Enovix Corp. () Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Lumentum Holdings, Inc.

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EnerSys

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Encore Wire Corp. (Delaware)

Fluence Energy, Inc.

Enovix Corp.

Atkore, Inc.

QuantumScape Corp.

Why is Enovix Corp. ?

INVENTORY TURNOVER RATIO(HY) Lowest at 3.94 times
DEBTORS TURNOVER RATIO(HY) Lowest at 6.76 times
INTEREST(Q) Highest at USD 11.77 MM

Risky -

The stock is trading risky as compared to its average historical valuations
Over the past year, while the stock has generated a return of -38.32%, its profits have risen by 25.6%

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -38.32% returns in the last 1 year, the stock has also underperformed S&P 500 in each of the last 3 annual periods

Real-Time Research Report

Verdict Report

How much should you sell?

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.

-40.59%

-0.67

85.33%

S&P 500

16.12%

0.77

19.29%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

136.47%

EBIT Growth (5y)

-243.51%

EBIT to Interest (avg)

-70.47

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

0.04

Tax Ratio

3.96%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

57.07%

ROCE (avg)

ROE (avg)

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

3.74

EV to EBIT

-6.38

EV to EBITDA

-8.02

EV to Capital Employed

4.06

EV to Sales

35.38

PEG Ratio

Dividend Yield

ROCE (Latest)

-63.57%

ROE (Latest)

-56.31%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

Bullish

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

No Trend

Bearish

OBV

No Trend

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

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

12What is working for the Company

OPERATING CASH FLOW(Y)

Highest at USD -84.26 MM

NET PROFIT(HY)

Higher at USD -94.22 MM

RAW MATERIAL COST(Y)

Fallen by -72.21% (YoY

NET SALES(Q)

At USD 7.99 MM has Grown at 20.15%

-21What is not working for the Company

INVENTORY TURNOVER RATIO(HY)

Lowest at 3.94 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 6.76 times

INTEREST(Q)

Highest at USD 11.77 MM

PRE-TAX PROFIT(Q)

Lowest at USD -56.06 MM

NET PROFIT(Q)

Lowest at USD -55.58 MM

Here's what is working for Enovix Corp.

Operating Cash Flow

Highest at USD -84.26 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 7.99 MM has Grown at 20.15%

over average net sales of the previous four periods of USD 6.65 MM

MOJO Watch

Near term sales trend is positive

Net Sales (USD MM)

Raw Material Cost

Fallen by -72.21% (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 9.4 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.

Pre-Tax Profit

At USD -56.06 MM has Fallen at -43.19%

over average net sales of the previous four periods of USD -39.15 MM

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (USD MM)

Interest

At USD 11.77 MM has Grown at 590.03%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (USD MM)

Net Profit

At USD -55.58 MM has Fallen at -39.76%

over average net sales of the previous four periods of USD -39.77 MM

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (USD MM)

Inventory Turnover Ratio

Lowest at 3.94 times and Fallen

In each half year in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Interest

Highest at USD 11.77 MM

in the last five periods and Increased by 590.03% (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (USD MM)

Pre-Tax Profit

Lowest at USD -56.06 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (USD MM)

Net Profit

Lowest at USD -55.58 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (USD MM)

Debtors Turnover Ratio

Lowest at 6.76 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio