Sunnova Energy International Inc. (NOVA)

NYSE: NOVA · IEX Real-Time Price · USD
6.13
+0.16 (2.68%)
At close: Mar 28, 2024, 4:01 PM
6.14
+0.01 (0.16%)
After-hours: Mar 28, 2024, 7:59 PM EDT

Total Valuation

NOVA has a market cap or net worth of $750.83 million. The enterprise value is $8.05 billion.

Market Cap 750.83M
Enterprise Value 8.05B

Important Dates

The last earnings date was Wednesday, February 22, 2023, after market close.

Earnings Date Feb 22, 2023
Ex-Dividend Date n/a

Share Statistics

NOVA has 122.48 million shares outstanding. The number of shares has increased by 3.40% in one year.

Shares Outstanding 122.48M
Shares Change (YoY) +3.40%
Shares Change (QoQ) +2.43%
Owned by Insiders (%) 2.37%
Owned by Institutions (%) 132.36%
Float 106.48M

Valuation Ratios

PE Ratio n/a
Forward PE 100.00
PS Ratio 1.04
Forward PS 0.74
PB Ratio 0.49
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 11.17
EV / EBITDA 59.75
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 0.86, with a Debt / Equity ratio of 4.92.

Current Ratio 0.86
Quick Ratio 3.87
Debt / Equity 4.92
Debt / EBITDA 55.76
Debt / FCF n/a
Interest Coverage -0.13

Financial Efficiency

Return on equity (ROE) is -29.10% and return on invested capital (ROIC) is -2.69%.

Return on Equity (ROE) -29.10%
Return on Assets (ROA) -4.10%
Return on Capital (ROIC) -2.69%
Revenue Per Employee $352,053
Profits Per Employee -$204,182
Employee Count 2,047
Asset Turnover 0.07
Inventory Turnover n/a

Taxes

Income Tax -1.02M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -51.69% in the last 52 weeks. The beta is 2.11, so NOVA's price volatility has been higher than the market average.

Beta (1Y) 2.11
52-Week Price Change -51.69%
50-Day Moving Average 8.21
200-Day Moving Average 12.33
Relative Strength Index (RSI) 47.28
Average Volume (30 Days) 9,186,167

Short Selling Information

The latest short interest is 36.13 million, so 29.50% of the outstanding shares have been sold short.

Short Interest 36.13M
Short Previous Month 34.32M
Short % of Shares Out 29.50%
Short % of Float 33.93%
Short Ratio (days to cover) 2.93

Income Statement

In the last 12 months, NOVA had revenue of $720.65 million and -$417.96 million in losses. Loss per share was -$3.53.

Revenue 720.65M
Gross Profit 196.16M
Operating Income -243.44M
Pretax Income -418.98M
Net Income -417.96M
EBITDA 134.77M
EBIT -47.05M
Loss Per Share -$3.53
Full Income Statement

Balance Sheet

The company has $212.83 million in cash and $7.51 billion in debt, giving a net cash position of -$7.30 billion or -$59.61 per share.

Cash & Cash Equivalents 212.83M
Total Debt 7.51B
Net Cash -7.30B
Net Cash Per Share -$59.61
Equity / Book Value 1.53B
Book Value Per Share 12.47
Working Capital -159.04M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$237.56 million and capital expenditures -$1.83 billion, giving a free cash flow of -$2.07 billion.

Operating Cash Flow -237.56M
Capital Expenditures -1.83B
Free Cash Flow -2.07B
FCF Per Share -$17.49
Full Cash Flow Statement

Margins

Gross margin is 27.22%, with operating and profit margins of -33.78% and -58.00%.

Gross Margin 27.22%
Operating Margin -33.78%
Pretax Margin -58.14%
Profit Margin -58.00%
EBITDA Margin 18.70%
EBIT Margin -6.53%
FCF Margin -287.28%

Dividends & Yields

NOVA does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -3.40%
Shareholder Yield -3.40%
Earnings Yield -55.67%
FCF Yield -275.73%
Dividend Details

Analyst Forecast

The average price target for NOVA is $19.30, which is 214.85% higher than the current price. The consensus rating is "Strong Buy".

Price Target $19.30
Price Target Difference 214.85%
Analyst Consensus Strong Buy
Analyst Count 24
Revenue Growth Forecast (5Y) 25.41%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

NOVA has an Altman Z-Score of 0.05 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.05
Piotroski F-Score 1