ENPH

Enphase Energy Inc

Exchange: NASDAQSector: TechnologyIndustry: Solar

Enphase Energy, a global energy technology company based in Fremont, CA, is the world's leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power—and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped more than 73 million microinverters, and approximately 4.0 million Enphase-based systems have been deployed in more than 150 countries.

Did you know?

ENPH's revenue grew at a 15.4% CAGR over the last 6 years.

Current Price

$36.16

+2.26%

GoodMoat Value

$35.21

2.6% overvalued

Profile

Valuation (TTM)

Market Cap$4.73B

P/E27.49

EV$5.03B

P/B4.35

Shares Out130.86M

P/Sales3.21

Revenue$1.47B

EV/EBITDA15.25

Enphase Energy Inc (ENPH) Valuation

ENPH Fair Value Estimate

$35.212.6% overvalued

Blended fair value estimate based on DCF, Graham Number, and earnings-based models.

ENPH Valuation Metrics

FCF$95.90M

FCF Growth Rate-4.23%

EPS Growth (CAGR)1.11%

WACC10.00%

Fair Value Models

Graham Number, PEG-based, and Earnings-based models

View Fair Value →

ENPH Valuation & Fair Value Analysis

Enphase Energy Inc (ENPH) valuation analysis using multiple fair value methodologies. GoodMoat calculates a blended fair value target using discounted cash flow (DCF) analysis, the Graham Number, and earnings-based valuation models.

The GoodMoat Fair Value target for Enphase Energy Inc is $35.21. The current stock price is $36.16, suggesting the stock is 2.7% overvalued.

The price-to-earnings (P/E) ratio is 27.49. Price-to-book ratio is 4.35. Price-to-sales ratio is 3.21. Enterprise value to EBITDA is 15.25. PEG ratio is -0.74.

GoodMoat's valuation models include the Graham Number (based on EPS and book value), an earnings-based model (discounted future EPS), and a PEG-adjusted valuation. The three models are averaged to produce a blended fair value estimate. Use these tools alongside the DCF calculator and reverse DCF to form a comprehensive view of Enphase Energy Inc's intrinsic value.