Novonix Ltd
ASX:NVX

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Novonix Ltd
ASX:NVX
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Price: 0.74 AUD Market Closed
Market Cap: 365.4m AUD
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Relative Value

The Relative Value of one NVX stock under the Base Case scenario is 1.82 AUD. Compared to the current market price of 0.74 AUD, Novonix Ltd is Undervalued by 59%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NVX Relative Value
Base Case
1.82 AUD
Undervaluation 59%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
79
vs Industry
2
Median 3Y
67.9
Median 5Y
63.2
Industry
1.7
Forward
15.4
vs History
vs Industry
Median 3Y
-10.1
Median 5Y
-10.6
Industry
22.6
Forward
-9.3
vs History
vs Industry
Median 3Y
-25.3
Median 5Y
-29.4
Industry
14.3
vs History
vs Industry
Median 3Y
-10.8
Median 5Y
-11.4
Industry
20.2
vs History
80
vs Industry
61
Median 3Y
1.6
Median 5Y
3.2
Industry
1.9
vs History
73
vs Industry
2
Median 3Y
57.9
Median 5Y
51.1
Industry
1.8
Forward
16.9
vs History
vs Industry
Median 3Y
-37.2
Median 5Y
-94.1
Industry
7.3
vs History
vs Industry
Median 3Y
-8.9
Median 5Y
-10
Industry
14.8
Forward
-3.7
vs History
vs Industry
Median 3Y
-8.9
Median 5Y
-10
Industry
18.2
Forward
-3.1
vs History
vs Industry
Median 3Y
-21.8
Median 5Y
-26.5
Industry
14
vs History
4
vs Industry
Median 3Y
-5.6
Median 5Y
-7.1
Industry
17.4
vs History
80
vs Industry
51
Median 3Y
1.6
Median 5Y
2.8
Industry
1.6

Multiples Across Competitors

NVX Competitors Multiples
Novonix Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Novonix Ltd
ASX:NVX
361.9m AUD 30.1 -5 -5.2 -5.2
JP
Keyence Corp
TSE:6861
15.9T JPY 16 42.1 28.4 29.2
CN
Hangzhou Hikvision Digital Technology Co Ltd
SZSE:002415
280.1B CNY 3 21 16.8 16.8
US
Keysight Technologies Inc
NYSE:KEYS
29.4B USD 5.9 47.9 26.6 35.3
US
Teledyne Technologies Inc
NYSE:TDY
22.6B USD 4 24 18.5 24.1
SE
Hexagon AB
STO:HEXA B
246.6B SEK 4 21.3 13 16.8
US
Zebra Technologies Corp
NASDAQ:ZBRA
20.5B USD 4.4 53.6 27.2 34.8
US
Trimble Inc
NASDAQ:TRMB
17.7B USD 4.9 12 29.7 43.1
IL
Mobileye Global Inc
NASDAQ:MBLY
14.6B USD 8.1 -4.9 98.4 -35.8
UK
Halma PLC
LSE:HLMA
10.2B GBP 5 37.8 22.5 28.8
JP
Shimadzu Corp
TSE:7701
1.3T JPY 2.4 24.2 12.3 15.7

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