Now trading at a price of $217.76, Enphase Energy has moved -2.88% so far today. In contrast, the S&P 500 index moved 0.04%. Read below for a basic value analysis of Enphase Energy.
Enphase Energy shares moved 27.4% over the last 52 weeks, with a high of $339.92 and a low of $128.67. During this time, the stock outperformed the S&P 500 index by 34.21%. As of January 2022, the company's 50-day average price is $228.0. Enphase Energy is an American energy technology company headquartered in Fremont, California. Enphase designs and manufactures software-driven home energy solutions that span solar generation, home energy storage and web-based monitoring and control. The large-cap Technology company is based in Fremont, CA.
Exceptional EPS Growth with a Highly Leveraged Balance Sheet:
|Gross Margins Growth||n/a||26.07%||-10.21%||4.21%|
|Operating Margins Growth||n/a||46.32%||-35.11%||23.11%|
|Earnings Per Share||$1.31||$1.04||$1.09||$2.91|
|Diluted Shares (MM)||123||129||134||136|
|Free Cash Flow (MM)||$124||$196||$300||$698|
|Capital Expenditures (MM)||$15||$21||$53||$46|
|Net Debt / EBITDA||-1.34||-0.12||5.74||1.87|
Enphase Energy Is Too Expensive at Current Levels:
Compared to the Technology sector's average of 27.16, Enphase Energy has a trailing twelve month P/E ratio of 74.83 and, according to its EPS guidance of 7.36, an expected P/E ratio of 29.59.
Enphase Energy's P/B ratio is 74.15 compared to its sector average of 6.23. The company is likely overvalued in terms of its net asset value. The company's shares are currently trading 1569.94% above their fair value as expressed by Benjamin Graham's formula:
√(22.5 * 5-year average EPS * book value per share) = √(22.5 * 1.25 * 6.05) = $13.04
Most of the Market Indicators on Enphase Energy Are Negative:
32 analysts are following Enphase Energy and have set target prices ranging from $205.0 to $365.0 per share. On average, they have given the company a rating of buy. At the current price of $217.76, ENPH is trading -27.09% away from its average analyst target price of $298.66 per share, implying an analyst consensus of strong upside potential for the stock.