MLAB
Price
$93.17
Change
-$0.06 (-0.06%)
Updated
Jun 23, 04:12 PM (EDT)
Capitalization
514.15M
50 days until earnings call
Intraday BUY SELL Signals
NOVT
Price
$151.65
Change
-$4.01 (-2.58%)
Updated
Jun 23, 04:13 PM (EDT)
Capitalization
5.54B
49 days until earnings call
Intraday BUY SELL Signals
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MLAB vs NOVT

MLAB vs NOVT Comparison Chart in %
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MLAB vs. NOVT commentary
Jun 23, 2026

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is MLAB is a Hold and NOVT is a Hold.

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COMPARISON
Comparison
Jun 23, 2026
Stock price -- (MLAB: $93.06 vs. NOVT: $155.66)
Brand notoriety: MLAB and NOVT are both not notable
Both companies represent the Electronic Equipment/Instruments industry
Current volume relative to the 65-day Moving Average: MLAB: 111% vs. NOVT: 105%
Market capitalization -- MLAB: $514.15M vs. NOVT: $5.54B
MLAB [@Electronic Equipment/Instruments] is valued at $514.15M. NOVT’s [@Electronic Equipment/Instruments] market capitalization is $5.54B. The market cap for tickers in the [@Electronic Equipment/Instruments] industry ranges from $122.53B to $0. The average market capitalization across the [@Electronic Equipment/Instruments] industry is $9.7B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

MLAB’s FA Score shows that 0 FA rating(s) are green whileNOVT’s FA Score has 1 green FA rating(s).

  • MLAB’s FA Score: 0 green, 5 red.
  • NOVT’s FA Score: 1 green, 4 red.
According to our system of comparison, NOVT is a better buy in the long-term than MLAB.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

MLAB’s TA Score shows that 4 TA indicator(s) are bullish while NOVT’s TA Score has 3 bullish TA indicator(s).

  • MLAB’s TA Score: 4 bullish, 4 bearish.
  • NOVT’s TA Score: 3 bullish, 5 bearish.
According to our system of comparison, MLAB is a better buy in the short-term than NOVT.

Price Growth

MLAB (@Electronic Equipment/Instruments) experienced а -10.59% price change this week, while NOVT (@Electronic Equipment/Instruments) price change was -0.62% for the same time period.

The average weekly price growth across all stocks in the @Electronic Equipment/Instruments industry was +10.47%. For the same industry, the average monthly price growth was +16.69%, and the average quarterly price growth was +17.71%.

Reported Earning Dates

MLAB is expected to report earnings on Aug 12, 2026.

NOVT is expected to report earnings on Aug 11, 2026.

Industries' Descriptions

@Electronic Equipment/Instruments (+10.47% weekly)

This industry manufactures electronic products used in various critical and sophisticated technologies, including laser-based systems, circuit and continuity testers, electro-optical measuring instruments and high-speed precision weighing and inspection equipment. Some major companies operating in this business are Canon Inc., Keysight Technologies Inc., and Fortive Corp.

SUMMARIES
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FUNDAMENTALS
Fundamentals
NOVT($5.54B) has a higher market cap than MLAB($514M). NOVT has higher P/E ratio than MLAB: NOVT (111.99) vs MLAB (76.91). NOVT YTD gains are higher at: 30.818 vs. MLAB (18.931). NOVT has higher annual earnings (EBITDA): 179M vs. MLAB (46M). NOVT has more cash in the bank: 389M vs. MLAB (26.9M). MLAB has less debt than NOVT: MLAB (155M) vs NOVT (290M). NOVT has higher revenues than MLAB: NOVT (1.01B) vs MLAB (249M).
MLABNOVTMLAB / NOVT
Capitalization514M5.54B9%
EBITDA46M179M26%
Gain YTD18.93130.81861%
P/E Ratio76.91111.9969%
Revenue249M1.01B25%
Total Cash26.9M389M7%
Total Debt155M290M53%
FUNDAMENTALS RATINGS
MLAB vs NOVT: Fundamental Ratings
MLAB
NOVT
OUTLOOK RATING
1..100
6362
VALUATION
overvalued / fair valued / undervalued
1..100
56
Fair valued
92
Overvalued
PROFIT vs RISK RATING
1..100
10084
SMR RATING
1..100
8885
PRICE GROWTH RATING
1..100
5042
P/E GROWTH RATING
1..100
8913
SEASONALITY SCORE
1..100
n/a90

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

MLAB's Valuation (56) in the Medical Specialties industry is somewhat better than the same rating for NOVT (92) in the Electronic Equipment Or Instruments industry. This means that MLAB’s stock grew somewhat faster than NOVT’s over the last 12 months.

NOVT's Profit vs Risk Rating (84) in the Electronic Equipment Or Instruments industry is in the same range as MLAB (100) in the Medical Specialties industry. This means that NOVT’s stock grew similarly to MLAB’s over the last 12 months.

NOVT's SMR Rating (85) in the Electronic Equipment Or Instruments industry is in the same range as MLAB (88) in the Medical Specialties industry. This means that NOVT’s stock grew similarly to MLAB’s over the last 12 months.

NOVT's Price Growth Rating (42) in the Electronic Equipment Or Instruments industry is in the same range as MLAB (50) in the Medical Specialties industry. This means that NOVT’s stock grew similarly to MLAB’s over the last 12 months.

NOVT's P/E Growth Rating (13) in the Electronic Equipment Or Instruments industry is significantly better than the same rating for MLAB (89) in the Medical Specialties industry. This means that NOVT’s stock grew significantly faster than MLAB’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
MLABNOVT
RSI
ODDS (%)
N/A
Bearish Trend 2 days ago
70%
Stochastic
ODDS (%)
Bullish Trend 2 days ago
69%
Bullish Trend 2 days ago
61%
Momentum
ODDS (%)
Bearish Trend 2 days ago
76%
Bearish Trend 2 days ago
71%
MACD
ODDS (%)
Bearish Trend 2 days ago
78%
Bearish Trend 2 days ago
74%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
76%
Bearish Trend 2 days ago
68%
TrendMonth
ODDS (%)
Bearish Trend 2 days ago
75%
Bullish Trend 2 days ago
66%
Advances
ODDS (%)
Bullish Trend 15 days ago
72%
Bullish Trend 2 days ago
65%
Declines
ODDS (%)
Bearish Trend 8 days ago
79%
Bearish Trend 8 days ago
66%
BollingerBands
ODDS (%)
Bullish Trend 2 days ago
66%
Bearish Trend 2 days ago
75%
Aroon
ODDS (%)
Bullish Trend 2 days ago
66%
Bullish Trend 2 days ago
66%
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MLAB
Daily Signal:
Gain/Loss:
NOVT
Daily Signal:
Gain/Loss:
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MLAB and

Correlation & Price change

A.I.dvisor indicates that over the last year, MLAB has been loosely correlated with NOVT. These tickers have moved in lockstep 34% of the time. This A.I.-generated data suggests there is some statistical probability that if MLAB jumps, then NOVT could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MLAB
1D Price
Change %
MLAB100%
-2.15%
NOVT - MLAB
34%
Loosely correlated
+0.23%
TRMB - MLAB
31%
Poorly correlated
+0.10%
ST - MLAB
30%
Poorly correlated
+2.11%
BKSY - MLAB
27%
Poorly correlated
-1.55%
MKSI - MLAB
26%
Poorly correlated
+3.49%
More

NOVT and

Correlation & Price change

A.I.dvisor indicates that over the last year, NOVT has been loosely correlated with ST. These tickers have moved in lockstep 52% of the time. This A.I.-generated data suggests there is some statistical probability that if NOVT jumps, then ST could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NOVT
1D Price
Change %
NOVT100%
+0.23%
ST - NOVT
52%
Loosely correlated
+2.11%
VPG - NOVT
51%
Loosely correlated
-0.30%
BKSY - NOVT
40%
Loosely correlated
-1.55%
TDY - NOVT
39%
Loosely correlated
-0.47%
VNT - NOVT
39%
Loosely correlated
+1.84%
More