ENOVIX CORP (ENVX)
US2935941078 - Common Stock
We assign a fundamental rating of 2 out of 10 to ENVX. ENVX was compared to 86 industry peers in the Electrical Equipment industry. While ENVX seems to be doing ok healthwise, there are quite some concerns on its profitability. While showing a medium growth rate, ENVX is valued expensive at the moment.
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.
ENVX had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of -37.94%, ENVX is not doing good in the industry: 74.12% of the companies in the same industry are doing better.
With a Return On Equity value of -82.93%, ENVX is not doing good in the industry: 70.59% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -37.94% | ||
| ROE | -82.93% | ||
| ROIC | N/A |
ROA(3y)-25.24%
ROA(5y)-46.85%
ROE(3y)-45.34%
ROE(5y)-157.04%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin and Operating Margin and Gross Margin are not available for ENVX so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/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
2. Health
2.1 Basic Checks
ENVX does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for ENVX has been increased compared to 1 year ago.
The debt/assets ratio for ENVX is higher compared to a year ago.
2.2 Solvency
ENVX has an Altman-Z score of -0.23. This is a bad value and indicates that ENVX is not financially healthy and even has some risk of bankruptcy.
ENVX's Altman-Z score of -0.23 is in line compared to the rest of the industry. ENVX outperforms 44.71% of its industry peers.
A Debt/Equity ratio of 0.68 indicates that ENVX is somewhat dependend on debt financing.
ENVX has a Debt to Equity ratio of 0.68. This is in the lower half of the industry: ENVX underperforms 68.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.23 |
ROIC/WACCN/A
WACC10.19%
2.3 Liquidity
A Current Ratio of 5.30 indicates that ENVX has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 5.30, ENVX belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
A Quick Ratio of 5.15 indicates that ENVX has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 5.15, ENVX belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.3 | ||
| Quick Ratio | 5.15 |
3. Growth
3.1 Past
ENVX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -43.33%.
ENVX shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.24%.
EPS 1Y (TTM)-43.33%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-47.37%
Revenue 1Y (TTM)23.24%
Revenue growth 3YN/A
Revenue growth 5YN/A
Revenue growth Q2Q577.16%
3.2 Future
The Earnings Per Share is expected to grow by 34.97% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 208.90% on average over the next years. This is a very strong growth
EPS Next Y-16.71%
EPS Next 2Y0.54%
EPS Next 3Y19.61%
EPS Next 5Y34.97%
Revenue Next Year543.51%
Revenue Next 2Y490.68%
Revenue Next 3Y377.2%
Revenue Next 5Y208.9%
3.3 Evolution
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as ENVX's earnings are expected to grow with 19.61% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.54%
EPS Next 3Y19.61%
5. Dividend
5.1 Amount
ENVX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ENOVIX CORP
NASDAQ:ENVX (4/19/2024, 6:46:41 PM)
After market: 6.2 -0.06 (-0.96%)6.26
+0.25 (+4.16%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.05B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -37.94% | ||
| ROE | -82.93% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 5.3 | ||
| Quick Ratio | 5.15 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-43.33%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-16.71%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)23.24%
Revenue growth 3YN/A
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y