Financial Contrast: NOVONIX (NASDAQ:NVX) versus BIO-key International (NASDAQ:BKYI)

BIO-key International (NASDAQ:BKYI) and NOVONIX (NASDAQ:NVX) are both small-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, analyst recommendations, profitability, risk, earnings, dividends and institutional ownership.

Institutional and Insider Ownership

26.5% of BIO-key International shares are held by institutional investors. Comparatively, 0.1% of NOVONIX shares are held by institutional investors. 3.9% of BIO-key International shares are held by company insiders. Comparatively, 23.7% of NOVONIX shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares BIO-key International and NOVONIX’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
BIO-key International	-75.32%	-67.43%	-43.29%
NOVONIX	N/A	N/A	N/A

Volatility and Risk

BIO-key International has a beta of 0.45, indicating that its stock price is 55% less volatile than the S&P 500. Comparatively, NOVONIX has a beta of 2.53, indicating that its stock price is 153% more volatile than the S&P 500.

Earnings & Valuation

This table compares BIO-key International and NOVONIX”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
BIO-key International	$6.09 million	0.95	-$4.59 million	($0.70)	-7.61
NOVONIX	$5.62 million	28.86	-$92.72 million	N/A	N/A

BIO-key International has higher revenue and earnings than NOVONIX.

Analyst Ratings

This is a breakdown of current recommendations for BIO-key International and NOVONIX, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
BIO-key International	1	0	0	0	1.00
NOVONIX	1	0	0	0	1.00

Summary

NOVONIX beats BIO-key International on 6 of the 9 factors compared between the two stocks.

About BIO-key International

BIO-key International, Inc. develops and markets fingerprint identification biometric technology and software solutions, and enterprise-ready identity access management solutions for commercial, government, and education customers in the United States and internationally. The company offers BIO-key PortalGuard and PortalGuard IDaaS solutions, a customer-controlled and neutral-by-design cloud-based identity platform that allows customers to integrate with any cloud or on-premises SaaS application, as well as windows device authentication through IAM platform. Its solutions enable its customers to secure their workforces and student populations; and make their partner networks more collaborative. In addition, it provides BIO-key VST and WEB-key products; and Civil and Large-Scale ID Infrastructure solutions that develops finger-based biometric technology. Further, it offers finger scanners for enterprise and consumer markets under SideSwipe, EcoID, and SidePass brand names. The company was formerly known as SAC Technologies and changed its name to BIO-key International, Inc. in 2002. BIO-key International, Inc. was founded in 1993 and is headquartered in Wall, New Jersey.

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.