Enovix Corporation (ENVX)
NASDAQ: ENVX · Real-Time Price · USD
3.380
+0.110 (3.36%)
At close: Aug 21, 2026, 4:00 PM EDT
3.410
+0.030 (0.89%)
After-hours: Aug 21, 2026, 7:59 PM EDT

Enovix Statistics

Total Valuation

Enovix has a market cap or net worth of $723.36 million. The enterprise value is $789.29 million.

Market Cap723.36M
Enterprise Value 789.29M

Important Dates

The last earnings date was Wednesday, August 12, 2026, after market close.

Earnings Date Aug 12, 2026
Ex-Dividend Date n/a

Share Statistics

Enovix has 214.01 million shares outstanding. The number of shares has increased by 8.59% in one year.

Current Share Class 214.01M
Shares Outstanding 214.01M
Shares Change (YoY) +8.59%
Shares Change (QoQ) +0.52%
Owned by Insiders (%) 11.39%
Owned by Institutions (%) 52.48%
Float 189.63M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 20.16
Forward PS 13.86
PB Ratio 3.44
P/TBV Ratio 4.29
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 22.00
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 9.71, with a Debt / Equity ratio of 2.56.

Current Ratio 9.71
Quick Ratio 9.19
Debt / Equity 2.56
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -5.62

Financial Efficiency

Return on equity (ROE) is -81.28% and return on invested capital (ROIC) is -19.28%.

Return on Equity (ROE) -81.28%
Return on Assets (ROA) -17.55%
Return on Invested Capital (ROIC) -19.28%
Return on Capital Employed (ROCE) -23.83%
Weighted Average Cost of Capital (WACC) 11.74%
Revenue Per Employee $54,035
Profits Per Employee -$256,063
Employee Count664
Asset Turnover 0.06
Inventory Turnover 1.88

Taxes

Income Tax -859,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -66.50% in the last 52 weeks. The beta is 2.33, so Enovix's price volatility has been higher than the market average.

Beta (5Y) 2.33
52-Week Price Change -66.50%
50-Day Moving Average 5.01
200-Day Moving Average 6.45
Relative Strength Index (RSI) 35.74
Average Volume (20 Days) 9,230,439

Short Selling Information

The latest short interest is 50.06 million, so 23.39% of the outstanding shares have been sold short.

Short Interest 50.06M
Short Previous Month 52.55M
Short % of Shares Out 23.39%
Short % of Float 26.40%
Short Ratio (days to cover) 8.05

Income Statement

In the last 12 months, Enovix had revenue of $35.88 million and -$170.03 million in losses. Loss per share was -$0.79.

Revenue35.88M
Gross Profit 6.76M
Operating Income -178.15M
Pretax Income -171.00M
Net Income -170.03M
EBITDA -140.91M
EBIT -178.15M
Loss Per Share -$0.79
Full Income Statement

Balance Sheet

The company has $475.78 million in cash and $541.72 million in debt, with a net cash position of -$65.94 million or -$0.31 per share.

Cash & Cash Equivalents 475.78M
Total Debt 541.72M
Net Cash -65.94M
Net Cash Per Share -$0.31
Equity (Book Value) 211.99M
Book Value Per Share 0.98
Working Capital 453.63M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$107.38 million and capital expenditures -$16.82 million, giving a free cash flow of -$124.20 million.

Operating Cash Flow -107.38M
Capital Expenditures -16.82M
Depreciation & Amortization 37.24M
Net Borrowing 361.09M
Free Cash Flow -124.20M
FCF Per Share -$0.58
Full Cash Flow Statement

Margins

Gross Margin 18.83%
Operating Margin -496.54%
Pretax Margin -476.61%
Profit Margin n/a
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin n/a

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 -8.58%
Shareholder Yield -8.58%
Earnings Yield -23.51%
FCF Yield -17.17%

Analyst Forecast

The average price target for Enovix is $10.86, which is 221.30% higher than the current price. The consensus rating is "Buy".

Price Target $10.86
Price Target Difference 221.30%
Analyst Consensus Buy
Analyst Count 12
Revenue Growth Forecast (3Y) 91.29%
EPS Growth Forecast (3Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside 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 -0.09 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -0.09
Piotroski F-Score 4