RCAT vs ENVX

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

Both RCAT and ENVX are from the Industrials sector.

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

RCAT vs ENVX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

Winner

RCAT

$1.12B

ENVX

$1.12B

Max Drawdown

RCAT

99.76%

Winner

ENVX

84.76%

Sharpe Ratio

Winner

RCAT

0.75

ENVX

-0.58

5Y Beta

Winner

RCAT

2.57

ENVX

2.68

Industry

RCAT

Aerospace & Defense

ENVX

Electrical Equipment & Parts

P/E Ratio

Winner

RCAT

-14.06

ENVX

-6.50

5Y EPS CAGR

RCAT

5.81%

ENVX

N/A

Debt to Equity

Winner

RCAT

0.29%

ENVX

216.22%

Free Cash Flow Yield

Winner

RCAT

-4.23%

ENVX

-11.35%

P/S Ratio

Winner

RCAT

25.74

ENVX

31.68

P/B Ratio

RCAT

6.66

Winner

ENVX

4.86

RCAT vs ENVX - Historical Returns

Returns include dividend reinvestment.

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

RCAT

-18.95%

Winner

ENVX

-17.20%

RCAT

-28.62%

Winner

ENVX

-14.61%

Winner

RCAT

-24.53%

ENVX

-34.34%

Winner

RCAT

+30.24%

ENVX

-57.91%

5Y(CAGR)

Winner

RCAT

+24.09%

ENVX

-23.40%

10Y(CAGR)

RCAT

-17.48%

ENVX

N/A

Max(CAGR)

RCAT

-17.48%

Winner

ENVX

-12.69%

RCAT vs ENVX - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

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

RCAT vs ENVX Drawdown Comparison

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

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

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

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

Correlation

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

-0.37

-101