Novonix Ltd (AU:NVX) — Market Cap & Net Worth
Market Cap & Net Worth: Novonix Ltd (NVX)
Novonix Ltd (AU:NVX) has a market capitalization of $70.59 Million (AU$99.76 Million) as of September 20, 2026. Listed on the AU stock exchange, this Australia-based company holds position #20665 globally and #697 in its home market, demonstrating a -4.76% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Novonix Ltd's stock price AU$0.10 by its total outstanding shares 997612994 (997.61 Million). Also see Novonix Ltd assets under control for a full breakdown of the balance sheet.
Novonix Ltd Market Cap History: 2015 to 2026
Novonix Ltd's market capitalization history from 2015 to 2026. Data shows change from $225.88 Million to $70.59 Million (-9.09% CAGR). Also see Novonix Ltd (NVX) cash flow conversion for how efficiently the company converts equity into cash flow.
Index Memberships
Novonix Ltd is a constituent of 6 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
Australia All Ordinaries
AORD
|
$1.96 Trillion | 0.00% | #306 of 495 |
|
S&P/ASX 200
AXJO
|
$1.84 Trillion | 0.00% | #163 of 200 |
|
S&P/ASX 200 Accumulated
AXJOA
|
$1.84 Trillion | 0.00% | #163 of 200 |
|
S&P/ASX 300
AXKO
|
$2.13 Trillion | 0.00% | #264 of 300 |
|
ASX Small Ordinaries
AXSO
|
$292.43 Billion | 0.02% | #172 of 200 |
|
S&P/ASX All Technology
AXTX
|
$105.47 Billion | 0.07% | #39 of 53 |
Weight: Novonix Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Novonix Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Novonix Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check NVX stock price for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
50.64x
Novonix Ltd's market cap is 50.64 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $6.49 Billion | $6.10 Million | -$51.86 Million | 1063.24x | N/A |
| 2021 | $6.49 Billion | $5.23 Million | -$13.45 Million | 1240.97x | N/A |
| 2022 | $1.04 Billion | $3.69 Million | -$38.08 Million | 280.94x | N/A |
| 2022 | $1.04 Billion | $6.10 Million | -$51.86 Million | 170.07x | N/A |
| 2023 | $518.82 Million | $8.05 Million | -$46.25 Million | 64.41x | N/A |
| 2023 | $518.82 Million | $3.69 Million | -$38.08 Million | 140.47x | N/A |
| 2024 | $518.82 Million | $5.85 Million | -$74.82 Million | 88.62x | N/A |
| 2024 | $518.82 Million | $8.05 Million | -$46.25 Million | 64.41x | N/A |
| 2025 | $296.47 Million | $5.81 Million | -$95.96 Million | 51.00x | N/A |
| 2025 | $296.47 Million | $5.85 Million | -$74.82 Million | 50.64x | N/A |
Competitor Companies of NVX by Market Capitalization
Companies near Novonix Ltd in the global market cap rankings as of September 20, 2026. Review Novonix Ltd tangible book value ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Novonix Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #110 globally with a market cap of $194.78 Billion USD ( CN¥1.33 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #193 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Vertiv Holdings Co (NYSE:VRT): Ranked #266 globally with a market cap of $96.01 Billion USD.
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #282 globally with a market cap of $93.70 Billion USD ( ฿3.01 Trillion THB).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #110 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $194.78 Billion | CN¥301.95 |
| #193 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF80.02 |
| #266 | Vertiv Holdings Co | NYSE:VRT | $96.01 Billion | $249.39 |
| #282 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $93.70 Billion | ฿241.00 |
Novonix Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Novonix Ltd's market cap moved from $225.88 Million to $ 70.59 Million, with a yearly change of -9.09%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | AU$70.59 Million | -76.19% |
| 2025 | AU$296.47 Million | -42.86% |
| 2024 | AU$518.82 Million | 0.00% |
| 2023 | AU$518.82 Million | -50.00% |
| 2022 | AU$1.04 Billion | -84.00% |
| 2021 | AU$6.49 Billion | +659.50% |
| 2020 | AU$854.11 Million | +142.00% |
| 2019 | AU$352.94 Million | +21.95% |
| 2018 | AU$289.41 Million | -54.44% |
| 2017 | AU$635.29 Million | +73.08% |
| 2016 | AU$367.05 Million | +62.50% |
| 2015 | AU$225.88 Million | -- |
End of Day Market Cap According to Different Sources
On Sep 20th, 2026 the market cap of Novonix Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $70.59 Million USD |
| MoneyControl | $70.59 Million USD |
| MarketWatch | $70.59 Million USD |
| marketcap.company | $70.59 Million USD |
| Reuters | $70.59 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Novonix Ltd
NOVONIX Limited, a battery technology and materials company, provides products and mission critical services in North America, Asia, Australia, and Europe. It operates through Battery Materials, Battery Technology, and Graphite Exploration segments. The company develops and manufactures battery anode materials and battery cell testing equipment; performs consulting services; and carries out resea… Read more