ENPHASE ENERGY INC (1ENPH.MI) Stock Fundamental Analysis
Europe - BIT:1ENPH - US29355A1079 - Common Stock
31.37 EUR
-1.13 (-3.48%)
We assign a fundamental rating of 4 out of 10 to 1ENPH. 1ENPH was compared to 58 industry peers in the Semiconductors & Semiconductor Equipment industry. 1ENPH has only an average score on both its financial health and profitability. 1ENPH has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
1ENPH had positive earnings in the past year.
1ENPH had a positive operating cash flow in the past year.
Each year in the past 5 years 1ENPH has been profitable.
In the past 5 years 1ENPH always reported a positive cash flow from operatings.
1.2 Ratios
1ENPH has a Return On Assets of 5.50%. This is comparable to the rest of the industry: 1ENPH outperforms 51.72% of its industry peers.
With a decent Return On Equity value of 19.84%, 1ENPH is doing good in the industry, outperforming 72.41% of the companies in the same industry.
1ENPH's Return On Invested Capital of 8.14% is in line compared to the rest of the industry. 1ENPH outperforms 53.45% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 1ENPH is below the industry average of 14.08%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 19.84% | ||
| ROIC | 8.14% |
ROA(3y)9.67%
ROA(5y)9.44%
ROE(3y)35.03%
ROE(5y)33.31%
ROIC(3y)10.89%
ROIC(5y)13.62%
1.3 Margins
Looking at the Profit Margin, with a value of 11.78%, 1ENPH is in line with its industry, outperforming 56.90% of the companies in the same industry.
1ENPH's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 12.94%, 1ENPH perfoms like the industry average, outperforming 43.10% of the companies in the same industry.
1ENPH's Operating Margin has declined in the last couple of years.
1ENPH has a Gross Margin (48.35%) which is in line with its industry peers.
In the last couple of years the Gross Margin of 1ENPH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.94% | ||
| PM (TTM) | 11.78% | ||
| GM | 48.35% |
OM growth 3Y-24.77%
OM growth 5Y-16.62%
PM growth 3Y-9.82%
PM growth 5Y-21.45%
GM growth 3Y5.64%
GM growth 5Y5.94%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so 1ENPH is still creating some value.
The number of shares outstanding for 1ENPH has been reduced compared to 1 year ago.
The number of shares outstanding for 1ENPH has been increased compared to 5 years ago.
Compared to 1 year ago, 1ENPH has a worse debt to assets ratio.
2.2 Solvency
1ENPH has an Altman-Z score of 2.19. This is not the best score and indicates that 1ENPH is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of 1ENPH (2.19) is worse than 74.14% of its industry peers.
The Debt to FCF ratio of 1ENPH is 3.22, which is a good value as it means it would take 1ENPH, 3.22 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.22, 1ENPH is in line with its industry, outperforming 46.55% of the companies in the same industry.
A Debt/Equity ratio of 0.65 indicates that 1ENPH is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.65, 1ENPH is not doing good in the industry: 81.03% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 3.22 | ||
| Altman-Z | 2.19 |
ROIC/WACC0.77
WACC10.57%
2.3 Liquidity
A Current Ratio of 1.97 indicates that 1ENPH should not have too much problems paying its short term obligations.
1ENPH has a Current ratio of 1.97. This is comparable to the rest of the industry: 1ENPH outperforms 41.38% of its industry peers.
1ENPH has a Quick Ratio of 1.82. This is a normal value and indicates that 1ENPH is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of 1ENPH (1.82) is better than 65.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.97 | ||
| Quick Ratio | 1.82 |
3. Growth
3.1 Past
1ENPH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.50%, which is quite impressive.
1ENPH shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.06% yearly.
The Revenue has been growing slightly by 4.39% in the past year.
The Revenue has been growing by 16.34% on average over the past years. This is quite good.
EPS 1Y (TTM)26.5%
EPS 3Y-0.69%
EPS 5Y20.06%
EPS Q2Q%60.47%
Revenue 1Y (TTM)4.39%
Revenue growth 3Y-1.26%
Revenue growth 5Y16.34%
Sales Q2Q%19.67%
3.2 Future
1ENPH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.53% yearly.
The Revenue is expected to grow by 5.14% on average over the next years.
EPS Next Y13.82%
EPS Next 2Y0.18%
EPS Next 3Y4.77%
EPS Next 5Y10.53%
Revenue Next Year11%
Revenue Next 2Y1.54%
Revenue Next 3Y2.85%
Revenue Next 5Y5.14%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
1ENPH is valuated correctly with a Price/Earnings ratio of 12.21.
94.83% of the companies in the same industry are more expensive than 1ENPH, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of 1ENPH to the average of the S&P500 Index (26.03), we can say 1ENPH is valued rather cheaply.
The Price/Forward Earnings ratio is 15.19, which indicates a correct valuation of 1ENPH.
Based on the Price/Forward Earnings ratio, 1ENPH is valued a bit cheaper than the industry average as 79.31% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.27. 1ENPH is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.21 | ||
| Fwd PE | 15.19 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1ENPH is valued a bit cheaper than 72.41% of the companies in the same industry.
96.55% of the companies in the same industry are more expensive than 1ENPH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.66 | ||
| EV/EBITDA | 11.87 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.88
PEG (5Y)0.61
EPS Next 2Y0.18%
EPS Next 3Y4.77%
5. Dividend
5.1 Amount
1ENPH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:1ENPH (10/27/2025, 7:00:00 PM)
31.37
-1.13 (-3.48%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners96.21%
Inst Owner ChangeN/A
Ins Owners3.13%
Ins Owner ChangeN/A
Market Cap4.10B
Revenue(TTM)1.48B
Net Income(TTM)174.70M
Analysts63.72
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.88%
Min EPS beat(2)-5.07%
Max EPS beat(2)8.83%
EPS beat(4)2
Avg EPS beat(4)3.56%
Min EPS beat(4)-16.87%
Max EPS beat(4)27.34%
EPS beat(8)2
Avg EPS beat(8)-1.74%
EPS beat(12)6
Avg EPS beat(12)3.72%
EPS beat(16)10
Avg EPS beat(16)8.23%
Revenue beat(2)0
Avg Revenue beat(2)-2.14%
Min Revenue beat(2)-3.27%
Max Revenue beat(2)-1.01%
Revenue beat(4)0
Avg Revenue beat(4)-2.42%
Min Revenue beat(4)-4.77%
Max Revenue beat(4)-0.64%
Revenue beat(8)0
Avg Revenue beat(8)-4.44%
Revenue beat(12)2
Avg Revenue beat(12)-3.34%
Revenue beat(16)6
Avg Revenue beat(16)-2.16%
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)1.42%
EPS NQ rev (3m)12.04%
EPS NY rev (1m)0.42%
EPS NY rev (3m)9.41%
Revenue NQ rev (1m)1.01%
Revenue NQ rev (3m)-0.24%
Revenue NY rev (1m)0.33%
Revenue NY rev (3m)0.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.21 | ||
| Fwd PE | 15.19 | ||
| P/S | 3.18 | ||
| P/FCF | 12.66 | ||
| P/OCF | 11.45 | ||
| P/B | 5.36 | ||
| P/tB | 7.46 | ||
| EV/EBITDA | 11.87 |
EPS(TTM)2.57
EY8.19%
EPS(NY)2.07
Fwd EY6.59%
FCF(TTM)2.48
FCFY7.9%
OCF(TTM)2.74
OCFY8.73%
SpS9.85
BVpS5.85
TBVpS4.21
PEG (NY)0.88
PEG (5Y)0.61
Graham Number18.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.5% | ||
| ROE | 19.84% | ||
| ROCE | 9.52% | ||
| ROIC | 8.14% | ||
| ROICexc | 33.75% | ||
| ROICexgc | 68.71% | ||
| OM | 12.94% | ||
| PM (TTM) | 11.78% | ||
| GM | 48.35% | ||
| FCFM | 25.16% |
ROA(3y)9.67%
ROA(5y)9.44%
ROE(3y)35.03%
ROE(5y)33.31%
ROIC(3y)10.89%
ROIC(5y)13.62%
ROICexc(3y)29.55%
ROICexc(5y)N/A
ROICexgc(3y)43.52%
ROICexgc(5y)N/A
ROCE(3y)12.74%
ROCE(5y)15.93%
ROICexgc growth 3Y-41.75%
ROICexgc growth 5Y-24.25%
ROICexc growth 3Y-35.85%
ROICexc growth 5Y-25.26%
OM growth 3Y-24.77%
OM growth 5Y-16.62%
PM growth 3Y-9.82%
PM growth 5Y-21.45%
GM growth 3Y5.64%
GM growth 5Y5.94%
F-Score8
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.65 | ||
| Debt/FCF | 3.22 | ||
| Debt/EBITDA | 2.1 | ||
| Cap/Depr | 48.86% | ||
| Cap/Sales | 2.66% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 151.28% | ||
| Profit Quality | 213.51% | ||
| Current Ratio | 1.97 | ||
| Quick Ratio | 1.82 | ||
| Altman-Z | 2.19 |
F-Score8
WACC10.57%
ROIC/WACC0.77
Cap/Depr(3y)89.33%
Cap/Depr(5y)108.77%
Cap/Sales(3y)3.11%
Cap/Sales(5y)3.16%
Profit Quality(3y)259%
Profit Quality(5y)225.8%
High Growth Momentum
Growth
EPS 1Y (TTM)26.5%
EPS 3Y-0.69%
EPS 5Y20.06%
EPS Q2Q%60.47%
EPS Next Y13.82%
EPS Next 2Y0.18%
EPS Next 3Y4.77%
EPS Next 5Y10.53%
Revenue 1Y (TTM)4.39%
Revenue growth 3Y-1.26%
Revenue growth 5Y16.34%
Sales Q2Q%19.67%
Revenue Next Year11%
Revenue Next 2Y1.54%
Revenue Next 3Y2.85%
Revenue Next 5Y5.14%
EBIT growth 1Y95.08%
EBIT growth 3Y-25.72%
EBIT growth 5Y-3%
EBIT Next Year52.77%
EBIT Next 3Y13.38%
EBIT Next 5Y16.15%
FCF growth 1Y-56.9%
FCF growth 3Y17.03%
FCF growth 5Y31.03%
OCF growth 1Y-56.91%
OCF growth 3Y13.43%
OCF growth 5Y29.86%
ENPHASE ENERGY INC / 1ENPH.MI FAQ
What is the fundamental rating for 1ENPH stock?
ChartMill assigns a fundamental rating of 4 / 10 to 1ENPH.MI.
Can you provide the valuation status for ENPHASE ENERGY INC?
ChartMill assigns a valuation rating of 6 / 10 to ENPHASE ENERGY INC (1ENPH.MI). This can be considered as Fairly Valued.
How profitable is ENPHASE ENERGY INC (1ENPH.MI) stock?
ENPHASE ENERGY INC (1ENPH.MI) has a profitability rating of 4 / 10.
What is the valuation of ENPHASE ENERGY INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ENPHASE ENERGY INC (1ENPH.MI) is 12.21 and the Price/Book (PB) ratio is 5.36.