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 ($526.7M and $490.6M). Enovix Corporation has negative trailing earnings, so its P/E is not meaningful; Kimball Electronics, Inc. trades at 24.5×. Enovix Corporation grew revenue faster over the last twelve months: 34.9% against −1.45%. Kimball Electronics, Inc. has the higher net margin (1.41% vs −473.9%) and the higher return on invested capital (5.37% 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 24.52 24.14
P/S 14.68 0.34 2.33
P/B 2.48 0.86 2.49
Price to free cash flow n/m n/m 22.24
EV/EBITDA n/m 6.34 12.18
EV/Sales 16.23 0.46 1.79
Earnings yield (33.20%) 4.08% (6.07%)
Free cash flow yield (23.59%) (0.56%) (5.34%)

Profitability

Metric ENVX KE Electrical Equipment & Parts median
Gross margin 18.83% 8.20% 29.92%
Operating margin (496.54%) 4.39% 0.00%
Net margin (473.89%) 1.41% 0.00%
Free cash flow margin (346.17%) 3.08% 0.00%
Return on equity (81.23%) 3.54% 0.00%
Return on assets (26.80%) 1.77% 0.00%
Return on invested capital (41.58%) 5.37% 0.00%

Growth

Metric ENVX KE Electrical Equipment & Parts median
Revenue growth (TTM) 34.88% (1.45%) 10.59%
EPS growth (last fiscal year) 36.97% 66.18% 24.08%
Revenue growth, 5-year CAGR — 2.07% 9.92%
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 0.40 0.15
Current ratio 9.71 1.90 2.34
Net debt to EBITDA (0.12) 0.26 0.26

Dividend

Metric ENVX KE Electrical Equipment & Parts median
Dividend yield — — 0.33%
Payout ratio — — 0.09

Size

Metric ENVX KE Electrical Equipment & Parts median
Market cap 526.68m 490.63m 159.94m

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