StockComparison Logo
vs

PLUG vs NOVT

Comparison between Plug Power Inc (PLUG, Company) and Novanta Inc (NOVT, Company).

PLUG is from the Industrials sector, while NOVT is from the Technology sector.

5-Year PerformanceNOVT has outperformed PLUG, delivering a return of +2.3% compared to -36.3%

PLUG vs NOVT - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
Winner
PLUG
$5.75B
NOVT
$5.75B
Max Drawdown
PLUG
99.99%
Winner
NOVT
46.71%
Sharpe Ratio
Winner
PLUG
1.61
NOVT
0.60
5Y Beta
PLUG
1.74
Winner
NOVT
1.60
Industry
PLUG
Electrical Equipment & Parts
NOVT
Scientific & Technical Instruments
P/E Ratio
Winner
PLUG
-4.61
NOVT
107.35
Forward P/E
PLUG
13.11
Winner
NOVT
8.39
PEG Ratio
Winner
PLUG
0.84
NOVT
2.11
5Y EPS CAGR
Winner
PLUG
20.37%
NOVT
3.84%
Debt to Equity
Winner
PLUG
0.00%
NOVT
18.41%
Free Cash Flow Yield
PLUG
-11.36%
Winner
NOVT
1.19%
P/S Ratio
PLUG
7.81
Winner
NOVT
5.57
P/B Ratio
PLUG
7.70
Winner
NOVT
4.39

PLUG vs NOVT - Historical Returns

Returns include dividend reinvestment.

1M
PLUG
-3.16%
Winner
NOVT
+18.14%
3M
Winner
PLUG
+40.39%
NOVT
+14.42%
6M
Winner
PLUG
+46.14%
NOVT
+34.80%
1Y
Winner
PLUG
+268.90%
NOVT
+23.72%
5Y(CAGR)
PLUG
-36.26%
Winner
NOVT
+2.33%
10Y(CAGR)
PLUG
+5.13%
Winner
NOVT
+25.61%
Max(CAGR)
PLUG
-13.66%
Winner
NOVT
+26.76%

PLUG vs NOVT - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearPLUGNOVT
2026+44.17%+40.62%
2025-15.45%-21.16%
2024-53.59%-7.02%
2023-63.05%+24.91%
2022-57.03%-21.81%
2021-12.25%+49.84%
2020+946.60%+29.17%
2019+137.59%+38.01%
2018-48.76%+24.75%
2017+95.04%+132.02%
2016-42.86%+58.85%
2015-29.19%N/A
2014+28.76%N/A
2013+210.00%N/A
2012-75.00%N/A
2011-47.69%N/A
2010-47.00%N/A
2009-31.73%N/A
2008-74.75%N/A
2007+1.80%N/A
2006-26.33%N/A
2005-13.78%N/A
2004-18.32%N/A
2003+53.28%N/A
2002-47.79%N/A
2001-44.96%N/A
2000-45.59%N/A
1999+76.56%N/A

PLUG vs NOVT Drawdown Comparison

The maximum drawdown for PLUG was -99.99%, occurring on Feb 26, 2013. This drawdown has not yet recovered.

The maximum drawdown for NOVT was -46.71%, occurring on Nov 20, 2025. This drawdown has not yet recovered.

The current PLUG drawdown is -99.79%. The current NOVT drawdown is -16.06%.

RankPLUGNOVT
#1-99.99%
Mar 10, 2000 - Feb 26, 2013
-46.71%
Jul 16, 2024 - Nov 20, 2025
#2-38.83%
Jan 24, 2000 - Mar 10, 2000
-38.60%
Nov 4, 2021 - Jun 29, 2023
#3-35.84%
Jan 7, 2000 - Jan 20, 2000
-34.98%
Jul 17, 2023 - Jul 16, 2024
#4-25.95%
Dec 13, 1999 - Jan 6, 2000
-31.80%
Feb 13, 2020 - May 20, 2020
#5-12.43%
Nov 4, 1999 - Dec 1, 1999
-27.81%
Aug 27, 2018 - Feb 22, 2019
#6-4.58%
Dec 8, 1999 - Dec 10, 1999
-24.96%
Jun 28, 2019 - Jan 13, 2020
#7N/A-19.00%
Nov 21, 2017 - Jan 16, 2018
#8N/A-18.56%
Jan 26, 2018 - Apr 17, 2018
#9N/A-16.09%
Aug 6, 2020 - Oct 9, 2020
#10N/A-15.54%
Feb 12, 2021 - Aug 11, 2021
#11N/A-11.81%
Jun 5, 2020 - Aug 6, 2020
#12N/A-11.56%
Apr 12, 2019 - Jun 18, 2019
#13N/A-11.54%
Jun 14, 2018 - Jul 20, 2018
#14N/A-11.40%
Jan 5, 2016 - Mar 4, 2016
#15N/A-11.16%
Sep 24, 2021 - Oct 22, 2021

Correlation

Correlation between PLUG and NOVT is 0.40 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.40
-101

Select Stocks to Compare