NextNRG (NASDAQ:NXXT) versus Enovix (NASDAQ:ENVX) Financial Comparison

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

Earnings & Valuation

This table compares NextNRG and Enovix”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
NextNRG $27.77 million 4.72 -$16.19 million ($2.02) -0.48
Enovix $23.07 million 59.68 -$222.24 million ($0.81) -7.88

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

Analyst Recommendations

This is a breakdown of current ratings and price targets for NextNRG and Enovix, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NextNRG 1 1 1 1 2.50
Enovix 1 3 5 0 2.44

NextNRG currently has a consensus price target of $5.50, suggesting a potential upside of 463.52%. Enovix has a consensus price target of $17.50, suggesting a potential upside of 174.29%. Given NextNRG’s stronger consensus rating and higher probable upside, equities analysts plainly believe NextNRG is more favorable than Enovix.

Profitability

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

Net Margins Return on Equity Return on Assets
NextNRG -85.79% N/A -270.09%
Enovix -525.93% -61.78% -25.41%

Institutional & Insider Ownership

10.6% of NextNRG shares are held by institutional investors. Comparatively, 50.9% of Enovix shares are held by institutional investors. 69.1% of NextNRG shares are held by company insiders. Comparatively, 14.1% of Enovix shares are held by company 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

NextNRG has a beta of -0.57, indicating that its share price is 157% less volatile than the S&P 500. Comparatively, Enovix has a beta of 2.13, indicating that its share price is 113% more volatile than the S&P 500.

Summary

NextNRG beats Enovix on 9 of the 15 factors compared between the two stocks.

About NextNRG

(Get Free Report)

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.

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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