Enphase Energy, Inc. logo
Enphase Energy, Inc. (ENPH)
Compare

Enphase Energy, Inc. (ENPH) Enterprise Value (EV): $7.93B

The enterprise value (EV) for Enphase Energy, Inc. (ENPH) is $7.93B as of Monday, June 15, 2026.

ENPH Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$7.93B

Enterprise Value Calculation

Market Cap

$7.19B

+

Total Debt

$1.21B

Cash

$474.32M

=

Enterprise Value

$7.93B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Enphase Energy, Inc. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Enphase Energy, Inc. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Enphase Energy, Inc. (ENPH)?
The enterprise value (EV) for ENPH stock is $7.93B.

About Enphase Energy, Inc.

Enphase Energy, Inc., along with its subsidiaries, is dedicated to developing, manufacturing, and distributing home energy solutions for the global solar photovoltaic industry. Their core offering is a semiconductor-based microinverter, designed to convert energy at the individual solar module level. This technology seamlessly integrates with their proprietary networking and software, providing advanced energy monitoring and control capabilities. The company's product portfolio also includes AC battery storage systems, the Envoy communications gateway, the cloud-based Enlighten monitoring service, and various related accessories. Enphase sells its offerings through multiple channels, reaching solar distributors, large installers directly, original equipment manufacturers (OEMs), strategic partners, and individual homeowners, as well as through its legacy product upgrade program and online store. Established in 2006, Enphase Energy, Inc. is headquartered in Fremont, California.

Fremont, CA
2,781 employees
Energy / Solar
Sector
Energy
Industry
Solar
CEO
Badrinarayanan Kothandaraman