Enovix Corporation
General ticker "ENVX" information:
- Sector: Industrials
- Industry: Electrical Equipment
- Capitalization: $1.9B (TTM average)
Enovix Corporation follows the US Stock Market performance with the rate: 45.9%.
Estimated limits based on current volatility of 4.9%: low 7.71$, high 8.50$
Factors to consider:
- Total employees count: 570 (+1.6%) as of 2024
- US accounted for 3.9% of revenue in the fiscal year ended 2024-12-29
- Top business risk factors: Geopolitical risks, Regulatory and compliance, Currency fluctuations, Supply chain disruptions, Customer concentration
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-29 to 2026-12-29
- 2024-12-29 to 2025-12-29 estimated range: [5.87$, 13.23$]
- 2025-12-29 to 2026-12-29 estimated range: [4.89$, 11.33$]
Financial Metrics affecting the ENVX estimates:
- Negative: with PPE of -13.1 at the end of fiscal year the price was high
- Negative: negative Operating income
- Negative: Operating cash flow per share per price, % of -6.51 <= 0.33
- Negative: negative Net income
- Negative: negative Industry operating cash flow (median)
- Positive: Investing cash flow per share per price, % of -0.08 > -0.66
- Positive: 41.86 < Shareholder equity ratio, % of 46.80 <= 63.39
- Positive: Industry inventory ratio change (median), % of -1.16 <= -0.15
Short-term ENVX quotes
Long-term ENVX plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-29 |
|---|---|---|---|
| Operating Revenue | $6.20MM | $7.64MM | $23.07MM |
| Operating Expenses | $138.18MM | $237.90MM | $265.74MM |
| Operating Income | $-131.98MM | $-230.25MM | $-242.67MM |
| Non-Operating Income | $80.36MM | $15.49MM | $18.74MM |
| Interest Expense | $5.23MM | $4.46MM | $6.79MM |
| R&D Expense | $58.05MM | $88.39MM | $124.51MM |
| Income(Loss) | $-51.62MM | $-214.76MM | $-223.93MM |
| Taxes | $0.00MM | $-0.63MM | $-1.39MM |
| Profit(Loss)* | $-51.62MM | $-214.07MM | $-222.24MM |
| Stockholders Equity | $356.43MM | $258.15MM | $246.74MM |
| Inventory | $0.63MM | $8.74MM | $7.66MM |
| Assets | $440.59MM | $564.30MM | $527.17MM |
| Operating Cash Flow | $-82.74MM | $-104.64MM | $-108.63MM |
| Capital expenditure | $36.21MM | $32.98MM | $76.19MM |
| Investing Cash Flow | $-36.21MM | $-142.96MM | $-1.38MM |
| Financing Cash Flow | $56.51MM | $159.59MM | $150.75MM |
| Earnings Per Share** | $-0.34 | $-1.36 | $-1.27 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.