NVX Relative Valuation
NVX's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, NVX is overvalued; if below, it's undervalued.
Historical Valuation
NOVONIX Ltd (NVX) is now in the Fair zone, suggesting that its current forward PS ratio of 3.02 is considered Fairly compared with the five-year average of -33.86. The fair price of NOVONIX Ltd (NVX) is between 1.04 to 7.48 according to relative valuation methord.
Relative Value
Fair Zone
1.04-7.48
Current Price：1.14
Fair
0.00
PE
1Y
3Y
5Y
Trailing
Forward
48.03
EV/EBITDA
NOVONIX Ltd. (NVX) has a current EV/EBITDA of 48.03. The 5-year average EV/EBITDA is -30.05. The thresholds are as follows: Strongly Undervalued below -149.12, Undervalued between -149.12 and -89.59, Fairly Valued between 29.48 and -89.59, Overvalued between 29.48 and 89.01, and Strongly Overvalued above 89.01. The current Forward EV/EBITDA of 48.03 falls within the Overvalued range.
-5.80
EV/EBIT
NOVONIX Ltd. (NVX) has a current EV/EBIT of -5.80. The 5-year average EV/EBIT is -10.16. The thresholds are as follows: Strongly Undervalued below -102.43, Undervalued between -102.43 and -56.30, Fairly Valued between 35.98 and -56.30, Overvalued between 35.98 and 82.12, and Strongly Overvalued above 82.12. The current Forward EV/EBIT of -5.80 falls within the Historic Trend Line -Fairly Valued range.
2.51
PS
NOVONIX Ltd. (NVX) has a current PS of 2.51. The 5-year average PS is 66.78. The thresholds are as follows: Strongly Undervalued below -98.35, Undervalued between -98.35 and -15.79, Fairly Valued between 149.35 and -15.79, Overvalued between 149.35 and 231.91, and Strongly Overvalued above 231.91. The current Forward PS of 2.51 falls within the Historic Trend Line -Fairly Valued range.
-130.51
P/OCF
NOVONIX Ltd. (NVX) has a current P/OCF of -130.51. The 5-year average P/OCF is -59.67. The thresholds are as follows: Strongly Undervalued below -240.63, Undervalued between -240.63 and -150.15, Fairly Valued between 30.81 and -150.15, Overvalued between 30.81 and 121.29, and Strongly Overvalued above 121.29. The current Forward P/OCF of -130.51 falls within the Historic Trend Line -Fairly Valued range.
0.00
P/FCF
NOVONIX Ltd. (NVX) has a current P/FCF of 0.00. The 5-year average P/FCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/FCF of 0.00 falls within the Strongly Undervalued range.
NOVONIX Ltd (NVX) has a current Price-to-Book (P/B) ratio of 4.95. Compared to its 3-year average P/B ratio of 2.94 , the current P/B ratio is approximately 68.75% higher. Relative to its 5-year average P/B ratio of 4.79, the current P/B ratio is about 3.43% higher. NOVONIX Ltd (NVX) has a Forward Free Cash Flow (FCF) yield of approximately -39.83%. Compared to its 3-year average FCF yield of -29.04%, the current FCF yield is approximately 37.16% lower. Relative to its 5-year average FCF yield of -19.86% , the current FCF yield is about 100.58% lower.
5.04
P/B
Median3y
2.94
Median5y
4.79
-39.31
FCF Yield
Median3y
-29.04
Median5y
-19.86
Competitors Valuation Multiple
The average P/S ratio for NVX's competitors is 1.25, providing a benchmark for relative valuation. NOVONIX Ltd Corp (NVX) exhibits a P/S ratio of 2.51, which is 100.00% above the industry average. Given its robust revenue growth of %, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of NVX increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of NVX in the past 1 year is driven by Unknown.
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FAQ
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