Enovix Corp (ENVX) vs. CADENCE DESIGN SYSTEMS INC (CDNS) Stock Comparison & Valuation

Quick read

Fair value engine

Each company valued on the other's multiple, then compared with the market price.

ENVX · current priceP/S 23.52x

$3.41Latest market snapshot

Implied fair value · at CDNS's multiple

$2.2135.2% below market

0.15 ENVX revenue / share×15.24x CDNS P/S=$2.21

Market $3.41Implied $2.21

CDNS · current priceP/S 15.24x

$292.70Latest market snapshot

Implied fair value · at ENVX's multiple

$451.6154.3% above market

19.20 CDNS revenue / share×23.52x ENVX P/S=$451.61

Market $292.70Implied $451.61

Engine logicENVXvalued onCDNS’smultiple