ENPHASE ENERGY INC (E0P.DE) Fundamental Analysis & Valuation
FRA:E0P • US29355A1079
36.845 EUR
+1.84 (+5.26%)
Last: Mar 10, 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.
We assign a fundamental rating of 4 out of 10 to E0P. E0P was compared to 66 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 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.
- 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 4.90%. This is comparable to the rest of the industry: E0P outperforms 42.42% of its industry peers.
- E0P has a Return On Equity of 15.84%. This is comparable to the rest of the industry: E0P outperforms 56.06% of 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.
- In the last couple of years the Profit Margin of E0P has declined.
- E0P has a Operating Margin (11.71%) which is in line with its industry peers.
- 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.
- E0P's Gross Margin has been stable in the last couple of years.
| 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.
- Compared to 1 year ago, E0P has less shares outstanding
- Compared to 5 years ago, E0P has more shares outstanding
- E0P has a better debt/assets ratio than last year.
2.2 Solvency
- E0P has an Altman-Z score of 2.27. 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.
- E0P's Altman-Z score of 2.27 is on the low side compared to the rest of the industry. E0P is outperformed by 74.24% of its industry peers.
- E0P has a debt to FCF ratio of 12.56. This is a negative value and a sign of low solvency as E0P would need 12.56 years to pay back of all of its debts.
- E0P has a worse Debt to FCF ratio (12.56) than 68.18% of its industry peers.
- A Debt/Equity ratio of 0.53 indicates that E0P is somewhat dependend on debt financing.
- E0P has a worse Debt to Equity ratio (0.53) than 74.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 12.56 | ||
| Altman-Z | 2.27 |
ROIC/WACC0.63
WACC10.28%
2.3 Liquidity
- A Current Ratio of 2.07 indicates that E0P has no problem at all paying its short term obligations.
- Looking at the Current ratio, with a value of 2.07, E0P is doing worse than 63.64% of the companies in the same industry.
- 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.
- E0P has a Quick ratio of 1.84. This is comparable to the rest of the industry: E0P outperforms 59.09% of its industry peers.
| 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.
- The Earnings Per Share has been growing by 16.99% on average over the past years. This is quite good.
- E0P shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.72%.
- Measured over the past years, E0P shows a quite strong growth in Revenue. The Revenue has been growing by 13.72% on average per year.
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
- The Earnings Per Share is expected to grow by 5.80% on average over the next years.
- Based on estimates for the next years, E0P will show a small growth in Revenue. The Revenue will grow by 2.38% on average per year.
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 14.28, the valuation of E0P can be described as correct.
- Based on the Price/Earnings ratio, E0P is valued cheaply inside the industry as 95.45% of the companies are valued more expensively.
- When comparing the Price/Earnings ratio of E0P to the average of the S&P500 Index (26.25), we can say E0P is valued slightly cheaper.
- E0P is valuated rather expensively with a Price/Forward Earnings ratio of 19.06.
- Based on the Price/Forward Earnings ratio, E0P is valued cheaper than 83.33% of the companies in the same industry.
- E0P is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.39, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.28 | ||
| Fwd PE | 19.06 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, E0P is valued a bit cheaper than the industry average as 74.24% of the companies are valued more expensively.
- E0P's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 58.2 | ||
| EV/EBITDA | 15.63 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.84
EPS Next 2Y-3.39%
EPS Next 3Y2.91%
5. E0P.DE Dividend Analysis
5.1 Amount
- E0P does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
E0P.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:E0P (3/10/2026, 7:00:00 PM)
36.845
+1.84 (+5.26%)
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 Cap4.83B
Revenue(TTM)1.47B
Net Income(TTM)172.13M
Analysts66.83
Price Target35.95 (-2.43%)
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 | 14.28 | ||
| Fwd PE | 19.06 | ||
| P/S | 3.79 | ||
| P/FCF | 58.2 | ||
| P/OCF | 40.88 | ||
| P/B | 5.13 | ||
| P/tB | 6.57 | ||
| EV/EBITDA | 15.63 |
EPS(TTM)2.58
EY7%
EPS(NY)1.93
Fwd EY5.25%
FCF(TTM)0.63
FCFY1.72%
OCF(TTM)0.9
OCFY2.45%
SpS9.72
BVpS7.18
TBVpS5.61
PEG (NY)N/A
PEG (5Y)0.84
Graham Number20.41
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 | 2.27 |
F-Score6
WACC10.28%
ROIC/WACC0.63
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 14.28 and the Price/Book (PB) ratio is 5.13.
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.