ENPHASE ENERGY INC (E0P.DE) Fundamental Analysis & Valuation
FRA:E0P • US29355A1079
34.475 EUR
-1.05 (-2.96%)
Last: Mar 6, 2026, 07:00 PM
This E0P.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
E0P gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 66 industry peers in the Semiconductors & Semiconductor Equipment industry. While E0P is still in line with the averages on profitability rating, there are concerns on its financial health. E0P has a correct valuation and a medium growth rate.
1. E0P.DE Profitability Analysis
1.1 Basic Checks
- E0P had positive earnings in the past year.
- In the past year E0P had a positive cash flow from operations.
- E0P had positive earnings in each of the past 5 years.
- In the past 5 years E0P always reported a positive cash flow from operatings.
1.2 Ratios
- E0P has a Return On Assets (4.90%) which is comparable to the rest of the industry.
- E0P has a Return On Equity (15.84%) which is in line with its industry peers.
- E0P's Return On Invested Capital of 6.50% is in line compared to the rest of the industry. E0P outperforms 53.03% of its industry peers.
- E0P had an Average Return On Invested Capital over the past 3 years of 7.80%. This is significantly below the industry average of 13.69%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.9% | ||
| ROE | 15.84% | ||
| ROIC | 6.5% |
ROA(3y)7.01%
ROA(5y)8.18%
ROE(3y)24.26%
ROE(5y)30.94%
ROIC(3y)7.8%
ROIC(5y)10.1%
1.3 Margins
- E0P has a Profit Margin of 11.69%. This is comparable to the rest of the industry: E0P outperforms 48.48% of its industry peers.
- E0P's Profit Margin has declined in the last couple of years.
- E0P has a Operating Margin (11.71%) which is comparable to the rest of the industry.
- E0P's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 47.17%, E0P is in line with its industry, outperforming 46.97% of the companies in the same industry.
- In the last couple of years the Gross Margin of E0P has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.71% | ||
| PM (TTM) | 11.69% | ||
| GM | 47.17% |
OM growth 3Y-14.61%
OM growth 5Y-12.84%
PM growth 3Y-11.83%
PM growth 5Y-7.55%
GM growth 3Y4.39%
GM growth 5Y1.26%
2. E0P.DE Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so E0P is destroying value.
- E0P has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, E0P has more shares outstanding
- Compared to 1 year ago, E0P has an improved debt to assets ratio.
2.2 Solvency
- E0P has an Altman-Z score of 2.25. 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 (2.25) is worse than 74.24% of its industry peers.
- The Debt to FCF ratio of E0P is 12.56, which is on the high side as it means it would take E0P, 12.56 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 12.56, E0P is doing worse than 68.18% of the companies in the same industry.
- A Debt/Equity ratio of 0.53 indicates that E0P is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.53, E0P is not doing good in the industry: 74.24% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 12.56 | ||
| Altman-Z | 2.25 |
ROIC/WACC0.64
WACC10.23%
2.3 Liquidity
- A Current Ratio of 2.07 indicates that E0P has no problem at all paying its short term obligations.
- The Current ratio of E0P (2.07) is worse than 63.64% of its industry peers.
- E0P has a Quick Ratio of 1.84. 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 Quick ratio value of 1.84, E0P perfoms like the industry average, outperforming 59.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.84 |
3. E0P.DE Growth Analysis
3.1 Past
- E0P shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.74%, which is quite impressive.
- E0P shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.99% yearly.
- E0P shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.72%.
- E0P shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.72% yearly.
EPS 1Y (TTM)25.74%
EPS 3Y-13.6%
EPS 5Y16.99%
EPS Q2Q%-24.47%
Revenue 1Y (TTM)10.72%
Revenue growth 3Y-14.19%
Revenue growth 5Y13.72%
Sales Q2Q%-10.29%
3.2 Future
- Based on estimates for the next years, E0P will show a small growth in Earnings Per Share. The EPS will grow by 5.80% on average per year.
- The Revenue is expected to grow by 2.38% on average over the next years.
EPS Next Y-25.04%
EPS Next 2Y-3.39%
EPS Next 3Y2.91%
EPS Next 5Y5.8%
Revenue Next Year-14.44%
Revenue Next 2Y-2.99%
Revenue Next 3Y1.06%
Revenue Next 5Y2.38%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- 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. E0P.DE Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 13.36, the valuation of E0P can be described as correct.
- Based on the Price/Earnings ratio, E0P is valued cheaper than 93.94% of the companies in the same industry.
- E0P is valuated rather cheaply when we compare the Price/Earnings ratio to 26.46, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 17.84 indicates a rather expensive valuation of E0P.
- Based on the Price/Forward Earnings ratio, E0P is valued cheaper than 83.33% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.65, E0P is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.36 | ||
| Fwd PE | 17.84 |
4.2 Price Multiples
- 74.24% of the companies in the same industry are more expensive than E0P, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of E0P is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 54.49 | ||
| EV/EBITDA | 15.32 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.79
EPS Next 2Y-3.39%
EPS Next 3Y2.91%
5. E0P.DE Dividend Analysis
5.1 Amount
- No dividends for E0P!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
E0P.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:E0P (3/6/2026, 7:00:00 PM)
34.475
-1.05 (-2.96%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)02-03 2026-02-03/amc
Earnings (Next)04-20 2026-04-20/amc
Inst Owners98.34%
Inst Owner ChangeN/A
Ins Owners3.22%
Ins Owner ChangeN/A
Market Cap4.52B
Revenue(TTM)1.47B
Net Income(TTM)172.13M
Analysts66.83
Price Target35.95 (4.28%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)27.98%
Min EPS beat(2)19.68%
Max EPS beat(2)36.27%
EPS beat(4)3
Avg EPS beat(4)14.93%
Min EPS beat(4)-5.07%
Max EPS beat(4)36.27%
EPS beat(8)4
Avg EPS beat(8)5.92%
EPS beat(12)6
Avg EPS beat(12)5.68%
EPS beat(16)10
Avg EPS beat(16)8.88%
Revenue beat(2)1
Avg Revenue beat(2)4.32%
Min Revenue beat(2)-1.18%
Max Revenue beat(2)9.81%
Revenue beat(4)1
Avg Revenue beat(4)1.09%
Min Revenue beat(4)-3.27%
Max Revenue beat(4)9.81%
Revenue beat(8)1
Avg Revenue beat(8)-1.6%
Revenue beat(12)1
Avg Revenue beat(12)-2.77%
Revenue beat(16)5
Avg Revenue beat(16)-1.77%
PT rev (1m)8.04%
PT rev (3m)9%
EPS NQ rev (1m)15.23%
EPS NQ rev (3m)6.5%
EPS NY rev (1m)9.49%
EPS NY rev (3m)4.63%
Revenue NQ rev (1m)11.01%
Revenue NQ rev (3m)8.37%
Revenue NY rev (1m)5.26%
Revenue NY rev (3m)3.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.36 | ||
| Fwd PE | 17.84 | ||
| P/S | 3.55 | ||
| P/FCF | 54.49 | ||
| P/OCF | 38.27 | ||
| P/B | 4.81 | ||
| P/tB | 6.15 | ||
| EV/EBITDA | 15.32 |
EPS(TTM)2.58
EY7.48%
EPS(NY)1.93
Fwd EY5.6%
FCF(TTM)0.63
FCFY1.84%
OCF(TTM)0.9
OCFY2.61%
SpS9.72
BVpS7.17
TBVpS5.61
PEG (NY)N/A
PEG (5Y)0.79
Graham Number20.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.9% | ||
| ROE | 15.84% | ||
| ROCE | 7.67% | ||
| ROIC | 6.5% | ||
| ROICexc | 19.89% | ||
| ROICexgc | 29.36% | ||
| OM | 11.71% | ||
| PM (TTM) | 11.69% | ||
| GM | 47.17% | ||
| FCFM | 6.51% |
ROA(3y)7.01%
ROA(5y)8.18%
ROE(3y)24.26%
ROE(5y)30.94%
ROIC(3y)7.8%
ROIC(5y)10.1%
ROICexc(3y)20.78%
ROICexc(5y)27.69%
ROICexgc(3y)28.64%
ROICexgc(5y)42.83%
ROCE(3y)9.21%
ROCE(5y)11.92%
ROICexgc growth 3Y-25.64%
ROICexgc growth 5YN/A
ROICexc growth 3Y-23.58%
ROICexc growth 5YN/A
OM growth 3Y-14.61%
OM growth 5Y-12.84%
PM growth 3Y-11.83%
PM growth 5Y-7.55%
GM growth 3Y4.39%
GM growth 5Y1.26%
F-Score6
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 12.56 | ||
| Debt/EBITDA | 2.26 | ||
| Cap/Depr | 50.39% | ||
| Cap/Sales | 2.76% | ||
| Interest Coverage | 1347.32 | ||
| Cash Conversion | 53.95% | ||
| Profit Quality | 55.71% | ||
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.84 | ||
| Altman-Z | 2.25 |
F-Score6
WACC10.23%
ROIC/WACC0.64
Cap/Depr(3y)79.82%
Cap/Depr(5y)96.08%
Cap/Sales(3y)3.37%
Cap/Sales(5y)3.18%
Profit Quality(3y)218.99%
Profit Quality(5y)207.74%
High Growth Momentum
Growth
EPS 1Y (TTM)25.74%
EPS 3Y-13.6%
EPS 5Y16.99%
EPS Q2Q%-24.47%
EPS Next Y-25.04%
EPS Next 2Y-3.39%
EPS Next 3Y2.91%
EPS Next 5Y5.8%
Revenue 1Y (TTM)10.72%
Revenue growth 3Y-14.19%
Revenue growth 5Y13.72%
Sales Q2Q%-10.29%
Revenue Next Year-14.44%
Revenue Next 2Y-2.99%
Revenue Next 3Y1.06%
Revenue Next 5Y2.38%
EBIT growth 1Y90.67%
EBIT growth 3Y-26.72%
EBIT growth 5Y-0.88%
EBIT Next Year-8.29%
EBIT Next 3Y6.62%
EBIT Next 5Y10.66%
FCF growth 1Y-80.02%
FCF growth 3Y-48.41%
FCF growth 5Y-13.29%
OCF growth 1Y-73.42%
OCF growth 3Y-43.19%
OCF growth 5Y-8.79%
ENPHASE ENERGY INC / E0P.DE FAQ
Can you provide the ChartMill fundamental rating for ENPHASE ENERGY INC?
ChartMill assigns a fundamental rating of 4 / 10 to E0P.DE.
What is the valuation status of ENPHASE ENERGY INC (E0P.DE) stock?
ChartMill assigns a valuation rating of 4 / 10 to ENPHASE ENERGY INC (E0P.DE). This can be considered as Fairly Valued.
Can you provide the profitability details for ENPHASE ENERGY INC?
ENPHASE ENERGY INC (E0P.DE) 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 (E0P.DE) is 13.36 and the Price/Book (PB) ratio is 4.81.
What is the expected EPS growth for ENPHASE ENERGY INC (E0P.DE) stock?
The Earnings per Share (EPS) of ENPHASE ENERGY INC (E0P.DE) is expected to decline by -25.04% in the next year.