Enphase Energy (XSWX:ENPH) EV-to-EBIT: 33.72 (As of Jul. 22, 2026) — 23% Below Median

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XSWX:ENPH Enphase Energy Inc XSWX:ENPH
72 GF Score
Price CHF32.52
GF Value CHF50.83
! 5 Warning Signs
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What is Enphase Energy EV-to-EBIT?

Enphase Energy XSWX:ENPH +0.20% 72 EV-to-EBIT is 33.72 as of Jul. 22, 2026, which is 23% below its 10-year median of 43.85. GuruFocus rates XSWX:ENPH with a GF Score™ of 72/100 and a GF Value™ of CHF50.83. The stock has 5 warning signs investors should review. Among 684 Semiconductors companies, Enphase Energy ranks worse than 50.44% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Enphase Energy's Enterprise Value is CHF3,981 Mil. Enphase Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was CHF118 Mil. Therefore, Enphase Energy's EV-to-EBIT for today is 33.72.

The historical rank and industry rank for Enphase Energy's EV-to-EBIT or its related term are showing as below:

XSWX:ENPH' s EV-to-EBIT Range Over the Past 10 Years
Min: -102.38   Med: 43.85   Max: 2664.24
Current: 33.42

During the past 13 years, the highest EV-to-EBIT of Enphase Energy was 2664.24. The lowest was -102.38. And the median was 43.85.

XSWX:ENPH's EV-to-EBIT is ranked worse than
50.44% of 684 companies
in the Semiconductors industry
Industry Median: 32.84 vs XSWX:ENPH: 33.42

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Enphase Energy's Enterprise Value for the quarter that ended in Mar. 2026 was CHF3,661 Mil. Enphase Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was CHF118 Mil. Enphase Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.22%.


Enphase Energy  (XSWX:ENPH) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Enphase Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=118.044/3661.20408
=3.22 %

Enphase Energy's Enterprise Value for the quarter that ended in Mar. 2026 was CHF3,661 Mil.
Enphase Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF118 Mil.

* 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 EV-to-EBIT Related Terms


Enphase Energy EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Enphase Energy's EV-to-EBIT 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 EV-to-EBIT Chart

Enphase Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.64 77.65 33.60 68.04 18.63

Enphase Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT 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 42.08 22.42 18.04 18.63 31.48

XSWX:ENPH vs RUN, SEDG, SHLS: EV-to-EBIT Comparison

For the Solar subindustry, Enphase Energy's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Enphase Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Enphase Energy's EV-to-EBIT falls into.


XSWX:ENPH
72GF Score
Enphase Energy Inc XSWX:ENPH
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Enphase Energy EV-to-EBIT Calculation

Enphase Energy's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3980.882/118.044
=33.72

Enphase Energy's current Enterprise Value is CHF3,981 Mil.
Enphase Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF118 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 33.72 mean?
Enphase Energy (XSWX:ENPH) has a EV-to-EBIT of 33.72 as of Jul. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Enphase Energy and its competitors. This is 23% below median its historical median of 43.85. According to the industry distribution chart, Enphase Energy ranks #345 out of 684 companies in the Semiconductors industry, placing it in the top 50.4%.
Is Enphase Energy's EV-to-EBIT too high?
Enphase Energy's current EV-to-EBIT of 33.72 is 23% below median its 10-year median of 43.85. The Semiconductors industry median EV-to-EBIT is 32.84. Enphase Energy's value of 33.72 is 2.7% above this industry median. Based on the distribution chart, Enphase Energy ranks #345 out of 684 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Enphase Energy has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Enphase Energy's EV-to-EBIT compare to RUN and SEDG?
According to the Semiconductors industry distribution chart, Enphase Energy ranks #345 out of 684 companies for EV-to-EBIT. This places Enphase Energy in the lower half of its industry. The industry median EV-to-EBIT is 32.84. Enphase Energy's value of 33.72 is 2.7% above this benchmark. While the company's 10-year median is 43.85 vs. the industry median of 32.84, 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 EV-to-EBIT for a Semiconductors company?
The median EV-to-EBIT among Semiconductors companies is 32.84, based on 684 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enphase Energy's current EV-to-EBIT of 33.72 is 2.7% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Enphase Energy and its competitors. For the Semiconductors industry, the median EV-to-EBIT is 32.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enphase Energy's current EV-to-EBIT is 33.72, which is 23% below median its own 10-year median of 43.85. 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?
Enphase Energy (XSWX:ENPH) has a current EV-to-EBIT of 33.72. The stock's GF Value™ is CHF50.83, compared to a current price of CHF32.52 — trading 36% below its estimated fair value. The current EV-to-EBIT is 33.72, which is 23% below median its 10-year median of 43.85 and 2.7% above the Semiconductors industry median of 32.84. Enphase Energy's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Enphase Energy (XSWX:ENPH), the current EV-to-EBIT is 33.72 as of Jul. 22, 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 (XSWX:ENPH) Overvalued in 2026?

Based on GuruFocus' analysis, Enphase Energy stock appears to be undervalued. The current stock price of CHF32.52 is trading 36% below its estimated GF Value™ of CHF50.83.

Key valuation signals for XSWX:ENPH:

  • EV-to-EBIT: 33.72 (23% below median its 10-year median of 43.85)
  • GF Value™: CHF50.83 vs. price of CHF32.52 (36% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 2.7% above the Semiconductors median (#345 of 684)

No single metric tells the full story. See the XSWX: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.
72GF Score

Get the complete analysis for XSWX:ENPH

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF32.52
Price
CHF50.83
GF Value