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SUNNOVA ENERGY INTERNATIONAL (NOVA) Stock Fundamental Analysis

NYSE:NOVA - New York Stock Exchange, Inc. - US86745K1043 - Common Stock - Currency: USD

0.1755  -0.01 (-5.19%)

After market: 0.184 +0.01 (+4.84%)

Fundamental Rating

1

Overall NOVA gets a fundamental rating of 1 out of 10. We evaluated NOVA against 21 industry peers in the Independent Power and Renewable Electricity Producers industry. NOVA has a bad profitability rating. Also its financial health evaluation is rather negative. NOVA is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

In the past year NOVA has reported negative net income.
In the past year NOVA has reported a negative cash flow from operations.
NOVA had negative earnings in each of the past 5 years.
In the past 5 years NOVA always reported negative operating cash flow.
NOVA Yearly Net Income VS EBIT VS OCF VS FCFNOVA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 -500M -1B -1.5B -2B

1.2 Ratios

NOVA has a worse Return On Assets (-2.75%) than 76.19% of its industry peers.
With a Return On Equity value of -20.09%, NOVA is not doing good in the industry: 76.19% of the companies in the same industry are doing better.
Industry RankSector 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
NOVA Yearly ROA, ROE, ROICNOVA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 -10 -20 -30

1.3 Margins

NOVA's Gross Margin of 44.88% is in line compared to the rest of the industry. NOVA outperforms 52.38% of its industry peers.
In the last couple of years the Gross Margin of NOVA has declined.
The Profit Margin and Operating Margin are not available for NOVA so they could not be analyzed.
Industry RankSector 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%
NOVA Yearly Profit, Operating, Gross MarginsNOVA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 -100 -150

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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.
Compared to 5 years ago, NOVA has more shares outstanding
NOVA has a better debt/assets ratio than last year.
NOVA Yearly Shares OutstandingNOVA Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
NOVA Yearly Total Debt VS Total AssetsNOVA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

Based on the Altman-Z score of -0.01, we must say that NOVA is in the distress zone and has some risk of bankruptcy.
NOVA's Altman-Z score of -0.01 is on the low side compared to the rest of the industry. NOVA is outperformed by 61.90% of its industry peers.
NOVA has a Debt/Equity ratio of 4.44. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of NOVA (4.44) is worse than 61.90% of its industry peers.
Industry RankSector Rank
Debt/Equity 4.44
Debt/FCF N/A
Altman-Z -0.01
ROIC/WACCN/A
WACC4.39%
NOVA Yearly LT Debt VS Equity VS FCFNOVA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B 8B

2.3 Liquidity

A Current Ratio of 0.78 indicates that NOVA may have some problems paying its short term obligations.
NOVA's Current ratio of 0.78 is on the low side compared to the rest of the industry. NOVA is outperformed by 61.90% 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 61.90% of its industry peers.
Industry RankSector Rank
Current Ratio 0.78
Quick Ratio 0.68
NOVA Yearly Current Assets VS Current LiabilitesNOVA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

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6

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.
The Revenue has grown by 16.55% in the past year. This is quite good.
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.
Based on estimates for the next years, NOVA will show a quite strong growth in Revenue. The Revenue will grow by 12.52% on average per year.
EPS Next Y3.8%
EPS Next 2Y2.09%
EPS Next 3Y5.06%
EPS Next 5Y10.83%
Revenue Next Year16.44%
Revenue Next 2Y15.96%
Revenue Next 3Y17.18%
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.
NOVA Yearly Revenue VS EstimatesNOVA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 500M 1B 1.5B 2B
NOVA Yearly EPS VS EstimatesNOVA Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 -1 -2 -3

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4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for NOVA. In the last year negative earnings were reported.
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 RankSector Rank
PE N/A
Fwd PE N/A
NOVA Price Earnings VS Forward Price EarningsNOVA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 50 100 150 200

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NOVA indicates a slightly more expensive valuation: NOVA is more expensive than 71.43% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 186
NOVA Per share dataNOVA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y2.09%
EPS Next 3Y5.06%

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5. Dividend

5.1 Amount

No dividends for NOVA!.
Industry RankSector Rank
Dividend Yield N/A

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SUNNOVA ENERGY INTERNATIONAL

NYSE:NOVA (4/17/2025, 8:04:01 PM)

After market: 0.184 +0.01 (+4.84%)

0.1755

-0.01 (-5.19%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Earnings (Last)03-03 2025-03-03/bmo
Earnings (Next)04-23 2025-04-23/amc
Inst Owners106.57%
Inst Owner Change-5.48%
Ins Owners2.02%
Ins Owner Change3.54%
Market Cap21.95M
Analysts54.17
Price Target0.89 (407.12%)
Short Float %32.36%
Short Ratio2.26
Dividend
Industry RankSector 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)-88.41%
PT rev (3m)-91.22%
EPS NQ rev (1m)1.94%
EPS NQ rev (3m)-9.79%
EPS NY rev (1m)-22.86%
EPS NY rev (3m)-19.53%
Revenue NQ rev (1m)-2.35%
Revenue NQ rev (3m)-9.88%
Revenue NY rev (1m)-3.36%
Revenue NY rev (3m)-6.49%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.03
P/FCF N/A
P/OCF N/A
P/B 0.01
P/tB 0.01
EV/EBITDA 186
EPS(TTM)-2.77
EYN/A
EPS(NY)-2.66
Fwd EYN/A
FCF(TTM)-15.62
FCFYN/A
OCF(TTM)-2.49
OCFYN/A
SpS6.72
BVpS14.64
TBVpS13.8
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector 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
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 3Y-8.87%
GM growth 5Y-6.82%
F-Score5
Asset Turnover0.06
Health
Industry RankSector 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
WACC4.39%
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 Y3.8%
EPS Next 2Y2.09%
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 Year16.44%
Revenue Next 2Y15.96%
Revenue Next 3Y17.18%
Revenue Next 5Y12.52%
EBIT growth 1Y7.56%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year394.46%
EBIT Next 3Y81.3%
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