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Enphase EnergyMEX:ENPH +1.80%70 Interest Coverage is 160.48 as of Jun. 2026, which is 1425% above its 10-year median of 10.52. 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 640 Semiconductors companies, Enphase Energy ranks better than 61.87% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Enphase Energy's
Operating Income
for the
three
months ended in Jun. 2026 was MXN916 Mil. Enphase Energy's Interest Expense for the
three
months ended in Jun. 2026 was MXN-6 Mil.
Enphase Energy's interest coverage for the quarter that ended in Jun. 2026 was 160.48.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Enphase Energy's Interest Coverage or its related term are showing as below:
MEX:ENPH'
s Interest Coverage Range Over the Past 10 Years
Min: 0.54 Med: 10.52 Max: 52.2
Current: 44.26
MEX:ENPH's Interest Coverage is ranked better than 61.87% of 640
companies
in the Semiconductors industry
Industry Median: 21.63
vs MEX:ENPH: 44.26
Enphase Energy (MEX:ENPH) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Enphase Energy Interest Coverage Related Terms
Enphase Energy Interest Coverage Historical Data
* Premium members only.
The historical data trend for Enphase Energy's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MEX:ENPH vs SEDG, RUN, SHLS: Interest Coverage Comparison
For the Solar subindustry, Enphase Energy's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Enphase Energy's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Enphase Energy's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (MEX:ENPH) has a Interest Coverage of 160.48 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Enphase Energy and its competitors. This is 1425% above median its historical median of 10.52. Over the past decade, Enphase Energy's Interest Coverage has ranged from 0.54 to 52.20. According to the industry distribution chart, Enphase Energy ranks #244 out of 640 companies in the Semiconductors industry, placing it in the top 38.1%.
Is Enphase Energy's Interest Coverage too high?
Enphase Energy's current Interest Coverage of 160.48 is 1425% above median its 10-year median of 10.52. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 52.20. The Semiconductors industry median Interest Coverage is 21.63. Enphase Energy's value of 160.48 is 641.9% above this industry median. Based on the distribution chart, Enphase Energy ranks #244 out of 640 companies in the Semiconductors industry, which is above 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 Interest Coverage compare to SEDG and RUN?
According to the Semiconductors industry distribution chart, Enphase Energy ranks #244 out of 640 companies for Interest Coverage. This puts Enphase Energy in the upper half of its industry. The industry median Interest Coverage is 21.63. Enphase Energy's value of 160.48 is 641.9% above this benchmark. Historically, Enphase Energy's own Interest Coverage has ranged from 0.54 to 52.20 over the past decade. While the company's 10-year median is 10.52 vs. the industry median of 21.63, 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 Interest Coverage for a Semiconductors company?
The median Interest Coverage among Semiconductors companies is 21.63, based on 640 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enphase Energy's current Interest Coverage of 160.48 is 641.9% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Enphase Energy and its competitors. For the Semiconductors industry, the median Interest Coverage is 21.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enphase Energy's current Interest Coverage is 160.48, which is 1425% above median its own 10-year median of 10.52. 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 Interest Coverage is 160.48, which is 1425% above median its 10-year median of 10.52 and 641.9% above the Semiconductors industry median of 21.63. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Enphase Energy (MEX:ENPH), the current Interest Coverage is 160.48 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:
Interest Coverage: 160.48 (1425% above median its 10-year median of 10.52)
GF Value™: MXN999.47 vs. price of MXN656.75 (34.3% below fair value)
Industry Position: 641.9% above the Semiconductors median (#244 of 640)
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
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