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ENOVIX CORP (ENVX) Stock Fundamental Analysis

USA - NASDAQ:ENVX - US2935941078 - Common Stock

10.09 USD
+0.13 (+1.31%)
Last: 9/19/2025, 8:00:41 PM
10.15 USD
+0.06 (+0.59%)
After Hours: 9/19/2025, 8:00:41 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to ENVX. ENVX was compared to 92 industry peers in the Electrical Equipment industry. While ENVX seems to be doing ok healthwise, 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

ENVX had negative earnings in the past year.
In the past year ENVX has reported a negative cash flow from operations.
ENVX had negative earnings in each of the past 5 years.
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

ENVX has a Return On Assets of -27.29%. This is in the lower half of the industry: ENVX underperforms 60.87% of its industry peers.
ENVX's Return On Equity of -62.84% is in line compared to the rest of the industry. ENVX outperforms 45.65% 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 71.74% 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 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.
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

Based on the Altman-Z score of 1.17, we must say that ENVX is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.17, ENVX perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
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 64.13% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.88
Debt/FCF N/A
Altman-Z 1.17
ROIC/WACCN/A
WACC8.27%
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 85.87% of its industry peers.
A Quick Ratio of 4.11 indicates that ENVX has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 4.11, ENVX belongs to the best of the industry, outperforming 88.04% 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

The Earnings Per Share has grown by an impressive 39.13% over the past year.
ENVX shows a strong growth in Revenue. In the last year, 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

The Earnings Per Share is expected to grow by 49.20% on average over the next years. This is a very strong growth
ENVX is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 161.54% yearly.
EPS Next Y16.47%
EPS Next 2Y11.81%
EPS Next 3Y31.61%
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.
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

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 (9/19/2025, 8:00:41 PM)

After market: 10.15 +0.06 (+0.59%)

10.09

+0.13 (+1.31%)

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-1.93%
Ins Owners12.78%
Ins Owner Change15.79%
Market Cap1.98B
Analysts80
Price Target29.89 (196.23%)
Short Float %27.45%
Short Ratio5.19
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)4.27%
EPS NQ rev (3m)11.74%
EPS NY rev (1m)0%
EPS NY rev (3m)11.11%
Revenue NQ rev (1m)-1.02%
Revenue NQ rev (3m)8.62%
Revenue NY rev (1m)-2.23%
Revenue NY rev (3m)-7.07%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 74.57
P/FCF N/A
P/OCF N/A
P/B 9.74
P/tB 12.59
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 1.17
F-Score5
WACC8.27%
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 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 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