Enphase Energy, Inc. (ENPH) vs enCore Energy Corp. (EU)
ENPH leads on 7 of 8 compared metrics.
A side-by-side comparison of Enphase Energy, Inc. and enCore Energy Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — ENPH vs EU
growth of $100 · last 14yENPH +643.7%EU -34.3%ENPH compounded faster
Log scale — wide-divergence pair
ENPH EU
ENPH vs EU: by the numbers
- •ENPH is the larger company ($7.19B vs $264M market cap).
- •ENPH is profitable (9.64% net margin) while EU runs a net loss (-62.96%).
Metrics side by side
Valuation
| Metric | ENPH | EU |
|---|---|---|
| P/E ratio | 54.05 | — |
| Forward P/E | 23.57 | — |
| P/S ratio | 5.12● | 6.02 |
| P/B ratio | 6.50 | 1.02● |
| PEG ratio | 0.34 | — |
| EV / EBITDA | 35.25 | — |
| FCF yield | 2.02% | — |
Profitability
| Metric | ENPH | EU |
|---|---|---|
| Gross margin | 44.23%● | 22.33% |
| Operating margin | 6.81%● | -172.67% |
| Net margin | 9.64%● | -62.96% |
| ROE | 12.25%● | -10.68% |
| ROIC | 4.79%● | -21.47% |
Growth (annualized)
| Metric | ENPH | EU |
|---|---|---|
| Revenue CAGR (5Y) | 9.96% | — |
| EPS CAGR (5Y) | 4.13% | — |
| FCF CAGR (5Y) | -8.47% | — |
| Total return CAGR (5Y) | -17.98%● | -18.48% |
Frequently asked
- Is ENPH or EU more profitable?
- ENPH runs the higher net margin — ENPH at 9.64% versus EU at -62.96%.
- Which has been the better investment, ENPH or EU?
- Over the past 10-year, ENPH delivered the higher annualized total return — ENPH at 38.96% versus EU at 23.93%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Enphase Energy P/E ratioenCore Energy P/E ratioEnphase Energy dividend yieldenCore Energy dividend yieldEnphase Energy ROEenCore Energy ROEEnphase Energy operating marginenCore Energy operating marginEnphase Energy revenue growthenCore Energy revenue growthEnphase Energy free cash flowenCore Energy free cash flow
Enphase Energy & enCore Energy appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 15, 2026.