Ticker
ENPH

Price
120.23
Stock movement down
-2.00 (-1.64%)
Company name
Enphase Energy Inc
Exchange
(NASDAQ
,
Currency
USD
)
Sector
Technology >
Solar
Market cap
16.41B
Ent value
18.20B
Price/Sales
7.04
Price/Book
19.88
Div yield
-
Div growth
-
Growth years
-
FCF payout
-
Trailing P/E
41.30
Forward P/E
16.38
PEG
-
EPS growth
53.50%
1 year return
-61.99%
3 year return
22.03%
5 year return
91.98%
10 year return
32.93%
Last updated: 2023-09-08
Get the latest news and real-time alerts from Enphase Energy, Inc. (ENPH) stock at Seeking Alpha.
September 21, 2023

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Get the latest news and real-time alerts from Enphase Energy, Inc. (ENPH) stock at Seeking Alpha.
September 19, 2023

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BUSINESS INSIGHT

Shipments

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Enphase business comments

Enphase designs and manufactures software-driven solar microinverters, home energy storage and web-based monitoring and control

The cornerstone product is the Enphase microinverter. Enphase was the first company to successfully commercialise the microinverter on a wide scale, and remains the market leader in their production

A microinverter is installed on the back of each solar panel, making it possible to get the most energy from each system

The closest competitor of ENPH is SEDG (SolarEdge)

Geographic Revenues ($M)

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DIVIDENDS

ENPH does not pay dividends or no data was received
Get the latest news and real-time alerts from Enphase Energy, Inc. (ENPH) stock at Seeking Alpha.
September 18, 2023

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Get the latest news and real-time alerts from Enphase Energy, Inc. (ENPH) stock at Seeking Alpha.
September 12, 2023

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E41.30
Price to OCF22.03
Price to FCF23.50
Price to EBITDA31.83
EV to EBITDA35.30

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales7.04
Price to Book19.88
EV to Sales7.81
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FINANCIALS

Per share

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Per share data
Current share count136.50M
EPS (TTM)2.72
FCF per share (TTM)4.77

Income statement

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Income statement data
Revenue (TTM)2.33B
Gross profit (TTM)974.60M
Operating income (TTM)448.26M
Net income (TTM)397.36M
EPS (TTM)2.72
EPS (1y forward)7.34

Margins

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Margins data
Gross margin (TTM)41.81%
Operating margin (TTM)19.23%
Profit margin (TTM)17.05%

Balance Sheet

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Balance Sheet data
Cash473.24M
Net receivables440.90M
Total current assets2.26B
Goodwill213.56M
Intangible assets99.54M
Property, plant and equipment0.00
Total assets3.08B
Accounts payable125.08M
Short/Current long term debt1.29B
Total current liabilities638.22M
Total liabilities2.26B
Shareholder's equity825.57M
Net tangible assets512.47M

Cash flow

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Cash flow data
Operating cash flow (TTM)744.82M
Capital expenditures (TTM)46.44M
Free cash flow (TTM)698.37M
Dividends paid (TTM)0.00

Financial returns

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Financial returns data
Return on Equity48.13%
Return on Assets12.88%
Return on Invested Capital18.78%
Cash Return on Invested Capital33.01%
Enphase is well-positioned to benefit from the growing demand for solar energy. Read more to see why I am bullish on ENPH stock.
September 11, 2023

iO Charts is a Seeking Alpha partner

Enphase has solid long-term opportunities, but the company faces near-term challenges. Read why I'm currently neutral on ENPH stock.
September 6, 2023

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STOCK INFORMATION

Stock chart

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Stock price data
Open122.11
Daily high122.16
Daily low119.51
Daily Volume2.77M
All-time high336.00
1y analyst estimate295.03
Beta1.48
EPS (TTM)2.72
Dividend per share-
Ex-div date-
Next earnings date23 Oct 2023

Downside potential

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Downside potential data
ENPHS&P500
Current price drop from All-time high-64.22%-6.74%
Highest price drop-95.98%-56.47%
Date of highest drop18 May 20179 Mar 2009
Avg drop from high-43.99%-11.49%
Avg time to new high24 days13 days
Max time to new high1192 days1805 days
Enphase (ENPH) stock presents a buying opportunity after recent price drop, backed by strong earnings, growth potential, and market positioning. Read more here.
September 6, 2023

iO Charts is a Seeking Alpha partner

Tech stocks have recovered, but that has not stopped Enphase from continuing its plunge from ATHs. Check out why I rate ENPH stock a buy.
September 5, 2023

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COMPANY DETAILS
ENPH (Enphase Energy Inc) company logo
Marketcap
16.41B
Marketcap category
Large-cap
Description
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It also provides microinverter units and related accessories, an IQ gateway; IQ batteries; the cloud-based Enlighten monitoring service; storage solutions; and electric vehicle charging solutions; and design, proposal, permitting, and lead generation services. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.
Employees
2821
SEC filings
CEO
Badrinarayanan Kothandaraman
Country
USA
City
Fremont
Stock type
Common stock
CCC status
-
Dividend Frequency
-
EVENTS AND PRESENTATIONS
EventsPresentations
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Enphase has experienced significant revenue growth of 877% since 2017, with strong operating and net income margins. Find out why ENPH stock is a Strong Buy.
September 5, 2023

iO Charts is a Seeking Alpha partner

Enphase has capitalized on the growth of the solar industry by focusing on high-quality solar component products. Read more about ENPH stock here.
September 5, 2023

iO Charts is a Seeking Alpha partner

UNDERSTAND THE BUSINESS
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COMPANY NEWS
Seeking AlphaPress releases
An analysis of the potential value of Enphase Energy (ENPH) amid challenges and risks focus on momentum and price action. Read here for more details.
September 5, 2023
Enphase Energy's stock has fallen 51% this year and is now the worst performer in the S&P 500. Read why I'm neutral on ENPH stock.
September 5, 2023
Enphase Energy faces short-term challenges but offers potential buying opportunity due to a low valuation. Click here to read an analysis on ENPH stock.
August 11, 2023
Get the latest news and real-time alerts from Enphase Energy, Inc. (ENPH) stock at Seeking Alpha.
August 10, 2023
ENPH's forward guidance suggests potential profitability impact in FQ3'23, while the stock may remain volatile amid uncertain macroeconomic outlook.
August 4, 2023
Enphase stock faces short-term challenges due to external factors, but its strong technology and long-term potential signal a buying opportunity for investors.
August 3, 2023
Enphase continues to maintain a high market share while managing a tough operating environment in the US. Click here to read my analysis of the ENPH stock.
July 31, 2023
Enphase Energy, Inc.'s Q2 results showed a mixed performance, beating the EPS consensus but missing on revenue. Click for my full ENPH Q2 earnings review.
July 28, 2023
Get the latest news and real-time alerts from Enphase Energy, Inc. (ENPH) stock at Seeking Alpha.
July 28, 2023
Enphase Energy's Q2 earnings report showed disappointing guidance, with lower revenue and gross margins than expected. Read more about ENPH stock here.
July 28, 2023
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