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Enovix Profitability Rank

: 2 (As of Mar. 2022)
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Enovix has the Profitability Rank of 2. It has had trouble to make a profit.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Enovix's Operating Margin % for the quarter that ended in Mar. 2022 was %. As of today, Enovix's Piotroski F-Score is 9999.


Competitive Comparison

For the Electrical Equipment & Parts subindustry, Enovix's Profitability Rank, along with its competitors' market caps and Profitability Rank 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 Profitability Rank Distribution

For the Industrial Products industry and Industrials sector, Enovix's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Enovix's Profitability Rank falls into.



Enovix Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Enovix has the Profitability Rank of 2. It has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Enovix's Operating Margin % for the quarter that ended in Mar. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=-25.115 / 0
= %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Enovix has an F-score of 9999. It is a bad or low score, which usually implies poor business operation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


Enovix Profitability Rank Related Terms

Thank you for viewing the detailed overview of Enovix's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Enovix Business Description

Enovix logo
Traded in Other Exchanges
Address
3501 W. Warren Avenue, Fremont, CA, USA, 94538
Enovix Corp is engaged in the business of advanced silicon-anode lithium-ion battery development and production. It is also developing its 3D cell technology and production process for the electric vehicle and energy storage markets to help enable the widespread utilization of renewable energy.
Executives
Ebrahimi Pegah director C/O ENOVIX CORPORATION 3501 W. WARREN AVENUE FREMONT CA 94538
Atkins Betsy S director
Dales Gardner Cameron officer: Chief Commercial Officer C/O ENOVIX CORPORATION 3501 W. WARREN AVENUE FREMONT CA 94538
Lahiri Ashok officer: Chief Technology Officer C/O ENOVIX CORPORATION 3501 W. WARREN AVENUE FREMONT CA 94538
Eclipse Gp Iii, Llc 10 percent owner 514 HIGH STREET, SUITE 4 PALO ALTO CA 94301
Eclipse Fund Iii, L.p. 10 percent owner 514 HIGH STREET, SUITE 4 PALO ALTO CA 94301
Hejlek Edward J officer: See Remarks C/O ENOVIX CORPORATION 3501 W. WARREN AVENUE FREMONT CA 94538
Reichow Gregory director 3501 W. WARREN AVENUE FREMONT CA 94538
Pietzke Steffen officer: Chief Financial Officer C/O ENOVIX CORPORATION 3501 W. WARREN AVENUE FREMONT CA 94538
Mccranie J Daniel director C/O ENOVIX CORPORATION 3501 W. WARREN AVENUE FREMONT CA 94538
Rust Harrold J director, officer: President and CEO C/O ENOVIX CORPORATION 3501 W. WARREN AVENUE FREMONT CA 94538
Rodgers Thurman J director, 10 percent owner 198 CHAMPION COURT SAN JOSE CA 95134
Petrick Michael J. director 3501 W. WARREN AVENUE FREMONT CA 94538
Electron Global Master Fund, L.p. 10 percent owner 10 EAST 53RD STREET, 19TH FLOOR NEW YORK NY 10022
Park West Asset Management Llc 10 percent owner 900 LARKSPUR LANDING CIRCLE, SUITE 165 LARKSPUR CA 94939

Enovix Headlines

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