ENPHASE ENERGY INC (E0P.DE) Stock Fundamental Analysis
FRA:E0P - Deutsche Boerse Ag - US29355A1079 - Common Stock - Currency: EUR
E0P gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 51 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
E0P had positive earnings in the past year.
E0P had a positive operating cash flow in the past year.
E0P had positive earnings in each of the past 5 years.
E0P had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.78%, E0P is doing worse than 64.71% of the companies in the same industry.
E0P's Return On Equity of 18.32% is fine compared to the rest of the industry. E0P outperforms 66.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.71%, E0P is doing worse than 62.75% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for E0P is below the industry average of 15.12%.
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's Profit Margin of 10.43% is in line compared to the rest of the industry. E0P outperforms 41.18% of its industry peers.
In the last couple of years the Profit Margin of E0P has declined.
With a Operating Margin value of 10.73%, E0P is not doing good in the industry: 70.59% of the companies in the same industry are doing better.
E0P's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 47.91%, E0P is in line with its industry, outperforming 52.94% of the companies in the same industry.
In the last couple of years the Gross Margin of E0P has grown nicely.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), E0P is creating some value.
E0P has less shares outstanding than it did 1 year ago.
The number of shares outstanding for E0P has been increased compared to 5 years ago.
The debt/assets ratio for E0P is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.36 indicates that E0P is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.36, E0P is doing worse than 76.47% of the companies in the same industry.
The Debt to FCF ratio of E0P is 2.55, which is a good value as it means it would take E0P, 2.55 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of E0P (2.55) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.70 indicates that E0P is somewhat dependend on debt financing.
E0P has a worse Debt to Equity ratio (0.70) than 80.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.7 | ||
| Debt/FCF | 2.55 | ||
| Altman-Z | 2.36 |
ROIC/WACC0.65
WACC10.37%
2.3 Liquidity
A Current Ratio of 1.90 indicates that E0P should not have too much problems paying its short term obligations.
With a Current ratio value of 1.90, E0P is not doing good in the industry: 68.63% 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.
The Quick ratio of E0P (1.77) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.77 |
3. Growth
3.1 Past
The earnings per share for E0P have decreased strongly by -20.12% in the last year.
The Earnings Per Share has been growing by 20.06% on average over the past years. This is a very strong growth
E0P shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -22.15%.
The Revenue has been growing by 16.34% on average over the past years. This is quite good.
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
Based on estimates for the next years, E0P will show a small growth in Earnings Per Share. The EPS will grow by 6.64% on average per year.
The Revenue is expected to grow by 3.15% on average over the next years.
EPS Next Y4.24%
EPS Next 2Y14.79%
EPS Next 3Y15.97%
EPS Next 5Y6.64%
Revenue Next Year10.12%
Revenue Next 2Y9.85%
Revenue Next 3Y10.9%
Revenue Next 5Y3.15%
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.
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
E0P is valuated correctly with a Price/Earnings ratio of 15.55.
Compared to the rest of the industry, the Price/Earnings ratio of E0P indicates a rather cheap valuation: E0P is cheaper than 88.24% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, E0P is valued a bit cheaper.
With a Price/Forward Earnings ratio of 13.47, E0P is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of E0P indicates a somewhat cheap valuation: E0P is cheaper than 78.43% of the companies listed in the same industry.
E0P is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.55 | ||
| Fwd PE | 13.47 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of E0P is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of E0P indicates a rather cheap valuation: E0P is cheaper than 96.08% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.69 | ||
| EV/EBITDA | 18.3 |
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 15.97% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.67
PEG (5Y)0.78
EPS Next 2Y14.79%
EPS Next 3Y15.97%
5. Dividend
5.1 Amount
E0P does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:E0P (7/11/2025, 7:00:00 PM)
35.93
-0.92 (-2.51%)
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 Cap4.71B
Analysts63.72
Price Target46.32 (28.92%)
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)-8.75%
PT rev (3m)-35.55%
EPS NQ rev (1m)0.6%
EPS NQ rev (3m)-21.32%
EPS NY rev (1m)0.21%
EPS NY rev (3m)-25.89%
Revenue NQ rev (1m)-0.4%
Revenue NQ rev (3m)-5.38%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)-5.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.55 | ||
| Fwd PE | 13.47 | ||
| P/S | 3.88 | ||
| P/FCF | 11.69 | ||
| P/OCF | 10.76 | ||
| P/B | 6.81 | ||
| P/tB | 9.84 | ||
| EV/EBITDA | 18.3 |
EPS(TTM)2.31
EY6.43%
EPS(NY)2.67
Fwd EY7.42%
FCF(TTM)3.07
FCFY8.55%
OCF(TTM)3.34
OCFY9.29%
SpS9.26
BVpS5.28
TBVpS3.65
PEG (NY)3.67
PEG (5Y)0.78
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 | 2.36 |
F-Score6
WACC10.37%
ROIC/WACC0.65
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 Y4.24%
EPS Next 2Y14.79%
EPS Next 3Y15.97%
EPS Next 5Y6.64%
Revenue 1Y (TTM)-22.15%
Revenue growth 3Y-1.26%
Revenue growth 5Y16.34%
Sales Q2Q%35.22%
Revenue Next Year10.12%
Revenue Next 2Y9.85%
Revenue Next 3Y10.9%
Revenue Next 5Y3.15%
EBIT growth 1Y-42.56%
EBIT growth 3Y-25.72%
EBIT growth 5Y-3%
EBIT Next Year38.71%
EBIT Next 3Y26.74%
EBIT Next 5Y14.38%
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%