ENVX (Enovix) Moat Score: 4/10 (As of Jul. 03, 2026)


ENVX Enovix Corp ENVX
43 GF Score
Price $5.36
GF Value $18.24
Valuation Possible Value Trap
! 3 Warning Signs
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What is Enovix Moat Score?

Enovix ENVX -8.22% 43 Moat Score is 4 as of Jul. 03, 2026. GuruFocus rates ENVX with a GF Score™ of 43/100 and a GF Value™ of $18.24 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 3,041 Industrial Products companies, Enovix ranks better than 94.05% on this metric.

Enovix has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

Enovix has Narrow Moat: Enovix Corp has a discernible moat due to its innovative battery technology and intellectual property. However, it faces significant competition and lacks strong brand strength and customer loyalty, which limits its market leadership and pricing power.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Enovix might have Narrow Moat - Discernible but modest moat.

Enovix  (NAS:ENVX) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Enovix Moat Score Related Terms

ENVX vs FAC, ENR, FCEL: Moat Score Comparison

For the Electrical Equipment & Parts subindustry, Enovix's Moat Score, along with its competitors' market caps and Moat Score 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.

Enovix Moat Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Enovix's Moat Score distribution charts can be found below:

* The bar in red indicates where Enovix's Moat Score falls into.


ENVX
43GF Score
Enovix Corp ENVX
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
Enovix (ENVX) has a Moat Score of 4 as of Jul. 03, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Enovix ranks #181 out of 3041 companies in the Industrial Products industry, placing it in the top 6%.
Is Enovix's Moat Score too high?
Enovix's current Moat Score is 4. Based on the distribution chart, Enovix ranks #181 out of 3041 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Enovix has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Enovix's Moat Score compare to FAC and ENR?
According to the Industrial Products industry distribution chart, Enovix ranks #181 out of 3041 companies for Moat Score. This places Enovix in the top 6% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Industrial Products company?
A good Moat Score depends on the Industrial Products industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Enovix's current Moat Score is 4. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enovix stock overvalued right now?
Based on GuruFocus' analysis, Enovix (ENVX) is currently considered Possible Value Trap. The stock's GF Value™ is $18.24, compared to a current price of $5.36 — trading 70.6% below its estimated fair value. The current Moat Score is 4. Enovix's overall GF Score™ is 43/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Enovix (ENVX), the current Moat Score is 4 as of Jul. 03, 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 Enovix (ENVX) Overvalued in 2026?

Based on GuruFocus' analysis, Enovix stock appears to be undervalued. The current stock price of $5.36 is trading 70.6% below its estimated GF Value™ of $18.24. GuruFocus considers Enovix to be Possible Value Trap.

Key valuation signals for ENVX:

  • Moat Score: 4
  • GF Value™: $18.24 vs. price of $5.36 (70.6% below fair value)
  • GF Score™: 43/100 with 3 warning signs

No single metric tells the full story. See the ENVX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Enovix Business Description

Other Exchanges 1ENVX:Italy6Q81:Germany
Address 3501 W Warren Avenue, Fremont, CA, USA, 94538
Enovix Corp is engaged in designing, developing, manufacturing, and commercializing Lithium-ion, or Li-ion, battery cells. It uses BreakFlow and Encapsulation technologies to manufacture high capacity and resilient batteries. The company's product portfolio comprises power disc batteries, flexible lithium-ion polymer batteries, superior lithium-ion polymer batteries, active silicon lithium-ion cells, and others. Geographically, the company generates maximum revenue from its customers in South Korea, followed by Switzerland, the United States, Norway, Taiwan, and other regions.
43GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.36
Price
$18.24
GF Value