COMP <GO>
MIDD vs NOVT // FORWARD P/E MULTIPLE
Middleby Corporation (NASDAQ) VS. Novanta Inc. (NASDAQ) • 15-METRIC TALLY: MIDD 7
— NOVT 5
▲ FORWARD P/E MULTIPLE LEADER: MIDD
LAST: $117.59 (+3.11%) • MKT CAP: $5.32B
forward-pe
13.5x
LAST: $151.18 (+0.35%) • MKT CAP: $5.72B
forward-pe
98.8x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MIDD VS. NOVT)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | MIDD | NOVT | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 39.10% | 44.40% | -5.30 | NOVT | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.70% | 6.50% | +3.20 | MIDD | /roic <GO> |
| EV/EBITDA & P/E Valuation | 11.4x | 51.7x | -40.30 | MIDD | /valuation <GO> |
| Free Cash Flow Yield | 10.52% | 0.85% | +9.67 | MIDD | /fcf-yield <GO> |
| Operating Margin | 18.00% | 9.60% | +8.40 | MIDD | /operating-margins <GO> |
| Net Profit Margin | 11.50% | 5.50% | +6.00 | MIDD | /net-margins <GO> |
| Revenue Growth (YoY) | 1.60% | 3.30% | -1.70 | NOVT | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 3.08 | 8.30 | -5.22 | NOVT | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 7/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 67.3 | 58.2 | +9.10 | MIDD | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.94 | 1.01 | -0.07 | NOVT | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 13.5x | 98.8x | -85.30 | MIDD | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $5.32B | $5.72B | -$399.6M | NOVT | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | MIDD REV | NOVT REV | MIDD GROSS % | NOVT GROSS % | MIDD FCF | NOVT FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $3.20B | $980.6M | 39.1% | 44.4% | $559.5M | $48.4M |
| FY 2024 | $3.15B | $949.2M | 39.7% | 44.4% | $650.1M | $141.3M |
| FY 2023 | $3.24B | $881.7M | — | — | $482.9M | $80.4M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
MIDD // BETA 0.94
NOVT // BETA 1.01