Reviewing Enovix (NASDAQ:ENVX) and Woodside Energy Group (NYSE:WDS)

Enovix (NASDAQ:ENVX) and Woodside Energy Group (NYSE:WDS) are both energy companies, but which is the superior stock? We will compare the two companies based on the strength of their valuation, analyst recommendations, earnings, risk, dividends, profitability and institutional ownership.

Analyst Recommendations

This is a summary of current recommendations and price targets for Enovix and Woodside Energy Group, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Enovix	0	5	5	0	2.50
Woodside Energy Group	0	2	1	1	2.75

Enovix presently has a consensus price target of $17.00, indicating a potential upside of 84.98%. Given Enovix’s higher probable upside, analysts plainly believe Enovix is more favorable than Woodside Energy Group.

Risk and Volatility

Enovix has a beta of 2.09, meaning that its stock price is 109% more volatile than the S&P 500. Comparatively, Woodside Energy Group has a beta of 0.69, meaning that its stock price is 31% less volatile than the S&P 500.

Profitability

This table compares Enovix and Woodside Energy Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Enovix	-481.35%	-73.88%	-32.85%
Woodside Energy Group	N/A	N/A	N/A

Earnings & Valuation

This table compares Enovix and Woodside Energy Group”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Enovix	$23.07 million	78.32	-$222.24 million	($0.84)	-10.94
Woodside Energy Group	$13.18 billion	2.40	$3.57 billion	$0.82	20.31

Woodside Energy Group has higher revenue and earnings than Enovix. Enovix is trading at a lower price-to-earnings ratio than Woodside Energy Group, indicating that it is currently the more affordable of the two stocks.

Institutional & Insider Ownership

50.9% of Enovix shares are held by institutional investors. Comparatively, 3.2% of Woodside Energy Group shares are held by institutional investors. 14.1% of Enovix shares are held by company insiders. Comparatively, 0.0% of Woodside Energy Group shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

Woodside Energy Group 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 Woodside Energy Group

Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, and marketing of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. The company produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids. It holds interests in the Pluto LNG, North West Shelf, Wheatstone and Julimar-Brunello, Bass Strait, Ngujima-Yin FPSO, Okha FPSO, Pyrenees FPSO, Macedon, Shenzi, Mad dog, Greater Angostura, as well as Scarborough, Sangomar, Trion, Calypso, Browse, Liard, Atlantis, Woodside Solar opportunity, and Sunrise and Troubadour. The company involves in development of new energy products and carbon services. The company was formerly known as Woodside Petroleum Ltd and changed its name to Woodside Energy Group Ltd in May 2022. Woodside Energy Group Ltd was founded in 1954 and is headquartered in Perth, Australia.