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 offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control. It also provides microinverter units and related accessories, an IQ gateway; IQ batteries; the cloud-based Enlighten monitoring service; storage solutions; and electric vehicle charging solutions, as well as design, proposal, permitting, and lead generation services. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.
Metrics to compare | ENPH | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipENPHPeersSector | |
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P/E Ratio | 160.6x | −5.5x | 11.3x | |
PEG Ratio | −1.80 | −0.09 | 0.01 | |
Price / Book | 10.6x | 1.7x | 2.4x | |
Price / LTM Sales | 7.9x | 4.8x | 2.2x | |
Upside (Analyst Target) | - | 31.9% | 19.8% | |
Fair Value Upside | Unlock | 9.9% | 3.2% | Unlock |