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 $13.5B against $5.4B — 2.5× the size. Trimble Inc. has negative trailing earnings, so its P/E is not meaningful; Novanta Inc. trades at 90.6×. 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
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
Health
Dividend
Size
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