Free Trial

NOVONIX (NVX) Competitors

NOVONIX logo
$1.97 -0.08 (-3.90%)
(As of 11/20/2024 ET)

NVX vs. EAF, EOSE, BYRN, BLDP, FREY, AMPX, MVST, SLDP, NEOV, and GAUZ

Should you be buying NOVONIX stock or one of its competitors? The main competitors of NOVONIX include GrafTech International (EAF), Eos Energy Enterprises (EOSE), Byrna Technologies (BYRN), Ballard Power Systems (BLDP), FREYR Battery (FREY), Amprius Technologies (AMPX), Microvast (MVST), Solid Power (SLDP), NeoVolta (NEOV), and Gauzy (GAUZ). These companies are all part of the "electrical equipment" industry.

NOVONIX vs.

GrafTech International (NYSE:EAF) and NOVONIX (NASDAQ:NVX) are both small-cap industrial products companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, earnings, institutional ownership, profitability, dividends, community ranking, media sentiment, valuation and risk.

GrafTech International has a beta of 0.94, suggesting that its stock price is 6% less volatile than the S&P 500. Comparatively, NOVONIX has a beta of 2.97, suggesting that its stock price is 197% more volatile than the S&P 500.

GrafTech International received 187 more outperform votes than NOVONIX when rated by MarketBeat users. However, 100.00% of users gave NOVONIX an outperform vote while only 58.02% of users gave GrafTech International an outperform vote.

CompanyUnderperformOutperform
GrafTech InternationalOutperform Votes
188
58.02%
Underperform Votes
136
41.98%
NOVONIXOutperform Votes
1
100.00%
Underperform Votes
No Votes

NOVONIX has lower revenue, but higher earnings than GrafTech International.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
GrafTech International$620.50M0.86-$255.25M-$1.17-1.78
NOVONIX$8.06M30.17-$46.25MN/AN/A

GrafTech International presently has a consensus price target of $1.75, indicating a potential downside of 15.87%. NOVONIX has a consensus price target of $4.00, indicating a potential upside of 103.05%. Given NOVONIX's stronger consensus rating and higher possible upside, analysts clearly believe NOVONIX is more favorable than GrafTech International.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
GrafTech International
1 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.80
NOVONIX
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

NOVONIX has a net margin of 0.00% compared to GrafTech International's net margin of -55.21%. NOVONIX's return on equity of 0.00% beat GrafTech International's return on equity.

Company Net Margins Return on Equity Return on Assets
GrafTech International-55.21% -459.99% -11.77%
NOVONIX N/A N/A N/A

In the previous week, GrafTech International had 1 more articles in the media than NOVONIX. MarketBeat recorded 1 mentions for GrafTech International and 0 mentions for NOVONIX. GrafTech International's average media sentiment score of 0.79 beat NOVONIX's score of 0.00 indicating that GrafTech International is being referred to more favorably in the media.

Company Overall Sentiment
GrafTech International Positive
NOVONIX Neutral

92.8% of GrafTech International shares are held by institutional investors. Comparatively, 0.1% of NOVONIX shares are held by institutional investors. 0.4% of GrafTech International shares are held by company insiders. Comparatively, 23.7% of NOVONIX shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

NOVONIX beats GrafTech International on 11 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

NVX vs. The Competition

MetricNOVONIXelectrical machinery, equipment, & supplies IndustryComputer SectorNASDAQ Exchange
Market Cap$253.05M$974.95M$23.65B$8.81B
Dividend YieldN/A1.96%2.77%4.06%
P/E RatioN/A27.06268.7317.77
Price / Sales30.178.713,389.6775.18
Price / CashN/A9.5032.4532.53
Price / Book1.313.837.364.68
Net Income-$46.25M-$64.65M$660.95M$226.08M
7 Day Performance-2.48%-5.27%0.23%-1.04%
1 Month Performance-10.45%5.07%0.81%1.04%
1 Year Performance-0.51%2.08%18.76%26.28%

NOVONIX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVX
NOVONIX
1.7638 of 5 stars
$1.97
-3.9%
$4.00
+103.0%
-1.0%$253.05M$8.06M0.00N/A
EAF
GrafTech International
0.5989 of 5 stars
$2.08
-3.3%
$1.75
-15.9%
-16.8%$552.91M$620.50M-1.781,249
EOSE
Eos Energy Enterprises
1.6859 of 5 stars
$2.28
-1.3%
$3.90
+71.1%
+98.3%$503.38M$16.38M0.00250
BYRN
Byrna Technologies
1.5176 of 5 stars
$19.34
-9.4%
$17.75
-8.2%
+264.2%$485.66M$42.64M214.91150High Trading Volume
BLDP
Ballard Power Systems
2.7955 of 5 stars
$1.28
-3.8%
$2.78
+117.5%
-64.6%$398.23M$102.37M-1.161,173Short Interest ↓
FREY
FREYR Battery
0.6184 of 5 stars
$2.20
-3.5%
N/A+29.0%$320.32MN/A0.00210
AMPX
Amprius Technologies
2.4552 of 5 stars
$1.94
-6.3%
$8.17
+322.0%
-49.1%$219.09M$9.05M0.0080
MVST
Microvast
2.0335 of 5 stars
$0.58
-6.5%
$4.50
+675.9%
-55.4%$202.35M$306.62M0.002,006Analyst Forecast
Gap Down
SLDP
Solid Power
1.0141 of 5 stars
$1.06
+1.9%
$2.75
+159.4%
-29.8%$187.60M$17.41M0.00240
NEOV
NeoVolta
2.0324 of 5 stars
$5.07
-4.5%
$7.50
+47.9%
+157.4%$177.15M$2.64M0.005
GAUZ
Gauzy
2.6063 of 5 stars
$7.63
+2.1%
$16.25
+113.0%
N/A$142.43M$77.98M0.00N/A

Related Companies and Tools


This page (NASDAQ:NVX) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners