Enovix Corporation

Enovix Corporation

2.55
USD
+0.01
(+0.39%)
-0.79EPS
1.33BMarket Cap
Feb 24Next Earn

Total Valuation

USD

As of June 30, 2026, Enovix Corporation carries a market capitalization of 1.33B, placing it among publicly traded companies globally. Its enterprise value stands at 1.39B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap1.33B
Enterprise Value1.39B

Important Dates

Enovix Corporation's next confirmed earnings release is scheduled for February 24, 2027.

Earnings Date2/24/2027

Share Statistics

As of June 30, 2026, Enovix Corporation has 219.20M shares outstanding.

Shares Outstanding219.20M

Valuation Ratios

These figures are as of June 30, 2026. The price-to-sales ratio is 36.32, and the price-to-book ratio stands at 6.34.

PS Ratio36.32
PB Ratio6.34
P/TBV Ratio7.89
P/FCF Ratio-10.50
P/OCF Ratio-12.13

Enterprise Valuation

These figures are as of June 30, 2026. The EV/Sales ratio of 38.86 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 1.39B versus a market cap of 1.33B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales38.86

Financial Position

As of June 30, 2026, Enovix Corporation maintains a current ratio of 9.71, meaning it holds 9.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 253.54, indicating elevated leverage, while an interest coverage ratio of -4.44 demonstrates limited ability to service its debt obligations.

Current Ratio9.71
Quick Ratio9.19
Debt / Equity253.54
Debt / EBITDA-3.81
Interest Coverage-4.44

Financial Efficiency

USD

Over the twelve months ended June 30, 2026, Enovix Corporation posted a negative return on equity (ROE) of -82.20, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -26.80, reflecting losses generated across the asset base. The company generates approximately 56,017.17 in revenue per employee across its workforce of 640.50, a quick read on workforce productivity versus industry peers. Inventory turnover of 1.88 indicates how many times Enovix Corporation sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)-82.20
Return on Assets (ROA)-26.80
Revenue Per Employee56,017.17
Employee Count640.50
Inventory Turnover1.88

Taxes

USD

Over the twelve months ended June 30, 2026, Enovix Corporation recorded an income tax benefit of -859,000.00 rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -171.00M and -170.03M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax-859,000.00

Stock Price Statistics

USD

As of the close on October 22, 2026, Enovix Corporation's stock has declined approximately 77.26% over the past 52 weeks. The 50-day moving average sits at 3.02, while the 200-day moving average is 5.30.

52-Week Price Change-77.26%
50-Day Moving Average3.02
200-Day Moving Average5.30

Income Statement

USD

Over the twelve months ended June 30, 2026, Enovix Corporation generated 35.88M in revenue and converted that into -170.03M in net income, yielding earnings per share of -0.79. EBITDA reached -140.91M, while operating income came in at -178.15M.

Revenue35.88M
Gross Profit6.76M
Operating Income-178.15M
Pretax Income-171.00M
Net Income-170.03M
EBITDA-140.91M
EBIT-178.15M
Earnings Per Share (EPS)-0.79

Balance Sheet

USD

As of June 30, 2026, Enovix Corporation holds 475.78M in cash and equivalents against 537.48M in total debt, resulting in a net debt position of 497.85M. Total book value stands at 209.95M, with working capital of 453.63M providing operational flexibility.

Cash & Cash Equivalents475.78M
Total Debt537.48M
Net Debt497.85M
Equity (Book Value)209.95M
Book Value Per Share0.96
Working Capital453.63M

Cash Flow

USD

Enovix Corporation produced -107.38M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -16.82M in capital expenditures, free cash flow totaled -124.20M - equivalent to -0.58 per share.

Operating Cash Flow-107.38M
Capital Expenditures-16.82M
Free Cash Flow-124.20M
FCF Per Share-0.58

Margins

Over the twelve months ended June 30, 2026, Enovix Corporation posted a gross margin of 18.83, reflecting its pricing power and cost economics. The operating margin of -496.54 and net profit margin of -473.89 provide insight into operational efficiency.

Gross Margin18.83
Operating Margin-496.54
Pretax Margin-476.61
Profit Margin-473.89
EBITDA Margin-392.74

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield is negative at -9.53: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -35.18, meaning Enovix Corporation raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-35.18
FCF Yield-9.53

Scores

As of June 30, 2026, Enovix Corporation has an Altman Z-Score of -0.61, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score-0.61