NOVONIXFRA:GC3 +0.46%47 Net Debt Paydown Yield % is -14.21% as of Jul. 07, 2026. GuruFocus rates FRA:GC3 with a GF Score™ of 47/100. The stock has 4 warning signs investors should review. Among 2,837 Industrial Products companies, NOVONIX ranks worse than 94.36% on this metric.
Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt.
As of today, NOVONIX's Net Debt Paydown Yield % was -14.21%.
NOVONIX (FRA:GC3) Net Debt Paydown Yield % Explanation
Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.
In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.
The historical data trend for NOVONIX's Net Debt Paydown Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:GC3 vs VRT, BE: Net Debt Paydown Yield % Comparison
For the Electrical Equipment & Parts subindustry, NOVONIX's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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 Net Debt Paydown Yield % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NOVONIX's Net Debt Paydown Yield % distribution charts can be found below:
* The bar in red indicates where NOVONIX's Net Debt Paydown Yield % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.
What does a Net Debt Paydown Yield % of -14.21% mean?
NOVONIX (FRA:GC3) has a Net Debt Paydown Yield % of -14.21% as of Jul. 07, 2026. Net Debt Paydown Yield is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. This metric provides insight into a company's willingness and ability to reduce its debt using free cash flow. View historical data on NOVONIX and its competitors. According to the industry distribution chart, NOVONIX ranks #2677 out of 2837 companies in the Industrial Products industry, placing it in the top 94.4%.
Is NOVONIX's Net Debt Paydown Yield % too high?
NOVONIX's current Net Debt Paydown Yield % is -14.21%. Based on the distribution chart, NOVONIX ranks #2677 out of 2837 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, NOVONIX has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does NOVONIX's Net Debt Paydown Yield % compare to VRT and BE?
According to the Industrial Products industry distribution chart, NOVONIX ranks #2677 out of 2837 companies for Net Debt Paydown Yield %. This places NOVONIX in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Debt Paydown Yield % for an Industrial Products company?
A good Net Debt Paydown Yield % depends on the Industrial Products industry context. However, Net Debt Paydown Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Debt Paydown Yield % mean?
A high Net Debt Paydown Yield % can signal that a stock is expensive relative to its fundamentals. Net Debt Paydown Yield is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. This metric provides insight into a company's willingness and ability to reduce its debt using free cash flow. View historical data on NOVONIX and its competitors. NOVONIX's current Net Debt Paydown Yield % is -14.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOVONIX stock overvalued right now?
NOVONIX (FRA:GC3) has a current Net Debt Paydown Yield % of -14.21%. The current Net Debt Paydown Yield % is -14.21%. NOVONIX's overall GF Score™ is 47/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Debt Paydown Yield % calculated?
Net Debt Paydown Yield % is calculated from a company's financial statements. For NOVONIX (FRA:GC3), the current Net Debt Paydown Yield % is -14.21% as of Jul. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
NOVONIX Ltd is a battery technology company developing and scaling materials and equipment critical to the lithium-ion battery supply chain. The company has three operating segments: Battery Materials: It develops and manufactures battery anode materials, ii) Battery Technology: It develops and manufactures battery cell testing equipment, performs consulting services and carries out research and development in battery development, and Graphite Exploration: It manages the maintenance and future development of Mount Dromedary natural graphite deposit. The majority of the company's revenue is derived from the Battery Technology segment. Geographically, the maximum revenue is derived from North America, followed by Asia, and Europe.
47GF Score
Get the complete analysis for FRA:GC3
Net Debt Paydown Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:GC3 has been successfully added to your 
