Aqua Power Systems (OTCMKTS:APSI) versus Enovix (NASDAQ:ENVX) Financial Survey

Aqua Power Systems (OTCMKTS:APSI) and Enovix (NASDAQ:ENVX) are both energy companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, risk, valuation, profitability, analyst recommendations, institutional ownership and dividends.

Institutional & Insider Ownership

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

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Aqua Power Systems	N/A	N/A	N/A
Enovix	-481.35%	-73.88%	-32.85%

Analyst Recommendations

This is a breakdown of current ratings and target prices for Aqua Power Systems and Enovix, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Aqua Power Systems	0	0	0	0	0.00
Enovix	1	5	5	0	2.36

Enovix has a consensus target price of $17.00, suggesting a potential upside of 37.99%. Given Enovix’s stronger consensus rating and higher possible upside, analysts plainly believe Enovix is more favorable than Aqua Power Systems.

Earnings & Valuation

This table compares Aqua Power Systems and Enovix”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Aqua Power Systems	N/A	N/A	-$21.21 million	N/A	N/A
Enovix	$23.07 million	104.99	-$222.24 million	($0.84)	-14.67

Aqua Power Systems has higher earnings, but lower revenue than Enovix.

Volatility and Risk

Aqua Power Systems has a beta of 0.71, suggesting that its stock price is 29% less volatile than the S&P 500. Comparatively, Enovix has a beta of 2.07, suggesting that its stock price is 107% more volatile than the S&P 500.

Summary

Enovix beats Aqua Power Systems on 7 of the 11 factors compared between the two stocks.

About Aqua Power Systems

Aqua Power Systems Inc. does not have significant operations. The company intends to engage in merger or acquisition opportunities. Previously, it was focused on the goal of developing solar energy collection farms on commercial and/or industrial buildings located on distressed, blighted, and/or underutilized commercial land in North Carolina and other southern states of the United States. The company was formerly known as NC Solar Inc. and changed its name to Aqua Power Systems Inc. in August 2014. Aqua Power Systems Inc. was incorporated in 2010 and is based in Winter Park, Florida.

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.