Enovix Corp
NASDAQ:ENVX

Watchlist Manager
Enovix Corp Logo
Enovix Corp
NASDAQ:ENVX
Watchlist
Price: 9.22 USD -7.71% Market Closed
Market Cap: 1.6B USD
Have any thoughts about
Enovix Corp?
Write Note

Intrinsic Value

ENVX's intrinsic value estimate is unreliable because it is based only on its multiples and doesn't use a DCF valuation.

The intrinsic value of one ENVX stock under the Base Case scenario is 3.6 USD. Compared to the current market price of 9.22 USD, Enovix Corp is Overvalued by 61%.

The Intrinsic Value is calculated as the average of DCF and Relative values:

ENVX Intrinsic Value
3.6 USD
Overvaluation 61%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
Enovix Corp

Backtest Intrinsic Value
Dive into the past to invest in the future

Uncover deeper insights with the Valuation Backtest. Learn how current stock valuations stack up against historical averages to gauge true investment potential.

Start backtest now and learn if your stock is truly undervalued or overvalued!

Run Backtest
Backtest Conclusion
Very Attractive
Current Valuation
+45%
Avg Valuation
-12%
Worst Valuation
-49%
Best Valuation
+45%

Stock is trading at its lowest valuation over the past 5 years.

Backtest Example
Register to View Results
Register to View Results

To access the results of this valuation backtest, please register an account with us. Registration is quick and gives you instant access to insights on 3 stocks per week for free.

Backtest Unavailable

The backtest for ENVX cannot be conducted due to limitations such as insufficient data or other constraints. Please select a different stock or adjust your settings.

Backtest In Progress...
Backtest In Progress...
How do you feel about ENVX?
Bearish
Neutral
Bullish

Fundamental Analysis

Risks & Rewards

 

 

 

 

View All Risks & Rewards
Company Quality
No Indicators Selected
Select Indicators

Select up to 3 indicators:

Insider Trading
0-3
Months
0-6
Months
0-12
Months
0-36
Months
No Periods Selected
Select Periods

Select up to 2 periods:

Notes
AI Assistant
AI Assistant
Ask me anything about Enovix Corp

Provide an overview of the primary business activities
of Enovix Corp.

What unique competitive advantages
does Enovix Corp hold over its rivals?

What risks and challenges
does Enovix Corp face in the near future?

Has there been any significant insider trading activity
in Enovix Corp recently?

Summarize the latest earnings call
of Enovix Corp.

Is it considered overvalued or undervalued
based on the latest financial data?

Show all valuation multiples
for Enovix Corp.

Provide P/S
for Enovix Corp.

Provide P/E
for Enovix Corp.

Provide P/OCF
for Enovix Corp.

Provide P/FCFE
for Enovix Corp.

Provide P/B
for Enovix Corp.

Provide EV/S
for Enovix Corp.

Provide EV/GP
for Enovix Corp.

Provide EV/EBITDA
for Enovix Corp.

Provide EV/EBIT
for Enovix Corp.

Provide EV/OCF
for Enovix Corp.

Provide EV/FCFF
for Enovix Corp.

Provide EV/IC
for Enovix Corp.

Show me price targets
for Enovix Corp made by professional analysts.

What are the Revenue projections
for Enovix Corp?

How accurate were the past Revenue estimates
for Enovix Corp?

What are the Net Income projections
for Enovix Corp?

How accurate were the past Net Income estimates
for Enovix Corp?

What are the EPS projections
for Enovix Corp?

How accurate were the past EPS estimates
for Enovix Corp?

What are the EBIT projections
for Enovix Corp?

How accurate were the past EBIT estimates
for Enovix Corp?

Compare the revenue forecasts
for Enovix Corp with those of its competitors based on recent analyst estimates.

Compare the intrinsic valuations
of Enovix Corp and its key competitors using the latest financial data.

Compare historical revenue growth rates
of Enovix Corp against its competitors.

Analyze the profit margins
(gross, operating, and net) of Enovix Corp compared to its peers.

Compare the P/E ratios
of Enovix Corp against its peers.

Discuss the investment returns and shareholder value creation
comparing Enovix Corp with its peers.

Analyze the financial leverage
of Enovix Corp compared to its main competitors.

Show all profitability ratios
for Enovix Corp.

Provide ROE
for Enovix Corp.

Provide ROA
for Enovix Corp.

Provide ROIC
for Enovix Corp.

Provide ROCE
for Enovix Corp.

Provide Gross Margin
for Enovix Corp.

Provide Operating Margin
for Enovix Corp.

Provide Net Margin
for Enovix Corp.

Provide FCF Margin
for Enovix Corp.

Show all solvency ratios
for Enovix Corp.

Provide D/E Ratio
for Enovix Corp.

Provide D/A Ratio
for Enovix Corp.

Provide Interest Coverage Ratio
for Enovix Corp.

Provide Altman Z-Score Ratio
for Enovix Corp.

Provide Quick Ratio
for Enovix Corp.

Provide Current Ratio
for Enovix Corp.

Provide Cash Ratio
for Enovix Corp.

What is the historical Revenue growth
over the last 5 years for Enovix Corp?

What is the historical Net Income growth
over the last 5 years for Enovix Corp?

What is the current Free Cash Flow
of Enovix Corp?

Discuss the annual earnings per share (EPS)
trend over the past five years for Enovix Corp.

Financials
Annual
Quarterly
TTM
Annual
Quarterly
TTM

Balance Sheet Decomposition
Enovix Corp

Current Assets 224m
Cash & Short-Term Investments 200.9m
Receivables 1.9m
Other Current Assets 21.2m
Non-Current Assets 224m
PP&E 171.5m
Intangibles 49.8m
Other Non-Current Assets 2.7m
Current Liabilities 59.5m
Accounts Payable 15m
Accrued Liabilities 21.9m
Short-Term Debt 11.4m
Other Current Liabilities 11.1m
Non-Current Liabilities 221m
Long-Term Debt 168.7m
Other Non-Current Liabilities 52.2m
Efficiency

Earnings Waterfall
Enovix Corp

Revenue
20.7m USD
Cost of Revenue
-36.2m USD
Gross Profit
-15.5m USD
Operating Expenses
-215.6m USD
Operating Income
-231.1m USD
Other Expenses
-13.6m USD
Net Income
-244.8m USD

Free Cash Flow Analysis
Enovix Corp

Last Value
3-Years Average
FCF Margin
Conversion Rate
Fundamental Scores

ENVX Profitability Score
Profitability Due Diligence

Enovix Corp's profitability score is 17/100. The higher the profitability score, the more profitable the company is.

Exceptional Revenue Growth Forecast
Exceptional 1-Year Revenue Growth
Declining ROE
Declining ROIC
17/100
Profitability
Score

Enovix Corp's profitability score is 17/100. The higher the profitability score, the more profitable the company is.

ENVX Solvency Score
Solvency Due Diligence

Enovix Corp's solvency score is 37/100. The higher the solvency score, the more solvent the company is.

Short-Term Solvency
Long-Term Solvency
Negative Net Debt
Average D/E
37/100
Solvency
Score

Enovix Corp's solvency score is 37/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

ENVX Price Targets Summary
Enovix Corp

Wall Street analysts forecast ENVX stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ENVX is 30.91 USD with a low forecast of 14.14 USD and a high forecast of 105 USD.

Lowest
Price Target
14.14 USD
53% Upside
Average
Price Target
30.91 USD
235% Upside
Highest
Price Target
105 USD
1 039% Upside
View Analyst Estimates
View Analyst Estimates
Want to learn more about Wall St estimates for ENVX?

Click here to dive deeper.

Dividends

Enovix Corp
does not pay dividends
Shareholder Yield

Current shareholder yield for ENVX is .

Shareholder yield represents the total return a company provides to its shareholders, calculated as the sum of dividend yield, buyback yield, and debt paydown yield. What is shareholder yield?

Shareholder Yield
Dividend Yield
No dividends
Buyback Yield
Lowest
Average
Highest
Debt Paydown Yield
Lowest
Average
Highest

Ownership

ENVX Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

ENVX News

Other Videos

Profile

Enovix Corp Logo
Enovix Corp

Country

United States of America

Industry

Electrical Equipment

Market Cap

1.6B USD

Dividend Yield

0%

Description

Enovix Corp. engages in advanced silicon-anode lithium-ion battery development and production. The company is headquartered in Fremont, California. The company went IPO on 2020-12-04. The firm has developed and delivered sample batteries to consumer electronics manufacturers. The firm is developing custom three-dimensional (3D) silicon lithium-ion batteries for wearable, mobile computing and communication device applications. The firm's product includes model EX01-351144 for eyeware cell, which consists of approximately 664 watt-hours per liter (Wh/l) of energy density; model EX01-351829 for wearable devices, which consists of 714 Wh/l of energy density; model EX01-543870 for handset cell, and model EX01-395578 for smartphone or laptop cell, which consists of approximately 900 Wh/l of energy density. The firm is also developing its 3D cell technology and production process with automobile manufacturers for the electric vehicle and energy storage markets.

Contact

CALIFORNIA
Fremont
3501 W. Warren Avenue
+16507222555.0
www.rodgerscap.com

IPO

2020-12-04

Employees

173

Officers

President, CEO & Director
Dr. Raj Talluri
Chief Financial Officer
Mr. Farhan Ahmad
Chief Operating Officer
Mr. Ajay Marathe
Chief Legal Officer, General Counsel & Secretary
Ms. Arthi Chakravarthy
Founder
Dr. Robert M. Spotnitz
Vice President of Human Resources
Ms. Iryna Romaniv
Show More
VP of Business Development & Head of Enovix Mobility
Dr. James Wilcox Ph.D.
Head of EV Products
Mr. Albert Spencer Gore
Senior VP of Research & Development
Mr. Jonathan Doan
Senior Vice President of Product
Ms. Samira Naraghi
Show Less

See Also

Discover More
What is the Intrinsic Value of one ENVX stock?

The intrinsic value of one ENVX stock under the Base Case scenario is 3.6 USD.

Is ENVX stock undervalued or overvalued?

Compared to the current market price of 9.22 USD, Enovix Corp is Overvalued by 61%.

Back to Top