Both in General Industrial Machinery

ESAB vs Nordson

Over the past year ESAB returned −31.0% and NDSN returned +43.0%; their daily moves had a correlation of 0.58.

ESAB −31.0% NDSN +43.0%Growth of $1, one year, split-adjusted
MetricESABNDSN
Price$79.34$328.46
Market cap$4.93B$18.30B
Today+4.33%−0.79%
1 month+10.5%−1.7%
6 months−21.9%+14.5%
Year to date−29.0%+36.6%
1 year−31.0%+43.0%
Revenue growth (YoY)+12.9%+10.3%
Gross margin38.0%55.5%
Net margin3.8%18.7%
P/E (TTM)29.0×33.0×
Price / sales1.6×6.1×
Net cash-$2.18B-$1.64B
Dividend yield0.60%1.14%
Volatility (60d)47.7%24.4%
Short % of float8.1%2.6%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).