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Enovix Corp.

  • Market Cap: Small Cap
  • Industry: Electronics & Appliances
  • ISIN: US2935941078
USD
9.09
1.55 (20.56%)

Dec 04

NAS

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Comparison
Company
Score
Quality
Valuation
Financial
Technical
Lumentum Holdings, Inc.
Acuity Brands, Inc.
Belden, Inc.
Bloom Energy Corp.
EnerSys
Generac Holdings, Inc.
Encore Wire Corp. (Delaware)
Enovix Corp.
Fluence Energy, Inc.
Atkore, Inc.
QuantumScape Corp.
Why is Enovix Corp. ?
1
  • DEBT-EQUITY RATIO (HY) Highest at -5.59 %
  • INVENTORY TURNOVER RATIO(HY) Lowest at 4.22 times
2
Risky - Negative EBITDA
  • The stock is trading risky as compared to its average historical valuations
  • Over the past year, while the stock has generated a return of -20.57%, its profits have risen by 25%
3
Reducing Promoter Confidence
  • Promoters have decreased their stake in the company by -4.02% over the previous quarter and currently hold 0.02% of the company
  • Promoters decreasing their stake may signify reduced confidence in the future of the business
4
Consistent Underperformance against the benchmark over the last 3 years
  • Along with generating -20.57% returns in the last 1 year, the stock has also underperformed S&P 500 in each of the last 3 annual periods
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Enovix Corp. for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
Enovix Corp.
-8.09%
-0.37
89.94%
S&P 500
13.22%
0.61
20.17%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
73.42%
EBIT Growth (5y)
-34.11%
EBIT to Interest (avg)
-70.47
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.04
Tax Ratio
3.96%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
57.07%
ROCE (avg)
0
ROE (avg)
0
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
6.79
EV to EBIT
-8.81
EV to EBITDA
-10.46
EV to Capital Employed
9.17
EV to Sales
66.68
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-104.05%
ROE (Latest)
-70.03%
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
Mildly Bearish
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

12What is working for the Company
OPERATING CASH FLOW(Y)

Highest at USD -89.41 MM

NET PROFIT(HY)

Higher at USD -77.95 MM

RAW MATERIAL COST(Y)

Fallen by -41.98% (YoY

NET SALES(Q)

At USD 7.47 MM has Grown at 30.45%

-3What is not working for the Company
DEBT-EQUITY RATIO (HY)

Highest at -5.59 %

INVENTORY TURNOVER RATIO(HY)

Lowest at 4.22 times

Here's what is working for Enovix Corp.
Net Profit
Higher at USD -77.95 MM
than preceding 12 month period ended Jun 2025
MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months

Net Profit (USD MM)

Operating Cash Flow
Highest at USD -89.41 MM
in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (USD MM)

Net Sales
At USD 7.47 MM has Grown at 30.45%
over average net sales of the previous four periods of USD 5.72 MM
MOJO Watch
Near term sales trend is positive

Net Sales (USD MM)

Raw Material Cost
Fallen by -41.98% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Depreciation
Highest at USD 8.83 MM
in the last five periods
MOJO Watch
The expenditure on assets done by the company may have gone into operation

Depreciation (USD MM)

Here's what is not working for Enovix Corp.
Debt-Equity Ratio
Highest at -5.59 % and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Inventory Turnover Ratio
Lowest at 4.22 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling inventory has slowed

Inventory Turnover Ratio

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