ENPHASE ENERGY, INC.

ENPH
Delayed Quote. Delayed  - 01/24 04:00:00 pm
128.1USD +1.65%
Valuation
Fiscal Period: December 2020 2021
Capitalization1 22 16817 282
Enterprise Value (EV)1 21 81917 198
P/E ratio 185x155x
Yield --
Capitalization / Revenue 28,6x12,6x
EV / Revenue 28,2x12,6x
EV / EBITDA 107x48,1x
Price to Book 46,8x26,0x
Nbr of stocks (in thousands) 126 333134 912
Reference price (USD) 175128
Announcement Date 02/09/2021-
Previous period Next period
1 USD in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2020 2021
Net sales1 7741 369
EBITDA1 204357
Operating profit (EBIT)1 186202
Operating Margin 24,1%14,8%
Pre-Tax Profit (EBT)1 119114
Net income1 134118
Net margin 17,3%8,65%
EPS2 0,950,83
Dividend per Share2 --
Announcement Date 02/09/2021-
Previous period Next period
1 USD in Million
2 USD
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 --
Net Cash position1 34984,3
Leverage (Debt / EBITDA) -1,71x-0,24x
Free Cash Flow1 196272
ROE (Net Profit / Equities) 35,4%18,0%
Shareholders' equity1 378660
ROA (Net Profit / Asset) 14,0%10,8%
Assets1 9571 093
Book Value Per Share2 3,754,93
Cash Flow per Share2 1,521,96
Capex1 20,651,0
Capex / Sales 2,65%3,72%
Announcement Date 02/09/2021-
Previous period Next period
1 USD in Million
2 USD
Financial Ratios
Size 2021e 2022e
Capitalization 17 282 M $ -
Enterprise Value (EV) 17 198 M $ 16 823 M $
Valuation 2021e 2022e
P/E ratio (Price / EPS) 155x 90,2x
Capitalization / Revenue 12,6x 9,00x
EV / Revenue 12,6x 8,96x
EV / EBITDA 48,1x 33,7x
Yield (DPS / Price) - -
Price to book (Price / BVPS) 26,0x 17,3x
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 14,8% 14,8%
Operating Leverage (Delta EBIT / Delta Sales) 0,11x 1,01x
Net Margin (Net Profit / Revenue) 8,65% 11,0%
ROA (Net Profit / Asset) 10,8% 12,4%
ROE (Net Profit / Equities) 18,0% 28,5%
Rate of Dividend - -
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   3,72% 2,52%
Cash Flow / Sales 19,3% 19,3%
Capital Intensity (Assets / Sales) 0,80x 0,89x
Financial Leverage (Net Debt / EBITDA) - -
Price Earning Ratio
Change in Enterprise Value/EBITDA
EPS & Dividend