Novonix Ltd Adr Stock Price To Earnings To Growth

NVX Stock

USD 1.65 0.01 0.61%

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.

Total Stockholder Equity Total Current Liabilities

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Novonix Ltd ADR Company Price To Earnings To Growth Analysis

Novonix's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

PEG Ratio

PE Ratio

EPS Growth

More About Price To Earnings To Growth | All Equity Analysis

Novonix Price To Earnings To Growth Driver Correlations

Understanding the fundamental principles of building solid financial models for Novonix is extremely important. It helps to project a fair market value of Novonix Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since Novonix's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Novonix's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Novonix's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Common Stock	Good Will	Short Term Debt	Intangible Assets	Net Tangible Assets	Long Term Debt	Net Invested Capital	Long Term Investments	Short Long Term Debt	Net Working Capital	Property Plant Equipment	Current Deferred Revenue	Capital Stock	Short Term Investments
Total Assets		0.99	-0.75	-0.76	0.88	0.87	0.82	0.95	0.94	0.2	-0.37	0.41	0.45	0.32	0.26	-0.05	-0.13	0.43	0.25	0.01	0.14	-0.35
Total Stockholder Equity	0.99		-0.81	-0.72	0.89	0.85	0.78	0.97	0.93	0.22	-0.4	0.46	0.41	0.27	0.26	-0.1	-0.15	0.45	0.21	0.03	0.14	-0.31
Net Debt	-0.75	-0.81		0.27	-0.68	-0.48	-0.34	-0.91	-0.61	-0.39	0.36	-0.72	-0.07	0.16	-0.18	0.39	0.17	-0.49	0.11	-0.11	-0.01	-0.09
Retained Earnings	-0.76	-0.72	0.27		-0.62	-0.97	-0.98	-0.62	-0.91	-0.16	0.35	-0.09	-0.66	-0.59	-0.1	0.02	0.07	-0.14	-0.44	-0.09	-0.04	0.85
Accounts Payable	0.88	0.89	-0.68	-0.62		0.76	0.72	0.84	0.84	0.08	-0.34	0.43	0.36	0.29	0.3	0.12	0.06	0.51	0.18	-0.03	0.12	-0.25
Net Receivables	0.87	0.85	-0.48	-0.97	0.76		0.97	0.77	0.98	0.14	-0.39	0.25	0.59	0.48	0.12	-0.09	-0.1	0.24	0.35	0.1	0.06	-0.75
Total Liab	0.82	0.78	-0.34	-0.98	0.72	0.97		0.68	0.95	0.1	-0.28	0.09	0.67	0.63	0.19	0.09	-0.05	0.24	0.48	-0.02	0.1	-0.8
Total Current Assets	0.95	0.97	-0.91	-0.62	0.84	0.77	0.68		0.87	0.34	-0.39	0.57	0.33	0.15	0.23	-0.22	-0.14	0.47	0.12	0.06	0.06	-0.23
Common Stock	0.94	0.93	-0.61	-0.91	0.84	0.98	0.95	0.87		0.2	-0.41	0.31	0.59	0.47	0.22	-0.05	-0.14	0.37	0.37	0.04	0.12	-0.64
Good Will	0.2	0.22	-0.39	-0.16	0.08	0.14	0.1	0.34	0.2		-0.45	0.29	0.11	0.04	0.09	-0.3	0.12	0.18	0.04	0.2	-0.31	-0.07
Short Term Debt	-0.37	-0.4	0.36	0.35	-0.34	-0.39	-0.28	-0.39	-0.41	-0.45		-0.2	-0.12	0.01	0.05	0.24	0.22	-0.07	0.04	-0.23	-0.06	0.21
Intangible Assets	0.41	0.46	-0.72	-0.09	0.43	0.25	0.09	0.57	0.31	0.29	-0.2		0.02	-0.25	0.13	-0.39	-0.03	0.44	-0.23	0.08	-0.01	0.16
Net Tangible Assets	0.45	0.41	-0.07	-0.66	0.36	0.59	0.67	0.33	0.59	0.11	-0.12	0.02		0.94	0.75	0.43	-0.48	0.65	0.94	-0.28	0.63	-0.65
Long Term Debt	0.32	0.27	0.16	-0.59	0.29	0.48	0.63	0.15	0.47	0.04	0.01	-0.25	0.94		0.7	0.65	-0.28	0.52	0.96	-0.4	0.57	-0.63
Net Invested Capital	0.26	0.26	-0.18	-0.1	0.3	0.12	0.19	0.23	0.22	0.09	0.05	0.13	0.75	0.7		0.6	-0.51	0.92	0.82	-0.44	0.79	-0.01
Long Term Investments	-0.05	-0.1	0.39	0.02	0.12	-0.09	0.09	-0.22	-0.05	-0.3	0.24	-0.39	0.43	0.65	0.6		0.05	0.36	0.62	-0.75	0.59	-0.01
Short Long Term Debt	-0.13	-0.15	0.17	0.07	0.06	-0.1	-0.05	-0.14	-0.14	0.12	0.22	-0.03	-0.48	-0.28	-0.51	0.05		-0.48	-0.49	-0.06	-0.72	0.09
Net Working Capital	0.43	0.45	-0.49	-0.14	0.51	0.24	0.24	0.47	0.37	0.18	-0.07	0.44	0.65	0.52	0.92	0.36	-0.48		0.63	-0.3	0.67	0.03
Property Plant Equipment	0.25	0.21	0.11	-0.44	0.18	0.35	0.48	0.12	0.37	0.04	0.04	-0.23	0.94	0.96	0.82	0.62	-0.49	0.63		-0.42	0.71	-0.5
Current Deferred Revenue	0.01	0.03	-0.11	-0.09	-0.03	0.1	-0.02	0.06	0.04	0.2	-0.23	0.08	-0.28	-0.4	-0.44	-0.75	-0.06	-0.3	-0.42		-0.57	-0.04
Capital Stock	0.14	0.14	-0.01	-0.04	0.12	0.06	0.1	0.06	0.12	-0.31	-0.06	-0.01	0.63	0.57	0.79	0.59	-0.72	0.67	0.71	-0.57		-0.02
Short Term Investments	-0.35	-0.31	-0.09	0.85	-0.25	-0.75	-0.8	-0.23	-0.64	-0.07	0.21	0.16	-0.65	-0.63	-0.01	-0.01	0.09	0.03	-0.5	-0.04	-0.02

Click cells to compare fundamentals

Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.

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Novonix Price Earnings To Growth Ratio

Price Earnings To Growth Ratio

(0.0582)

At this time, Novonix's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Based on the latest financial disclosure, Novonix Ltd ADR has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Machinery sector and about the same as Industrials (which currently averages 0.0) industry. The price to earnings to growth for all United States stocks is 100.0% higher than that of the company.

Novonix Price To Earnings To Growth 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 Price To Earnings To Growth 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 price to earnings to growth 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.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	404.1M	1.0B	1.1B	487.5M	244.4M	323.3M
Enterprise Value	376.6M	914.4M	958.5M	444.9M	197.1M	298.8M

Novonix Fundamentals

	Return On Equity	-0.26
	Return On Asset	-0.12
	Operating Margin	(10.92) %
	Current Valuation	256.8 M
	Shares Outstanding	141.99 M
	Shares Owned By Institutions	0.70 %
	Number Of Shares Shorted	243.55 K
	Price To Earning	5.23 X
	Price To Book	1.49 X
	Price To Sales	34.08 X
	Revenue	8.05 M
	Gross Profit	2.77 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	2.31 X
	Earnings Per Share	(0.33) X
	Target Price	3.3
	Beta	1.55
	Market Capitalization	234.28 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.

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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.

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