Maxwell Technologies (MXWL) vs. Novanta (NOVT) Financial Comparison

Maxwell Technologies (NASDAQ: MXWL) and Novanta (NASDAQ:NOVT) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their dividends, risk, institutional ownership, profitability, valuation, earnings and analyst recommendations.

Profitability

This table compares Maxwell Technologies and Novanta’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Maxwell Technologies -36.94% -32.06% -20.72%
Novanta 12.45% 18.29% 9.56%

Institutional and Insider Ownership

52.2% of Maxwell Technologies shares are held by institutional investors. Comparatively, 78.9% of Novanta shares are held by institutional investors. 3.5% of Maxwell Technologies shares are held by company insiders. Comparatively, 8.3% of Novanta shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Analyst Recommendations

This is a summary of recent ratings for Maxwell Technologies and Novanta, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Maxwell Technologies 0 2 3 0 2.60
Novanta 0 0 1 0 3.00

Maxwell Technologies currently has a consensus target price of $7.00, indicating a potential upside of 18.44%. Novanta has a consensus target price of $54.00, indicating a potential downside of 7.77%. Given Maxwell Technologies’ higher possible upside, analysts plainly believe Maxwell Technologies is more favorable than Novanta.

Earnings & Valuation

This table compares Maxwell Technologies and Novanta’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Maxwell Technologies $121.24 million 1.81 -$23.70 million ($1.35) -4.38
Novanta $384.76 million 5.26 $22.00 million $1.68 34.85

Novanta has higher revenue and earnings than Maxwell Technologies. Maxwell Technologies is trading at a lower price-to-earnings ratio than Novanta, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

Maxwell Technologies has a beta of 0.26, indicating that its share price is 74% less volatile than the S&P 500. Comparatively, Novanta has a beta of 1.27, indicating that its share price is 27% more volatile than the S&P 500.

Summary

Novanta beats Maxwell Technologies on 12 of the 14 factors compared between the two stocks.

About Maxwell Technologies

Maxwell Technologies, Inc. develops, manufactures and markets energy storage and power delivery products for transportation, industrial, information technology and other applications and microelectronic products for space and satellite applications. The Company offers three product lines: Ultracapacitors, High-Voltage Capacitors and Radiation-Hardened Microelectronic Products. The Company’s ultracapacitor cells and multi-cell packs, and modules provide energy storage and power delivery solutions for applications in multiple industries. The Company offers ultracapacitor cells with capacitances ranging from 1 to 3,400 farads. It designs and manufactures CONDIS high-voltage capacitors. These products include grading and coupling capacitors and electric voltage transformers. The Company’s radiation-hardened microelectronic products for satellites and spacecraft include single board computers and components, such as high-density memory and data conversion modules.

About Novanta

Novanta Inc., formerly GSI Group Inc., designs, develops, manufactures and sells precision photonic and motion control components and subsystems. The Company’s segments are Photonics, Vision and Precision Motion. The Photonics segment designs, manufactures and markets photonics-based solutions, including carbon dioxide (CO2) laser sources, laser scanning and laser beam delivery products, to customers around the world. The Vision Technologies segment designs, manufactures and markets a range of medical grade technologies, including visualization solutions, imaging informatics products, optical data collection and machine vision technologies, radio frequency identification (RFID) technologies, and thermal printers, to customers around the world. The Company’s Precision Motion segment designs, manufactures and markets optical encoders, precision motors and other motion control technology, air bearing spindles and precision machined components to customers around the world.

Receive News & Ratings for Maxwell Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maxwell Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply