Sunnova Energy International Stock Fundamentals
| NOVA Stock | USD 5.34 0.44 8.98% |
Sunnova Energy International fundamentals help investors to digest information that contributes to Sunnova Energy's financial success or failures. It also enables traders to predict the movement of Sunnova Stock. The fundamental analysis module provides a way to measure Sunnova Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sunnova Energy stock.
At present, Sunnova Energy's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 390.5 M, whereas Tax Provision is projected to grow to (971.9 K). Sunnova | Select Account or Indicator |
Sunnova Energy International Company Return On Equity Analysis
Sunnova Energy's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Sunnova Energy Return On Equity | -0.23 |
Most of Sunnova Energy's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sunnova Energy International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Sunnova Total Stockholder Equity
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Based on the latest financial disclosure, Sunnova Energy International has a Return On Equity of -0.2272. This is 98.11% lower than that of the Independent Power and Renewable Electricity Producers sector and 99.61% lower than that of the Utilities industry. The return on equity for all United States stocks is 26.71% lower than that of the firm.
Sunnova Energy Inter Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sunnova Energy's current stock value. Our valuation model uses many indicators to compare Sunnova Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sunnova Energy competition to find correlations between indicators driving Sunnova Energy's intrinsic value. More Info.Sunnova Energy International is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . At present, Sunnova Energy's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sunnova Energy's earnings, one of the primary drivers of an investment's value.Sunnova Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sunnova Energy's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sunnova Energy could also be used in its relative valuation, which is a method of valuing Sunnova Energy by comparing valuation metrics of similar companies.Sunnova Energy is currently under evaluation in return on equity category among its peers.
Sunnova Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Sunnova Energy from analyzing Sunnova Energy's financial statements. These drivers represent accounts that assess Sunnova Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sunnova Energy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 455.3M | 4.0B | 3.1B | 2.1B | 1.9B | 1.5B | |
| Enterprise Value | 1.8B | 5.8B | 6.1B | 7.1B | 6.4B | 3.3B |
Sunnova Energy ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sunnova Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sunnova Energy's managers, analysts, and investors.Environmental | Governance | Social |
Sunnova Fundamentals
| Return On Equity | -0.23 | ||||
| Return On Asset | -0.0114 | ||||
| Profit Margin | (0.51) % | ||||
| Operating Margin | (0.22) % | ||||
| Current Valuation | 8.64 B | ||||
| Shares Outstanding | 124.95 M | ||||
| Shares Owned By Insiders | 2.57 % | ||||
| Shares Owned By Institutions | 97.43 % | ||||
| Number Of Shares Shorted | 31.84 M | ||||
| Price To Earning | 16.71 X | ||||
| Price To Book | 0.34 X | ||||
| Price To Sales | 0.76 X | ||||
| Revenue | 720.65 M | ||||
| Gross Profit | 299.31 M | ||||
| EBITDA | 50.31 M | ||||
| Net Income | (502.43 M) | ||||
| Cash And Equivalents | 412.58 M | ||||
| Cash Per Share | 3.59 X | ||||
| Total Debt | 7.52 B | ||||
| Debt To Equity | 2.85 % | ||||
| Current Ratio | 2.05 X | ||||
| Book Value Per Share | 14.24 X | ||||
| Cash Flow From Operations | (237.56 M) | ||||
| Short Ratio | 4.04 X | ||||
| Earnings Per Share | (3.38) X | ||||
| Price To Earnings To Growth | 1.04 X | ||||
| Target Price | 10.92 | ||||
| Number Of Employees | 2.05 K | ||||
| Beta | 2.26 | ||||
| Market Capitalization | 612.27 M | ||||
| Total Asset | 11.34 B | ||||
| Retained Earnings | (228.58 M) | ||||
| Working Capital | (159.04 M) | ||||
| Current Asset | 30.22 M | ||||
| Current Liabilities | 40.43 M | ||||
| Net Asset | 11.34 B |
About Sunnova Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sunnova Energy International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sunnova Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sunnova Energy International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 50.8 M | 53.4 M | |
| Total Revenue | 720.7 M | 756.7 M | |
| Cost Of Revenue | 427.5 M | 448.9 M | |
| Stock Based Compensation To Revenue | 0.04 | 0.04 | |
| Sales General And Administrative To Revenue | 0.60 | 0.76 | |
| Capex To Revenue | 2.54 | 2.96 | |
| Revenue Per Share | 6.09 | 6.39 | |
| Ebit Per Revenue | (0.34) | (0.35) |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Sunnova Energy Inter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunnova Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sunnova Energy International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunnova Energy International Stock:Check out Sunnova Energy Piotroski F Score and Sunnova Energy Altman Z Score analysis. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sunnova Energy. If investors know Sunnova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sunnova Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.38) | Revenue Per Share 6.552 | Quarterly Revenue Growth 0.186 | Return On Assets (0.01) | Return On Equity (0.23) |
The market value of Sunnova Energy Inter is measured differently than its book value, which is the value of Sunnova that is recorded on the company's balance sheet. Investors also form their own opinion of Sunnova Energy's value that differs from its market value or its book value, called intrinsic value, which is Sunnova Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sunnova Energy's market value can be influenced by many factors that don't directly affect Sunnova Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sunnova Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunnova Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunnova Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.