Enovix Corporation (ENVX) vs Kimball Electronics, Inc. (KE)

Enovix Corporation and Kimball Electronics, Inc. are both Electrical Equipment & Parts companies. Enovix Corporation and Kimball Electronics, Inc. are of similar size ($666.0M and $658.1M). Enovix Corporation has negative trailing earnings, so its P/E is not meaningful; Kimball Electronics, Inc. trades at 23.9×. Enovix Corporation grew revenue faster over the last twelve months: 34.9% against −3.72%. Kimball Electronics, Inc. has the higher net margin (1.95% vs −473.9%) and the higher return on invested capital (6.74% vs −41.6%). Across the 18 metrics below, Kimball Electronics, Inc. leads on 13 and Enovix Corporation on 5.

Valuation

Metric ENVX KE Electrical Equipment & Parts median
P/E n/m 23.92 36.10
P/S 17.48 0.47 2.73
P/B 2.96 1.14 3.57
Price to free cash flow n/m 27.16 33.31
EV/EBITDA n/m 6.64 18.07
EV/Sales 19.03 0.49 2.75
Earnings yield (27.87%) 4.18% (5.84%)
Free cash flow yield (19.81%) 3.68% 0.00%

Profitability

Metric ENVX KE Electrical Equipment & Parts median
Gross margin 18.83% 8.21% 25.38%
Operating margin (496.54%) 4.61% 0.00%
Net margin (473.89%) 1.95% 0.00%
Free cash flow margin (346.17%) 1.72% 0.00%
Return on equity (81.23%) 4.84% 0.94%
Return on assets (26.80%) 2.58% (1.50%)
Return on invested capital (41.58%) 6.74% 0.00%

Growth

Metric ENVX KE Electrical Equipment & Parts median
Revenue growth (TTM) 34.88% (3.72%) 9.28%
EPS growth (last fiscal year) 40.94% 66.18% —
Revenue growth, 5-year CAGR — 2.07% 9.80%
Net income growth, 5-year CAGR 0.00% (13.20%) 0.00%

Health

Metric ENVX KE Electrical Equipment & Parts median
Debt to equity 2.51 0.20 0.08
Current ratio 9.71 2.09 2.18
Net debt to EBITDA (0.12) 0.26 0.26

Dividend

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

Size

Metric ENVX KE Electrical Equipment & Parts median
Market cap 658.13m 665.98m 177.98m

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