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
Market Cap & Net Worth: Novonix Ltd (NVNXF)
Novonix Ltd (PINK:NVNXF) has a market capitalization of $268.82 Million ($268.82 Million) as of March 19, 2026. Listed on the PINK stock exchange, this USA-based company holds position #16292 globally and #6289 in its home market, demonstrating a 0.00% increase 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 $0.32 by its total outstanding shares 840054965 (840.05 Million).
Novonix Ltd Market Cap History: 2020 to 2025
Novonix Ltd's market capitalization history from 2020 to 2025. Data shows change from $793.85 Million to $268.82 Million (-17.11% CAGR).
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.
Latest Price to Sales (P/S) Ratio
70.31x
Novonix Ltd's market cap is 70.31 times its annual revenue
0.28x
Higher than industry averageLatest 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 |
|---|---|---|---|---|---|
| 2020 | $793.85 Million | $5.23 Million | -$13.45 Million | 151.87x | N/A |
| 2021 | $5.67 Billion | $6.10 Million | -$51.86 Million | 929.39x | N/A |
| 2022 | $823.25 Million | $3.69 Million | -$38.08 Million | 222.90x | N/A |
| 2023 | $411.63 Million | $8.05 Million | -$46.25 Million | 51.11x | N/A |
| 2024 | $411.63 Million | $5.85 Million | -$74.82 Million | 70.31x | N/A |
Competitor Companies of NVNXF by Market Capitalization
Companies near Novonix Ltd in the global market cap rankings as of March 19, 2026.
Key companies related to Novonix Ltd by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #157 globally with a market cap of $118.93 Billion USD ( CN¥872.65 Billion CNY).
- Vertiv Holdings Co (NYSE:VRT): Ranked #225 globally with a market cap of $89.72 Billion USD.
- ABB Ltd (PINK:ABBNY): Ranked #242 globally with a market cap of $85.22 Billion USD.
- VERTIV HOL.CL A DL-0001 (F:49V): Ranked #371 globally with a market cap of $59.06 Billion USD ( €57.54 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #157 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $118.93 Billion | CN¥405.00 |
| #225 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $268.41 |
| #242 | ABB Ltd | PINK:ABBNY | $85.22 Billion | $46.91 |
| #371 | VERTIV HOL.CL A DL-0001 | F:49V | $59.06 Billion | €232.00 |
Novonix Ltd Historical Marketcap From 2020 to 2025
Between 2020 and today, Novonix Ltd's market cap moved from $793.85 Million to $ 268.82 Million, with a yearly change of -17.11%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | $268.82 Million | -34.69% |
| 2024 | $411.63 Million | 0.00% |
| 2023 | $411.63 Million | -50.00% |
| 2022 | $823.25 Million | -85.48% |
| 2021 | $5.67 Billion | +614.29% |
| 2020 | $793.85 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Novonix Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $268.82 Million USD |
| MoneyControl | $268.82 Million USD |
| MarketWatch | $268.82 Million USD |
| marketcap.company | $268.82 Million USD |
| Reuters | $268.82 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.