Comparing Enovix (NASDAQ:ENVX) & Itm Power (OTCMKTS:ITMPF)

Enovix (NASDAQ:ENVX) and Itm Power (OTCMKTS:ITMPF) are both small-cap energy companies, but which is the superior stock? We will compare the two companies based on the strength of their risk, valuation, profitability, earnings, dividends, analyst recommendations and institutional ownership.

Analyst Ratings

This is a breakdown of current recommendations for Enovix and Itm Power, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Enovix	1	4	5	0	2.40
Itm Power	0	1	0	1	3.00

Enovix presently has a consensus target price of $17.50, indicating a potential upside of 122.79%. Given Enovix’s higher probable upside, analysts clearly believe Enovix is more favorable than Itm Power.

Insider & Institutional Ownership

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

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Enovix	-525.93%	-61.78%	-25.41%
Itm Power	N/A	N/A	N/A

Valuation & Earnings

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Enovix	$23.07 million	73.48	-$222.24 million	($0.81)	-9.70
Itm Power	$33.35 million	16.23	-$58.30 million	N/A	N/A

Itm Power has higher revenue and earnings than Enovix.

Risk & Volatility

Enovix has a beta of 2.12, suggesting that its stock price is 112% more volatile than the S&P 500. Comparatively, Itm Power has a beta of 2.32, suggesting that its stock price is 132% more volatile than the S&P 500.

Summary

Itm Power beats Enovix on 8 of the 13 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 Itm Power

ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, Australia, rest of Europe, and the United States. Its product portfolio includes TRIDENT, an PEM electrolysers stack technology; NEPTUNE, a 2MW plug and play electrolyser for small to mid-size projects; and POSEIDON, a cutting-edge 20 MW module for large-scale projects. ITM Power Plc was founded in 2001 and is headquartered in Sheffield, the United Kingdom.