InvestAnswers Newsletter

InvestAnswers Newsletter

Share this post

InvestAnswers Newsletter
InvestAnswers Newsletter
RECAP: FACE OFF - HIMS & HERS VS ENPHASE
Copy link
Facebook
Email
Notes
More

RECAP: FACE OFF - HIMS & HERS VS ENPHASE

Enphase vs Hims: The Battle of 2 Next Big Disruptors!

InvestAnswers's avatar
InvestAnswers
Sep 26, 2023
∙ Paid
Share

NUGGETS OF ALPHA

  • HIMS is a telehealth platform that connects consumers to licensed healthcare professionals

  • The telehealth market is forecasted to quadruple to $120B by 2030

  • ENPH's primary solutions are solar panels and inverters for energy storage

  • The ENPH break-even point for installation costs is usually three years

  • HIMS has a strong cash position that is growing slightly and the debt is minimal

  • HIMS' stock dilution is 100% per year on average, dating back to 2020 with its IPO

  • ENPH recently approved a stock repurchase program of $1B worth of shares

  • ENPH won a large proportion of the IA Face Off 30,000-foot ratios

  • 3-year CAGR for HIMS is only 2.7% versus 50.4% for ENPH

  • Since HIMS's IPO in 2020, it has gone down 40%, while ENPH is up over 400%

  • ENPH recently hit a perfect support level that has served ever since early 2021

  • ENPH is worth a nibble as a disruptive stock with great upside going forward


This lesson is a result of our recent IA Patreon Community poll. We went with #4 on the list, ENPH vs HIMS, because the others are apples to oranges comparisons eg Crypto vs Equity or Equity vs BTC Proxy.


Face Off Playlist

This channel is about disruption and finding alpha wherever it may appear - check out our playlist above for a list of all Face Offs.


This chart summarizes the key differences between these two companies.


Hims & Hers Health (HIMS) is a telehealth platform that connects consumers to licensed healthcare professionals, enabling them to access high-quality medical care for numerous conditions related to mental health, sexual health, dermatology, primary care, and more. Many of the prescriptions for the ailments are branded by the company.


The telehealth market is forecasted to

Keep reading with a 7-day free trial

Subscribe to InvestAnswers Newsletter to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 InvestAnswers
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More