Novanta (NASDAQ:NOVT) & Dais (OTCMKTS:DLYT) Financial Survey

Novanta (NASDAQ:NOVT) and Dais (OTCMKTS:DLYT) are both computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their valuation, dividends, risk, institutional ownership, analyst recommendations, earnings and profitability.

Valuation & Earnings

This table compares Novanta and Dais”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Novanta	$980.60 million	5.83	$53.83 million	$1.38	116.41
Dais	N/A	N/A	N/A	($0.36)	N/A

Novanta has higher revenue and earnings than Dais. Dais is trading at a lower price-to-earnings ratio than Novanta, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Novanta and Dais’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Novanta	5.35%	12.06%	7.70%
Dais	N/A	N/A	N/A

Insider and Institutional Ownership

98.4% of Novanta shares are owned by institutional investors. 1.2% of Novanta shares are owned by company insiders. Comparatively, 22.3% of Dais shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent recommendations and price targets for Novanta and Dais, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Novanta	0	2	1	0	2.33
Dais	0	0	0	0	0.00

Novanta presently has a consensus price target of $180.00, indicating a potential upside of 12.04%. Given Novanta’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Novanta is more favorable than Dais.

Summary

Novanta beats Dais on 9 of the 10 factors compared between the two stocks.

About Novanta

Novanta, Inc. engages in the provision of core technology solutions to healthcare and advanced industrial original equipment manufacturers. It operates through the following segments: Photonics, Vision, and Precision Motion. The Photonics segment designs, manufactures, and markets photonics-based solutions, including laser scanning and laser beam delivery, CO2 laser, continuous wave and ultrafast laser, and optical light engine products. The Vision segment offers a range of medical grade technologies, including medical insufflators, pumps and related disposables, surgical displays and operating room integration technologies, optical data collection and machine vision technologies, radio frequency identification technologies, thermal printers, spectrometry technologies, and embedded touch screen solutions. The Precision Motion segment includes optical encoders, precision motor and motion control technology, air bearing spindles, and precision machined components to customers. The company was founded in 1968 and is headquartered in Bedford, MA.

About Dais

Dais Corporation operates as a proprietary and nanotechnology polymer materials company. The company offers Aqualyte, a nanomaterial platform made from commercially available polymer resin and industrial grade solvents, which are mixed using a proprietary process with traditional industrial equipment; and ConsERV, a fixed plate energy recovery ventilator that is useful in meeting building indoor fresh air requirements while saving energy and lowering emissions for various forms of heating, ventilation, and air conditioning equipment. It also provides NanoClear, a water clean-up process useful in the creation of potable water from contaminated water, including salt, brackish and wastewater; NanoAir; and NanoCap, an energy storage application. The company also licenses its products. The company was formerly known as Dais Analytic Corporation Inc. and changed its name to Dais Corporation in February 2019. Dais Corporation was incorporated in 1993 and is headquartered in Odessa, Florida.