COMP <GO>
ENPH vs GOOG // FORWARD P/E MULTIPLE
Enphase Energy Inc. (NASDAQ) VS. Alphabet Inc. (Class C) (NASDAQ) • 15-METRIC TALLY: ENPH 6
— GOOG 8
▲ FORWARD P/E MULTIPLE LEADER: ENPH
LAST: $25.86 (+3.48%) • MKT CAP: $3.42B
forward-pe
18.5x
LAST: $282.32 (-12.29%) • MKT CAP: $3.47T
forward-pe
21.4x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ENPH VS. GOOG)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ENPH | GOOG | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 46.60% | 60.86% | -14.26 | GOOG | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 10.50% | 16.59% | -6.09 | GOOG | /roic <GO> |
| EV/EBITDA & P/E Valuation | 18.3x | 19.9x | -1.63 | ENPH | /valuation <GO> |
| Free Cash Flow Yield | 2.80% | 0.58% | +2.22 | ENPH | /fcf-yield <GO> |
| Operating Margin | 10.70% | 33.32% | -22.62 | GOOG | /operating-margins <GO> |
| Net Profit Margin | 11.70% | 50.03% | -38.33 | GOOG | /net-margins <GO> |
| Revenue Growth (YoY) | 10.70% | 22.21% | -11.51 | GOOG | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.31% | -0.31 | GOOG | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.79 | 8.30 | -6.51 | GOOG | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 6/9 | +2.00 | ENPH | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 30.0 | 24.8 | +5.20 | ENPH | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.21 | 1.16 | +0.05 | ENPH | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 18.5x | 21.4x | -2.89 | ENPH | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $3.42B | $3.47T | -$3.47T | GOOG | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ENPH REV | GOOG REV | ENPH GROSS % | GOOG GROSS % | ENPH FCF | GOOG FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.47B | $402.84B | 46.6% | 59.7% | $95.9M | $73.27B |
| FY 2024 | $1.33B | $350.02B | 47.3% | 58.2% | $480.1M | $72.76B |
| FY 2023 | $2.29B | $307.39B | — | — | $593.7M | $87.91B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ENPH // BETA 1.21
GOOG // BETA 1.16