Enphase Energy, Inc. (ENPH): Price and Financial Metrics

ENPH POWR Grades

• Growth is the dimension where ENPH ranks best; there it ranks ahead of 97.66% of US stocks.
• The strongest trend for ENPH is in Quality, which has been heading down over the past 177 days.
• ENPH's current lowest rank is in the Stability metric (where it is better than 6.9% of US stocks).

ENPH Stock Summary

• ENPHASE ENERGY INC's market capitalization of $28,274,821,447 is ahead of 91.88% of US-listed equities.
• With a price/earnings ratio of 95.46, ENPHASE ENERGY INC P/E ratio is greater than that of about 94.69% of stocks in our set with positive earnings.
• ENPH's price/sales ratio is 14; that's higher than the P/S ratio of 91.8% of US stocks.
• Stocks that are quantitatively similar to ENPH, based on their financial statements, market capitalization, and price volatility, are ZM, HLGN, NN, STRC, and VUZI.
• ENPH's SEC filings can be seen here. And to visit ENPHASE ENERGY INC's official web site, go to www.enphase.com.

ENPH Valuation Summary

• In comparison to the median Technology stock, ENPH's EV/EBIT ratio is 358.85% higher, now standing at 88.1.
• ENPH's price/sales ratio has moved up 13.2 over the prior 132 months.

Below are key valuation metrics over time for ENPH.

ENPH Growth Metrics

The year over year net income to common stockholders growth rate now stands at 71.12%.
• Its 5 year cash and equivalents growth rate is now at 1882.45%.
• Its 2 year revenue growth rate is now at 108.51%.

ENPH's revenue has moved up $1,715,376,000 over the prior 49 months.

The table below shows ENPH's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	2,018.92	588.276	296.2
2022-06-30	1,735.726	513.62	203.197
2022-03-31	1,521.587	378.63	165.572
2021-12-31	1,382.049	352.028	145.449
2021-09-30	1,234.169	339.035	165.849
2021-06-30	1,061.153	293.182	183.402

ENPH's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• ENPH has a Quality Grade of B, ranking ahead of 82.39% of graded US stocks.
• ENPH's asset turnover comes in at 0.639 -- ranking 116th of 208 Electronic Equipment stocks.
• PRKR, UI, and FKWL are the stocks whose asset turnover ratios are most correlated with ENPH.

The table below shows ENPH's key quality metrics over time.