MetaCap

Kennametal (KMT) vs Novanta Tangible Equity Units (NOVTU)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.

Summary

Kennametal pays a dividend yielding 2.51%, while Novanta Tangible Equity Units does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

KMT+21.55%NOVTU+26.47%
+68%+31%-6%
Nov 7, 20251 yearOct 9, 2026
KMT+21.55%NOVTU+26.47%
+56%+27%-3%
Nov 3, 20255 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

KMT versus NOVTU key metrics
MetricKMTNOVTU
Share price$31.92$60.83
Market cap$2.44B—
1-day change+0.66%+4.02%
YTD return+12.35%+10.64%
1-year return+50.35%—
5-year return-13.38%—
P/E ratio (TTM)7.22—
Forward P/E12.93—
EPS (TTM)$4.42—
Dividend yield2.51%0.00%
Annual dividend$0.80$0.00
Revenue (latest FY)$2.36B—
Revenue growth (YoY)+19.82%—
Net income (latest FY)$342.39M—
Gross margin41.16%—
Operating margin20.05%—
Net margin14.53%—
52-week high$43.81$76.95
52-week low$20.38$47.57
Distance from 52-week high-27.14%-20.95%
Analyst consensusunderperform—
Avg. price target upside+1.60%—
Average volume1.42M35.22K
Shares outstanding76.39M—
Employees8,0503,000
SectorIndustrialsMiscellaneous
IndustryIndustrial Machinery/ComponentsIndustrial 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

  • Kennametal offers a meaningfully higher dividend yield (2.51% vs 0.00%).
  • The two companies sit in different sectors: Kennametal in Industrials and Novanta Tangible Equity Units in Miscellaneous.

About Kennametal

KMT stock →

Kennametal Inc. engages in development and application of tungsten carbides, ceramics, and hard materials and solutions worldwide.

Industrials · Industrial Machinery/Components · 8,050 employees

About Novanta Tangible Equity Units

NOVTU 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

KMT vs NOVTU FAQ

Which pays a higher dividend, Kennametal or Novanta Tangible Equity Units?

Kennametal pays a dividend yielding 2.51%, while Novanta Tangible Equity Units does not currently pay a regular dividend.

Are Kennametal and Novanta Tangible Equity Units in the same industry?

Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.

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