NOVONIX (ASX:NVX) 3-Year Book Growth Rate : 44.80% (As of Dec. 2023)

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What is NOVONIX 3-Year Book Growth Rate?

NOVONIX's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.56.

During the past 12 months, NOVONIX's average Book Value per Share Growth Rate was -23.50% per year. During the past 3 years, the average Book Value per Share Growth Rate was 44.80% per year. During the past 5 years, the average Book Value per Share Growth Rate was 44.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 9 years, the highest 3-Year average Book Value per Share Growth Rate of NOVONIX was 102.10% per year. The lowest was 7.50% per year. And the median was 40.05% per year.

Competitive Comparison of NOVONIX's 3-Year Book Growth Rate

For the Electrical Equipment & Parts subindustry, NOVONIX's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NOVONIX's 3-Year Book Growth Rate Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NOVONIX's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where NOVONIX's 3-Year Book Growth Rate falls into.

NOVONIX 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

NOVONIX (ASX:NVX) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

NOVONIX 3-Year Book Growth Rate Related Terms

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NOVONIX (ASX:NVX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NOVONIX Ltd (ASX:NVX) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

NVX:USA NVNXF:USA GC3:Germany

Address

71 Eagle Street, Level 38, Brisbane, QLD, AUS, 4000

Website

https://www.novonixgroup.com

NOVONIX Ltd operates in the lithium-ion battery industry. The company has three operating segments namely Graphite Exploration and Mining, Battery Technology, and NOVONIX Anode Materials. Graphite Exploration and Mining segment is engaged in the exploration and development of high-grade flake graphite deposit. TheNOVONIX Anode Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment and carried out research and development in battery development. The Battery Technology segment is the major revenue contributor to the company.