Fair value (multi-method)
Four independent methods triangulate what ENPH is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$13.03
Method range
$7.43 – $162.50
median $30.60
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $13.03 | -67.08% |
| Exit multiple | $162.50 | +310.57% |
| Analyst target | $48.17 | +21.70% |
| Graham number | $7.43 | -81.23% |
- Forward DCF$13.03
- Exit multiple$162.50
- Analyst target$48.17
- Graham number$7.43
Stock price
$39.58
FCF / share (TTM)
$0.63
3Y FCF CAGR
-23.7%
Fair value @ hist. growth
$1.42
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied FCF growth
29.4%
per year over your projection horizon
Margin of safety -2,679.1% vs hist-growth DCF
Historical 3Y CAGR
-23.7%
Your model implies
29.4%
Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Undiscounted FCF per share over 10 years at -24% annual growth.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 10.7% | 26.2% | 25.7% | 25.1% | 24.4% | 23.7% |
| 11.7% | 28.3% | 27.8% | 27.3% | 26.7% | 26.1% |
| 12.7% | 30.3% | 29.9% | 29.4% | 28.9% | 28.3% |
| 13.7% | 32.3% | 31.8% | 31.4% | 30.9% | 30.4% |
| 14.7% | 34.2% | 33.8% | 33.3% | 32.9% | 32.5% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
PEG
1.31
Fair vs growth
Net debt
$769M
Total debt − cash
Beta
1.62
Vs market benchmark
Frequently asked questions
Enphase Energy (ENPH) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
How this company returns cash to shareholders — buybacks, dividends, and stock splits.