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NOVONIX LTD-ADR (NVX) Stock Fundamental Analysis

USA - NASDAQ:NVX - US67010L1008 - ADR

1.12 USD
+0.02 (+1.82%)
Last: 11/14/2025, 8:10:42 PM
1.1309 USD
+0.01 (+0.97%)
After Hours: 11/14/2025, 8:10:42 PM
Fundamental Rating

1

We assign a fundamental rating of 1 out of 10 to NVX. NVX was compared to 123 industry peers in the Electronic Equipment, Instruments & Components industry. NVX may be in some trouble as it scores bad on both profitability and health. NVX is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

NVX had negative earnings in the past year.
In the past year NVX has reported a negative cash flow from operations.
In the past 5 years NVX always reported negative net income.
NVX had a negative operating cash flow in each of the past 5 years.
NVX Yearly Net Income VS EBIT VS OCF VS FCFNVX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -20M -40M -60M -80M -100M

1.2 Ratios

Looking at the Return On Assets, with a value of -27.71%, NVX is doing worse than 74.80% of the companies in the same industry.
The Return On Equity of NVX (-46.06%) is worse than 73.98% of its industry peers.
Industry RankSector Rank
ROA -27.71%
ROE -46.06%
ROIC N/A
ROA(3y)-22.59%
ROA(5y)-20.43%
ROE(3y)-33.39%
ROE(5y)-27.76%
ROIC(3y)N/A
ROIC(5y)N/A
NVX Yearly ROA, ROE, ROICNVX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -50 -100 -150

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for NVX so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
NVX Yearly Profit, Operating, Gross MarginsNVX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -2K -4K -6K

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2. Health

2.1 Basic Checks

NVX does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for NVX has been increased compared to 1 year ago.
The number of shares outstanding for NVX has been increased compared to 5 years ago.
The debt/assets ratio for NVX is higher compared to a year ago.
NVX Yearly Shares OutstandingNVX Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
NVX Yearly Total Debt VS Total AssetsNVX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

Based on the Altman-Z score of -0.58, we must say that NVX is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of NVX (-0.58) is worse than 76.42% of its industry peers.
NVX has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.27, NVX is not doing good in the industry: 60.16% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.27
Debt/FCF N/A
Altman-Z -0.58
ROIC/WACCN/A
WACC8.52%
NVX Yearly LT Debt VS Equity VS FCFNVX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M

2.3 Liquidity

NVX has a Current Ratio of 0.93. This is a bad value and indicates that NVX is not financially healthy enough and could expect problems in meeting its short term obligations.
NVX's Current ratio of 0.93 is on the low side compared to the rest of the industry. NVX is outperformed by 92.68% of its industry peers.
A Quick Ratio of 0.90 indicates that NVX may have some problems paying its short term obligations.
NVX has a worse Quick ratio (0.90) than 84.55% of its industry peers.
Industry RankSector Rank
Current Ratio 0.93
Quick Ratio 0.9
NVX Yearly Current Assets VS Current LiabilitesNVX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

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3. Growth

3.1 Past

NVX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -28.68%.
Looking at the last year, NVX shows a very negative growth in Revenue. The Revenue has decreased by -24.01% in the last year.
The Revenue has been growing by 20.91% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-28.68%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%45.32%
Revenue 1Y (TTM)-24.01%
Revenue growth 3Y13.64%
Revenue growth 5Y20.91%
Sales Q2Q%-23.25%

3.2 Future

Based on estimates for the next years, NVX will show a very negative growth in Earnings Per Share. The EPS will decrease by -34.69% on average per year.
Based on estimates for the next years, NVX will show a very strong growth in Revenue. The Revenue will grow by 66.08% on average per year.
EPS Next Y26.19%
EPS Next 2Y20.27%
EPS Next 3Y21.99%
EPS Next 5Y-34.69%
Revenue Next Year2.09%
Revenue Next 2Y284.07%
Revenue Next 3Y204.67%
Revenue Next 5Y66.08%

3.3 Evolution

The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
NVX Yearly Revenue VS EstimatesNVX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 100M 200M 300M 400M
NVX Yearly EPS VS EstimatesNVX Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 -0.5 -1 -1.5 -2

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4. Valuation

4.1 Price/Earnings Ratio

NVX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year NVX is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
NVX Price Earnings VS Forward Price EarningsNVX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NVX Per share dataNVX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 -0.2 0.4 -0.4 0.6

4.3 Compensation for Growth

NVX's earnings are expected to grow with 21.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y20.27%
EPS Next 3Y21.99%

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5. Dividend

5.1 Amount

NVX does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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NOVONIX LTD-ADR

NASDAQ:NVX (11/14/2025, 8:10:42 PM)

After market: 1.1309 +0.01 (+0.97%)

1.12

+0.02 (+1.82%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)08-20 2025-08-20
Earnings (Next)02-26 2026-02-26/amc
Inst Owners7.55%
Inst Owner Change3.27%
Ins Owners3.37%
Ins Owner ChangeN/A
Market Cap235.21M
Revenue(TTM)5.93M
Net Income(TTM)-66.25M
Analysts84
Price Target1.56 (39.29%)
Short Float %2.32%
Short Ratio1.12
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-4.39%
PT rev (3m)-4.26%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)13.82%
EPS NY rev (3m)36.08%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)13.04%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 39.65
P/FCF N/A
P/OCF N/A
P/B 1.64
P/tB 1.78
EV/EBITDA N/A
EPS(TTM)-0.37
EYN/A
EPS(NY)-0.28
Fwd EYN/A
FCF(TTM)-0.45
FCFYN/A
OCF(TTM)-0.19
OCFYN/A
SpS0.03
BVpS0.68
TBVpS0.63
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -27.71%
ROE -46.06%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-22.59%
ROA(5y)-20.43%
ROE(3y)-33.39%
ROE(5y)-27.76%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score2
Asset Turnover0.02
Health
Industry RankSector Rank
Debt/Equity 0.27
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 918.33%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.93
Quick Ratio 0.9
Altman-Z -0.58
F-Score2
WACC8.52%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)574.1%
Cap/Sales(5y)444.03%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-28.68%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%45.32%
EPS Next Y26.19%
EPS Next 2Y20.27%
EPS Next 3Y21.99%
EPS Next 5Y-34.69%
Revenue 1Y (TTM)-24.01%
Revenue growth 3Y13.64%
Revenue growth 5Y20.91%
Sales Q2Q%-23.25%
Revenue Next Year2.09%
Revenue Next 2Y284.07%
Revenue Next 3Y204.67%
Revenue Next 5Y66.08%
EBIT growth 1Y-1.7%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year22.7%
EBIT Next 3Y33.82%
EBIT Next 5Y13.32%
FCF growth 1Y-371.23%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-276.15%
OCF growth 3YN/A
OCF growth 5YN/A

NOVONIX LTD-ADR / NVX FAQ

Can you provide the ChartMill fundamental rating for NOVONIX LTD-ADR?

ChartMill assigns a fundamental rating of 1 / 10 to NVX.


What is the valuation status for NVX stock?

ChartMill assigns a valuation rating of 1 / 10 to NOVONIX LTD-ADR (NVX). This can be considered as Overvalued.


How profitable is NOVONIX LTD-ADR (NVX) stock?

NOVONIX LTD-ADR (NVX) has a profitability rating of 0 / 10.


What is the earnings growth outlook for NOVONIX LTD-ADR?

The Earnings per Share (EPS) of NOVONIX LTD-ADR (NVX) is expected to grow by 26.19% in the next year.