Enovix (NASDAQ:ENVX – Get Free Report) and Clean Energy Technologies (NASDAQ:CETY – Get Free Report) are both small-cap energy companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, profitability, valuation, dividends and risk.
Risk and Volatility
Enovix has a beta of 2.26, suggesting that its share price is 126% more volatile than the S&P 500. Comparatively, Clean Energy Technologies has a beta of -1.52, suggesting that its share price is 252% less volatile than the S&P 500.
Valuation & Earnings
This table compares Enovix and Clean Energy Technologies”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Enovix | $31.82 million | 33.04 | -$156.74 million | ($0.83) | -5.81 |
| Clean Energy Technologies | $2.16 million | 5.12 | -$6.81 million | ($1.51) | -0.60 |
Clean Energy Technologies has lower revenue, but higher earnings than Enovix. Enovix is trading at a lower price-to-earnings ratio than Clean Energy Technologies, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Enovix and Clean Energy Technologies’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Enovix | -499.64% | -64.28% | -21.19% |
| Clean Energy Technologies | -263.45% | -94.40% | -38.97% |
Analyst Recommendations
This is a summary of current ratings and target prices for Enovix and Clean Energy Technologies, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Enovix | 2 | 1 | 7 | 0 | 2.50 |
| Clean Energy Technologies | 1 | 0 | 0 | 0 | 1.00 |
Enovix currently has a consensus target price of $12.64, suggesting a potential upside of 162.17%. Given Enovix’s stronger consensus rating and higher possible upside, research analysts clearly believe Enovix is more favorable than Clean Energy Technologies.
Insider and Institutional Ownership
50.9% of Enovix shares are held by institutional investors. Comparatively, 0.5% of Clean Energy Technologies shares are held by institutional investors. 12.7% of Enovix shares are held by insiders. Comparatively, 37.5% of Clean Energy Technologies shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Summary
Enovix beats Clean Energy Technologies on 10 of the 14 factors compared between the two stocks.
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.
About Clean Energy Technologies
Clean Energy Technologies, Inc. designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy in the United States. It operates through four segments: Clean Energy HRS and CETY Europe, CETY Renewables Waste to Energy Solutions, engineering and Manufacturing Business, and CETY HK. The company offers Clean Cycle, which generates electricity by recycling wasted heat produced in manufacturing, waste to energy, and power generation facilities. It also converts waste products created in manufacturing, agriculture, wastewater treatment plants, and other industries to electricity, renewable natural gas, hydrogen, and bio char. In addition, the company offers engineering, consulting, and project management solutions. Further, the company is involved in the sourcing and suppling of liquefied natural gas to industries and municipalities located in the southern part of Sichuan Province and portions of Yunnan Province. The company was formerly known as Probe Manufacturing, Inc. and changed its name to Clean Energy Technologies, Inc. in November 2015. Clean Energy Technologies, Inc. was founded in 1993 and is headquartered in Irvine, California. Clean Energy Technologies, Inc. is a subsidiary of MGW Investment I Ltd.
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