WallStSmart

Keysight Technologies Inc (KEYS)vsNovanta Inc (NOVT)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Keysight Technologies Inc generates 539% more annual revenue ($6.58B vs $1.03B). KEYS leads profitability with a 19.1% profit margin vs 6.0%. KEYS appears more attractively valued with a PEG of 0.66. KEYS earns a higher WallStSmart Score of 74/100 (B).

KEYS

Strong Buy

74

out of 100

Grade: B

Growth: 7.3Profit: 8.0Value: 4.7Quality: 7.0
Piotroski: 3/9Altman Z: 2.61

NOVT

Buy

54

out of 100

Grade: C-

Growth: 6.7Profit: 5.0Value: 2.7Quality: 8.0
Piotroski: 3/9Altman Z: 2.94
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

KEYSSignificantly Overvalued (-42.7%)

Margin of Safety

-42.7%

Fair Value

$166.83

Current Price

$338.64

$171.81 premium

UndervaluedFair: $166.83Overvalued
NOVTSignificantly Overvalued (-39.9%)

Margin of Safety

-39.9%

Fair Value

$101.39

Current Price

$146.56

$45.17 premium

UndervaluedFair: $101.39Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

KEYS5 strengths · Avg: 9.0/10
Revenue GrowthGrowth
36.5%10/10

Revenue surging 36.5% year-over-year

EPS GrowthGrowth
109.1%10/10

Earnings expanding 109.1% YoY

Market CapQuality
$55.44B9/10

Large-cap with strong market position

PEG RatioValuation
0.668/10

Growing faster than its price suggests

Operating MarginProfitability
25.7%8/10

Strong operational efficiency at 25.7%

NOVT2 strengths · Avg: 9.5/10
EPS GrowthGrowth
150.0%10/10

Earnings expanding 150.0% YoY

Debt/EquityHealth
0.179/10

Conservative balance sheet, low leverage

Areas to Watch

KEYS3 concerns · Avg: 3.0/10
Price/BookValuation
8.8x4/10

Trading at 8.8x book value

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

P/E RatioValuation
44.9x2/10

Premium valuation, high expectations priced in

NOVT4 concerns · Avg: 3.3/10
PEG RatioValuation
2.114/10

Expensive relative to growth rate

Return on EquityProfitability
5.2%3/10

ROE of 5.2% — below average capital efficiency

Profit MarginProfitability
6.0%3/10

6.0% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Comparative Analysis Report

WallStSmart Research

Bull Case : KEYS

The strongest argument for KEYS centers on Revenue Growth, EPS Growth, Market Cap. Profitability is solid with margins at 19.1% and operating margin at 25.7%. Revenue growth of 36.5% demonstrates continued momentum.

Bull Case : NOVT

The strongest argument for NOVT centers on EPS Growth, Debt/Equity. Revenue growth of 10.3% demonstrates continued momentum.

Bear Case : KEYS

The primary concerns for KEYS are Price/Book, Piotroski F-Score, P/E Ratio. A P/E of 44.9x leaves little room for execution misses.

Bear Case : NOVT

The primary concerns for NOVT are PEG Ratio, Return on Equity, Profit Margin. A P/E of 94.5x leaves little room for execution misses.

Key Dynamics to Monitor

KEYS profiles as a growth stock while NOVT is a value play — different risk/reward profiles.

NOVT carries more volatility with a beta of 1.68 — expect wider price swings.

KEYS is growing revenue faster at 36.5% — sustainability is the question.

KEYS generates stronger free cash flow (403M), providing more financial flexibility.

Bottom Line

KEYS scores higher overall (74/100 vs 54/100), backed by strong 19.1% margins and 36.5% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Keysight Technologies Inc

TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS · USA

Keysight Technologies, or Keysight, is an American company that manufactures electronics test and measurement equipment and software.

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Novanta Inc

TECHNOLOGY · SCIENTIFIC & TECHNICAL INSTRUMENTS · USA

Novanta Inc. designs, manufactures, markets and sells precision motion, vision and photonics components and subsystems to original equipment manufacturers in the medical and industrial markets worldwide. The company is headquartered in Bedford, Massachusetts.

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