Enovix Corp
NASDAQ:ENVX

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Enovix Corp
NASDAQ:ENVX
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Price: 9.7635 USD 0.34%
Market Cap: 1.8B USD
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Enovix Corp
Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Enovix Corp
Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
Enovix Corp
NASDAQ:ENVX
Cash Equivalents
$233.1m
CAGR 3-Years
100%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
AMETEK Inc
NYSE:AME
Cash Equivalents
$396.3m
CAGR 3-Years
3%
CAGR 5-Years
-12%
CAGR 10-Years
1%
Emerson Electric Co
NYSE:EMR
Cash Equivalents
$3.6B
CAGR 3-Years
15%
CAGR 5-Years
19%
CAGR 10-Years
1%
Hubbell Inc
NYSE:HUBB
Cash Equivalents
$435.7m
CAGR 3-Years
19%
CAGR 5-Years
8%
CAGR 10-Years
-4%
Rockwell Automation Inc
NYSE:ROK
Cash Equivalents
$471m
CAGR 3-Years
-11%
CAGR 5-Years
-14%
CAGR 10-Years
-9%
Vertiv Holdings Co
NYSE:VRT
Cash Equivalents
$908.7m
CAGR 3-Years
7%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Enovix Corp
Glance View

Market Cap
1.7B USD
Industry
Electrical Equipment

Enovix Corp. emerged as a pioneering force in the energy storage sector by tackling one of modern technology's most pressing challenges: battery inefficiency. Founded in the heart of Silicon Valley, Enovix reimagined the traditional lithium-ion battery with a unique 3D cell architecture that promises increased energy density—critical for the next wave of high-tech devices. By steering on a path of innovation, Enovix has positioned itself at the crossroads of technological advancement and consumer demand, aiming to support everything from consumer electronics to electric vehicles. The company makes money by manufacturing and selling these advanced batteries, capitalizing on the rising demand for longer-lasting, fast-charging, and compact energy solutions in an era increasingly defined by digital dependence and mobility. This revolutionary approach not only addresses the thirst for longer battery life but also ensures compatibility with standard lithium-ion production lines, thereby lowering manufacturing hurdles and costs. Enovix's revenue stream is bolstered by strategic partnerships and contracts with major tech players, who are in perennial search of better power solutions to drive their latest innovations. Additionally, Enovix tailors its offerings to meet the diverse requirements across industries, working with both established giants and emerging startups to incorporate its cutting-edge battery technology. In an industry characterized by rapid technological shifts and fierce competition, Enovix stands as both a facilitator and beneficiary, continually advancing its products to remain at the forefront of the energy storage revolution.

ENVX Intrinsic Value
7.3886 USD
Overvaluation 24%
Intrinsic Value
Price

See Also

What is Enovix Corp's Cash Equivalents?
Cash Equivalents
233.1m USD

Based on the financial report for Dec 31, 2023, Enovix Corp's Cash Equivalents amounts to 233.1m USD.

What is Enovix Corp's Cash Equivalents growth rate?
Cash Equivalents CAGR 3Y
100%

Over the last year, the Cash Equivalents growth was -28%. The average annual Cash Equivalents growth rates for Enovix Corp have been 100% over the past three years .

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