(ENPH) Enphase Energy - Ratings and Ratios
Exchange: NASDAQ •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US29355A1079
Microinverter, Battery, Gateway, Monitoring, Charger
Dividends
Currently no dividends paid| Risk via 10d forecast | |
|---|---|
| Volatility | 66.5% |
| Value at Risk 5%th | 97.5% |
| Relative Tail Risk | -10.93% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.88 |
| Alpha | -73.22 |
| CAGR/Max DD | -0.59 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.361 |
| Beta | 1.089 |
| Beta Downside | 1.338 |
| Drawdowns 3y | |
|---|---|
| Max DD | 92.15% |
| Mean DD | 67.17% |
| Median DD | 67.50% |
Description: ENPH Enphase Energy November 05, 2025
Enphase Energy, Inc. (NASDAQ: ENPH) designs, manufactures, and sells semiconductor-based microinverters and a suite of complementary hardware and software for residential and small-commercial solar installations, including the IQ Battery storage system, IQ Gateway, and cloud-based Enlighten monitoring platform. Its products are distributed through solar wholesalers, large installers, OEM partners, and directly to homeowners via an online store and legacy upgrade program.
As of Q3 2024, Enphase reported revenue of approximately $1.1 billion, up 12 % year-over-year, with a gross margin near 48 % and a backlog of roughly $2.2 billion, reflecting strong demand for its integrated solar-plus-storage solutions. Key growth drivers include the accelerating adoption of residential solar in the United States-bolstered by favorable net-metering policies and declining solar-plus-storage system costs-and ongoing semiconductor supply-chain improvements that are easing component shortages across the sector.
For a deeper quantitative dive, you may find ValueRay’s interactive dashboards useful.
Piotroski VR‑10 (Strict, 0-10) 7.5
| Net Income (195.6m TTM) > 0 and > 6% of Revenue (6% = 90.7m TTM) |
| FCFTA 0.07 (>2.0%) and ΔFCFTA -3.76pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 80.71% (prev 143.4%; Δ -62.73pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.08 (>3.0%) and CFO 256.3m > Net Income 195.6m (YES >=105%, WARN >=100%) |
| Net Debt (807.5m) to EBITDA (320.6m) ratio: 2.52 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.04 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (133.0m) change vs 12m ago -4.95% (target <= -2.0% for YES) |
| Gross Margin 48.48% (prev 46.19%; Δ 2.29pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 45.94% (prev 38.30%; Δ 7.63pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 40.67 (EBITDA TTM 320.6m / Interest Expense TTM 5.94m) >= 6 (WARN >= 3) |
Altman Z'' 2.56
| (A) 0.37 = (Total Current Assets 2.39b - Total Current Liabilities 1.17b) / Total Assets 3.32b |
| (B) -0.07 = Retained Earnings (Balance) -242.6m / Total Assets 3.32b |
| (C) 0.07 = EBIT TTM 241.8m / Avg Total Assets 3.29b |
| (D) -0.10 = Book Value of Equity -239.3m / Total Liabilities 2.33b |
| Total Rating: 2.56 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 58.77
| 1. Piotroski 7.50pt |
| 2. FCF Yield 6.47% |
| 3. FCF Margin 14.37% |
| 4. Debt/Equity 1.22 |
| 5. Debt/Ebitda 2.52 |
| 6. ROIC - WACC (= 2.39)% |
| 7. RoE 22.23% |
| 8. Rev. Trend -51.03% |
| 9. EPS Trend -47.77% |
What is the price of ENPH shares?
As of December 08, 2025, the stock is trading at USD 31.25 with a total of 10,644,302 shares traded.
Over the past week, the price has changed by +9.34%, over one month by +3.41%, over three months by -19.48% and over the past year by -59.09%.
Over the past week, the price has changed by +9.34%, over one month by +3.41%, over three months by -19.48% and over the past year by -59.09%.
Is ENPH a buy, sell or hold?
Enphase Energy has received a consensus analysts rating of 3.45.
Therefor, it is recommend to hold ENPH.
- Strong Buy: 11
- Buy: 5
- Hold: 19
- Sell: 1
- Strong Sell: 4
What are the forecasts/targets for the ENPH price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 38.9 | 24.3% |
| Analysts Target Price | 38.9 | 24.3% |
| ValueRay Target Price | 17.3 | -44.5% |
ENPH Fundamental Data Overview November 27, 2025
Market Cap USD = 3.63b (3.63b USD * 1.0 USD.USD)
P/E Trailing = 18.351
P/E Forward = 13.947
P/S = 2.3976
P/B = 3.522
P/EG = 0.7539
Beta = 1.419
Revenue TTM = 1.51b USD
EBIT TTM = 241.8m USD
EBITDA TTM = 320.6m USD
Long Term Debt = 571.9m USD (from longTermDebt, last quarter)
Short Term Debt = 637.5m USD (from shortTermDebt, last quarter)
Debt = 1.21b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 807.5m USD (from netDebt column, last quarter)
Enterprise Value = 3.36b USD (3.63b + Debt 1.21b - CCE 1.48b)
Interest Coverage Ratio = 40.67 (Ebit TTM 241.8m / Interest Expense TTM 5.94m)
FCF Yield = 6.47% (FCF TTM 217.3m / Enterprise Value 3.36b)
FCF Margin = 14.37% (FCF TTM 217.3m / Revenue TTM 1.51b)
Net Margin = 12.93% (Net Income TTM 195.6m / Revenue TTM 1.51b)
Gross Margin = 48.48% ((Revenue TTM 1.51b - Cost of Revenue TTM 779.1m) / Revenue TTM)
Gross Margin QoQ = 47.81% (prev 46.95%)
Tobins Q-Ratio = 1.01 (Enterprise Value 3.36b / Total Assets 3.32b)
Interest Expense / Debt = 0.07% (Interest Expense 830.0k / Debt 1.21b)
Taxrate = 13.48% (10.4m / 77.0m)
NOPAT = 209.2m (EBIT 241.8m * (1 - 13.48%))
Current Ratio = 2.04 (Total Current Assets 2.39b / Total Current Liabilities 1.17b)
Debt / Equity = 1.22 (Debt 1.21b / totalStockholderEquity, last quarter 995.0m)
Debt / EBITDA = 2.52 (Net Debt 807.5m / EBITDA 320.6m)
Debt / FCF = 3.72 (Net Debt 807.5m / FCF TTM 217.3m)
Total Stockholder Equity = 879.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.89% (Net Income 195.6m / Total Assets 3.32b)
RoE = 22.23% (Net Income TTM 195.6m / Total Stockholder Equity 879.8m)
RoCE = 16.65% (EBIT 241.8m / Capital Employed (Equity 879.8m + L.T.Debt 571.9m))
RoIC = 9.93% (NOPAT 209.2m / Invested Capital 2.11b)
WACC = 7.54% (E(3.63b)/V(4.84b) * Re(10.03%) + D(1.21b)/V(4.84b) * Rd(0.07%) * (1-Tc(0.13)))
Discount Rate = 10.03% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.26%
[DCF Debug] Terminal Value 71.50% ; FCFE base≈264.9m ; Y1≈266.9m ; Y5≈287.6m
Fair Price DCF = 27.93 (DCF Value 3.65b / Shares Outstanding 130.9m; 5y FCF grow 0.34% → 3.0% )
EPS Correlation: -47.77 | EPS CAGR: 5.74% | SUE: 2.86 | # QB: 1
Revenue Correlation: -51.03 | Revenue CAGR: -0.15% | SUE: 4.0 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.37 | Chg30d=-0.180 | Revisions Net=-15 | Analysts=19
EPS next Year (2026-12-31): EPS=2.13 | Chg30d=-0.304 | Revisions Net=-18 | Growth EPS=-23.0% | Growth Revenue=-15.2%
P/E Trailing = 18.351
P/E Forward = 13.947
P/S = 2.3976
P/B = 3.522
P/EG = 0.7539
Beta = 1.419
Revenue TTM = 1.51b USD
EBIT TTM = 241.8m USD
EBITDA TTM = 320.6m USD
Long Term Debt = 571.9m USD (from longTermDebt, last quarter)
Short Term Debt = 637.5m USD (from shortTermDebt, last quarter)
Debt = 1.21b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 807.5m USD (from netDebt column, last quarter)
Enterprise Value = 3.36b USD (3.63b + Debt 1.21b - CCE 1.48b)
Interest Coverage Ratio = 40.67 (Ebit TTM 241.8m / Interest Expense TTM 5.94m)
FCF Yield = 6.47% (FCF TTM 217.3m / Enterprise Value 3.36b)
FCF Margin = 14.37% (FCF TTM 217.3m / Revenue TTM 1.51b)
Net Margin = 12.93% (Net Income TTM 195.6m / Revenue TTM 1.51b)
Gross Margin = 48.48% ((Revenue TTM 1.51b - Cost of Revenue TTM 779.1m) / Revenue TTM)
Gross Margin QoQ = 47.81% (prev 46.95%)
Tobins Q-Ratio = 1.01 (Enterprise Value 3.36b / Total Assets 3.32b)
Interest Expense / Debt = 0.07% (Interest Expense 830.0k / Debt 1.21b)
Taxrate = 13.48% (10.4m / 77.0m)
NOPAT = 209.2m (EBIT 241.8m * (1 - 13.48%))
Current Ratio = 2.04 (Total Current Assets 2.39b / Total Current Liabilities 1.17b)
Debt / Equity = 1.22 (Debt 1.21b / totalStockholderEquity, last quarter 995.0m)
Debt / EBITDA = 2.52 (Net Debt 807.5m / EBITDA 320.6m)
Debt / FCF = 3.72 (Net Debt 807.5m / FCF TTM 217.3m)
Total Stockholder Equity = 879.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.89% (Net Income 195.6m / Total Assets 3.32b)
RoE = 22.23% (Net Income TTM 195.6m / Total Stockholder Equity 879.8m)
RoCE = 16.65% (EBIT 241.8m / Capital Employed (Equity 879.8m + L.T.Debt 571.9m))
RoIC = 9.93% (NOPAT 209.2m / Invested Capital 2.11b)
WACC = 7.54% (E(3.63b)/V(4.84b) * Re(10.03%) + D(1.21b)/V(4.84b) * Rd(0.07%) * (1-Tc(0.13)))
Discount Rate = 10.03% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.26%
[DCF Debug] Terminal Value 71.50% ; FCFE base≈264.9m ; Y1≈266.9m ; Y5≈287.6m
Fair Price DCF = 27.93 (DCF Value 3.65b / Shares Outstanding 130.9m; 5y FCF grow 0.34% → 3.0% )
EPS Correlation: -47.77 | EPS CAGR: 5.74% | SUE: 2.86 | # QB: 1
Revenue Correlation: -51.03 | Revenue CAGR: -0.15% | SUE: 4.0 | # QB: 1
EPS next Quarter (2026-03-31): EPS=0.37 | Chg30d=-0.180 | Revisions Net=-15 | Analysts=19
EPS next Year (2026-12-31): EPS=2.13 | Chg30d=-0.304 | Revisions Net=-18 | Growth EPS=-23.0% | Growth Revenue=-15.2%
Additional Sources for ENPH Stock
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle