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After a strong downward movement, the ENPH share looks undervalued compared to its historical norm - this applies to both the P/E ratio and the EV/EBITDA.
ENPH hit 65% and 38.8% in those margins respectively, while FSLR saw 49% and 3%.
Source: https://www.etftrends.com/etf-building-blocks-channel/play-rising-clean-energy-stocks-aces/