Quick Look at Enphase Energy (ENPH)

By Chris Stiles • Monday, December 18 17:56 • Permanent Link

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.