Enovix (ENVX) vs Varex Imaging (VREX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Varex Imaging (VREX) has outperformed Enovix (ENVX) over the past year, gaining 59.5% versus a loss of 79.5%. Over five years, VREX leads with a -30.7% price change compared with -87.8% for ENVX. Varex Imaging is the larger company by market cap ($783.2 million vs $544.2 million), about 1.4 times the size.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ENVX | VREX |
|---|---|---|
| Share price | $2.48 | $18.45 |
| Market cap | $544.23M | $783.24M |
| 1-day change | -2.74% | +0.03% |
| YTD return | -65.12% | +58.28% |
| 1-year return | -79.47% | +59.52% |
| 5-year return | -87.79% | -30.70% |
| P/E ratio (TTM) | — | 34.80 |
| Forward P/E | — | 17.24 |
| EPS (TTM) | $-0.80 | $0.53 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $14.21 | $18.63 |
| 52-week low | $2.46 | $9.09 |
| Distance from 52-week high | -82.55% | -0.99% |
| Analyst consensus | buy | none |
| Avg. price target upside | +357.66% | +2.47% |
| Average volume | 7.18M | 831.04K |
| Shares outstanding | 219.45M | 42.46M |
| Employees | 664 | 2,500 |
| Sector | Miscellaneous | Technology |
| Industry | Industrial Machinery/Components | Industrial 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
- VREX has outperformed ENVX by 139.0 percentage points over the past year.
- The two companies sit in different sectors: Enovix in Miscellaneous and Varex Imaging in Technology.
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 Varex Imaging
VREX stock →Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. It operates through two segments, Medical and Industrial.
Technology · Industrial Machinery/Components · 2,500 employees
ENVX vs VREX FAQ
Which is bigger, Enovix or Varex Imaging?
Varex Imaging (VREX) is larger, with a market capitalization of $783.24M compared with $544.23M for Enovix (ENVX).
Which stock has performed better over the past year, ENVX or VREX?
VREX returned +59.52% over the past 12 months, compared with -79.47% for ENVX (price return, excluding dividends). Past performance does not predict future results.
Are Enovix and Varex Imaging in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Miscellaneous sector.