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Energy Vault Holdings's quarterly market cap
increased
from Sep. 2025 (€422.9 Mil) to Dec. 2025 (€704.3 Mil) but then
declined
from Dec. 2025 (€704.3 Mil) to Mar. 2026 (€492.8 Mil).
Energy Vault Holdings's annual market cap
increased
from Dec. 2023 (€331.3 Mil) to Dec. 2024 (€331.5 Mil) and
increased
from Dec. 2024 (€331.5 Mil) to Dec. 2025 (€704.3 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Energy Vault Holdings's Enterprise Value for Today is €644.0 Mil.
Energy Vault Holdings (FRA:8610) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:8610 vs XIFR, ELLO, SAFX: Market Cap Comparison
For the Utilities - Renewable subindustry, Energy Vault Holdings's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Energy Vault Holdings Market Cap vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Energy Vault Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Energy Vault Holdings's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Energy Vault Holdings's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Energy Vault Holdings (FRA:8610) has a Market Cap of €519.8 Mil as of Jul. 14, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Energy Vault Holdings and its competitors. According to the industry distribution chart, Energy Vault Holdings ranks #178 out of 483 companies in the Utilities - Independent Power Producers industry, placing it in the top 36.9%.
Is Energy Vault Holdings' Market Cap too high?
Energy Vault Holdings' current Market Cap is €519.8 Mil. Based on the distribution chart, Energy Vault Holdings ranks #178 out of 483 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Energy Vault Holdings has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Energy Vault Holdings' Market Cap compare to XIFR and ELLO?
According to the Utilities - Independent Power Producers industry distribution chart, Energy Vault Holdings ranks #178 out of 483 companies for Market Cap. This puts Energy Vault Holdings in the upper half of its industry. The industry median Market Cap is 196.24. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Utilities - Independent Power Producers company?
The median Market Cap among Utilities - Independent Power Producers companies is 196.24, based on 483 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Energy Vault Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Market Cap is 196.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Vault Holdings's current Market Cap is €519.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Vault Holdings stock overvalued right now?
Based on GuruFocus' analysis, Energy Vault Holdings (FRA:8610) is currently considered Fairly Valued. The stock's GF Value™ is €2.82, compared to a current price of €2.90 — trading 2.8% above its estimated fair value. The current Market Cap is €519.8 Mil. Energy Vault Holdings' overall GF Score™ is 48/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Energy Vault Holdings (FRA:8610), the current Market Cap is €519.8 Mil as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Energy Vault Holdings (FRA:8610) Overvalued in 2026?
Based on GuruFocus' analysis, Energy Vault Holdings stock appears to be overvalued.
The current stock price of €2.90 is trading 2.8% above its estimated GF Value™ of €2.82.
GuruFocus considers Energy Vault Holdings to be Fairly Valued.
Key valuation signals for FRA:8610:
Market Cap: €519.8 Mil
GF Value™: €2.82 vs. price of €2.90 (2.8% above fair value)
No single metric tells the full story. See the FRA:8610 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Energy Vault Holdings Inc is a diversified portfolio of energy storage solutions to third parties, including proprietary gravity, battery, and green hydrogen-based technologies, supported by technology-agnostic energy management software and integration capabilities. Geographical presence in the United States, Australia, and other countries. The majority of its revenue comes from Australia.
48GF Score
Get the complete analysis for FRA:8610
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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