How to buy Enphase Energy (ENPH) shares in Australia

Learn how to easily invest in Enphase Energy shares.

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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$217.1 – a decrease of 15.43% over the previous week. Here's how to invest if you're based in Australia.

How to buy shares in Enphase Energy

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Enphase Energy. Find the share by name or ticker symbol: ENPH. Research its history to confirm it's a solid investment against your financial goals.
  4. 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 at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$235, 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.
  6. 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 on directors and management that can affect your stock.

Enphase Energy stock price (NASDAQ:ENPH)

Use our graph to track the performance of ENPH stocks over time.

Enphase Energy shares at a glance

Information last updated 2021-12-04.
52-week rangeUS$108.88 - US$282.46
50-day moving average US$206.8524
200-day moving average US$171.3718
Target priceUS$263.36
PE ratio 188.4549
Dividend yield N/A (0%)
Earnings per share (TTM) US$1.152

Where to buy Enphase Energy stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
US$0
0.60%
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Enphase Energy stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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.

Enphase Energy share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Considering buying Enphase Energy shares?

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Enphase Energy price performance over time

Historical closes compared with the last close of $217.1

1 week (2021-11-29) -15.43%
1 month (2021-11-05) -8.74%
3 months (2021-09-03) 24.81%
1 year (2020-12-04) 66.41%
2 years (2019-12-06) 800.46%
3 years (2018-12-06) 3,598.47%
5 years (2016-12-06) 15,746.72%

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 188x. In other words, Enphase Energy shares trade at around 188x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-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 1.9745. 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$264.8 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 financials

Revenue TTM US$1.2 billion
Operating margin TTM 19.54%
Gross profit TTM US$346 million
Return on assets TTM 9.07%
Return on equity TTM 31.17%
Profit margin 13.44%
Book value 4.804
Market capitalisation US$29.3 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 share price volatility

Over the last 12 months, Enphase Energy's shares have ranged in value from as little as US$108.88 up to US$282.46. A popular way to gauge a stock's volatility is its "beta".

ENPH.US volatility(beta: 1.29)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Enphase Energy's is 1.2904. 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 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 offers AC battery storage systems; Envoy communications gateway; and Enlighten cloud-based monitoring service, as well as other accessories. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as directly the do-it-yourself market 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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