Enovix Corp
NASDAQ:ENVX

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Enovix Corp
NASDAQ:ENVX
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Price: 8.96 USD -1.43% Market Closed
Market Cap: 1.9B USD

Relative Value

The Relative Value of one ENVX stock under the Base Case scenario is 3.52 USD. Compared to the current market price of 8.96 USD, Enovix Corp is Overvalued by 61%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ENVX Relative Value
Base Case
3.52 USD
Overvaluation 61%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
60
vs Industry
1
Median 3Y
122.7
Median 5Y
79
Industry
2
Forward
61.1
vs History
vs Industry
Median 3Y
-10.3
Median 5Y
-15.3
Industry
25.4
Forward
-14.8
vs History
vs Industry
Median 3Y
-19.5
Median 5Y
-23.2
Industry
16.4
vs History
16
vs Industry
1
Median 3Y
-9.1
Median 5Y
-14.1
Industry
22.5
vs History
62
vs Industry
8
Median 3Y
7.9
Median 5Y
7.9
Industry
2.3
vs History
60
vs Industry
1
Median 3Y
118.4
Median 5Y
77.7
Industry
2
Forward
59.8
vs History
13
vs Industry
Median 3Y
-47.2
Median 5Y
-96
Industry
8.1
vs History
vs Industry
Median 3Y
-10.4
Median 5Y
-14.1
Industry
16.3
Forward
-21.5
vs History
vs Industry
Median 3Y
-9.1
Median 5Y
-11.7
Industry
20.1
Forward
-13.3
vs History
vs Industry
Median 3Y
-18.1
Median 5Y
-21.6
Industry
16.1
vs History
vs Industry
Median 3Y
-11.9
Median 5Y
-13.6
Industry
19.3
vs History
86
vs Industry
6
Median 3Y
8
Median 5Y
9.9
Industry
1.8

Multiples Across Competitors

ENVX Competitors Multiples
Enovix Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Enovix Corp
NASDAQ:ENVX
1.9B USD 63.7 -12.1 -14.2 -11.3
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
1.8T CNY 4.6 27.8 24.5 24.5
FR
Schneider Electric SE
PAR:SU
132.1B EUR 3.4 30.7 16.9 20.9
CH
Abb Ltd
SIX:ABBN
106.9B CHF 3.9 29.9 19.7 22.5
IE
Eaton Corporation PLC
NYSE:ETN
131.1B USD 4.9 33.4 23.3 27.9
US
Emerson Electric Co
NYSE:EMR
77.3B USD 4.3 33.7 16.4 23.3
US
Vertiv Holdings Co
NYSE:VRT
72.3B USD 7.5 69.9 35.9 41.9
KR
LG Energy Solution Ltd
KRX:373220
99.7T KRW 4 -100.7 25.1 103.3
CN
Sungrow Power Supply Co Ltd
SZSE:300274
377.3B CNY 4 24.6 19.9 19.9
US
AMETEK Inc
NYSE:AME
46B USD 6.4 31.3 20.4 24.8
US
Rockwell Automation Inc
NYSE:ROK
45.4B USD 5.4 52.4 29.9 37.4
P/E Multiple
Earnings Growth PEG
US
Enovix Corp
NASDAQ:ENVX
Average P/E: 37.1
Negative Multiple: -12.1
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
27.8
27%
1
FR
Schneider Electric SE
PAR:SU
30.7
16%
1.9
CH
Abb Ltd
SIX:ABBN
29.9
14%
2.1
IE
Eaton Corporation PLC
NYSE:ETN
33.4
17%
2
US
Emerson Electric Co
NYSE:EMR
33.7
24%
1.4
US
Vertiv Holdings Co
NYSE:VRT
69.9
72%
1
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -100.7 N/A N/A
CN
Sungrow Power Supply Co Ltd
SZSE:300274
24.6
21%
1.2
US
AMETEK Inc
NYSE:AME
31.3
14%
2.2
US
Rockwell Automation Inc
NYSE:ROK
52.4
26%
2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Enovix Corp
NASDAQ:ENVX
Average EV/EBITDA: 23.2
Negative Multiple: -14.2
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
24.5
36%
0.7
FR
Schneider Electric SE
PAR:SU
16.9
10%
1.7
CH
Abb Ltd
SIX:ABBN
19.7
12%
1.6
IE
Eaton Corporation PLC
NYSE:ETN
23.3
14%
1.7
US
Emerson Electric Co
NYSE:EMR
16.4
8%
2
US
Vertiv Holdings Co
NYSE:VRT
35.9
29%
1.2
KR
LG Energy Solution Ltd
KRX:373220
25.1
40%
0.6
CN
Sungrow Power Supply Co Ltd
SZSE:300274
19.9
23%
0.9
US
AMETEK Inc
NYSE:AME
20.4
8%
2.5
US
Rockwell Automation Inc
NYSE:ROK
29.9
15%
2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Enovix Corp
NASDAQ:ENVX
Average EV/EBIT: 34.6
Negative Multiple: -11.3
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
24.5
25%
1
FR
Schneider Electric SE
PAR:SU
20.9
11%
1.9
CH
Abb Ltd
SIX:ABBN
22.5
13%
1.7
IE
Eaton Corporation PLC
NYSE:ETN
27.9
16%
1.7
US
Emerson Electric Co
NYSE:EMR
23.3
12%
1.9
US
Vertiv Holdings Co
NYSE:VRT
41.9
34%
1.2
KR
LG Energy Solution Ltd
KRX:373220
103.3
108%
1
CN
Sungrow Power Supply Co Ltd
SZSE:300274
19.9
22%
0.9
US
AMETEK Inc
NYSE:AME
24.8
9%
2.8
US
Rockwell Automation Inc
NYSE:ROK
37.4
19%
2