Novanta (NOVT) vs Vishay Precision Group (VPG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Vishay Precision Group (VPG) has outperformed Novanta (NOVT) over the past year, gaining 138.0% versus a gain of 42.3%. Over five years, VPG leads with a +115.3% price change compared with -11.1% for NOVT. Novanta is the larger company by market cap ($5.27 billion vs $981.5 million), about 5.4 times the size.
On valuation, Novanta trades at a lower forward P/E (31.9x vs 41.2x for Vishay Precision Group).
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 | NOVT | VPG |
|---|---|---|
| Share price | $139.35 | $73.79 |
| Market cap | $5.27B | $981.48M |
| 1-day change | -2.99% | -2.06% |
| YTD return | +20.72% | +95.69% |
| 1-year return | +42.26% | +137.97% |
| 5-year return | -11.06% | +115.32% |
| P/E ratio (TTM) | 88.19 | 245.97 |
| Forward P/E | 31.91 | 41.22 |
| EPS (TTM) | $1.58 | $0.30 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $980.60M | — |
| Revenue growth (YoY) | +3.30% | — |
| Net income (latest FY) | $53.83M | — |
| Gross margin | 44.39% | — |
| Operating margin | 9.59% | — |
| Net margin | 5.49% | — |
| 52-week high | $176.38 | $151.78 |
| 52-week low | $98.27 | $29.08 |
| Distance from 52-week high | -21.00% | -51.38% |
| Analyst consensus | strong_buy | none |
| Avg. price target upside | +39.58% | +26.48% |
| Average volume | 389.49K | 478.73K |
| Shares outstanding | 37.82M | 12.28M |
| Employees | 3,000 | 2,100 |
| Sector | Miscellaneous | Technology |
| Industry | Industrial Machinery/Components | Electrical Products |
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
- Novanta is about 5.4 times larger than Vishay Precision Group by market value ($5.27B vs $981.48M).
- VPG has outperformed NOVT by 95.7 percentage points over the past year.
- Vishay Precision Group trades at a higher earnings multiple (246.0x vs 88.2x trailing P/E).
- The two companies sit in different sectors: Novanta in Miscellaneous and Vishay Precision Group in Technology.
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
About Vishay Precision Group
VPG stock →Vishay Precision Group, Inc. engages in the precision measurement and sensing technologies business in the United States, Europe, Israel, Asia, and Canada.
Technology · Electrical Products · 2,100 employees
NOVT vs VPG FAQ
Which is bigger, Novanta or Vishay Precision Group?
Novanta (NOVT) is larger, with a market capitalization of $5.27B compared with $981.48M for Vishay Precision Group (VPG).
Which stock has performed better over the past year, NOVT or VPG?
VPG returned +137.97% over the past 12 months, compared with +42.26% for NOVT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NOVT or VPG?
NOVT has the lower trailing P/E at 88.2, versus 246.0 for VPG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Novanta and Vishay Precision Group in the same industry?
No. Novanta is in the Miscellaneous sector, while Vishay Precision Group is in Technology.