How big is Enovix Corp.?

As of Jun 18, Enovix Corp. has a market capitalization of $1.62 billion, classifying it as a Small Cap company. As of Jun 24, the company reported net sales of $22.91 million and a net profit loss of $199.57 million.

As of Jun 18, Enovix Corp. has a market capitalization of 1,620.51 million, classifying it as a Small Cap company.<BR><BR>As of Jun 24, the company reported net sales of 22.91 million for the latest four quarters. During the same period, Enovix Corp. experienced a net profit loss of 199.57 million.<BR><BR>As of Dec 24, the company's shareholder's funds stood at 246.74 million, while total assets were reported at 529.81 million.

What does Enovix Corp. do?

Enovix Corp. is a small-cap company in the Electronics & Appliances industry, reporting net sales of $5 million and a net loss of $24 million as of March 2025. Key metrics include a market cap of $1.62 billion, a P/E ratio of NA, and a dividend yield of 0%.

Overview: <BR>Enovix Corp. operates in the Electronics & Appliances industry and is classified as a small-cap company.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 5 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -24 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 1,620.51 Million (Small Cap)<BR><BR>Key Metrics: <BR>P/E: NA (Loss Making) <BR>Industry P/E: NA <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.29 <BR>Return on Equity: -70.03% <BR>Price to Book: 6.89<BR><BR>Contact Details: <BR>Registrar Address: Not available.

Should I buy, sell or hold Enovix Corp.?

Is Enovix Corp. overvalued or undervalued?

As of August 10, 2022, Enovix Corp. is considered a risky investment due to its overvaluation, reflected in a Price to Book Value of 6.79, an EV to Sales ratio of 66.68, and a ROCE of -104.05%, alongside poor stock performance compared to the S&P 500.

As of 10 August 2022, the valuation grade for Enovix Corp. has moved from does not qualify to risky. Based on the analysis, the company appears to be overvalued given its significant negative financial metrics. The P/E ratio is not applicable due to losses, while the Price to Book Value stands at 6.79, and the EV to Sales is alarmingly high at 66.68. Additionally, the ROCE is at -104.05%, indicating severe inefficiencies in capital utilization.<BR><BR>When comparing Enovix to its peers, Lumentum Holdings, Inc. has a P/E ratio of -15.94 and an EV to EBITDA of -593.05, while Bloom Energy Corp. shows a stark contrast with a P/E of 145.06 and an EV to EBITDA of 36.11, highlighting the disparity in valuation within the sector. Furthermore, Enovix's recent stock performance has lagged significantly behind the S&P 500, with a year-to-date return of -25.39% compared to the index's 2.44%, reinforcing the notion that the stock may be overvalued in its current state.

Is Enovix Corp. technically bullish or bearish?

As of September 12, 2025, Enovix Corp.'s technical trend is neutral with mixed signals, having outperformed the S&P 500 in the past week but underperformed over the past month and year-to-date, returning 17.31% compared to the S&P 500's 17.14% over the last year.

As of 12 September 2025, the technical trend for Enovix Corp. has changed from mildly bullish to sideways. The current technical stance is neutral, with key indicators showing mixed signals: the MACD is mildly bearish on the weekly and mildly bullish on the monthly, while the moving averages indicate a mildly bullish trend on the daily. The KST and Dow Theory are both mildly bearish on the weekly and monthly time frames. <BR><BR>In terms of performance, Enovix Corp. has outperformed the S&P 500 over the past week with a return of 24.5% compared to 1.05%, but it has underperformed over the past month and year-to-date. Over the last year, the stock has returned 17.31%, slightly above the S&P 500's 17.14%.