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5 / 10Stock Comparison
MLAB vs NEOG vs LFUS vs NOVT vs RGEN
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Diagnostics & Research
Hardware, Equipment & Parts
Hardware, Equipment & Parts
Medical - Instruments & Supplies
MLAB vs NEOG vs LFUS vs NOVT vs RGEN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Hardware, Equipment & Parts | Medical - Diagnostics & Research | Hardware, Equipment & Parts | Hardware, Equipment & Parts | Medical - Instruments & Supplies |
| Market Cap | $586M | $2.01B | $11.11B | $4.86B | $7.13B |
| Revenue (TTM) | $248M | $880M | $2.49B | $981M | $763M |
| Net Income (TTM) | $4M | $-603M | $-40M | $54M | $51M |
| Gross Margin | 60.6% | 38.0% | 38.3% | 44.4% | 51.5% |
| Operating Margin | 7.0% | -2.0% | 2.8% | 11.9% | 8.7% |
| Forward P/E | 11.7x | 25.9x | 33.8x | 38.2x | 64.3x |
| Total Debt | $181M | $913M | $946M | $342M | $690M |
| Cash & Equiv. | $27M | $129M | $563M | $381M | $566M |
MLAB vs NEOG vs LFUS vs NOVT vs RGEN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Mesa Laboratories, … (MLAB) | 100 | 40.2 | -59.8% |
| Neogen Corporation (NEOG) | 100 | 26.0 | -74.0% |
| Littelfuse, Inc. (LFUS) | 100 | 271.8 | +171.8% |
| Novanta Inc. (NOVT) | 100 | 132.7 | +32.7% |
| Repligen Corporation (RGEN) | 100 | 96.5 | -3.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: MLAB vs NEOG vs LFUS vs NOVT vs RGEN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
MLAB ranks third and is worth considering specifically for value.
- Lower P/E (11.7x vs 64.3x)
Among these 5 stocks, NEOG doesn't own a clear edge in any measured category.
LFUS is the #2 pick in this set and the best alternative if income & stability and defensive is your priority.
- Dividend streak 16 yrs, beta 1.76, yield 0.7%
- Beta 1.76, yield 0.7%, current ratio 2.69x
- 0.7% yield, 16-year raise streak, vs MLAB's 0.6%, (3 stocks pay no dividend)
- +132.6% vs MLAB's -11.2%
NOVT is the clearest fit if your priority is long-term compounding.
- 8.5% 10Y total return vs LFUS's 317.6%
- 3.0% ROA vs NEOG's -17.9%, ROIC 7.4% vs 0.2%
RGEN carries the broadest edge in this set and is the clearest fit for growth exposure and sleep-well-at-night.
- Rev growth 16.4%, EPS growth 287.0%, 3Y rev CAGR -2.7%
- Lower volatility, beta 1.76, Low D/E 32.8%, current ratio 8.37x
- 16.4% revenue growth vs NEOG's -3.2%
- 6.7% margin vs NEOG's -68.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 16.4% revenue growth vs NEOG's -3.2% | |
| Value | Lower P/E (11.7x vs 64.3x) | |
| Quality / Margins | 6.7% margin vs NEOG's -68.5% | |
| Stability / Safety | Beta 1.76 vs NOVT's 2.02 | |
| Dividends | 0.7% yield, 16-year raise streak, vs MLAB's 0.6%, (3 stocks pay no dividend) | |
| Momentum (1Y) | +132.6% vs MLAB's -11.2% | |
| Efficiency (ROA) | 3.0% ROA vs NEOG's -17.9%, ROIC 7.4% vs 0.2% |
MLAB vs NEOG vs LFUS vs NOVT vs RGEN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
MLAB vs NEOG vs LFUS vs NOVT vs RGEN — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
LFUS leads in 2 of 6 categories
MLAB leads 1 • NOVT leads 1 • NEOG leads 0 • RGEN leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — MLAB and LFUS each lead in 2 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
LFUS is the larger business by revenue, generating $2.5B annually — 10.1x MLAB's $248M. RGEN is the more profitable business, keeping 6.7% of every revenue dollar as net income compared to NEOG's -68.5%. On growth, LFUS holds the edge at +18.5% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $248M | $880M | $2.5B | $981M | $763M |
| EBITDAEarnings before interest/tax | $37M | $100M | $227M | $179M | $155M |
| Net IncomeAfter-tax profit | $4M | -$603M | -$40M | $54M | $51M |
| Free Cash FlowCash after capex | $38M | $17M | $390M | $48M | $104M |
| Gross MarginGross profit ÷ Revenue | +60.6% | +38.0% | +38.3% | +44.4% | +51.5% |
| Operating MarginEBIT ÷ Revenue | +7.0% | -2.0% | +2.8% | +11.9% | +8.7% |
| Net MarginNet income ÷ Revenue | +1.5% | -68.5% | -1.6% | +5.5% | +6.7% |
| FCF MarginFCF ÷ Revenue | +15.2% | +2.0% | +15.7% | +4.9% | +13.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +3.6% | -2.8% | +18.5% | +8.5% | +14.8% |
| EPS Growth (YoY)Latest quarter vs prior year | +3.1% | +96.5% | +69.1% | -2.2% | +50.0% |
Valuation Metrics
MLAB leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 92.7x trailing earnings, NOVT trades at a 37% valuation discount to RGEN's 147.0x P/E. On an enterprise value basis, MLAB's 18.1x EV/EBITDA is more attractive than LFUS's 83.2x.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $586M | $2.0B | $11.1B | $4.9B | $7.1B |
| Enterprise ValueMkt cap + debt − cash | $740M | $2.8B | $11.5B | $4.8B | $7.3B |
| Trailing P/EPrice ÷ TTM EPS | -294.78x | -1.84x | -152.27x | 92.71x | 147.01x |
| Forward P/EPrice ÷ next-FY EPS est. | 11.71x | 25.87x | 33.79x | 38.25x | 64.26x |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | 28.13x | — |
| EV / EBITDAEnterprise value multiple | 18.12x | 20.70x | 83.21x | 27.00x | 52.45x |
| Price / SalesMarket cap ÷ Revenue | 2.43x | 2.25x | 4.66x | 4.96x | 9.66x |
| Price / BookPrice ÷ Book value/share | 3.60x | 0.97x | 4.53x | 3.81x | 3.40x |
| Price / FCFMarket cap ÷ FCF | 13.86x | — | 30.35x | 100.38x | 75.94x |
Profitability & Efficiency
NOVT leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
NOVT delivers a 4.1% return on equity — every $100 of shareholder capital generates $4 in annual profit, vs $-29 for NEOG. NOVT carries lower financial leverage with a 0.26x debt-to-equity ratio, signaling a more conservative balance sheet compared to MLAB's 1.14x. On the Piotroski fundamental quality scale (0–9), RGEN scores 7/9 vs NEOG's 3/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +2.0% | -28.6% | -1.6% | +4.1% | +2.5% |
| ROA (TTM)Return on assets | +0.9% | -17.9% | -1.0% | +3.0% | +1.8% |
| ROICReturn on invested capital | +3.7% | +0.2% | +1.0% | +7.4% | +2.2% |
| ROCEReturn on capital employed | +4.9% | +0.2% | +1.1% | +8.3% | +2.2% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 3 | 5 | 5 | 7 |
| Debt / EquityFinancial leverage | 1.14x | 0.44x | 0.39x | 0.26x | 0.33x |
| Net DebtTotal debt minus cash | $154M | $784M | $383M | -$39M | $124M |
| Cash & Equiv.Liquid assets | $27M | $129M | $563M | $381M | $566M |
| Total DebtShort + long-term debt | $181M | $913M | $946M | $342M | $690M |
| Interest CoverageEBIT ÷ Interest expense | 2.36x | -8.33x | -0.93x | 4.89x | 2.64x |
Total Returns (Dividends Reinvested)
LFUS leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in LFUS five years ago would be worth $17,185 today (with dividends reinvested), compared to $1,940 for NEOG. Over the past 12 months, LFUS leads with a +132.6% total return vs MLAB's -11.2%. The 3-year compound annual growth rate (CAGR) favors LFUS at 20.1% vs NEOG's -18.6% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +33.8% | +32.1% | +68.5% | +22.6% | -23.1% |
| 1-Year ReturnPast 12 months | -11.2% | +56.0% | +132.6% | +14.6% | -0.4% |
| 3-Year ReturnCumulative with dividends | -33.0% | -46.1% | +73.3% | -15.2% | -19.3% |
| 5-Year ReturnCumulative with dividends | -56.5% | -80.6% | +71.8% | +5.7% | -32.7% |
| 10-Year ReturnCumulative with dividends | +4.5% | -49.8% | +317.6% | +853.7% | +369.1% |
| CAGR (3Y)Annualised 3-year return | -12.5% | -18.6% | +20.1% | -5.3% | -6.9% |
Risk & Volatility
Evenly matched — LFUS and RGEN each lead in 1 of 2 comparable metrics.
Risk & Volatility
RGEN is the less volatile stock with a 1.76 beta — it tends to amplify market swings less than NOVT's 2.02 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. LFUS currently trades 93.0% from its 52-week high vs RGEN's 71.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.78x | 1.83x | 1.76x | 2.02x | 1.76x |
| 52-Week HighHighest price in past year | $131.20 | $11.43 | $475.00 | $149.95 | $175.77 |
| 52-Week LowLowest price in past year | $55.45 | $4.53 | $188.08 | $98.27 | $109.52 |
| % of 52W HighCurrent price vs 52-week peak | +80.9% | +80.9% | +93.0% | +90.9% | +71.9% |
| RSI (14)Momentum oscillator 0–100 | 66.1 | 46.2 | 76.2 | 62.6 | 55.1 |
| Avg Volume (50D)Average daily shares traded | 123K | 2.5M | 265K | 375K | 905K |
Analyst Outlook
LFUS leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: MLAB as "Hold", NEOG as "Hold", LFUS as "Buy", NOVT as "Buy", RGEN as "Buy". Consensus price targets imply 32.9% upside for RGEN (target: $168) vs -11.4% for MLAB (target: $94). For income investors, LFUS offers the higher dividend yield at 0.65% vs MLAB's 0.60%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $94.00 | $11.00 | $400.00 | $150.00 | $168.00 |
| # AnalystsCovering analysts | 8 | 11 | 11 | 3 | 23 |
| Dividend YieldAnnual dividend ÷ price | +0.6% | — | +0.7% | — | — |
| Dividend StreakConsecutive years of raises | 0 | — | 16 | — | — |
| Dividend / ShareAnnual DPS | $0.64 | — | $2.89 | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% | +0.2% | +0.8% | 0.0% |
LFUS leads in 2 of 6 categories (Total Returns, Analyst Outlook). MLAB leads in 1 (Valuation Metrics). 2 tied.
MLAB vs NEOG vs LFUS vs NOVT vs RGEN: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is MLAB or NEOG or LFUS or NOVT or RGEN a better buy right now?
For growth investors, Repligen Corporation (RGEN) is the stronger pick with 16.
4% revenue growth year-over-year, versus -3. 2% for Neogen Corporation (NEOG). Novanta Inc. (NOVT) offers the better valuation at 92. 7x trailing P/E (38. 2x forward), making it the more compelling value choice. Analysts rate Littelfuse, Inc. (LFUS) a "Buy" — based on 11 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — MLAB or NEOG or LFUS or NOVT or RGEN?
On trailing P/E, Novanta Inc.
(NOVT) is the cheapest at 92. 7x versus Repligen Corporation at 147. 0x. On forward P/E, Mesa Laboratories, Inc. is actually cheaper at 11. 7x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — MLAB or NEOG or LFUS or NOVT or RGEN?
Over the past 5 years, Littelfuse, Inc.
(LFUS) delivered a total return of +71. 8%, compared to -80. 6% for Neogen Corporation (NEOG). Over 10 years, the gap is even starker: NOVT returned +853. 7% versus NEOG's -49. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — MLAB or NEOG or LFUS or NOVT or RGEN?
By beta (market sensitivity over 5 years), Repligen Corporation (RGEN) is the lower-risk stock at 1.
76β versus Novanta Inc. 's 2. 02β — meaning NOVT is approximately 15% more volatile than RGEN relative to the S&P 500. On balance sheet safety, Novanta Inc. (NOVT) carries a lower debt/equity ratio of 26% versus 114% for Mesa Laboratories, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — MLAB or NEOG or LFUS or NOVT or RGEN?
By revenue growth (latest reported year), Repligen Corporation (RGEN) is pulling ahead at 16.
4% versus -3. 2% for Neogen Corporation (NEOG). On earnings-per-share growth, the picture is similar: Repligen Corporation grew EPS 287. 0% year-over-year, compared to -114. 6% for Neogen Corporation. Over a 3-year CAGR, NEOG leads at 19. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — MLAB or NEOG or LFUS or NOVT or RGEN?
Repligen Corporation (RGEN) is the more profitable company, earning 6.
6% net margin versus -122. 1% for Neogen Corporation — meaning it keeps 6. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NOVT leads at 11. 9% versus 1. 1% for NEOG. At the gross margin level — before operating expenses — MLAB leads at 62. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is MLAB or NEOG or LFUS or NOVT or RGEN more undervalued right now?
On forward earnings alone, Mesa Laboratories, Inc.
(MLAB) trades at 11. 7x forward P/E versus 64. 3x for Repligen Corporation — 52. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for RGEN: 32. 9% to $168. 00.
08Which pays a better dividend — MLAB or NEOG or LFUS or NOVT or RGEN?
In this comparison, LFUS (0.
7% yield), MLAB (0. 6% yield) pay a dividend. NEOG, NOVT, RGEN do not pay a meaningful dividend and should not be held primarily for income.
09Is MLAB or NEOG or LFUS or NOVT or RGEN better for a retirement portfolio?
For long-horizon retirement investors, Littelfuse, Inc.
(LFUS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (0. 7% yield, +317. 6% 10Y return). Neogen Corporation (NEOG) carries a higher beta of 1. 83 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (LFUS: +317. 6%, NEOG: -49. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between MLAB and NEOG and LFUS and NOVT and RGEN?
These companies operate in different sectors (MLAB (Technology) and NEOG (Healthcare) and LFUS (Technology) and NOVT (Technology) and RGEN (Healthcare)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: MLAB is a small-cap quality compounder stock; NEOG is a small-cap quality compounder stock; LFUS is a mid-cap quality compounder stock; NOVT is a small-cap quality compounder stock; RGEN is a small-cap high-growth stock. MLAB, LFUS pay a dividend while NEOG, NOVT, RGEN do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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