ENPHASE ENERGY INC (1ENPH.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1ENPH - US29355A1079 - Common Stock
23.565 EUR
-1.79 (-7.08%)
We assign a fundamental rating of 5 out of 10 to 1ENPH. 1ENPH was compared to 62 industry peers in the Semiconductors & Semiconductor Equipment industry. Both the profitability and the financial health of 1ENPH get a neutral evaluation. Nothing too spectacular is happening here. 1ENPH scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year 1ENPH was profitable.
1ENPH had a positive operating cash flow in the past year.
Each year in the past 5 years 1ENPH has been profitable.
Each year in the past 5 years 1ENPH had a positive operating cash flow.
1.2 Ratios
1ENPH has a Return On Assets of 5.89%. This is comparable to the rest of the industry: 1ENPH outperforms 53.23% of its industry peers.
The Return On Equity of 1ENPH (19.66%) is better than 69.35% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.61%, 1ENPH is in line with its industry, outperforming 53.23% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for 1ENPH is below the industry average of 14.81%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.89% | ||
| ROE | 19.66% | ||
| ROIC | 8.61% |
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 12.93%, 1ENPH is in line with its industry, outperforming 58.06% of the companies in the same industry.
1ENPH's Profit Margin has declined in the last couple of years.
The Operating Margin of 1ENPH (14.31%) is comparable to the rest of the industry.
1ENPH's Operating Margin has declined in the last couple of years.
1ENPH has a Gross Margin (49.11%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of 1ENPH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.31% | ||
| PM (TTM) | 12.93% | ||
| GM | 49.11% |
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.
1ENPH has less shares outstanding than it did 1 year ago.
1ENPH has more shares outstanding than it did 5 years ago.
The debt/assets ratio for 1ENPH is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 1.93 indicates that 1ENPH is not a great score, but indicates only limited risk for bankruptcy at the moment.
1ENPH has a worse Altman-Z score (1.93) than 75.81% of its industry peers.
The Debt to FCF ratio of 1ENPH is 5.54, which is a neutral value as it means it would take 1ENPH, 5.54 years of fcf income to pay off all of its debts.
1ENPH has a Debt to FCF ratio (5.54) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.57 indicates that 1ENPH is somewhat dependend on debt financing.
1ENPH has a Debt to Equity ratio of 0.57. This is in the lower half of the industry: 1ENPH underperforms 70.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 5.54 | ||
| Altman-Z | 1.93 |
ROIC/WACC0.97
WACC8.9%
2.3 Liquidity
1ENPH has a Current Ratio of 2.04. This indicates that 1ENPH is financially healthy and has no problem in meeting its short term obligations.
1ENPH has a Current ratio of 2.04. This is comparable to the rest of the industry: 1ENPH outperforms 48.39% of its industry peers.
1ENPH has a Quick Ratio of 1.88. 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 (1.88) is better than 74.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.88 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 62.94% over the past year.
The Earnings Per Share has been growing by 20.06% on average over the past years. This is a very strong growth
The Revenue has grown by 20.97% in the past year. This is a very strong growth!
The Revenue has been growing by 16.34% on average over the past years. This is quite good.
EPS 1Y (TTM)62.94%
EPS 3Y-0.69%
EPS 5Y20.06%
EPS Q2Q%38.46%
Revenue 1Y (TTM)20.97%
Revenue growth 3Y-1.26%
Revenue growth 5Y16.34%
Sales Q2Q%7.76%
3.2 Future
Based on estimates for the next years, 1ENPH will show a small growth in Earnings Per Share. The EPS will grow by 7.78% on average per year.
The Revenue is expected to grow by 2.65% on average over the next years.
EPS Next Y18.08%
EPS Next 2Y-4.62%
EPS Next 3Y2.58%
EPS Next 5Y7.78%
Revenue Next Year11.37%
Revenue Next 2Y-2.05%
Revenue Next 3Y1.67%
Revenue Next 5Y2.65%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last 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
A Price/Earnings ratio of 8.54 indicates a reasonable valuation of 1ENPH.
Compared to the rest of the industry, the Price/Earnings ratio of 1ENPH indicates a rather cheap valuation: 1ENPH is cheaper than 100.00% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of 1ENPH to the average of the S&P500 Index (26.37), we can say 1ENPH is valued rather cheaply.
With a Price/Forward Earnings ratio of 12.69, 1ENPH is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 1ENPH indicates a rather cheap valuation: 1ENPH is cheaper than 93.55% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of 1ENPH to the average of the S&P500 Index (36.20), we can say 1ENPH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.54 | ||
| Fwd PE | 12.69 |
4.2 Price Multiples
1ENPH's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. 1ENPH is cheaper than 85.48% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, 1ENPH is valued cheaper than 91.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.48 | ||
| EV/EBITDA | 7.5 |
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)0.47
PEG (5Y)0.43
EPS Next 2Y-4.62%
EPS Next 3Y2.58%
5. Dividend
5.1 Amount
No dividends for 1ENPH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
BIT:1ENPH (11/20/2025, 7:00:00 PM)
23.565
-1.79 (-7.08%)
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 Cap3.08B
Revenue(TTM)1.51B
Net Income(TTM)195.58M
Analysts63.81
Price Target34.98 (48.44%)
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)2
Avg EPS beat(2)22.55%
Min EPS beat(2)8.83%
Max EPS beat(2)36.27%
EPS beat(4)3
Avg EPS beat(4)16.84%
Min EPS beat(4)-5.07%
Max EPS beat(4)36.27%
EPS beat(8)3
Avg EPS beat(8)2.95%
EPS beat(12)6
Avg EPS beat(12)5.62%
EPS beat(16)10
Avg EPS beat(16)9.13%
Revenue beat(2)1
Avg Revenue beat(2)4.4%
Min Revenue beat(2)-1.01%
Max Revenue beat(2)9.81%
Revenue beat(4)1
Avg Revenue beat(4)1.22%
Min Revenue beat(4)-3.27%
Max Revenue beat(4)9.81%
Revenue beat(8)1
Avg Revenue beat(8)-2.64%
Revenue beat(12)2
Avg Revenue beat(12)-2.62%
Revenue beat(16)6
Avg Revenue beat(16)-1.57%
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)-15.75%
EPS NQ rev (3m)-14.26%
EPS NY rev (1m)3.75%
EPS NY rev (3m)4.19%
Revenue NQ rev (1m)-9.28%
Revenue NQ rev (3m)-9.31%
Revenue NY rev (1m)0.33%
Revenue NY rev (3m)0.67%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.54 | ||
| Fwd PE | 12.69 | ||
| P/S | 2.37 | ||
| P/FCF | 16.48 | ||
| P/OCF | 13.98 | ||
| P/B | 3.6 | ||
| P/tB | 4.75 | ||
| EV/EBITDA | 7.5 |
EPS(TTM)2.76
EY11.71%
EPS(NY)1.86
Fwd EY7.88%
FCF(TTM)1.43
FCFY6.07%
OCF(TTM)1.69
OCFY7.16%
SpS9.95
BVpS6.55
TBVpS4.96
PEG (NY)0.47
PEG (5Y)0.43
Graham Number20.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.89% | ||
| ROE | 19.66% | ||
| ROCE | 10.07% | ||
| ROIC | 8.61% | ||
| ROICexc | 27.56% | ||
| ROICexgc | 43.07% | ||
| OM | 14.31% | ||
| PM (TTM) | 12.93% | ||
| GM | 49.11% | ||
| FCFM | 14.37% |
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 Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 5.54 | ||
| Debt/EBITDA | 1.92 | ||
| Cap/Depr | 48.17% | ||
| Cap/Sales | 2.58% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 86.18% | ||
| Profit Quality | 111.1% | ||
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.88 | ||
| Altman-Z | 1.93 |
F-Score8
WACC8.9%
ROIC/WACC0.97
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)62.94%
EPS 3Y-0.69%
EPS 5Y20.06%
EPS Q2Q%38.46%
EPS Next Y18.08%
EPS Next 2Y-4.62%
EPS Next 3Y2.58%
EPS Next 5Y7.78%
Revenue 1Y (TTM)20.97%
Revenue growth 3Y-1.26%
Revenue growth 5Y16.34%
Sales Q2Q%7.76%
Revenue Next Year11.37%
Revenue Next 2Y-2.05%
Revenue Next 3Y1.67%
Revenue Next 5Y2.65%
EBIT growth 1Y602.21%
EBIT growth 3Y-25.72%
EBIT growth 5Y-3%
EBIT Next Year52.77%
EBIT Next 3Y13.38%
EBIT Next 5Y12.39%
FCF growth 1Y-73.12%
FCF growth 3Y17.03%
FCF growth 5Y31.03%
OCF growth 1Y-71.99%
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 5 / 10 to 1ENPH.MI.
Can you provide the valuation status for ENPHASE ENERGY INC?
ChartMill assigns a valuation rating of 8 / 10 to ENPHASE ENERGY INC (1ENPH.MI). This can be considered as Undervalued.
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 8.54 and the Price/Book (PB) ratio is 3.6.