Company Overview
NOVONIX Limited, a battery technology and materials company, provides products and mission critical services in North America, Asia, Australia, and Europe. It operates through Battery Materials, Battery Technology, and Graphite Exploration segments. The company develops and manufactures battery anode materials and battery cell testing equipment; performs consulting services; and carries out research and development in battery development. It also manages, maintenance, and develops Mount Dromedary natural graphite deposit located in Northern Queensland, Australia. In addition, the company is involved in investment and management, and real estate borrowing activities, as well as battery technology activities. It serves battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers. 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.
Recent Developments
- Dec 2025 Revenue of $5.62M (-4.1% YoY); net profit $-92.73M.
- Trailing 12 Months Year-on-year growth — revenue -4.0%.
- 5-Year Trend Long-term compounding — revenue CAGR -2.7%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -2.72% |
| 1 Year: | -4.05% |
Stock Price Performance
| 1 Year: | +102.20% |
| 6 Months: | -66.75% |
| 3 Months: | -54.75% |
| 1 Month: | -32.19% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)27.47 · Oversold
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
No notable strengths flagged.
CONS
- Revenue declined at -2.7% CAGR over 5 years.
- Trading 90.6% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NVX NOVONIX Limited | 2.76 | -0.49 | $68.85M | 0.00% | -24.32% | -65.64% | -2.72% | - |
| 2 | SPCX Space Exploration Technologies Corp. R3KAIDEFENCE | 153.47 | -139.52 | $1.16T | 0.00% | -3.22% | -11.95% | 34.08% | -3.34% |
| 3 | CAT Caterpillar Inc. SPXR3K | 822.48 | 35.47 | $378.07B | 0.79% | 17.98% | 56.97% | 2.29% | 5.24% |
| 4 | GE GE Aerospace SPXR3KDEFENCE | 334.91 | 39.40 | $347.49B | 0.60% | 9.52% | 48.23% | -7.42% | -5.36% |
| 5 | RTX RTX Corporation SPXR3KDEFENCE | 198.81 | 35.06 | $267.95B | 1.51% | 8.28% | 12.27% | 2.61% | 2.62% |
| 6 | GEV GE Vernova Inc. SPXR3KAI | 971.31 | 27.86 | $258.69B | 0.22% | 6.30% | 82.58% | 8.68% | - |
| 7 | DE Deere & Company SPXR3K | 680.73 | 37.88 | $183.54B | 0.95% | 12.53% | 18.24% | 3.43% | 5.10% |
| 8 | UNP Union Pacific Corporation SPXR3K | 288.45 | 23.38 | $171.36B | 2.01% | 15.22% | 39.70% | 2.30% | 7.77% |
| 9 | BA The Boeing Company SPXR3KDEFENCE | 210.73 | 75.80 | $166.43B | 0.00% | -9.01% | - | 1.67% | -3.28% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Profit & Loss (Annual)
Figures in USD.
| Metric | Jun 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 6.10M | 8.05M | 5.85M | 5.62M |
| Cost of Revenue | 1.72M | 2.82M | 1.77M | 2.50M |
| Gross Profit | 4.38M | 5.24M | 4.08M | 3.12M |
| Operating Expenses | 52.42M | 53.47M | 55.60M | 51.61M |
| Operating Income | -48.04M | -48.23M | -51.52M | -48.49M |
| EBITDA | -46.18M | -38.86M | -66.61M | -76.24M |
| Interest Expense | 1.47M | 2.85M | 3.54M | 11.89M |
| Pretax Income | -51.86M | -46.45M | -74.72M | -92.70M |
| Tax Provision | 0 | -199.95K | 97.69K | 25.54K |
| Net Income | -51.86M | -46.25M | -74.82M | -92.73M |
| Diluted EPS | -42.38 | -0.36 | -0.60 | -0.56 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Jun 2022 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 277.42M | 263.34M | 226.10M | 282.92M |
| Current Assets | - | 116.15M | 89.15M | 57.30M | 89.16M |
| Cash & Equivalents | - | 99.04M | 78.71M | 42.56M | 79.87M |
| Inventory | - | 3.17M | 2.00M | 1.38M | 2.18M |
| Receivables | - | 2.33M | 3.03M | 1.63M | 1.36M |
| Total Liabilities | - | 51.37M | 79.41M | 88.51M | 121.25M |
| Current Liabilities | - | 8.47M | 37.26M | 46.24M | 83.56M |
| Long Term Debt | - | 35.08M | 34.67M | 32.78M | 31.78M |
| Total Debt | - | 41.34M | 69.39M | 71.45M | 100.34M |
| Total Equity | - | 226.06M | 183.94M | 137.59M | 161.67M |
| Shares Outstanding | - | 486.77M | 488.73M | 567.94M | 840.07M |
Cash Flows (Annual)
Figures in USD.
| Metric | Jun 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| Operating Cash Flow | -29.23M | -36.23M | -40.42M | -42.20M |
| Investing Cash Flow | -106.80M | -11.74M | -18.17M | -32.86M |
| Financing Cash Flow | 180.69M | 29.31M | 25.21M | 109.90M |
| Capital Expenditure | -83.79M | -19.20M | -29.91M | -60.18M |
| Free Cash Flow | -113.02M | -55.42M | -70.32M | -102.38M |
| Net Change in Cash | 44.66M | -18.65M | -33.38M | 34.84M |
Ratios (Annual)
Figures in %.
| Metric | Jun 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| Gross Margin % | 71.7% | 65.0% | 69.8% | 55.5% |
| Operating Margin % | -787.4% | -598.8% | -880.0% | -863.2% |
| Net Margin % | -850.0% | -574.2% | -1,278.0% | -1,650.8% |
| ROE % | - | -25.1% | -54.4% | -57.4% |
| ROCE % | - | -21.3% | -28.6% | -24.3% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | UBS Group AG | 0.50% | 124.16K | $358.19K |
| 2 | Forest Avenue Capital Management LP | 0.48% | 118.98K | $343.25K |
| 3 | Marshall Wace LLP | 0.08% | 19.75K | $56.98K |
| 4 | Jane Street Group, LLC | 0.05% | 12.57K | $36.26K |
| 5 | Citadel Advisors Llc | 0.05% | 12.05K | $34.77K |
| 6 | Bank of America Corporation | 0.04% | 10.83K | $31.24K |
| 7 | Xtx Topco Ltd | 0.04% | 10.77K | $31.08K |
| 8 | Morgan Stanley | 0.03% | 6.32K | $18.23K |
| 9 | Virtu Financial LLC | 0.02% | 4.98K | $14.37K |
| 10 | Vanguard Personalized Indexing Management, LLC | 0.02% | 4.23K | $12.21K |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for NVX
NVX: 1H Report: Highlights Milestones as NVX Develops North American Supply Chain to Support Battery / Other Sectors
By M. Marin NASDAQ: NVX READ THE FULL NVX RESEARCH REPORT NVX delivered C-sample of material to Panasonic Energy and strengthened its balance sheet as it moves forward to fulfill Panasonic offtake agreement & grow its customer base Novonix …
NOVONIX Selected for South Korea-U.S. Infrastructure Initiative
CHATTANOOGA, Tenn., Sept. 01, 2026 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) ("NOVONIX" or the "Company"), a leading battery materials company, welcomes the announcement by the Republic of Korea’s Ministry of Land, Infrast…
NV Gold Announces Closing of First Tranche of Non-Brokered Private Placement
Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.VANCOUVER, BC / ACCESS Newswire / August 31, 2026 /…
NOVONIX Delivers Mass Production AAM Sample to Panasonic
CHATTANOOGA, Tenn., June 11, 2026 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials company, today announced the delivery of a mass production qualification sample (“C-samp…
NOVONIX Divests Non-Core Business to Focus on Synthetic Graphite
CHATTANOOGA, Tenn., April 30, 2026 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials company, today announced that it has finalized and closed the previously announced sale…
NOVONIX US$103 Million 48C Tax Credits Certified for Synthetic Graphite Facility
CHATTANOOGA, Tenn., April 09, 2026 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a leading battery materials company, today announced that the U.S. Government has certified its Riverside project i…
NVX — Frequently Asked Questions
What is the current share price of NOVONIX Limited (NVX)?
As of 2026-09-19 21:16 PDT, NOVONIX Limited (NVX) trades at $2.76 on NasdaqGM. Its 52-week range is $1.20 to $29.40.
What is the market capitalisation of NVX?
NOVONIX Limited (NVX) has a market capitalisation of $68.85M on NasdaqGM.
What is the P/E ratio of NVX?
NVX trades at a trailing price-to-earnings (P/E) ratio of -0.49. The industry average P/E is 26.00. Its price-to-book (P/B) ratio is 0.45.
What is the return on equity (ROE) of NVX?
NVX has a return on equity (ROE) of -65.64%. Its return on capital employed (ROCE) is -24.32%.
Is NVX a good stock to buy?
This page provides a data-driven analysis of NOVONIX Limited (NVX), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.