NOVONIX LIMITED (NVX)
Share Price Analysis and Chart

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NVX - NOVONIX LIMITED

FNArena Sector : New Battery Elements
Year End: June
GICS Industry Group : Materials
Index: ASX200 | ASX300 | ALL-ORDS | ALL-TECH

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.26

05 Dec
2022

-0.080

OPEN

$2.35

-3.42%

HIGH

$2.37

1,470,913

LOW

$2.25

TARGET
$3.11 37.6% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
NVX: 1
Title FY21
Actual		 FY22
Actual		 FY23
Forecast		 FY24
Forecast
EPS (cps) xxx - 15.4 - 14.0 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2022 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx-15.4
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx8.4 M
Book Value Per Share xxxxxxxxxxxxxxx75.0
Net Operating Cash Flow xxxxxxxxxxxxxxx-40.4 M
Net Profit Margin xxxxxxxxxxxxxxx-848.69 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx-26.34 %
Return on Invested Capital xxxxxxxxxxxxxxx-23.00 %
Return on Assets xxxxxxxxxxxxxxx-22.24 %
Return on Equity xxxxxxxxxxxxxxx-26.34 %
Return on Total Capital xxxxxxxxxxxxxxx-19.86 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-155.8 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

24/10/2022

1

Upgrade to Speculative Buy from Hold

$3.11

37.61%

Morgans lifts its rating to Speculative Buy from Hold and increases its target by 47% to $3.11 following news Novonix is in negotiations to secure a grant.

The US$150m grant from the US Department of Energy (DOE) is for a 30ktpa facility for the manufacture of battery anodes, which is potentially expandable to 75ktpa.

The DOE announcement includes an estimate for total spend of just over -US$1bn for the next facility, which the analyst believes partly allows for an expansion.

While the capital intensity is greater than expected, the broker also expects stronger anode pricing in the long term.

FORECAST
Morgans forecasts a full year FY23 dividend of 0.00 cents and EPS of minus -14.00 cents.
Morgans forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -15.00 cents.
Access Stockbroker Research History >

NVX STOCK CHART

FNArena News on NVX

1
Weekly Ratings, Targets, Forecast Changes – 28-10-22

Oct 31 2022 - Weekly Reports
2
Rudi’s View: Investing In Non-Profitable Companies

Oct 20 2022 - Rudi's View
3
The Short Report – 29 Sep 2022

Sep 29 2022 - Weekly Reports
4
FNArena Corporate Results Monitor – 01-09-2022

Sep 01 2022 - Australia
5
Game Over For Lithium?

Jun 02 2022 - Commodities

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