SUNation Energy (NASDAQ:SUNE – Get Free Report) and Enovix (NASDAQ:ENVX – Get Free Report) are both small-cap energy companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, risk, profitability, valuation, earnings and dividends.
Institutional and Insider Ownership
4.2% of SUNation Energy shares are owned by institutional investors. Comparatively, 50.9% of Enovix shares are owned by institutional investors. 0.0% of SUNation Energy shares are owned by company insiders. Comparatively, 14.1% of Enovix shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Profitability
This table compares SUNation Energy and Enovix’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| SUNation Energy | -33.82% | -120.96% | -44.19% |
| Enovix | -525.93% | -61.78% | -25.41% |
Analyst Ratings
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| SUNation Energy | 1 | 0 | 0 | 0 | 1.00 |
| Enovix | 1 | 4 | 5 | 0 | 2.40 |
Enovix has a consensus target price of $17.50, indicating a potential upside of 102.55%. Given Enovix’s stronger consensus rating and higher possible upside, analysts plainly believe Enovix is more favorable than SUNation Energy.
Risk and Volatility
SUNation Energy has a beta of 3.35, suggesting that its share price is 235% more volatile than the S&P 500. Comparatively, Enovix has a beta of 2.13, suggesting that its share price is 113% more volatile than the S&P 500.
Earnings and Valuation
This table compares SUNation Energy and Enovix”s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| SUNation Energy | $56.86 million | 0.08 | -$15.85 million | ($109.97) | -0.01 |
| Enovix | $23.07 million | 80.83 | -$222.24 million | ($0.81) | -10.67 |
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.
Summary
Enovix beats SUNation Energy on 9 of the 14 factors compared between the two stocks.
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.
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.
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