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ENOVIX CORP (ENVX) Stock Fundamental Analysis

NASDAQ:ENVX - US2935941078 - Common Stock

10.51 USD
+0.24 (+2.34%)
Last: 8/22/2025, 8:04:56 PM
10.55 USD
+0.04 (+0.38%)
After Hours: 8/22/2025, 8:04:56 PM
Fundamental Rating

2

Overall ENVX gets a fundamental rating of 2 out of 10. We evaluated ENVX against 93 industry peers in the Electrical Equipment industry. ENVX scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. 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

ENVX had negative earnings in the past year.
ENVX had a negative operating cash flow in the past year.
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

With a Return On Assets value of -27.29%, ENVX is not doing good in the industry: 60.22% of the companies in the same industry are doing better.
ENVX's Return On Equity of -62.84% is in line compared to the rest of the industry. ENVX outperforms 46.24% of its industry peers.
Industry RankSector Rank
ROA -27.29%
ROE -62.84%
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 (9.82%) is worse than 70.97% of its industry peers.
ENVX does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 9.82%
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.
Compared to 1 year ago, ENVX has more shares outstanding
ENVX has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ENVX is higher compared to a year ago.
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

Based on the Altman-Z score of 1.35, we must say that ENVX is in the distress zone and has some risk of bankruptcy.
ENVX has a Altman-Z score (1.35) which is in line with its industry peers.
ENVX has a Debt/Equity ratio of 0.88. This is a neutral value indicating ENVX is somewhat dependend on debt financing.
ENVX has a Debt to Equity ratio of 0.88. This is in the lower half of the industry: ENVX underperforms 62.37% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.88
Debt/FCF N/A
Altman-Z 1.35
ROIC/WACCN/A
WACC8.39%
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

ENVX has a Current Ratio of 4.37. This indicates that ENVX is financially healthy and has no problem in meeting its short term obligations.
ENVX's Current ratio of 4.37 is amongst the best of the industry. ENVX outperforms 86.02% of its industry peers.
ENVX has a Quick Ratio of 4.11. This indicates that ENVX is financially healthy and has no problem in meeting its short term obligations.
ENVX has a better Quick ratio (4.11) than 88.17% of its industry peers.
Industry RankSector Rank
Current Ratio 4.37
Quick Ratio 4.11
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

The Earnings Per Share has grown by an impressive 39.13% over the past year.
Looking at the last year, ENVX shows a very strong growth in Revenue. The Revenue has grown by 60.04%.
EPS 1Y (TTM)39.13%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%7.14%
Revenue 1Y (TTM)60.04%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%98.2%

3.2 Future

ENVX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 49.20% yearly.
Based on estimates for the next years, ENVX will show a very strong growth in Revenue. The Revenue will grow by 161.54% on average per year.
EPS Next Y16.47%
EPS Next 2Y11.81%
EPS Next 3Y31.61%
EPS Next 5Y49.2%
Revenue Next Year50.73%
Revenue Next 2Y114.59%
Revenue Next 3Y151.61%
Revenue Next 5Y161.54%

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 1B 2B 3B
ENVX Yearly EPS VS EstimatesENVX Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 2 4

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1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for ENVX. In the last year negative earnings were reported.
Also next year ENVX is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
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

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

A more expensive valuation may be justified as ENVX's earnings are expected to grow with 31.61% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y11.81%
EPS Next 3Y31.61%

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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 (8/22/2025, 8:04:56 PM)

After market: 10.55 +0.04 (+0.38%)

10.51

+0.24 (+2.34%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)07-31 2025-07-31/amc
Earnings (Next)10-27 2025-10-27/amc
Inst Owners49.11%
Inst Owner Change-2.09%
Ins Owners12.78%
Ins Owner Change12.01%
Market Cap2.07B
Analysts80
Price Target29.89 (184.4%)
Short Float %25.5%
Short Ratio5.32
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)22.42%
Min EPS beat(2)20.81%
Max EPS beat(2)24.04%
EPS beat(4)4
Avg EPS beat(4)25.85%
Min EPS beat(4)18.48%
Max EPS beat(4)40.09%
EPS beat(8)6
Avg EPS beat(8)19.56%
EPS beat(12)9
Avg EPS beat(12)14.3%
EPS beat(16)12
Avg EPS beat(16)13.43%
Revenue beat(2)2
Avg Revenue beat(2)12.19%
Min Revenue beat(2)8.33%
Max Revenue beat(2)16.05%
Revenue beat(4)4
Avg Revenue beat(4)9%
Min Revenue beat(4)2.98%
Max Revenue beat(4)16.05%
Revenue beat(8)8
Avg Revenue beat(8)33.83%
Revenue beat(12)9
Avg Revenue beat(12)11.46%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)6.72%
PT rev (3m)12.69%
EPS NQ rev (1m)8.02%
EPS NQ rev (3m)8.26%
EPS NY rev (1m)8.74%
EPS NY rev (3m)11.11%
Revenue NQ rev (1m)12.01%
Revenue NQ rev (3m)13.8%
Revenue NY rev (1m)-0.28%
Revenue NY rev (3m)-4.95%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 77.68
P/FCF N/A
P/OCF N/A
P/B 10.14
P/tB 13.12
EV/EBITDA N/A
EPS(TTM)-0.56
EYN/A
EPS(NY)-0.55
Fwd EYN/A
FCF(TTM)-0.71
FCFYN/A
OCF(TTM)-0.45
OCFYN/A
SpS0.14
BVpS1.04
TBVpS0.8
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -27.29%
ROE -62.84%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 9.82%
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-Score5
Asset Turnover0.06
Health
Industry RankSector Rank
Debt/Equity 0.88
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 161.44%
Cap/Sales 189.59%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 4.37
Quick Ratio 4.11
Altman-Z 1.35
F-Score5
WACC8.39%
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)39.13%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%7.14%
EPS Next Y16.47%
EPS Next 2Y11.81%
EPS Next 3Y31.61%
EPS Next 5Y49.2%
Revenue 1Y (TTM)60.04%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%98.2%
Revenue Next Year50.73%
Revenue Next 2Y114.59%
Revenue Next 3Y151.61%
Revenue Next 5Y161.54%
EBIT growth 1Y28.62%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year38.82%
EBIT Next 3Y30.53%
EBIT Next 5Y51.05%
FCF growth 1Y-8.34%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y2.4%
OCF growth 3YN/A
OCF growth 5YN/A