Enovix Corp ENVX

Morningstar Rating
$2.80 +0.02 (0.72%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ENVX is trading at a LOCK|Jb!!sh premium.
Price
$2.80
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

News

Trading Information

Previous Close Price
$2.78
Day Range
$2.73–2.92
52-Week Range
$2.48–14.21
Bid/Ask
$2.81 / $2.85
Shares Outstanding
219.45M
Market Cap
$614.46M
Volume/Avg
5M / 7M

Key Statistics

Price/Earnings (Normalized)
—
Price/Sales
16.62
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
9.50%

Company Profile

Enovix Corp is engaged in designing, developing, manufacturing, and commercializing Lithium-ion, or Li-ion, battery cells. It uses BreakFlow and Encapsulation technologies to manufacture high capacity and resilient batteries. The company's product portfolio comprises power disc batteries, flexible lithium-ion polymer batteries, superior lithium-ion polymer batteries, active silicon lithium-ion cells, and others. Geographically, the company generates maximum revenue from its customers in South Korea, followed by Switzerland, the United States, Norway, Taiwan, and other regions.
Sector
Industrials
Industry
Electrical Equipment & Parts
Stock Style Box
Small Core
Total Number of Employees
664

Valuation

Metric
ENVX
Price/Earnings (Normalized)
—
Price/Book Value
2.89
Price/Sales
16.62
Price/Cash Flow
—
Price/Earnings
ENVX

Financial Strength

Metric
ENVX
Quick Ratio
9.19
Current Ratio
9.71
Interest Coverage
−4.99
Quick Ratio
ENVX

Profitability

Metric
ENVX
Return on Assets (Normalized)
−15.07%
Return on Equity (Normalized)
−48.12%
Return on Invested Capital (Normalized)
−14.63%
Return on Assets
ENVX

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