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NOVONIX LTD-ADR (NVX) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:NVX - US67010L1008 - ADR

1.14 USD
-0.22 (-16.18%)
Last: 1/16/2026, 8:00:01 PM
1.16 USD
+0.02 (+1.75%)
After Hours: 1/16/2026, 8:00:01 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to NVX. NVX was compared to 125 industry peers in the Electronic Equipment, Instruments & Components industry. NVX has a bad profitability rating. Also its financial health evaluation is rather negative. NVX is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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 2016 2017 2018 2019 2020 2021 2022 2023 2024 -20M -40M -60M -80M -100M

1.2 Ratios

  • NVX has a Return On Assets of -27.71%. This is in the lower half of the industry: NVX underperforms 74.19% of its industry peers.
  • With a Return On Equity value of -46.06%, NVX is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
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 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 -2K -4K -6K

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1

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 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

  • Based on the Altman-Z score of -0.55, we must say that NVX is in the distress zone and has some risk of bankruptcy.
  • NVX's Altman-Z score of -0.55 is on the low side compared to the rest of the industry. NVX is outperformed by 78.23% of its industry peers.
  • A Debt/Equity ratio of 0.27 indicates that NVX is not too dependend on debt financing.
  • NVX's Debt to Equity ratio of 0.27 is in line compared to the rest of the industry. NVX outperforms 42.74% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.27
Debt/FCF N/A
Altman-Z -0.55
ROIC/WACCN/A
WACC13.06%
NVX Yearly LT Debt VS Equity VS FCFNVX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M

2.3 Liquidity

  • A Current Ratio of 0.93 indicates that NVX may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.93, NVX is doing worse than 91.94% of the companies in the same industry.
  • NVX has a Quick 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.
  • With a Quick ratio value of 0.90, NVX is not doing good in the industry: 83.06% of the companies in the same industry are doing better.
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 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%.
  • The Revenue for NVX has decreased by -24.01% in the past year. This is quite bad
  • NVX shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.91% yearly.
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

  • NVX is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -34.69% yearly.
  • The Revenue is expected to grow by 66.08% on average over the next years. This is a very strong growth
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

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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

  • The Price/Earnings Ratio is negative for NVX. In the last year negative earnings were reported.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NVX. No positive earnings are expected for the next year.
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 40

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

  • A more expensive valuation may be justified as NVX's earnings are expected to grow with 21.99% in the coming years.
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

  • No dividends for NVX!.
Industry RankSector Rank
Dividend Yield 0%

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NOVONIX LTD-ADR

NASDAQ:NVX (1/16/2026, 8:00:01 PM)

After market: 1.16 +0.02 (+1.75%)

1.14

-0.22 (-16.18%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)08-20
Earnings (Next)02-26
Inst Owners12.08%
Inst Owner Change1.91%
Ins Owners2.68%
Ins Owner ChangeN/A
Market Cap239.42M
Revenue(TTM)5.93M
Net Income(TTM)-66.25M
Analysts84
Price Target1.43 (25.44%)
Short Float %1.43%
Short Ratio1.12
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)-7.32%
PT rev (3m)-11.95%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)13.82%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 40.36
P/FCF N/A
P/OCF N/A
P/B 1.66
P/tB 1.82
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 -0.55
F-Score2
WACC13.06%
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

What is the ChartMill fundamental rating of NOVONIX LTD-ADR (NVX) stock?

ChartMill assigns a fundamental rating of 2 / 10 to NVX.


Can you provide the valuation status for NOVONIX LTD-ADR?

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.


Can you provide the financial health for NVX stock?

The financial health rating of NOVONIX LTD-ADR (NVX) is 1 / 10.