Emeren Group Ltd (SOL)

NYSE: SOL · IEX Real-Time Price · USD
2.075
+0.095 (4.80%)
Feb 26, 2024, 1:21 PM EST - Market open

Total Valuation

Emeren Group has a market cap or net worth of $113.42 million. The enterprise value is $102.22 million.

Market Cap 113.42M
Enterprise Value 102.22M

Important Dates

The next estimated earnings date is Tuesday, March 26, 2024, after market close.

Earnings Date Mar 26, 2024
Ex-Dividend Date n/a

Share Statistics

Emeren Group has 60.27 million shares outstanding.

Shares Outstanding 60.27M
Owned by Insiders (%) 0.90%
Owned by Institutions (%) 44.85%
Float n/a

Valuation Ratios

The trailing PE ratio is 19.80 and the forward PE ratio is 5.14. Emeren Group's PEG ratio is 0.75.

PE Ratio 19.80
Forward PE 5.14
PS Ratio 1.31
Forward PS 0.74
PB Ratio 0.35
P/FCF Ratio n/a
PEG Ratio 0.75
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.18
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 5.40, with a Debt / Equity ratio of 0.18.

Current Ratio 5.40
Quick Ratio 3.57
Debt / Equity 0.18
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -0.83

Financial Efficiency

Return on equity (ROE) is -0.90% and return on invested capital (ROIC) is -0.82%.

Return on Equity (ROE) -0.90%
Return on Assets (ROA) -0.60%
Return on Capital (ROIC) -0.82%
Revenue Per Employee $438,259
Profits Per Employee -$14,964
Employee Count 197
Asset Turnover 0.18
Inventory Turnover n/a

Taxes

In the past 12 months, Emeren Group has paid $1.77 million in taxes.

Income Tax 1.77M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -57.02% in the last 52 weeks. The beta is 1.75, so Emeren Group's price volatility has been higher than the market average.

Beta (1Y) 1.75
52-Week Price Change -57.02%
50-Day Moving Average 2.21
200-Day Moving Average 2.98
Relative Strength Index (RSI) 46.77
Average Volume (30 Days) 576,470

Short Selling Information

Short Interest 1.42M
Short Previous Month 1.09M
Short % of Shares Out 5.03%
Short % of Float n/a
Short Ratio (days to cover) 3.24

Income Statement

In the last 12 months, Emeren Group had revenue of $86.34 million and -$2.95 million in losses.

Revenue 86.34M
Gross Profit 25.93M
Operating Income -3.12M
Pretax Income -1.18M
Net Income -2.95M
EBITDA n/a
EBIT -535,000
Earnings Per Share (EPS) $0.10
Full Income Statement

Balance Sheet

The company has $69.30 million in cash and $58.10 million in debt, giving a net cash position of $11.20 million or $0.19 per share.

Cash & Cash Equivalents 69.30M
Total Debt 58.10M
Net Cash 11.20M
Net Cash Per Share $0.19
Equity / Book Value 322.34M
Book Value Per Share 5.35
Working Capital 173.99M
Full Balance Sheet

Cash Flow

Operating Cash Flow -38.51M
Capital Expenditures n/a
Free Cash Flow -38.51M
FCF Per Share -$0.67
Full Cash Flow Statement

Margins

Gross margin is 30.03%, with operating and profit margins of -3.62% and -3.41%.

Gross Margin 30.03%
Operating Margin -3.62%
Pretax Margin -1.37%
Profit Margin -3.41%
EBITDA Margin n/a
EBIT Margin -0.62%
FCF Margin -44.61%

Dividends & Yields

Emeren Group 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 14.52%
Shareholder Yield 14.52%
Earnings Yield -2.60%
FCF Yield -33.96%

Analyst Forecast

The average price target for Emeren Group is $5.80, which is 179.52% higher than the current price. The consensus rating is "Strong Buy".

Price Target $5.80
Price Target Difference 179.52%
Analyst Consensus Strong Buy
Analyst Count 4
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on February 10, 2017. It was a reverse split with a ratio of 1:5.

Last Split Date Feb 10, 2017
Split Type Reverse
Split Ratio 1:5

Scores

Emeren Group has an Altman Z-Score of 0.02 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.02
Piotroski F-Score 4