Cross-industry comparison
Novanta Inc. Tangible Equity Units vs State Street SPDR S&P 500 ETF Trust
Over the past year NOVTU returned +16.3% and SPY returned +12.0%; their daily moves had a correlation of 0.50.
NOVTU +16.3% SPY +12.0%Growth of $1, one year, split-adjusted
| Metric | NOVTU | SPY |
|---|---|---|
| Price | $60.49 | $765.61 |
| Market cap | — | $816.74B |
| Today | −0.75% | −0.74% |
| 1 month | −1.9% | −0.7% |
| 6 months | +16.8% | +20.7% |
| Year to date | +10.0% | +12.3% |
| 1 year | — | +16.3% |
| Revenue growth (YoY) | — | — |
| Gross margin | 45.5% | — |
| Net margin | 4.7% | — |
| P/E (TTM) | — | — |
| Price / sales | — | — |
| Net cash | $489.0M | — |
| Dividend yield | 5.37% | 0.99% |
| Volatility (60d) | 41.2% | 11.2% |
| Short % of float | — | — |
| Next earnings | — | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).