug 11, 2021	-2.46% Jul 14, 2025 - Jul 17, 2025
#11	-11.81% Jun 5, 2020 - Aug 6, 2020	-2.26% May 14, 2026 - May 15, 2026
#12	-11.56% Apr 12, 2019 - Jun 18, 2019	-2.26% Sep 2, 2025 - Sep 8, 2025
#13	-11.54% Jun 14, 2018 - Jul 20, 2018	-1.43% Nov 28, 2025 - Dec 4, 2025
#14	-11.40% Jan 5, 2016 - Mar 4, 2016	-1.29% Dec 5, 2025 - Dec 9, 2025
#15	-11.16% Sep 24, 2021 - Oct 22, 2021	-1.23% Aug 18, 2025 - Aug 21, 2025

Correlation

Correlation between NOVT and PRM is -0.48 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.48

-101