Comparing NOVONIX (OTCMKTS:NVNXF) and NOVONIX (NASDAQ:NVX)

NOVONIX (NASDAQ:NVX) and NOVONIX (OTCMKTS:NVNXF) are both small-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, profitability, risk, earnings, analyst recommendations, dividends and valuation.

Volatility & Risk

NOVONIX has a beta of 2.71, suggesting that its stock price is 171% more volatile than the S&P 500. Comparatively, NOVONIX has a beta of 2.34, suggesting that its stock price is 134% more volatile than the S&P 500.

Earnings and Valuation

This table compares NOVONIX and NOVONIX”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
NOVONIX	$5.85 million	39.38	-$46.25 million	N/A	N/A
NOVONIX	$8.06 million	21.10	-$46.25 million	N/A	N/A

Institutional and Insider Ownership

0.1% of NOVONIX shares are held by institutional investors. 23.7% of NOVONIX shares are held by insiders. Comparatively, 6.6% of NOVONIX shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares NOVONIX and NOVONIX’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
NOVONIX	N/A	N/A	N/A
NOVONIX	N/A	N/A	N/A

Analyst Recommendations

This is a summary of current ratings and recommmendations for NOVONIX and NOVONIX, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NOVONIX	0	0	1	0	3.00
NOVONIX	0	0	0	0	0.00

NOVONIX currently has a consensus target price of $4.00, suggesting a potential upside of 175.86%. Given NOVONIX’s stronger consensus rating and higher possible upside, research analysts plainly believe NOVONIX is more favorable than NOVONIX.

Summary

NOVONIX beats NOVONIX on 7 of the 8 factors compared between the two stocks.

About NOVONIX

NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment, performs consulting services, and carries out research and development in battery development. The company is involved in the investment and real estate borrowing activities; and offers battery technology, battery testing hardware equipment, and battery testing and development consulting services. The company was formerly known as Graphitecorp Limited and changed its name to NOVONIX Limited in July 2017. NOVONIX Limited was incorporated in 2012 and is based in Brisbane, Australia.

About NOVONIX

NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment, performs consulting services, and carries out research and development in battery development. The company is involved in the investment and real estate borrowing activities; and offers battery technology, battery testing hardware equipment, and battery testing and development consulting services. The company was formerly known as Graphitecorp Limited and changed its name to NOVONIX Limited in July 2017. NOVONIX Limited was incorporated in 2012 and is based in Brisbane, Australia.