ENPH:NSD-Enphase Energy Inc. (USD)

EQUITY | Solar | NASDAQ Global Market

Last Closing

USD 119.8

Change

+10.45 (+9.56)%

Market Cap

USD 0.07B

Volume

4.95M

Analyst Target

USD 75.93
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Enphase Energy Inc delivers microinverter technology for solar industry that increases energy production, simplifies design and installation, improves system, reduces fire safety risk & provides a platform for intelligent energy management.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Solar

Symbol Name Price(Change) Market Cap
FSLR First Solar Inc

N/A

USD 19.13B
NXT Nextracker Inc. Class A Common..

N/A

USD 6.37B
SEDG SolarEdge Technologies Inc

N/A

USD 3.32B
RUN Sunrun Inc

N/A

USD 2.26B
ARRY Array Technologies Inc

N/A

USD 1.88B
SHLS Shoals Technologies Group Inc

N/A

USD 1.41B
CSIQ Canadian Solar Inc

N/A

USD 0.98B
SPWR SunPower Corporation

N/A

USD 0.48B
BEEMW Beam Global

N/A

USD 0.35B
SMXT Solarmax Technology Inc. Commo..

N/A

USD 0.29B

ETFs Containing ENPH

S0LR:F Invesco Solar Energy UCIT.. 12.99 % 0.00 %

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USD 0.06B
S0LR:XETRA Invesco Solar Energy UCIT.. 12.99 % 0.00 %

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USD 0.06B
SOLR:SW Invesco Solar Energy UCIT.. 12.99 % 0.00 %

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USD 0.06B
RAYZ:SW Global X Solar UCITS ETF .. 11.65 % 0.00 %

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USD 3.19M
RAYS Global X Solar ETF 11.04 % 0.00 %

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USD 6.06M
RAYG:LSE Global X Solar UCITS ETF .. 10.93 % 0.00 %

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USD 3.10M
RAYZ:LSE Global X Solar UCITS ETF .. 10.93 % 0.00 %

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USD 3.19M
RA7Z:XETRA Global X Solar UCITS ETF .. 10.92 % 0.00 %

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USD 3.23M
ISUN:LSE Invesco Solar Energy UCIT.. 9.24 % 0.00 %

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USD 0.06B
RAYS:LSE Invesco Solar Energy UCIT.. 9.24 % 0.00 %

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USD 0.06B
TANN:AU BetaShares Solar ETF 9.24 % 0.00 %

N/A

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ZCLN:CA BMO Clean Energy Index ET.. 9.19 % 0.00 %

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CAD 0.06B
INRE:PA iShares Global Clean Ener.. 9.16 % 0.00 %

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XCLN:CA iShares Global Clean Ener.. 8.72 % 0.00 %

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CAD 7.50M
INRG:SW iShares Global Clean Ener.. 8.69 % 0.00 %

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USD 3.09B
CTEK:SW Global X CleanTech UCITS .. 8.04 % 0.00 %

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USD 2.28M
QCLN First Trust NASDAQ® Clea.. 7.53 % 0.60 %

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USD 0.68B
ICLN iShares Global Clean Ener.. 7.45 % 0.46 %

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USD 2.15B
VCLN Virtus Duff & Phelps Clea.. 6.90 % 0.00 %

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USD 5.04M
ZGEN 6.14 % 0.00 %

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XDG7:XETRA Xtrackers MSCI Global SDG.. 5.92 % 0.00 %

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USD 0.01B
D6RD:XETRA Deka Future Energy ESG UC.. 5.74 % 0.00 %

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CTEG:LSE Global X CleanTech UCITS .. 5.63 % 0.00 %

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USD 2.26M
RNEW VanEck Green Infrastructu.. 5.57 % 0.00 %

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USD 1.76M
CT3C:XETRA Global X CleanTech UCITS .. 5.52 % 0.00 %

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USD 2.37M
CLNE:AU VanEck Global Clean Energ.. 5.47 % 0.00 %

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USD 0.09B
NRJC:PA Lyxor MSCI New Energy ESG.. 5.28 % 0.00 %

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ZERP:LSE 5.27 % 0.00 %

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ZERO:LSE 5.27 % 0.00 %

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ACES ALPS Clean Energy 5.00 % 0.00 %

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USD 0.19B
LYNRJ:SW Amundi MSCI New Energy ES.. 4.89 % 0.00 %

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USD 0.77B
NRJU:LSE Lyxor MSCI New Energy ESG.. 4.87 % 0.00 %

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USD 0.74B
XG11:XETRA Xtrackers MSCI Global SDG.. 4.74 % 0.00 %

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USD 0.13B
NRJL:LSE Lyxor MSCI New Energy ESG.. 4.67 % 0.00 %

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USD 0.78B
FNRG:XETRA Fidelity Clean Energy UCI.. 4.51 % 0.00 %

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USD 6.83M
CTEX ProShares S&P Kensho Clea.. 4.41 % 0.00 %

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USD 3.00M
ZER0:XETRA 4.30 % 0.00 %

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ERTH Invesco MSCI Sustainable .. 3.88 % 0.00 %

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USD 0.18B
TANN:PA HANetf ICAV - Solar Energ.. 3.76 % 0.00 %

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TANN:LSE HANetf ICAV - Solar Energ.. 3.54 % 0.00 %

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USD 7.63M
TANP:LSE HANetf ICAV - Solar Energ.. 3.54 % 0.00 %

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USD 7.63M
TANN:XETRA HANetf ICAV - Solar Energ.. 3.45 % 0.00 %

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USD 7.23M
SMOG VanEck Low Carbon Energy .. 3.16 % 0.00 %

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USD 0.13B
GRID:XETRA First Trust Nasdaq Clean .. 3.06 % 0.00 %

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USD 0.11B
FGRD:LSE First Trust Nasdaq Clean .. 2.80 % 0.00 %

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USD 0.10B
GRDU:LSE First Trust Nasdaq Clean .. 2.80 % 0.00 %

N/A

USD 0.11B
HCLN:CA Harvest Clean Energy ETF .. 2.70 % 0.00 %

N/A

CAD 0.02B
XG12:XETRA Xtrackers MSCI Global SDG.. 2.40 % 0.00 %

N/A

USD 4.43M
XG12:SW Xtrackers MSCI Global SDG.. 2.40 % 0.00 %

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USD 4.43M
WRNW:XETRA WisdomTree Renewable Ener.. 2.38 % 0.00 %

N/A

USD 0.58M
BJLE:XETRA BNP PARIBAS EASY - ECPI G.. 2.24 % 0.00 %

N/A

USD 0.18B
XDGI:XETRA Xtrackers MSCI Global SDG.. 2.00 % 0.00 %

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USD 0.01B
G1CE:F Invesco Markets II Plc - .. 1.34 % 0.00 %

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USD 0.04B
GCLE:SW Invesco Markets II plc - .. 1.34 % 0.00 %

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USD 0.04B
HIBL Direxion Daily S&P 500® .. 0.98 % 0.00 %

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USD 0.05B
EWSP:SW iShares S&P 500 Equal Wei.. 0.24 % 0.00 %

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USD 1.24B
DWAQ 0.00 % 0.60 %

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GEX 0.00 % 0.63 %

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PBD Invesco Global Clean Ener.. 0.00 % 0.75 %

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USD 0.12B
PZD 0.00 % 0.68 %

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XKCP 0.00 % 0.00 %

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SPHB Invesco S&P 500® High Be.. 0.00 % 0.25 %

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USD 0.58B
TAN Invesco Solar ETF 0.00 % 0.65 %

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USD 1.22B
WMCR 0.00 % 0.50 %

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INRG:LSE iShares Global Clean Ener.. 0.00 % 0.00 %

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USD 3.20B
DNRG:LSE 0.00 % 0.00 %

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NRJ:PA Multi Units France - Lyxo.. 0.00 % 0.00 %

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USD 0.74B
IQQH:F iShares Global Clean Ener.. 0.00 % 0.00 %

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USD 3.09B
IQQH:XETRA iShares Global Clean Ener.. 0.00 % 0.00 %

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USD 3.34B
LYM9:XETRA Lyxor MSCI New Energy ESG.. 0.00 % 0.00 %

N/A

USD 0.77B
CTEC Global X CleanTech ETF 0.00 % 0.00 %

N/A

USD 0.05B
GCLE:LSE Invesco Markets II plc - .. 0.00 % 0.00 %

N/A

USD 0.04B
GCLX:LSE Invesco Markets II plc - .. 0.00 % 0.00 %

N/A

USD 0.04B
G1CE:XETRA Invesco Markets II plc - .. 0.00 % 0.00 %

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USD 0.04B
QCLN:LSE First Trust Nasdaq Clean .. 0.00 % 0.00 %

N/A

USD 0.02B
QCLU:LSE First Trust Nasdaq® Clea.. 0.00 % 0.00 %

N/A

USD 0.02B
QCLN:F First Trust Nasdaq Clean .. 0.00 % 0.00 %

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USD 0.02B
QCLN:XETRA First Trust Nasdaq Clean .. 0.00 % 0.00 %

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USD 0.02B
SHFT 0.00 % 0.00 %

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GCED:LSE Invesco Markets II plc - .. 0.00 % 0.00 %

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USD 0.04B
GCEX:LSE Invesco Markets II plc - .. 0.00 % 0.00 %

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USD 1.40M

Market Performance

  Market Performance vs. Industry/Classification (Solar) Market Performance vs. Exchange (NASDAQ Global Market)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -9.34% 77% C+ 32% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -9.34% 77% C+ 31% F
Trailing 12 Months  
Capital Gain -41.26% 78% C+ 22% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -41.26% 78% C+ 22% F
Trailing 5 Years  
Capital Gain 1,197.94% 100% F 98% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 1,197.94% 100% F 98% N/A
Average Annual (5 Year Horizon)  
Capital Gain 109.68% 89% A- 96% N/A
Dividend Return 109.68% 89% A- 96% N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 160.83% 28% F 9% A-
Risk Adjusted Return 68.20% 94% A 90% A-
Market Capitalization 0.07B 95% A 95% A

Key Financial Ratios

  Ratio vs. Industry/Classification (Solar) Ratio vs. Market (NASDAQ Global Market)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 37.21 25% 27%
Price/Book Ratio 15.81 11% 7%
Price / Cash Flow Ratio 22.33 15% 13%
Price/Free Cash Flow Ratio 25.41 11% 9%
Management Effectiveness  
Return on Equity 48.52% 100% 97%
Return on Invested Capital 23.67% 95% 90%
Return on Assets 8.92% 95% 94%
Debt to Equity Ratio 131.53% 27% 18%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.