Enovix Corp
NASDAQ:ENVX
Intrinsic Value
Enovix Corp. engages in advanced silicon-anode lithium-ion battery development and production. [ Read More ]
The intrinsic value of one ENVX stock under the Base Case scenario is 7.96 USD. Compared to the current market price of 5.84 USD, Enovix Corp is Undervalued by 27%.
Valuation Backtest
Enovix Corp
Run backtest to discover the historical profit from buying and selling ENVX stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Balance Sheet Decomposition
Enovix Corp
Current Assets | 323.2m |
Cash & Short-Term Investments | 306.8m |
Receivables | 2.4m |
Other Current Assets | 13.9m |
Non-Current Assets | 241.1m |
PP&E | 181.8m |
Intangibles | 54.3m |
Other Non-Current Assets | 5.1m |
Current Liabilities | 61m |
Accounts Payable | 21.3m |
Accrued Liabilities | 24.7m |
Short-Term Debt | 4.3m |
Other Current Liabilities | 10.7m |
Non-Current Liabilities | 245.1m |
Long-Term Debt | 169.1m |
Other Non-Current Liabilities | 76m |
Earnings Waterfall
Enovix Corp
Revenue
|
7.6m
USD
|
Cost of Revenue
|
-63.1m
USD
|
Gross Profit
|
-55.4m
USD
|
Operating Expenses
|
-167.4m
USD
|
Operating Income
|
-222.8m
USD
|
Other Expenses
|
8.8m
USD
|
Net Income
|
-214.1m
USD
|
Free Cash Flow Analysis
Enovix Corp
ENVX Profitability Score
Profitability Due Diligence
Enovix Corp's profitability score is 20/100. The higher the profitability score, the more profitable the company is.
Score
Enovix Corp's profitability score is 20/100. The higher the profitability score, the more profitable the company is.
ENVX Solvency Score
Solvency Due Diligence
Enovix Corp's solvency score is 47/100. The higher the solvency score, the more solvent the company is.
Score
Enovix Corp's solvency score is 47/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
ENVX Price Targets Summary
Enovix Corp
According to Wall Street analysts, the average 1-year price target for ENVX is 30.32 USD with a low forecast of 12.12 USD and a high forecast of 105 USD.
Ownership
ENVX Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
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3 Months |
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6 Months |
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9 Months |
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12 Months |
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Shareholder Return
ENVX Price
Enovix Corp
Average Annual Return | -15.51% |
Standard Deviation of Annual Returns | 56.38% |
Max Drawdown | -84% |
Market Capitalization | 977.6m USD |
Shares Outstanding | 168 504 000 |
Percentage of Shares Shorted | 25.17% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Enovix Corp. engages in advanced silicon-anode lithium-ion battery development and production. The company is headquartered in Fremont, California. The company went IPO on 2020-12-04. The firm has developed and delivered sample batteries to consumer electronics manufacturers. The firm is developing custom three-dimensional (3D) silicon lithium-ion batteries for wearable, mobile computing and communication device applications. The firm's product includes model EX01-351144 for eyeware cell, which consists of approximately 664 watt-hours per liter (Wh/l) of energy density; model EX01-351829 for wearable devices, which consists of 714 Wh/l of energy density; model EX01-543870 for handset cell, and model EX01-395578 for smartphone or laptop cell, which consists of approximately 900 Wh/l of energy density. The firm is also developing its 3D cell technology and production process with automobile manufacturers for the electric vehicle and energy storage markets.
Contact
IPO
Employees
Officers
The intrinsic value of one ENVX stock under the Base Case scenario is 7.96 USD.
Compared to the current market price of 5.84 USD, Enovix Corp is Undervalued by 27%.