Novonix (OTCMKTS:NVNXF – Get Rating) and Solid Power (NASDAQ:SLDP – Get Rating) are both small-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their earnings, risk, dividends, profitability, analyst recommendations, institutional ownership and valuation.
Valuation & Earnings
This table compares Novonix and Solid Power's revenue, earnings per share (EPS) and valuation.
Get Novonix alerts:| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Novonix | $6.11 million | 81.37 | -$51.83 million | N/A | N/A |
| Solid Power | $2.71 million | 326.55 | $18.09 million | N/A | N/A |
Solid Power has lower revenue, but higher earnings than Novonix.
Insider & Institutional Ownership
0.0% of Novonix shares are held by institutional investors. Comparatively, 21.6% of Solid Power shares are held by institutional investors. 11.3% of Solid Power shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.Analyst Ratings
This is a breakdown of current recommendations and price targets for Novonix and Solid Power, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Novonix | 0 | 0 | 0 | 0 | N/A |
| Solid Power | 0 | 0 | 2 | 0 | 3.00 |
Solid Power has a consensus price target of $10.50, suggesting a potential upside of 105.48%. Given Solid Power's higher possible upside, analysts plainly believe Solid Power is more favorable than Novonix.
Volatility & Risk
Novonix has a beta of 2.58, suggesting that its share price is 158% more volatile than the S&P 500. Comparatively, Solid Power has a beta of 1.72, suggesting that its share price is 72% more volatile than the S&P 500.
Profitability
This table compares Novonix and Solid Power'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 |
| Solid Power | N/A | 9.35% | 6.91% |
Summary
Solid Power beats Novonix on 8 of the 10 factors compared between the two stocks.
About Novonix
(Get Rating)
Novonix Limited develops and supplies battery materials, equipment, and services to the lithium-ion battery market in North America. It operates through three segments: Graphite Exploration and Mining, Battery Technology, and Battery Materials. The Graphite Exploration and Mining segment explores for graphite in Australia. The Battery Technology segment develops battery cell testing equipment and batteries, and consulting services. The Battery Materials segment develops and manufactures battery anode materials. The company is also involved in the investment and battery testing activities. 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 Solid Power
(Get Rating)
Solid Power, Inc. focuses on the development and commercialization of all-solid-state battery cells and solid electrolyte materials for the battery-powered electric vehicle market in the United States. The company was founded in 2011 and is headquartered in Louisville, Colorado.
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