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Enphase EnergyENPH -6.20%76 EV-to-EBITDA is 19.44 as of Aug. 05, 2026, which is 51% below its 10-year median of 39.81. GuruFocus rates ENPH with a GF Score™ of 76/100 and a GF Value™ of $56.07 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 753 Semiconductors companies, Enphase Energy ranks better than 55.11% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Enphase Energy's enterprise value is $4,822 Mil.
Enphase Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $248 Mil. Therefore, Enphase Energy's EV-to-EBITDA for today is 19.44.
The historical rank and industry rank for Enphase Energy's EV-to-EBITDA or its related term are showing as below:
ENPH'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -419.18 Med: 39.81 Max: 238.51
Current: 19.44
During the past 13 years, the highest EV-to-EBITDA of Enphase Energy was 238.51. The lowest was -419.18. And the median was 39.81.
ENPH's EV-to-EBITDA is ranked better than 55.11% of 753
companies
in the Semiconductors industry
Industry Median: 24.34
vs ENPH: 19.44
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Enphase Energy (NAS:ENPH) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Enphase Energy's PE Ratio (TTM) for today is calculated as:
Enphase Energy's share price for today is $39.18.
Enphase Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.000.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Enphase Energy's EV-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.
For the Solar subindustry, Enphase Energy's EV-to-EBITDA, along with its competitors' market caps and EV-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 EV-to-EBITDA vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Enphase Energy's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Enphase Energy's EV-to-EBITDA falls into.
Enphase Energy's current Enterprise Value is $4,822 Mil.
Enphase Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $248 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 (ENPH) has a EV-to-EBITDA of 19.44 as of Aug. 05, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Enphase Energy. This is 51% below median its historical median of 39.81. According to the industry distribution chart, Enphase Energy ranks #338 out of 753 companies in the Semiconductors industry, placing it in the top 44.9%.
Is Enphase Energy's EV-to-EBITDA too high?
Enphase Energy's current EV-to-EBITDA of 19.44 is 51% below median its 10-year median of 39.81. The Semiconductors industry median EV-to-EBITDA is 24.34. Enphase Energy's value of 19.44 is 20.1% below this industry median. Based on the distribution chart, Enphase Energy ranks #338 out of 753 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Enphase Energy has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enphase Energy's EV-to-EBITDA compare to SEDG and RUN?
According to the Semiconductors industry distribution chart, Enphase Energy ranks #338 out of 753 companies for EV-to-EBITDA. This puts Enphase Energy in the upper half of its industry. The industry median EV-to-EBITDA is 24.34. Enphase Energy's value of 19.44 is 20.1% below this benchmark. While the company's 10-year median is 39.81 vs. the industry median of 24.34, Enphase Energy has consistently been below 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-EBITDA for a Semiconductors company?
The median EV-to-EBITDA among Semiconductors companies is 24.34, based on 753 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enphase Energy's current EV-to-EBITDA of 19.44 is 20.1% below 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Enphase Energy. For the Semiconductors industry, the median EV-to-EBITDA is 24.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enphase Energy's current EV-to-EBITDA is 19.44, which is 51% below median its own 10-year median of 39.81. 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 (ENPH) is currently considered Significantly Undervalued. The stock's GF Value™ is $56.07, compared to a current price of $39.18 — trading 30.1% below its estimated fair value. The current EV-to-EBITDA is 19.44, which is 51% below median its 10-year median of 39.81 and 20.1% below the Semiconductors industry median of 24.34. Enphase Energy's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Enphase Energy (ENPH), the current EV-to-EBITDA is 19.44 as of Aug. 05, 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 (ENPH) Overvalued in 2026?
Based on GuruFocus' analysis, Enphase Energy stock appears to be undervalued.
The current stock price of $39.18 is trading 30.1% below its estimated GF Value™ of $56.07.
GuruFocus considers Enphase Energy to be Significantly Undervalued.
Key valuation signals for ENPH:
EV-to-EBITDA: 19.44 (51% below median its 10-year median of 39.81)
GF Value™: $56.07 vs. price of $39.18 (30.1% below fair value)
Industry Position: 20.1% below the Semiconductors median (#338 of 753)
No single metric tells the full story. See the 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.
76GF Score
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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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