← boothcheck

Is ENPH overvalued?

boothcheck doesn't label ENPH overvalued or undervalued, and it doesn't publish a fair value. It shows what the price assumes instead. At today's price, ENPH is priced for today's economics sustained for about 15 years, and an operating margin near 7.9% versus the 7.5% it earns today. The price is justified by relative-multiple; asset-based/earnings-power land below the price. The more the price assumes beyond what Enphase Energy, Inc. has actually delivered, the more has to go right to justify it. Whether that bar is too high is your call, and the full bull and bear cases are in the report.

Derived from Enphase Energy, Inc.'s SEC EDGAR filings via a reverse-DCF inversion. Last analyzed July 3, 2026.

Implied growth
For about15 yrs
Margin needed7.9%
Margin today7.5%
Price vs asset value3.32x
Price vs earnings power3.07x
Price vs peer multiples1.23x
Price vs forward growth1.49x
Read the full ENPH report →
Get boothcheck's read on what ENPH's price is betting on, in your inbox when it moves. No hype, no spam.
Free. Informational only, not investment advice. Unsubscribe anytime.

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.