Historical Valuation
Enovix Corp (ENVX) is now in the Fair zone, suggesting that its current forward PS ratio of 32.35 is considered Fairly compared with the five-year average of -14.59. The fair price of Enovix Corp (ENVX) is between 5.49 to 111.37 according to relative valuation methord.
Relative Value
Fair Zone
5.49-111.37
Current Price：7.92
Fair
P/E
EV/EBITDA
EV/EBIT
P/S
P/OCF
P/FCF
1Y
3Y
5Y
Trailing
Forward
Enovix Corp (ENVX) has a current Price-to-Book (P/B) ratio of 5.63. Compared to its 3-year average P/B ratio of 8.20 , the current P/B ratio is approximately -31.34% higher. Relative to its 5-year average P/B ratio of 7.52, the current P/B ratio is about -25.12% higher. Enovix Corp (ENVX) has a Forward Free Cash Flow (FCF) yield of approximately -7.10%. Compared to its 3-year average FCF yield of -8.82%, the current FCF yield is approximately -19.51% lower. Relative to its 5-year average FCF yield of -7.82% , the current FCF yield is about -9.23% lower.
P/B
Median3y
8.20
Median5y
7.52
FCF Yield
Median3y
-8.82
Median5y
-7.82
Competitors Valuation Multiple
AI Analysis for ENVX
The average P/S ratio for ENVX competitors is 8.10, providing a benchmark for relative valuation. Enovix Corp Corp (ENVX.O) exhibits a P/S ratio of 32.35, which is 299.14% above the industry average. Given its robust revenue growth of 85.08%, this premium appears sustainable.
Performance Decomposition
AI Analysis for ENVX
1Y
3Y
5Y
Market capitalization of ENVX increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of ENVX in the past 1 year is driven by Unknown.
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Frequently Asked Questions
Is ENVX currently overvalued or undervalued?
Enovix Corp (ENVX) is now in the Fair zone, suggesting that its current forward PS ratio of 32.35 is considered Fairly compared with the five-year average of -14.59. The fair price of Enovix Corp (ENVX) is between 5.49 to 111.37 according to relative valuation methord.
What is Enovix Corp (ENVX) fair value?
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. The fair price of Enovix Corp (ENVX) is between 5.49 to 111.37 according to relative valuation methord.
How does ENVX's valuation metrics compare to the industry average?
The average P/S ratio for ENVX's competitors is 8.10, providing a benchmark for relative valuation. Enovix Corp Corp (ENVX) exhibits a P/S ratio of 32.35, which is 299.14% above the industry average. Given its robust revenue growth of 85.08%, this premium appears sustainable.
What is the current P/B ratio for Enovix Corp (ENVX) as of Jan 10 2026?
As of Jan 10 2026, Enovix Corp (ENVX) has a P/B ratio of 5.63. This indicates that the market values ENVX at 5.63 times its book value.
What is the current FCF Yield for Enovix Corp (ENVX) as of Jan 10 2026?
As of Jan 10 2026, Enovix Corp (ENVX) has a FCF Yield of -7.10%. This means that for every dollar of Enovix Corp’s market capitalization, the company generates -7.10 cents in free cash flow.
What is the current Forward P/E ratio for Enovix Corp (ENVX) as of Jan 10 2026?
As of Jan 10 2026, Enovix Corp (ENVX) has a Forward P/E ratio of -8.72. This means the market is willing to pay $-8.72 for every dollar of Enovix Corp’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for Enovix Corp (ENVX) as of Jan 10 2026?
As of Jan 10 2026, Enovix Corp (ENVX) has a Forward P/S ratio of 32.35. This means the market is valuing ENVX at $32.35 for every dollar of expected revenue over the next 12 months.