Enphase Energy Stock

Enphase Energy EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Enphase Energy (ENPH) as of Aug 24, 2026 is 34.56. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 73.63 — a change of -53.06% (lower).

EV/EBIT

34.56

YoY

-53.06%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Enphase Energy is 2026 34.56 . EV/EBIT (Enterprise Value to EBIT) of Enphase Energy was 2025 73.63 . It decreases by -53.06% lower compared to the previous year.

The Enphase Energy EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/EBIT
Date
EV/EBIT
Jan 1, 2019
57.02 USD
Jan 1, 2020
30.53 USD
Jan 1, 2021
26.37 USD
Jan 1, 2022
12.70 USD
Jan 1, 2023
12.77 USD
Jan 1, 2024
73.63 USD
Jan 1, 2025
34.56 USD
Jan 1, 2026 (e)
27.64 USD
The Enphase Energy EV/EBIT history
YEAREV/EBITYoY
est27.64-20.03%
34.56-53.06%
73.63+476.70%
12.77+0.57%
12.70-51.85%
26.37-13.62%
30.53-46.47%
57.02-98.40%
3,565.85-2,426.38%
-153.28+70.26%
-90.03-69.45%
-294.74-77.06%
-1,284.96+16,964.55%
-7.53+151.84%
-2.99
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Enphase Energy Valuation

Details

Historical Valuation Multiples

Price-to-Earnings Ratio (P/E)

The P/E ratio divides Enphase Energy's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Enphase Energy's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Enphase Energy's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Enphase Energy grows earnings faster than its peers.

Enphase Energy Stock analysis

What does Enphase Energy do? Enphase Energy Inc is a leading provider of energy solutions for the global market. The company was founded in 2006 by Martin Fornage and Raghu Belur and is headquartered in Petaluma, California. Enphase Energy specializes in the development and manufacturing of innovative inverters. These devices convert the DC voltage generated from solar energy into AC power that can be fed into the electrical grid. The company aims to make the use of solar energy simpler, safer, and more profitable. Enphase Energy Inc has developed a unique technology that allows for the individual monitoring of each solar panel, maximizing solar energy output. This technology is achieved through the patented micro-inverter system, which can regulate each solar panel independently of others. This improves the performance and efficiency of solar systems. Enphase Energy Inc's business model includes a wide range of products, from inverters to monitoring and control solutions. The company also offers training, technical support, and other services to provide comprehensive support to its customers in the field of solar energy. The different divisions of Enphase Energy Inc include: Ensemble: The Ensemble system is a solar and storage solution designed to enhance the energy supply for homes and businesses. It consists of a micro-inverter system, an energy storage system, and intelligent software that controls and optimizes the entire system. IQ: The IQ series of inverters is a high-tech solution specifically designed for residential and small commercial installations. IQ inverters are capable of maximizing the overall performance of solar panels through individual monitoring and optimization. Other products: Enphase Energy Inc also offers a range of products that contribute to making solar systems safer, more efficient, and smarter. These include monitoring systems, solar panels, and accessories. Enphase Energy Inc has become a key player in the global solar energy market. The company has expanded its presence in North America, Europe, and Asia and works closely with partners and customers to develop customized solutions that enable higher efficiency and profitability of solar systems. Enphase Energy Inc has received numerous awards and recognition, including the Intersolar Award, the Edison Award, and the Solar Power World Top Solar Contractor Award. The company aims to further promote the use of solar energy and shape a sustainable energy future. Enphase Energy is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Enphase Energy stock

EV/EBIT (Enterprise Value to EBIT) of Enphase Energy is 34.56 in 2026.

EV/EBIT (Enterprise Value to EBIT) of Enphase Energy changed from 73.63 to 34.56, representing a -53.06% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Enphase Energy since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Enphase Energy with sector peers and the industry average to assess whether it is attractive.

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Valuation — Enphase Energy

All Key Metrics — Enphase Energy