Enovix Corporation
3.22xPrice / tangible book
Market cap
$732.96M
Tangible equity
$227.36M
Price / tangible book
3.22x
Price / book
2.70x
Return on equity
-57.8%
Return on assets
-17.8%
Efficiency ratio
—
Quick read
Fair value engine
Each company valued on the other's multiple, then compared with the market price.
ENVX · current priceP/TBV 3.22x
$3.34Latest market snapshot
Implied fair value · at FITB's multiple
$3.097.6% below market
1.04 ENVX TBV / share×2.98x FITB P/TBV=$3.09
Market $3.34Implied $3.09
FITB · current priceP/TBV 2.98x
$54.87Latest market snapshot
Implied fair value · at ENVX's multiple
$59.398.2% above market
18.42 FITB TBV / share×3.22x ENVX P/TBV=$59.39
Market $54.87Implied $59.39