Enovix (NASDAQ:ENVX – Get Free Report) and SUNation Energy (NASDAQ:SUNE – Get Free Report) are both small-cap energy companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, analyst recommendations, dividends, institutional ownership, earnings, risk and valuation.
Institutional & Insider Ownership
50.9% of Enovix shares are held by institutional investors. Comparatively, 4.2% of SUNation Energy shares are held by institutional investors. 14.1% of Enovix shares are held by company insiders. Comparatively, 0.0% of SUNation Energy shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Valuation & Earnings
This table compares Enovix and SUNation Energy”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Enovix | $23.07 million | 72.41 | -$222.24 million | ($0.81) | -9.56 |
| SUNation Energy | $56.86 million | 0.07 | -$15.85 million | ($109.97) | -0.01 |
SUNation Energy has higher revenue and earnings than Enovix. Enovix is trading at a lower price-to-earnings ratio than SUNation Energy, indicating that it is currently the more affordable of the two stocks.
Volatility and Risk
Enovix has a beta of 2.12, meaning that its share price is 112% more volatile than the S&P 500. Comparatively, SUNation Energy has a beta of 3.36, meaning that its share price is 236% more volatile than the S&P 500.
Analyst Recommendations
This is a breakdown of current ratings for Enovix and SUNation Energy, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Enovix | 1 | 4 | 5 | 0 | 2.40 |
| SUNation Energy | 1 | 0 | 0 | 0 | 1.00 |
Enovix currently has a consensus target price of $17.50, indicating a potential upside of 126.10%. Given Enovix’s stronger consensus rating and higher possible upside, equities analysts clearly believe Enovix is more favorable than SUNation Energy.
Profitability
This table compares Enovix and SUNation Energy’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Enovix | -525.93% | -61.78% | -25.41% |
| SUNation Energy | -33.82% | -120.96% | -44.19% |
Summary
Enovix beats SUNation Energy on 9 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 SUNation Energy
SUNation Energy Inc. is focused on local and regional solar, storage and energy services companies. Its portfolio of brands provides homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage and grid services. SUNation Energy Inc., formerly known as Pineapple Energy, is based in RONKONKOMA, N.Y.
Receive News & Ratings for Enovix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enovix and related companies with MarketBeat.com's FREE daily email newsletter.
