RELY vs NOVT

Comparison between Remitly Global Inc (RELY, Company) and Novanta Inc (NOVT, Company).

Both RELY and NOVT are from the Technology sector.

5-Year PerformanceNOVT has outperformed RELY, delivering a return of +1.6% compared to -13.7%

RELY vs NOVT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RELY(COMPANY)	NOVT(COMPANY)
Market Cap	$5.25B	$5.23B
Max Drawdown	85.80%	46.71%
Sharpe Ratio	0.82	0.52
5Y Beta	0.95	1.61
Industry	Software - Infrastructure	Scientific & Technical Instruments
P/E Ratio	49.64	97.60
Forward P/E	N/A	8.39
PEG Ratio	N/A	2.11
5Y EPS CAGR	N/A	3.84%
Debt to Equity	0.31%	18.41%
Free Cash Flow Yield	4.68%	1.31%
P/S Ratio	3.06	5.20
P/B Ratio	5.46	3.98

Market Cap

Winner

RELY

$5.25B

NOVT

$5.23B

Max Drawdown

RELY

85.80%

Winner

NOVT

46.71%

Sharpe Ratio

Winner

RELY

0.82

NOVT

0.52

5Y Beta

Winner

RELY

0.95

NOVT

1.61

Industry

RELY

Software - Infrastructure

NOVT

Scientific & Technical Instruments

P/E Ratio

Winner

RELY

49.64

NOVT

97.60

Forward P/E

RELY

N/A

NOVT

8.39

PEG Ratio

RELY

N/A

NOVT

2.11

5Y EPS CAGR

RELY

N/A

NOVT

3.84%

Debt to Equity

Winner

RELY

0.31%

NOVT

18.41%

Free Cash Flow Yield

Winner

RELY

4.68%

NOVT

1.31%

P/S Ratio

Winner

RELY

3.06

NOVT

5.20

P/B Ratio

RELY

5.46

Winner

NOVT

3.98

RELY vs NOVT - Historical Returns

Returns include dividend reinvestment.

Period	RELY	NOVT
1 month	+15.34%	-6.30%
3 months	+14.57%	+10.16%
6 months	+68.41%	+3.62%
1 year	+37.98%	+18.91%
5 years(CAGR)	-13.68%	+1.62%
10 years(CAGR)	N/A	+24.91%
Max(CAGR)	-13.68%	+25.57%

Winner

RELY

+15.34%

NOVT

-6.30%

Winner

RELY

+14.57%

NOVT

+10.16%

Winner

RELY

+68.41%

NOVT

+3.62%

Winner

RELY

+37.98%

NOVT

+18.91%

5Y(CAGR)

RELY

-13.68%

Winner

NOVT

+1.62%

10Y(CAGR)

RELY

N/A

NOVT

+24.91%

Max(CAGR)

RELY

-13.68%

Winner

NOVT

+25.57%

RELY vs NOVT - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	RELY	NOVT
2026	+80.26%	+31.23%
2025	-38.39%	-21.16%
2024	+18.79%	-7.02%
2023	+72.32%	+24.91%
2022	-43.03%	-21.81%
2021	-57.44%	+49.84%
2020	N/A	+29.17%
2019	N/A	+38.01%
2018	N/A	+24.75%
2017	N/A	+132.02%
2016	N/A	+58.85%

RELY vs NOVT Drawdown Comparison

The maximum drawdown for RELY was -85.80%, occurring on May 11, 2022. 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 RELY drawdown is -50.82%. The current NOVT drawdown is -21.67%.

Rank	RELY	NOVT
#1	-85.80% Sep 23, 2021 - May 11, 2022	-46.71% Jul 16, 2024 - Nov 20, 2025
#2	N/A	-38.60% Nov 4, 2021 - Jun 29, 2023
#3	N/A	-34.98% Jul 17, 2023 - Jul 16, 2024
#4	N/A	-31.80% Feb 13, 2020 - May 20, 2020
#5	N/A	-27.81% Aug 27, 2018 - Feb 22, 2019
#6	N/A	-24.96% Jun 28, 2019 - Jan 13, 2020
#7	N/A	-19.00% Nov 21, 2017 - Jan 16, 2018
#8	N/A	-18.56% Jan 26, 2018 - Apr 17, 2018
#9	N/A	-16.09% Aug 6, 2020 - Oct 9, 2020
#10	N/A	-15.54% Feb 12, 2021 - Aug 11, 2021
#11	N/A	-11.81% Jun 5, 2020 - Aug 6, 2020
#12	N/A	-11.56% Apr 12, 2019 - Jun 18, 2019
#13	N/A	-11.54% Jun 14, 2018 - Jul 20, 2018
#14	N/A	-11.40% Jan 5, 2016 - Mar 4, 2016
#15	N/A	-11.16% Sep 24, 2021 - Oct 22, 2021