NOVONIX (ASX:NVX) 3-Year FCF Growth Rate

: -29.10% (As of Dec. 2023)

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NOVONIX's Free Cash Flow per Share for the three months ended in Dec. 2023 was A$0.07.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was -29.10% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -52.00% 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 Free Cash Flow per Share growth rate.

During the past 9 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of NOVONIX was -29.10% per year. The lowest was -114.60% per year. And the median was -63.60% per year.

Competitive Comparison

For the Electrical Equipment & Parts subindustry, NOVONIX's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF 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 3-Year FCF Growth Rate Distribution

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

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

NOVONIX 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow 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 Free Cash Flow per Share growth rate.

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

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.

NOVONIX 3-Year FCF Growth Rate Related Terms

Thank you for viewing the detailed overview of NOVONIX's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

NOVONIX (ASX:NVX) Business Description

Industry

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