Alliance Laundry (ALH) vs Novanta (NOVT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Novanta (NOVT) has outperformed Alliance Laundry (ALH) over the past year, gaining 34.0% versus a loss of 14.4%. Novanta is the larger company by market cap ($5.34 billion vs $4.23 billion), about 1.3 times the size, while Alliance Laundry is growing revenue faster (+13.3% vs +3.3%). On valuation, Alliance Laundry trades at a lower forward P/E (14.3x vs 32.4x for Novanta).
Alliance Laundry converts more of its revenue into profit, with a net margin of 6.0% versus 5.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ALH | NOVT |
|---|---|---|
| Share price | $21.27 | $141.28 |
| Market cap | $4.23B | $5.34B |
| 1-day change | +0.14% | +3.63% |
| YTD return | +4.37% | +18.73% |
| 1-year return | -14.42% | +34.02% |
| 5-year return | — | -12.53% |
| P/E ratio (TTM) | 23.90 | 86.15 |
| Forward P/E | 14.25 | 32.35 |
| EPS (TTM) | $0.89 | $1.64 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $1.71B | $980.60M |
| Revenue growth (YoY) | +13.31% | +3.30% |
| Net income (latest FY) | $101.75M | $53.83M |
| Gross margin | 37.57% | 44.39% |
| Operating margin | 18.57% | 9.59% |
| Net margin | 5.95% | 5.49% |
| 52-week high | $28.23 | $176.38 |
| 52-week low | $18.64 | $98.27 |
| Distance from 52-week high | -24.65% | -19.90% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +51.62% | +37.67% |
| Average volume | 1.21M | 389.07K |
| Shares outstanding | 198.79M | 37.82M |
| Employees | 4,000 | 3,000 |
| Sector | Industrials | Miscellaneous |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NOVT has outperformed ALH by 48.4 percentage points over the past year.
- Novanta trades at a higher earnings multiple (86.1x vs 23.9x trailing P/E).
- Alliance Laundry grew revenue faster in its latest fiscal year (+13.31% vs +3.30%).
- The two companies sit in different sectors: Alliance Laundry in Industrials and Novanta in Miscellaneous.
About Alliance Laundry
ALH stock →Alliance Laundry Holdings Inc. designs, manufactures, and sells commercial laundry systems in the United States, the Czech Republic, Thailand, and internationally.
Industrials · Industrial Machinery/Components · 4,000 employees
About Novanta
NOVT stock →Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. The company operates Automation Enabling Technologies and Medical Solutions segments.
Miscellaneous · Industrial Machinery/Components · 3,000 employees
ALH vs NOVT FAQ
Which is bigger, Alliance Laundry or Novanta?
Novanta (NOVT) is larger, with a market capitalization of $5.34B compared with $4.23B for Alliance Laundry (ALH).
Which stock has performed better over the past year, ALH or NOVT?
NOVT returned +34.02% over the past 12 months, compared with -14.42% for ALH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ALH or NOVT?
ALH has the lower trailing P/E at 23.9, versus 86.1 for NOVT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Alliance Laundry and Novanta in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.