Enovix Corp
NASDAQ:ENVX

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Enovix Corp
NASDAQ:ENVX
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Price: 14.07 USD -0.35% Market Closed
Market Cap: 2.7B USD

Relative Value

The Relative Value of one ENVX stock under the Base Case scenario is 6.38 USD. Compared to the current market price of 14.07 USD, Enovix Corp is Overvalued by 55%.

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
6.38 USD
Overvaluation 55%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
41
vs Industry
1
Median 3Y
206.3
Median 5Y
87.9
Industry
1.8
Forward
79.2
vs History
vs Industry
Median 3Y
-10.3
Median 5Y
-15
Industry
22.9
Forward
-21.1
vs History
vs Industry
Median 3Y
-20
Median 5Y
-24.1
Industry
15.4
vs History
vs Industry
1
Median 3Y
-11.7
Median 5Y
-16.2
Industry
20.9
vs History
23
vs Industry
8
Median 3Y
7.3
Median 5Y
7.8
Industry
2.1
vs History
41
vs Industry
1
Median 3Y
156.2
Median 5Y
83.8
Industry
1.8
Forward
77.1
vs History
0
vs Industry
Median 3Y
-63
Median 5Y
-103.7
Industry
7.4
vs History
vs Industry
Median 3Y
-10.4
Median 5Y
-13.3
Industry
14.7
Forward
-26.2
vs History
vs Industry
Median 3Y
-9.1
Median 5Y
-11.6
Industry
18.6
Forward
-18.2
vs History
vs Industry
Median 3Y
-18.1
Median 5Y
-20.8
Industry
15
vs History
vs Industry
Median 3Y
-11.8
Median 5Y
-13.2
Industry
17.7
vs History
51
vs Industry
6
Median 3Y
9.7
Median 5Y
12.2
Industry
1.6

Multiples Across Competitors

ENVX Competitors Multiples
Enovix Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Enovix Corp
NASDAQ:ENVX
2.7B USD 118 -13.5 -18.1 -15.2
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
1.2T CNY 3.2 21.7 19 19
FR
Schneider Electric SE
PAR:SU
126.3B EUR 3.3 29.6 16.1 19.9
IE
Eaton Corporation PLC
NYSE:ETN
141.1B USD 5.6 35.8 25.4 30.3
CH
Abb Ltd
SIX:ABBN
87.1B CHF 3.3 26.5 17.8 20.4
US
Emerson Electric Co
NYSE:EMR
78.8B USD 4.5 32.9 18.4 28.2
KR
LG Energy Solution Ltd
KRX:373220
73.7T KRW 2.9 -63.3 20.7 95.5
US
Vertiv Holdings Co
NYSE:VRT
47B USD 5.6 70.5 27.7 32.9
US
AMETEK Inc
NYSE:AME
41.8B USD 6 29.5 19.4 23.6
US
Rockwell Automation Inc
NYSE:ROK
38.7B USD 4.9 42.8 25.7 35
FR
Legrand SA
PAR:LR
29.8B EUR 3.4 25.5 16 19.7
P/E Multiple
Earnings Growth PEG
US
Enovix Corp
NASDAQ:ENVX
Average P/E: 35
Negative Multiple: -13.5
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
21.7
23%
0.9
FR
Schneider Electric SE
PAR:SU
29.6
19%
1.6
IE
Eaton Corporation PLC
NYSE:ETN
35.8
16%
2.2
CH
Abb Ltd
SIX:ABBN
26.5
11%
2.4
US
Emerson Electric Co
NYSE:EMR
32.9
27%
1.2
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -63.3 N/A N/A
US
Vertiv Holdings Co
NYSE:VRT
70.5
61%
1.2
US
AMETEK Inc
NYSE:AME
29.5
11%
2.7
US
Rockwell Automation Inc
NYSE:ROK
42.8
16%
2.7
FR
Legrand SA
PAR:LR
25.5
11%
2.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Enovix Corp
NASDAQ:ENVX
Average EV/EBITDA: 20.6
Negative Multiple: -18.1
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
19
34%
0.6
FR
Schneider Electric SE
PAR:SU
16.1
10%
1.6
IE
Eaton Corporation PLC
NYSE:ETN
25.4
12%
2.1
CH
Abb Ltd
SIX:ABBN
17.8
9%
2
US
Emerson Electric Co
NYSE:EMR
18.4
12%
1.5
KR
LG Energy Solution Ltd
KRX:373220
20.7
42%
0.5
US
Vertiv Holdings Co
NYSE:VRT
27.7
20%
1.4
US
AMETEK Inc
NYSE:AME
19.4
6%
3.2
US
Rockwell Automation Inc
NYSE:ROK
25.7
12%
2.1
FR
Legrand SA
PAR:LR
16
8%
2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Enovix Corp
NASDAQ:ENVX
Average EV/EBIT: 32.4
Negative Multiple: -15.2
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
19
21%
0.9
FR
Schneider Electric SE
PAR:SU
19.9
12%
1.7
IE
Eaton Corporation PLC
NYSE:ETN
30.3
15%
2
CH
Abb Ltd
SIX:ABBN
20.4
10%
2
US
Emerson Electric Co
NYSE:EMR
28.2
25%
1.1
KR
LG Energy Solution Ltd
KRX:373220
95.5
121%
0.8
US
Vertiv Holdings Co
NYSE:VRT
32.9
25%
1.3
US
AMETEK Inc
NYSE:AME
23.6
8%
2.9
US
Rockwell Automation Inc
NYSE:ROK
35
14%
2.5
FR
Legrand SA
PAR:LR
19.7
10%
2