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NOVONIX (NVX) Competitors

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$1.26 -0.01 (-0.79%)
Closing price 04:00 PM Eastern
Extended Trading
$1.30 +0.03 (+2.78%)
As of 06:19 PM Eastern
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NVX vs. MVST, SLDP, BLDP, NPWR, BYRN, SES, NRGV, FREY, RONI, and EAF

Should you be buying NOVONIX stock or one of its competitors? The main competitors of NOVONIX include Microvast (MVST), Solid Power (SLDP), Ballard Power Systems (BLDP), NET Power (NPWR), Byrna Technologies (BYRN), SES AI (SES), Energy Vault (NRGV), FREYR Battery (FREY), Rice Acquisition Corp. II (RONI), and GrafTech International (EAF). These companies are all part of the "electrical equipment" industry.

NOVONIX vs. Its Competitors

NOVONIX (NASDAQ:NVX) and Microvast (NASDAQ:MVST) are both small-cap electrical equipment companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, valuation, institutional ownership, analyst recommendations, earnings, risk, profitability and media sentiment.

NOVONIX has a net margin of 0.00% compared to Microvast's net margin of -26.82%. Microvast's return on equity of 10.32% beat NOVONIX's return on equity.

Company Net Margins Return on Equity Return on Assets
NOVONIXN/A N/A N/A
Microvast -26.82%10.32%4.41%

NOVONIX has higher earnings, but lower revenue than Microvast.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NOVONIX$5.85M35.82-$74.82MN/AN/A
Microvast$379.80M2.81-$195.46M-$0.51-6.43

Microvast has a consensus target price of $3.00, indicating a potential downside of 8.54%. Given Microvast's stronger consensus rating and higher possible upside, analysts plainly believe Microvast is more favorable than NOVONIX.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NOVONIX
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Microvast
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.50

In the previous week, Microvast had 5 more articles in the media than NOVONIX. MarketBeat recorded 8 mentions for Microvast and 3 mentions for NOVONIX. NOVONIX's average media sentiment score of 1.61 beat Microvast's score of 0.77 indicating that NOVONIX is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NOVONIX
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Microvast
2 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

NOVONIX has a beta of 2.63, indicating that its share price is 163% more volatile than the S&P 500. Comparatively, Microvast has a beta of 3.12, indicating that its share price is 212% more volatile than the S&P 500.

0.1% of NOVONIX shares are owned by institutional investors. Comparatively, 20.7% of Microvast shares are owned by institutional investors. 23.7% of NOVONIX shares are owned by insiders. Comparatively, 29.8% of Microvast shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

Microvast beats NOVONIX on 11 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NVX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NVX vs. The Competition

MetricNOVONIXELEC PRODS IndustryComputer SectorNASDAQ Exchange
Market Cap$211.24M$9.33B$31.39B$10.15B
Dividend YieldN/A1.70%3.16%4.59%
P/E RatioN/A20.89438.4125.93
Price / Sales35.8245.161,775.09123.65
Price / CashN/A17.1936.9460.44
Price / Book1.439.067.246.29
Net Income-$74.82M$283.75M$808.32M$270.77M
7 Day Performance-4.55%2.24%2.80%3.36%
1 Month Performance-8.03%2.82%4.92%6.41%
1 Year Performance-19.23%8.49%24,304.86%28.26%

NOVONIX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVX
NOVONIX
1.2872 of 5 stars
$1.26
-0.8%
N/A-17.5%$211.24M$5.85M0.00N/AShort Interest ↓
MVST
Microvast
1.065 of 5 stars
$2.88
+12.5%
$3.00
+4.2%
+1,471.3%$832.91M$379.80M-5.651,921
SLDP
Solid Power
0.8757 of 5 stars
$3.92
-6.4%
$4.00
+2.0%
+176.7%$759.58M$20.14M-7.54240News Coverage
Positive News
Gap Up
BLDP
Ballard Power Systems
1.1779 of 5 stars
$1.94
-2.5%
$1.51
-22.0%
+17.1%$598.15M$69.73M-1.961,370Positive News
Gap Up
NPWR
NET Power
2.4718 of 5 stars
$2.11
-4.3%
$4.00
+90.0%
-70.1%$482.29M$250K-0.8924Positive News
BYRN
Byrna Technologies
3.6532 of 5 stars
$20.24
+3.2%
$38.75
+91.5%
+40.7%$445.45M$85.76M32.65150Positive News
SES
SES AI
3.2813 of 5 stars
$1.19
+9.7%
$1.75
+47.7%
+14.4%$394.98M$2.04M-3.82130Short Interest ↓
High Trading Volume
NRGV
Energy Vault
1.3177 of 5 stars
$1.92
-7.5%
$1.42
-26.0%
+141.7%$335.04M$46.20M-1.9770Positive News
Insider Trade
FREY
FREYR Battery
1.833 of 5 stars
$1.98
+7.0%
$4.00
+102.0%
+76.4%$278.17MN/A-2.61210Gap Up
RONI
Rice Acquisition Corp. II
N/A$2.20
-1.3%
N/A-69.9%$265.66MN/A0.0024High Trading Volume
EAF
GrafTech International
1.4539 of 5 stars
$8.96
-9.7%
$16.25
+81.5%
+25.2%$256.09M$538.78M-1.091,072Short Interest ↑
Gap Down

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This page (NASDAQ:NVX) was last updated on 9/12/2025 by MarketBeat.com Staff
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