Badger Meter, Inc. (BMI) vs Novanta Inc. (NOVT)
Badger Meter, Inc. and Novanta Inc. are both Scientific & Technical Instruments companies. Novanta Inc. is the larger, with a market value of $5.4B against $3.8B — 1.4× the size. Badger Meter, Inc. trades at the lower P/E: 30.2× against 90.6×. Novanta Inc. grew revenue faster over the last twelve months: 7.61% against 0.80%. Badger Meter, Inc. has the higher net margin (14.3% vs 6.00%) and the higher return on invested capital (17.4% vs 5.12%). Across the 22 metrics below, Badger Meter, Inc. leads on 18 and Novanta Inc. on 4.
Valuation
Profitability
| Metric | BMI | NOVT | Scientific & Technical Instruments median |
|---|---|---|---|
| Gross margin | 41.31% | 44.54% | 45.75% |
| Operating margin | 18.58% | 8.96% | 7.34% |
| Net margin | 14.27% | 6.00% | 1.56% |
| Free cash flow margin | 17.06% | 10.59% | 5.84% |
| Return on equity | 18.48% | 5.11% | 2.87% |
| Return on assets | 13.00% | 3.38% | 0.99% |
| Return on invested capital | 17.42% | 5.12% | 3.88% |
Growth
Health
Dividend
Size
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