EN

Enphase Energy Inc (ENPH)

TechnologySolar
35.80USD
-1.28%
Magic Rank
#1266
Earnings Yield
3.7%
Return on Capital
7.7%
Market Cap
3.8B

Performance vs S&P 500 (5Y)

ENPH.US
S&P 500

About Enphase Energy Inc

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 that converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control. It also provides microinverter units and related accessories; IQ Battery and related accessories; IQ Gateway and IQ Energy Router; cloud-based Enlighten monitoring service; and electric vehicle charging solutions, as well as design, proposal, permitting, and lead generation services. 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.

Magic Formula Analysis

Enterprise Value3.5B
Market / Universe
us
USA

"A company with high ROC and high EY is statistically more likely to outperform the market."

Key Indicators

P/E Ratio19.76
Dividend YieldN/A
Debt to Equity-0.38
Gross Margin16.4%