ENVX Valuation

Enovix Corp

Add to Watchlist

Advanced Chart

12.210

+0.22(1.835%)1D

ENVX Relative Valuation

ENVX's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, ENVX is overvalued; if below, it's undervalued.

Historical Valuation

Enovix Corp (ENVX) is now in the Undervalued zone, suggesting that its current forward PS ratio of 11.99 is considered Undervalued compared with the five-year average of -14.83. The fair price of Enovix Corp (ENVX) is between 40.46 to 484.71 according to relative valuation methord. Compared to the current price of 12.29 USD , Enovix Corp is Undervalued By 69.61%.

Relative Value

Fair Zone

40.46-484.71

Current Price：12.29

69.61%

Undervalued

-14.66

Trailing

Forward

-26.08

EV/EBITDA

Enovix Corp. (ENVX) has a current EV/EBITDA of -26.08. The 5-year average EV/EBITDA is -19.60. The thresholds are as follows: Strongly Undervalued below -40.27, Undervalued between -40.27 and -29.94, Fairly Valued between -9.27 and -29.94, Overvalued between -9.27 and 1.07, and Strongly Overvalued above 1.07. The current Forward EV/EBITDA of -26.08 falls within the Historic Trend Line -Fairly Valued range.

-14.31

EV/EBIT

Enovix Corp. (ENVX) has a current EV/EBIT of -14.31. The 5-year average EV/EBIT is -13.43. The thresholds are as follows: Strongly Undervalued below -32.32, Undervalued between -32.32 and -22.88, Fairly Valued between -3.98 and -22.88, Overvalued between -3.98 and 5.47, and Strongly Overvalued above 5.47. The current Forward EV/EBIT of -14.31 falls within the Historic Trend Line -Fairly Valued range.

11.99

Enovix Corp. (ENVX) has a current PS of 11.99. The 5-year average PS is 309.14. The thresholds are as follows: Strongly Undervalued below -232.40, Undervalued between -232.40 and 38.37, Fairly Valued between 579.91 and 38.37, Overvalued between 579.91 and 850.68, and Strongly Overvalued above 850.68. The current Forward PS of 11.99 falls within the Undervalued range.

-23.26

P/OCF

Enovix Corp. (ENVX) has a current P/OCF of -23.26. The 5-year average P/OCF is -20.02. The thresholds are as follows: Strongly Undervalued below -40.93, Undervalued between -40.93 and -30.48, Fairly Valued between -9.56 and -30.48, Overvalued between -9.56 and 0.89, and Strongly Overvalued above 0.89. The current Forward P/OCF of -23.26 falls within the Historic Trend Line -Fairly Valued range.

-18.51

P/FCF

Enovix Corp. (ENVX) has a current P/FCF of -18.51. The 5-year average P/FCF is -11.42. The thresholds are as follows: Strongly Undervalued below -23.35, Undervalued between -23.35 and -17.38, Fairly Valued between -5.45 and -17.38, Overvalued between -5.45 and 0.51, and Strongly Overvalued above 0.51. The current Forward P/FCF of -18.51 falls within the Undervalued range.

Enovix Corp (ENVX) has a current Price-to-Book (P/B) ratio of 11.35. Compared to its 3-year average P/B ratio of 8.21 , the current P/B ratio is approximately 38.29% higher. Relative to its 5-year average P/B ratio of 7.71, the current P/B ratio is about 47.35% higher. Enovix Corp (ENVX) has a Forward Free Cash Flow (FCF) yield of approximately -5.92%. Compared to its 3-year average FCF yield of -8.84%, the current FCF yield is approximately -33.01% lower. Relative to its 5-year average FCF yield of -7.89% , the current FCF yield is about -24.96% lower.

11.35

P/B

Median3y

8.21

Median5y

7.71

-5.92

FCF Yield

Median3y

-8.84

Median5y

-7.89

Competitors Valuation Multiple

The average P/S ratio for ENVX's competitors is 38.44, providing a benchmark for relative valuation. Enovix Corp Corp (ENVX) exhibits a P/S ratio of 11.99, which is -68.80% above the industry average. Given its robust revenue growth of 98.20%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Nano Nuclear Energy Inc

47.54

2.27B

SEDG.O

Solaredge Technologies Inc

American Superconductor Corp

Microvast Holdings Inc

5.45

9.16%

1.76B

Performance Decomposition

Market capitalization of ENVX increased by 32.00% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 3.77M to 7.47M.

The secondary factor is the P/E Change, contributed 14.54%to the performance.

Overall, the performance of ENVX in the past 1 year is driven by Revenue Growth. Which is more sustainable.

98.20%

3.77M → 7.47M

Revenue Growth

-80.74%

-3.08K → -592.74

Margin Expansion

14.54%

-15.25 → -17.46

P/E Change

32.00%