Enphase Energy Statistics
Total Valuation
Enphase Energy has a market cap or net worth of $14.86 billion. The enterprise value is $14.42 billion.
| Market Cap | 14.86B |
| Enterprise Value | 14.42B |
Important Dates
The next confirmed earnings date is Tuesday, April 23, 2024, after market close.
| Earnings Date | Apr 23, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Enphase Energy has 135.76 million shares outstanding. The number of shares has decreased by -0.76% in one year.
| Shares Outstanding | 135.76M |
| Shares Change (YoY) | -0.76% |
| Shares Change (QoQ) | -4.13% |
| Owned by Insiders (%) | 3.40% |
| Owned by Institutions (%) | 80.13% |
| Float | 131.03M |
Valuation Ratios
The trailing PE ratio is 35.44 and the forward PE ratio is 32.53. Enphase Energy's PEG ratio is 1.75.
| PE Ratio | 35.44 |
| Forward PE | 32.53 |
| PS Ratio | 6.47 |
| Forward PS | 9.00 |
| PB Ratio | 15.07 |
| P/FCF Ratio | 25.28 |
| PEG Ratio | 1.75 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 24.17, with an EV/FCF ratio of 24.59.
| EV / Earnings | 32.85 |
| EV / Sales | 6.29 |
| EV / EBITDA | 24.17 |
| EV / EBIT | 27.62 |
| EV / FCF | 24.59 |
Financial Position
The company has a current ratio of 4.59, with a Debt / Equity ratio of 1.32.
| Current Ratio | 4.59 |
| Quick Ratio | 4.02 |
| Debt / Equity | 1.32 |
| Debt / EBITDA | 2.17 |
| Debt / FCF | 2.21 |
| Interest Coverage | 59.05 |
Financial Efficiency
Return on equity (ROE) is 44.60% and return on invested capital (ROIC) is 16.74%.
| Return on Equity (ROE) | 44.60% |
| Return on Assets (ROA) | 12.70% |
| Return on Capital (ROIC) | 16.74% |
| Revenue Per Employee | $725,621 |
| Profits Per Employee | $139,036 |
| Employee Count | 3,157 |
| Asset Turnover | 0.67 |
| Inventory Turnover | 6.78 |
Taxes
In the past 12 months, Enphase Energy has paid $74.20 million in taxes.
| Income Tax | 74.20M |
| Effective Tax Rate | 14.46% |
Stock Price Statistics
The stock price has decreased by -52.09% in the last 52 weeks. The beta is 1.46, so Enphase Energy's price volatility has been higher than the market average.
| Beta (1Y) | 1.46 |
| 52-Week Price Change | -52.09% |
| 50-Day Moving Average | 119.80 |
| 200-Day Moving Average | 121.14 |
| Relative Strength Index (RSI) | 42.58 |
| Average Volume (30 Days) | 4,085,643 |
Short Selling Information
The latest short interest is 10.19 million, so 7.50% of the outstanding shares have been sold short.
| Short Interest | 10.19M |
| Short Previous Month | 10.02M |
| Short % of Shares Out | 7.50% |
| Short % of Float | 7.77% |
| Short Ratio (days to cover) | 3.04 |
Income Statement
In the last 12 months, Enphase Energy had revenue of $2.29 billion and earned $438.94 million in profits. Earnings per share was $3.08.
| Revenue | 2.29B |
| Gross Profit | 1.06B |
| Operating Income | 445.74M |
| Pretax Income | 513.14M |
| Net Income | 438.94M |
| EBITDA | 596.69M |
| EBIT | 521.98M |
| Earnings Per Share (EPS) | $3.08 |
Balance Sheet
The company has $1.70 billion in cash and $1.29 billion in debt, giving a net cash position of $401.30 million or $2.96 per share.
| Cash & Cash Equivalents | 1.70B |
| Total Debt | 1.29B |
| Net Cash | 401.30M |
| Net Cash Per Share | $2.96 |
| Equity / Book Value | 983.62M |
| Book Value Per Share | 7.25 |
| Working Capital | 1.91B |
Cash Flow
In the last 12 months, operating cash flow was $696.78 million and capital expenditures -$110.40 million, giving a free cash flow of $586.38 million.
| Operating Cash Flow | 696.78M |
| Capital Expenditures | -110.40M |
| Free Cash Flow | 586.38M |
| FCF Per Share | $4.30 |
Margins
Gross margin is 46.20%, with operating and profit margins of 19.46% and 19.16%.
| Gross Margin | 46.20% |
| Operating Margin | 19.46% |
| Pretax Margin | 22.40% |
| Profit Margin | 19.16% |
| EBITDA Margin | 26.05% |
| EBIT Margin | 22.79% |
| FCF Margin | 25.60% |
Dividends & Yields
Enphase Energy does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | 0.76% |
| Shareholder Yield | 0.76% |
| Earnings Yield | 2.96% |
| FCF Yield | 3.96% |
Analyst Forecast
The average price target for Enphase Energy is $153.04, which is 39.82% higher than the current price. The consensus rating is "Buy".
| Price Target | $153.04 |
| Price Target Difference | 39.82% |
| Analyst Consensus | Buy |
| Analyst Count | 32 |
| Revenue Growth Forecast (5Y) | 10.94% |
| EPS Growth Forecast (5Y) | 20.34% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Enphase Energy has an Altman Z-Score of 5.59 and a Piotroski F-Score of 6.
| Altman Z-Score | 5.59 |
| Piotroski F-Score | 6 |