Both in Electronic Instruments

Transcat vs Veralto

Over the past year TRNS returned +26.8% and VLTO returned +17.6%; their daily moves had a correlation of -0.02.

TRNS +26.8% VLTO +17.6%Growth of $1, one year, split-adjusted
MetricTRNSVLTO
Price$89.52$116.32
Market cap$837.9M$28.28B
Today+1.82%+0.54%
1 month−1.2%+20.5%
6 months+18.8%+32.0%
Year to date+57.8%+16.6%
1 year+23.2%+17.9%
Revenue growth (YoY)+21.6%+7.5%
Gross margin33.1%60.2%
Net margin1.4%16.8%
P/E (TTM)243.1×28.2×
Price / sales2.4×4.9×
Net cash-$103.7M-$1.14B
Dividend yield—0.45%
Volatility (60d)39.4%23.3%
Short % of float4.9%2.5%
Next earnings——

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