Discounted Cash Flow
Enphase Energy, Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $322.6m | $-67.5m | $-45.1m | -20.9% | — |
| 2017 | $286.2m (-11.3%) | $-45.2m (33.0%) | $-32.6m (27.8%) | -15.8% (24.5%) | $-0.54 |
| 2018 | $316.2m (10.5%) | $-11.6m (74.3%) | $12.0m (136.8%) | -3.7% (76.7%) | $-0.12 (77.8%) |
| 2019 | $624.3m (97.5%) | $161.1m (1486.0%) | $124.3m (937.3%) | 25.8% (801.9%) | $1.38 (1250.0%) |
| 2020 | $774.4m (24.0%) | $134.0m (-16.8%) | $195.8m (57.5%) | 17.3% (-33.0%) | $1.07 (-22.5%) |
| 2021 | $1.4b (78.5%) | $145.4m (8.5%) | $299.8m (53.1%) | 10.5% (-39.2%) | $1.09 (1.9%) |
| 2022 | $2.3b (68.7%) | $397.4m (173.2%) | $698.4m (133.0%) | 17.0% (62.0%) | $2.94 (169.7%) |
| 2023 | $2.3b (-1.7%) | $438.9m (10.5%) | $586.4m (-16.0%) | 19.2% (12.4%) | $3.22 (9.5%) |
| 2024 | $1.3b (-41.9%) | $102.7m (-76.6%) | $480.1m (-18.1%) | 7.7% (-59.7%) | $0.76 (-76.4%) |
| 2025 | $1.5b (10.7%) | $172.1m (67.7%) | $95.9m (-80.0%) | 11.7% (51.4%) | $1.31 (72.4%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.