KEYS vs. NOVT: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at KEYS and NOVT, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | KEYS | NOVT |
|---|---|---|
| Company Name | Keysight Technologies, Inc. | Novanta Inc. |
| Country | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry | Electronic Equipment, Instruments & Components | Electronic Equipment, Instruments & Components |
| Market Capitalization | 29.79 billion USD | 3.75 billion USD |
| Exchange | NYSE | NasdaqGS |
| Listing Date | October 20, 2014 | March 24, 1999 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of KEYS and NOVT by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | KEYS | NOVT |
|---|---|---|
| 5-Day Price Return | -0.90% | 4.16% |
| 13-Week Price Return | 6.70% | -19.01% |
| 26-Week Price Return | 15.53% | -18.18% |
| 52-Week Price Return | 12.14% | -39.29% |
| Month-to-Date Return | -0.90% | 4.16% |
| Year-to-Date Return | 7.91% | -31.71% |
| 10-Day Avg. Volume | 0.99M | 0.45M |
| 3-Month Avg. Volume | 0.92M | 0.32M |
| 3-Month Volatility | 22.87% | 40.38% |
| Beta | 1.20 | 1.58 |
Profitability
Return on Equity (TTM)
KEYS
10.15%
Electronic Equipment, Instruments & Components Industry
- Max
- 21.57%
- Q3
- 13.27%
- Median
- 8.55%
- Q1
- 4.42%
- Min
- -4.21%
KEYS’s Return on Equity of 10.15% is on par with the norm for the Electronic Equipment, Instruments & Components industry, indicating its profitability relative to shareholder equity is typical for the sector.
NOVT
8.02%
Electronic Equipment, Instruments & Components Industry
- Max
- 21.57%
- Q3
- 13.27%
- Median
- 8.55%
- Q1
- 4.42%
- Min
- -4.21%
NOVT’s Return on Equity of 8.02% is on par with the norm for the Electronic Equipment, Instruments & Components industry, indicating its profitability relative to shareholder equity is typical for the sector.
Net Profit Margin (TTM)
KEYS
10.38%
Electronic Equipment, Instruments & Components Industry
- Max
- 17.31%
- Q3
- 10.85%
- Median
- 7.26%
- Q1
- 3.13%
- Min
- -3.00%
KEYS’s Net Profit Margin of 10.38% is aligned with the median group of its peers in the Electronic Equipment, Instruments & Components industry. This indicates its ability to convert revenue into profit is typical for the sector.
NOVT
6.41%
Electronic Equipment, Instruments & Components Industry
- Max
- 17.31%
- Q3
- 10.85%
- Median
- 7.26%
- Q1
- 3.13%
- Min
- -3.00%
NOVT’s Net Profit Margin of 6.41% is aligned with the median group of its peers in the Electronic Equipment, Instruments & Components industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin (TTM)
KEYS
16.96%
Electronic Equipment, Instruments & Components Industry
- Max
- 30.04%
- Q3
- 15.08%
- Median
- 9.55%
- Q1
- 4.27%
- Min
- -3.83%
An Operating Profit Margin of 16.96% places KEYS in the upper quartile for the Electronic Equipment, Instruments & Components industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
NOVT
11.14%
Electronic Equipment, Instruments & Components Industry
- Max
- 30.04%
- Q3
- 15.08%
- Median
- 9.55%
- Q1
- 4.27%
- Min
- -3.83%
NOVT’s Operating Profit Margin of 11.14% is around the midpoint for the Electronic Equipment, Instruments & Components industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | KEYS | NOVT |
|---|---|---|
| Return on Equity (TTM) | 10.15% | 8.02% |
| Return on Assets (TTM) | 5.46% | 4.30% |
| Net Profit Margin (TTM) | 10.38% | 6.41% |
| Operating Profit Margin (TTM) | 16.96% | 11.14% |
| Gross Profit Margin (TTM) | 62.37% | 44.79% |
Financial Strength
Current Ratio (MRQ)
KEYS
3.59
Electronic Equipment, Instruments & Components Industry
- Max
- 4.57
- Q3
- 2.85
- Median
- 2.03
- Q1
- 1.51
- Min
- 0.62
KEYS’s Current Ratio of 3.59 is in the upper quartile for the Electronic Equipment, Instruments & Components industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
NOVT
2.54
Electronic Equipment, Instruments & Components Industry
- Max
- 4.57
- Q3
- 2.85
- Median
- 2.03
- Q1
- 1.51
- Min
- 0.62
NOVT’s Current Ratio of 2.54 aligns with the median group of the Electronic Equipment, Instruments & Components industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio (MRQ)
KEYS
0.45
Electronic Equipment, Instruments & Components Industry
- Max
- 1.14
- Q3
- 0.54
- Median
- 0.30
- Q1
- 0.11
- Min
- 0.00
KEYS’s Debt-to-Equity Ratio of 0.45 is typical for the Electronic Equipment, Instruments & Components industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
NOVT
0.58
Electronic Equipment, Instruments & Components Industry
- Max
- 1.14
- Q3
- 0.54
- Median
- 0.30
- Q1
- 0.11
- Min
- 0.00
NOVT’s leverage is in the upper quartile of the Electronic Equipment, Instruments & Components industry, with a Debt-to-Equity Ratio of 0.58. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.
Interest Coverage Ratio (TTM)
KEYS
55.28
Electronic Equipment, Instruments & Components Industry
- Max
- 79.05
- Q3
- 36.62
- Median
- 12.51
- Q1
- 3.72
- Min
- -18.73
KEYS’s Interest Coverage Ratio of 55.28 is in the upper quartile for the Electronic Equipment, Instruments & Components industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
NOVT
3.54
Electronic Equipment, Instruments & Components Industry
- Max
- 79.05
- Q3
- 36.62
- Median
- 12.51
- Q1
- 3.72
- Min
- -18.73
In the lower quartile for the Electronic Equipment, Instruments & Components industry, NOVT’s Interest Coverage Ratio of 3.54 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.
Financial Strength at a Glance
| Symbol | KEYS | NOVT |
|---|---|---|
| Current Ratio (MRQ) | 3.59 | 2.54 |
| Quick Ratio (MRQ) | 2.74 | 1.49 |
| Debt-to-Equity Ratio (MRQ) | 0.45 | 0.58 |
| Interest Coverage Ratio (TTM) | 55.28 | 3.54 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
KEYS
0.00%
Electronic Equipment, Instruments & Components Industry
- Max
- 5.36%
- Q3
- 2.53%
- Median
- 1.28%
- Q1
- 0.16%
- Min
- 0.00%
KEYS currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
NOVT
0.00%
Electronic Equipment, Instruments & Components Industry
- Max
- 5.36%
- Q3
- 2.53%
- Median
- 1.28%
- Q1
- 0.16%
- Min
- 0.00%
NOVT currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio (TTM)
KEYS
0.00%
Electronic Equipment, Instruments & Components Industry
- Max
- 218.94%
- Q3
- 90.25%
- Median
- 38.81%
- Q1
- 3.69%
- Min
- 0.00%
KEYS has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
NOVT
0.00%
Electronic Equipment, Instruments & Components Industry
- Max
- 218.94%
- Q3
- 90.25%
- Median
- 38.81%
- Q1
- 3.69%
- Min
- 0.00%
NOVT has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | KEYS | NOVT |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
Price-to-Earnings Ratio (TTM)
KEYS
54.76
Electronic Equipment, Instruments & Components Industry
- Max
- 74.74
- Q3
- 42.40
- Median
- 26.55
- Q1
- 20.05
- Min
- 10.12
A P/E Ratio of 54.76 places KEYS in the upper quartile for the Electronic Equipment, Instruments & Components industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
NOVT
60.52
Electronic Equipment, Instruments & Components Industry
- Max
- 74.74
- Q3
- 42.40
- Median
- 26.55
- Q1
- 20.05
- Min
- 10.12
A P/E Ratio of 60.52 places NOVT in the upper quartile for the Electronic Equipment, Instruments & Components industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
Price-to-Sales Ratio (TTM)
KEYS
5.68
Electronic Equipment, Instruments & Components Industry
- Max
- 6.79
- Q3
- 3.58
- Median
- 2.05
- Q1
- 1.29
- Min
- 0.20
KEYS’s P/S Ratio of 5.68 is in the upper echelon for the Electronic Equipment, Instruments & Components industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
NOVT
3.88
Electronic Equipment, Instruments & Components Industry
- Max
- 6.79
- Q3
- 3.58
- Median
- 2.05
- Q1
- 1.29
- Min
- 0.20
NOVT’s P/S Ratio of 3.88 is in the upper echelon for the Electronic Equipment, Instruments & Components industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio (MRQ)
KEYS
4.97
Electronic Equipment, Instruments & Components Industry
- Max
- 6.92
- Q3
- 3.80
- Median
- 2.23
- Q1
- 1.42
- Min
- 0.44
KEYS’s P/B Ratio of 4.97 is in the upper tier for the Electronic Equipment, Instruments & Components industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
NOVT
5.83
Electronic Equipment, Instruments & Components Industry
- Max
- 6.92
- Q3
- 3.80
- Median
- 2.23
- Q1
- 1.42
- Min
- 0.44
NOVT’s P/B Ratio of 5.83 is in the upper tier for the Electronic Equipment, Instruments & Components industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
Valuation at a Glance
| Symbol | KEYS | NOVT |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 54.76 | 60.52 |
| Price-to-Sales Ratio (TTM) | 5.68 | 3.88 |
| Price-to-Book Ratio (MRQ) | 4.97 | 5.83 |
| Price-to-Free Cash Flow Ratio (TTM) | 21.05 | 31.51 |