Enovix vs Erayak Power Solution
ENVX and RAYA side by side, both in electronic and other electrical equipment and components, except computer equipment. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How ENVX and RAYA compare
Enovix grew revenue faster over the last twelve months (34.9% versus −24.6% for Erayak Power Solution).
Erayak Power Solution keeps more of each dollar of sales as profit, with a net margin of −6.1% compared with −474% at Enovix.
Enovix scores higher on the StockData Score (7 against 4 for Erayak Power Solution), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | ENVX | RAYA |
|---|---|---|
| Size and price | ||
| Market cap | $555M | – |
| Share price | $2.53 | $0.642 |
| Change, 1 year | −72.7% | −98.3% |
| Change, 5 years | −92.9% | – |
| Beta (5Y) | 2.57 | 0.61 |
| Employees | 664 | 45 |
| StockData Score | ||
| Total score | 7 (better) | 4 |
| Valuation score | 2 (better) | 0 |
| Growth score | 3 (better) | 1 |
| Performance score | 1 (better) | 0 |
| Health score | 1 | 3 (better) |
| Dividend score | 0 | 0 |
| Valuation | ||
| P/S | 15.5× | – |
| P/B | 2.6× | – |
| FCF yield | −22.4% | – |
| Fair value | $3.23 | – |
| Margin of safety | 21.8% | – |
| Growth | ||
| Revenue growth (TTM) | 34.9% (better) | −24.6% |
| Revenue growth, 5Y average | – | 10.1% |
| Profitability | ||
| Gross margin | 18.8% | 21.3% (better) |
| Operating margin | −497% | −7.2% (better) |
| Net margin | −474% | −6.1% (better) |
| FCF margin | −346% | −36.8% (better) |
| Return on equity | −82.2% | −4.0% (better) |
| Return on invested capital | −63.1% | −3.2% (better) |
| Financial health | ||
| Debt / equity | 2.53 | 0.21 (better) |
| Interest coverage | −5.6× | – |
| Current ratio | 9.71 (better) | 2.02 |
| Altman Z-score | −1.30 | – |
| Piotroski F-score | 5 (better) | 3 |
| Dividends and buybacks | ||
| Shareholder yield | 0.00% | – |
| Ownership | ||
| Held by institutions | 50.6% | – |
| Held by insiders | 16.4% | 0.00% |
| Insider net buying, 12 months | −$16.8K | – |
| Short interest, % of float | 27.5% | 0.32% |
Go deeper
- ENVX stock overview
- ENVX income statement
- ENVX valuation and score
- RAYA stock overview
- RAYA income statement
- RAYA valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.