Enovix (NASDAQ:ENVX) and OPAL Fuels (NASDAQ:OPAL) Critical Analysis

OPAL Fuels (NASDAQ:OPALGet Free Report) and Enovix (NASDAQ:ENVXGet Free Report) are both small-cap energy companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, earnings, dividends, analyst recommendations, valuation, risk and profitability.

Analyst Recommendations

This is a breakdown of current recommendations for OPAL Fuels and Enovix, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
OPAL Fuels 2 4 0 0 1.67
Enovix 1 4 5 0 2.40

OPAL Fuels presently has a consensus price target of $2.81, suggesting a potential upside of 25.56%. Enovix has a consensus price target of $17.50, suggesting a potential upside of 109.83%. Given Enovix’s stronger consensus rating and higher probable upside, analysts plainly believe Enovix is more favorable than OPAL Fuels.

Volatility and Risk

OPAL Fuels has a beta of 1.07, indicating that its stock price is 7% more volatile than the S&P 500. Comparatively, Enovix has a beta of 2.13, indicating that its stock price is 113% more volatile than the S&P 500.

Institutional & Insider Ownership

12.2% of OPAL Fuels shares are held by institutional investors. Comparatively, 50.9% of Enovix shares are held by institutional investors. 84.4% of OPAL Fuels shares are held by company insiders. Comparatively, 14.1% of Enovix shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Valuation and Earnings

This table compares OPAL Fuels and Enovix”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
OPAL Fuels $299.97 million 1.29 $11.03 million $0.02 112.00
Enovix $23.07 million 78.02 -$222.24 million ($0.81) -10.30

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

Profitability

This table compares OPAL Fuels and Enovix’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
OPAL Fuels -1.02% -1.84% -0.37%
Enovix -525.93% -61.78% -25.41%

Summary

OPAL Fuels beats Enovix on 8 of the 14 factors compared between the two stocks.

About OPAL Fuels

(Get Free Report)

OPAL Fuels Inc., together with its subsidiaries, engages in the production and distribution of renewable natural gas for use as a vehicle fuel for heavy and medium-duty trucking fleets. It also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel. In addition, it offers design, development, and construction services for hydrogen fueling stations. Further, the company engages in the generation and sale of renewable power to utilities. OPAL Fuels Inc. is based in White Plains, New York.

About Enovix

(Get Free Report)

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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