Nova Ltd. (NVMI) vs Zebra Technologies Corporation (ZBRA)

NVMI leads on 9 of 15 compared metrics, though ZBRA is the cheaper stock.

A side-by-side comparison of Nova Ltd. and Zebra Technologies Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total returnNVMI vs ZBRA

growth of $100 · dividends reinvested · last 26y
NVMI +1890.1%ZBRA +1142.4%NVMI compounded faster
01k2k3kStart $10020052010201520202025$1,990$1,242
NVMI ZBRA

NVMI vs ZBRA: by the numbers

  • NVMI is the larger company ($13.77B vs $12.61B market cap).
  • ZBRA trades at the lower earnings multiple (32.20 vs 54.75 P/E).
  • NVMI converts more revenue to profit (29.21% vs 7.49% net margin).
  • NVMI grew revenue faster over the past five years (25.28% vs 3.31% CAGR).

Which is better, NVMI or ZBRA?

Metric tally: NVMI 9 · ZBRA 6

It depends on what you're optimizing for:

ValueZBRA(lower P/E)
GrowthNVMI(faster 5Y revenue CAGR)
QualityNVMI(higher ROIC)

Metrics side by side

Valuation

MetricNVMIZBRA
P/E ratio54.7532.20
Forward P/E41.7514.25
P/S ratio16.692.40
P/B ratio10.863.86
PEG ratio1.05
EV / EBITDA54.3116.09
FCF yield1.29%6.23%

Profitability

MetricNVMIZBRA
Gross margin57.46%47.47%
Operating margin28.93%14.38%
Net margin29.21%7.49%
ROE19.00%12.05%
ROIC10.10%8.81%

Growth (annualized)

MetricNVMIZBRA
Revenue CAGR (5Y)25.28%3.31%
EPS CAGR (5Y)38.17%-2.66%
FCF CAGR (5Y)21.07%-3.79%
Total return CAGR (5Y)36.01%-12.62%

Frequently asked

Which is better, NVMI or ZBRA?
It depends on your goal. value: ZBRA (lower P/E); growth: NVMI (faster 5Y revenue CAGR); quality: NVMI (higher ROIC). Across all compared metrics, NVMI leads 9 to 6.
Is NVMI or ZBRA cheaper?
On trailing earnings, ZBRA is cheaper: NVMI trades at a 54.75 P/E and ZBRA at 32.20.
Which has grown faster, NVMI or ZBRA?
Over the past five years, NVMI grew revenue faster — NVMI at a 25.28% CAGR versus ZBRA at 3.31%.
Is NVMI or ZBRA more profitable?
NVMI runs the higher net margin — NVMI at 29.21% versus ZBRA at 7.49%.
Which has been the better investment, NVMI or ZBRA?
Over the past 10-year, NVMI delivered the higher annualized total return — NVMI at 43.99% versus ZBRA at 17.85%. Past performance doesn't predict future results.

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 July 20, 2026.