Enphase Energy, Inc. (ENPH) is the 30th largest of 123 Solar Equipment companies by market capitalisation, at 4.85 Bn, behind ServiceTitan, Inc. at 5.45 Bn. It trades on a P/E of 36.17, 33% above the peer median of 27.13. The table below compares all 123 on 8 financial metrics.
| # | Ticker | Company | match | industry_code | industry_group | industry_group_code | Market Capitalization | P/E | P/S | Enterprise Value |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | FSLR | First Solar, Inc. | primary | I-41 | Clean Energy Equipment | IG-10 | 21.88 Bn | 0.00 Mn | 4.07 | 20.15 Bn |
| 2 | NXT | Nextpower Inc. | primary | I-41 | Clean Energy Equipment | IG-10 | 12.39 Bn | 0.00 Mn | 3.41 | 11.18 Bn |
| 3 | ENPH | Enphase Energy, Inc. | primary | I-41 | Clean Energy Equipment | IG-10 | 4.85 Bn | 0.00 Mn | 3.65 | 3.91 Bn |
| 4 | SEDG | Solaredge Technologies, Inc. | primary | I-41 | Clean Energy Equipment | IG-10 | 2.15 Bn | 0.00 Mn | 1.67 | 1.57 Bn |
| 5 | TE | T1 Energy Inc. | primary | I-41 | Clean Energy Equipment | IG-10 | 1.36 Bn | 0.00 Mn | 1.37 | 1.15 Bn |
| 6 | CSIQ | Canadian Solar Inc. | primary | I-41 | Clean Energy Equipment | IG-10 | 0.91 Bn | 0.00 Mn | 0.18 | -0.56 Bn |
| 7 | ARRY | Array Technologies, Inc. | primary | I-41 | Clean Energy Equipment | IG-10 | 0.69 Bn | 0.00 Mn | 0.58 | 0.38 Bn |
| 8 | JKS | JinkoSolar Holding Co., Ltd. | primary | I-41 | Clean Energy Equipment | IG-10 | 0.64 Bn | 0.00 Mn | 0.08 | -2.04 Bn |
| 9 | TOYO | TOYO Co., Ltd | primary | I-41 | Clean Energy Equipment | IG-10 | 0.13 Bn | 0.00 Mn | 0.33 | 0.02 Bn |
| 10 | WNDW | SolarWindow Technologies, Inc. | primary | I-41 | Clean Energy Equipment | IG-10 | 0.11 Bn | 0.00 Mn | — | 0.10 Bn |
| 11 | TYGO | Tigo Energy, Inc. | primary | I-41 | Clean Energy Equipment | IG-10 | 0.08 Bn | 0.00 Mn | 0.72 | 0.06 Bn |
| 12 | FTCI | FTC Solar, Inc. | primary | I-41 | Clean Energy Equipment | IG-10 | 0.04 Bn | 0.00 Mn | 0.38 | 0.03 Bn |
| 13 | ASTI | Ascent Solar Technologies, Inc. | primary | I-41 | Clean Energy Equipment | IG-10 | 0.03 Bn | 0.00 Mn | 143.31 | 0.03 Bn |
| 14 | PN | PN Smart Energy Ltd | primary | I-41 | Clean Energy Equipment | IG-10 | 0.00 Bn | — | — | 0.00 Bn |
| 15 | TSLA | Tesla, Inc. | secondary | D-01 | Automobiles and Components | DG-01 | 1,192.35 Bn | 0.00 Mn | 11.51 | 1,148.82 Bn |
| 16 | ETN | Eaton Corp plc | secondary | I-07 | Machinery | IG-02 | 161.54 Bn | 0.00 Mn | 5.38 | 160.85 Bn |
| 17 | VRT | Vertiv Holdings Co | secondary | I-07 | Machinery | IG-02 | 100.83 Bn | 0.00 Mn | 8.78 | 97.72 Bn |
| 18 | JCI | Johnson Controls International plc | secondary | I-14 | Construction Products | IG-03 | 87.97 Bn | 0.00 Mn | 3.52 | 87.32 Bn |
| 19 | CMI | Cummins Inc | secondary | I-05 | Machinery | IG-02 | 76.29 Bn | 0.00 Mn | 2.20 | 71.62 Bn |
| 20 | ADSK | Autodesk, Inc. | secondary | T-25 | Workplace Software | TG-04 | 43.41 Bn | 0.00 Mn | 5.57 | 39.26 Bn |
| 21 | ROP | Roper Technologies Inc | secondary | T-19 | Business Applications | TG-03 | 39.20 Bn | 0.00 Mn | 4.73 | 38.83 Bn |
| 22 | DOV | DOVER Corp | secondary | I-04 | Machinery | IG-02 | 25.81 Bn | 0.00 Mn | 3.06 | 24.05 Bn |
| 23 | HRNNF | Hydro One Ltd | secondary | U-04 | Regulated Utilities | UG-02 | 22.94 Bn | 0.00 Mn | 2.46 | 22.55 Bn |
| 24 | RIVN | Rivian Automotive, Inc. / DE | secondary | D-01 | Automobiles and Components | DG-01 | 21.18 Bn | 0.00 Mn | 3.60 | 15.87 Bn |
| 25 | PTC | Ptc Inc. | secondary | T-30 | Vertical Software | TG-05 | 14.78 Bn | 0.00 Mn | 5.00 | 14.43 Bn |
| 26 | TRMB | Trimble Inc. | secondary | T-30 | Vertical Software | TG-05 | 13.36 Bn | 0.00 Mn | 3.53 | 13.15 Bn |
| 27 | BWA | Borgwarner Inc | secondary | I-05 | Machinery | IG-02 | 13.28 Bn | 0.00 Mn | 0.93 | 10.83 Bn |
| 28 | GNRC | Generac Holdings Inc. | secondary | I-40 | Clean Energy Equipment | IG-10 | 10.96 Bn | 0.00 Mn | 2.47 | 10.69 Bn |
| 29 | BSY | Bentley Systems Inc | secondary | T-30 | Vertical Software | TG-05 | 10.00 Bn | 0.00 Mn | 6.24 | 9.86 Bn |
| 30 | AYI | Acuity Inc. (De) | secondary | I-13 | Construction Products | IG-03 | 9.72 Bn | 0.00 Mn | 2.11 | 9.31 Bn |
| 31 | VMI | Valmont Industries Inc | secondary | I-07 | Machinery | IG-02 | 9.30 Bn | 0.00 Mn | 2.20 | 9.17 Bn |
| 32 | GPUS-PD | Hyperscale Data, Inc. | secondary | T-59 | Fintech | TG-09 | 8.84 Bn | 0.00 Mn | 67.91 | 8.77 Bn |
| 33 | PCOR | Procore Technologies, Inc. | secondary | T-30 | Vertical Software | TG-05 | 8.18 Bn | 0.00 Mn | 5.75 | 7.52 Bn |
| 34 | VFS | VinFast Auto Ltd. | secondary | D-01 | Automobiles and Components | DG-01 | 7.17 Bn | 0.00 Mn | 0.00 | 7.17 Bn |
| 35 | BLDR | Builders FirstSource, Inc. | secondary | I-13 | Construction Products | IG-03 | 6.63 Bn | 0.00 Mn | 0.46 | 6.57 Bn |
| 36 | ENS | EnerSys | secondary | I-43 | Clean Energy Equipment | IG-10 | 6.53 Bn | 0.00 Mn | 1.72 | 6.00 Bn |
| 37 | JOBY | Joby Aviation, Inc. | secondary | I-01 | Aerospace and Defense | IG-01 | 6.28 Bn | 0.00 Mn | 54.00 | 6.28 Bn |
| 38 | ST | Sensata Technologies Holding plc | secondary | I-07 | Machinery | IG-02 | 6.12 Bn | 0.00 Mn | 1.62 | 5.72 Bn |
| 39 | ORA | Ormat Technologies, Inc. | secondary | U-02 | Power Generation | UG-01 | 6.08 Bn | 0.00 Mn | 5.12 | 5.42 Bn |
| 40 | LAAOF | Li Auto Inc. | secondary | D-01 | Automobiles and Components | DG-01 | 5.98 Bn | 0.00 Mn | 0.40 | -6.51 Bn |
| 41 | TTAN | ServiceTitan, Inc. | secondary | T-30 | Vertical Software | TG-05 | 5.45 Bn | 0.00 Mn | 5.12 | 4.97 Bn |
| 42 | EQPT | EquipmentShare.com Inc | secondary | I-32 | Distribution and Rental | IG-07 | 4.78 Bn | 0.00 Mn | 2.90 | 4.33 Bn |
| 43 | BETA | BETA Technologies, Inc. | secondary | I-01 | Aerospace and Defense | IG-01 | 4.69 Bn | 0.00 Mn | 104.57 | 4.69 Bn |
| 44 | VNT | Vontier Corp | secondary | I-08 | Machinery | IG-02 | 4.44 Bn | 0.00 Mn | 1.45 | 4.18 Bn |
| 45 | CCC | CCC Intelligent Solutions Holdings Inc. | secondary | T-27 | Vertical Software | TG-05 | 3.89 Bn | 0.00 Mn | 3.50 | 3.77 Bn |
| 46 | LBRT | Liberty Energy Inc. | secondary | E-10 | Oilfield Services and Equipment | EG-04 | 3.59 Bn | 0.00 Mn | 0.86 | 3.04 Bn |
| 47 | QS | QuantumScape Corp | secondary | I-43 | Clean Energy Equipment | IG-10 | 3.23 Bn | 0.00 Mn | — | 3.23 Bn |
| 48 | ABM | Abm Industries Inc /De/ | secondary | I-27 | Business Services | IG-06 | 2.92 Bn | 0.00 Mn | 0.32 | 2.81 Bn |
| 49 | VC | Visteon Corp | secondary | I-07 | Machinery | IG-02 | 2.67 Bn | 0.00 Mn | 0.71 | 2.02 Bn |
| 50 | RNW | ReNew Energy Global plc | secondary | U-02 | Power Generation | UG-01 | 2.50 Bn | 0.01 Mn | 1.67 | 2.11 Bn |
| 51 | BBUC | Brookfield Business Corp | secondary | I-15 | Construction Services | IG-04 | 2.30 Bn | 0.00 Mn | 0.09 | -2.46 Bn |
| 52 | PLPC | Preformed Line Products Co | secondary | I-07 | Machinery | IG-02 | 1.97 Bn | 0.00 Mn | 2.66 | 1.89 Bn |
| 53 | IE | Ivanhoe Electric Inc. | secondary | M-10 | Metals and Mining | MG-02 | 1.73 Bn | 0.00 Mn | 572.80 | 1.73 Bn |
| 54 | EOSE | Eos Energy Enterprises, Inc. | secondary | I-43 | Clean Energy Equipment | IG-10 | 1.43 Bn | 0.00 Mn | 6.67 | 1.08 Bn |
| 55 | FLNC | Fluence Energy, Inc. | secondary | I-43 | Clean Energy Equipment | IG-10 | 1.40 Bn | 0.00 Mn | 0.53 | 0.84 Bn |
| 56 | EVCM | EverCommerce Inc. | secondary | T-27 | Vertical Software | TG-05 | 1.20 Bn | 0.00 Mn | 2.01 | 1.07 Bn |
| 57 | AMRC | Ameresco, Inc. | secondary | I-15 | Construction Services | IG-04 | 1.20 Bn | — | — | 1.10 Bn |
| 58 | WGO | Winnebago Industries Inc | secondary | D-04 | Automobiles and Components | DG-01 | 0.82 Bn | 0.00 Mn | 0.29 | 0.76 Bn |
| 59 | NRGV | Energy Vault Holdings, Inc. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.76 Bn | 0.00 Mn | 3.39 | 0.66 Bn |
| 60 | NAAS | NaaS Technology Inc. | secondary | I-45 | Clean Energy Equipment | IG-10 | 0.74 Bn | 0.00 Mn | 35.39 | 0.73 Bn |
| 61 | ENVX | Enovix Corp | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.70 Bn | 0.00 Mn | 19.40 | 0.70 Bn |
| 62 | ADSE | Ads-Tec Energy Public Ltd Co | secondary | I-45 | Clean Energy Equipment | IG-10 | 0.66 Bn | 0.00 Mn | 6.34 | 0.66 Bn |
| 63 | WBX | Wallbox N.V. | secondary | I-45 | Clean Energy Equipment | IG-10 | 0.51 Bn | 0.00 Mn | 3.04 | 0.49 Bn |
| 64 | AMPX-WT | Amprius Technologies, Inc. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.47 Bn | 0.00 Mn | 4.27 | 0.39 Bn |
| 65 | ELVA | Electrovaya Inc. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.27 Bn | 0.00 Mn | 3.69 | 0.25 Bn |
| 66 | RELL | Richardson Electronics, Ltd. | secondary | I-07 | Machinery | IG-02 | 0.25 Bn | 0.00 Mn | 1.11 | 0.22 Bn |
| 67 | CHPT | ChargePoint Holdings, Inc. | secondary | I-45 | Clean Energy Equipment | IG-10 | 0.23 Bn | 0.00 Mn | 0.54 | 0.14 Bn |
| 68 | MVST | Microvast Holdings, Inc. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.22 Bn | 0.00 Mn | 0.60 | 0.08 Bn |
| 69 | EVGO | EVgo Inc. | secondary | I-45 | Clean Energy Equipment | IG-10 | 0.19 Bn | 0.00 Mn | 0.48 | 0.01 Bn |
| 70 | SES | SES AI Corp | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.17 Bn | 0.00 Mn | 7.40 | 0.17 Bn |
| 71 | NEOV | NeoVolta Inc. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.16 Bn | 0.00 Mn | 8.66 | 0.15 Bn |
| 72 | SHMD | SCHMID Group N.V. | secondary | I-04 | Machinery | IG-02 | 0.13 Bn | 0.00 Mn | 3.39 | 0.11 Bn |
| 73 | MAAS | Maase Inc. | secondary | F-16 | Insurance | FG-04 | 0.11 Bn | — | 21.73 | 0.11 Bn |
| 74 | OESX | Orion Energy Systems, Inc. | secondary | I-07 | Machinery | IG-02 | 0.11 Bn | 0.00 Mn | 1.20 | 0.11 Bn |
| 75 | KULR | KULR Technology Group, Inc. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.11 Bn | 0.00 Mn | 7.04 | 0.10 Bn |
| 76 | OZSC | Ozop Energy Solutions, Inc. | secondary | I-45 | Clean Energy Equipment | IG-10 | 0.10 Bn | — | — | 0.10 Bn |
| 77 | ACRG | American Clean Resources Group, Inc. | secondary | I-04 | Machinery | IG-02 | 0.10 Bn | 0.00 Mn | — | 0.10 Bn |
| 78 | HYSR | Sunhydrogen, Inc. | secondary | I-44 | Clean Energy Equipment | IG-10 | 0.09 Bn | 0.00 Mn | — | 0.09 Bn |
| 79 | CBAT | CBAK Energy Technology, Inc. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.09 Bn | 0.00 Mn | 0.39 | -0.01 Bn |
| 80 | LSE | Leishen Energy Holding Co., Ltd. | secondary | E-11 | Oilfield Services and Equipment | EG-04 | 0.09 Bn | 0.00 Mn | 1.87 | 0.06 Bn |
| 81 | BLNK | Blink Charging Co. | secondary | I-45 | Clean Energy Equipment | IG-10 | 0.08 Bn | 0.00 Mn | 0.82 | 0.05 Bn |
| 82 | STI | Solidion Technology Inc. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.06 Bn | 0.00 Mn | 271.05 | 0.06 Bn |
| 83 | ATVK | Ameritek Ventures, Inc. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.06 Bn | 0.00 Mn | 2,129.84 | 0.06 Bn |
| 84 | ZENA | ZenaTech, Inc. | secondary | I-02 | Aerospace and Defense | IG-01 | 0.06 Bn | 0.00 Mn | 3.79 | 0.05 Bn |
| 85 | KNDI | Kandi Technologies Group, Inc. | secondary | D-01 | Automobiles and Components | DG-01 | 0.05 Bn | -46.28 Mn | 0.59 | -0.08 Bn |
| 86 | STEM | Stem, Inc. | secondary | T-40 | Infrastructure Software | TG-06 | 0.05 Bn | 0.00 Mn | 0.33 | 0.01 Bn |
| 87 | LGO | Largo Inc. | secondary | M-10 | Metals and Mining | MG-02 | 0.05 Bn | 0.00 Mn | 0.38 | 0.04 Bn |
| 88 | SPWR | SunPower Inc. | secondary | I-17 | Construction Services | IG-04 | 0.05 Bn | 0.00 Mn | 0.17 | 0.04 Bn |
| 89 | CVV | Cvd Equipment Corp | secondary | I-04 | Machinery | IG-02 | 0.04 Bn | 0.00 Mn | 1.71 | 0.04 Bn |
| 90 | XOS | Xos, Inc. | secondary | I-05 | Machinery | IG-02 | 0.04 Bn | 0.00 Mn | 0.79 | 0.02 Bn |
| 91 | PPSI | Pioneer Power Solutions, Inc. | secondary | I-45 | Clean Energy Equipment | IG-10 | 0.04 Bn | 0.00 Mn | 1.72 | 0.02 Bn |
| 92 | NXXT | Nextnrg, Inc. | secondary | U-02 | Power Generation | UG-01 | 0.03 Bn | 0.00 Mn | 0.33 | 0.03 Bn |
| 93 | BEEM | Beam Global | secondary | I-45 | Clean Energy Equipment | IG-10 | 0.03 Bn | 0.00 Mn | 1.15 | 0.03 Bn |
| 94 | WKHS | Workhorse Group Inc. | secondary | D-01 | Automobiles and Components | DG-01 | 0.03 Bn | 0.00 Mn | 1.54 | 0.03 Bn |
| 95 | RECT | Rectitude Holdings Ltd. | secondary | I-31 | Distribution and Rental | IG-07 | 0.02 Bn | 0.00 Mn | 0.45 | 0.01 Bn |
| 96 | SCAG | Scage Future | secondary | I-05 | Machinery | IG-02 | 0.02 Bn | — | — | 0.02 Bn |
| 97 | TLIH | Ten-League International Holdings Ltd | secondary | I-31 | Distribution and Rental | IG-07 | 0.02 Bn | 0.00 Mn | 0.29 | 0.01 Bn |
| 98 | EBON | Ebang International Holdings Inc. | secondary | T-01 | Semiconductors | TG-01 | 0.01 Bn | 0.00 Mn | 2.03 | 0.01 Bn |
| 99 | DFLI | Dragonfly Energy Holdings Corp. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.01 Bn | 0.00 Mn | 0.17 | 0.01 Bn |
| 100 | TURB | Turbo Energy, S.A. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.01 Bn | 0.00 Mn | 0.60 | 0.01 Bn |
| 101 | GWH | ESS Tech, Inc. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.01 Bn | 0.00 Mn | -10.86 | 0.01 Bn |
| 102 | SAGT | SAGTEC GLOBAL Ltd | secondary | T-31 | Vertical Software | TG-05 | 0.01 Bn | 0.00 Mn | 3.03 | 0.01 Bn |
| 103 | PBK | POWERBANK Corp | secondary | U-02 | Power Generation | UG-01 | 0.01 Bn | 0.00 Mn | 0.44 | 0.00 Bn |
| 104 | FLUX | Flux Power Holdings, Inc. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.01 Bn | 0.00 Mn | 0.30 | 0.01 Bn |
| 105 | XCH | XCHG Ltd | secondary | I-45 | Clean Energy Equipment | IG-10 | 0.01 Bn | 0.00 Mn | 0.88 | -11,385.37 Bn |
| 106 | SMXT | SolarMax Technology, Inc. | secondary | I-17 | Construction Services | IG-04 | 0.01 Bn | 0.00 Mn | 0.10 | 0.01 Bn |
| 107 | AETN | Aeternum Health, Inc. | secondary | I-45 | Clean Energy Equipment | IG-10 | 0.01 Bn | 0.00 Mn | 101.20 | 0.01 Bn |
| 108 | WKSP | Worksport Ltd | secondary | D-02 | Automobiles and Components | DG-01 | 0.01 Bn | 0.00 Mn | 0.33 | 0.00 Bn |
| 109 | XPON | Expion Energy, Inc. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.01 Bn | 0.00 Mn | 0.63 | 0.00 Bn |
| 110 | CHEV | Charging Robotics Inc. | secondary | I-45 | Clean Energy Equipment | IG-10 | 0.01 Bn | 0.00 Mn | — | 0.01 Bn |
| 111 | POLA | Polar Power, Inc. | secondary | I-07 | Machinery | IG-02 | 0.00 Bn | 0.00 Mn | 1.04 | 0.00 Bn |
| 112 | ELPW | Elong Power Holding Ltd. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.00 Bn | 0.00 Mn | 1.30 | -0.01 Bn |
| 113 | UCAR | U Power Ltd | secondary | I-45 | Clean Energy Equipment | IG-10 | 0.00 Bn | 0.00 Mn | 0.04 | 0.00 Bn |
| 114 | TOGI | TurnOnGreen, Inc. | secondary | I-07 | Machinery | IG-02 | 0.00 Bn | 0.00 Mn | 0.30 | 0.00 Bn |
| 115 | DEVSF | DevvStream Corp. | secondary | F-06 | Lending and Credit | FG-02 | 0.00 Bn | 0.00 Mn | 86.12 | 0.00 Bn |
| 116 | SGLY | Singularity Future Technology Ltd. | secondary | I-22 | Transportation | IG-05 | 0.00 Bn | 0.00 Mn | 0.56 | -0.02 Bn |
| 117 | ZEOWW | Zeo Energy Corp. | secondary | I-17 | Construction Services | IG-04 | 0.00 Bn | 0.00 Mn | 0.01 | 0.00 Bn |
| 118 | NVVE | Nuvve Holding Corp. | secondary | I-45 | Clean Energy Equipment | IG-10 | 0.00 Bn | 0.00 Mn | 0.10 | 0.00 Bn |
| 119 | CREG | Smart Powerr Corp. | secondary | I-36 | Waste Management | IG-08 | 0.00 Bn | 0.00 Mn | 1.35 | 0.00 Bn |
| 120 | JZXN | Jiuzi Holdings, Inc. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.00 Bn | — | — | 0.00 Bn |
| 121 | RAYA | Erayak Power Solution Group Inc. | secondary | I-07 | Machinery | IG-02 | 0.00 Bn | 0.00 Mn | 0.01 | -0.01 Bn |
| 122 | BRNX | Brenx Ltd. | secondary | I-43 | Clean Energy Equipment | IG-10 | 0.00 Bn | 0.00 Mn | 0.08 | 0.00 Bn |
| 123 | INLF | INLIF Ltd | secondary | I-04 | Machinery | IG-02 | 0.00 Bn | 0.00 Mn | 0.00 | -0.01 Bn |