PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios

ENPH vs. FSLR

Last updated Sep 30, 2023

Compare and contrast key facts about Enphase Energy, Inc. (ENPH) and First Solar, Inc. (FSLR).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENPH or FSLR.

Key characteristics


ENPHFSLR
YTD Return-54.65%7.88%
1Y Return-56.76%23.42%
5Y Return (Ann)90.21%27.35%
10Y Return (Ann)30.66%14.42%
Sharpe Ratio-1.050.42
Daily Std Dev56.17%53.14%
Max Drawdown-95.97%-96.22%

Fundamentals


ENPHFSLR
Market Cap$16.38B$17.26B
EPS$3.79$1.45
PE Ratio31.70111.44
PEG Ratio2.201.58
Revenue (TTM)$2.80B$2.99B
Gross Profit (TTM)$974.60M$127.66M
EBITDA (TTM)$691.99M$380.03M

Correlation

0.45
-1.001.00

The correlation between ENPH and FSLR is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

ENPH vs. FSLR - Performance Comparison

In the year-to-date period, ENPH achieves a -54.65% return, which is significantly lower than FSLR's 7.88% return. Over the past 10 years, ENPH has outperformed FSLR with an annualized return of 30.66%, while FSLR has yielded a comparatively lower 14.42% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-40.00%-30.00%-20.00%-10.00%0.00%10.00%MayJuneJulyAugustSeptember
-40.70%
-22.50%
ENPH
FSLR

Compare stocks, funds, or ETFs


Enphase Energy, Inc.

First Solar, Inc.

ENPH vs. FSLR - Dividend Comparison

Neither ENPH nor FSLR has paid dividends to shareholders.


Tickers have no history of dividend payments

ENPH vs. FSLR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Enphase Energy, Inc. (ENPH) and First Solar, Inc. (FSLR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ENPH
Enphase Energy, Inc.
-1.05
FSLR
First Solar, Inc.
0.42

ENPH vs. FSLR - Sharpe Ratio Comparison

The current ENPH Sharpe Ratio is -1.05, which is lower than the FSLR Sharpe Ratio of 0.35. The chart below compares the 12-month rolling Sharpe Ratio of ENPH and FSLR.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.005.00MayJuneJulyAugustSeptember
-1.05
0.35
ENPH
FSLR

ENPH vs. FSLR - Drawdown Comparison

The maximum ENPH drawdown for the period was -65.13%, lower than the maximum FSLR drawdown of -31.54%. The drawdown chart below compares losses from any high point along the way for ENPH and FSLR


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%MayJuneJulyAugustSeptember
-64.24%
-30.26%
ENPH
FSLR

ENPH vs. FSLR - Volatility Comparison

Enphase Energy, Inc. (ENPH) and First Solar, Inc. (FSLR) have volatilities of 9.85% and 9.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%35.00%MayJuneJulyAugustSeptember
9.85%
9.95%
ENPH
FSLR