Novonix (ASX:NVX) Stock Price & Quote Analysis

NVX fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	2/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

NVX Stock Overview

Novonix Limited develops and supplies battery materials, equipment, and services to the lithium-ion battery market in North America.

Rewards

Revenue is forecast to grow 55.16% per year

Risk Analysis

Currently unprofitable and not forecast to become profitable over the next 3 years

Shareholders have been diluted in the past year

Does not have meaningful revenue (A$7M)

Novonix Limited Competitors

Codan

ASX:CDA

AU$1.6b

Catapult Group International

ASX:CAT

AU$220.8m

Rubicon Water

ASX:RWL

AU$222.7m

Harvest Technology Group

ASX:HTG

AU$58.9m

Price History & Performance

Summary of all time highs, changes and price drops for Novonix
Historical stock prices
Current Share Price	AU$2.99
52 Week High	AU$12.47
52 Week Low	AU$1.94
Beta	1.66
1 Month Change	48.02%
3 Month Change	-21.32%
1 Year Change	-27.07%
3 Year Change	424.56%
5 Year Change	156.65%
Change since IPO	967.86%

Recent News & Updates

Jun 02

Is Novonix (ASX:NVX) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...

Shareholder Returns

	NVX	AU Electronic	AU Market
7D	-2.9%	-2.2%	0.7%
1Y	-27.1%	-33.2%	-8.5%

Return vs Industry: NVX exceeded the Australian Electronic industry which returned -33.2% over the past year.

Return vs Market: NVX underperformed the Australian Market which returned -8.5% over the past year.

Price Volatility

Is NVX's price volatile compared to industry and market?
NVX volatility
NVX Average Weekly Movement	14.0%
Electronic Industry Average Movement	11.5%
Market Average Movement	10.6%
10% most volatile stocks in AU Market	18.1%
10% least volatile stocks in AU Market	4.6%

Stable Share Price: NVX is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: NVX's weekly volatility (14%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2012	n/a	Chris Burns	https://www.novonixgroup.com

Novonix Limited develops and 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 Graphite Exploration and Mining segment explores for graphite in Australia.

Novonix Limited Fundamentals Summary

How do Novonix's earnings and revenue compare to its market cap?
NVX fundamental statistics
Market Cap	AU$1.46b
Earnings (TTM)	-AU$36.16m
Revenue (TTM)	AU$6.90m

210.9x

P/S Ratio

-40.2x

P/E Ratio

Is NVX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
NVX income statement (TTM)
Revenue	AU$6.90m
Cost of Revenue	AU$1.49m
Gross Profit	AU$5.41m
Other Expenses	AU$41.57m
Earnings	-AU$36.16m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.074
Gross Margin	78.42%
Net Profit Margin	-523.77%
Debt/Equity Ratio	13.3%

How did NVX perform over the long term?

See historical performance and comparison

Novonix ASX:NVX Stock Report

Last Price

Market Cap

7D

1Y

Updated

Data