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Enphase Energy (Enphase Energy) Cyclically Adjusted Revenue per Share : $9.26 (As of Mar. 2024)


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What is Enphase Energy Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Enphase Energy's adjusted revenue per share for the three months ended in Mar. 2024 was $1.938. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $9.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Enphase Energy's average Cyclically Adjusted Revenue Growth Rate was 7.70% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -19.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Enphase Energy was -19.10% per year. The lowest was -27.80% per year. And the median was -23.45% per year.

As of today (2024-04-27), Enphase Energy's current stock price is $111.93. Enphase Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $9.26. Enphase Energy's Cyclically Adjusted PS Ratio of today is 12.09.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Enphase Energy was 43.13. The lowest was 0.84. And the median was 13.15.


Enphase Energy Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Enphase Energy's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Enphase Energy Cyclically Adjusted Revenue per Share Chart

Enphase Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.51 17.46 9.65 8.11 9.24

Enphase Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.60 9.00 9.27 9.24 9.26

Competitive Comparison of Enphase Energy's Cyclically Adjusted Revenue per Share

For the Solar subindustry, Enphase Energy's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Enphase Energy's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Enphase Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Enphase Energy's Cyclically Adjusted PS Ratio falls into.



Enphase Energy Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Enphase Energy's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.938/129.4194*129.4194
=1.938

Current CPI (Mar. 2024) = 129.4194.

Enphase Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.923 100.560 2.475
201409 2.032 100.428 2.619
201412 2.412 99.070 3.151
201503 1.972 99.621 2.562
201506 2.304 100.684 2.962
201509 2.143 100.392 2.763
201512 1.442 99.792 1.870
201603 1.388 100.470 1.788
201606 1.699 101.688 2.162
201609 1.876 101.861 2.384
201612 1.462 101.863 1.858
201703 0.714 102.862 0.898
201706 0.885 103.349 1.108
201709 0.908 104.136 1.128
201712 0.929 104.011 1.156
201803 0.765 105.290 0.940
201806 0.780 106.317 0.949
201809 0.759 106.507 0.922
201812 0.865 105.998 1.056
201903 0.864 107.251 1.043
201906 1.026 108.070 1.229
201909 1.348 108.329 1.610
201912 1.576 108.420 1.881
202003 1.488 108.902 1.768
202006 0.999 108.767 1.189
202009 1.259 109.815 1.484
202012 1.801 109.897 2.121
202103 2.061 111.754 2.387
202106 2.233 114.631 2.521
202109 2.489 115.734 2.783
202112 2.902 117.630 3.193
202203 3.051 121.301 3.255
202206 3.689 125.017 3.819
202209 4.348 125.227 4.494
202212 4.984 125.222 5.151
202303 4.973 127.348 5.054
202306 4.901 128.729 4.927
202309 3.831 129.860 3.818
202312 2.194 129.419 2.194
202403 1.938 129.419 1.938

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Enphase Energy  (NAS:ENPH) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Enphase Energy's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=111.93/9.26
=12.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Enphase Energy was 43.13. The lowest was 0.84. And the median was 13.15.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Enphase Energy Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Enphase Energy's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Enphase Energy (Enphase Energy) Business Description

Industry
Traded in Other Exchanges
Address
47281 Bayside Parkway, Fremont, CA, USA, 94538
Enphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of revenue from the United States.
Executives
Badrinarayanan Kothandaraman officer: President & CEO ENPHASE ENERGY INC., 1420 NORTH MCDOWELL BLVD, PETALUMA CA 94954
Thurman J Rodgers director 535 EASTVIEW WAY, WOODSIDE CA 94062
David A Ranhoff officer: VP & Chief Commercial Officer MEMC ELECTRONIC MATERIALS, 501 PEARL DRIVE, ST. PETERS MO 63366
Richard Mora director C/O LANDIS+GYR, 30000 MILL CREEK AVE, SUITE 3022, ALPHARETTA GA 30022
Mandy Yang officer: Chief Accounting Officer C/O ENPHASE ENERGY, INC., 47281 BAYSIDE PARKWAY, FREMONT CA 94538
Jeff Mcneil officer: Chief Operating Officer 47281 BAYSIDE PARKWAY, FREMONT CA 94538
Joseph Ian Malchow director C/O ENPHASE ENERGY, 47281 BAYSIDE PARKWAY, FREMONT CA 94538
Steven J Gomo director 495 E. JAVA DRIVE, SUNNYVALE CA 94089
Benjamin John Kortlang director, 10 percent owner 2750 SAND HILL ROAD, MENLO PARK CA 94025
Eric Branderiz officer: VP & Chief Financial Officer 915 DEGUIGNE DRIVE, PO BOX 3453, SUNNYVALE CA 94088-3453
Jamie Elizabeth Haenggi director 1501 YAMATO ROAD, BOCA RATON FL 33431
Moreno Isidoro Quiroga 10 percent owner VENIDA PRESIDENTE RIESCO 5711 OFICINA 16, LAS CONDES, SANTIAGO F3 7550000
South Lake One Llc 10 percent owner 250 WEST 55TH STREET, NEW YORK NY 10019
John Howard Weber director 600 CORPORATION DRIVE, PENDLETON IN 46064
Humberto Garcia officer: VP and CFO 1420 N. MCDOWELL BLVD., PETALUMA CA 94954

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