Pricing Log in Create free account

Novanta Inc. (NOVT) vs Trimble Inc. (TRMB)

Novanta Inc. and Trimble Inc. are both Scientific & Technical Instruments companies. Trimble Inc. is the larger, with a market value of $14.2B against $5.1B — 2.8× the size. Trimble Inc. has negative trailing earnings, so its P/E is not meaningful; Novanta Inc. trades at 81.0×. Novanta Inc. grew revenue faster over the last twelve months: 7.61% against 5.80%. Novanta Inc. has the higher net margin (6.00% vs −2.77%) and the lower return on invested capital (5.12% vs 6.32%). Across the 21 metrics below, Novanta Inc. leads on 11 and Trimble Inc. on 10.

Valuation

Metric NOVT TRMB Scientific & Technical Instruments median
P/E 81.00 n/m 33.25
P/S 5.13 3.66 4.50
P/B 3.27 2.71 2.90
Price to free cash flow 48.42 18.12 24.81
EV/EBITDA 31.15 17.88 17.92
EV/Sales 4.65 3.99 4.71
Earnings yield 1.23% (0.79%) 0.60%
Free cash flow yield 2.07% 5.52% 1.27%

Profitability

Metric NOVT TRMB Scientific & Technical Instruments median
Gross margin 44.54% 69.80% 45.75%
Operating margin 8.96% 16.99% 7.34%
Net margin 6.00% (2.77%) 1.56%
Free cash flow margin 10.59% 20.44% 5.84%
Return on equity 5.11% (1.94%) 2.87%
Return on assets 3.38% (1.19%) 0.99%
Return on invested capital 5.12% 6.32% 3.88%

Growth

Metric NOVT TRMB Scientific & Technical Instruments median
Revenue growth (TTM) 7.61% 5.80% 11.15%
EPS growth (last fiscal year) (16.95%) (71.10%) 11.47%
Revenue growth, 5-year CAGR 10.67% 2.65% 7.89%
Net income growth, 5-year CAGR 3.87% 1.69% 0.00%

Health

Metric NOVT TRMB Scientific & Technical Instruments median
Debt to equity 0.14 0.29 0.00
Current ratio 4.57 0.95 2.24
Net debt to EBITDA (0.83) 1.44 0.44

Dividend

Metric NOVT TRMB Scientific & Technical Instruments median
Dividend yield — — 0.58%
Payout ratio — — 0.36

Size

Metric NOVT TRMB Scientific & Technical Instruments median
Market cap 5.10b 14.22b 444.25m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack