ENVX (Enovix) EV-to-EBITDA: -9.53 (As of Aug. 12, 2026)

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ENVX Enovix Corp ENVX
41 GF Score
Price $4.73
GF Value $18.61
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Enovix EV-to-EBITDA?

Enovix ENVX -2.47% 41 EV-to-EBITDA is -9.53 as of Aug. 12, 2026. GuruFocus rates ENVX with a GF Score™ of 41/100 and a GF Value™ of $18.61 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,474 Industrial Products companies, Enovix ranks worse than 40420.33% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Enovix's enterprise value is $1,045.69 Mil. Enovix's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-109.69 Mil. Therefore, Enovix's EV-to-EBITDA for today is -9.53.

The historical rank and industry rank for Enovix's EV-to-EBITDA or its related term are showing as below:

ENVX' s EV-to-EBITDA Range Over the Past 10 Years
Min: -36.33   Med: -11.6   Max: -6.96
Current: -9.53

During the past 6 years, the highest EV-to-EBITDA of Enovix was -6.96. The lowest was -36.33. And the median was -11.60.

ENVX's EV-to-EBITDA is ranked worse than
100% of 2474 companies
in the Industrial Products industry
Industry Median: 16.265 vs ENVX: -9.53

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-12), Enovix's stock price is $4.73. Enovix's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.830. Therefore, Enovix's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Enovix  (NAS:ENVX) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Enovix's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.73/-0.830
=At Loss

Enovix's share price for today is $4.73.
Enovix's Earnings per Share (Diluted) 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 $-0.830.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Enovix EV-to-EBITDA Related Terms


Enovix EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Enovix's EV-to-EBITDA 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.

Enovix EV-to-EBITDA Chart

Enovix Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial -30.42 -37.67 -11.25 -11.58 -15.95

Enovix Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.17 -22.74 -19.70 -15.95 -10.41

ENVX vs ADSE, KE, FAC: EV-to-EBITDA Comparison

For the Electrical Equipment & Parts subindustry, Enovix's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Enovix's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Enovix's EV-to-EBITDA falls into.


ENVX
41GF Score
Enovix Corp ENVX
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enovix EV-to-EBITDA Calculation

Enovix's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1045.691/-109.69
=-9.53

Enovix's current Enterprise Value is $1,045.69 Mil.
Enovix's EBITDA 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 $-109.69 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of -9.53 mean?
Enovix (ENVX) has a EV-to-EBITDA of -9.53 as of Aug. 12, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Enovix. According to the industry distribution chart, Enovix ranks #999999 out of 2474 companies in the Industrial Products industry.
Is Enovix's EV-to-EBITDA too high?
Enovix's current EV-to-EBITDA is -9.53. Based on the distribution chart, Enovix ranks #999999 out of 2474 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Enovix has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Enovix's EV-to-EBITDA compare to ADSE and KE?
According to the Industrial Products industry distribution chart, Enovix ranks #999999 out of 2474 companies for EV-to-EBITDA. This places Enovix in the lower half of its industry. The industry median EV-to-EBITDA is 16.27. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Industrial Products company?
The median EV-to-EBITDA among Industrial Products companies is 16.27, based on 2,474 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Enovix. For the Industrial Products industry, the median EV-to-EBITDA is 16.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enovix's current EV-to-EBITDA is -9.53. 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 $18.61, compared to a current price of $4.73 — trading 74.6% below its estimated fair value. The current EV-to-EBITDA is -9.53. Enovix's overall GF Score™ is 41/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Enovix (ENVX), the current EV-to-EBITDA is -9.53 as of Aug. 12, 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 $4.73 is trading 74.6% below its estimated GF Value™ of $18.61. GuruFocus considers Enovix to be Possible Value Trap.

Key valuation signals for ENVX:

  • EV-to-EBITDA: -9.53
  • GF Value™: $18.61 vs. price of $4.73 (74.6% below fair value)
  • GF Score™: 41/100 with 3 warning signs

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 Business Description

Other Exchanges 1ENVX:Italy6Q81:Germany
Address 3501 W Warren Avenue, Fremont, CA, USA, 94538
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.
41GF Score

Get the complete analysis for ENVX

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.73
Price
$18.61
GF Value