ENPHASE ENERGY INC (E0P.DE) Stock Fundamental Analysis
FRA:E0P - Deutsche Boerse Ag - US29355A1079 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to E0P. E0P was compared to 56 industry peers in the Semiconductors & Semiconductor Equipment industry. E0P has an average financial health and profitability rating. E0P is quite expensive at the moment. It does show a decent growth rate.
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.
Each year in the past 5 years E0P has been profitable.
E0P had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
E0P has a Return On Assets of 1.88%. This is amonst the worse of the industry: E0P underperforms 80.36% of its industry peers.
With a Return On Equity value of 6.59%, E0P is not doing good in the industry: 73.21% of the companies in the same industry are doing better.
E0P's Return On Invested Capital of 0.99% is on the low side compared to the rest of the industry. E0P is outperformed by 80.36% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for E0P is below the industry average of 16.97%.
The 3 year average ROIC (13.93%) for E0P is well above the current ROIC(0.99%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.88% | ||
| ROE | 6.59% | ||
| ROIC | 0.99% |
ROA(3y)10.95%
ROA(5y)13.32%
ROE(3y)42.19%
ROE(5y)42.69%
ROIC(3y)13.93%
ROIC(5y)16.76%
1.3 Margins
E0P's Profit Margin of 4.91% is on the low side compared to the rest of the industry. E0P is outperformed by 80.36% of its industry peers.
E0P's Profit Margin has improved in the last couple of years.
The Operating Margin of E0P (2.47%) is worse than 82.14% of its industry peers.
In the last couple of years the Operating Margin of E0P has grown nicely.
E0P has a Gross Margin (46.19%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of E0P has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.47% | ||
| PM (TTM) | 4.91% | ||
| GM | 46.19% |
OM growth 3Y-5.77%
OM growth 5Y62.05%
PM growth 3Y3.46%
PM growth 5YN/A
GM growth 3Y1.12%
GM growth 5Y9.13%
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.
Compared to 1 year ago, E0P has less shares outstanding
The number of shares outstanding for E0P has been increased compared to 5 years ago.
The debt/assets ratio for E0P has been reduced compared to a year ago.
2.2 Solvency
E0P has an Altman-Z score of 3.34. This indicates that E0P is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of E0P (3.34) is comparable to the rest of the industry.
E0P has a debt to FCF ratio of 3.87. This is a good value and a sign of high solvency as E0P would need 3.87 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.87, E0P is doing worse than 62.50% of the companies in the same industry.
E0P has a Debt/Equity ratio of 1.29. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of E0P (1.29) is worse than 91.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 3.87 | ||
| Altman-Z | 3.34 |
ROIC/WACC0.07
WACC13.28%
2.3 Liquidity
A Current Ratio of 4.16 indicates that E0P has no problem at all paying its short term obligations.
The Current ratio of E0P (4.16) is better than 91.07% of its industry peers.
E0P has a Quick Ratio of 3.88. This indicates that E0P is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of E0P (3.88) is better than 94.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.16 | ||
| Quick Ratio | 3.88 |
3. Growth
3.1 Past
The earnings per share for E0P have decreased strongly by -63.31% in the last year.
E0P shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 117.69% yearly.
Looking at the last year, E0P shows a very negative growth in Revenue. The Revenue has decreased by -53.91% in the last year.
E0P shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 48.60% yearly.
EPS 1Y (TTM)-63.31%
EPS 3Y47.9%
EPS 5Y117.69%
EPS Q2Q%-36.27%
Revenue 1Y (TTM)-53.91%
Revenue growth 3Y43.55%
Revenue growth 5Y48.6%
Sales Q2Q%-30.89%
3.2 Future
Based on estimates for the next years, E0P will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.33% on average per year.
The Revenue is expected to grow by 4.28% on average over the next years.
EPS Next Y-51.78%
EPS Next 2Y-10.05%
EPS Next 3Y1.18%
EPS Next 5Y10.33%
Revenue Next Year-42.6%
Revenue Next 2Y-14.76%
Revenue Next 3Y-4.81%
Revenue Next 5Y4.28%
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.
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
Based on the Price/Earnings ratio of 33.75, the valuation of E0P can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as E0P.
The average S&P500 Price/Earnings ratio is at 28.58. E0P is around the same levels.
E0P is valuated rather expensively with a Price/Forward Earnings ratio of 18.72.
Compared to the rest of the industry, the Price/Forward Earnings ratio of E0P is on the same level as its industry peers.
E0P's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 95.03.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.75 | ||
| Fwd PE | 18.72 |
4.2 Price Multiples
E0P's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. E0P is more expensive than 89.29% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of E0P indicates a somewhat cheap valuation: E0P is cheaper than 73.21% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.77 | ||
| EV/EBITDA | 62.53 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.29
EPS Next 2Y-10.05%
EPS Next 3Y1.18%
5. Dividend
5.1 Amount
E0P does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
ENPHASE ENERGY INC
FRA:E0P (2/4/2025, 7:00:00 PM)
64.47
+3.37 (+5.52%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)
Earnings (Next)
Inst Owners87.91%
Inst Owner ChangeN/A
Ins Owners3.21%
Ins Owner ChangeN/A
Market Cap8.71B
Analysts68.09
Price Target84.18 (30.57%)
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)0
Avg EPS beat(2)-14.22%
Min EPS beat(2)-16.87%
Max EPS beat(2)-11.56%
EPS beat(4)0
Avg EPS beat(4)-10.94%
Min EPS beat(4)-16.87%
Max EPS beat(4)-4.09%
EPS beat(8)3
Avg EPS beat(8)0.01%
EPS beat(12)7
Avg EPS beat(12)6.56%
EPS beat(16)11
Avg EPS beat(16)10.52%
Revenue beat(2)0
Avg Revenue beat(2)-4.38%
Min Revenue beat(2)-4.77%
Max Revenue beat(2)-3.99%
Revenue beat(4)0
Avg Revenue beat(4)-6.51%
Min Revenue beat(4)-9.54%
Max Revenue beat(4)-3.99%
Revenue beat(8)1
Avg Revenue beat(8)-4.54%
Revenue beat(12)5
Avg Revenue beat(12)-2.5%
Revenue beat(16)8
Avg Revenue beat(16)-1.69%
PT rev (1m)-7.25%
PT rev (3m)-27.06%
EPS NQ rev (1m)-2.26%
EPS NQ rev (3m)-5.02%
EPS NY rev (1m)-1.23%
EPS NY rev (3m)-18.77%
Revenue NQ rev (1m)-0.43%
Revenue NQ rev (3m)-1.89%
Revenue NY rev (1m)-0.37%
Revenue NY rev (3m)-5.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.75 | ||
| Fwd PE | 18.72 | ||
| P/S | 7.2 | ||
| P/FCF | 26.77 | ||
| P/OCF | 23.57 | ||
| P/B | 9.67 | ||
| P/tB | 13.52 | ||
| EV/EBITDA | 62.53 |
EPS(TTM)1.91
EY2.96%
EPS(NY)3.44
Fwd EY5.34%
FCF(TTM)2.41
FCFY3.74%
OCF(TTM)2.73
OCFY4.24%
SpS8.95
BVpS6.67
TBVpS4.77
PEG (NY)N/A
PEG (5Y)0.29
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.88% | ||
| ROE | 6.59% | ||
| ROCE | 1.14% | ||
| ROIC | 0.99% | ||
| ROICexc | 2.87% | ||
| ROICexgc | 4.02% | ||
| OM | 2.47% | ||
| PM (TTM) | 4.91% | ||
| GM | 46.19% | ||
| FCFM | 26.89% |
ROA(3y)10.95%
ROA(5y)13.32%
ROE(3y)42.19%
ROE(5y)42.69%
ROIC(3y)13.93%
ROIC(5y)16.76%
ROICexc(3y)37.51%
ROICexc(5y)N/A
ROICexgc(3y)59.03%
ROICexgc(5y)N/A
ROCE(3y)16.06%
ROCE(5y)19.33%
ROICexcg growth 3YN/A
ROICexcg growth 5Y19.62%
ROICexc growth 3YN/A
ROICexc growth 5Y43.38%
OM growth 3Y-5.77%
OM growth 5Y62.05%
PM growth 3Y3.46%
PM growth 5YN/A
GM growth 3Y1.12%
GM growth 5Y9.13%
F-Score6
Asset Turnover0.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.29 | ||
| Debt/FCF | 3.87 | ||
| Debt/EBITDA | 10.68 | ||
| Cap/Depr | 55.98% | ||
| Cap/Sales | 3.65% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 339.88% | ||
| Profit Quality | 547.47% | ||
| Current Ratio | 4.16 | ||
| Quick Ratio | 3.88 | ||
| Altman-Z | 3.34 |
F-Score6
WACC13.28%
ROIC/WACC0.07
Cap/Depr(3y)129.57%
Cap/Depr(5y)121.5%
Cap/Sales(3y)3.54%
Cap/Sales(5y)3.13%
Profit Quality(3y)171.77%
Profit Quality(5y)147.7%
High Growth Momentum
Growth
EPS 1Y (TTM)-63.31%
EPS 3Y47.9%
EPS 5Y117.69%
EPS Q2Q%-36.27%
EPS Next Y-51.78%
EPS Next 2Y-10.05%
EPS Next 3Y1.18%
EPS Next 5Y10.33%
Revenue 1Y (TTM)-53.91%
Revenue growth 3Y43.55%
Revenue growth 5Y48.6%
Sales Q2Q%-30.89%
Revenue Next Year-42.6%
Revenue Next 2Y-14.76%
Revenue Next 3Y-4.81%
Revenue Next 5Y4.28%
EBIT growth 1Y-94.99%
EBIT growth 3Y35.28%
EBIT growth 5Y140.79%
EBIT Next Year-28.82%
EBIT Next 3Y13.09%
EBIT Next 5Y15.77%
FCF growth 1Y-38.3%
FCF growth 3Y44.17%
FCF growth 5Y118.04%
OCF growth 1Y-35.08%
OCF growth 3Y47.69%
OCF growth 5Y112.45%