Enovix (NASDAQ:ENVX – Get Free Report) and NextNRG (NASDAQ:NXXT – Get Free Report) are both small-cap energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, profitability, analyst recommendations, dividends, institutional ownership, valuation and risk.
Earnings & Valuation
This table compares Enovix and NextNRG”s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Enovix | $23.07 million | 60.62 | -$222.24 million | ($0.81) | -8.00 |
| NextNRG | $27.77 million | 4.37 | -$16.19 million | ($2.02) | -0.45 |
Profitability
This table compares Enovix and NextNRG’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% |
| NextNRG | -85.79% | N/A | -270.09% |
Institutional and Insider Ownership
50.9% of Enovix shares are held by institutional investors. Comparatively, 10.6% of NextNRG shares are held by institutional investors. 14.1% of Enovix shares are held by insiders. Comparatively, 69.1% of NextNRG shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Volatility and Risk
Enovix has a beta of 2.13, indicating that its share price is 113% more volatile than the S&P 500. Comparatively, NextNRG has a beta of -0.57, indicating that its share price is 157% less volatile than the S&P 500.
Analyst Ratings
This is a breakdown of recent ratings and price targets for Enovix and NextNRG, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Enovix | 1 | 3 | 5 | 0 | 2.44 |
| NextNRG | 1 | 1 | 1 | 1 | 2.50 |
Enovix presently has a consensus target price of $17.50, indicating a potential upside of 170.06%. NextNRG has a consensus target price of $5.50, indicating a potential upside of 508.54%. Given NextNRG’s stronger consensus rating and higher probable upside, analysts clearly believe NextNRG is more favorable than Enovix.
Summary
NextNRG beats Enovix on 9 of the 15 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 NextNRG
NextNRG, Inc. engages in the provision of fuel delivery services. It provides app-based interface customers with the ability to select the time and location of their fueling. It offers diesel, red diesel, and REC-90. The company was founded by Yehuda Levy and Michael D. Farkas on March 28, 2019 and is headquartered in Miami, FL.
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