Enovix Corp
NASDAQ:ENVX

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Enovix Corp
NASDAQ:ENVX
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Price: 9.93 USD -5.7% Market Closed
Market Cap: 1.9B USD

Relative Value

The Relative Value of one ENVX stock under the Base Case scenario is 6.23 USD. Compared to the current market price of 9.93 USD, Enovix Corp is Overvalued by 37%.

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
6.23 USD
Overvaluation 37%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
49
vs Industry
1
Median 3Y
206.3
Median 5Y
88.3
Industry
1.8
Forward
53.2
vs History
vs Industry
Median 3Y
-10.3
Median 5Y
-15.4
Industry
22.6
Forward
-14.5
vs History
vs Industry
Median 3Y
-20
Median 5Y
-23.7
Industry
15.3
vs History
vs Industry
1
Median 3Y
-11.7
Median 5Y
-15.9
Industry
20.7
vs History
36
vs Industry
8
Median 3Y
6.9
Median 5Y
7.8
Industry
2
vs History
49
vs Industry
1
Median 3Y
156.2
Median 5Y
85.3
Industry
1.8
Forward
51.3
vs History
0
vs Industry
Median 3Y
-69.4
Median 5Y
-105
Industry
7.3
vs History
vs Industry
Median 3Y
-10.4
Median 5Y
-13.4
Industry
14.5
Forward
-18.3
vs History
vs Industry
Median 3Y
-9.1
Median 5Y
-11.5
Industry
18.3
Forward
-12.7
vs History
vs Industry
Median 3Y
-16.8
Median 5Y
-20.9
Industry
14.9
vs History
vs Industry
Median 3Y
-10.7
Median 5Y
-13.1
Industry
17.6
vs History
65
vs Industry
6
Median 3Y
9.7
Median 5Y
12.8
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
1.9B USD 83.3 -9.5 -12.6 -10.6
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
1.1T CNY 3 20.4 17.7 17.7
FR
Schneider Electric SE
PAR:SU
129B EUR 3.4 30.2 16.4 20.3
IE
Eaton Corporation PLC
NYSE:ETN
138.2B USD 5.5 35.1 24.9 29.7
CH
Abb Ltd
SIX:ABBN
87.6B CHF 3.3 26.5 17.8 20.4
US
Emerson Electric Co
NYSE:EMR
74.5B USD 4.2 31.1 17.5 26.8
KR
LG Energy Solution Ltd
KRX:373220
67.4T KRW 2.6 -57.9 19.2 88.5
US
Vertiv Holdings Co
NYSE:VRT
48.4B USD 5.8 72.7 28.5 33.9
US
AMETEK Inc
NYSE:AME
41.5B USD 6 29.3 19.3 23.4
US
Rockwell Automation Inc
NYSE:ROK
37B USD 4.6 41 24.7 33.6
FR
Legrand SA
PAR:LR
29.9B EUR 3.5 25.7 16.1 19.8
P/E Multiple
Earnings Growth PEG
US
Enovix Corp
NASDAQ:ENVX
Average P/E: 34.7
Negative Multiple: -9.5
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
20.4
23%
0.9
FR
Schneider Electric SE
PAR:SU
30.2
18%
1.7
IE
Eaton Corporation PLC
NYSE:ETN
35.1
16%
2.2
CH
Abb Ltd
SIX:ABBN
26.5
11%
2.4
US
Emerson Electric Co
NYSE:EMR
31.1
26%
1.2
KR
LG Energy Solution Ltd
KRX:373220
Negative Multiple: -57.9 N/A N/A
US
Vertiv Holdings Co
NYSE:VRT
72.7
61%
1.2
US
AMETEK Inc
NYSE:AME
29.3
11%
2.7
US
Rockwell Automation Inc
NYSE:ROK
41
16%
2.6
FR
Legrand SA
PAR:LR
25.7
11%
2.3
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Enovix Corp
NASDAQ:ENVX
Average EV/EBITDA: 20.2
Negative Multiple: -12.6
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
17.7
34%
0.5
FR
Schneider Electric SE
PAR:SU
16.4
10%
1.6
IE
Eaton Corporation PLC
NYSE:ETN
24.9
12%
2.1
CH
Abb Ltd
SIX:ABBN
17.8
9%
2
US
Emerson Electric Co
NYSE:EMR
17.5
12%
1.5
KR
LG Energy Solution Ltd
KRX:373220
19.2
42%
0.5
US
Vertiv Holdings Co
NYSE:VRT
28.5
20%
1.4
US
AMETEK Inc
NYSE:AME
19.3
6%
3.2
US
Rockwell Automation Inc
NYSE:ROK
24.7
12%
2.1
FR
Legrand SA
PAR:LR
16.1
8%
2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Enovix Corp
NASDAQ:ENVX
Average EV/EBIT: 31.4
Negative Multiple: -10.6
N/A N/A
CN
Contemporary Amperex Technology Co Ltd
SZSE:300750
17.7
21%
0.8
FR
Schneider Electric SE
PAR:SU
20.3
12%
1.7
IE
Eaton Corporation PLC
NYSE:ETN
29.7
15%
2
CH
Abb Ltd
SIX:ABBN
20.4
10%
2
US
Emerson Electric Co
NYSE:EMR
26.8
25%
1.1
KR
LG Energy Solution Ltd
KRX:373220
88.5
121%
0.7
US
Vertiv Holdings Co
NYSE:VRT
33.9
25%
1.4
US
AMETEK Inc
NYSE:AME
23.4
8%
2.9
US
Rockwell Automation Inc
NYSE:ROK
33.6
14%
2.4
FR
Legrand SA
PAR:LR
19.8
10%
2