Enphase Energy, Inc., together with its subsidiaries, designs, develops, and sells microinverter systems for the solar photovoltaic industry in the United States and internationally. The company was founded in 2006 and is headquartered in Petaluma, California.
ENPH Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Enphase Energy Inc. To summarize, we found that Enphase Energy Inc ranked in the 76th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 336%. As for the metrics that stood out in our discounted cash flow analysis of Enphase Energy Inc, consider:
The business' balance sheet reveals debt to be 6% of the company's capital (with equity being the remaining amount). Approximately merely 15.45% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
ENPH's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 46.58% of tickers in our DCF set.
As a business, Enphase Energy Inc experienced a tax rate of about 0% over the past twelve months; relative to its sector (Technology), this tax rate is higher than merely 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ENPH, try SANM, MODN, III, TTLO, and NCR.
San Francisco, California--(Newsfile Corp. - July 3, 2020) - Hagens Berman urges investors in Enphase Energy, Inc. (NASDAQ: ENPH) who suffered losses in excess of $150,000 to submit their losses now. A securities fraud class action has been filed and certain investors may have valuable claims. Class Period: Feb. 26, 2019 - June 17, 2020Lead Plaintiff Deadline: Aug. 17, 2020Visit: www.hbsslaw.com/investor-fraud/ENPHContact An Attorney Now: [email protected] Energy (ENPH) Securities Fraud Class Action: The ...
NEW YORK, NY / ACCESSWIRE / July 3, 2020 / Labaton Sucharow LLP, a nationally ranked investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of stock, options, ...
The solar industry is adapting well to a post Covid-19 business environment, according to recent channel checks conducted by Oppenheimer.Also helping are lower interest rates that allow cheaper financing for solar projects, a tailwind that will benefit industry leaders like Enphase Energy (ENPH), Solar Edge (SEDG), Sun Run (RUN) and...
New York, New York--(Newsfile Corp. - July 2, 2020) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Enphase Energy, Inc. (NASDAQ: ENPH) alleging that the Company violated federal securities laws.Class Period: February 26, 2019 and June 17, 2020Lead Plaintiff Deadline: August 17, 2020Learn more about your recoverable losses in DNK:http://www.kleinstocklaw.com/pslra-1/enphase-energy-inc-loss-submission-form?id=7753&from=5The filed complaint alleges that Enphase Energy, Inc. made materially false and/or misleading ...
The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of California on behalf of those who acquired Enphase Energy, Inc. ("Enphase" or the "Company") (NASDAQ: ENPH) securities during the period from February 26, 2019 through June 17, 2020. Investors have until August 17, 2020 to apply to the Court to be appointed as lead plaintiff in the lawsuit.