ENPHASE ENERGY INC (E0P.DE) Stock Fundamental Analysis
FRA:E0P - Deutsche Boerse Ag - US29355A1079 - Common Stock - Currency: EUR
Taking everything into account, E0P scores 4 out of 10 in our fundamental rating. E0P was compared to 55 industry peers in the Semiconductors & Semiconductor Equipment industry. E0P has a medium profitability rating, but doesn't score so well on its financial health evaluation. E0P has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
E0P had positive earnings in the past year.
In the past year E0P had a positive cash flow from operations.
In the past 5 years E0P has always been profitable.
E0P had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
E0P's Return On Assets of 4.78% is on the low side compared to the rest of the industry. E0P is outperformed by 60.00% of its industry peers.
E0P has a Return On Equity of 18.32%. This is in the better half of the industry: E0P outperforms 67.27% of its industry peers.
E0P has a Return On Invested Capital of 6.71%. This is comparable to the rest of the industry: E0P outperforms 45.45% of its industry peers.
The Average Return On Invested Capital over the past 3 years for E0P is below the industry average of 15.29%.
The last Return On Invested Capital (6.71%) for E0P is well below the 3 year average (10.89%), which needs to be investigated, but indicates that E0P had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.78% | ||
| ROE | 18.32% | ||
| ROIC | 6.71% |
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
E0P has a Profit Margin of 10.43%. This is comparable to the rest of the industry: E0P outperforms 41.82% of its industry peers.
In the last couple of years the Profit Margin of E0P has declined.
E0P's Operating Margin of 10.73% is on the low side compared to the rest of the industry. E0P is outperformed by 69.09% of its industry peers.
In the last couple of years the Operating Margin of E0P has declined.
The Gross Margin of E0P (47.91%) is comparable to the rest of the industry.
E0P's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.73% | ||
| PM (TTM) | 10.43% | ||
| GM | 47.91% |
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
E0P has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for E0P has been reduced compared to 1 year ago.
Compared to 5 years ago, E0P has more shares outstanding
E0P has a worse debt/assets ratio than last year.
2.2 Solvency
E0P has an Altman-Z score of 2.13. This is not the best score and indicates that E0P is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of E0P (2.13) is worse than 78.18% of its industry peers.
E0P has a debt to FCF ratio of 2.55. This is a good value and a sign of high solvency as E0P would need 2.55 years to pay back of all of its debts.
E0P's Debt to FCF ratio of 2.55 is in line compared to the rest of the industry. E0P outperforms 58.18% of its industry peers.
A Debt/Equity ratio of 0.70 indicates that E0P is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.70, E0P is doing worse than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 2.55 | ||
| Altman-Z | 2.13 |
ROIC/WACC0.76
WACC8.83%
2.3 Liquidity
E0P has a Current Ratio of 1.90. This is a normal value and indicates that E0P is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.90, E0P is not doing good in the industry: 67.27% of the companies in the same industry are doing better.
E0P has a Quick Ratio of 1.77. This is a normal value and indicates that E0P is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.77, E0P is in line with its industry, outperforming 54.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.77 |
3. Growth
3.1 Past
E0P shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.12%.
Measured over the past years, E0P shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.06% on average per year.
The Revenue for E0P has decreased by -22.15% in the past year. This is quite bad
Measured over the past years, E0P shows a quite strong growth in Revenue. The Revenue has been growing by 16.34% on average per year.
EPS 1Y (TTM)-20.12%
EPS 3Y-0.69%
EPS 5Y20.06%
EPS Q2Q%94.29%
Revenue 1Y (TTM)-22.15%
Revenue growth 3Y-1.26%
Revenue growth 5Y16.34%
Sales Q2Q%35.22%
3.2 Future
E0P is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.95% yearly.
Based on estimates for the next years, E0P will show a quite strong growth in Revenue. The Revenue will grow by 9.16% on average per year.
EPS Next Y4.03%
EPS Next 2Y14.35%
EPS Next 3Y15.92%
EPS Next 5Y17.95%
Revenue Next Year10.04%
Revenue Next 2Y9.85%
Revenue Next 3Y10.86%
Revenue Next 5Y9.16%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 13.18 indicates a correct valuation of E0P.
Based on the Price/Earnings ratio, E0P is valued cheaply inside the industry as 94.55% of the companies are valued more expensively.
E0P's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.34.
The Price/Forward Earnings ratio is 11.50, which indicates a very decent valuation of E0P.
Based on the Price/Forward Earnings ratio, E0P is valued cheaply inside the industry as 87.27% of the companies are valued more expensively.
E0P's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.18 | ||
| Fwd PE | 11.5 |
4.2 Price Multiples
E0P's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of E0P indicates a rather cheap valuation: E0P is cheaper than 96.36% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.91 | ||
| EV/EBITDA | 14.54 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
E0P's earnings are expected to grow with 15.92% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.27
PEG (5Y)0.66
EPS Next 2Y14.35%
EPS Next 3Y15.92%
5. Dividend
5.1 Amount
E0P does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:E0P (6/19/2025, 7:00:00 PM)
30.97
-0.7 (-2.21%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners93.38%
Inst Owner ChangeN/A
Ins Owners3.12%
Ins Owner ChangeN/A
Market Cap4.06B
Analysts64
Price Target47.3 (52.73%)
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)11.14%
Min EPS beat(2)-5.07%
Max EPS beat(2)27.34%
EPS beat(4)1
Avg EPS beat(4)-1.54%
Min EPS beat(4)-16.87%
Max EPS beat(4)27.34%
EPS beat(8)2
Avg EPS beat(8)-0.93%
EPS beat(12)6
Avg EPS beat(12)5.08%
EPS beat(16)10
Avg EPS beat(16)9.02%
Revenue beat(2)0
Avg Revenue beat(2)-1.95%
Min Revenue beat(2)-3.27%
Max Revenue beat(2)-0.64%
Revenue beat(4)0
Avg Revenue beat(4)-3.17%
Min Revenue beat(4)-4.77%
Max Revenue beat(4)-0.64%
Revenue beat(8)0
Avg Revenue beat(8)-4.75%
Revenue beat(12)3
Avg Revenue beat(12)-3%
Revenue beat(16)6
Avg Revenue beat(16)-2.13%
PT rev (1m)-6.82%
PT rev (3m)-40.57%
EPS NQ rev (1m)0.05%
EPS NQ rev (3m)-21.78%
EPS NY rev (1m)0%
EPS NY rev (3m)-27%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)-5%
Revenue NY rev (1m)-0.07%
Revenue NY rev (3m)-5.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.18 | ||
| Fwd PE | 11.5 | ||
| P/S | 3.29 | ||
| P/FCF | 9.91 | ||
| P/OCF | 9.12 | ||
| P/B | 5.77 | ||
| P/tB | 8.34 | ||
| EV/EBITDA | 14.54 |
EPS(TTM)2.35
EY7.59%
EPS(NY)2.69
Fwd EY8.7%
FCF(TTM)3.13
FCFY10.09%
OCF(TTM)3.4
OCFY10.97%
SpS9.42
BVpS5.37
TBVpS3.71
PEG (NY)3.27
PEG (5Y)0.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.78% | ||
| ROE | 18.32% | ||
| ROCE | 7.84% | ||
| ROIC | 6.71% | ||
| ROICexc | 27.2% | ||
| ROICexgc | 56.72% | ||
| OM | 10.73% | ||
| PM (TTM) | 10.43% | ||
| GM | 47.91% | ||
| FCFM | 33.17% |
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%
ROICexcg growth 3Y-41.75%
ROICexcg 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-Score6
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 2.55 | ||
| Debt/EBITDA | 2.44 | ||
| Cap/Depr | 50.32% | ||
| Cap/Sales | 2.87% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 219.3% | ||
| Profit Quality | 317.92% | ||
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.77 | ||
| Altman-Z | 2.13 |
F-Score6
WACC8.83%
ROIC/WACC0.76
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)-20.12%
EPS 3Y-0.69%
EPS 5Y20.06%
EPS Q2Q%94.29%
EPS Next Y4.03%
EPS Next 2Y14.35%
EPS Next 3Y15.92%
EPS Next 5Y17.95%
Revenue 1Y (TTM)-22.15%
Revenue growth 3Y-1.26%
Revenue growth 5Y16.34%
Sales Q2Q%35.22%
Revenue Next Year10.04%
Revenue Next 2Y9.85%
Revenue Next 3Y10.86%
Revenue Next 5Y9.16%
EBIT growth 1Y-42.56%
EBIT growth 3Y-25.72%
EBIT growth 5Y-3%
EBIT Next Year38.71%
EBIT Next 3Y26.74%
EBIT Next 5Y24.97%
FCF growth 1Y-43.27%
FCF growth 3Y17.03%
FCF growth 5Y31.03%
OCF growth 1Y-42.28%
OCF growth 3Y13.43%
OCF growth 5Y29.86%