Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Enphase EnergyMEX:ENPH +1.80%70 Debt-to-EBITDA is 1.77 as of Jun. 2026, which is 24% below its 10-year median of 2.33. 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. Among 722 Semiconductors companies, Enphase Energy ranks worse than 62.33% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Enphase Energy's Debt-to-EBITDA or its related term are showing as below:
MEX:ENPH'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.77 Med: 2.33 Max: 10.84
Current: 2.35
During the past 13 years, the highest Debt-to-EBITDA Ratio of Enphase Energy was 10.84. The lowest was -1.77. And the median was 2.33.
MEX:ENPH's Debt-to-EBITDA is ranked worse than 62.33% of 722
companies
in the Semiconductors industry
Industry Median: 1.425
vs MEX:ENPH: 2.35
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Enphase Energy Debt-to-EBITDA Related Terms
Enphase Energy Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Enphase Energy's Debt-to-EBITDA 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.
MEX:ENPH vs SEDG, RUN, SHLS: Debt-to-EBITDA Comparison
For the Solar subindustry, Enphase Energy's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Enphase Energy's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Enphase Energy's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Enphase Energy (MEX:ENPH) has a Debt-to-EBITDA of 1.77 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Enphase Energy. This is 24% below median its historical median of 2.33. According to the industry distribution chart, Enphase Energy ranks #450 out of 722 companies in the Semiconductors industry, placing it in the top 62.3%.
Is Enphase Energy's Debt-to-EBITDA too high?
Enphase Energy's current Debt-to-EBITDA of 1.77 is 24% below median its 10-year median of 2.33. The Semiconductors industry median Debt-to-EBITDA is 1.43. Enphase Energy's value of 1.77 is 24.2% above this industry median. Based on the distribution chart, Enphase Energy ranks #450 out of 722 companies in the Semiconductors industry, which is below the industry midpoint. 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 Debt-to-EBITDA compare to SEDG and RUN?
According to the Semiconductors industry distribution chart, Enphase Energy ranks #450 out of 722 companies for Debt-to-EBITDA. This places Enphase Energy in the lower half of its industry. The industry median Debt-to-EBITDA is 1.43. Enphase Energy's value of 1.77 is 24.2% above this benchmark. While the company's 10-year median is 2.33 vs. the industry median of 1.43, Enphase Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.43, based on 722 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enphase Energy's current Debt-to-EBITDA of 1.77 is 24.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Enphase Energy. For the Semiconductors industry, the median Debt-to-EBITDA is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enphase Energy's current Debt-to-EBITDA is 1.77, which is 24% below median its own 10-year median of 2.33. 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 Debt-to-EBITDA is 1.77, which is 24% below median its 10-year median of 2.33 and 24.2% above the Semiconductors industry median of 1.43. 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 Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Enphase Energy (MEX:ENPH), the current Debt-to-EBITDA is 1.77 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:
Debt-to-EBITDA: 1.77 (24% below median its 10-year median of 2.33)
GF Value™: MXN999.47 vs. price of MXN656.75 (34.3% below fair value)
Industry Position: 24.2% above the Semiconductors median (#450 of 722)
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 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
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:ENPH has been successfully added to your 
