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Enphase EnergyXSWX:ENPH -1.20%72 Equity-to-Asset is 0.41 as of Jun. 2026, which is 46% above its 10-year median of 0.28. GuruFocus rates XSWX:ENPH with a GF Score™ of 72/100 and a GF Value™ of CHF45.92. The stock has 6 warning signs investors should review. Among 1,030 Semiconductors companies, Enphase Energy ranks worse than 77.48% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Enphase Energy's Total Stockholders Equity for the quarter that ended in Jun. 2026 was CHF945 Mil. Enphase Energy's Total Assets for the quarter that ended in Jun. 2026 was CHF2,333 Mil.
Therefore, Enphase Energy's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.41.
The historical rank and industry rank for Enphase Energy's Equity-to-Asset or its related term are showing as below:
XSWX:ENPH'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.15 Med: 0.28 Max: 0.41
Current: 0.41
During the past 13 years, the highest Equity to Asset Ratio of Enphase Energy was 0.41. The lowest was -0.15. And the median was 0.28.
XSWX:ENPH's Equity-to-Asset is ranked worse than 77.48% of 1030
companies
in the Semiconductors industry
Industry Median: 0.63
vs XSWX:ENPH: 0.41
Enphase Energy (XSWX:ENPH) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Enphase Energy Equity-to-Asset Related Terms
Enphase Energy Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Enphase Energy's Equity-to-Asset 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 SEDG, RUN, SHLS: Equity-to-Asset Comparison
For the Solar subindustry, Enphase Energy's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Enphase Energy's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Enphase Energy's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Enphase Energy's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.41 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Enphase Energy and its competitors. This is 46% above median its historical median of 0.28. According to the industry distribution chart, Enphase Energy ranks #798 out of 1030 companies in the Semiconductors industry, placing it in the top 77.5%.
Is Enphase Energy's Equity-to-Asset too high?
Enphase Energy's current Equity-to-Asset of 0.41 is 46% above median its 10-year median of 0.28. The Semiconductors industry median Equity-to-Asset is 0.63. Enphase Energy's value of 0.41 is 34.9% below this industry median. Based on the distribution chart, Enphase Energy ranks #798 out of 1030 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. 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 Equity-to-Asset compare to SEDG and RUN?
According to the Semiconductors industry distribution chart, Enphase Energy ranks #798 out of 1030 companies for Equity-to-Asset. This places Enphase Energy in the lower half of its industry. The industry median Equity-to-Asset is 0.63. Enphase Energy's value of 0.41 is 34.9% below this benchmark. While the company's 10-year median is 0.28 vs. the industry median of 0.63, 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 Equity-to-Asset for a Semiconductors company?
The median Equity-to-Asset among Semiconductors companies is 0.63, based on 1,030 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enphase Energy's current Equity-to-Asset of 0.41 is 34.9% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Enphase Energy and its competitors. For the Semiconductors industry, the median Equity-to-Asset is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enphase Energy's current Equity-to-Asset is 0.41, which is 46% above median its own 10-year median of 0.28. 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 Equity-to-Asset of 0.41. The stock's GF Value™ is CHF45.92, compared to a current price of CHF32.48 — trading 29.3% below its estimated fair value. The current Equity-to-Asset is 0.41, which is 46% above median its 10-year median of 0.28 and 34.9% below the Semiconductors industry median of 0.63. Enphase Energy's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Enphase Energy (XSWX:ENPH), the current Equity-to-Asset is 0.41 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 (XSWX:ENPH) Overvalued in 2026?
Based on GuruFocus' analysis, Enphase Energy stock appears to be undervalued.
The current stock price of CHF32.48 is trading 29.3% below its estimated GF Value™ of CHF45.92.
Key valuation signals for XSWX:ENPH:
Equity-to-Asset: 0.41 (46% above median its 10-year median of 0.28)
GF Value™: CHF45.92 vs. price of CHF32.48 (29.3% below fair value)
Industry Position: 34.9% below the Semiconductors median (#798 of 1030)
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
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