` Comparison: NVX vs 6861 - Alpha Spread

NVX
vs
6861

Over the past 12 months, NVX has underperformed Keyence Corp, delivering a return of -5% compared to the Keyence Corp's +9% growth.

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NVX
6861
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Valuation Comparison

NVX Intrinsic Value
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Keyence Corp Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Novonix Ltd
NASDAQ:NVX
0.9748 USD
Keyence Corp
TSE:6861
66 060 JPY
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Valuation Scenario:
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Base Case
Bull Case

Growth Comparison

Growth Over Time
NVX, 6861

NVX
6861
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Novonix Ltd
Revenue
Keyence Corp
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
NVX, 6861

NVX
6861
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Novonix Ltd
NASDAQ:NVX
Keyence Corp
TSE:6861
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What is Free Cash Flow?

Gross Margin

NVX
-324%
Keyence Corp
83%
LTM 3Y Avg 5Y Avg 10Y Avg
Novonix Ltd
Keyence Corp

Operating Margin

NVX
-858.7%
Keyence Corp
50.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Novonix Ltd
Keyence Corp

Net Margin

NVX
-1 116.9%
Keyence Corp
37.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Novonix Ltd
Keyence Corp

FCF Margin

NVX
-1 601.4%
Keyence Corp
33.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Novonix Ltd
Keyence Corp

ROE

NVX
-43.9%
Keyence Corp
13.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Novonix Ltd
Keyence Corp

ROA

NVX
-27.6%
Keyence Corp
12.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Novonix Ltd
Keyence Corp

ROIC

NVX
-26.7%
Keyence Corp
19.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Novonix Ltd
Keyence Corp

ROCE

NVX
-24.6%
Keyence Corp
17.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Novonix Ltd
Keyence Corp

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
NVX, 6861

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Performance Gap
NVX, 6861

Performance Gap Between NVX and 6861
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Performance By Year
NVX, 6861

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NVX
6861
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett