Enphase Energy Statistics
Total Valuation
Enphase Energy has a market cap or net worth of $15.55 billion. The enterprise value is $15.22 billion.
| Market Cap | 15.55B |
| Enterprise Value | 15.22B |
Important Dates
The last earnings date was Tuesday, April 23, 2024, after market close.
| Earnings Date | Apr 23, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Enphase Energy has 136.06 million shares outstanding. The number of shares has decreased by -6.92% in one year.
| Shares Outstanding | 136.06M |
| Shares Change (YoY) | -6.92% |
| Shares Change (QoQ) | -1.47% |
| Owned by Insiders (%) | 3.30% |
| Owned by Institutions (%) | 81.12% |
| Float | 131.40M |
Valuation Ratios
The trailing PE ratio is 59.23 and the forward PE ratio is 30.15. Enphase Energy's PEG ratio is 1.75.
| PE Ratio | 59.23 |
| Forward PE | 30.15 |
| PS Ratio | 8.51 |
| Forward PS | 8.71 |
| PB Ratio | 16.86 |
| P/FCF Ratio | 38.46 |
| PEG Ratio | 1.75 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 37.14, with an EV/FCF ratio of 37.63.
| EV / Earnings | 55.16 |
| EV / Sales | 8.33 |
| EV / EBITDA | 37.14 |
| EV / EBIT | 45.91 |
| EV / FCF | 37.63 |
Financial Position
The company has a current ratio of 4.16, with a Debt / Equity ratio of 1.40.
| Current Ratio | 4.16 |
| Quick Ratio | 3.60 |
| Debt / Equity | 1.40 |
| Debt / EBITDA | 3.16 |
| Debt / FCF | 3.20 |
| Interest Coverage | 37.34 |
Financial Efficiency
Return on equity (ROE) is 28.40% and return on invested capital (ROIC) is 9.60%.
| Return on Equity (ROE) | 28.40% |
| Return on Assets (ROA) | 8.10% |
| Return on Capital (ROIC) | 9.60% |
| Revenue Per Employee | $579,065 |
| Profits Per Employee | $87,414 |
| Employee Count | 3,157 |
| Asset Turnover | 0.54 |
| Inventory Turnover | 5.47 |
Taxes
In the past 12 months, Enphase Energy has paid $46.70 million in taxes.
| Income Tax | 46.70M |
| Effective Tax Rate | 14.47% |
Stock Price Statistics
The stock price has decreased by -30.18% in the last 52 weeks. The beta is 1.49, so Enphase Energy's price volatility has been higher than the market average.
| Beta (1Y) | 1.49 |
| 52-Week Price Change | -30.18% |
| 50-Day Moving Average | 114.13 |
| 200-Day Moving Average | 114.88 |
| Relative Strength Index (RSI) | 51.48 |
| Average Volume (30 Days) | 3,697,528 |
Short Selling Information
The latest short interest is 11.23 million, so 8.25% of the outstanding shares have been sold short.
| Short Interest | 11.23M |
| Short Previous Month | 11.44M |
| Short % of Shares Out | 8.25% |
| Short % of Float | 8.54% |
| Short Ratio (days to cover) | 2.68 |
Income Statement
In the last 12 months, Enphase Energy had revenue of $1.83 billion and earned $275.97 million in profits. Earnings per share was $1.93.
| Revenue | 1.83B |
| Gross Profit | 847.53M |
| Operating Income | 248.98M |
| Pretax Income | 322.67M |
| Net Income | 275.97M |
| EBITDA | 409.80M |
| EBIT | 331.55M |
| Earnings Per Share (EPS) | $1.93 |
Balance Sheet
The company has $1.63 billion in cash and $1.30 billion in debt, giving a net cash position of $333.73 million or $2.45 per share.
| Cash & Cash Equivalents | 1.63B |
| Total Debt | 1.30B |
| Net Cash | 333.73M |
| Net Cash Per Share | $2.45 |
| Equity / Book Value | 922.72M |
| Book Value Per Share | 6.78 |
| Working Capital | 1.75B |
Cash Flow
In the last 12 months, operating cash flow was $499.75 million and capital expenditures -$95.30 million, giving a free cash flow of $404.45 million.
| Operating Cash Flow | 499.75M |
| Capital Expenditures | -95.30M |
| Free Cash Flow | 404.45M |
| FCF Per Share | $2.98 |
Margins
Gross margin is 46.36%, with operating and profit margins of 13.62% and 15.10%.
| Gross Margin | 46.36% |
| Operating Margin | 13.62% |
| Pretax Margin | 17.65% |
| Profit Margin | 15.10% |
| EBITDA Margin | 22.42% |
| EBIT Margin | 18.14% |
| FCF Margin | 22.12% |
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 | 6.92% |
| Shareholder Yield | 6.92% |
| Earnings Yield | 1.77% |
| FCF Yield | 2.60% |
Analyst Forecast
The average price target for Enphase Energy is $135.31, which is 18.36% higher than the current price. The consensus rating is "Buy".
| Price Target | $135.31 |
| Price Target Difference | 18.36% |
| Analyst Consensus | Buy |
| Analyst Count | 32 |
| Revenue Growth Forecast (5Y) | 10.62% |
| EPS Growth Forecast (5Y) | 25.31% |
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 8.
| Altman Z-Score | 5.59 |
| Piotroski F-Score | 8 |