ENPHASE ENERGY INC (E0P.DE) Stock Fundamental Analysis

Europe • Frankfurt Stock Exchange • FRA:E0P • US29355A1079

43.16 EUR
+11.73 (+37.34%)
Last: Feb 4, 2026, 07:00 PM
Fundamental Rating

4

Taking everything into account, E0P scores 4 out of 10 in our fundamental rating. E0P was compared to 63 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 decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

4

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.
  • Each year in the past 5 years E0P had a positive operating cash flow.
E0P.DE Yearly Net Income VS EBIT VS OCF VS FCFE0P.DE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 5.89%, E0P is in line with its industry, outperforming 44.44% of the companies in the same industry.
  • With a decent Return On Equity value of 19.66%, E0P is doing good in the industry, outperforming 60.32% of the companies in the same industry.
  • E0P's Return On Invested Capital of 8.61% is in line compared to the rest of the industry. E0P outperforms 49.21% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for E0P is below the industry average of 15.01%.
Industry RankSector Rank
ROA 5.89%
ROE 19.66%
ROIC 8.61%
ROA(3y)9.67%
ROA(5y)9.44%
ROE(3y)35.03%
ROE(5y)33.31%
ROIC(3y)10.89%
ROIC(5y)13.62%
E0P.DE Yearly ROA, ROE, ROICE0P.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -1K -2K -3K -4K -5K

1.3 Margins

  • E0P has a Profit Margin (12.93%) which is in line with its industry peers.
  • E0P's Profit Margin has declined in the last couple of years.
  • Looking at the Operating Margin, with a value of 14.31%, E0P is in line with its industry, outperforming 42.86% of the companies in the same industry.
  • E0P's Operating Margin has declined in the last couple of years.
  • E0P has a Gross Margin (49.11%) which is in line with its industry peers.
  • In the last couple of years the Gross Margin of E0P has grown nicely.
Industry RankSector Rank
OM 14.31%
PM (TTM) 12.93%
GM 49.11%
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%
E0P.DE Yearly Profit, Operating, Gross MarginsE0P.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

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
  • Compared to 1 year ago, E0P has a worse debt to assets ratio.
E0P.DE Yearly Shares OutstandingE0P.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
E0P.DE Yearly Total Debt VS Total AssetsE0P.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

  • An Altman-Z score of 2.73 indicates that E0P is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • With a Altman-Z score value of 2.73, E0P is not doing good in the industry: 74.60% of the companies in the same industry are doing better.
  • The Debt to FCF ratio of E0P is 5.54, which is a neutral value as it means it would take E0P, 5.54 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of E0P (5.54) is worse than 63.49% of its industry peers.
  • A Debt/Equity ratio of 0.57 indicates that E0P is somewhat dependend on debt financing.
  • E0P has a worse Debt to Equity ratio (0.57) than 77.78% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.57
Debt/FCF 5.54
Altman-Z 2.73
ROIC/WACC0.86
WACC10%
E0P.DE Yearly LT Debt VS Equity VS FCFE0P.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B

2.3 Liquidity

  • E0P has a Current Ratio of 2.04. This indicates that E0P is financially healthy and has no problem in meeting its short term obligations.
  • With a Current ratio value of 2.04, E0P is not doing good in the industry: 65.08% of the companies in the same industry are doing better.
  • E0P has a Quick Ratio of 1.88. This is a normal value and indicates that E0P is financially healthy and should not expect problems in meeting its short term obligations.
  • E0P's Quick ratio of 1.88 is fine compared to the rest of the industry. E0P outperforms 68.25% of its industry peers.
Industry RankSector Rank
Current Ratio 2.04
Quick Ratio 1.88
E0P.DE Yearly Current Assets VS Current LiabilitesE0P.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • E0P shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 62.94%, which is quite impressive.
  • 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.
  • E0P shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.97%.
  • 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)62.94%
EPS 3Y-0.69%
EPS 5Y20.06%
EPS Q2Q%38.46%
Revenue 1Y (TTM)20.97%
Revenue growth 3Y-1.26%
Revenue growth 5Y16.34%
Sales Q2Q%7.76%

3.2 Future

  • The Earnings Per Share is expected to grow by 7.78% on average over the next years.
  • E0P is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.65% yearly.
EPS Next Y18.22%
EPS Next 2Y-6.7%
EPS Next 3Y4.54%
EPS Next 5Y7.78%
Revenue Next Year10.41%
Revenue Next 2Y-5.23%
Revenue Next 3Y-0.17%
Revenue Next 5Y2.65%

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.
E0P.DE Yearly Revenue VS EstimatesE0P.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 500M 1B 1.5B 2B
E0P.DE Yearly EPS VS EstimatesE0P.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 1 -1 2 3 4

More info and screens

Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 15.87 indicates a correct valuation of E0P.
  • 88.89% of the companies in the same industry are more expensive than E0P, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 28.25. E0P is valued slightly cheaper when compared to this.
  • The Price/Forward Earnings ratio is 24.73, which indicates a rather expensive current valuation of E0P.
  • The rest of the industry has a similar Price/Forward Earnings ratio as E0P.
  • The average S&P500 Price/Forward Earnings ratio is at 27.50. E0P is around the same levels.
Industry RankSector Rank
PE 15.87
Fwd PE 24.73
E0P.DE Price Earnings VS Forward Price EarningsE0P.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, E0P is valued a bit cheaper than the industry average as 61.90% of the companies are valued more expensively.
  • E0P's Price/Free Cash Flow ratio is rather cheap when compared to the industry. E0P is cheaper than 84.13% of the companies in the same industry.
Industry RankSector Rank
P/FCF 30.72
EV/EBITDA 17.91
E0P.DE Per share dataE0P.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

  • E0P's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.87
PEG (5Y)0.79
EPS Next 2Y-6.7%
EPS Next 3Y4.54%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for E0P!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

ENPHASE ENERGY INC

FRA:E0P (2/4/2026, 7:00:00 PM)

43.16

+11.73 (+37.34%)

Chartmill FA Rating
GICS IndustryGroupSemiconductors & Semiconductor Equipment
GICS IndustrySemiconductors & Semiconductor Equipment
Earnings (Last)10-28
Earnings (Next)02-03
Inst Owners95.36%
Inst Owner ChangeN/A
Ins Owners3.12%
Ins Owner ChangeN/A
Market Cap5.65B
Revenue(TTM)1.51B
Net Income(TTM)195.58M
Analysts57.44
Price Target33.63 (-22.08%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector 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)22.55%
Min EPS beat(2)8.83%
Max EPS beat(2)36.27%
EPS beat(4)3
Avg EPS beat(4)16.84%
Min EPS beat(4)-5.07%
Max EPS beat(4)36.27%
EPS beat(8)3
Avg EPS beat(8)2.95%
EPS beat(12)6
Avg EPS beat(12)5.62%
EPS beat(16)10
Avg EPS beat(16)9.13%
Revenue beat(2)1
Avg Revenue beat(2)4.4%
Min Revenue beat(2)-1.01%
Max Revenue beat(2)9.81%
Revenue beat(4)1
Avg Revenue beat(4)1.22%
Min Revenue beat(4)-3.27%
Max Revenue beat(4)9.81%
Revenue beat(8)1
Avg Revenue beat(8)-2.64%
Revenue beat(12)2
Avg Revenue beat(12)-2.62%
Revenue beat(16)6
Avg Revenue beat(16)-1.57%
PT rev (1m)0.75%
PT rev (3m)-7.05%
EPS NQ rev (1m)-1.02%
EPS NQ rev (3m)-19.41%
EPS NY rev (1m)-0.12%
EPS NY rev (3m)2.18%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)-11.47%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)-0.6%
Valuation
Industry RankSector Rank
PE 15.87
Fwd PE 24.73
P/S 4.41
P/FCF 30.72
P/OCF 26.05
P/B 6.71
P/tB 8.86
EV/EBITDA 17.91
EPS(TTM)2.72
EY6.3%
EPS(NY)1.75
Fwd EY4.04%
FCF(TTM)1.4
FCFY3.25%
OCF(TTM)1.66
OCFY3.84%
SpS9.78
BVpS6.43
TBVpS4.87
PEG (NY)0.87
PEG (5Y)0.79
Graham Number19.84
Profitability
Industry RankSector Rank
ROA 5.89%
ROE 19.66%
ROCE 10.07%
ROIC 8.61%
ROICexc 27.56%
ROICexgc 43.07%
OM 14.31%
PM (TTM) 12.93%
GM 49.11%
FCFM 14.37%
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%
ROICexgc growth 3Y-41.75%
ROICexgc 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-Score8
Asset Turnover0.46
Health
Industry RankSector Rank
Debt/Equity 0.57
Debt/FCF 5.54
Debt/EBITDA 1.92
Cap/Depr 48.17%
Cap/Sales 2.58%
Interest Coverage 250
Cash Conversion 86.18%
Profit Quality 111.1%
Current Ratio 2.04
Quick Ratio 1.88
Altman-Z 2.73
F-Score8
WACC10%
ROIC/WACC0.86
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)62.94%
EPS 3Y-0.69%
EPS 5Y20.06%
EPS Q2Q%38.46%
EPS Next Y18.22%
EPS Next 2Y-6.7%
EPS Next 3Y4.54%
EPS Next 5Y7.78%
Revenue 1Y (TTM)20.97%
Revenue growth 3Y-1.26%
Revenue growth 5Y16.34%
Sales Q2Q%7.76%
Revenue Next Year10.41%
Revenue Next 2Y-5.23%
Revenue Next 3Y-0.17%
Revenue Next 5Y2.65%
EBIT growth 1Y602.21%
EBIT growth 3Y-25.72%
EBIT growth 5Y-3%
EBIT Next Year61.15%
EBIT Next 3Y12.98%
EBIT Next 5Y12.39%
FCF growth 1Y-73.12%
FCF growth 3Y17.03%
FCF growth 5Y31.03%
OCF growth 1Y-71.99%
OCF growth 3Y13.43%
OCF growth 5Y29.86%

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 5 / 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 15.87 and the Price/Book (PB) ratio is 6.71.


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 grow by 18.22% in the next year.