Sunnova Energy International Stock EBITDA
| NOVA Stock | USD 5.54 0.13 2.40% |
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.
| Last Reported | Projected for Next Year | ||
| EBITDA | 44.5 M | 37.4 M |
Sunnova | EBITDA |
Sunnova Energy International Company EBITDA Analysis
Sunnova Energy's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Sunnova Energy EBITDA | 44.52 M |
Most of Sunnova Energy's fundamental indicators, such as EBITDA, 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.
Sunnova EBITDA Driver Correlations
Understanding the fundamental principles of building solid financial models for Sunnova Energy is extremely important. It helps to project a fair market value of Sunnova Stock properly, considering its historical fundamentals such as EBITDA. Since Sunnova Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sunnova Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sunnova Energy's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
| Competition |
Sunnova Ebitda
Ebitda |
|
According to the company disclosure, Sunnova Energy International reported earnings before interest,tax, depreciation and amortization of 44.52 M. This is 95.19% lower than that of the Independent Power and Renewable Electricity Producers sector and 24.17% lower than that of the Utilities industry. The ebitda for all United States stocks is 98.86% higher than that of the company.
Sunnova EBITDA 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 EBITDA 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 ebitda 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 Energy Institutional Holders
Institutional Holdings refers to the ownership stake in Sunnova Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sunnova Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sunnova Energy's value.| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.7 M | Electron Capital Partners, Llc | 2024-09-30 | 3.4 M | Geode Capital Management, Llc | 2024-09-30 | 2.6 M | Millennium Management Llc | 2024-06-30 | 2.5 M | Citadel Advisors Llc | 2024-09-30 | 2.5 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 | Qube Research & Technologies | 2024-06-30 | 1.7 M | Bnp Paribas Investment Partners Sa | 2024-06-30 | 14.1 M | Blackrock Inc | 2024-06-30 | 13.2 M |
Sunnova Fundamentals
| Return On Equity | -0.23 | ||||
| Return On Asset | -0.0114 | ||||
| Profit Margin | (0.51) % | ||||
| Operating Margin | (0.22) % | ||||
| Current Valuation | 8.72 B | ||||
| Shares Outstanding | 124.95 M | ||||
| Shares Owned By Insiders | 2.57 % | ||||
| Shares Owned By Institutions | 97.43 % | ||||
| Number Of Shares Shorted | 32.91 M | ||||
| Price To Earning | 16.71 X | ||||
| Price To Book | 0.39 X | ||||
| Price To Sales | 0.85 X | ||||
| Revenue | 720.65 M | ||||
| Gross Profit | 299.31 M | ||||
| EBITDA | 44.52 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 | 2.47 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 | 692.24 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.
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.