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ENOVIX CORP (ENVX) Stock Fundamental Analysis

USA - NASDAQ:ENVX - US2935941078 - Common Stock

11.21 USD
-0.3 (-2.61%)
Last: 10/17/2025, 8:08:21 PM
11.34 USD
+0.13 (+1.16%)
After Hours: 10/17/2025, 8:08:21 PM
Fundamental Rating

3

Overall ENVX gets a fundamental rating of 3 out of 10. We evaluated ENVX against 92 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. While showing a medium growth rate, ENVX is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

In the past year ENVX has reported negative net income.
ENVX had a negative operating cash flow in the past year.
In the past 5 years ENVX always reported negative net income.
In the past 5 years ENVX always reported negative operating cash flow.
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 perfoms like the industry average, outperforming 40.86% of the companies in the same industry.
Looking at the Return On Equity, with a value of -62.84%, ENVX is in line with its industry, outperforming 47.31% of the companies in the same industry.
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 72.04% 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
The number of shares outstanding for ENVX has been increased compared to 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

ENVX has an Altman-Z score of 1.80. 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 (1.80) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.88 indicates that ENVX is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.88, ENVX is not doing good in the industry: 63.44% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.88
Debt/FCF N/A
Altman-Z 1.8
ROIC/WACCN/A
WACC8.2%
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 has a better Current ratio (4.37) than 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.
With an excellent Quick ratio value of 4.11, ENVX belongs to the best of the industry, outperforming 88.17% of the companies in the same industry.
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

ENVX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 39.13%, which is quite impressive.
The Revenue has grown by 60.04% in the past year. This is a very strong growth!
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 Y20.34%
EPS Next 2Y13.24%
EPS Next 3Y29.42%
EPS Next 5Y49.2%
Revenue Next Year47.36%
Revenue Next 2Y114.42%
Revenue Next 3Y149.45%
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 20 -20 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 29.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y13.24%
EPS Next 3Y29.42%

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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 (10/17/2025, 8:08:21 PM)

After market: 11.34 +0.13 (+1.16%)

11.21

-0.3 (-2.61%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)07-31 2025-07-31/amc
Earnings (Next)11-11 2025-11-11/amc
Inst Owners46.79%
Inst Owner Change0.08%
Ins Owners12.87%
Ins Owner Change7.17%
Market Cap2.20B
Analysts80
Price Target29.89 (166.64%)
Short Float %31.84%
Short Ratio6.92
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)0%
PT rev (3m)12.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.82%
EPS NY rev (1m)4.63%
EPS NY rev (3m)12.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)11.27%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.51%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 82.85
P/FCF N/A
P/OCF N/A
P/B 10.82
P/tB 13.99
EV/EBITDA N/A
EPS(TTM)-0.56
EYN/A
EPS(NY)-0.52
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 1.8
F-Score5
WACC8.2%
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 Y20.34%
EPS Next 2Y13.24%
EPS Next 3Y29.42%
EPS Next 5Y49.2%
Revenue 1Y (TTM)60.04%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%98.2%
Revenue Next Year47.36%
Revenue Next 2Y114.42%
Revenue Next 3Y149.45%
Revenue Next 5Y161.54%
EBIT growth 1Y28.62%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year40.09%
EBIT Next 3Y31.27%
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