Enovix Corporation
$750.28M- Market cap
- $732.96M
- Debt
- +$529.37M
- Cash
- −$512.04M
Capital structure 58% equity / 42% debt · EV / Revenue 23.58x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2026 ·
Decision snapshot: ENVX stock price at premium vs CSCO $3.34 current versus $0.99 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at CSCO's multiple
Implied fair value · at ENVX's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: ENVX FY 2025 (ended Dec 28, 2025) · CSCO FY 2026 (ended Jul 25, 2026). Fiscal years are not aligned.
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 58% equity / 42% debt · EV / Revenue 23.58x
Capital structure 93% equity / 7% debt · EV / Revenue 7.07x · EV / EBITDA 26.46x
CSCO carries the larger enterprise value at $447.76B against $750.28M; CSCO trades on the lower EV / Revenue multiple (7.07x vs 23.58x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Enovix Corporation · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
CISCO SYSTEMS, INC. · implied price per share
Bear
$43.38
Base
$52.40
Bull
$64.84
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
1.95x
0.66x
Net debt / EBITDA
Leverage against operating earnings
-0.15x
1.01x
Cash and equivalents
Liquid reserves on the balance sheet
$512.04M
$15.92B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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$529.37M
$33.03B
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