ENPH FCF Yield Analysis
Updated 441h ago·SEC filings & market data
Key Takeaway
The current FCF yield of 1.8% means Enphase generates free cash flow equal to 1.8% of its market value — a low return for investors.
Sector Performance
23th percentileENPH
1.8%
Sector Median
4.2%
Sector Avg
9.2%
Prior Period
1.7%(Aug 2026)
Deep Analysis
The current FCF yield of 1.8% means Enphase generates free cash flow equal to 1.8% of its market value — a low return for investors.
This sits well below the sector median of 4.1%, placing the company at the 22nd percentile among peers, so most comparable firms offer higher cash returns. The metric has been stable, with the last four readings at 1.8%, 1.7%, 1.9%, and 1.8%; year-over-year change is not available, but quarter-over-quarter it rose 5.9%. A persistently low yield combined with a stable trend suggests limited near-term cash-based upside and no clear improvement, pointing to risk of overvaluation rather than a bargain opportunity. This directly supports the overall CAUTIOUS verdict, as the weak cash return and peer lag reinforce caution on the stock.
Frequently Asked Questions
What does the FCF Yield tell investors about ENPH?
One of the purest measures of value. High FCF yield means the company generates a lot of cash relative to its price — favoured by value investors.
How is the FCF Yield calculated?
FCF Yield is calculated as: Free Cash Flow / Market Cap.
Who are ENPH's closest peers by FCF Yield?
The closest peers by FCF Yield include: JACK (23.5%), BBWI (23.7%), YELP (25.7%), MET (27.9%), WIX (29.2%).
Learn More About FCF Yield
Understanding Free Cash Flow
Free cash flow is the lifeblood of any business. In this post, we explore why it matters more than net income for long-term investors.
Free Cash Flow Yield: Why It Matters More Than Earnings Per Share
EPS is accounting. FCF is reality. Here's how to calculate free cash flow yield, why Warren Buffett prioritizes it, and how to use it to spot genuinely profitable companies.
The Formula
Free Cash Flow / Market Cap
Why It Matters
One of the purest measures of value. High FCF yield means the company generates a lot of cash relative to its price — favoured by value investors.
Master ENPH's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full ENPH research report →ENPH
1.8%
Sector Median
4.2%
Sector Avg
9.2%
How ENPH's FCF Yield compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.