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

ENPH POWR Grades

• Momentum is the dimension where ENPH ranks best; there it ranks ahead of 97.7% of US stocks.
• ENPH's strongest trending metric is Value; it's been moving up over the last 48 weeks.
• ENPH ranks lowest in Stability; there it ranks in the 8th percentile.

ENPH Stock Summary

• ENPH's current price/earnings ratio is 116.13, which is higher than 93.4% of US stocks with positive earnings.
• The price/operating cash flow metric for Enphase Energy Inc is higher than 93.78% of stocks in our set with a positive cash flow.
• With a year-over-year growth in debt of 185.32%, Enphase Energy Inc's debt growth rate surpasses 95.14% of about US stocks.
• Stocks that are quantitatively similar to ENPH, based on their financial statements, market capitalization, and price volatility, are SPLK, MODN, VRCA, FEYE, and MDB.
• 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

• ENPH's price/sales ratio is 22.4; this is 311.01% higher than that of the median Technology stock.
• ENPH's price/sales ratio has moved up 20.6 over the prior 115 months.
• Over the past 115 months, ENPH's price/sales ratio has gone up 20.6.

Below are key valuation metrics over time for ENPH.

ENPH Growth Metrics

• Its 3 year net income to common stockholders growth rate is now at 89.19%.
• Its 5 year cash and equivalents growth rate is now at 2540.36%.
• The 4 year net income to common stockholders growth rate now stands at 757.81%.

Over the past 52 months, ENPH's revenue has gone up $747,932,000.

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
2021-06-30	1,061.153	293.182	183.402
2021-03-31	870.634	252.953	96.757
2020-12-31	774.425	216.334	133.995
2020-09-30	719.618	234.425	177.67
2020-06-30	721.172	171.885	169.407
2020-03-31	729.728	161.226	227.319

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 88.7% of graded US stocks.
• ENPH's asset turnover comes in at 0.644 -- ranking 117th of 208 Electronic Equipment stocks.
• RFIL, SYNA, and LGL are the stocks whose asset turnover ratios are most correlated with ENPH.

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