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ENOVIX CORP (ENVX) Stock Fundamental Analysis

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

6.32  +0.16 (+2.6%)

After market: 6.4 +0.08 (+1.27%)

Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to ENVX. ENVX was compared to 97 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 quite expensive at the moment. 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.
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

The Return On Assets of ENVX (-42.16%) is worse than 68.04% of its industry peers.
ENVX's Return On Equity of -90.07% is in line compared to the rest of the industry. ENVX outperforms 40.21% of its industry peers.
Industry RankSector Rank
ROA -42.16%
ROE -90.07%
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 Profit Margin and Operating Margin and Gross Margin are not available for ENVX so they could not be analyzed.
Industry RankSector 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
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.
ENVX has a worse debt/assets ratio than last year.
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 -0.32, we must say that ENVX is in the distress zone and has some risk of bankruptcy.
ENVX has a Altman-Z score of -0.32. This is comparable to the rest of the industry: ENVX outperforms 45.36% of its industry peers.
A Debt/Equity ratio of 0.69 indicates that ENVX is somewhat dependend on debt financing.
ENVX has a Debt to Equity ratio of 0.69. This is comparable to the rest of the industry: ENVX outperforms 42.27% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.69
Debt/FCF N/A
Altman-Z -0.32
ROIC/WACCN/A
WACC8.22%
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 5.49. This indicates that ENVX is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of ENVX (5.49) is better than 89.69% of its industry peers.
A Quick Ratio of 5.35 indicates that ENVX has no problem at all paying its short term obligations.
The Quick ratio of ENVX (5.35) is better than 90.72% of its industry peers.
Industry RankSector Rank
Current Ratio 5.49
Quick Ratio 5.35
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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3. Growth

3.1 Past

ENVX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.12%, which is quite good.
ENVX shows a strong growth in Revenue. In the last year, the Revenue has grown by 201.98%.
EPS 1Y (TTM)15.12%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%60.71%
Revenue 1Y (TTM)201.98%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%31.65%

3.2 Future

The Earnings Per Share is expected to grow by 45.34% 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 78.90% yearly.
EPS Next Y0.99%
EPS Next 2Y7.59%
EPS Next 3Y43.57%
EPS Next 5Y45.34%
Revenue Next Year56.63%
Revenue Next 2Y154.45%
Revenue Next 3Y190.95%
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 20

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 43.57% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y7.59%
EPS Next 3Y43.57%

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0

5. Dividend

5.1 Amount

No dividends for ENVX!.
Industry RankSector Rank
Dividend Yield N/A

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ENOVIX CORP

NASDAQ:ENVX (4/23/2025, 8:01:38 PM)

After market: 6.4 +0.08 (+1.27%)

6.32

+0.16 (+2.6%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)02-19 2025-02-19/amc
Earnings (Next)04-30 2025-04-30/amc
Inst Owners49.72%
Inst Owner Change0.1%
Ins Owners12.75%
Ins Owner Change12.51%
Market Cap1.21B
Analysts81.11
Price Target27.63 (337.18%)
Short Float %26.58%
Short Ratio6.5
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)29.28%
Min EPS beat(2)18.48%
Max EPS beat(2)40.09%
EPS beat(4)3
Avg EPS beat(4)23.48%
Min EPS beat(4)-4.08%
Max EPS beat(4)40.09%
EPS beat(8)6
Avg EPS beat(8)16.89%
EPS beat(12)9
Avg EPS beat(12)14.45%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)5.8%
Min Revenue beat(2)2.98%
Max Revenue beat(2)8.62%
Revenue beat(4)4
Avg Revenue beat(4)12.1%
Min Revenue beat(4)0.03%
Max Revenue beat(4)36.79%
Revenue beat(8)6
Avg Revenue beat(8)24.03%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)2.38%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.27%
EPS NY rev (1m)-7.83%
EPS NY rev (3m)-6.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-25.24%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)-11.24%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 52.39
P/FCF N/A
P/OCF N/A
P/B 4.9
P/tB 6.1
EV/EBITDA N/A
EPS(TTM)-0.73
EYN/A
EPS(NY)-0.72
Fwd EYN/A
FCF(TTM)-0.97
FCFYN/A
OCF(TTM)-0.57
OCFYN/A
SpS0.12
BVpS1.29
TBVpS1.04
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -42.16%
ROE -90.07%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
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-Score4
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 0.69
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 169.45%
Cap/Sales 330.19%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 5.49
Quick Ratio 5.35
Altman-Z -0.32
F-Score4
WACC8.22%
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)15.12%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%60.71%
EPS Next Y0.99%
EPS Next 2Y7.59%
EPS Next 3Y43.57%
EPS Next 5Y45.34%
Revenue 1Y (TTM)201.98%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%31.65%
Revenue Next Year56.63%
Revenue Next 2Y154.45%
Revenue Next 3Y190.95%
Revenue Next 5Y78.9%
EBIT growth 1Y9.86%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year36.36%
EBIT Next 3Y48.89%
EBIT Next 5Y18.08%
FCF growth 1Y-11.05%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-3.82%
OCF growth 3YN/A
OCF growth 5YN/A