DAQO New Energy Corp. (DQ) vs Enphase Energy, Inc. (ENPH)
DAQO New Energy Corp. and Enphase Energy, Inc. are both Solar companies. Enphase Energy, Inc. is the larger, with a market value of $4.4B against $774.8M — 5.7× the size. DAQO New Energy Corp. has negative trailing earnings, so its P/E is not meaningful; Enphase Energy, Inc. trades at 31.8×. DAQO New Energy Corp. grew revenue faster over the last twelve months: −6.28% against −10.4%. Enphase Energy, Inc. has the higher net margin (10.1% vs −34.5%) and the higher return on invested capital (8.45% vs −4.45%). Across the 20 metrics below, Enphase Energy, Inc. leads on 13 and DAQO New Energy Corp. on 7.
Valuation
Profitability
| Metric | DQ | ENPH | Solar median |
|---|---|---|---|
| Gross margin | (35.45%) | 46.95% | 31.92% |
| Operating margin | (52.20%) | 8.32% | (9.70%) |
| Net margin | (34.50%) | 10.09% | (8.48%) |
| Free cash flow margin | (47.06%) | 11.49% | (2.95%) |
| Return on equity | 0.00% | 13.00% | 5.34% |
| Return on assets | (3.04%) | 4.40% | (5.36%) |
| Return on invested capital | (4.45%) | 8.45% | (5.27%) |
Growth
Health
Dividend
Size
Any metric, up to five companies and an Excel export Powerpack