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 PFG's multiple
$2.9013.3% below market
1.04 ENVX TBV / share×2.80x PFG P/TBV=$2.90
Market $3.34Implied $2.90
PFG · current priceP/TBV 2.80x
$116.71Latest market snapshot
Implied fair value · at ENVX's multiple
$134.5615.3% above market
41.74 PFG TBV / share×3.22x ENVX P/TBV=$134.56
Market $116.71Implied $134.56