Enphase Energy, Inc. (ENPH)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 774 | 1,382 | 2,331 | 2,291 | 1,330 | 1,473 | 1,329 | 1,185 |
| Operating profit | $m | 165 | 110 | ||||||
| Net profit | $m | 134 | 145 | 397 | 439 | 103 | 172 | 134 | 265 |
| EPS reported | $ | 1.29 | 1.00 | ||||||
| Operating cashflow per share | $ | 1.04 | 1.55 | ||||||
| Capex per share | $ | 0.31 | 0.40 | ||||||
| FCF per share | $ | 0.73 | 1.16 | ||||||
| Free cash flow | $m | 96 | 153 | ||||||
| Net debt | $m | -300 | -363 | ||||||
| Book value equity | $m | 1,087 | 1,182 | ||||||
| Book value per share | $ | 8.06 | 8.90 | ||||||
| Number of shares | m | 134.89 | 132.79 | ||||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 24.84 | 32.40 | ||||||
| P/B LTM | x | 3.87 | 3.56 | ||||||
| P/S LTM | x | 2.85 | 3.16 | ||||||
| P/FCF LTM | x | 43.83 | 27.54 | ||||||
| EV/EBITDA LTM | x | 17.15 | 27.96 | ||||||
| EV/Sales LTM | x | 3.38 | 4.09 | ||||||
| Earnings Yield LTM | % | +4.03% | +3.09% | ||||||
| FCF Yield | % | +2.28% | +3.63% | ||||||
| Quality | |||||||||
| ROE | % | +15.84% | +12.28% | ||||||
| ROIC | % | +4.79% | +3.80% | ||||||
| Operating margin | % | +11.18% | +8.27% | ||||||
| Gross margin | % | +46.64% | +46.95% | ||||||
| FCF/Sales | % | +6.51% | +11.49% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +72.00% | +33.33% | ||||||
| Sales Growth YoY | % | +10.72% | -0.14% | ||||||
| Net Income Growth YoY | % | +67.68% | +30.55% | ||||||
| FCF Growth | % | -80.02% | -68.21% | ||||||
| Operating Profit Growth | % | +113.03% | +42.10% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 0.00% | 0.00% | ||||||
| Dividend Growth | % | - | - | ||||||
| Payout Ratio | % | 0.00% | 0.00% | ||||||
| FCF/Debt | x | 0.08 | 0.25 | ||||||
| Net Debt/EBITDA | x | 2.65 | 0.47 | ||||||
| EBIT/Net interest | x | 36.42 | 157.13 | ||||||
| Net debt/market cap | % | +28.85% | +10.71% | ||||||
| Net debt/Equity | x | -0.28 | -0.31 | ||||||
| Gross debt/equity | x | 1.14 | 0.52 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Enphase Energy, Inc., along with its subsidiaries, is dedicated to developing, manufacturing, and distributing home energy solutions for the global solar photovoltaic industry. Their core offering is a semiconductor-based microinverter, designed to convert energy at the individual solar module level. This technology seamlessly integrates with their proprietary networking and software, providing advanced energy monitoring and control capabilities. The company's product portfolio also includes AC battery storage systems, the Envoy communications gateway, the cloud-based Enlighten monitoring service, and various related accessories. Enphase sells its offerings through multiple channels, reaching solar distributors, large installers directly, original equipment manufacturers (OEMs), strategic partners, and individual homeowners, as well as through its legacy product upgrade program and online store. Established in 2006, Enphase Energy, Inc. is headquartered in Fremont, California.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Enphase Energy, Inc., along with its subsidiaries, is dedicated to developing, manufacturing, and distributing home energy solutions for the global solar photovoltaic industry. Their core offering is a semiconductor-based microinverter, designed to convert energy at the individual solar module level. This technology seamlessly integrates with their proprietary networking and software, providing advanced energy monitoring and control capabilities. The company's product portfolio also includes AC battery storage systems, the Envoy communications gateway, the cloud-based Enlighten monitoring service, and various related accessories. Enphase sells its offerings through multiple channels, reaching solar distributors, large installers directly, original equipment manufacturers (OEMs), strategic partners, and individual homeowners, as well as through its legacy product upgrade program and online store. Established in 2006, Enphase Energy, Inc. is headquartered in Fremont, California.
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