Electrovaya Inc. (ELVA) vs Enovix Corporation (ENVX)
- Electrovaya Inc. ELVA 4.85 +4.75%
- Enovix Corporation ENVX 2.54 +5.83%
Electrovaya Inc. and Enovix Corporation are both Electrical Equipment & Parts companies. Enovix Corporation is the larger, with a market value of $526.7M against $231.5M — 2.3× the size. Enovix Corporation has negative trailing earnings, so its P/E is not meaningful; Electrovaya Inc. trades at 44.0×. Enovix Corporation grew revenue faster over the last twelve months: 34.9% against 30.9%. Electrovaya Inc. has the higher net margin (6.14% vs −473.9%) and the higher return on invested capital (4.60% vs −41.6%). Across the 18 metrics below, Electrovaya Inc. leads on 14 and Enovix Corporation on 4.
Valuation
Profitability
| Metric | ELVA | ENVX | Electrical Equipment & Parts median |
|---|---|---|---|
| Gross margin | 33.00% | 18.83% | 29.92% |
| Operating margin | 9.35% | (496.54%) | 0.00% |
| Net margin | 6.14% | (473.89%) | 0.00% |
| Free cash flow margin | (21.76%) | (346.17%) | 0.00% |
| Return on equity | 9.85% | (81.23%) | 0.00% |
| Return on assets | 5.12% | (26.80%) | 0.00% |
| Return on invested capital | 4.60% | (41.58%) | 0.00% |
Growth
Health
Dividend
Size
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