Novonix Ltd. Sponsored ADR
NOVONIX Ltd. Sponsored ADR is a battery technology and materials company focused on the lithium-ion battery supply chain. NOVONIX develops and manufactures synthetic graphite anode materials, battery cell testing equipment, and related consulting and research services for customers in the battery, electric vehicle, electronics, and energy storage sectors. Its operations are organized around battery materials, battery technology, and graphite exploration, reflecting a business model that combines advanced materials development with testing and engineering capabilities. The company also has activities connected to graphite resource development, which supports its materials-focused operations. NOVONIX Ltd. Sponsored ADR serves industrial and technology customers across North America, Asia, Australia, and Europe, playing a specialized role in supporting battery performance, qualification, and manufacturing workflows.
$2.13
+$0.02 (+0.95%)
EOD Oct 21, 2026
The business is unprofitable at the operating level (-863.23% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 4.1% YoY. The question is whether this is cyclical or a structural shift.
Negative free cash flow of -$102M. The business is consuming cash, not generating it.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$6M
▼ -4.1% YoY
Net Income (TTM)
-$93M
▼ -23.9% YoY
Op. Margin
-863.23%
▲ +16.8pp YoY
ROIC
-16.26%
▲ +1.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$102M
▼ -45.6% YoY
Op. Cash Flow (TTM)
-$42M
▲ +29.5% YoY
Net Debt
$20M
Cash & Equiv.
$80M
3Y CAGR: -2.7%
Continue Research
Is Novonix Ltd. Sponsored ADR (NVX) overvalued?
Novonix Ltd. Sponsored ADR (NVX)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Novonix Ltd. Sponsored ADR scores 10/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is Novonix Ltd. Sponsored ADR a high-quality business?+
Novonix Ltd. Sponsored ADR scores 10 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -863.2% operating margin and a -16.3% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is Novonix Ltd. Sponsored ADR a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh NVX's valuation and scores 10/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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