ENPH - Enphase Energy, Inc.
NASDAQ
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Solar
Fremont,
United States
Type: Equity
ENPH price evolution
ENPH
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $288.75 | $290.07 | $278.68 | $286.05 |
| Short term investments | $1406.29 | $1493.81 | $1521.82 | $1492.35 |
| Net receivables | $445.96 | $560.29 | $520.31 | $516.11 |
| Inventory | $213.59 | $174.11 | $166.11 | $150.56 |
| Total current assets | $2443.52 | $2598.63 | $2560.79 | $2512.63 |
| Long term investments | ||||
| Property, plant & equipment | $188.13 | $194.17 | $174.61 | $154.91 |
| Goodwill & intangible assets | $283.1 | $292.34 | $300.25 | $306.64 |
| Total noncurrent assets | $939.49 | $955.31 | $905.09 | $868.22 |
| Total investments | $1406.29 | $1493.81 | $1521.82 | $1492.35 |
| Total assets | $3383.01 | $3553.94 | $3465.88 | $3380.85 |
| Current liabilities | ||||
| Accounts payable | $116.16 | $90.12 | $79.08 | $106.15 |
| Deferred revenue | $487.47 | $480.06 | $463.47 | $422.31 |
| Short long term debt | $94.67 | $93.38 | $92.11 | |
| Total current liabilities | $532.45 | $774.39 | $743.61 | $729.29 |
| Long term debt | $1293.74 | $1196.95 | $1201.11 | $1200.28 |
| Total noncurrent liabilities | $1866.94 | $1764.86 | $1749.69 | $1681.47 |
| Total debt | $1293.74 | $1291.61 | $1294.5 | $1292.39 |
| Total liabilities | $2399.39 | $2539.24 | $2493.3 | $2410.76 |
| Shareholders' equity | ||||
| Retained earnings | $46.27 | $125.35 | $189.54 | $164.21 |
| Other shareholder equity | $983.62 | -$9.76 | -$6.85 | -$6.73 |
| Total shareholder equity | $983.62 | $1014.7 | $972.59 | $970.09 |
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $288.75 | $473.24 | $119.32 | $679.38 |
| Short term investments | $1406.29 | $1139.6 | $897.34 | |
| Net receivables | $445.96 | $473.03 | $333.63 | $182.16 |
| Inventory | $213.59 | $149.71 | $74.4 | $41.76 |
| Total current assets | $2443.52 | $2264.27 | $1462.46 | $933.06 |
| Long term investments | $5 | |||
| Property, plant & equipment | $188.13 | $132.75 | $96.59 | $60.67 |
| Goodwill & intangible assets | $283.1 | $313.1 | $279.01 | $53.59 |
| Total noncurrent assets | $939.49 | $820.01 | $616.79 | $267.04 |
| Total investments | $1406.29 | $1139.6 | $897.34 | |
| Total assets | $3383.01 | $3084.28 | $2079.26 | $1200.1 |
| Current liabilities | ||||
| Accounts payable | $116.16 | $125.08 | $113.77 | $72.61 |
| Deferred revenue | $487.47 | $372.36 | $249.86 | $173.14 |
| Short long term debt | $90.89 | $86.05 | $325.97 | |
| Total current liabilities | $532.45 | $638.22 | $439.8 | $534.04 |
| Long term debt | $1293.74 | $1199.46 | $951.59 | $4.9 |
| Total noncurrent liabilities | $1866.94 | $1620.49 | $1209.29 | $182.07 |
| Total debt | $1293.74 | $1290.36 | $1037.65 | $330.87 |
| Total liabilities | $2399.39 | $2258.71 | $1649.09 | $716.11 |
| Shareholders' equity | ||||
| Retained earnings | $46.27 | $17.34 | -$405.74 | -$51.19 |
| Other shareholder equity | $983.62 | -$10.88 | -$2.02 | $0.43 |
| Total shareholder equity | $983.62 | $825.57 | $430.17 | $483.99 |
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $302.57 | $551.08 | $711.12 | $726.02 |
| Cost of revenue | $289.07 | $387.78 | $399.64 | |
| Gross Profit | $146.66 | $262.01 | $323.34 | $326.37 |
| Operating activities | ||||
| Research & development | $54.87 | $60.04 | $57.13 | |
| Selling, general & administrative | $89.15 | $92.8 | $100.89 | |
| Total operating expenses | $142.08 | $144.02 | $153.02 | $158.71 |
| Operating income | $117.99 | $170.32 | $167.66 | |
| Income from continuing operations | ||||
| EBIT | $139.54 | $186.81 | $181.13 | |
| Income tax expense | -$8.69 | $23.39 | $27.4 | $32.1 |
| Interest expense | $18.23 | $2.2 | $2.22 | $2.16 |
| Net income | ||||
| Net income | $20.92 | $113.95 | $157.19 | $146.87 |
| Income (for common shares) | $113.95 | $157.19 | $146.87 | |
| (in millions $) | 31 Jan 2024 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $2290.79 | $2330.85 | $1382.05 | $774.42 |
| Cost of revenue | $1356.26 | $827.63 | $428.44 | |
| Gross Profit | $1058.39 | $974.6 | $554.42 | $345.98 |
| Operating activities | ||||
| Research & development | $168.85 | $105.53 | $55.92 | |
| Selling, general & administrative | $355.1 | $233.06 | $103.62 | |
| Total operating expenses | $596.96 | $526.33 | $338.59 | $159.54 |
| Operating income | $448.26 | $215.83 | $186.44 | |
| Income from continuing operations | ||||
| EBIT | $461.49 | $166.08 | $140.41 | |
| Income tax expense | $74.2 | $54.69 | -$24.52 | -$14.59 |
| Interest expense | $60.89 | $9.44 | $45.15 | $21 |
| Net income | ||||
| Net income | $438.94 | $397.36 | $145.45 | $134 |
| Income (for common shares) | $397.36 | $145.45 | $134 | |
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $113.95 | $157.19 | $146.87 | |
| Operating activities | ||||
| Depreciation | $19.45 | $17.83 | $16.59 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $43.81 | $54.17 | $59.66 | |
| Total cash flows from operations | $145.85 | $269.24 | $246.23 | |
| Investing activities | ||||
| Capital expenditures | -$23.85 | -$44 | -$22.48 | |
| Investments | $9.04 | -$20.05 | -$341.05 | |
| Total cash flows from investing | -$366.36 | -$14.81 | -$64.05 | -$363.53 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$109.28 | -$199.44 | $0.04 | |
| Net borrowings | ||||
| Total cash flows from financing | -$516.77 | -$117.75 | -$212.23 | -$71.81 |
| Effect of exchange rate | $1.85 | -$1.9 | -$0.33 | $1.9 |
| Change in cash and equivalents | -$184.5 | $11.4 | -$7.37 | -$187.2 |
| (in millions $) | 31 Jan 2024 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $397.36 | $145.45 | $134 | |
| Operating activities | ||||
| Depreciation | $58.77 | $32.44 | $18.1 | |
| Business acquisitions & disposals | -$62.16 | -$235.65 | ||
| Stock-based compensation | $216.8 | $114.29 | $42.5 | |
| Total cash flows from operations | $744.82 | $352.03 | $216.33 | |
| Investing activities | ||||
| Capital expenditures | -$46.44 | -$52.51 | -$20.56 | |
| Investments | -$263.3 | -$931.39 | -$5.01 | |
| Total cash flows from investing | -$366.36 | -$371.91 | -$1219.55 | -$25.57 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $10.37 | -$492.52 | $8.39 | |
| Net borrowings | $896.5 | $269.12 | ||
| Total cash flows from financing | -$516.77 | -$17.13 | $309.41 | $191.68 |
| Effect of exchange rate | $1.85 | -$1.86 | -$1.96 | $0.83 |
| Change in cash and equivalents | -$184.5 | $353.93 | -$560.06 | $383.27 |
News
Fundamentals
| Market cap | $14.91B |
|---|---|
| Enterprise value | $15.91B |
| Shares outstanding | 136.55M |
| Revenue | $2.29B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $438.94M |
| Revenue Q/Q | -58.25% |
| Revenue Y/Y | -1.72% |
| P/E ratio | 33.96 |
|---|---|
| EV/Sales | 6.95 |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 6.51 |
| P/B ratio | InfinityT |
| Book/Share | 0.00 |
| Cash/Share | 2.11 |
| EPS | $3.21 |
|---|---|
| ROA | 12.74% |
| ROE | 44.55% |
| Debt/Equity | 2.44 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 4.59 |
| Quick ratio | 4.19 |