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ENOVIX CORP (ENVX) Stock Fundamental Analysis

NASDAQ:ENVX - Nasdaq - US2935941078 - Common Stock - Currency: USD

7.77  +0.03 (+0.39%)

After market: 7.71 -0.06 (-0.77%)

Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to ENVX. ENVX was compared to 95 industry peers in the Electrical Equipment industry. The financial health of ENVX is average, but there are quite some concerns on its profitability. ENVX is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

In the past year ENVX has reported negative net income.
In the past year ENVX has reported a negative cash flow from operations.
In the past 5 years ENVX always reported negative net income.
ENVX had a negative operating cash flow in each of the past 5 years.
ENVX Yearly Net Income VS EBIT VS OCF VS FCFENVX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 -50M -100M -150M -200M

1.2 Ratios

ENVX's Return On Assets of -39.95% is on the low side compared to the rest of the industry. ENVX is outperformed by 67.37% of its industry peers.
The Return On Equity of ENVX (-84.79%) is comparable to the rest of the industry.
Industry RankSector Rank
ROA -39.95%
ROE -84.79%
ROIC N/A
ROA(3y)-30.6%
ROA(5y)-35.78%
ROE(3y)-62.49%
ROE(5y)-67.12%
ROIC(3y)N/A
ROIC(5y)N/A
ENVX Yearly ROA, ROE, ROICENVX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 -100 -200 -300 -400 -500

1.3 Margins

The Gross Margin of ENVX (0.07%) is worse than 72.63% of its industry peers.
The Profit Margin and Operating Margin are not available for ENVX so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 0.07%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
ENVX Yearly Profit, Operating, Gross MarginsENVX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 -500 -1K -1.5K -2K -2.5K

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4

2. Health

2.1 Basic Checks

ENVX does not have a ROIC to compare to the WACC, probably because it is not profitable.
ENVX has more shares outstanding than it did 1 year ago.
The number of shares outstanding for ENVX has been increased compared to 5 years ago.
Compared to 1 year ago, ENVX has a worse debt to assets ratio.
ENVX Yearly Shares OutstandingENVX Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 50M 100M 150M
ENVX Yearly Total Debt VS Total AssetsENVX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

2.2 Solvency

ENVX has an Altman-Z score of 0.42. This is a bad value and indicates that ENVX is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ENVX (0.42) is comparable to the rest of the industry.
ENVX has a Debt/Equity ratio of 0.76. This is a neutral value indicating ENVX is somewhat dependend on debt financing.
ENVX's Debt to Equity ratio of 0.76 is on the low side compared to the rest of the industry. ENVX is outperformed by 61.05% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.76
Debt/FCF N/A
Altman-Z 0.42
ROIC/WACCN/A
WACC8.45%
ENVX Yearly LT Debt VS Equity VS FCFENVX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 0 100M -100M 200M 300M

2.3 Liquidity

A Current Ratio of 4.68 indicates that ENVX has no problem at all paying its short term obligations.
ENVX has a Current ratio of 4.68. This is amongst the best in the industry. ENVX outperforms 88.42% of its industry peers.
A Quick Ratio of 4.49 indicates that ENVX has no problem at all paying its short term obligations.
ENVX has a better Quick ratio (4.49) than 89.47% of its industry peers.
Industry RankSector Rank
Current Ratio 4.68
Quick Ratio 4.49
ENVX Yearly Current Assets VS Current LiabilitesENVX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 100M 200M 300M

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5

3. Growth

3.1 Past

ENVX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 41.24%, which is quite impressive.
The Revenue has grown by 77.62% in the past year. This is a very strong growth!
EPS 1Y (TTM)41.24%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%51.61%
Revenue 1Y (TTM)77.62%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-3.3%

3.2 Future

Based on estimates for the next years, ENVX will show a very strong growth in Earnings Per Share. The EPS will grow by 45.34% on average per year.
The Revenue is expected to grow by 78.90% on average over the next years. This is a very strong growth
EPS Next Y6.03%
EPS Next 2Y9.47%
EPS Next 3Y37.77%
EPS Next 5Y45.34%
Revenue Next Year58.58%
Revenue Next 2Y136.77%
Revenue Next 3Y182.35%
Revenue Next 5Y78.9%

3.3 Evolution

ENVX Yearly Revenue VS EstimatesENVX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 200M 400M 600M 800M 1B
ENVX Yearly EPS VS EstimatesENVX Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 2 3 4

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1

4. Valuation

4.1 Price/Earnings Ratio

ENVX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for ENVX. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
ENVX Price Earnings VS Forward Price EarningsENVX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20 30 40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
ENVX Per share dataENVX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 -0.5 1

4.3 Compensation for Growth

ENVX's earnings are expected to grow with 37.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y9.47%
EPS Next 3Y37.77%

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0

5. Dividend

5.1 Amount

ENVX does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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ENOVIX CORP

NASDAQ:ENVX (5/23/2025, 9:30:14 PM)

After market: 7.71 -0.06 (-0.77%)

7.77

+0.03 (+0.39%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)04-30 2025-04-30/amc
Earnings (Next)07-29 2025-07-29/amc
Inst Owners49.72%
Inst Owner Change2.41%
Ins Owners12.75%
Ins Owner Change12.71%
Market Cap1.49B
Analysts81.11
Price Target26.52 (241.31%)
Short Float %28.37%
Short Ratio8.64
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)30.45%
Min EPS beat(2)20.81%
Max EPS beat(2)40.09%
EPS beat(4)4
Avg EPS beat(4)29.71%
Min EPS beat(4)18.48%
Max EPS beat(4)40.09%
EPS beat(8)6
Avg EPS beat(8)18.42%
EPS beat(12)9
Avg EPS beat(12)14.6%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)8.47%
Min Revenue beat(2)8.33%
Max Revenue beat(2)8.62%
Revenue beat(4)4
Avg Revenue beat(4)4.99%
Min Revenue beat(4)0.03%
Max Revenue beat(4)8.62%
Revenue beat(8)7
Avg Revenue beat(8)31.77%
Revenue beat(12)9
Avg Revenue beat(12)139.21%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-4%
PT rev (3m)-1.72%
EPS NQ rev (1m)1.12%
EPS NQ rev (3m)2.39%
EPS NY rev (1m)5.09%
EPS NY rev (3m)-2.34%
Revenue NQ rev (1m)11.06%
Revenue NQ rev (3m)-5.57%
Revenue NY rev (1m)1.25%
Revenue NY rev (3m)-7.98%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 65.14
P/FCF N/A
P/OCF N/A
P/B 6.34
P/tB 7.95
EV/EBITDA N/A
EPS(TTM)-0.57
EYN/A
EPS(NY)-0.59
Fwd EYN/A
FCF(TTM)-0.82
FCFYN/A
OCF(TTM)-0.47
OCFYN/A
SpS0.12
BVpS1.22
TBVpS0.98
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -39.95%
ROE -84.79%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 0.07%
FCFM N/A
ROA(3y)-30.6%
ROA(5y)-35.78%
ROE(3y)-62.49%
ROE(5y)-67.12%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.05
Health
Industry RankSector Rank
Debt/Equity 0.76
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 236.93%
Cap/Sales 294.2%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 4.68
Quick Ratio 4.49
Altman-Z 0.42
F-Score3
WACC8.45%
ROIC/WACCN/A
Cap/Depr(3y)279.5%
Cap/Depr(5y)1968.61%
Cap/Sales(3y)574.21%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)41.24%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%51.61%
EPS Next Y6.03%
EPS Next 2Y9.47%
EPS Next 3Y37.77%
EPS Next 5Y45.34%
Revenue 1Y (TTM)77.62%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-3.3%
Revenue Next Year58.58%
Revenue Next 2Y136.77%
Revenue Next 3Y182.35%
Revenue Next 5Y78.9%
EBIT growth 1Y24.56%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year36.36%
EBIT Next 3Y48.89%
EBIT Next 5Y18.08%
FCF growth 1Y-34.41%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-2.07%
OCF growth 3YN/A
OCF growth 5YN/A