Enphase Energy Intrinsic Value Calculation – ENPHASE ENERGY Reports 192.4% Increase in Revenue and 75.6% Increase in Net Income for Q4 FY2022.
February 17, 2023
Earnings report
Enphase Energy Intrinsic Value Calculation – ENPHASE ENERGY ($NASDAQ:ENPH) reported their earnings results for the fourth quarter of FY2022 ending December 31, 2022, on February 7, 2023. The company announced a significant increase in both revenue and net income year over year with total revenue reported at USD 153.8 million, a 192.4% increase over the same quarter last year. Net income was USD724.6 million, a 75.6% increase compared to the previous year’s fourth quarter results. These results mark the most successful quarter to date for Enphase Energy, attributable to its continued efforts to expand its product lines and customer base.
The company’s solar energy solutions continue to be well-received in homes and businesses around the world, highlighting its ongoing commitment to sustainability and clean energy. The increasing demand for solar energy solutions has been a major factor in Enphase Energy’s success in the fourth quarter of FY2022. The company continues to make strides in the industry with its advanced technology, such as its microinverters, which are designed to optimize solar energy performance. With a strong foundation for the future, Enphase Energy is well-positioned for continued success in the years to come.
Stock Price
On Tuesday, ENPHASE ENERGY reported a 192.4% increase in revenue and 75.6% increase in net income for the fourth quarter of FY2022 compared to the same period last year. The news sent the stock soaring, with the opening price of $225.9 and closing at $228.5, up by 2.5% from the previous closing price of 223.0. This robust financial performance by ENPHASE ENERGY was driven by their significant investments in research and development, enabling them to develop and maintain a competitive edge in their respective market. With an industry-leading portfolio of digital products, services, and solutions, ENPHASE ENERGY is well-positioned to continue making strong progress in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Enphase Energy. More…
| Total Revenues | Net Income | Net Margin |
| 2.33k | 397.36 | 17.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Enphase Energy. More…
| Operations | Investing | Financing |
| 744.82 | -371.91 | -17.13 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Enphase Energy. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.08k | 2.26k | 6.05 |
Key Ratios Snapshot
Some of the financial key ratios for Enphase Energy are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 55.1% | 62.3% | 19.8% |
| FCF Margin | ROE | ROA |
| 30.0% | 40.2% | 9.4% |
Analysis – Enphase Energy Intrinsic Value Calculation
At GoodWhale, we’ve conducted an analysis of ENPHASE ENERGY‘s fundamentals and developed a proprietary Valuation Line to determine the fair value of the company’s share. Our analysis shows that the fair value of ENPHASE ENERGY’s share is $281.8. Noting that the company’s stock is currently being traded at $228.5, we believe that it is undervalued by 18.9%. More…
Peers
Founded in 2006, Enphase has shipped over 16 million microinverters, and has a presence in over 70 countries. Central Development Holdings Ltd is a Hong Kong-based investment holding company principally engaged in the provision of power generation solutions. PT Sky Energy Indonesia Tbk is an Indonesia-based company primarily engaged in the development, manufacture, sale and installation of solar photovoltaic products. United Renewable Energy Co Ltd is a Taiwan-based company principally engaged in the manufacture and sale of solar cells and modules.
– Central Development Holdings Ltd ($SEHK:00475)
As of 2022, Central Development Holdings Ltd has a market cap of 244.17M and a Return on Equity of -16.31%. The company is involved in the development and operation of commercial, residential, and industrial properties in Hong Kong.
– PT Sky Energy Indonesia Tbk ($IDX:JSKY)
Sky Energy Indonesia Tbk is a leading Indonesian energy company with a focus on the exploration and production of oil and gas. The company has a market capitalization of $105.69 billion as of 2022 and a return on equity of -22.56%. Sky Energy Indonesia Tbk is involved in the exploration, development, and production of oil and gas in Indonesia. The company has a strong presence in the Indonesian energy sector and is one of the leading producers of oil and gas in the country.
– United Renewable Energy Co Ltd ($TWSE:3576)
As of 2022, United Renewable Energy Co Ltd has a market cap of 34.16B and a Return on Equity of 2.02%. The company is engaged in the business of renewable energy, including the development, design, manufacture, sale and installation of solar photovoltaic power generation systems, wind power generation systems, biomass power generation systems and other renewable energy power generation systems.
Summary
Enphase Energy reported its quarterly results, with total revenue of USD 153.8 million in the quarter, representing a massive 192.4% increase year over year. Net income saw significant growth as well, growing 75.6% to USD 724.6 million. This strong performance demonstrates the potential for investors to benefit from investing in Enphase Energy, as the company continues to drive strong returns on investment.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
