ENVX vs RCAT

Comparison between Enovix Corporation (ENVX, Company) and Red Cat Holdings Inc (RCAT, Company).

Both ENVX and RCAT are from the Industrials sector.

5-Year PerformanceRCAT has outperformed ENVX, delivering a return of +24.1% compared to -23.4%

ENVX vs RCAT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ENVX(COMPANY)	RCAT(COMPANY)
Market Cap	$1.12B	$1.12B
Max Drawdown	84.76%	99.76%
Sharpe Ratio	-0.58	0.75
5Y Beta	2.68	2.57
Industry	Electrical Equipment & Parts	Aerospace & Defense
P/E Ratio	-6.50	-14.06
5Y EPS CAGR	N/A	5.81%
Debt to Equity	216.22%	0.29%
Free Cash Flow Yield	-11.35%	-4.23%
P/S Ratio	31.68	25.74
P/B Ratio	4.86	6.66

Market Cap

ENVX

$1.12B

Winner

RCAT

$1.12B

Max Drawdown

Winner

ENVX

84.76%

RCAT

99.76%

Sharpe Ratio

ENVX

-0.58

Winner

RCAT

0.75

5Y Beta

ENVX

2.68

Winner

RCAT

2.57

Industry

ENVX

Electrical Equipment & Parts

RCAT

Aerospace & Defense

P/E Ratio

ENVX

-6.50

Winner

RCAT

-14.06

5Y EPS CAGR

ENVX

N/A

RCAT

5.81%

Debt to Equity

ENVX

216.22%

Winner

RCAT

0.29%

Free Cash Flow Yield

ENVX

-11.35%

Winner

RCAT

-4.23%

P/S Ratio

ENVX

31.68

Winner

RCAT

25.74

P/B Ratio

Winner

ENVX

4.86

RCAT

6.66

ENVX vs RCAT - Historical Returns

Returns include dividend reinvestment.

Period	ENVX	RCAT
1 month	-17.20%	-18.95%
3 months	-14.61%	-28.62%
6 months	-34.34%	-24.53%
1 year	-57.91%	+30.24%
5 years(CAGR)	-23.40%	+24.09%
10 years(CAGR)	N/A	-17.48%
Max(CAGR)	-12.69%	-17.48%

Winner

ENVX

-17.20%

RCAT

-18.95%

Winner

ENVX

-14.61%

RCAT

-28.62%

ENVX

-34.34%

Winner

RCAT

-24.53%

ENVX

-57.91%

Winner

RCAT

+30.24%

5Y(CAGR)

ENVX

-23.40%

Winner

RCAT

+24.09%

10Y(CAGR)

ENVX

N/A

RCAT

-17.48%

Max(CAGR)

Winner

ENVX

-12.69%

RCAT

-17.48%

ENVX vs RCAT - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	ENVX	RCAT
2026	-34.09%	-3.60%
2025	-31.01%	-33.53%
2024	-11.05%	+1411.76%
2023	+3.30%	-4.60%
2022	-54.20%	-57.08%
2021	+117.37%	-23.11%
2020	N/A	+130.77%
2019	N/A	-38.89%
2018	N/A	-95.00%
2017	N/A	-28.57%

ENVX vs RCAT Drawdown Comparison

The maximum drawdown for ENVX was -84.76%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The maximum drawdown for RCAT was -99.76%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The current ENVX drawdown is -83.41%. The current RCAT drawdown is -94.71%.

Rank	ENVX	RCAT
#1	-84.76% Nov 19, 2021 - Apr 8, 2025	-99.76% Jan 5, 2018 - Mar 18, 2020
#2	-44.57% Jul 2, 2021 - Oct 28, 2021	-69.92% Sep 22, 2017 - Dec 15, 2017
#3	-42.74% Feb 22, 2021 - Jun 28, 2021	-67.50% Dec 15, 2017 - Jan 4, 2018
#4	-16.67% Jan 22, 2021 - Feb 3, 2021	N/A
#5	-9.05% Jan 7, 2021 - Jan 19, 2021	N/A
#6	-9.03% Nov 3, 2021 - Nov 11, 2021	N/A
#7	-5.52% Feb 8, 2021 - Feb 22, 2021	N/A
#8	-3.46% Nov 12, 2021 - Nov 16, 2021	N/A
#9	-1.84% Nov 16, 2021 - Nov 18, 2021	N/A
#10	-1.27% Feb 3, 2021 - Feb 5, 2021	N/A
#11	-0.26% Oct 28, 2021 - Nov 1, 2021	N/A
#12	-0.07% Jan 19, 2021 - Jan 21, 2021	N/A

Correlation

Correlation between ENVX and RCAT is -0.37 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.37

-101