private T ConvertEnum<T>(int i) where T : struct, IConvertible
{
    return (T)i;
}

private int? TryParseInt(string value)
{
    var i = 0;
    if (!int.TryParse(value, out i))
    {
        return null;
    }
    return i;
}

private T? TryParseEnum<T>(string value) where T : struct, IConvertible
{
    var i = TryParseInt(value);
    if (!i.HasValue)
    {
        return null;
    }

    return (T)i.Value;
}

return (T)(object)i.Value;

void Main()
{
    Console.WriteLine("Cast (reference): {0}", (TestEnum)5);
    Console.WriteLine("EnumConverter: {0}", EnumConverter<TestEnum>.Convert(5));
    Console.WriteLine("Enum.ToObject: {0}", Enum.ToObject(typeof(TestEnum), 5));

    int iterations = 1000 * 1000 * 100;
    Measure(iterations, "Cast (reference)", () => { var t = (TestEnum)5; });
    Measure(iterations, "EnumConverter", () => EnumConverter<TestEnum>.Convert(5));
    Measure(iterations, "Enum.ToObject", () => Enum.ToObject(typeof(TestEnum), 5));
}

static class EnumConverter<TEnum> where TEnum : struct, IConvertible
{
    public static readonly Func<long, TEnum> Convert = GenerateConverter();

    static Func<long, TEnum> GenerateConverter()
    {
        var parameter = Expression.Parameter(typeof(long));
        var dynamicMethod = Expression.Lambda<Func<long, TEnum>>(
            Expression.Convert(parameter, typeof(TEnum)),
            parameter);
        return dynamicMethod.Compile();
    }
}

enum TestEnum
{
    Value = 5
}

static void Measure(int repetitions, string what, Action action)
{
    action();

    var total = Stopwatch.StartNew();
    for (int i = 0; i < repetitions; i++)
    {
        action();
    }
    Console.WriteLine("{0}: {1}", what, total.Elapsed);
}

Cast (reference): Value
EnumConverter: Value
Enum.ToObject: Value
Cast (reference): 00:00:00.3175615
EnumConverter: 00:00:00.4335949
Enum.ToObject: 00:00:14.3396366

return (T)Enum.Parse(typeof(T), i.Value.ToString(), true);

public static class Extensions
    {
        public static T ToEnum<T>(this int param)
        {
            var info = typeof(T);
            if (info.IsEnum)
            {
                T result = (T)Enum.Parse(typeof(T), param.ToString(), true);
                return result;
            }

            return default(T);
        }
    }

Enum.ToObject