MetaCap

Enovix (ENVX) vs Mesa Laboratories (MLAB)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Mesa Laboratories (MLAB) has outperformed Enovix (ENVX) over the past year, gaining 90.6% versus a loss of 79.5%. Over five years, MLAB leads with a -58.0% price change compared with -87.8% for ENVX. Mesa Laboratories is the larger company by market cap ($710.1 million vs $543.1 million), about 1.3 times the size.

Mesa Laboratories pays a dividend yielding 0.50%, while Enovix does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

ENVX-79.47%MLAB+90.56%
+118%+15%-89%
Oct 7, 20251 yearOct 7, 2026
ENVX-88.07%MLAB-57.79%
+75%-10%-96%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

ENVX versus MLAB key metrics
MetricENVXMLAB
Share price$2.48$126.90
Market cap$543.14M$710.09M
1-day change-2.94%-2.36%
YTD return-65.12%+65.55%
1-year return-79.47%+90.56%
5-year return-87.79%-58.04%
P/E ratio (TTM)—149.29
Forward P/E—12.36
EPS (TTM)$-0.80$0.85
Dividend yield0.00%0.50%
Annual dividend$0.00$0.64
52-week high$14.21$144.35
52-week low$2.46$66.56
Distance from 52-week high-82.58%-12.09%
Analyst consensusbuybuy
Avg. price target upside+358.59%-1.49%
Average volume7.18M146.02K
Shares outstanding219.45M5.60M
Employees664717
SectorMiscellaneousIndustrials
IndustryIndustrial Machinery/ComponentsIndustrial Machinery/Components

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • MLAB has outperformed ENVX by 170.0 percentage points over the past year.
  • The two companies sit in different sectors: Enovix in Miscellaneous and Mesa Laboratories in Industrials.

About Enovix

ENVX stock →

Enovix Corporation designs, develops, and manufactures lithium-ion battery cells in the United States and internationally. It serves wearables and IoT, smartphone, computing, electrical vehicles, and original equipment manufacturers.

Miscellaneous · Industrial Machinery/Components · 664 employees

About Mesa Laboratories

MLAB stock →

Mesa Laboratories, Inc. develops, designs, manufactures, sells, and services life sciences tools and quality control products and services in North America, Europe, the Asia Pacific, and internationally.

Industrials · Industrial Machinery/Components · 717 employees

ENVX vs MLAB FAQ

Which is bigger, Enovix or Mesa Laboratories?

Mesa Laboratories (MLAB) is larger, with a market capitalization of $710.09M compared with $543.14M for Enovix (ENVX).

Which stock has performed better over the past year, ENVX or MLAB?

MLAB returned +90.56% over the past 12 months, compared with -79.47% for ENVX (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, Enovix or Mesa Laboratories?

Mesa Laboratories pays a dividend yielding 0.50%, while Enovix does not currently pay a regular dividend.

Are Enovix and Mesa Laboratories in the same industry?

Yes. Both are classified in the Industrial Machinery/Components industry within the Miscellaneous sector.

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