On June 18, SMA Solar reduced its sales and EBITDA guidance by 20% and 60%, respectively, for fiscal 2024. SMA shares plunged 31% the day following the profit warning. US inverter companies Enphase and SolarEdge are trading approximately 6% lower at the time of writing following the announcement.
Enphase commands industry-leading gross margins and ROICs based on its high-tech product offering.
Enphase’s end markets are concentrated around the U.S. and residential end markets.
|
Metric
|
ENPH
|
TSLA
|
SEDG
|
|---|---|---|---|
Price/Earnings (Normalized) | 28.33 | 84.71 | 5.99 |
Price/Book Value | 14.11 | 11.46 | 0.61 |
Price/Sales | 7.37 | 8.52 | 0.62 |
Price/Cash Flow | 24.94 | 56.17 | — |
|
Metric
|
ENPH
|
TSLA
|
SEDG
|
|---|---|---|---|
Quick Ratio | 3.60 | 1.04 | 1.83 |
Current Ratio | 4.16 | 1.72 | 4.54 |
Interest Coverage | 28.74 | 38.06 | −149.63 |
|
Metric
|
ENPH
|
TSLA
|
SEDG
|
|---|---|---|---|
Return on Assets (Normalized) | 18.18% | 9.74% | −0.77% |
Return on Equity (Normalized) | 64.33% | 16.96% | −1.44% |
Return on Invested Capital (Normalized) | 24.93% | 13.43% | −1.05% |
|
1-Day Chart
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Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| First Solar Inc
FSLR
| Mrhkqgbx | Bmc | $23.2 Bil | |||
| NEXTracker Inc Ordinary Shares - Class A
NXT
| Jqxkpxjhj | Dbbh | $6.6 Bil | |||
| Xinyi Solar Holdings Ltd
XNYIF
| — | Pnzdj | $4.2 Bil | |||
| Xinyi Solar Holdings Ltd ADR
XISHY
| — | Jmyk | $4.2 Bil | |||
| GCL Technology Holdings Ltd
GCPEF
| — | Pcqnd | $3.8 Bil | |||
| Sunrun Inc
RUN
| Gytlqsmkb | Ktjb | $2.4 Bil | |||
| Array Technologies Inc Ordinary Shares
ARRY
| — | Bnh | $1.5 Bil | |||
| SolarEdge Technologies Inc
SEDG
| Gfppkztw | Dtp | $1.4 Bil | |||
| Shoals Technologies Group Inc Ordinary Shares - Class A
SHLS
| Dnmvwybb | Zqkb | $1.0 Bil |
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