Enphase Energy (MEX:ENPH) Cyclically Adjusted Revenue per Share: MXN177.52 (As of Jun. 2026)

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MEX:ENPH Enphase Energy Inc MEX:ENPH
70 GF Score
Price MXN656.75
GF Value MXN999.47
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Enphase Energy Cyclically Adjusted Revenue per Share?

Enphase Energy MEX:ENPH +1.80% 70 Cyclically Adjusted Revenue per Share is MXN177.52 as of Jun. 2026. GuruFocus rates MEX:ENPH with a GF Score™ of 70/100 and a GF Value™ of MXN999.47 (Significantly Undervalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Enphase Energy's adjusted revenue per share for the three months ended in Jun. 2026 was MXN37.689. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN177.52 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Enphase Energy's average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -7.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Enphase Energy was 6.10% per year. The lowest was -27.80% per year. And the median was -9.95% per year.

As of today (2026-08-01), Enphase Energy's current stock price is MXN656.75. Enphase Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN177.52. Enphase Energy's Cyclically Adjusted PS Ratio of today is 3.70.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Enphase Energy was 43.13. The lowest was 0.84. And the median was 10.28.


Enphase Energy  (MEX:ENPH) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Enphase Energy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=656.75/177.52
=3.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Enphase Energy was 43.13. The lowest was 0.84. And the median was 10.28.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Enphase Energy Cyclically Adjusted Revenue per Share Related Terms


Enphase Energy Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Enphase Energy's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enphase Energy Cyclically Adjusted Revenue per Share Chart

Enphase Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 201.37 158.40 158.44 198.40 173.85

Enphase Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 182.61 182.33 173.85 178.05 177.52

MEX:ENPH vs SEDG, RUN, SHLS: Cyclically Adjusted Revenue per Share Comparison

For the Solar subindustry, Enphase Energy's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Enphase Energy Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Enphase Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Enphase Energy's Cyclically Adjusted PS Ratio falls into.


MEX:ENPH
70GF Score
Enphase Energy Inc MEX:ENPH
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enphase Energy Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Enphase Energy's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=37.689/333.9520*333.9520
=37.689

Current CPI (Jun. 2026) = 333.9520.

Enphase Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 36.269 241.428 50.169
201612 30.145 241.432 41.697
201703 13.449 243.801 18.422
201706 15.993 244.955 21.804
201709 16.475 246.819 22.291
201712 18.242 246.524 24.711
201803 13.905 249.554 18.608
201806 15.324 251.989 20.308
201809 14.193 252.439 18.776
201812 16.982 251.233 22.573
201903 16.767 254.202 22.027
201906 19.702 256.143 25.687
201909 26.605 256.759 34.604
201912 29.731 256.974 38.637
202003 34.898 258.115 45.151
202006 23.070 257.797 29.885
202009 27.805 260.280 35.675
202012 35.826 260.474 45.932
202103 42.120 264.877 53.104
202106 44.452 271.696 54.638
202109 51.182 274.310 62.310
202112 59.523 278.802 71.297
202203 60.757 287.504 70.573
202206 74.215 296.311 83.643
202209 87.470 296.808 98.416
202212 97.175 296.797 109.340
202303 89.642 301.836 99.180
202306 84.021 305.109 91.964
202309 66.725 307.789 72.397
202312 37.239 306.746 40.542
202403 32.161 312.332 34.387
202406 40.841 314.175 43.412
202409 53.601 315.301 56.772
202412 52.752 315.605 55.819
202503 53.483 319.799 55.850
202506 50.569 322.561 52.355
202509 56.611 324.800 58.206
202512 44.400 324.054 45.756
202603 38.842 330.213 39.282
202606 37.689 333.952 37.689

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of MXN177.52 mean?
Enphase Energy (MEX:ENPH) has a Cyclically Adjusted Revenue per Share of MXN177.52 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Enphase Energy and its competitors.
Is Enphase Energy's Cyclically Adjusted Revenue per Share too high?
Enphase Energy's current Cyclically Adjusted Revenue per Share is MXN177.52. Overall, Enphase Energy has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enphase Energy's Cyclically Adjusted Revenue per Share compare to SEDG and RUN?
Enphase Energy's Cyclically Adjusted Revenue per Share of MXN177.52 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Semiconductors company?
A good Cyclically Adjusted Revenue per Share depends on the Semiconductors industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Enphase Energy and its competitors. Enphase Energy's current Cyclically Adjusted Revenue per Share is MXN177.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enphase Energy stock overvalued right now?
Based on GuruFocus' analysis, Enphase Energy (MEX:ENPH) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN999.47, compared to a current price of MXN656.75 — trading 34.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN177.52. Enphase Energy's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Enphase Energy (MEX:ENPH), the current Cyclically Adjusted Revenue per Share is MXN177.52 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Enphase Energy (MEX:ENPH) Overvalued in 2026?

Based on GuruFocus' analysis, Enphase Energy stock appears to be undervalued. The current stock price of MXN656.75 is trading 34.3% below its estimated GF Value™ of MXN999.47. GuruFocus considers Enphase Energy to be Significantly Undervalued.

Key valuation signals for MEX:ENPH:

  • Cyclically Adjusted Revenue per Share: MXN177.52
  • GF Value™: MXN999.47 vs. price of MXN656.75 (34.3% below fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the MEX:ENPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enphase Energy Business Description

Address 47281 Bayside Parkway, Fremont, CA, USA, 94538
Enphase Energy is a global energy technology company. It delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Enphase derives a majority of revenue from the United States.
70GF Score

Get the complete analysis for MEX:ENPH

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN656.75
Price
MXN999.47
GF Value