NOVONIX Ltd (AU:NVX)
ASX:NVX
Want to see AU:NVX full AI Analyst Report?
NVX Stock Chart & Stats
AU$0.75
-AU$0.04(-5.19%)
At close: 4:00 PM EST
AU$0.75
-AU$0.04(-5.19%)
Day’s Range― - ―
52-Week RangeAU$0.22 - AU$1.02
Previous CloseN/A
Volume2.91M
Average Volume (3M)4.26M
Market Cap
AU$189.69M
Enterprise ValueAU$166.55M
Total Cash (Recent Filing)AU$42.56M
Total Debt (Recent Filing)AU$70.42M
Price to Earnings (P/E)―
Beta2.60
Next Earnings
Aug 20, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.15
Shares Outstanding862,227,800
10 Day Avg. Volume3,337,951
30 Day Avg. Volume4,257,492
Financial Highlights & Ratios
PEG Ratio0.45
Price to Book (P/B)1.82
Price to Sales (P/S)49.25
P/FCF Ratio-2.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.06
Revenue Forecast (FY)AU$147.40M
Bulls Say, Bears Say
Bulls Say
Diversified Business ModelNOVONIX operates two complementary businesses: synthetic graphite anodes and battery testing equipment/services. This structural diversification reduces reliance on a single revenue stream, with materials capturing EV supply-chain demand and testing providing recurring/project service revenue that stabilizes cash flow as manufacturing scales.
Strong Recent Revenue GrowthThe company reported ~49% year-over-year revenue growth in the latest annual period, demonstrating tangible commercial traction across materials and testing. Sustained top-line expansion reflects structural demand from EV and energy-storage markets and creates the potential for scale economies if production efficiency and customer qualifications progress.
Positive Equity BaseNOVONIX retains positive shareholders' equity and, in absolute terms, is not yet highly leveraged, providing a financial buffer to absorb operating losses. This structural headroom supports continued investment in capacity, customer qualification and R&D over the medium term without immediate insolvency pressure.
Bears Say
Persistent Negative Cash GenerationOperating cash flow has been negative consistently and free cash flow is deeply negative, indicating ongoing cash burn. Reliance on external financing to fund operations and capex is likely; absent improved cash conversion, the company may face runway constraints that limit scaling, contract fulfillment and strategic flexibility over the next several quarters.
Deteriorating ProfitabilityA sharp swing to negative gross profit and materially wider net losses point to severe margin pressure from production costs, yield issues or pricing. This erosion undermines the path to operating leverage: even with revenue growth, persistent negative margins threaten the feasibility of a sustainable, profitable business model without cost or pricing remediation.
Rising Leverage And Negative ReturnsDebt has increased notably and debt-to-equity is higher while ROE is deeply negative, elevating financial risk. Higher leverage raises fixed servicing costs and refinancing exposure; combined with negative returns, this increases the likelihood of dilutive capital raises or restrictive financing terms that could impair long-term investment and growth strategies.
NOVONIX Ltd News
NVX FAQ
What was NOVONIX Ltd’s price range in the past 12 months?
NOVONIX Ltd lowest share price was AU$0.22 and its highest was AU$1.01 in the past 12 months.
What is NOVONIX Ltd’s market cap?
NOVONIX Ltd’s market cap is AU$189.69M.
When is NOVONIX Ltd’s upcoming earnings report date?
NOVONIX Ltd’s upcoming earnings report date is Aug 20, 2026 which is in 91 days.
How were NOVONIX Ltd’s earnings last quarter?
NOVONIX Ltd released its earnings results on Feb 26, 2026. The company reported -AU$0.159 earnings per share for the quarter, missing the consensus estimate of -AU$0.056 by -AU$0.103.
Is NOVONIX Ltd overvalued?
According to Wall Street analysts NOVONIX Ltd’s price is currently Overvalued.
Does NOVONIX Ltd pay dividends?
NOVONIX Ltd does not currently pay dividends.
What is NOVONIX Ltd’s EPS estimate?
NOVONIX Ltd’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does NOVONIX Ltd have?
NOVONIX Ltd has 862,227,800 shares outstanding.
What happened to NOVONIX Ltd’s price movement after its last earnings report?
NOVONIX Ltd reported an EPS of -AU$0.159 in its last earnings report, missing expectations of -AU$0.056. Following the earnings report the stock price went down -2.899%.
Which hedge fund is a major shareholder of NOVONIX Ltd?
Currently, no hedge funds are holding shares in AU:NVX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
NOVONIX Ltd Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Blogger Sentiment
Bullish
AU:NVX Sentiment 81%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth AU$61.3K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-35.14%
12-Months-Change
Fundamentals
Return on Equity
-70.19%
Trailing 12-Months
Asset Growth
25.13%
Trailing 12-Months
Company Description
NOVONIX Ltd
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. The Battery Technology segment develops battery cell testing equipment and batteries, and consulting services. The Battery Materials segment develops and manufactures battery anode materials. The company is also involved in the investment and battery testing activities. The company was formerly known as Graphitecorp Limited and changed its name to Novonix Limited in July 2017. Novonix Limited was incorporated in 2012 and is based in Brisbane, Australia.
Technical Analysis
Sunrise Energy Metals
―
Lithium Australia NL
―
Neometals Ltd
―
Suvo Strategic Minerals
―
Li-S Energy Ltd
―
Options Prices
Currently, No data available
---