Employees: 664
Size Enovix (ENVX) is a United States Industrials company (Electrical Products) with a market value of $606M, the 2577th largest of 3,117 United States companies the cockpit tracks. Shares closed at $2.76 on 6 Nov 2026.
Performance Over six months the shares fell 58.2%, against -34.2% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 21 in its peer set.
Growth Revenue grew 34.9% over the last twelve months (peer median +7.1%); the operating margin is -496.5% (peer median 1.2%).
Valuation It trades at 2.88× book value against a peer median of 3.30× (8th cheapest of 20).
Price implies The share price implies a return on equity of about 42.0%; Enovix delivers -82.2%, so the price asks more than the business earns today.
Short interest Short interest is 26.2% of the free float (15 Oct 2026).
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $35.9M | $31.8M | $23.1M | $7.64M | $6.20M |
| Revenue growth | — | +38% | +202% | +23% | — |
| Gross profit | -$8.84M | -$27.6M | -$44.9M | -$55.4M | -$17.0M |
| EBITDA | -$141M | -$143M | -$158M | -$187M | -$119M |
| Net income | -$170M | -$157M | -$222M | -$214M | -$51.6M |
| Free cash flow | -$124M | -$114M | -$185M | -$166M | -$119M |
| Capital expenditure | $16.8M | $18.2M | $76.2M | $61.8M | $36.2M |
| Total debt | $537M | $540M | $195M | $191M | $8.23M |
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Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ENVX | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +10.4% | -12.8% | 2nd highest of 21 |
| 6-month return | -58.2% | -34.2% | 3rd lowest of 21 |
| Return on equity | -82.2% | 0.9% | 2nd lowest of 20 |
| Price / book | 2.88× | 3.30× | 8th cheapest of 20 |
| ROE the price implies | 42.0% | 29.4% | 8th most demanding of 20 |
| ROE delivered | -82.2% | 0.9% | 2nd lowest of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Enovix ENVX | United States | $606M | -58% | +35% | -82% | 2.88× | 42.0% | -82.2% |
| Henan Tong-Da Cable 002560.SZ | China | $607M | -47% | +16% | 5% | 1.52× | 14.3% | 4.8% |
| Shenzhen Bromake New Material 301387.SZ | China | $602M | -45% | +25% | -2% | 2.49× | 29.4% | -2.0% |
| CyberPower Systems 3617.TW | Taiwan | $610M | +11% | 0% | 22% | 2.04× | 12.0% | 21.9% |
| Wuxi New Hongtai Electrical Technology 603016.SS | China | $614M | -50% | -4% | 7% | 5.03× | 46.4% | 6.8% |
| Nano Nuclear Energy NNE | United States | $597M | -60% | n/a | -8% | 0.97× | 19.3% | -8.0% |
| Jiangsu Yangdian Science & Technology 301012.SZ | China | $596M | -43% | 0% | 4% | 3.30× | 26.3% | 3.9% |
| Sanbian Sci-Tech 002112.SZ | China | $617M | -37% | +7% | 1% | 4.26× | 33.6% | 0.9% |
| Chongqing Wangbian Electric (Group) 603191.SS | China | $594M | -42% | +5% | -1% | 1.49× | 14.1% | -1.3% |
| Suzhou Longway Electronic Machinery 301202.SZ | China | $589M | -25% | +27% | 6% | 3.36× | 47.2% | 5.6% |
| Energy Vault NRGV | United States | $589M | -28% | +337% | -232% | 84.64× | 723.9% | -232.5% |
| XP Power XPP.L | United Kingdom | $589M | -17% | -1% | -5% | 2.49× | 42.1% | -4.8% |
| SEC Electric Machinery 603988.SS | China | $585M | -33% | -15% | 0% | 5.92× | 57.6% | -0.1% |
| Powerica POWERICA.NS | India | $628M | -5% | +14% | 17% | 2.98× | 22.0% | n/a |
| Jiangsu Huachen Transformer 603097.SS | China | $629M | -4% | +13% | 2% | 3.65× | 20.9% | 1.7% |
| Nanjing CIGU Technology 688448.SS | China | $581M | -15% | -18% | 0% | 3.79× | 40.4% | 0.0% |
| Nanjing Quanxin Cable Technology 300447.SZ | China | $581M | -35% | +8% | 2% | 1.92× | 17.1% | 1.6% |
| Shaanxi Baoguang Vacuum Electronic Apparatus 600379.SS | China | $580M | -30% | +7% | 8% | 4.73× | 54.1% | 7.7% |
| Eos Energy Enterprises EOSE | United States | $634M | -78% | +534% | n/a | n/a | n/a | n/a |
| Zhejiang Founder Motor 002196.SZ | China | $634M | -35% | +26% | 1% | 3.15× | 28.3% | 0.8% |
| Zhejiang Sunflower Great Health 300111.SZ | China | $635M | -15% | -20% | -3% | 6.35× | 43.0% | -3.1% |