Novonix Limited

Novonix Limitedverified

NVX

Price:

$1.71

Market Cap:

$211.08M

Novonix Limited develops and supplies battery materials, equipment, and services to the lithium-ion battery market in North America. It operates through three segments: Graphite Exploration and Mining, Battery Technology, and Battery Materials. The Graphite Exploration and Mining segment explores for graphite in Australia. The Battery Technology segment develops battery cell testing equipment and batteries, and consulting services. The Battery Materials segment develops and manufactures battery anode materials. The company is also involved in the investment and battery testing activities. Novonix Limited has strategic alliance with Harper International Corporation to develop specialized furn...[Read more]

Industry

Electrical Equipment & Parts

IPO Date

2022-02-02

Stock Exchange

NASDAQ

Ticker

NVX

The ROE as of November 2024 (TTM) for Novonix Limited (NVX) is -42.00%

According to Novonix Limited’s latest financial reports and current stock price. The company's current ROE is -42.00%. This represents a change of 481.43% compared to the average of -7.22% of the last 4 quarters.

Novonix Limited (NVX) Historical ROE (quarterly & annually)

How has NVX ROE performed in the past?

The mean historical ROE of Novonix Limited over the last ten years is -31.37%. The current -42.00% ROE has changed 33.89% with respect to the historical average. Over the past ten years (40 quarters), NVX's ROE was at its highest in in the June 2015 quarter at 37.74%. The ROE was at its lowest in in the June 2019 quarter at -134.14%.

Quarterly (TTM)
Annual

Average

-31.37%

Median

-22.90%

Minimum

-165.61%

Maximum

0%

Novonix Limited (NVX) ROE by Quarter and Year

Discovering the peaks and valleys of Novonix Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual ROE = 0%

Minimum Annual Increase = 0%

Minimum Annual ROE = -165.61%

Quarterly (TTM)
Annual
YearROEChange
2023-25.14%-Infinity%
20220%-100.00%
2022-20.65%112.77%
2021-9.71%-66.96%
2020-29.38%-82.26%
2019-165.61%407.09%
2018-32.66%6.94%
2017-30.54%-Infinity%
20160%0%

Novonix Limited (NVX) Average ROE

How has NVX ROE performed in the past?

The current ROE of Novonix Limited (NVX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-15.26%

5-year avg

-16.98%

10-year avg

-31.37%

Novonix Limited (NVX) ROE vs. Peers

How is NVX’s ROE compared to its peers?

Novonix Limited’s ROE is greater than Magnis Energy Technologies Limited (-81.54%), greater than Exro Technologies Inc. (-77.12%), greater than Ilika plc (-22.47%), greater than FuelPositive Corporation (-40.95%), greater than NeoVolta Inc. (-42.81%), less than Hayward Holdings, Inc. (7.08%), less than Espey Mfg. & Electronics Corp. (14.95%), less than Advanced Energy Industries, Inc. (3.71%), greater than NeoVolta Inc. (-42.81%), less than Kimball Electronics, Inc. (3.18%), greater than ADS-TEC Energy PLC (-136.64%), greater than Novonix Limited (-47.23%), less than Nexans S.A. (17.55%), less than China Carbon Graphite Group, Inc. (12.81%), greater than Flux Power Holdings, Inc. (-93.72%),

Build a custom stock screener for Novonix Limited (NVX) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Novonix Limited using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Novonix Limited (NVX) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Novonix Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Novonix Limited's ROE?

How is the ROE calculated for Novonix Limited (NVX)?

What is the highest ROE for Novonix Limited (NVX)?

What is the 3-year average ROE for Novonix Limited (NVX)?

What is the 5-year average ROE for Novonix Limited (NVX)?

How does the current ROE for Novonix Limited (NVX) compare to its historical average?