Valuation Enphase Energy, Inc.

Stocks

Real-time Estimate Cboe BZX 11:13:55 2026-10-19 EDT			5-day change	1st Jan Change
30.40 ^USD	-0.70%		-3.72%	-5.40%

10-14	NextEra, First Solar, Enphase Among Clean Tech Firms Facing Q3 Valuation Impact on Higher Rates, Morgan Stanley Says	MT
10-14	Morgan Stanley Adjusts Price Target on Enphase Energy to $24 From $27, Keeps Underweight Rating	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	24,681	36,014	17,988	9,279	4,194	4,046	-	-
Change	-	45.92%	-50.05%	-48.42%	-54.8%	-3.52%	-	-
Enterprise Value (EV) ¹	24,702	35,692	17,587	8,959	3,886	3,435	3,175	2,971
Change	-	44.49%	-50.73%	-49.06%	-56.63%	-11.59%	-7.59%	-6.41%
P/E	179x	95.7x	42.9x	91.6x	24.8x	58x	38.4x	22.8x
PBR	56.9x	43.4x	19.2x	11.5x	3.86x	3.09x	2.62x	2.16x
PEG	-	1x	3.8x	-1.2x	0.3x	-1x	0.8x	0.3x
Capitalization / Revenue	17.9x	15.5x	7.85x	6.97x	2.85x	3.41x	3.34x	2.97x
EV / Revenue	17.9x	15.3x	7.68x	6.73x	2.64x	2.9x	2.62x	2.18x
EV / EBITDA	68.1x	49.3x	23.5x	22.2x	8.15x	11.4x	9.98x	7.7x
EV / EBIT	114x	79.6x	38.1x	116x	24.7x	71.5x	48.8x	16.3x
EV / FCF	82.4x	51.1x	30x	18.7x	40.5x	9.69x	8.53x	8.86x
FCF Yield	1.21%	1.96%	3.33%	5.36%	2.47%	10.3%	11.7%	11.3%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	1.02	2.77	3.08	0.75	1.29	0.5283	0.7979	1.344
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	1,382	2,331	2,291	1,330	1,473	1,185	1,212	1,364
EBITDA ¹	362.6	723.8	749	403.3	476.7	302.2	318	385.8
EBIT ¹	215.8	448.3	461.4	77.29	157.5	48.03	65.02	182.4
Net income ¹	145.4	397.4	438.9	102.7	172.1	74.39	117.4	189.1
Net Debt ¹	21	-322.5	-401.3	-320.2	-308.5	-610.9	-871.7	-1,075
Reference price ²	182.94	264.96	132.14	68.68	32.05	30.62	30.62	30.62
Nbr of stocks (in thousands)	134,912	135,924	136,130	135,107	130,860	132,145	-	-
Announcement Date	2/8/22	2/7/23	2/6/24	2/4/25	2/3/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
ENPHASE ENERGY, INC.	57.96x	2.9x	11.37x	-.--%	4.05B
SIEMENS ENERGY AG	30.58x	2.41x	15.66x	1.48%	130B
VESTAS WIND SYSTEMS A/S	19.97x	1.1x	8.12x	0.9%	27.96B
SUNGROW POWER SUPPLY CO., LTD.	11.67x	1.47x	7.91x	2.02%	23.67B
FIRST SOLAR, INC.	9.88x	3.24x	6.23x	-.--%	18.55B
NINGBO DEYE TECHNOLOGY GROUP CO., LTD.	15.84x	3.68x	12.79x	4.16%	13.61B
LONGI GREEN ENERGY TECHNOLOGY CO., LTD.	-13.63x	0.95x	23.59x	-.--%	12.3B
NEXTPOWER INC.	21.07x	2.51x	11.86x	-.--%	12.14B
DONGFANG ELECTRIC CORPORATION LIMITED	10.1x	0.71x	8.71x	4.87%	10.92B
GOLDWIND SCIENCE&TECHNOLOGY CO., LTD.	15.96x	1.02x	8.56x	1.67%	8.5B
Average	17.94x	2.00x	11.48x	1.51%	26.16B
Weighted average by Cap.	22.07x	2.14x	12.94x	1.49%