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Friday 6 November 2026
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NOVONIX Limited Sponsored ADR
NVX Industrials Electrical Equipment & Parts
NOVONIX Limited Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $5.6 million, down 4.05% from fiscal 2024.
2.23
0.01
+0.45%
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Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | 0 | 3 | 3 | 3 | 4 | 6 | 8 | 6 | 6 | 10 | +75.6% | 3 | 300 | — | +631.0% | |
| Gross margin, % | — | (1,639.85) | 70.73 | 70.73 | 70.72 | 81.45 | 64.29 | 65.02 | 69.76 | 55.49 | (389.42) | +1,695.3 pt | ||||||
| EBT | — | (5) | (13) | (13) | (13) | (14) | (52) | (46) | (75) | (93) | (87) | +45.0% | ||||||
| EBT margin, % | — | (7,640.72) | (470.88) | (470.88) | (470.88) | (345.79) | (848.69) | (576.67) | (1,276.38) | (1,650.31) | (829.38) | +5,990.4 pt | ||||||
| Net income | — | 0 | 0 | 0 | (13) | (14) | 0 | (46) | (75) | (93) | (168) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | 0.00 | 0.00 | 0.00 | 0.84 | 0.43 | 0.53 | 0.66 | 0.47 | 0.33 | 0.00 | +87.0% | |||||
| Earnings | — | (0.04) | — | — | (3.96) | (1.47) | (4.46) | (3.80) | (6.00) | (5.60) | (0.19) | +86.4% | ||||||
| Cash flow | — | (0.03) | 0.00 | 0.00 | (1.11) | (0.67) | (2.52) | (2.97) | (3.25) | (2.48) | 0.00 | +76.4% | ||||||
| Capex | — | 0.00 | 0.00 | 0.00 | (1.08) | (2.14) | (7.22) | (1.58) | (2.41) | (3.45) | 0.00 | n/m | ||||||
| Free cash flow | — | (0.03) | 0.00 | 0.00 | (2.19) | (2.81) | (9.74) | (4.55) | (5.66) | (5.93) | 0.00 | +96.8% | ||||||
| Book value | — | 0.50 | 0.00 | 0.00 | 13.15 | 15.05 | 0.00 | 15.09 | 11.08 | 9.49 | 0.00 | +44.5% | ||||||
| Shares, m | — | 28 | — | — | 3 | 9 | 12 | 12 | 12 | 17 | — | (6.2%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| P/B | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | ||||||
| EV/Sales | — | (18.57) | (18.57) | (18.57) | (18.57) | (18.57) | (12.14) | (3.66) | 2.72 | 1.90 | 2.99 | (11.6) | ||||||
| EV/FCF | — | 6.05 | 6.05 | 6.05 | 6.05 | 6.05 | 0.47 | 0.15 | (0.16) | (0.08) | (0.12) | 3.4 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | (1) | (3) | (3) | (4) | (6) | (29) | (36) | (40) | (42) | (128) | +65.5% | |||||
| Capex | — | (1) | (2) | (2) | (4) | (20) | (84) | (19) | (30) | (59) | (132) | +64.3% | ||||||
| Free cash flow | — | (1) | (3) | (3) | (7) | (26) | (113) | (55) | (70) | (101) | (260) | +84.6% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | (8) | 25 | 25 | 25 | 104 | 108 | 52 | 11 | 6 | (3) | n/m | |||||
| Net debt | — | 7 | (25) | (25) | (23) | (92) | (58) | (10) | 28 | 20 | 31 | +13.7% | ||||||
| Shareholders’ equity | — | 14 | 45 | 45 | 45 | 138 | 226 | 184 | 138 | 162 | 157 | +35.6% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | (17.24) | (26.61) | (26.61) | (26.61) | (13.37) | 0.00 | (17.10) | (30.57) | (36.43) | 0.00 | (19.2) pt | |||||
| ROIC | — | 0.00 | (43.98) | (43.98) | (39.88) | (16.58) | 0.00 | (18.99) | (21.83) | (22.09) | 0.00 | (22.1) pt | ||||||
| ROE | — | (26.38) | 31.36 | 31.36 | (1,497.43) | (14.81) | 0.00 | (22.56) | (46.54) | (61.97) | 0.00 | (35.6) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | 165 | 112 | 202 | 192 | — | +5.2% | |||||
| Revenue/emp, $m | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.07 | 0.03 | 0.03 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Dec 2019 · fundamentals updated 26 Oct 2026
NOVONIX Limited Sponsored ADR vs peers in Electrical Equipment & Parts (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| CBAT China BAK Battery, Inc. | $90.4M | — (loss-making) | — (loss-making) | +99.26% (above 0%: growing) | n/m | +147.06% (above 0%: growing) | 1.49% | (13.93%) | Compare |
| RFIL RF Industries, Ltd. | $71.1M | 29.3× | 22.6× | +21.07% (above 0%: growing) | +225.00% (above 0%: growing) | +453.33% (above 0%: growing) | 35.63% | 7.34% | Compare |
| WBX Wallbox N.V. | $66.4M | — | — | — | n/m | +6,958.18% (above 0%: growing) | 39.84% | (47.80%) | Compare |
| NMAD Nomad Power Solutions, Inc. | $56.2M | — (loss-making) | — | — | n/m | −230.63% (below 0%: shrinking) | — | 0.00% | Compare |
| NVX NOVONIX Limited Sponsored ADR | $55.6M | — (loss-making) | — (loss-making) | +76.13% (above 0%: growing) | −297.33% (below 0%: shrinking) | −1.34% (below 0%: shrinking) | (431.26%) | 0.00% | |
| OESX Orion Energy Systems, Inc. | $55.4M | — (loss-making) | 23.6× | +8.90% (above 0%: growing) | n/m | −319.53% (below 0%: shrinking) | 28.68% | (3.38%) | Compare |
| TGEN Tecogen Inc. | $46.2M | — (loss-making) | — (loss-making) | −21.23% (below 0%: shrinking) | n/m | +11.86% (above 0%: growing) | 37.83% | (37.42%) | Compare |
| ZOOZ ZOOZ Strategy Ltd. | $41.6M | 47.3× | — | — | −300.00% (below 0%: shrinking) | +53.24% (above 0%: growing) | — | — | Compare |
| STI Solidion Technology Inc. | $37.3M | — (loss-making) | — | +3,022.50% (above 0%: growing) | n/m | −278.65% (below 0%: shrinking) | 100.00% | (1,094.72%) | Compare |
| Median of peers | $55.8M | — | — | +21.07% | — | +32.55% | 36.73% | (13.93%) |