Sunnova Energy Net Worth
Sunnova Energy Net Worth Breakdown | NOVA |
Sunnova Energy Net Worth Analysis
Sunnova Energy's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Sunnova Energy's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Sunnova Energy's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Sunnova Energy's net worth analysis. One common approach is to calculate Sunnova Energy's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Sunnova Energy's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Sunnova Energy's net worth. This approach calculates the present value of Sunnova Energy's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Sunnova Energy's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Sunnova Energy's net worth. This involves comparing Sunnova Energy's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Sunnova Energy's net worth relative to its peers.
Enterprise Value |
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To determine if Sunnova Energy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Sunnova Energy's net worth research are outlined below:
| Sunnova Energy Inter generated a negative expected return over the last 90 days | |
| Sunnova Energy Inter has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 720.65 M. Net Loss for the year was (502.43 M) with profit before overhead, payroll, taxes, and interest of 299.31 M. | |
| Sunnova Energy International currently holds about 412.58 M in cash with (237.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.59. | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Why Sunnova Energy Stock Leaped 23 percent Higher Today |
Sunnova Energy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Sunnova Energy International. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Sunnova Energy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Sunnova Energy's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Sunnova Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sunnova Energy International backward and forwards among themselves. Sunnova Energy's institutional investor refers to the entity that pools money to purchase Sunnova Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.7 M | Electron Capital Partners, Llc | 2024-06-30 | 3 M | Millennium Management Llc | 2024-06-30 | 2.5 M | Geode Capital Management, Llc | 2024-06-30 | 2.5 M | Point72 Asset Management, L.p. | 2024-06-30 | 2.4 M | Citadel Advisors Llc | 2024-06-30 | 2.4 M | Ci Private Wealth Llc | 2024-06-30 | 2.3 M | Bank Of America Corp | 2024-06-30 | 2.3 M | Goldman Sachs Group Inc | 2024-06-30 | 2.2 M | Bnp Paribas Investment Partners Sa | 2024-06-30 | 14.1 M | Blackrock Inc | 2024-06-30 | 13.2 M |
Follow Sunnova Energy's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 546.04 M.Market Cap |
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Project Sunnova Energy's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.04) | (0.04) | |
| Return On Capital Employed | (0.02) | (0.02) | |
| Return On Assets | (0.04) | (0.04) | |
| Return On Equity | (0.27) | (0.29) |
When accessing Sunnova Energy's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Sunnova Energy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Sunnova Energy's profitability and make more informed investment decisions.
Please note, the presentation of Sunnova Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sunnova Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Sunnova Energy's management manipulating its earnings.
Evaluate Sunnova Energy's management efficiency
Sunnova Energy Inter has return on total asset (ROA) of (0.0114) % which means that it has lost $0.0114 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2272) %, meaning that it created substantial loss on money invested by shareholders. Sunnova Energy's management efficiency ratios could be used to measure how well Sunnova Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of November 22, 2024, Return On Tangible Assets is expected to decline to -0.04. In addition to that, Return On Capital Employed is expected to decline to -0.02. At present, Sunnova Energy's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 1.3 B, whereas Non Currrent Assets Other are forecasted to decline to about 531.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 17.99 | 10.94 | |
| Tangible Book Value Per Share | 16.86 | 10.42 | |
| Enterprise Value Over EBITDA | -2.3 K | -2.2 K | |
| Price Book Value Ratio | 1.18 | 2.30 | |
| Enterprise Value Multiple | -2.3 K | -2.2 K | |
| Price Fair Value | 1.18 | 2.30 | |
| Enterprise Value | 6.4 B | 3.3 B |
The leadership approach at Sunnova Energy's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Enterprise Value Revenue 10.5665 | Revenue 810 M | Quarterly Revenue Growth 0.186 | Revenue Per Share 6.552 | Return On Equity (0.23) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Sunnova Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sunnova Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Sunnova Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Robertson Corbin J Iii over a week ago Acquisition by Robertson Corbin J Iii of 85048 shares of Sunnova Energy at 3.3189 subject to Rule 16b-3 | ||
William Berger over two months ago Disposition of 48413 shares by William Berger of Sunnova Energy at 7.0468 subject to Rule 16b-3 | ||
Yang Mary over a year ago Exercise or conversion by Yang Mary of 7255 shares of Sunnova Energy subject to Rule 16b-3 | ||
Santo Salvo John T over a year ago Acquisition by Santo Salvo John T of 6456 shares of Sunnova Energy subject to Rule 16b-3 |
Sunnova Energy Corporate Filings
13A | 21st of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F4 | 20th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 13th of November 2024 Other Reports | ViewVerify | |
13A | 4th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Sunnova Energy Earnings per Share Projection vs Actual
Sunnova Energy Corporate Management
| Douglas Kimmelman | Independent Director | Profile | |
| Michael Morgan | Independent Director | Profile | |
| Jackson III | Executive Officer | Profile | |
| Akbar Mohamed | Independent Director | Profile | |
| Meghan Nutting | Executive Vice President Policy and Communications | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.