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Enovix Corp ENVX

Morningstar Rating
$10.62 −0.56 (5.01%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ENVX is trading at a 235% premium.
Price
$10.64
Fair Value
$22.78
Uncertainty
Extreme
1-Star Price
$429.85
5-Star Price
$7.24
Economic Moat
Kylv
Capital Allocation
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News

Trading Information

Previous Close Price
$11.18
Day Range
$10.2411.34
52-Week Range
$5.7023.90
Bid/Ask
$10.63 / $10.65
Market Cap
$1.81 Bil
Volume/Avg
4.8 Mil / 5.4 Mil

Key Statistics

Price/Earnings (Normalized)
Price/Sales
134.00
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
< 0.01%

Company Profile

Enovix Corp is engaged in the business of advanced silicon-anode lithium-ion battery development and production. It is also developing its 3D cell technology and production process for the electric vehicle and energy storage markets to help enable the widespread utilization of renewable energy.
Sector
Industrials
Industry
Electrical Equipment & Parts
Stock Style Box
Small Value
Total Number of Employees
561

Comparables

Valuation

Metric
ENVX
GWH
EOSE
Price/Earnings (Normalized)
Price/Book Value
7.861.48
Price/Sales
134.0012.407.83
Price/Cash Flow
Price/Earnings
No chart available

Financial Strength

Metric
ENVX
GWH
EOSE
Quick Ratio
4.655.580.91
Current Ratio
4.895.971.34
Interest Coverage
−32.19−3.37
Quick Ratio
ENVX
GWH
EOSE

Profitability

Metric
ENVX
GWH
EOSE
Return on Assets (Normalized)
−28.18%−45.78%−133.67%
Return on Equity (Normalized)
−48.87%−61.44%
Return on Invested Capital (Normalized)
−37.53%−64.35%−260.01%
Return on Assets
ENVX
GWH
EOSE
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