- ISIN
- US2935941078
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- IPO Date
- Jul 15, 2021
Highlights
- Market Cap
- $892.25M
- Enterprise Value
- -$58.08B
- EPS (TTM)
- -$182.30
- Total Revenue (TTM)
- $7.63B
- Gross Profit (TTM)
- $1.56B
- EBITDA (TTM)
- -$43.98B
- Year Range
- $3.67 - $14.21
- Target Price
- $11.00
- ROA (TTM)
- -4.60%
- ROE (TTM)
- -15.95%
- Avg. Volume (1M)
- 6M
- Avg. Volume Value (1M)
- $29.51M
Share Price Chart
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Performance
ENVX Performance Chart
Enovix Corp (ENVX) is down 44.1% since the beginning of the year. At $4 per share, ENVX is trading 71.2% below its 52-week high of $14. Investors who bought $1,000 worth of ENVX shares 5 years ago would now be looking at an investment worth $283.
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Returns By Period
Enovix Corp (ENVX) has returned -44.05% so far this year and -61.79% over the past 12 months.
Enovix Corp
- 1D
- -2.15%
- 1M
- -23.69%
- 6M
- -38.22%
- YTD
- -44.05%
- 1Y
- -61.79%
- 3Y*
- -39.64%
- 5Y*
- -22.30%
- 10Y*
- —
- ALL TIME*
- -26.11%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
ENVX Monthly Returns History
Based on dividend-adjusted daily data since Jul 15, 2021, ENVX's average daily return is +0.06%, while the average monthly return is +1.35%. At this rate, an investment would double in approximately 4.3 years.
Historically, 46% of months were positive and 54% were negative. The best month was May 2024 with a return of +69.7%, while the worst month was Jan 2022 at -41.0%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 5 months.
On a daily basis, ENVX closed higher 47% of trading days. The best single day was May 2, 2024 with a return of +45.5%, while the worst single day was Nov 2, 2022 at -41.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -9.44% | -20.39% | -1.71% | 28.76% | 19.64% | -23.93% | -32.62% | -44.05% | |||||
| 2025 | 10.95% | -26.04% | -17.71% | -8.72% | 13.73% | 35.70% | 48.11% | -28.21% | 3.64% | 20.26% | -35.03% | -6.16% | -23.14% |
| 2024 | -25.64% | 4.73% | -17.85% | -21.85% | 69.65% | 45.57% | -6.79% | -33.93% | -1.89% | -3.59% | 2.72% | 17.51% | -13.18% |
| 2023 | -36.17% | 16.12% | 61.71% | -27.43% | 22.64% | 35.95% | 19.29% | -35.97% | -8.93% | -29.00% | 24.24% | 13.10% | 0.64% |
| 2022 | -40.95% | 3.41% | -14.35% | -36.65% | 33.08% | -25.94% | 49.49% | 66.07% | -17.11% | 2.92% | -30.84% | -4.67% | -54.40% |
| 2021 | -23.21% | -5.94% | 21.64% | 39.76% | 32.58% | -22.06% | 26.88% |
Benchmark Metrics
Enovix Corp has an annualized alpha of -14.47%, beta of 2.44, and R2 of 0.19 versus S&P 500 Index. Calculated based on daily prices since July 15, 2021.
- This stock participated in 216.86% of S&P 500 Index downside but only 98.39% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.19 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -14.47%
- Beta
- 2.44
- R²
- 0.19
- Upside Capture
- 98.39%
- Downside Capture
- 216.86%
Return for Risk
Risk / Return Rank
ENVX ranks 7 for risk / return — above 7% of stocks peers on PortfoliosLab. Its historical combined result is below most peers; review the five component ranks for context.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Enovix Corp (ENVX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ENVX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.23 | ||
| Sortino ratioReturn per unit of downside risk | -3.24 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.25 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.97 | 2.00 | -2.97 |
| Martin ratioReturn relative to average drawdown | -1.58 | 8.49 | -10.07 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Enovix Corp. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Enovix Corp was 88.26%, occurring on Jul 29, 2026. The portfolio has not yet recovered.
The current Enovix Corp drawdown is 86.95%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-88.26%Jul 2026 | 4y 8mo | — | 4y 8moNov 2021 - now | — |
-36.42%Aug 2021 | 1mo 4d | 1mo 20d | 2mo 24dJul 2021 - Oct 2021 | — |
-9.03%Nov 2021 | 6d | 1d | 7dNov 2021 - Nov 2021 | — |
-7.02%Oct 2021 | 6d | 6d | 12dOct 2021 - Oct 2021 | — |
-3.46%Nov 2021 | 1d | 1d | 1dNov 2021 - Nov 2021 | — |
Drawdown Indicators
| ENVX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.26% | -56.78% | -31.48% |
Max Drawdown (1Y)Largest decline over 1 year | -72.10% | -9.10% | -63.00% |
Max Drawdown (3Y)Largest decline over 3 years | -77.03% | -18.90% | -58.13% |
Max Drawdown (5Y)Largest decline over 5 years | -88.26% | -25.43% | -62.83% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -86.95% | -1.58% | -85.37% |
Average DrawdownAverage peak-to-trough decline | -63.49% | -10.70% | -52.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.53% | 2.14% | +43.39% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of Enovix Corp over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Enovix Corp is priced in the market compared to other companies in the Electrical Equipment & Parts industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for ENVX relative to other companies in the Electrical Equipment & Parts industry. Currently, ENVX has a P/S ratio of 0.1. This P/S ratio is low compared to the industry average. It may indicate that the stock is undervalued relative to its revenue, or that the market expects slower growth or lower margins.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for ENVX in comparison with other companies in the Electrical Equipment & Parts industry. Currently, ENVX has a P/B value of 0.0. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.
Income Statement
| TTM | |
|---|---|
Revenue | |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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