ENPH Relative Valuation
ENPH's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, ENPH is overvalued; if below, it's undervalued.
Historical Valuation
Enphase Energy Inc (ENPH) is now in the Undervalued zone, suggesting that its current forward PE ratio of 14.31 is considered Undervalued compared with the five-year average of 43.60. The fair price of Enphase Energy Inc (ENPH) is between 60.62 to 132.25 according to relative valuation methord. Compared to the current price of 29.39 USD , Enphase Energy Inc is Undervalued By 51.52%.
Relative Value
Fair Zone
60.62-132.25
Current Price：29.39
51.52%
Undervalued
14.98
PE
1Y
3Y
5Y
Trailing
Forward
11.77
EV/EBITDA
Enphase Energy Inc. (ENPH) has a current EV/EBITDA of 11.77. The 5-year average EV/EBITDA is 34.81. The thresholds are as follows: Strongly Undervalued below -0.10, Undervalued between -0.10 and 17.36, Fairly Valued between 52.27 and 17.36, Overvalued between 52.27 and 69.72, and Strongly Overvalued above 69.72. The current Forward EV/EBITDA of 11.77 falls within the Undervalued range.
-774.80
EV/EBIT
Enphase Energy Inc. (ENPH) has a current EV/EBIT of -774.80. The 5-year average EV/EBIT is 31.90. The thresholds are as follows: Strongly Undervalued below -401.96, Undervalued between -401.96 and -185.03, Fairly Valued between 248.84 and -185.03, Overvalued between 248.84 and 465.77, and Strongly Overvalued above 465.77. The current Forward EV/EBIT of -774.80 falls within the Strongly Undervalued range.
3.18
PS
Enphase Energy Inc. (ENPH) has a current PS of 3.18. The 5-year average PS is 10.24. The thresholds are as follows: Strongly Undervalued below 1.75, Undervalued between 1.75 and 6.00, Fairly Valued between 14.48 and 6.00, Overvalued between 14.48 and 18.73, and Strongly Overvalued above 18.73. The current Forward PS of 3.18 falls within the Undervalued range.
10.34
P/OCF
Enphase Energy Inc. (ENPH) has a current P/OCF of 10.34. The 5-year average P/OCF is 39.35. The thresholds are as follows: Strongly Undervalued below -3.10, Undervalued between -3.10 and 18.13, Fairly Valued between 60.57 and 18.13, Overvalued between 60.57 and 81.80, and Strongly Overvalued above 81.80. The current Forward P/OCF of 10.34 falls within the Undervalued range.
14.00
P/FCF
Enphase Energy Inc. (ENPH) has a current P/FCF of 14.00. The 5-year average P/FCF is 47.60. The thresholds are as follows: Strongly Undervalued below -13.96, Undervalued between -13.96 and 16.82, Fairly Valued between 78.37 and 16.82, Overvalued between 78.37 and 109.15, and Strongly Overvalued above 109.15. The current Forward P/FCF of 14.00 falls within the Undervalued range.
Enphase Energy Inc (ENPH) has a current Price-to-Book (P/B) ratio of 3.86. Compared to its 3-year average P/B ratio of 16.99 , the current P/B ratio is approximately -77.25% higher. Relative to its 5-year average P/B ratio of 31.29, the current P/B ratio is about -87.65% higher. Enphase Energy Inc (ENPH) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 4.35%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 3.08% , the current FCF yield is about -100.00% lower.
4.05
P/B
Median3y
16.99
Median5y
31.29
5.65
FCF Yield
Median3y
4.35
Median5y
3.08
Competitors Valuation Multiple
The average P/S ratio for ENPH's competitors is , providing a benchmark for relative valuation. Enphase Energy Inc Corp (ENPH) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 7.76%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of ENPH decreased by 55.21% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 12.02 to 16.24.
The secondary factor is the Revenue Growth, contributed 7.76%to the performance.
Overall, the performance of ENPH in the past 1 year is driven by Margin Expansion. Which is more sustainable.
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