Novonix Ltd Adr Stock Revenue
| NVX Stock | USD 1.98 0.71 26.39% |
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.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 8.1 M | 8.5 M |
Novonix | Revenue |
Novonix Ltd ADR Company Revenue Analysis
Novonix's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Novonix Revenue | 8.05 M |
Most of Novonix's fundamental indicators, such as Revenue, 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.
Historical and Projected quarterly revenue of Novonix
Projected quarterly revenue analysis of Novonix Ltd ADR provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Novonix match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Novonix's stock price.
Novonix Revenue 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 Revenue. 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.
| 0.18 | -0.09 | -0.35 | 0.23 | 0.36 | ||
| 0.18 | 0.33 | -0.68 | 0.98 | 0.77 | ||
| -0.09 | 0.33 | -0.29 | 0.23 | 0.32 | ||
| -0.35 | -0.68 | -0.29 | -0.67 | -0.86 | ||
| 0.23 | 0.98 | 0.23 | -0.67 | 0.74 | ||
| 0.36 | 0.77 | 0.32 | -0.86 | 0.74 |
Click cells to compare fundamentals
Novonix Revenue Historical Pattern
Today, most investors in Novonix Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Novonix's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Novonix revenue as a starting point in their analysis.
Novonix Revenue |
| Timeline |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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Novonix Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Novonix Ltd ADR reported 8.05 M of revenue. This is 99.77% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The revenue for all United States stocks is 99.91% higher than that of the company.
Novonix Revenue 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 Revenue 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 revenue 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 Institutional Holders
Institutional Holdings refers to the ownership stake in Novonix that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Novonix's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Novonix's value.| Shares | Simplex Trading, Llc | 2024-09-30 | 673 | Rise Advisors, Llc | 2024-09-30 | 456 | Tortoise Investment Management, Llc | 2024-09-30 | 250 | Dinuzzo Private Wealth Inc | 2024-09-30 | 250 | Rhumbline Advisers | 2024-09-30 | 102 | Principal Securities Inc | 2024-09-30 | 100.0 | Susquehanna International Group, Llp | 2024-06-30 | 0.0 | Savvy Advisors Inc | 2024-06-30 | 0.0 | Citadel Advisors Llc | 2024-09-30 | 0.0 | Millennium Management Llc | 2024-09-30 | 661.6 K | Goldman Sachs Group Inc | 2024-09-30 | 204.6 K |
Novonix Fundamentals
| Return On Equity | -0.26 | |||
| Return On Asset | -0.12 | |||
| Operating Margin | (10.92) % | |||
| Current Valuation | 298.03 M | |||
| Shares Outstanding | 141.96 M | |||
| Shares Owned By Institutions | 0.81 % | |||
| Number Of Shares Shorted | 78.3 K | |||
| Price To Earning | 5.23 X | |||
| Price To Book | 1.78 X | |||
| Price To Sales | 40.78 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 | 1.38 X | |||
| Earnings Per Share | (0.39) X | |||
| Target Price | 3.31 | |||
| Beta | 1.55 | |||
| Market Capitalization | 280.38 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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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.