SUNNOVA ENERGY INTERNATIONAL (NOVA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NOVA - US86745K1043 - Common Stock
0.2202 USD
+0.02 (+7.94%)
0.1577 USD
-0.06 (-28.38%)
Taking everything into account, NOVA scores 1 out of 10 in our fundamental rating. NOVA was compared to 20 industry peers in the Independent Power and Renewable Electricity Producers industry. Both the profitability and financial health of NOVA have multiple concerns. While showing a medium growth rate, NOVA is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year NOVA has reported negative net income.
NOVA had a negative operating cash flow in the past year.
In the past 5 years NOVA always reported negative net income.
NOVA had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
NOVA's Return On Assets of -2.75% is on the low side compared to the rest of the industry. NOVA is outperformed by 70.00% of its industry peers.
Looking at the Return On Equity, with a value of -20.09%, NOVA is doing worse than 70.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.75% | ||
| ROE | -20.09% | ||
| ROIC | N/A |
ROA(3y)-2.79%
ROA(5y)-3.58%
ROE(3y)-20.05%
ROE(5y)-19.65%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NOVA has a Gross Margin of 44.88%. This is comparable to the rest of the industry: NOVA outperforms 55.00% of its industry peers.
In the last couple of years the Gross Margin of NOVA has declined.
NOVA does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 44.88% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.87%
GM growth 5Y-6.82%
2. Health
2.1 Basic Checks
NOVA does not have a ROIC to compare to the WACC, probably because it is not profitable.
NOVA has more shares outstanding than it did 1 year ago.
The number of shares outstanding for NOVA has been increased compared to 5 years ago.
Compared to 1 year ago, NOVA has an improved debt to assets ratio.
2.2 Solvency
NOVA has an Altman-Z score of -0.01. This is a bad value and indicates that NOVA is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of NOVA (-0.01) is worse than 60.00% of its industry peers.
A Debt/Equity ratio of 4.44 is on the high side and indicates that NOVA has dependencies on debt financing.
NOVA has a Debt to Equity ratio of 4.44. This is in the lower half of the industry: NOVA underperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.01 |
ROIC/WACCN/A
WACC4.4%
2.3 Liquidity
A Current Ratio of 0.78 indicates that NOVA may have some problems paying its short term obligations.
NOVA has a Current ratio of 0.78. This is in the lower half of the industry: NOVA underperforms 70.00% of its industry peers.
A Quick Ratio of 0.68 indicates that NOVA may have some problems paying its short term obligations.
The Quick ratio of NOVA (0.68) is worse than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
NOVA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.53%, which is quite good.
Looking at the last year, NOVA shows a quite strong growth in Revenue. The Revenue has grown by 16.55% in the last year.
Measured over the past years, NOVA shows a very strong growth in Revenue. The Revenue has been growing by 44.88% on average per year.
EPS 1Y (TTM)18.53%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%20.28%
Revenue 1Y (TTM)16.55%
Revenue growth 3Y51.45%
Revenue growth 5Y44.88%
Sales Q2Q%15.42%
3.2 Future
NOVA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.83% yearly.
The Revenue is expected to grow by 12.52% on average over the next years. This is quite good.
EPS Next Y4.26%
EPS Next 2Y2.66%
EPS Next 3Y5.06%
EPS Next 5Y10.83%
Revenue Next Year16.91%
Revenue Next 2Y16.41%
Revenue Next 3Y17.96%
Revenue Next 5Y12.52%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
NOVA reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NOVA. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NOVA is valued a bit more expensive than 70.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 186.13 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y2.66%
EPS Next 3Y5.06%
5. Dividend
5.1 Amount
NOVA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
0.2202
+0.02 (+7.94%)
Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)
Earnings (Next)
Inst Owners67.37%
Inst Owner Change-35.92%
Ins Owners1.89%
Ins Owner Change0%
Market Cap27.68M
Revenue(TTM)839.92M
Net Income(TTM)-367.89M
Analysts52.63
Price Target0.81 (267.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-65.11%
Min EPS beat(2)-73.88%
Max EPS beat(2)-56.34%
EPS beat(4)2
Avg EPS beat(4)-4.65%
Min EPS beat(4)-73.88%
Max EPS beat(4)87.49%
EPS beat(8)2
Avg EPS beat(8)-112.79%
EPS beat(12)3
Avg EPS beat(12)-84.01%
EPS beat(16)4
Avg EPS beat(16)-81.84%
Revenue beat(2)0
Avg Revenue beat(2)-4.97%
Min Revenue beat(2)-6.3%
Max Revenue beat(2)-3.65%
Revenue beat(4)0
Avg Revenue beat(4)-7.56%
Min Revenue beat(4)-19.05%
Max Revenue beat(4)-1.23%
Revenue beat(8)1
Avg Revenue beat(8)-7.41%
Revenue beat(12)4
Avg Revenue beat(12)4.42%
Revenue beat(16)6
Avg Revenue beat(16)3.64%
PT rev (1m)3.2%
PT rev (3m)-89.46%
EPS NQ rev (1m)1.48%
EPS NQ rev (3m)-2.27%
EPS NY rev (1m)0%
EPS NY rev (3m)-22.27%
Revenue NQ rev (1m)0.49%
Revenue NQ rev (3m)-1.36%
Revenue NY rev (1m)-0.3%
Revenue NY rev (3m)-2.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.03 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.02 | ||
| P/tB | 0.02 | ||
| EV/EBITDA | 186.13 |
EPS(TTM)-2.77
EYN/A
EPS(NY)-2.65
Fwd EYN/A
FCF(TTM)-15.54
FCFYN/A
OCF(TTM)-2.47
OCFYN/A
SpS6.68
BVpS14.57
TBVpS13.74
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.75% | ||
| ROE | -20.09% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 44.88% | ||
| FCFM | N/A |
ROA(3y)-2.79%
ROA(5y)-3.58%
ROE(3y)-20.05%
ROE(5y)-19.65%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.87%
GM growth 5Y-6.82%
F-Score5
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.44 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 182.8 | ||
| Cap/Depr | 638.13% | ||
| Cap/Sales | 195.59% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | -0.01 |
F-Score5
WACC4.4%
ROIC/WACCN/A
Cap/Depr(3y)760.55%
Cap/Depr(5y)735.11%
Cap/Sales(3y)201.86%
Cap/Sales(5y)238.92%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.53%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%20.28%
EPS Next Y4.26%
EPS Next 2Y2.66%
EPS Next 3Y5.06%
EPS Next 5Y10.83%
Revenue 1Y (TTM)16.55%
Revenue growth 3Y51.45%
Revenue growth 5Y44.88%
Sales Q2Q%15.42%
Revenue Next Year16.91%
Revenue Next 2Y16.41%
Revenue Next 3Y17.96%
Revenue Next 5Y12.52%
EBIT growth 1Y7.56%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year407.58%
EBIT Next 3Y80.72%
EBIT Next 5Y45.49%
FCF growth 1Y5.63%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-30.85%
OCF growth 3YN/A
OCF growth 5YN/A
SUNNOVA ENERGY INTERNATIONAL / NOVA FAQ
Can you provide the ChartMill fundamental rating for SUNNOVA ENERGY INTERNATIONAL?
ChartMill assigns a fundamental rating of 1 / 10 to NOVA.
What is the valuation status of SUNNOVA ENERGY INTERNATIONAL (NOVA) stock?
ChartMill assigns a valuation rating of 0 / 10 to SUNNOVA ENERGY INTERNATIONAL (NOVA). This can be considered as Overvalued.
Can you provide the profitability details for SUNNOVA ENERGY INTERNATIONAL?
SUNNOVA ENERGY INTERNATIONAL (NOVA) has a profitability rating of 0 / 10.
What is the earnings growth outlook for SUNNOVA ENERGY INTERNATIONAL?
The Earnings per Share (EPS) of SUNNOVA ENERGY INTERNATIONAL (NOVA) is expected to grow by 4.26% in the next year.