€0.44
8.13%
L&S, Jun 28, 10:54 pm CET
ISIN
AU000000NVX4
Symbol
NVX

Novonix Limited Target price 2024 - Analyst rating & recommendation

Novonix Limited Classifications & Recommendation:

Buy
100%

Novonix Limited Target price

Target price AUD1.89
Course AUD0.71
Price potential
Number of estimates 4
4 Analysts have issued a price target Novonix Limited 2025 . The average Novonix Limited target price is AUD1.89. This is higher than the current share price. The highest price target is , the lowest is .
A rating was issued by 2 analysts: 2 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 share has an average upside potential 2025 of . Most analysts recommend the Novonix Limited share at Purchase.

Sales and margin forecast 2024, 2025 to 2028

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Dec '23 2024
Forecast
Turnover Million AUD 12.13 13.83
124.63% 14.03%
EBITDA margin -554.58% -488.76%
42.46% 11.87%
Net margin -564.07% 459.33%
43.34% 181.43%

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

AUD13.8m
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. This is
13.94% higher
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than the turnover of the last 12 months(TTM). The highest sales forecast is
AUD19.5m 60.94%
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, the lowest is
AUD8.1m 33.15%
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.

This results in the following potential growth figures:

Sales forecast

2023 AUD12.1m 124.63%
2024
AUD13.8m 14.03%
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2025
AUD61.7m 346.05%
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2026
AUD151m 144.48%
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2027
AUD267m 76.79%
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2028
AUD386m 44.67%
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3 Analysts have issued an Novonix Limited EBITDA forecast 2024. The average Novonix Limited EBITDA estimate is

AUD-67.6m
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. This is
8.03% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
AUD-63.1m 0.87%
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, the lowest is
AUD-71.5m 14.20%
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.

This results in the following potential growth figures and future EBITDA margins:

EBITDA forecast

2023 AUD-67.3m 29.24%
2024
AUD-67.6m 0.50%
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2025
AUD-57.1m 15.47%
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2026
AUD-37.6m 34.17%
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2027
AUD3.1m 108.18%
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2028
AUD54.8m 1,680.32%
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EBITDA margin

2023 -554.58% 42.46%
2024
-488.76% 11.87%
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2025
-92.62% 81.05%
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2026
-24.94% 73.07%
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2027
1.15% 104.61%
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2028
14.20% 1,134.78%
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The average Novonix Limited net profit estimate is

AUD63.5m
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. This is
192.85% higher
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than the net profit for the last 12 months(TTM).

This results in the following potential growth figures and future net margins:

Net profit forecast

2023 AUD-68.4m 27.27%
2024
AUD63.5m 192.85%
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2025
AUD117m 84.64%
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Net margin

2023 -564.07% 43.34%
2024
459.33% 181.43%
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2025
190.11% 58.61%
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Earnings per share, P/E ratio and EV/sales forecast 2024, 2025 to 2028

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Dec '23 2024
Forecast
Earnings per share AUD -0.14 0.13
27.27% 192.86%
P/E ratio 5.46
EV/Sales 24.51

The average Novonix Limited <a href=/blog/eps>EPS is

AUD0.13
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. This is
192.86% higher
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than earnings per share in the financial year 2023.

This results in the following potential growth figures 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 -4.99 47.53%
2024
5.46 209.42%
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2025
2.96 45.79%
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Based on analysts' sales estimates for 2024, the Novonix Limited share is valued at an <a href=/blog/ev-sales-einfach-erklaert>EV/Sales of

24.51
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and an <a href=/blog/kurs-umsatz-verhaeltnis-kuv-einfach-erklaert>P/S ratio of
25.10
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.

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

EV/Sales

Current 27.92 63.22%
2024
24.51 12.22%
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2025
5.49 77.58%
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2026
2.25 59.10%
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2027
1.27 43.44%
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2028
0.88 30.87%
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P/S ratio

Current 28.60 67.30%
2024
25.10 12.23%
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2025
5.63 77.58%
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2026
2.30 59.10%
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2027
1.30 43.44%
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2028
0.90 30.88%
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