AUD0.97
30.41% yesterday
Australia, Nov 25, 06:10 am CET
ISIN
AU000000NVX4
Symbol
NVX

Novonix Limited Target price 2024 - Analyst rating & recommendation

Novonix Limited Classifications & Recommendation:

Buy
100%

Novonix Limited Price Target

Target Price AUD2.11
Price AUD0.97
Potential
Number of Estimates 2
2 Analysts have issued a price target Novonix Limited 2025 . The average Novonix Limited target price is AUD2.11. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 1 analysts: 1 Analysts recommend Novonix Limited to buy, 0 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Novonix Limited stock has an average upside potential 2025 of . Most analysts recommend the Novonix Limited stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Dec '23 2024
Estimates
Revenue Million AUD 12.13 12.60
124.63% 3.86%
EBITDA Margin -554.58% -567.82%
42.46% 2.39%
Net Margin -564.39% 504.62%
43.34% 189.41%

2 Analysts have issued a sales forecast Novonix Limited 2024 . The average Novonix Limited sales estimate is

AUD12.6m
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. This is
19.98% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
AUD14.7m 40.08%
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, the lowest is
AUD10.5m 0.13%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 AUD12.1m 124.63%
2024
AUD12.6m 3.86%
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2025
AUD47.0m 272.79%
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2026
AUD152m 223.83%
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2027
AUD303m 99.13%
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2028
AUD440m 45.20%
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2 Analysts have issued an Novonix Limited EBITDA forecast 2024. The average Novonix Limited EBITDA estimate is

AUD-71.5m
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. This is
11.75% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
AUD-69.3m 8.22%
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, the lowest is
AUD-73.8m 15.28%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 AUD-67.3m 29.24%
2024
AUD-71.5m 6.34%
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2025
AUD-65.1m 9.05%
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2026
AUD-44.6m 31.48%
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2027
AUD-9.0m 79.73%
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2028
AUD84.3m 1,033.33%
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EBITDA Margin

2023 -554.58% 42.46%
2024
-567.82% 2.39%
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2025
-138.53% 75.60%
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2026
-29.31% 78.84%
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2027
-2.98% 89.83%
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2028
19.18% 743.62%
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The average Novonix Limited net profit estimate is

AUD63.6m
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. This is
186.67% higher
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than the net profit for the last 12 months(TTM).

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 AUD-68.5m 27.27%
2024
AUD63.6m 192.86%
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2025
AUD117m 84.62%
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Net Margin

2023 -564.39% 43.34%
2024
504.62% 189.41%
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2025
249.90% 50.48%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Dec '23 2024
Estimates
Earnings Per Share AUD -0.14 0.13
27.27% 192.86%
P/E 7.42
EV/Sales 41.08

The average Novonix Limited <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

AUD0.13
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. This is
186.67% higher
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than earnings per share in the financial year 2023.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 AUD-0.14 27.27%
2024
AUD0.13 192.86%
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2025
AUD0.24 84.62%
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P/E ratio

Current -6.60 35.52%
2024
7.42 212.42%
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2025
4.02 45.82%
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Based on analysts' sales estimates for 2024, the Novonix Limited stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

41.08
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
37.82
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.

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 49.29 39.95%
2024
41.08 16.66%
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2025
11.02 73.18%
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2026
3.40 69.12%
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2027
1.71 49.78%
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2028
1.18 31.13%
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P/S ratio

Current 45.38 13.58%
2024
37.82 16.65%
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2025
10.15 73.17%
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2026
3.13 69.12%
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2027
1.57 49.78%
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2028
1.08 31.13%
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