ENPH vs BTG

Comparison between Enphase Energy Inc (ENPH, Company) and B2gold Corp (BTG, Company).

ENPH is from the Technology sector, while BTG is from the Basic Materials sector.

5-Year PerformanceBTG has outperformed ENPH, delivering a return of +1.3% compared to -14.8%

ENPH vs BTG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ENPH(COMPANY)	BTG(COMPANY)
Market Cap	$7B	$7B
Max Drawdown	95.97%	85.97%
Sharpe Ratio	0.73	0.88
5Y Beta	1.15	0.74
Industry	Solar	Gold
P/E Ratio	51.51	13.16
Forward P/E	29.67	5.99
PEG Ratio	1.41	4.71
Dividend Yield	N/A	1.71%
5Y Dividends CAGR	N/A	-7.79%
5Y EPS CAGR	6.99%	-10.26%
Debt to Equity	51.94%	14.16%
Free Cash Flow Yield	2.07%	6.05%
P/S Ratio	5.00	1.69
P/B Ratio	6.35	1.68

Market Cap

Winner

ENPH

$7B

BTG

$7B

Max Drawdown

ENPH

95.97%

Winner

BTG

85.97%

Sharpe Ratio

ENPH

0.73

Winner

BTG

0.88

5Y Beta

ENPH

1.15

Winner

BTG

0.74

Industry

ENPH

Solar

BTG

Gold

P/E Ratio

ENPH

51.51

Winner

BTG

13.16

Forward P/E

ENPH

29.67

Winner

BTG

5.99

PEG Ratio

Winner

ENPH

1.41

BTG

4.71

Dividend Yield

ENPH

N/A

BTG

1.71%

5Y Dividends CAGR

ENPH

N/A

BTG

-7.79%

5Y EPS CAGR

Winner

ENPH

6.99%

BTG

-10.26%

Debt to Equity

ENPH

51.94%

Winner

BTG

14.16%

Free Cash Flow Yield

ENPH

2.07%

Winner

BTG

6.05%

P/S Ratio

ENPH

5.00

Winner

BTG

1.69

P/B Ratio

ENPH

6.35

Winner

BTG

1.68

ENPH vs BTG - Historical Returns

Returns include dividend reinvestment.

Period	ENPH	BTG
1 month	+81.08%	-5.76%
3 months	+35.08%	-19.91%
6 months	+137.76%	+21.21%
1 year	+68.48%	+41.37%
5 years(CAGR)	-14.75%	+1.25%
10 years(CAGR)	+41.59%	+11.59%
Max(CAGR)	+16.55%	+8.10%

Winner

ENPH

+81.08%

BTG

-5.76%

Winner

ENPH

+35.08%

BTG

-19.91%

Winner

ENPH

+137.76%

BTG

+21.21%

Winner

ENPH

+68.48%

BTG

+41.37%

5Y(CAGR)

ENPH

-14.75%

Winner

BTG

+1.25%

10Y(CAGR)

Winner

ENPH

+41.59%

BTG

+11.59%

Max(CAGR)

Winner

ENPH

+16.55%

BTG

+8.10%

ENPH vs BTG - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	ENPH	BTG
2026	+89.72%	+2.16%
2025	-55.09%	+78.02%
2024	-47.67%	-17.05%
2023	-47.83%	-9.96%
2022	+43.65%	-2.86%
2021	+6.21%	-30.96%
2020	+498.06%	+45.22%
2019	+431.10%	+38.18%
2018	+81.92%	-4.89%
2017	+129.52%	+22.53%
2016	-71.06%	+130.10%
2015	-75.30%	-41.04%
2014	+110.77%	-24.30%
2013	+67.28%	-46.37%
2012	-50.27%	+15.17%
2011	N/A	+15.86%
2010	N/A	+122.79%
2009	N/A	+224.08%
2008	N/A	-75.00%

ENPH vs BTG Drawdown Comparison

The maximum drawdown for ENPH was -95.97%, occurring on May 18, 2017. Recovery took 1192 trading sessions.

The maximum drawdown for BTG was -85.97%, occurring on Jan 25, 2016. Recovery took 1982 trading sessions.

The current ENPH drawdown is -80.94%. The current BTG drawdown is -25.97%.

Rank	ENPH	BTG
#1	-95.97% Sep 17, 2014 - Jun 13, 2019	-85.97% Apr 2, 2012 - Feb 19, 2020
#2	-92.23% Dec 2, 2022 - Nov 20, 2025	-83.33% Jun 24, 2008 - Apr 9, 2010
#3	-77.44% May 3, 2012 - May 13, 2013	-63.35% Aug 5, 2020 - Oct 16, 2025
#4	-59.40% Feb 21, 2020 - May 11, 2020	-43.30% Feb 24, 2020 - Apr 22, 2020
#5	-55.19% Nov 19, 2021 - Jul 28, 2022	-36.64% Feb 26, 2026 - Mar 20, 2026
#6	-49.38% May 14, 2013 - Jul 14, 2014	-36.51% Sep 16, 2011 - Mar 12, 2012
#7	-48.45% Aug 21, 2019 - Feb 4, 2020	-36.20% Oct 16, 2025 - Feb 24, 2026
#8	-46.38% Jan 7, 2021 - Oct 27, 2021	-27.99% Jun 18, 2010 - Sep 20, 2010
#9	-41.77% May 19, 2020 - Aug 4, 2020	-26.15% May 12, 2010 - Jun 18, 2010
#10	-25.81% Sep 14, 2022 - Dec 2, 2022	-20.69% Jun 10, 2011 - Aug 12, 2011
#11	-17.35% Sep 1, 2020 - Sep 29, 2020	-20.05% Apr 14, 2011 - Jun 7, 2011
#12	-16.45% Jul 24, 2014 - Aug 11, 2014	-18.35% Dec 13, 2010 - Mar 1, 2011
#13	-15.54% Oct 20, 2020 - Nov 5, 2020	-14.12% Nov 8, 2010 - Dec 1, 2010
#14	-13.57% Apr 2, 2012 - May 1, 2012	-13.46% Aug 16, 2011 - Sep 1, 2011
#15	-13.35% Jun 18, 2019 - Jul 3, 2019	-12.67% Apr 14, 2010 - May 11, 2010