Head-To-Head Survey: Enovix (NASDAQ:ENVX) & Itm Power (OTCMKTS:ITMPF)

Itm Power (OTCMKTS:ITMPF) and Enovix (NASDAQ:ENVX) are both small-cap energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, dividends, profitability, valuation, earnings, risk and institutional ownership.

Insider and Institutional Ownership

50.9% of Enovix shares are held by institutional investors. 14.1% of Enovix shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Itm Power and Enovix, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Itm Power	0	1	0	1	3.00
Enovix	1	4	5	0	2.40

Enovix has a consensus target price of $17.50, indicating a potential upside of 112.12%. Given Enovix’s higher possible upside, analysts clearly believe Enovix is more favorable than Itm Power.

Volatility and Risk

Itm Power has a beta of 2.32, indicating that its stock price is 132% more volatile than the S&P 500. Comparatively, Enovix has a beta of 2.12, indicating that its stock price is 112% more volatile than the S&P 500.

Valuation and Earnings

This table compares Itm Power and Enovix”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Itm Power	$33.35 million	16.01	-$58.30 million	N/A	N/A
Enovix	$23.07 million	77.18	-$222.24 million	($0.81)	-10.19

Itm Power has higher revenue and earnings than Enovix.

Profitability

This table compares Itm Power and Enovix’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Itm Power	N/A	N/A	N/A
Enovix	-525.93%	-61.78%	-25.41%

Summary

Itm Power beats Enovix on 8 of the 13 factors compared between the two stocks.

About Itm Power

ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, Australia, rest of Europe, and the United States. Its product portfolio includes TRIDENT, an PEM electrolysers stack technology; NEPTUNE, a 2MW plug and play electrolyser for small to mid-size projects; and POSEIDON, a cutting-edge 20 MW module for large-scale projects. ITM Power Plc was founded in 2001 and is headquartered in Sheffield, the United Kingdom.

About Enovix

Enovix Corporation designs develops and manufactures silicon-anode lithium-ion batteries. It serves wearables and IoT, smartphone, laptops and tablets, industrial and medical, and electric vehicles industries. The company was founded in 2007 and is headquartered in Fremont, California.