Enovix Corporation
$778.81M- Market cap
- $761.49M
- Debt
- +$529.37M
- Cash
- −$512.04M
Capital structure 59% equity / 41% debt · EV / Revenue 24.47x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: ENVX stock price at premium vs MELI $3.47 current versus $0.49 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 MELI's multiple
Implied fair value · at ENVX's multiple
Snapshot Sep 8, 2026, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
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) · MELI FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Eight period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
Market cap plus debt, less cash.
Capital structure 59% equity / 41% debt · EV / Revenue 24.47x
Capital structure 91% equity / 9% debt · EV / Revenue 3.48x · EV / EBITDA 29.04x
MELI carries the larger enterprise value at $100.55B against $778.81M; MELI trades on the lower EV / Revenue multiple (3.48x vs 24.47x).
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.
MercadoLibre, Inc. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
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
1.36x
Net debt / EBITDA
Leverage against operating earnings
-0.15x
0.84x
Cash and equivalents
Liquid reserves on the balance sheet
$512.04M
$6.30B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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$529.37M
$9.19B
LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
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