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NOVONIX Ltd NVNXF

Morningstar Rating
$0.61 +0.05 (9.16%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NVNXF is trading at a 272% premium.
Price
$0.61
Fair Value
$2.43
Uncertainty
Extreme
1-Star Price
$4.15
5-Star Price
$5.47
Economic Moat
Tmp
Capital Allocation
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News

Trading Information

Previous Close Price
$0.56
Day Range
$0.550.61
52-Week Range
$0.320.85
Bid/Ask
$0.55 / $0.61
Market Cap
$297.74 Mil
Volume/Avg
38,877 / 70,278

Key Statistics

Price/Earnings (Normalized)
Price/Sales
36.86
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

NOVONIX Ltd operates in the lithium-ion battery industry. The company has three operating segments namely Graphite Exploration and Mining, Battery Technology, and NOVONIX Anode Materials. Graphite Exploration and Mining segment is engaged in the exploration and development of high-grade flake graphite deposits. The NOVONIX Anode Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment and carries out research and development in battery development. The Battery Technology segment generates maximum revenue for the company.
Sector
Industrials
Industry
Electrical Equipment & Parts
Stock Style Box
Small Core
Total Number of Employees
200

Comparables

Valuation

Metric
NVNXF
NANO
300648
Price/Earnings (Normalized)
Price/Book Value
1.625.433.34
Price/Sales
36.862.99
Price/Cash Flow
31.22
Price/Earnings
NVNXF
NANO
300648

Financial Strength

Metric
NVNXF
NANO
300648
Quick Ratio
10.497.780.70
Current Ratio
11.378.271.01
Interest Coverage
−207.75−6.09
Quick Ratio
NVNXF
NANO
300648

Profitability

Metric
NVNXF
NANO
300648
Return on Assets (Normalized)
−60.70%−8.32%
Return on Equity (Normalized)
−69.91%−22.03%
Return on Invested Capital (Normalized)
−70.69%−10.11%
Return on Assets
NVNXF
NANO
300648
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