Enovix Corp
NASDAQ:ENVX

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Enovix Corp
NASDAQ:ENVX
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Price: 9.73 USD 21.17% Market Closed
Market Cap: 1.8B USD
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Enovix Corp
Net Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Enovix Corp
Net Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income CAGR 3Y CAGR 5Y CAGR 10Y
Enovix Corp
NASDAQ:ENVX
Net Income
-$214.1m
CAGR 3-Years
-75%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
AMETEK Inc
NYSE:AME
Net Income
$1.3B
CAGR 3-Years
13%
CAGR 5-Years
9%
CAGR 10-Years
9%
Emerson Electric Co
NYSE:EMR
Net Income
$2B
CAGR 3-Years
-6%
CAGR 5-Years
-3%
CAGR 10-Years
-1%
Hubbell Inc
NYSE:HUBB
Net Income
$747m
CAGR 3-Years
29%
CAGR 5-Years
14%
CAGR 10-Years
9%
Rockwell Automation Inc
NYSE:ROK
Net Income
$947.3m
CAGR 3-Years
-11%
CAGR 5-Years
6%
CAGR 10-Years
1%
Vertiv Holdings Co
NYSE:VRT
Net Income
$581.4m
CAGR 3-Years
50%
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
7.39 USD
Overvaluation 24%
Intrinsic Value
Price

See Also

What is Enovix Corp's Net Income?
Net Income
-214.1m USD

Based on the financial report for Dec 31, 2023, Enovix Corp's Net Income amounts to -214.1m USD.

What is Enovix Corp's Net Income growth rate?
Net Income CAGR 3Y
-75%

Over the last year, the Net Income growth was -315%. The average annual Net Income growth rates for Enovix Corp have been -75% over the past three years .

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