Quick Look at Enphase Energy (ENPH)

Large-cap technology company Enphase Energy has moved 0.1% this evening, reaching $124.03 per share. In contrast, the average analyst target price for the stock is $117.2.

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 is based in the United States.

What to Consider if You Are Thinking of Buying Enphase Energy:

  • Enphase Energy has moved -59.4% over the last year.

  • ENPH has a forward P/E ratio of 29.7 based on its EPS guidance of 4.17.

  • The company has a price to earnings growth (PEG) ratio of 2.58.

  • Its Price to Book (P/B) ratio is 16.63

Enphase Energy Has Irregular Cash Flows

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 915,044 106,755 808,289 15.74
2022 744,817 46,443 698,374 132.97
2021 352,028 52,258 299,770 53.12
2020 216,334 20,558 195,776 57.53
2019 139,067 14,788 124,279 937.3
2018 16,132 4,151 11,981

The firm's free cash flows have a decent average of $356.41 Million over the last 6 years. The compounded average growth rate over this period is 61.7%, with a year-on-year growth variability coefficient of 196.79%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.