Enovix's earnings before interest and taxes (EBIT) for the
three
months ended in Mar. 2026 was $-31.38 Mil.
Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-145.72 Mil.
EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Enovix's annualizedROC % for the quarter that ended in Mar. 2026 was -52.03%.
Enovix's annualizedROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -70.02%.
EBIT is also linked to Joel Greenblatt's definition of earnings yield.
Enovix's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -11.12%.
Enovix (NAS:ENVX) EBIT Explanation
1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Enovix's annualizedROC % for the quarter that ended in Mar. 2026 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enovix EBIT Related Terms
Enovix EBIT Historical Data
* Premium members only.
The historical data trend for Enovix's EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electrical Equipment & Parts subindustry, Enovix's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Enovix EV-to-EBIT vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Enovix's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Enovix's EV-to-EBIT falls into.
EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.
EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-145.72 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enovix (ENVX) has a EBIT of $-145.72 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Enovix.
Is Enovix's EBIT too high?
Enovix's current EBIT is $-145.72 Mil. Overall, Enovix has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Enovix's EBIT compare to PLPC and ENR?
Enovix's EBIT of $-145.72 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Products company?
A good EBIT depends on the Industrial Products industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Enovix. Enovix's current EBIT is $-145.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enovix stock overvalued right now?
Based on GuruFocus' analysis, Enovix (ENVX) is currently considered Possible Value Trap. The stock's GF Value™ is $18.15, compared to a current price of $5.95 — trading 67.2% below its estimated fair value. The current EBIT is $-145.72 Mil. Enovix's overall GF Score™ is 43/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Enovix (ENVX), the current EBIT is $-145.72 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Enovix (ENVX) Overvalued in 2026?
Based on GuruFocus' analysis, Enovix stock appears to be undervalued.
The current stock price of $5.95 is trading 67.2% below its estimated GF Value™ of $18.15.
GuruFocus considers Enovix to be Possible Value Trap.
Key valuation signals for ENVX:
EBIT: $-145.72 Mil
GF Value™: $18.15 vs. price of $5.95 (67.2% below fair value)
No single metric tells the full story. See the ENVX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enovix Corp is engaged in designing, developing, manufacturing, and commercializing Lithium-ion, or Li-ion, battery cells. It uses BreakFlow and Encapsulation technologies to manufacture high capacity and resilient batteries. The company's product portfolio comprises power disc batteries, flexible lithium-ion polymer batteries, superior lithium-ion polymer batteries, active silicon lithium-ion cells, and others. Geographically, the company generates maximum revenue from its customers in South Korea, followed by Switzerland, the United States, Norway, Taiwan, and other regions.
43GF Score
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