NOVONIX Ltd (NVX) is now in the Undervalued zone, suggesting that its current forward PS ratio of 2.39 is considered Undervalued compared with the five-year average of -33.51. The fair price of NOVONIX Ltd (NVX) is between 1.51 to 8.55 according to relative valuation method. Compared to the current price of 0.88 USD , NOVONIX Ltd By Undervalued By 41.54%.

Relative Value

Fair Zone

1.51-8.55

Current Price：0.88

41.54%

Undervalued

P/E

EV/EBITDA

EV/EBIT

P/S

P/OCF

P/FCF

Trailing

Forward

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NOVONIX Ltd (NVX) has a current Price-to-Book (P/B) ratio of 4.82. Compared to its 3-year average P/B ratio of 3.02, the current P/B ratio is approximately 59.48% higher. Relative to its 5-year average P/B ratio of 4.43, the current P/B ratio is about 8.89% higher. NOVONIX Ltd (NVX) has a Forward Free Cash Flow (FCF) yield of approximately -40.72%. Compared to its 3-year average FCF yield of -30.38%, the current FCF yield is approximately 34.01% lower. Relative to its 5-year average FCF yield of -21.00%, the current FCF yield is about 93.93% lower.

Competitors Valuation Multiple

AI Analysis

The average P/S ratio for NVX competitors is 16.72, providing a benchmark for relative valuation. NOVONIX Ltd Corp (NVX.O) exhibits a P/S ratio of 2.39, which is -85.69% above the industry average. Given its robust revenue growth of %, this premium appears unsustainable.

P/E

P/S

EV/EBITDA

EV/EBIT

Earnings Growth

Market Cap

Performance Decomposition

AI Analysis

Market capitalization of NVX increased by 0.00% over the past 1 year(s). 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(s) is driven by Unknown.

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Frequently Asked Questions

Is NVX currently overvalued or undervalued?

What is NOVONIX Ltd (NVX) fair value?

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. The fair price of NOVONIX Ltd (NVX) is between 1.51 to 8.55 according to relative valuation method.

How does NVX's valuation metrics compare to the industry average?

The average P/S ratio for NVX's competitors is 16.72, providing a benchmark for relative valuation. NOVONIX Ltd Corp (NVX) exhibits a P/S ratio of 2.39, which is -85.69% above the industry average. Given its robust revenue growth of %, this premium appears unsustainable.

What is the current P/B ratio for NOVONIX Ltd (NVX) as of Mar 03 2026?

As of Mar 03 2026, NOVONIX Ltd (NVX) has a P/B ratio of 4.82. This indicates that the market values NVX at 4.82 times its book value.

What is the current FCF Yield for NOVONIX Ltd (NVX) as of Mar 03 2026?

As of Mar 03 2026, NOVONIX Ltd (NVX) has a FCF Yield of -40.72%. This means that for every dollar of NOVONIX Ltd's market capitalization, the company generates -40.72 cents in free cash flow.

What is the current Forward P/E ratio for NOVONIX Ltd (NVX) as of Mar 03 2026?

As of Mar 03 2026, NOVONIX Ltd (NVX) has a Forward P/E ratio of 0.00. This means the market is willing to pay $0.00 for every dollar of NOVONIX Ltd's expected earnings over the next 12 months.

What is the current Forward P/S ratio for NOVONIX Ltd (NVX) as of Mar 03 2026?

As of Mar 03 2026, NOVONIX Ltd (NVX) has a Forward P/S ratio of 2.39. This means the market is valuing NVX at $2.39 for every dollar of expected revenue over the next 12 months.

NVX Valuation