SUNRUN INC (RUN) Stock Fundamental Analysis
USA - NASDAQ:RUN - US86771W1053 - Common Stock
19.51 USD
-0.63 (-3.13%)
19.79 USD
+0.28 (+1.44%)
Overall RUN gets a fundamental rating of 3 out of 10. We evaluated RUN against 93 industry peers in the Electrical Equipment industry. Both the profitability and financial health of RUN have multiple concerns. RUN is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year RUN was profitable.
In the past year RUN has reported a negative cash flow from operations.
In the past 5 years RUN reported 4 times negative net income.
In the past 5 years RUN always reported negative operating cash flow.
1.2 Ratios
RUN has a Return On Assets (-12.09%) which is comparable to the rest of the industry.
The Return On Equity of RUN (-87.73%) is worse than 60.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.09% | ||
| ROE | -87.73% | ||
| ROIC | N/A |
ROA(3y)-7.08%
ROA(5y)-4.59%
ROE(3y)-46.51%
ROE(5y)-28.73%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 19.71%, RUN is in line with its industry, outperforming 43.01% of the companies in the same industry.
RUN's Gross Margin has declined in the last couple of years.
RUN 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 | 19.71% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.02%
GM growth 5Y-8.23%
2. Health
2.1 Basic Checks
RUN does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for RUN has been increased compared to 1 year ago.
RUN has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, RUN has a worse debt to assets ratio.
2.2 Solvency
RUN has an Altman-Z score of -0.05. This is a bad value and indicates that RUN is not financially healthy and even has some risk of bankruptcy.
RUN's Altman-Z score of -0.05 is in line compared to the rest of the industry. RUN outperforms 48.39% of its industry peers.
A Debt/Equity ratio of 4.72 is on the high side and indicates that RUN has dependencies on debt financing.
RUN has a Debt to Equity ratio of 4.72. This is in the lower half of the industry: RUN underperforms 79.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.72 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.05 |
ROIC/WACCN/A
WACC5.23%
2.3 Liquidity
A Current Ratio of 1.41 indicates that RUN should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.41, RUN is in line with its industry, outperforming 40.86% of the companies in the same industry.
A Quick Ratio of 1.02 indicates that RUN should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.02, RUN is in line with its industry, outperforming 49.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
RUN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 136.26%, which is quite impressive.
Measured over the past years, RUN shows a very strong growth in Earnings Per Share. The EPS has been growing by 42.86% on average per year.
RUN shows a small growth in Revenue. In the last year, the Revenue has grown by 3.27%.
RUN shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.87% yearly.
EPS 1Y (TTM)136.26%
EPS 3YN/A
EPS 5Y42.86%
EPS Q2Q%94.55%
Revenue 1Y (TTM)3.27%
Revenue growth 3Y8.17%
Revenue growth 5Y18.87%
Sales Q2Q%8.68%
3.2 Future
RUN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 34.57% yearly.
Based on estimates for the next years, RUN will show a quite strong growth in Revenue. The Revenue will grow by 10.45% on average per year.
EPS Next Y3.22%
EPS Next 2Y-18.03%
EPS Next 3Y-17.58%
EPS Next 5Y34.57%
Revenue Next Year9.9%
Revenue Next 2Y9.35%
Revenue Next 3Y11.07%
Revenue Next 5Y10.45%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
The Price/Earnings ratio is 8.45, which indicates a very decent valuation of RUN.
Based on the Price/Earnings ratio, RUN is valued cheaply inside the industry as 95.70% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of RUN to the average of the S&P500 Index (27.40), we can say RUN is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 24.40, the valuation of RUN can be described as rather expensive.
Based on the Price/Forward Earnings ratio, RUN is valued a bit cheaper than the industry average as 74.19% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.94, RUN is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.45 | ||
| Fwd PE | 24.4 |
4.2 Price Multiples
RUN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. RUN is cheaper than 64.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 96.24 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A cheap valuation may be justified as RUN's earnings are expected to decrease with -17.58% in the coming years.
PEG (NY)2.62
PEG (5Y)0.2
EPS Next 2Y-18.03%
EPS Next 3Y-17.58%
5. Dividend
5.1 Amount
No dividends for RUN!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
19.51
-0.63 (-3.13%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners106.19%
Inst Owner Change0.01%
Ins Owners2.66%
Ins Owner Change-0.32%
Market Cap4.50B
Analysts71.33
Price Target14.67 (-24.81%)
Short Float %25.52%
Short Ratio3.99
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)2
Avg EPS beat(2)373.8%
Min EPS beat(2)168.55%
Max EPS beat(2)579.04%
EPS beat(4)3
Avg EPS beat(4)309.16%
Min EPS beat(4)-157.51%
Max EPS beat(4)646.57%
EPS beat(8)5
Avg EPS beat(8)-152.76%
EPS beat(12)8
Avg EPS beat(12)-32.69%
EPS beat(16)10
Avg EPS beat(16)-9.5%
Revenue beat(2)2
Avg Revenue beat(2)2.41%
Min Revenue beat(2)1.67%
Max Revenue beat(2)3.14%
Revenue beat(4)2
Avg Revenue beat(4)-1.37%
Min Revenue beat(4)-5.73%
Max Revenue beat(4)3.14%
Revenue beat(8)3
Avg Revenue beat(8)-1.94%
Revenue beat(12)6
Avg Revenue beat(12)0.31%
Revenue beat(16)10
Avg Revenue beat(16)3.23%
PT rev (1m)5.59%
PT rev (3m)29.19%
EPS NQ rev (1m)2.75%
EPS NQ rev (3m)131.48%
EPS NY rev (1m)26.94%
EPS NY rev (3m)316.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.38%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.45 | ||
| Fwd PE | 24.4 | ||
| P/S | 2.11 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.54 | ||
| P/tB | 1.54 | ||
| EV/EBITDA | 96.24 |
EPS(TTM)2.31
EY11.84%
EPS(NY)0.8
Fwd EY4.1%
FCF(TTM)-16.11
FCFYN/A
OCF(TTM)-3.52
OCFYN/A
SpS9.23
BVpS12.68
TBVpS12.68
PEG (NY)2.62
PEG (5Y)0.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.09% | ||
| ROE | -87.73% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 19.71% | ||
| FCFM | N/A |
ROA(3y)-7.08%
ROA(5y)-4.59%
ROE(3y)-46.51%
ROE(5y)-28.73%
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
ROICexcg growth 3YN/A
ROICexcg 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 3Y2.02%
GM growth 5Y-8.23%
F-Score3
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.72 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 73.25 | ||
| Cap/Depr | 428.74% | ||
| Cap/Sales | 136.41% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 1.02 | ||
| Altman-Z | -0.05 |
F-Score3
WACC5.23%
ROIC/WACCN/A
Cap/Depr(3y)457.15%
Cap/Depr(5y)441.02%
Cap/Sales(3y)111.53%
Cap/Sales(5y)108.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)136.26%
EPS 3YN/A
EPS 5Y42.86%
EPS Q2Q%94.55%
EPS Next Y3.22%
EPS Next 2Y-18.03%
EPS Next 3Y-17.58%
EPS Next 5Y34.57%
Revenue 1Y (TTM)3.27%
Revenue growth 3Y8.17%
Revenue growth 5Y18.87%
Sales Q2Q%8.68%
Revenue Next Year9.9%
Revenue Next 2Y9.35%
Revenue Next 3Y11.07%
Revenue Next 5Y10.45%
EBIT growth 1Y29.96%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year140.47%
EBIT Next 3Y41.47%
EBIT Next 5Y30.2%
FCF growth 1Y-12.19%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y21.68%
OCF growth 3YN/A
OCF growth 5YN/A