ENPH
Enphase Energy Inc
Price:
49.04
USD
Volume:
4,361,837
United States | Semiconductors & Semiconductor Equipment
Discounted Cash Flow
Trading Multiples
Peter Lynch Fair Value
Earnings Power Value
Dividend Discount Model
WACC
ENPH DCF Valuation - Growth Exit 5Y
-66.5 %
Upside
What is the DCF valuation of ENPH?
The Discounted Cash Flow (DCF) valuation of Enphase Energy Inc (ENPH) is 16.43 USD. With the latest stock price at 49.04 USD, the upside of Enphase Energy Inc based on DCF is -66.5%.
Is ENPH a buy or a sell?
Based on the latest price of 49.04 USD and our DCF valuation, Enphase Energy Inc (ENPH) is a sell. Selling ENPH stocks now will result in a potential gain of 66.5%.
| Range | Selected | |
| WACC / Discount Rate | 7.5% - 10.2% | 8.9% |
| Long-term Growth Rate | 3.0% - 5.0% | 4.0% |
| Fair Price | 9.22 - 36.87 | 16.43 |
| Upside | -81.2% - -24.8% | -66.5% |
49.04 USD
Stock Price
16.43 USD
Fair Price
| (USD in millions) | Projections | |||||
| 12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
| Revenue | 1,330 | 1,577 | 1,775 | 2,002 | 2,338 | 2,649 |
| % Growth | 42% | 19% | 13% | 13% | 17% | 13% |
| Cost of goods sold | (701) | (790) | (844) | (905) | (1,004) | (1,080) |
| % of Revenue | 53% | 50% | 48% | 45% | 43% | 41% |
| Selling, G&A expenses | (324) | (384) | (432) | (487) | (569) | (644) |
| % of Revenue | 24% | 24% | 24% | 24% | 24% | 24% |
| Research & Development | (201) | (239) | (269) | (303) | (354) | (401) |
| % of Revenue | 15% | 15% | 15% | 15% | 15% | 15% |
| Net interest & other expenses | 16 | 19 | 21 | 24 | 28 | 32 |
| % of Revenue | 1% | 1% | 1% | 1% | 1% | 1% |
| Tax expense | (18) | (27) | (36) | (48) | (64) | (80) |
| Tax rate | 15% | 14% | 14% | 14% | 14% | 14% |
| Net profit | 103 | 157 | 215 | 283 | 376 | 475 |
| % Margin | 8% | 10% | 12% | 14% | 16% | 18% |