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ENPH

335.82USD-0.18(-0.05%)Market Closed

Enphase Energy Inc

Market Summary

USD335.82-0.18Market Closed
-0.05%

ENPH Alerts

ENPH Stock Price

RSI Chart

Valuation

Market Cap

41.5B

Price/Earnings

140.01

Price/Sales

20.54

Price/Cashflow

70.49

MarketCap/EBT

124

Price/Sales

Profitability

Operating Margin

40.97%

EBT Margin

16.57%

Return on Equity

48.55%

Return on Assets

10.98%

Fundamentals

Revenue

Revenue (TTM)

2.0B

Revenue Y/Y

80.56%

Revenue Q/Q

19.71%

Earnings

Earnings (TTM)

296.2M

Earnings Y/Y

426.44%

Earnings Q/Q

49.15%

Price Action

52 Week Range

113.40339.92
(Low)(High)

Last 7 days

5.2%

Last 30 days

16.1%

Last 90 days

20.4%

Trailing 12 Months

43.0%

Financial Health

Current Ratio

3.6

Debt/Equity

2.11

Debt/Cashflow

0.46

Investor Care

Shares Dilution (1Y)

0.75%

Peers (Alternatives to Enphase Energy)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
344.5B
28.6B
27.66% -47.43%
44.5
11.58
17.68% -27.42%
191.5B
31.7B
18.59% 0.01%
21.45
6.05
19.50% 82.82%
147.4B
20.2B
12.10% -5.63%
16.52
7.3
14.79% 21.94%
120.0B
69.5B
8.71% -38.23%
9.02
1.73
-11.38% -36.97%
100.1B
22.8B
27.89% -50.24%
31.98
4.64
53.70% -42.73%
14.1B
2.5B
12.16% 64.95%
149.27
5.6
-3.85% -79.08%
MID-CAP
7.0B
626.2M
41.68% -5.66%
51.67
11.99
30.27% 86.50%
5.1B
6.5B
35.86% 25.19%
7.35
0.78
19.23% 49.17%
3.9B
699.0M
19.09% -20.13%
20.84
5.38
2.60% 25.00%
SMALL-CAP
918.1M
799.0M
7.83% -32.89%
2.03
1.18
15.40% 533.32%
752.7M
1.3B
18.49% -37.02%
11.95
0.64
19.99% 7.15%
687.4M
1.8B
21.36% -42.59%
10.22
0.37
39.00% 721.30%
641.7M
135.3M
-1.64% -39.08%
719.35
4.77
15.85% -646.22%
449.5M
387.0M
-3.37% -47.58%
6.37
1.02
-23.64% -38.86%

Financials for Enphase Energy

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue16.3%2,0191,7361,5221,3821,234
Cost Of Revenue15.0%1,1921,036913828721
Gross Profit18.2%827700608554513
Operating Expenses6.6%478449392339276
  S&GA Expenses8.9%19517915112999
  R&D Expenses10.9%15113611910690
Earnings Before Taxes48.1%334226180121142
Net Income45.8%296203166145166
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets10.7%2,6982,4372,2632,0792,230
  Current Assets14.2%1,9831,7361,5591,4621,768
    Cash Equivalents-31.9%338495252119886
  Inventory12.4%146130967465
  Net PPE5.8%9287858273
  Goodwill-0.8%19619719618161
Liabilities5.1%2,0881,9861,9321,6491,582
  Current Liabilities14.6%550480454440393
  Long Term Debt0.2%1,2881,2861,2841,0381,026
    LT Debt, Current1.4%9088878686
    LT Debt, Non Current0.1%1,1991,1981,197952940
Shareholder's Equity35.3%610451331430648
  Retained Earnings45.7%-136.42-251.23-328.21-405.74-158.33
  Additional Paid-In Capital6.8%762713667838806
Accumulated Depreciation-77----
Shares Outstanding0.3%136135135134135
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations14.5%588514379352339
  Share Based Compensation2.9%19018514711485
Cashflow From Investing19.7%-810.29-1,008.71-1,089.63-1,219.55-676.89
Cashflow From Financing-0.2%-320.35-319.72-524.20309562
  Buy Backs0%6006005000
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on ENPH?

98.1%


Probability that Enphase Energy stock will be more than 20% underwater in next one year

96.5%


Probability that Enphase Energy stock will be more than 30% underwater in next one year.

82.3%


Probability that Enphase Energy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ENPH drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Enphase Energy was unfortunately bought at previous high price.

Returns

Cumulative Returns on ENPH

61.0%


10-Year Cumulative Returns

106.8%


7-Year Cumulative Returns

158.7%


5-Year Cumulative Returns

141.9%


3-Year Cumulative Returns

What are the long-term rolling returns for ENPH?

FIve years rolling returns for Enphase Energy.

Which funds bought or sold ENPH recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Gould Capital, LLC
UNCHANGED
-
8,000
28,000
0.02%
2022-11-23
Toroso Investments, LLC
ADDED
0.45
1,449,000
4,839,000
0.20%
2022-11-22
Capital Impact Advisors, LLC
REDUCED
-61.73
-287,000
341,000
0.34%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
75.29
1,042,000
1,741,000
0.05%
2022-11-22
Seaport Global Advisors, LLC
REDUCED
-46.01
-96,000
315,000
1.28%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
3,577,000
3,577,000
0.04%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
13,000
44,000
0.01%
2022-11-22
IHT Wealth Management, LLC
ADDED
19.49
387,000
941,000
0.07%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-0.44
18,087,000
61,680,000
0.10%
2022-11-21
17 CAPITAL PARTNERS, LLC
REDUCED
-34.34
-84,000
1,170,000
1.60%

1–10 of 42

Latest Funds Activity

Are funds buying ENPH calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own ENPH

Enphase Energy News

MarketWatch

Amphenol Corp. Cl A stock outperforms market despite losses on the day.81 minutes ago

ENPH Fair Value

Enphase Energy fair value in different scenarios

The table shows the Fair Value estimates for Enphase Energy for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

17.26

-94.86%

40.82

-87.84%

174.46

-48.05%

276.76

-17.59%

355.80

5.95%

Current Inflation

16.37

-95.13%

37.10

-88.95%

152.82

-54.49%

240.58

-28.36%

307.74

-8.36%

Very High Inflation

15.22

-95.47%

32.55

-90.31%

127.33

-62.08%

198.26

-40.96%

251.86

-25.00%

Historical Enphase Energy Fair Value Estimates


Recent SEC filings of Enphase Energy

View All Filings
Date Filed Form Type Document
Nov 23, 2022
4
Insider Trading
Nov 18, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 02, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading
Oct 25, 2022
10-Q
Quarterly Report
Oct 25, 2022
8-K
Current Report
Oct 18, 2022
4
Insider Trading
Sep 15, 2022
4
Insider Trading

Latest Insider Trading transactions for ENPH

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-21
RANHOFF DAVID A
SOLD
-2,275,720
303.43
-7,500
EVP & Chief Commercial Officer
2022-11-16
Malchow Joseph Ian
SOLD
-3,875,000
310
-12,500
-
2022-11-10
GOMO STEVEN J
SOLD
-7,465,210
298.608
-25,000
-
2022-10-31
GOMO STEVEN J
ACQUIRED
17,500
0.7
25,000
-
2022-10-27
MORA RICHARD
SOLD
-4,014,530
308.81
-13,000
-
2022-10-27
Yang Mandy
SOLD
-2,812,910
297.537
-9,454
VP, Chief Financial Officer
2022-10-27
MORA RICHARD
ACQUIRED
43,682.8
3.36022
13,000
-
2022-10-15
Yang Mandy
SOLD FOR TAXES
-2,211,240
237.87
-9,296
VP, Chief Financial Officer
2022-09-13
Kothandaraman Badrinarayanan
SOLD
-10,699,300
296.518
-36,083
President & CEO
2022-09-09
Kothandaraman Badrinarayanan
SOLD
-24,934,700
301.016
-82,835
President & CEO

1–10 of 50

Badrinarayanan Kothandaraman
2260
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It also offers AC battery storage systems; Envoy communications gateway; and Enlighten cloud-based monitoring service, as well as other accessories. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.

ENPH Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Net revenues$ 634,713$ 351,519$ 1,606,201$ 969,330
Cost of revenues366,797211,161942,307578,222
Gross profit267,916140,358663,894391,108
Operating expenses:    
Research and development44,18829,411119,16373,937
Sales and marketing55,25739,296150,18984,504
General and administrative32,43634,300102,64774,530
Restructuring charges59405940
Total operating expenses132,475103,007372,593232,971
Income from operations135,44137,351291,301158,137
Other income (expense), net    
Interest income3,6801104,936281
Interest expense(2,255)(12,628)(7,159)(32,463)
Other (expense) income, net(2,611)874(5,208)814
Loss on partial settlement of convertible notes000(56,382)
Total other expense, net(1,186)(11,644)(7,431)(87,750)
Income before income taxes134,25525,707283,87070,387
Income tax (provision) benefit(19,443)(3,898)(40,261)22,471
Net income$ 114,812$ 21,809$ 243,609$ 92,858
Net income per share:    
Basic (in USD per share)$ 0.85$ 0.16$ 1.80$ 0.69
Diluted (in USD per share)$ 0.80$ 0.15$ 1.70$ 0.65
Shares used in per share calculation:    
Basic (in shares)135,633134,721135,056133,719
Diluted (in shares)145,962141,220144,058143,091

ENPH Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 337,583$ 119,316
Marketable securities1,079,713897,335
Accounts receivable, net of allowances of $594 and $1,590 at September 30, 2022 and December 31, 2021, respectively367,647333,626
Inventory146,45174,400
Prepaid expenses and other assets51,27037,784
Total current assets1,982,6641,462,461
Property and equipment, net91,80182,167
Operating lease, right of use asset, net18,12814,420
Intangible assets, net90,92497,758
Goodwill195,508181,254
Other assets140,439118,726
Deferred tax assets, net178,371122,470
Total assets2,697,8352,079,256
Current liabilities:  
Accounts payable92,823113,767
Accrued liabilities255,800157,912
Deferred revenues, current79,60962,670
Warranty obligations, current (includes $28,120 and $14,612 measured at fair value at September 30, 2022 and December 31, 2021, respectively)32,35019,395
Debt, current89,65486,052
Total current liabilities550,236439,796
Long-term liabilities:  
Deferred revenues, non-current239,971187,186
Warranty obligations, non-current (includes $55,434 and $36,395 measured at fair value at September 30, 2022 and December 31, 2021, respectively)73,53053,982
Other liabilities25,41816,530
Debt, non-current1,198,627951,594
Total liabilities2,087,7821,649,088
Commitments and contingencies (Note 10)
Stockholders’ equity:  
Common stock, $0.00001 par value, 300,000 shares authorized; and 135,857 shares and 133,894 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively11
Additional paid-in capital762,012837,924
Accumulated deficit(136,418)(405,737)
Accumulated other comprehensive loss(15,542)(2,020)
Total stockholders’ equity610,053430,168
Total liabilities and stockholders’ equity$ 2,697,835$ 2,079,256
Common stock, shares authorized (in shares)300,000,000300,000,000