NOVONIX (OTCMKTS:NVNXF) versus NOVONIX (NASDAQ:NVX) Critical Review

NOVONIX (OTCMKTS:NVNXF) and NOVONIX (NASDAQ:NVX) are both small-cap computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their risk, dividends, profitability, earnings, analyst recommendations, valuation and institutional ownership.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for NOVONIX and NOVONIX, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NOVONIX	0	0	0	0	0.00
NOVONIX	0	0	1	0	3.00

NOVONIX has a consensus price target of $4.00, suggesting a potential upside of 173.97%. Given NOVONIX’s stronger consensus rating and higher possible upside, analysts plainly believe NOVONIX is more favorable than NOVONIX.

Valuation & Earnings

This table compares NOVONIX and NOVONIX”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
NOVONIX	$8.06 million	20.80	-$46.25 million	N/A	N/A
NOVONIX	$5.85 million	39.66	-$46.25 million	N/A	N/A

Insider & Institutional Ownership

0.1% of NOVONIX shares are held by institutional investors. 6.6% of NOVONIX shares are held by insiders. Comparatively, 23.7% of NOVONIX shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Volatility and Risk

NOVONIX has a beta of 2.34, indicating that its share price is 134% more volatile than the S&P 500. Comparatively, NOVONIX has a beta of 2.71, indicating that its share price is 171% more volatile than the S&P 500.

Profitability

This table compares NOVONIX and NOVONIX’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
NOVONIX	N/A	N/A	N/A
NOVONIX	N/A	N/A	N/A

Summary

NOVONIX beats NOVONIX on 7 of the 8 factors compared between the two stocks.

About NOVONIX

NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment, performs consulting services, and carries out research and development in battery development. The company is involved in the investment and real estate borrowing activities; and offers battery technology, battery testing hardware equipment, and battery testing and development consulting services. The company was formerly known as Graphitecorp Limited and changed its name to NOVONIX Limited in July 2017. NOVONIX Limited was incorporated in 2012 and is based in Brisbane, Australia.

About NOVONIX

NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment, performs consulting services, and carries out research and development in battery development. The company is involved in the investment and real estate borrowing activities; and offers battery technology, battery testing hardware equipment, and battery testing and development consulting services. The company was formerly known as Graphitecorp Limited and changed its name to NOVONIX Limited in July 2017. NOVONIX Limited was incorporated in 2012 and is based in Brisbane, Australia.