€0.43
4.85% today
L&S, Jul 02, 08:43 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

Create a premium account to unlock analyst estimates. Learn more

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

This results in the following potential growth figures:

Sales forecast

2023 AUD12.1m 124.63%
2024
AUD13.8m 14.03%
Unlock
2025
AUD61.7m 346.05%
Unlock
2026
AUD151m 144.48%
Unlock
2027
AUD267m 76.79%
Unlock
2028
AUD386m 44.67%
Unlock

3 Analysts have issued an Novonix Limited EBITDA forecast 2024. The average Novonix Limited EBITDA estimate is

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

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%
Unlock
2025
AUD-57.1m 15.47%
Unlock
2026
AUD-37.6m 34.17%
Unlock
2027
AUD3.1m 108.18%
Unlock
2028
AUD54.8m 1,680.32%
Unlock

EBITDA margin

2023 -554.58% 42.46%
2024
-488.76% 11.87%
Unlock
2025
-92.62% 81.05%
Unlock
2026
-24.94% 73.07%
Unlock
2027
1.15% 104.61%
Unlock
2028
14.20% 1,134.78%
Unlock

The average Novonix Limited net profit estimate is

AUD63.5m
Unlock
. This is
192.85% higher
Unlock
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%
Unlock
2025
AUD117m 84.64%
Unlock

Net margin

2023 -564.07% 43.34%
2024
459.33% 181.43%
Unlock
2025
190.11% 58.61%
Unlock

Earnings per share, P/E ratio and EV/sales forecast 2024, 2025 to 2028

Create a premium account to unlock analyst estimates. Learn more

Dec '23 2024
Forecast
Earnings per share AUD -0.14 0.13
27.27% 192.86%
P/E ratio 5.62
EV/Sales 25.21

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

AUD0.13
Unlock
. This is
192.86% higher
Unlock
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%
Unlock
2025
AUD0.24 84.62%
Unlock

P/E ratio

Current -5.13 46.06%
2024
5.62 209.55%
Unlock
2025
3.04 45.91%
Unlock

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

25.21
Unlock
and an <a href=/blog/kurs-umsatz-verhaeltnis-kuv-einfach-erklaert>P/S ratio of
25.81
Unlock
.

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

EV/Sales

Current 28.73 62.82%
2024
25.21 12.24%
Unlock
2025
5.65 77.58%
Unlock
2026
2.31 59.10%
Unlock
2027
1.31 43.43%
Unlock
2028
0.90 30.88%
Unlock

P/S ratio

Current 29.40 66.89%
2024
25.81 12.23%
Unlock
2025
5.79 77.58%
Unlock
2026
2.37 59.10%
Unlock
2027
1.34 43.44%
Unlock
2028
0.93 30.88%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today