Is the price fair?
What ENPH's price assumes
Enphase Energy, Inc. trades at 38.7× earnings against 22.3× for the median Solar name, more expensive than its own group.
38.7
Trailing P/E · Solar median 22.3 · 1.74× the median: the market pays up for this one
- Price / sales
- 3.55
Price / sales · as of 2026-Q1
- Free cash flow yield
- 2.3%
Free cash flow yield · Solar median 3.0%
- Growth the price implies
- +16%
Growth the price implies · The price pays for +16% free cash flow growth a year for a decade; the business has delivered −44% a year over the last three.
Details›
- Price / book2026-Q1
- 4.50
- EV / EBIT2026-Q1
- 52.5
- EV / sales2026-Q1
- 3.60
- Technology median P/E365 names
- 36.5
- Solar median P/E8 names
- 22.3
- Free cash flow, trailing twelve months
- $145M
- Market capitalisation
- $6.22B
- 3-year revenue growth
- −19%
- 3-year free cash flow growth
- −44%
| Method | Per share |
|---|---|
| What its own history would imply | not meaningful, 29.6× today against a 122× median |
| 52-week range | $26.12 – $72.33 |
| Today | $38.74 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.