Enphase Energy (NASDAQ:ENPH) & TOYO (NASDAQ:TOYO) Head to Head Review

TOYO (NASDAQ:TOYO) and Enphase Energy (NASDAQ:ENPH) are both energy companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, dividends, analyst recommendations, institutional ownership, earnings, risk and profitability.

Profitability

This table compares TOYO and Enphase Energy’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
TOYO	N/A	N/A	N/A
Enphase Energy	12.93%	25.67%	7.03%

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for TOYO and Enphase Energy, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TOYO	0	1	0	0	2.00
Enphase Energy	13	12	6	0	1.77

Enphase Energy has a consensus target price of $41.76, indicating a potential upside of 38.18%. Given Enphase Energy’s higher probable upside, analysts clearly believe Enphase Energy is more favorable than TOYO.

Earnings and Valuation

This table compares TOYO and Enphase Energy”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
TOYO	$176.96 million	1.47	$40.61 million	N/A	N/A
Enphase Energy	$1.51 billion	2.61	$102.66 million	$1.45	20.84

Enphase Energy has higher revenue and earnings than TOYO.

Institutional and Insider Ownership

84.6% of TOYO shares are held by institutional investors. Comparatively, 72.1% of Enphase Energy shares are held by institutional investors. 0.3% of TOYO shares are held by company insiders. Comparatively, 3.1% of Enphase Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Risk & Volatility

TOYO has a beta of 0.76, meaning that its share price is 24% less volatile than the S&P 500. Comparatively, Enphase Energy has a beta of 1.63, meaning that its share price is 63% more volatile than the S&P 500.

Summary

Enphase Energy beats TOYO on 10 of the 12 factors compared between the two stocks.

About TOYO

TOYO Co. Ltd. engages in the design, manufacture, and sale of solar cells and modules. It is involved in integrating the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and potentially other stages of the solar power supply chain. The company was founded on November 8, 2022 and is headquartered in Tokyo, Japan.

About Enphase Energy

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control. It also provides microinverter units and related accessories, an IQ gateway; IQ batteries; the cloud-based Enlighten monitoring service; storage solutions; and electric vehicle charging solutions, as well as design, proposal, permitting, and lead generation services. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.