Which has the lower trailing P/E, EPAM or NOVT?

EPAM has the lower trailing P/E: EPAM trades at 14.83 and NOVT at 97.60. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, EPAM or NOVT?

Over the past five years, EPAM grew revenue faster — EPAM at a 13.08% CAGR versus NOVT at 10.65%.

Is EPAM or NOVT more profitable?

EPAM runs the higher net margin — EPAM at 7.15% versus NOVT at 6.00%.

How have EPAM and NOVT total returns compared?

Over the past 10 years, EPAM delivered 4.97% and NOVT delivered 24.09% annualized total return. Past performance doesn't predict future results.

EPAM Systems, Inc. (EPAM) vs Novanta Inc. (NOVT)

A side-by-side comparison of EPAM Systems, Inc. and Novanta Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

EPAM

EPAM Systems, Inc.

$5.72B

$109.42TechnologyDelayed quote: Oct 6, 2026, 12:00 PM EDT

NOVT

Novanta Inc.

$5.42B

$152.25TechnologyDelayed quote: Oct 6, 2026, 11:55 AM EDT

Total return — EPAM vs NOVT

growth of $100 · dividends reinvested · last 10y

EPAM +62.5% (+5.0%/yr)NOVT +768.1% (+24.1%/yr)NOVT compounded faster over this window

Log scale — wide-divergence pair

EPAM NOVT

EPAM vs NOVT: by the numbers

•EPAM is the larger company ($5.72B vs $5.42B market cap).
•EPAM trades at the lower trailing earnings multiple (14.83 vs 97.60 P/E), one valuation lens rather than an overall verdict.
•EPAM converts more revenue to profit (7.15% vs 6.00% net margin).
•EPAM grew revenue faster over the past five years (13.08% vs 10.65% CAGR).

Metrics side by side

Valuation

Metric	EPAM	NOVT
P/E ratio	14.83	97.60
Forward P/E	8.32	41.22
PEG ratio	4.00	29.58
P/S ratio	1.02	5.27
P/B ratio	1.62	3.35
EV / EBITDA	7.13	29.50
FCF yield	8.44%	2.11%

Profitability

Metric	EPAM	NOVT
Gross margin	28.33%	42.52%
Operating margin	10.26%	10.43%
Net margin	7.15%	6.00%
ROE	11.42%	3.82%
ROIC	11.07%	4.30%

Growth (annualized)

Metric	EPAM	NOVT
Revenue CAGR (5Y)	13.08%	10.65%
EPS CAGR (5Y)	2.86%	2.97%
FCF CAGR (5Y)	6.36%	-17.89%
Total return CAGR (5Y)	-28.24%	-0.32%

Frequently asked

Which has the lower trailing P/E, EPAM or NOVT?: EPAM has the lower trailing P/E: EPAM trades at 14.83 and NOVT at 97.60. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, EPAM or NOVT?: Over the past five years, EPAM grew revenue faster — EPAM at a 13.08% CAGR versus NOVT at 10.65%.
Is EPAM or NOVT more profitable?: EPAM runs the higher net margin — EPAM at 7.15% versus NOVT at 6.00%.
How have EPAM and NOVT total returns compared?: Over the past 10 years, EPAM delivered 4.97% and NOVT delivered 24.09% annualized total return. Past performance doesn't predict future results.

Go deeper

Full EPAM analysis Full NOVT analysis Interactive comparison tool

Dig into the metrics

EPAM Systems P/E ratio Novanta P/E ratio EPAM Systems ROE Novanta ROE EPAM Systems operating margin Novanta operating margin EPAM Systems revenue growth Novanta revenue growth EPAM Systems free cash flow Novanta free cash flow

EPAM Systems & Novanta appear in these rankings

Highest FCF Yield Stocks Highest 10-Year Total Return Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.