NOVONIX (NASDAQ:NVX – Get Free Report) and Spectris (OTCMKTS:SEPJY – Get Free Report) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their dividends, analyst recommendations, valuation, profitability, earnings, institutional ownership and risk.
Analyst Recommendations
This is a breakdown of recent ratings for NOVONIX and Spectris, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
NOVONIX | 1 | 0 | 0 | 0 | 1.00 |
Spectris | 0 | 0 | 1 | 0 | 3.00 |
Risk and Volatility
NOVONIX has a beta of 2.59, indicating that its share price is 159% more volatile than the S&P 500. Comparatively, Spectris has a beta of 0.31, indicating that its share price is 69% less volatile than the S&P 500.
Valuation and Earnings
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
NOVONIX | $5.85 million | 71.98 | -$74.82 million | N/A | N/A |
Spectris | $1.66 billion | 3.06 | $298.52 million | N/A | N/A |
Spectris has higher revenue and earnings than NOVONIX.
Profitability
This table compares NOVONIX and Spectris’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
NOVONIX | N/A | N/A | N/A |
Spectris | N/A | N/A | N/A |
Insider and Institutional Ownership
0.1% of NOVONIX shares are owned by institutional investors. 23.7% of NOVONIX shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
About NOVONIX
NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment, performs consulting services, and carries out research and development in battery development. The company is involved in the investment and real estate borrowing activities; and offers battery technology, battery testing hardware equipment, and battery testing and development consulting services. 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 Spectris
Spectris plc provides precision measurement solutions worldwide. It operates through Spectris Scientific, Spectris Dynamics, and Other segments. The Spectris Scientific segment provides advanced sensors and instruments used to measure, analyze, and characterize materials; and monitor ultra-clean manufacturing environments. Spectris Dynamics segment offers differentiated sensing, data acquisition, analysis modelling, and simulation solutions for product development and enhance product performance. The Other segment operates high-value precision in-line sensing and monitoring businesses. It serves life sciences/pharmaceuticals, technology-led industrials, automotive, electronics and semiconductor, academic research, and other markets, as well as metals, minerals, and mining. The company was formerly known as Fairey Group plc and changed its name to Spectris plc in May 2001. Spectris plc was incorporated in 1986 and is based in London, the United Kingdom.
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