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Enphase EnergyXSWX:ENPH +1.11%72 EV-to-EBITDA is 21.59 as of Jul. 23, 2026, which is 46% below its 10-year median of 39.81. GuruFocus rates XSWX:ENPH with a GF Score™ of 72/100 and a GF Value™ of CHF51.27. The stock has 5 warning signs investors should review. Among 748 Semiconductors companies, Enphase Energy ranks better than 56.42% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Enphase Energy's enterprise value is CHF3,955 Mil.
Enphase Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was CHF183 Mil. Therefore, Enphase Energy's EV-to-EBITDA for today is 21.59.
The historical rank and industry rank for Enphase Energy's EV-to-EBITDA or its related term are showing as below:
XSWX:ENPH'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -419.18 Med: 39.81 Max: 238.51
Current: 21.28
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.
XSWX:ENPH's EV-to-EBITDA is ranked better than 56.42% of 748
companies
in the Semiconductors industry
Industry Median: 25.86
vs XSWX:ENPH: 21.28
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.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Enphase Energy (XSWX: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 CHF32.875.
Enphase Energy's Earnings per Share (Diluted) 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 CHF0.810.
* 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.
XSWX:ENPH vs RUN, SEDG, SHLS: EV-to-EBITDA Comparison
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 CHF3,955 Mil.
Enphase Energy's EBITDA 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 CHF183 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 (XSWX:ENPH) has a EV-to-EBITDA of 21.59 as of Jul. 23, 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 46% below median its historical median of 39.81. According to the industry distribution chart, Enphase Energy ranks #326 out of 748 companies in the Semiconductors industry, placing it in the top 43.6%.
Is Enphase Energy's EV-to-EBITDA too high?
Enphase Energy's current EV-to-EBITDA of 21.59 is 46% below median its 10-year median of 39.81. The Semiconductors industry median EV-to-EBITDA is 25.86. Enphase Energy's value of 21.59 is 16.5% below this industry median. Based on the distribution chart, Enphase Energy ranks #326 out of 748 companies in the Semiconductors industry, which is above 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-EBITDA compare to RUN and SEDG?
According to the Semiconductors industry distribution chart, Enphase Energy ranks #326 out of 748 companies for EV-to-EBITDA. This puts Enphase Energy in the upper half of its industry. The industry median EV-to-EBITDA is 25.86. Enphase Energy's value of 21.59 is 16.5% below this benchmark. While the company's 10-year median is 39.81 vs. the industry median of 25.86, 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 25.86, based on 748 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 21.59 is 16.5% 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 25.86 — 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 21.59, which is 46% 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?
Enphase Energy (XSWX:ENPH) has a current EV-to-EBITDA of 21.59. The stock's GF Value™ is CHF51.27, compared to a current price of CHF32.88 — trading 35.9% below its estimated fair value. The current EV-to-EBITDA is 21.59, which is 46% below median its 10-year median of 39.81 and 16.5% below the Semiconductors industry median of 25.86. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Enphase Energy (XSWX:ENPH), the current EV-to-EBITDA is 21.59 as of Jul. 23, 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 CHF32.88 is trading 35.9% below its estimated GF Value™ of CHF51.27.
Key valuation signals for XSWX:ENPH:
EV-to-EBITDA: 21.59 (46% below median its 10-year median of 39.81)
GF Value™: CHF51.27 vs. price of CHF32.88 (35.9% below fair value)
Industry Position: 16.5% below the Semiconductors median (#326 of 748)
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 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-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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