Nuvve (NASDAQ:NVVE – Get Free Report) and Enovix (NASDAQ:ENVX – Get Free Report) are both small-cap industrials companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, earnings, valuation, profitability, risk and dividends.
Analyst Ratings
This is a summary of current ratings and price targets for Nuvve and Enovix, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Nuvve | 1 | 0 | 0 | 0 | 1.00 |
| Enovix | 2 | 3 | 6 | 1 | 2.50 |
Enovix has a consensus target price of $10.77, indicating a potential upside of 206.04%. Given Enovix’s stronger consensus rating and higher probable upside, analysts plainly believe Enovix is more favorable than Nuvve.
Earnings & Valuation
This table compares Nuvve and Enovix”s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Nuvve | $4.55 million | 0.10 | -$30.82 million | ($330.82) | -0.00 |
| Enovix | $35.88 million | 21.53 | -$156.74 million | ($0.81) | -4.35 |
Nuvve has higher earnings, but lower revenue than Enovix. Enovix is trading at a lower price-to-earnings ratio than Nuvve, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Nuvve and Enovix’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Nuvve | -552.28% | N/A | -161.20% |
| Enovix | -473.89% | -64.50% | -19.31% |
Risk and Volatility
Nuvve has a beta of 1.71, meaning that its stock price is 71% more volatile than the S&P 500. Comparatively, Enovix has a beta of 2.49, meaning that its stock price is 149% more volatile than the S&P 500.
Institutional & Insider Ownership
19.0% of Nuvve shares are held by institutional investors. Comparatively, 50.9% of Enovix shares are held by institutional investors. 1.6% of Nuvve shares are held by company insiders. Comparatively, 12.7% 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 will outperform the market over the long term.
Summary
Enovix beats Nuvve on 12 of the 15 factors compared between the two stocks.
About Nuvve
Nuvve Holding Corp., a green energy technology company, provides commercial vehicle-to-grid (V2G) technology platform in the United States, the United Kingdom, France, and Denmark. The company offers Grid Integrated Vehicle platform, which enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, as well as allows EV owners to meet the energy demands of individual vehicles and entire fleets. Its V2G technology also links EV batteries into a virtual power plant that sells excess power to utility companies or utilizes saved power to reduce building energy peak consumption. In addition, the company offers networked charging stations, infrastructure, software, professional services, support, monitoring, and parts and labor warranties required to run electric vehicle fleets. It serves its products to owners/operators of light duty fleets, heavy duty fleets, automotive manufacturers, charge point operators, and strategic partners. The company was founded in 2010 and is headquartered in San Diego, California.
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.
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