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Enphase Energy (ENPH) Competitors

$122.75
-9.55 (-7.22%)
(As of 06/7/2024 ET)

ENPH vs. ASX, QRVO, IPGP, SEDG, ON, EMR, ROP, AME, ROK, and GNRC

Should you be buying Enphase Energy stock or one of its competitors? The main competitors of Enphase Energy include ASE Technology (ASX), Qorvo (QRVO), IPG Photonics (IPGP), SolarEdge Technologies (SEDG), Onsemi (ON), Emerson Electric (EMR), Roper Technologies (ROP), AMETEK (AME), Rockwell Automation (ROK), and Generac (GNRC).

Enphase Energy vs.

ASE Technology (NYSE:ASX) and Enphase Energy (NASDAQ:ENPH) are both large-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, valuation, risk, dividends, institutional ownership, media sentiment, community ranking, analyst recommendations and earnings.

Enphase Energy has a net margin of 15.10% compared to Enphase Energy's net margin of 5.41%. ASE Technology's return on equity of 31.89% beat Enphase Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
ASE Technology5.41% 10.09% 4.60%
Enphase Energy 15.10%31.89%9.11%

6.8% of ASE Technology shares are owned by institutional investors. Comparatively, 72.1% of Enphase Energy shares are owned by institutional investors. 22.9% of ASE Technology shares are owned by insiders. Comparatively, 3.4% of Enphase Energy shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Enphase Energy received 401 more outperform votes than ASE Technology when rated by MarketBeat users. Likewise, 65.20% of users gave Enphase Energy an outperform vote while only 64.41% of users gave ASE Technology an outperform vote.

CompanyUnderperformOutperform
ASE TechnologyOutperform Votes
371
64.41%
Underperform Votes
205
35.59%
Enphase EnergyOutperform Votes
772
65.20%
Underperform Votes
412
34.80%

ASE Technology has higher revenue and earnings than Enphase Energy. ASE Technology is trading at a lower price-to-earnings ratio than Enphase Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ASE Technology$18.69B1.26$1.16B$0.4623.35
Enphase Energy$2.29B7.29$438.94M$1.9263.93

In the previous week, Enphase Energy had 41 more articles in the media than ASE Technology. MarketBeat recorded 50 mentions for Enphase Energy and 9 mentions for ASE Technology. Enphase Energy's average media sentiment score of 0.91 beat ASE Technology's score of 0.39 indicating that ASE Technology is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ASE Technology
5 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Enphase Energy
16 Very Positive mention(s)
2 Positive mention(s)
26 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

ASE Technology presently has a consensus price target of $7.84, indicating a potential downside of 27.05%. Enphase Energy has a consensus price target of $134.10, indicating a potential upside of 9.24%. Given ASE Technology's higher possible upside, analysts clearly believe Enphase Energy is more favorable than ASE Technology.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ASE Technology
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Enphase Energy
2 Sell rating(s)
13 Hold rating(s)
16 Buy rating(s)
0 Strong Buy rating(s)
2.45

ASE Technology has a beta of 1.2, indicating that its stock price is 20% more volatile than the S&P 500. Comparatively, Enphase Energy has a beta of 1.77, indicating that its stock price is 77% more volatile than the S&P 500.

Summary

Enphase Energy beats ASE Technology on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ENPH and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ENPH vs. The Competition

MetricEnphase EnergySemiconductors & related devices IndustryEnergy SectorNASDAQ Exchange
Market Cap$16.70B$53.90B$7.73B$8.17B
Dividend YieldN/A1.98%11.64%4.04%
P/E Ratio63.9324.6211.2517.02
Price / Sales7.2912.74117.2675.45
Price / Cash34.3526.0910.7530.80
Price / Book17.055.903.374.33
Net Income$438.94M$912.37M$966.43M$216.10M
7 Day Performance-4.03%-1.97%-3.39%-1.37%
1 Month Performance6.81%0.47%-0.47%-0.68%
1 Year Performance-32.59%15.44%1.22%1.61%

Enphase Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ASX
ASE Technology
3.9672 of 5 stars
$10.74
-0.9%
$7.84
-27.0%
+25.5%$23.54B$18.69B23.3592,894Dividend Cut
Analyst Upgrade
News Coverage
QRVO
Qorvo
4.7057 of 5 stars
$99.49
-0.5%
$110.83
+11.4%
+0.7%$9.51B$3.77B-136.298,700Analyst Downgrade
Insider Selling
IPGP
IPG Photonics
4.8316 of 5 stars
$85.85
-0.7%
$110.40
+28.6%
-24.1%$3.91B$1.29B22.136,180Positive News
SEDG
SolarEdge Technologies
4.1303 of 5 stars
$46.29
-4.2%
$86.38
+86.6%
-84.0%$2.65B$2.98B-9.955,633Analyst Forecast
Positive News
Gap Down
ON
Onsemi
4.6614 of 5 stars
$72.31
-0.2%
$90.28
+24.9%
-19.0%$31.11B$8.25B14.7630,100
EMR
Emerson Electric
4.7739 of 5 stars
$108.00
+1.9%
$120.56
+11.6%
+28.2%$61.79B$15.17B5.7867,000Analyst Revision
ROP
Roper Technologies
2.3577 of 5 stars
$554.03
+0.7%
$584.82
+5.6%
+23.0%$59.30B$6.18B40.2116,800Positive News
AME
AMETEK
3.7589 of 5 stars
$170.00
+0.8%
$181.64
+6.8%
+12.5%$39.35B$6.74B29.8821,500Positive News
ROK
Rockwell Automation
4.8785 of 5 stars
$255.91
+0.3%
$307.21
+20.0%
-14.4%$29.17B$9.06B25.0229,000Dividend Announcement
Analyst Forecast
GNRC
Generac
3.7358 of 5 stars
$138.21
-1.3%
$141.05
+2.1%
+17.0%$8.38B$4.02B38.078,600Positive News

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This page (NASDAQ:ENPH) was last updated on 6/8/2024 by MarketBeat.com Staff

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