Novonix Ltd Adr Stock Fundamentals
| NVX Stock | USD 1.23 0.07 5.38% |
Novonix Ltd ADR fundamentals help investors to digest information that contributes to Novonix's financial success or failures. It also enables traders to predict the movement of Novonix Stock. The fundamental analysis module provides a way to measure Novonix's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Novonix stock.
At this time, Novonix's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 3.4 M in 2025, despite the fact that Operating Income is likely to grow to (38.9 M). Novonix | Select Account or Indicator |
Novonix Ltd ADR Company Return On Equity Analysis
Novonix's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Novonix Return On Equity | -0.26 |
Most of Novonix's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Novonix Ltd ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Novonix Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Novonix Ltd ADR has a Return On Equity of -0.2603. This is 159.16% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The return on equity for all United States stocks is 16.03% lower than that of the firm.
Novonix Ltd ADR Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Novonix's current stock value. Our valuation model uses many indicators to compare Novonix value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Novonix competition to find correlations between indicators driving Novonix's intrinsic value. More Info.Novonix Ltd ADR is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . At this time, Novonix's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Novonix's earnings, one of the primary drivers of an investment's value.Novonix Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Novonix's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Novonix could also be used in its relative valuation, which is a method of valuing Novonix by comparing valuation metrics of similar companies.Novonix is currently under evaluation in return on equity category among its peers.
Novonix Current Valuation Drivers
We derive many important indicators used in calculating different scores of Novonix from analyzing Novonix's financial statements. These drivers represent accounts that assess Novonix's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Novonix's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 1.0B | 1.1B | 487.5M | 244.4M | 219.9M | 323.3M | |
| Enterprise Value | 914.4M | 958.5M | 444.9M | 197.1M | 177.4M | 298.8M |
Novonix Fundamentals
| Return On Equity | -0.26 | ||||
| Return On Asset | -0.12 | ||||
| Operating Margin | (10.92) % | ||||
| Current Valuation | 237.07 M | ||||
| Shares Outstanding | 158.85 M | ||||
| Shares Owned By Institutions | 0.60 % | ||||
| Number Of Shares Shorted | 738.78 K | ||||
| Price To Earning | 5.23 X | ||||
| Price To Book | 1.33 X | ||||
| Price To Sales | 30.44 X | ||||
| Revenue | 8.05 M | ||||
| Gross Profit | 5.82 M | ||||
| EBITDA | (38.86 M) | ||||
| Net Income | (46.25 M) | ||||
| Cash And Equivalents | 207.08 M | ||||
| Cash Per Share | 1.71 X | ||||
| Total Debt | 68.22 M | ||||
| Debt To Equity | 0.17 % | ||||
| Current Ratio | 20.56 X | ||||
| Book Value Per Share | 0.32 X | ||||
| Cash Flow From Operations | (36.23 M) | ||||
| Short Ratio | 3.95 X | ||||
| Earnings Per Share | (0.26) X | ||||
| Target Price | 3.3 | ||||
| Beta | 1.44 | ||||
| Market Capitalization | 209.25 M | ||||
| Total Asset | 263.34 M | ||||
| Retained Earnings | (271.21 M) | ||||
| Working Capital | 81.31 M | ||||
| Net Asset | 263.34 M |
About Novonix Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Novonix Ltd ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Novonix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Novonix Ltd ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 174.8 K | 220.1 K | |
| Total Revenue | 9.3 M | 9.7 M | |
| Cost Of Revenue | 4.8 M | 5.2 M | |
| Stock Based Compensation To Revenue | 0.36 | 0.34 | |
| Sales General And Administrative To Revenue | 2.89 | 2.75 | |
| Research And Ddevelopement To Revenue | 0.82 | 0.87 | |
| Capex To Revenue | 1.82 | 1.73 | |
| Revenue Per Share | 0.02 | 0.02 | |
| Ebit Per Revenue | (3.37) | (3.54) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Novonix Stock Analysis
When running Novonix's price analysis, check to measure Novonix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novonix is operating at the current time. Most of Novonix's value examination focuses on studying past and present price action to predict the probability of Novonix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novonix's price. Additionally, you may evaluate how the addition of Novonix to your portfolios can decrease your overall portfolio volatility.