Enphase Pb Ratio vs Price To Sales Ratio Analysis
ENPH Stock | USD 66.29 2.72 4.28% |
Enphase Energy financial indicator trend analysis is much more than just examining Enphase Energy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Enphase Energy is a good investment. Please check the relationship between Enphase Energy Pb Ratio and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enphase Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.
Pb Ratio vs Price To Sales Ratio
Pb Ratio vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Enphase Energy Pb Ratio account and Price To Sales Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Enphase Energy's Pb Ratio and Price To Sales Ratio is 0.59. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Enphase Energy, assuming nothing else is changed. The correlation between historical values of Enphase Energy's Pb Ratio and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Enphase Energy are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Pb Ratio i.e., Enphase Energy's Pb Ratio and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Pb Ratio
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Enphase Energy stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Enphase Energy sales, a figure that is much harder to manipulate than other Enphase Energy multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Most indicators from Enphase Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Enphase Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enphase Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.As of now, Enphase Energy's Selling General Administrative is increasing as compared to previous years. The Enphase Energy's current Tax Provision is estimated to increase to about 102.2 M, while Enterprise Value Over EBITDA is projected to decrease to 29.12.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 45.2M | 9.4M | 8.8M | 9.5M | Depreciation And Amortization | 26.2M | 52.4M | 74.7M | 78.4M |
Enphase Energy fundamental ratios Correlations
Click cells to compare fundamentals
Enphase Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Enphase Energy fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 131.6M | 141.9M | 142.9M | 144.4M | 143.3M | 78.6M | |
Total Assets | 713.2M | 1.2B | 2.1B | 3.1B | 3.4B | 3.6B | |
Short Long Term Debt Total | 105.5M | 330.9M | 1.0B | 1.3B | 1.3B | 1.4B | |
Other Current Liab | 57.2M | 83.3M | 165.9M | 290.1M | 281.0M | 295.0M | |
Total Current Liabilities | 199.3M | 534.0M | 439.8M | 638.2M | 532.4M | 559.1M | |
Total Stockholder Equity | 272.2M | 484.0M | 430.2M | 825.6M | 983.6M | 1.0B | |
Property Plant And Equipment Net | 39.1M | 60.7M | 96.6M | 132.7M | 188.1M | 197.5M | |
Current Deferred Revenue | 81.8M | 47.7M | 62.7M | 90.7M | 118.3M | 124.2M | |
Net Debt | (145.9M) | (348.5M) | 918.3M | 817.1M | 1.0B | 1.1B | |
Retained Earnings | (185.2M) | (51.2M) | (405.7M) | 17.3M | 46.3M | 48.6M | |
Accounts Payable | 57.5M | 72.6M | 113.8M | 125.1M | 116.2M | 122.0M | |
Cash | 251.4M | 679.4M | 119.3M | 473.2M | 288.7M | 162.8M | |
Non Current Assets Total | 213.6M | 267.0M | 616.8M | 820.0M | 939.5M | 986.5M | |
Non Currrent Assets Other | 44.6M | 7.9M | 8.1M | 11.5M | 11.9M | 11.2M | |
Cash And Short Term Investments | 251.4M | 679.4M | 1.0B | 1.6B | 1.7B | 1.8B | |
Net Receivables | 145.4M | 182.2M | 333.6M | 440.9M | 446.0M | 468.3M | |
Liabilities And Stockholders Equity | 713.2M | 1.2B | 2.1B | 3.1B | 3.4B | 3.6B | |
Non Current Liabilities Total | 241.7M | 182.1M | 1.2B | 1.6B | 1.9B | 2.0B | |
Inventory | 32.1M | 41.8M | 74.4M | 149.7M | 213.6M | 224.3M | |
Other Current Assets | 70.8M | 29.8M | 37.8M | 60.8M | 88.9M | 93.4M | |
Other Stockholder Equity | 458.3M | 534.7M | 837.9M | 819.1M | 939.3M | 986.3M | |
Total Liab | 441.0M | 716.1M | 1.6B | 2.3B | 2.4B | 2.5B | |
Property Plant And Equipment Gross | 39.1M | 60.7M | 96.6M | 132.7M | 325.5M | 341.8M | |
Total Current Assets | 499.7M | 933.1M | 1.5B | 2.3B | 2.4B | 2.6B | |
Accumulated Other Comprehensive Income | (923K) | 434K | (2.0M) | (10.9M) | (2.0M) | (2.1M) | |
Short Term Debt | 2.9M | 330.5M | 89.9M | 96.3M | 5.2M | 5.0M | |
Other Liab | 129.5M | 162.0M | 257.7M | 401.9M | 462.2M | 485.3M | |
Other Assets | 119.2M | 147.8M | 241.2M | 317.4M | 365.0M | 383.2M | |
Long Term Debt | 102.7M | 4.9M | 951.6M | 1.2B | 1.3B | 1.4B | |
Intangible Assets | 30.6M | 28.8M | 97.8M | 99.5M | 68.5M | 72.0M | |
Property Plant Equipment | 28.9M | 43.0M | 96.6M | 111.4M | 128.1M | 134.5M | |
Net Tangible Assets | 216.9M | 430.4M | 151.2M | 512.5M | 589.3M | 618.8M | |
Retained Earnings Total Equity | (185.2M) | (51.2M) | (405.7M) | 17.3M | 15.6M | 16.4M | |
Capital Surpluse | 458.3M | 534.7M | 837.9M | 819.1M | 942.0M | 989.1M | |
Non Current Liabilities Other | 11.8M | 17.0M | 16.5M | 43.5M | 51.0M | 26.4M | |
Short Long Term Debt | 2.9M | 326.0M | 86.1M | 90.9M | 104.5M | 80.0M |
Currently Active Assets on Macroaxis
When determining whether Enphase Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enphase Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enphase Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enphase Energy Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enphase Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enphase Energy. If investors know Enphase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enphase Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.59) | Earnings Share 0.46 | Revenue Per Share 9.212 | Quarterly Revenue Growth (0.31) | Return On Assets 0.0057 |
The market value of Enphase Energy is measured differently than its book value, which is the value of Enphase that is recorded on the company's balance sheet. Investors also form their own opinion of Enphase Energy's value that differs from its market value or its book value, called intrinsic value, which is Enphase Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enphase Energy's market value can be influenced by many factors that don't directly affect Enphase Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enphase Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enphase Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enphase Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.