Enovix Corporation (ENVX)

Enovix Statistics

Total Valuation

Enovix has a market cap or net worth of $1.70 billion. The enterprise value is $1.70 billion.

Market Cap	1.70B
Enterprise Value	1.70B

Important Dates

The last earnings date was Tuesday, October 29, 2024, after market close.

Earnings Date	Oct 29, 2024
Ex-Dividend Date	n/a

Share Statistics

Enovix has 188.39 million shares outstanding. The number of shares has increased by 8.60% in one year.

Current Share Class	188.39M
Shares Outstanding	188.39M
Shares Change (YoY)	+8.60%
Shares Change (QoQ)	+2.59%
Owned by Insiders (%)	14.11%
Owned by Institutions (%)	46.93%
Float	161.82M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	73.94
Forward PS	27.85
PB Ratio	9.55
P/TBV Ratio	14.41
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	81.80
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 3.77, with a Debt / Equity ratio of 1.16.

Current Ratio	3.77
Quick Ratio	3.41
Debt / Equity	1.16
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-29.70

Financial Efficiency

Return on equity (ROE) is -115.97% and return on invested capital (ROIC) is -31.26%.

Return on Equity (ROE)	-115.97%
Return on Assets (ROA)	-25.69%
Return on Capital (ROIC)	-31.26%
Revenue Per Employee	$36,966
Profits Per Employee	-$436,280
Employee Count	561
Asset Turnover	0.04
Inventory Turnover	6.92

Taxes

Income Tax	-3.18M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -22.33% in the last 52 weeks. The beta is 1.98, so Enovix's price volatility has been higher than the market average.

Beta (5Y)	1.98
52-Week Price Change	-22.33%
50-Day Moving Average	10.02
200-Day Moving Average	10.43
Relative Strength Index (RSI)	44.75
Average Volume (20 Days)	7,393,135

Short Selling Information

The latest short interest is 48.48 million, so 25.73% of the outstanding shares have been sold short.

Short Interest	48.48M
Short Previous Month	51.82M
Short % of Shares Out	25.73%
Short % of Float	29.96%
Short Ratio (days to cover)	6.72

Income Statement

In the last 12 months, Enovix had revenue of $20.74 million and -$244.75 million in losses. Loss per share was -$1.45.

Revenue	20.74M
Gross Profit	-13.09M
Operating Income	-198.92M
Pretax Income	-243.77M
Net Income	-244.75M
EBITDA	-137.50M
EBIT	-198.92M
Loss Per Share	-$1.45

Balance Sheet

The company has $200.91 million in cash and $197.29 million in debt, giving a net cash position of $3.62 million or $0.02 per share.

Cash & Cash Equivalents	200.91M
Total Debt	197.29M
Net Cash	3.62M
Net Cash Per Share	$0.02
Equity (Book Value)	170.24M
Book Value Per Share	0.94
Working Capital	164.53M

Cash Flow

In the last 12 months, operating cash flow was -$119.90 million and capital expenditures -$88.65 million, giving a free cash flow of -$208.55 million.

Operating Cash Flow	-119.90M
Capital Expenditures	-88.65M
Free Cash Flow	-208.55M
FCF Per Share	-$1.11

Margins

Gross Margin	-63.10%
Operating Margin	-959.22%
Pretax Margin	-1,197.30%
Profit Margin	n/a
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	-1,226.36%

Dividends & Yields

Enovix does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-8.60%
Shareholder Yield	-8.60%
Earnings Yield	-14.42%
FCF Yield	-12.29%

Analyst Forecast

The average price target for Enovix is $20.82, which is 131.08% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$20.82
Price Target Difference	131.08%
Analyst Consensus	Strong Buy
Analyst Count	11
Revenue Growth Forecast (5Y)	164.16%
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Enovix has an Altman Z-Score of 0.46 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	0.46
Piotroski F-Score	3