Enovix (NASDAQ:ENVX – Get Free Report) and OPAL Fuels (NASDAQ:OPAL – Get Free Report) are both small-cap energy companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, earnings, institutional ownership, dividends, analyst recommendations, valuation and risk.
Valuation & Earnings
This table compares Enovix and OPAL Fuels”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Enovix | $23.07 million | 73.53 | -$222.24 million | ($0.81) | -9.70 |
| OPAL Fuels | $299.97 million | 1.19 | $11.03 million | $0.02 | 103.00 |
Volatility & Risk
Enovix has a beta of 2.12, indicating that its stock price is 112% more volatile than the S&P 500. Comparatively, OPAL Fuels has a beta of 1.07, indicating that its stock price is 7% more volatile than the S&P 500.
Insider and Institutional Ownership
50.9% of Enovix shares are held by institutional investors. Comparatively, 12.2% of OPAL Fuels shares are held by institutional investors. 14.1% of Enovix shares are held by insiders. Comparatively, 84.6% of OPAL Fuels shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Profitability
This table compares Enovix and OPAL Fuels’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Enovix | -525.93% | -61.78% | -25.41% |
| OPAL Fuels | -1.02% | -1.84% | -0.37% |
Analyst Ratings
This is a summary of current recommendations and price targets for Enovix and OPAL Fuels, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Enovix | 1 | 4 | 5 | 0 | 2.40 |
| OPAL Fuels | 2 | 4 | 0 | 0 | 1.67 |
Enovix currently has a consensus target price of $17.50, indicating a potential upside of 122.65%. OPAL Fuels has a consensus target price of $2.81, indicating a potential upside of 36.53%. Given Enovix’s stronger consensus rating and higher possible upside, analysts clearly believe Enovix is more favorable than OPAL Fuels.
Summary
OPAL Fuels beats Enovix on 8 of the 14 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 OPAL Fuels
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.
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