What is NOVONIX Limited's (NVX) StockRank?

MoatMap's StockRank for NOVONIX Limited (NVX) is 1/100, with a Strong Sell signal. This is a composite score combining Quality (9), Value (44), and Momentum (18) factor ranks across MoatMap's 19,000+ stock universe.

Does NOVONIX Limited have an economic moat?

NOVONIX Limited (NVX) has a Quality factor score of 9/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is NOVONIX Limited a buy, hold, or sell?

MoatMap's current signal for NOVONIX Limited (NVX) is Strong Sell, based on a StockRank of 1/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is NOVONIX Limited in?

NOVONIX Limited (NVX) operates in the Industrials sector, specifically the Electrical Equipment & Parts industry (Australia).

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NVX

STRONG SELLREMOVE

NOVONIX Limited · Industrials · Australia · $154M · Avg Vol: $260K/d

StockRank

P/E (TTM)

—

ROE

-62.0%

D/E

0.6x

Dividend %

—

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

NOVONIX is a battery materials developer that theoretically aligns with supply chain localization and electrification trends. However, it is highly capital-intensive, pre-earnings, and structurally unprofitable, failing the Terry Smith and Warren Buffett quality tests.

COMPANY DESCRIPTION

NOVONIX Limited is an innovative developer and supplier of high-performance materials, equipment, and services for the global lithium-ion battery industry, with a primary focus on synthetic graphite anode material. The company's competitive advantage stems from its proprietary Dry Particle Microgranulation (DPM) technology and vertical integration, positioning it as a critical supplier for the burgeoning electric vehicle and energy storage markets.

FINANCIAL SUMMARY

Year	2022	2023	2024	2025	CAGR
Revenue	6M	8M	6M	6M	-2.7%
EPS	-42.38	-0.36	-0.60	-0.56	—
Shares	487M	489M	568M	840M	+72.6%
Debt	41M	69M	71M	100M	34.4%
Equity	226M	184M	138M	162M	-10.6%
Op CF	-29M	-36M	-40M	-42M	—
Inv CF	-107M	-12M	-18M	-33M	—
Fin CF	181M	29M	25M	110M	—

PRICE (1M)-2.2%

SMA 50SMA 200

$0.70

RSI (14)

51.1

52W High

$3.86

From 52W High

0.2%

SCORE BREAKDOWN

Quality

ROIC

-40.5%1.7

ROE

-62.0%1.9

GP/Assets

1.1%3.3

Op. Margin

-920.6%0.6

FCF/Assets

-29.9%1.6

Piotroski

—13.7

Int. Cover

-6.8x6.4

D/E Ratio

0.62x35.5

Current Ratio

1.07x16.8

Value

P/E (TTM)

—N/A

EV/EBITDA

-3.4x91.1

P/FCF

—N/A

P/B

0.9x79.1

P/S

26.5x2.6

Div Yield

—N/A

Momentum

52W High %

18%0.5

RS 6M

-44%17.3

SMA 50/200

0.65x0.9

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

+57%55.3

Q Growth

—N/A

FUNDAMENTALS

Market Cap

$154M

P/E (Forward)

-3.0x

Gross Margin

55.5%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of NVX are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
NVX	NOVONIX Limited(you)	$154M	1	STRONG SELL
IFN.AX	Infragreen Group Limited	$74M	12	STRONG SELL
SKS.AX	SKS Technologies Group Limited	$754M	95	STRONG BUY
AL3.AX	AML3D Limited	$62M	12	STRONG SELL
EDE.AX	Eden Innovations Ltd	$84M	19	STRONG SELL
KPG.AX	Kelly Partners Group Holdings Limited	$127M	34	SELL
IMB.AX	Intelligent Monitoring Group Limited	$177M	36	HOLD
BWN.AX	Bhagwan Marine Ltd	$87M	28	SELL
SGI.AX	Stealth Group Holdings Ltd	$102M	38	HOLD
SPZ.AX	Smart Parking Limited	$258M	36	HOLD

Peer medians: ROE 9.4% · P/E 23.7x · Gross margin 33.9%

NOVONIX Limited (NVX) — Stock Score Summary

NOVONIX Limited (NVX) has a MoatMap StockRank of 1/100 based on Quality (9/100), Value (44/100), and Momentum (18/100) factor scores. The current signal is STRONG SELL. NOVONIX is a battery materials developer that theoretically aligns with supply chain localization and electrification trends. However, it is highly capital-intensive, pre-earnings, and structurally unprofitable, failing the Terry Smith and Warren Buffett quality tests.

Key Financial Metrics

Price	$0.70
Market Cap	$154M
P/E (Forward)	-3.00
Price/Book	0.90
Return on Equity	-62.0%
Return on Invested Capital	-40.5%
Debt/Equity	62.06
Gross Margin	55.5%
Operating Margin	-920.6%
Revenue Growth	-10.1%
Free Cash Flow	$-85M

NOVONIX Limited operates in the Electrical Equipment & Parts industry, part of the Industrials sector (Australia).

Frequently Asked Questions

What is NOVONIX Limited’s (NVX) StockRank?: MoatMap’s StockRank for NOVONIX Limited (NVX) is 1/100, with a Strong Sell signal. It is a composite of Quality (9), Value (44), and Momentum (18) factor ranks across MoatMap’s 19,000+ stock universe.
Does NOVONIX Limited have an economic moat?: NOVONIX Limited (NVX) has a Quality factor score of 9/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is NOVONIX Limited a buy, hold, or sell?: MoatMap’s current signal for NOVONIX Limited (NVX) is Strong Sell, based on a StockRank of 1/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is NOVONIX Limited in?: NOVONIX Limited (NVX) operates in the Industrials sector, specifically the Electrical Equipment & Parts industry (Australia).