(ENVX) Enovix - Ratings and Ratios
Battery, Cell, Silicon, Lithium, 3D
Description: ENVX Enovix August 05, 2025
Enovix Corporation is a manufacturer of lithium-ion battery cells with a diverse customer base across various industries, including wearables, smartphones, computing, and electric vehicles. The companys products cater to original equipment manufacturers, positioning it for potential growth in the expanding electric vehicle and IoT markets.
From a business perspective, Enovix has been operational since 2007 and is headquartered in Fremont, California, indicating a level of maturity and stability. To further evaluate the companys performance, key performance indicators (KPIs) such as revenue growth rate, gross margin, and operating expenses as a percentage of revenue can be considered. For instance, a high revenue growth rate could indicate increasing demand for Enovixs products, while a stable or improving gross margin could suggest efficient manufacturing processes.
Given the companys presence in the rapidly evolving battery technology space, its essential to monitor its innovation pipeline and production capacity. Key metrics to watch include research and development expenses as a percentage of revenue, capital expenditures, and production output. A strong focus on R&D and significant investments in production capacity could be indicative of Enovixs commitment to staying competitive in the market.
To assess Enovixs financial health, metrics such as cash burn rate, debt-to-equity ratio, and current ratio can be analyzed. A manageable cash burn rate and a reasonable debt-to-equity ratio could suggest that the company is well-positioned to weather potential market fluctuations. Additionally, a strong current ratio could indicate the companys ability to meet its short-term obligations.
As a trading analyst, its crucial to evaluate Enovixs stock performance in the context of the broader market and industry trends. By analyzing the companys KPIs and financial metrics, a more comprehensive understanding of its investment potential can be gained.
ENVX Stock Overview
| Market Cap in USD | 2,682m |
| Sub-Industry | Electrical Components & Equipment |
| IPO / Inception | 2021-07-15 |
ENVX Stock Ratings
| Growth Rating | -18.4% |
| Fundamental | 35.9% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | -6.17% |
| Analyst Rating | 4.54 of 5 |
ENVX Dividends
Currently no dividends paidENVX Growth Ratios
| Growth Correlation 3m | 52.4% |
| Growth Correlation 12m | 24.7% |
| Growth Correlation 5y | -60.5% |
| CAGR 5y | -11.19% |
| CAGR/Max DD 3y (Calmar Ratio) | -0.15 |
| CAGR/Mean DD 3y (Pain Ratio) | -0.25 |
| Sharpe Ratio 12m | 0.70 |
| Alpha | -27.61 |
| Beta | 2.069 |
| Volatility | 91.96% |
| Current Volume | 10425.8k |
| Average Volume 20d | 7103.7k |
| Stop Loss | 8.8 (-8%) |
| Signal | -0.78 |
Piotroski VR‑10 (Strict, 0-10) 0.5
| Net Income (-128.0m TTM) > 0 and > 6% of Revenue (6% = 1.60m TTM) |
| FCFTA -0.30 (>2.0%) and ΔFCFTA 2.64pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 661.9% (prev 1216 %; Δ -553.7pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.19 (>3.0%) and CFO -89.4m > Net Income -128.0m (YES >=105%, WARN >=100%) |
| NO Net Debt/EBITDA fails (EBITDA <= 0) |
| Current Ratio 4.37 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (204.8m) change vs 12m ago 18.81% (target <= -2.0% for YES) |
| Gross Margin 9.82% (prev -444.0%; Δ 453.8pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 5.55% (prev 3.40%; Δ 2.15pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -17.31 (EBITDA TTM -87.4m / Interest Expense TTM 6.86m) >= 6 (WARN >= 3) |
Altman Z'' -8.94
| (A) 0.38 = (Total Current Assets 228.3m - Total Current Liabilities 52.3m) / Total Assets 469.1m |
| (B) -1.90 = Retained Earnings (Balance) -889.1m / Total Assets 469.1m |
| warn (B) unusual magnitude: -1.90 — check mapping/units |
| (C) -0.25 = EBIT TTM -118.7m / Avg Total Assets 479.1m |
| (D) -3.39 = Book Value of Equity -889.5m / Total Liabilities 262.5m |
| Total Rating: -8.94 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 35.88
| 1. Piotroski 0.50pt = -4.50 |
| 2. FCF Yield -5.23% = -2.61 |
| 3. FCF Margin data missing |
| 4. Debt/Equity 0.94 = 2.07 |
| 5. Debt/Ebitda -0.64 = -2.50 |
| 6. ROIC - WACC (= -42.41)% = -12.50 |
| 7. RoE -60.03% = -2.50 |
| 8. Rev. Trend 79.93% = 5.99 |
| 9. EPS Trend 48.58% = 2.43 |
What is the price of ENVX shares?
Over the past week, the price has changed by -20.23%, over one month by -22.99%, over three months by -13.05% and over the past year by +6.99%.
Is Enovix a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ENVX is around 7.86 USD . This means that ENVX is currently overvalued and has a potential downside of -17.87%.
Is ENVX a buy, sell or hold?
- Strong Buy: 9
- Buy: 2
- Hold: 2
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the ENVX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 28.8 | 200.9% |
| Analysts Target Price | 28.8 | 200.9% |
| ValueRay Target Price | 9.1 | -4.9% |
ENVX Fundamental Data Overview October 27, 2025
P/S = 100.8121
P/B = 12.4455
Beta = 2.069
Revenue TTM = 26.6m USD
EBIT TTM = -118.7m USD
EBITDA TTM = -87.4m USD
Long Term Debt = 169.4m USD (from longTermDebt, last quarter)
Short Term Debt = 10.4m USD (from shortTermDebt, last quarter)
Debt = 192.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 56.1m USD (from netDebt column, last quarter)
Enterprise Value = 2.67b USD (2.68b + Debt 192.0m - CCE 203.4m)
Interest Coverage Ratio = -17.31 (Ebit TTM -118.7m / Interest Expense TTM 6.86m)
FCF Yield = -5.23% (FCF TTM -139.5m / Enterprise Value 2.67b)
FCF Margin = -524.6% (FCF TTM -139.5m / Revenue TTM 26.6m)
Net Margin = -481.3% (Net Income TTM -128.0m / Revenue TTM 26.6m)
Gross Margin = 9.82% ((Revenue TTM 26.6m - Cost of Revenue TTM 24.0m) / Revenue TTM)
Gross Margin QoQ = 26.00% (prev 5.12%)
Tobins Q-Ratio = 5.69 (Enterprise Value 2.67b / Total Assets 469.1m)
Interest Expense / Debt = 0.89% (Interest Expense 1.71m / Debt 192.0m)
Taxrate = 1.91% (-861.0k / -45.1m)
NOPAT = -116.4m (EBIT -118.7m * (1 - 1.91%)) [loss with tax shield]
Current Ratio = 4.37 (Total Current Assets 228.3m / Total Current Liabilities 52.3m)
Debt / Equity = 0.94 (Debt 192.0m / totalStockholderEquity, last quarter 203.7m)
Debt / EBITDA = -0.64 (negative EBITDA) (Net Debt 56.1m / EBITDA -87.4m)
Debt / FCF = -0.40 (negative FCF - burning cash) (Net Debt 56.1m / FCF TTM -139.5m)
Total Stockholder Equity = 213.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -27.29% (Net Income -128.0m / Total Assets 469.1m)
RoE = -60.03% (Net Income TTM -128.0m / Total Stockholder Equity 213.3m)
RoCE = -31.01% (EBIT -118.7m / Capital Employed (Equity 213.3m + L.T.Debt 169.4m))
RoIC = -29.63% (negative operating profit) (NOPAT -116.4m / Invested Capital 393.0m)
WACC = 12.79% (E(2.68b)/V(2.87b) * Re(13.64%) + D(192.0m)/V(2.87b) * Rd(0.89%) * (1-Tc(0.02)))
Discount Rate = 13.64% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 11.18%
Fair Price DCF = unknown (Cash Flow -139.5m)
EPS Correlation: 48.58 | EPS CAGR: 36.79% | SUE: 2.62 | # QB: 1
Revenue Correlation: 79.93 | Revenue CAGR: 1102 % | SUE: 0.77 | # QB: 0
Additional Sources for ENVX Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle