EnerSys (ENS) 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
EnerSys (ENS) has outperformed Novanta (NOVT) over the past year, gaining 56.5% versus a gain of 32.7%. Over five years, ENS leads with a +128.0% price change compared with -15.6% for NOVT. EnerSys is the larger company by market cap ($6.47 billion vs $5.16 billion), about 1.3 times the size.
On valuation, EnerSys trades at a lower forward P/E (12.5x vs 31.2x for Novanta). EnerSys pays a dividend yielding 0.59%, while Novanta does not currently pay one. EnerSys converts more of its revenue into profit, with a net margin of 7.8% 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 | ENS | NOVT |
|---|---|---|
| Share price | $179.31 | $136.33 |
| Market cap | $6.47B | $5.16B |
| 1-day change | -1.74% | -5.09% |
| YTD return | +22.19% | +14.57% |
| 1-year return | +56.49% | +32.75% |
| 5-year return | +128.01% | -15.59% |
| P/E ratio (TTM) | 19.20 | 86.28 |
| Forward P/E | 12.47 | 31.22 |
| EPS (TTM) | $9.34 | $1.58 |
| Dividend yield | 0.59% | 0.00% |
| Annual dividend | $1.05 | $0.00 |
| Revenue (latest FY) | $3.75B | $980.60M |
| Revenue growth (YoY) | +3.70% | +3.30% |
| Net income (latest FY) | $293.56M | $53.83M |
| Gross margin | 29.26% | 44.39% |
| Operating margin | 11.37% | 9.59% |
| Net margin | 7.83% | 5.49% |
| 52-week high | $244.30 | $176.38 |
| 52-week low | $108.88 | $98.27 |
| Distance from 52-week high | -26.60% | -22.71% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +39.13% | +42.67% |
| Average volume | 522.63K | 390.69K |
| Shares outstanding | 36.07M | 37.82M |
| Employees | 9,682 | 3,000 |
| Sector | Miscellaneous | 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
- ENS has outperformed NOVT by 23.7 percentage points over the past year.
- Novanta trades at a higher earnings multiple (86.3x vs 19.2x trailing P/E).
About EnerSys
ENS stock →EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates through three segments: Network & Infrastructure Solutions, Industrial Mobility Solutions, and Precision Power Solutions.
Miscellaneous · Industrial Machinery/Components · 9,682 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
ENS vs NOVT FAQ
Which is bigger, EnerSys or Novanta?
EnerSys (ENS) is larger, with a market capitalization of $6.47B compared with $5.16B for Novanta (NOVT).
Which stock has performed better over the past year, ENS or NOVT?
ENS returned +56.49% over the past 12 months, compared with +32.75% for NOVT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ENS or NOVT?
ENS has the lower trailing P/E at 19.2, versus 86.3 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.
Which pays a higher dividend, EnerSys or Novanta?
EnerSys pays a dividend yielding 0.59%, while Novanta does not currently pay a regular dividend.
Are EnerSys and Novanta in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Miscellaneous sector.