Sunnova Energy International Stock EBITDA
| NOVA Stock | USD 4.79 0.37 8.37% |
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 | 63.5 M | 64.4 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 | 63.46 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.
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Sunnova EBITDA Historical Pattern
Today, most investors in Sunnova Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sunnova Energy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's ebitda growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Sunnova Energy ebitda as a starting point in their analysis.
Sunnova Energy EBITDA |
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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.
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Sunnova Ebitda
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According to the company disclosure, Sunnova Energy International reported earnings before interest,tax, depreciation and amortization of 63.46 M. This is 93.14% lower than that of the Independent Power and Renewable Electricity Producers sector and 8.09% higher than that of the Utilities industry. The ebitda for all United States stocks is 98.37% 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 related companies.
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 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 | State Street Corporation | 2023-12-31 | 2.9 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 2.8 M | Geode Capital Management, Llc | 2023-12-31 | 2.3 M | Ci Private Wealth Llc | 2023-12-31 | 2.3 M | Nomura Holdings Inc | 2023-12-31 | 2.2 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 2 M | Citadel Advisors Llc | 2023-09-30 | 1.8 M | Deutsche Bank Ag | 2023-12-31 | 1.6 M | Moore Capital Management, Lp | 2023-12-31 | 1.6 M | Blackrock Inc | 2023-12-31 | 15.3 M | Bnp Paribas Investment Partners Sa | 2023-12-31 | 11.5 M |
Sunnova Fundamentals
| Return On Equity | -0.23 | ||||
| Return On Asset | -0.0134 | ||||
| Profit Margin | (0.57) % | ||||
| Operating Margin | (0.52) % | ||||
| Current Valuation | 8.85 B | ||||
| Shares Outstanding | 123.98 M | ||||
| Shares Owned By Insiders | 2.31 % | ||||
| Shares Owned By Institutions | 97.69 % | ||||
| Number Of Shares Shorted | 39.8 M | ||||
| Price To Earning | 16.71 X | ||||
| Price To Book | 0.34 X | ||||
| Price To Sales | 0.72 X | ||||
| Revenue | 720.65 M | ||||
| Gross Profit | 299.31 M | ||||
| EBITDA | 63.46 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 | 12.94 X | ||||
| Cash Flow From Operations | (237.56 M) | ||||
| Short Ratio | 3.58 X | ||||
| Earnings Per Share | (3.40) X | ||||
| Price To Earnings To Growth | 1.04 X | ||||
| Target Price | 12.78 | ||||
| Number Of Employees | 2.05 K | ||||
| Beta | 2.08 | ||||
| Market Capitalization | 593.87 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.
Sunnova Energy Investors Sentiment
The influence of Sunnova Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Sunnova. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Sunnova Energy's public news can be used to forecast risks associated with an investment in Sunnova. The trend in average sentiment can be used to explain how an investor holding Sunnova can time the market purely based on public headlines and social activities around Sunnova Energy International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sunnova Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sunnova Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Sunnova Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sunnova Energy.
Sunnova Energy Implied Volatility | 154.71 |
Sunnova Energy's implied volatility exposes the market's sentiment of Sunnova Energy International stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Sunnova Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Sunnova Energy stock will not fluctuate a lot when Sunnova Energy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sunnova Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sunnova Energy's short interest history, or implied volatility extrapolated from Sunnova Energy options trading.
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Try AI Portfolio ArchitectCheck out Sunnova Energy Piotroski F Score and Sunnova Energy Altman Z Score analysis. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Sunnova Stock analysis
When running Sunnova Energy's price analysis, check to measure Sunnova Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sunnova Energy is operating at the current time. Most of Sunnova Energy's value examination focuses on studying past and present price action to predict the probability of Sunnova Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunnova Energy's price. Additionally, you may evaluate how the addition of Sunnova Energy to your portfolios can decrease your overall portfolio volatility.
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Is Sunnova Energy's industry 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 (3.40) | Revenue Per Share 5.984 | Quarterly Revenue Growth (0.01) | 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.