Novonix Ltd

Company Profile

Novonix Ltd had its IPO on under the ticker symbol NVNXF.

The company operates in the Industrials sector and Electrical Equipment & Parts industry. Novonix Ltd has a staff strength of 0 employees.

Stock update

Shares of Novonix Ltd opened at $0.44 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.44 - $0.5, and closed at $0.47.

This is a -7.84% slip from the previous day's closing price.

A total volume of 142,400 shares were traded at the close of the day’s session.

In the last one week, shares of Novonix Ltd have slipped by -27.69%.

Novonix Ltd's Key Ratios

Novonix Ltd has a market cap of $292.23 million, indicating a price to book ratio of 2.4897 and a price to sales ratio of 69.8524.

In the last 12-months Novonix Ltd’s revenue was $6.15 million with a gross profit of $2.77 million and an EBITDA of $-54517044. The EBITDA ratio measures Novonix Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Novonix Ltd’s operating margin was -962.3% while its return on assets stood at -11.93% with a return of equity of -23.66%.

In Q2, Novonix Ltd’s quarterly earnings growth was a positive 0% while revenue growth was a positive 23.3%.

Novonix Ltd’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.09 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Novonix Ltd’s profitability.

Novonix Ltd stock is trading at a EV to sales ratio of 63.5234 and a EV to EBITDA ratio of -8.4083. Its price to sales ratio in the trailing 12-months stood at 69.8524.

Novonix Ltd stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$280.89 million

Total Liabilities

$6.22 million

Operating Cash Flow

$0

Capital Expenditure

$6.25 million

Dividend Payout Ratio

0%

Novonix Ltd ended 2024 with $280.89 million in total assets and $0 in total liabilities. Its intangible assets were valued at $280.89 million while shareholder equity stood at $201.96 million.

Novonix Ltd ended 2024 with $0 in deferred long-term liabilities, $6.22 million in other current liabilities, in common stock, $-166698325.00 in retained earnings and $11.98 million in goodwill. Its cash balance stood at $99.08 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $62.98 million.

Novonix Ltd’s total current assets stands at $108.58 million while long-term investments were $16.02 million and short-term investments were $0. Its net receivables were $2.33 million compared to accounts payable of $4.37 million and inventory worth $2.57 million.

In 2024, Novonix Ltd's operating cash flow was $0 while its capital expenditure stood at $6.25 million.

Comparatively, Novonix Ltd paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.47

52-Week High

$2.12

52-Week Low

$0.44

Analyst Target Price

$

Novonix Ltd stock is currently trading at $0.47 per share. It touched a 52-week high of $2.12 and a 52-week low of $2.12. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.64 and 200-day moving average was $0.88 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 2752.5% of the company’s stock are held by insiders while 944.4% are held by institutions.