Stocktoria
Enovix Corp ENVX
Enovix Corp (ENVX) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $31.8M at a -492.6% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.31 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.543 |
| Retained earnings / assets | -1.112 |
| EBIT / assets | -0.202 |
| Equity / liabilities | 0.453 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| ENVX | Enovix Corp | 4/9 | -0.94 | — | +37.9% |
| BEEM | Beam Global | 1/9 | -11.54 | — | -42.8% |
| PPSI | PIONEER POWER SOLUTIONS, INC. | 3/9 | 7.04 | — | +20.8% |
| XCH | XCHG Ltd | 1/9 | -8.78 | — | -40.5% |
| SLDP | Solid Power, Inc. | 4/9 | 11.37 | — | +8% |
| EPOW | E-Power Inc. | — | -2.99 | — | -28.6% |
| XPON | Expion360 Inc. | 5/9 | -16.01 | — | — |
About Enovix Corp
Enovix Corporation designs, develops, and manufactures lithium-ion battery cells in the United States and internationally. It serves wearables and IoT, smartphone, computing, electrical vehicles, and original equipment manufacturers. The company was founded in 2006 and is headquartered in Fremont, California.
FAQ
Is ENVX financially healthy?
Enovix Corp's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does ENVX pay a dividend?
No, Enovix Corp does not currently pay a dividend.
How profitable is ENVX?
In FY2025, Enovix Corp had a net margin of -492.6% and a return on equity of -57.2%.
What is the analyst price target for ENVX?
The average Wall-Street price target for Enovix Corp is $13.10, about 177.0% above the recent price, from 10 analysts.
Is ENVX a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Enovix Corp: a Piotroski F-score of 4/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-28. Facts plus Stocktoria's own computed scores — not investment advice.