Enovix Corp (NASDAQ:ENVX) — Market Cap & Net Worth
Market Cap & Net Worth: Enovix Corp (ENVX)
Enovix Corp (NASDAQ:ENVX) has a market capitalization of $643.13 Million ($643.13 Million) as of September 16, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #11000 globally and #2875 in its home market, demonstrating a -10.24% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Enovix Corp's stock price $2.98 by its total outstanding shares 215816004 (215.82 Million). Also see total assets of Enovix Corp for a full breakdown of the balance sheet.
Enovix Corp Market Cap History: 2021 to 2026
Enovix Corp's market capitalization history from 2021 to 2026. Data shows change from $5.89 Billion to $643.13 Million (-22.31% CAGR). Also see Enovix Corp operating cash flow efficiency for how efficiently the company converts equity into cash flow.
Index Memberships
Enovix Corp is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$41.74 Trillion | 0.00% | #1127 of 3165 |
Weight: Enovix Corp's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Enovix Corp Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Enovix Corp's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check Enovix Corp (ENVX) share price today for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
101.67x
Enovix Corp's market cap is 101.67 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $5.89 Billion | $120.00 | -$125.87 Million | 49062171.58x | N/A |
| 2022 | $2.68 Billion | $6.20 Million | -$51.62 Million | 432.88x | N/A |
| 2023 | $2.70 Billion | $263.00K | -$154.09 Million | 10273.83x | N/A |
| 2024 | $2.35 Billion | $23.07 Million | -$222.24 Million | 101.67x | N/A |
Competitor Companies of ENVX by Market Capitalization
Companies near Enovix Corp in the global market cap rankings as of September 16, 2026. Review Enovix Corp tangible net worth ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Enovix Corp by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #102 globally with a market cap of $204.08 Billion USD ( CN¥1.39 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #193 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #291 globally with a market cap of $90.59 Billion USD ( ฿2.91 Trillion THB).
- Vertiv Holdings Co (NYSE:VRT): Ranked #294 globally with a market cap of $90.32 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #102 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $204.08 Billion | CN¥316.36 |
| #193 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF76.68 |
| #291 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $90.59 Billion | ฿233.00 |
| #294 | Vertiv Holdings Co | NYSE:VRT | $90.32 Billion | $234.61 |
Enovix Corp Historical Marketcap From 2021 to 2026
Between 2021 and today, Enovix Corp's market cap moved from $5.89 Billion to $ 643.13 Million, with a yearly change of -22.31%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $643.13 Million | -59.23% |
| 2025 | $1.58 Billion | -32.75% |
| 2024 | $2.35 Billion | -13.18% |
| 2023 | $2.70 Billion | +0.64% |
| 2022 | $2.68 Billion | -54.40% |
| 2021 | $5.89 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 16th, 2026 the market cap of Enovix Corp was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $643.13 Million USD |
| MoneyControl | $643.13 Million USD |
| MarketWatch | $643.13 Million USD |
| marketcap.company | $643.13 Million USD |
| Reuters | $643.13 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Enovix Corp
Enovix Corporation designs, develops, and manufactures lithium-ion battery cells in the United States and internationally. It serves wearables and IoT, smartphone, computing, electrical vehicles, and original equipment manufacturers. The company was founded in 2007 and is headquartered in Fremont, California.