How to buy Enphase Energy (ENPH) shares in Australia
Learn how to easily invest in Enphase Energy shares.
Enphase Energy Inc is a solar business with stocks listed in the US. Enphase Energy shares (ENPH) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was US$101.02 – an increase of 0.8% over the previous week. Here's how to invest if you're based in Australia.
How to buy shares in Enphase Energy
- Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Enphase Energy. Find the share by name or ticker symbol: ENPH. Research its history to confirm it's a solid investment that matches your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Enphase Energy reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$101.02, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Enphase Energy, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Enphase Energy. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights.
What's in this guide?
Enphase Energy stock price (NASDAQ:ENPH)Use our graph to track the performance of ENPH stocks over time.
Enphase Energy shares at a glance
|52-week range||US$73.49 - US$339.92|
|50-day moving average||US$104.3826|
|200-day moving average||US$157.0154|
|Dividend yield||US$0 (0%)|
|Earnings per share (TTM)||US$3.99|
Enphase Energy price performance over time
|1 week (2023-11-24)||0.80%|
|1 month (2023-11-01)||31.66%|
|3 months (2023-09-01)||-21.53%|
|6 months (2023-06-01)||-44.33%|
|1 year (2022-12-01)||-67.83%|
|2 years (2021-12-01)||-57.35%|
|3 years (2020-12-01)||-21.60%|
|5 years (2018-11-30)||1,770.74%|
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Is it a good time to buy Enphase Energy stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Is Enphase Energy under- or over-valued?
Valuing Enphase Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Enphase Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Enphase Energy's P/E ratio
Enphase Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 25x. In other words, Enphase Energy shares trade at around 25x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Enphase Energy's PEG ratio
Enphase Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.197. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Enphase Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Enphase Energy's EBITDA
Enphase Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$678.3 million (£0.0 million).
The EBITDA is a measure of a Enphase Energy's overall financial performance and is widely used to measure a its profitability.
Enphase Energy share price volatility
Over the last 12 months, Enphase Energy's shares have ranged in value from as little as US$73.49 up to US$339.92. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Enphase Energy's is 1.578. This would suggest that Enphase Energy's shares are more volatile than the average for this exchange and represent, relatively speaking, a higher risk (but potentially also market-beating returns).
Enphase Energy financials
|Revenue TTM||US$2.7 billion|
|Operating margin TTM||21.41%|
|Gross profit TTM||US$974.6 million|
|Return on assets TTM||12.36%|
|Return on equity TTM||70.38%|
|Market capitalisation||US$13.4 billion|
TTM: trailing 12 months
Enphase Energy share dividends
We're not expecting Enphase Energy to pay a dividend over the next 12 months.
Enphase Energy overview
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It also provides microinverter units and related accessories, an IQ gateway; IQ batteries; the cloud-based Enlighten monitoring service; storage solutions; and electric vehicle charging solutions; and design, proposal, permitting, and lead generation services. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.
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