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NASDAQ: NVX
Novonix Ltd Stock

$2.39+0.12 (+5.29%)
Updated Apr 23, 2024
NVX Price
$2.39
Fair Value Price
N/A
Market Cap
$292.02M
52 Week Low
$1.40
52 Week High
$3.59
P/E
-597.5x
P/B
1.59x
P/S
29.35x
PEG
N/A
Dividend Yield
N/A
Revenue
$8.05M
Earnings
-$46.25M
Gross Margin
65%
Operating Margin
-541.11%
Profit Margin
-574.2%
Debt to Equity
0.43
Operating Cash Flow
-$36M
Beta
1.52
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

NVX Overview

Novonix Limited supplies battery materials, equipment, and services to the lithium-ion battery market in North America. It operates through three segments: Graphite Exploration and Mining, Battery Technology, and Battery Materials. The company has a strategic alliance with Harper International Corp. to develop specialized furnace technology that would enhance Novonix's synthetic graphite manufacturing process, as well as a partnership with Emera Technologies to develop and manufacture energy storage systems for community microgrids. Novonix was incorporated in 2012 and is headquartered in Brisbane, Australia.

Zen Score

–
Industry Average (28)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how NVX scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

NVX is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
NVX is good value based on its book value relative to its share price (1.59x), compared to the US Electrical Equipment & Parts industry average (3.98x)
P/B vs Industry Valuation
NVX is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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NVX News

Valuation

NVX fair value

Fair Value of NVX stock based on Discounted Cash Flow (DCF)
Price
$2.39
Fair Value
-$0.68
Undervalued by
453.68%
NVX is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

NVX price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-597.5x
Industry
29.78x
Market
41.92x

NVX price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.59x
Industry
3.98x
NVX is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

NVX's financial health

Profit margin

Revenue
$0.0
Net Income
$0.0
Profit Margin
0%
NVX's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
NVX's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$263.3M
Liabilities
$79.4M
Debt to equity
0.43
NVX's short-term assets ($89.15M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
NVX's short-term assets ($89.15M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
NVX's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
N/A
Investing
N/A
Financing
N/A
NVX's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

NVX vs Electrical Equipment & Part Stocks

TickerMarket Cap1d %P/EP/B
NVX$292.02M+5.52%-597.50x1.59x
SLDP$309.67M+3.01%-4.62x0.62x
FREY$223.53M0.00%-3.14x0.35x
ZEO$206.92M-0.19%0.83x6.40x
EAF$403.23M-1.88%-1.59x5.15x

Novonix Stock FAQ

What is Novonix's quote symbol?

(NASDAQ: NVX) Novonix trades on the NASDAQ under the ticker symbol NVX. Novonix stock quotes can also be displayed as NASDAQ: NVX.

If you're new to stock investing, here's how to buy Novonix stock.

What is the 52 week high and low for Novonix (NASDAQ: NVX)?

(NASDAQ: NVX) Novonix's 52-week high was $3.59, and its 52-week low was $1.40. It is currently -33.43% from its 52-week high and 70.71% from its 52-week low.

How much is Novonix stock worth today?

(NASDAQ: NVX) Novonix currently has 488,733,461 outstanding shares. With Novonix stock trading at $2.39 per share, the total value of Novonix stock (market capitalization) is $292.02M.

Novonix stock was originally listed at a price of $22.25 in Feb 2, 2022. If you had invested in Novonix stock at $22.25, your return over the last 2 years would have been -89.26%, for an annualized return of -67.23% (not including any dividends or dividend reinvestments).

How much is Novonix's stock price per share?

(NASDAQ: NVX) Novonix stock price per share is $2.39 today (as of Apr 23, 2024).

What is Novonix's Market Cap?

(NASDAQ: NVX) Novonix's market cap is $292.02M, as of Apr 24, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Novonix's market cap is calculated by multiplying NVX's current stock price of $2.39 by NVX's total outstanding shares of 488,733,461.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.