Enovix Corporation (ENVX) vs FuelCell Energy, Inc. (FCEL)

Enovix Corporation and FuelCell Energy, Inc. are both Electrical Equipment & Parts companies. FuelCell Energy, Inc. is the larger, with a market value of $1.3B against $658.1M — 2.0× the size. Enovix Corporation grew revenue faster over the last twelve months: 34.9% against 1.09%. FuelCell Energy, Inc. has the higher net margin (−115.7% vs −473.9%) and the higher return on invested capital (−24.1% vs −41.6%). Across the 17 metrics below, FuelCell Energy, Inc. leads on 12 and Enovix Corporation on 5.

Valuation

Metric ENVX FCEL Electrical Equipment & Parts median
P/E n/m n/m 36.10
P/S 17.48 7.53 2.73
P/B 2.96 1.18 3.57
Price to free cash flow n/m n/m 33.31
EV/EBITDA n/m n/m 18.07
EV/Sales 19.03 4.17 2.75
Earnings yield (27.87%) (20.80%) (5.84%)
Free cash flow yield (19.81%) (9.75%) 0.00%

Profitability

Metric ENVX FCEL Electrical Equipment & Parts median
Gross margin 18.83% (32.39%) 25.38%
Operating margin (496.54%) (116.25%) 0.00%
Net margin (473.89%) (115.68%) 0.00%
Free cash flow margin (346.17%) (73.46%) 0.00%
Return on equity (81.23%) (23.03%) 0.94%
Return on assets (26.80%) (16.65%) (1.50%)
Return on invested capital (41.58%) (24.06%) 0.00%

Growth

Metric ENVX FCEL Electrical Equipment & Parts median
Revenue growth (TTM) 34.88% 1.09% 9.28%
EPS growth (last fiscal year) 40.94% 5.24% —
Revenue growth, 5-year CAGR — 17.42% 9.80%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ENVX FCEL Electrical Equipment & Parts median
Debt to equity 2.51 0.17 0.08
Current ratio 9.71 8.67 2.18
Net debt to EBITDA (0.12) 1.08 0.26

Dividend

Metric ENVX FCEL Electrical Equipment & Parts median
Dividend yield — — 0.84%
Payout ratio 0.00 0.00 0.00

Size

Metric ENVX FCEL Electrical Equipment & Parts median
Market cap 658.13m 1.34b 177.98m

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