Mesa Laboratories (MLAB) 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 8, 2026.
Summary
Mesa Laboratories pays a dividend yielding 0.51%, while Novanta Tangible Equity Units does not currently pay one.
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 | MLAB | NOVTU |
|---|---|---|
| Share price | $126.06 | $58.48 |
| Market cap | $705.42M | — |
| 1-day change | -3.00% | -3.64% |
| YTD return | +65.55% | +6.37% |
| 1-year return | +90.56% | — |
| 5-year return | -58.04% | — |
| P/E ratio (TTM) | 148.31 | — |
| Forward P/E | 12.27 | — |
| EPS (TTM) | $0.85 | — |
| Dividend yield | 0.51% | 0.00% |
| Annual dividend | $0.64 | $0.00 |
| 52-week high | $144.35 | $76.95 |
| 52-week low | $66.56 | $47.57 |
| Distance from 52-week high | -12.67% | -24.00% |
| Analyst consensus | buy | — |
| Avg. price target upside | -0.84% | — |
| Average volume | 146.02K | 26.96K |
| Shares outstanding | 5.60M | — |
| Employees | 717 | 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
- The two companies sit in different sectors: Mesa Laboratories in Industrials and Novanta Tangible Equity Units in Miscellaneous.
About Mesa Laboratories
MLAB stock →Mesa Laboratories, Inc. develops, designs, manufactures, sells, and services life sciences tools and quality control products and services in North America, Europe, the Asia Pacific, and internationally.
Industrials · Industrial Machinery/Components · 717 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
MLAB vs NOVTU FAQ
Which pays a higher dividend, Mesa Laboratories or Novanta Tangible Equity Units?
Mesa Laboratories pays a dividend yielding 0.51%, while Novanta Tangible Equity Units does not currently pay a regular dividend.
Are Mesa Laboratories and Novanta Tangible Equity Units in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.