Sunnova Energy

0.12 (1.13%)

NYSE:NOVA | Last traded on 11-15-2019 4:02 PM

Market Reaction

Offer Price

$18.00

Today Open Price

$10.67

Change Since IPO

Market Cap

$900.2M

Day High

$10.80

Day Low

$10.49

View Stock Chart

Featured Analysis

Cash flow is not as bad as profits. The valuation is not terribly high in this market. I am on the middle for this one.

Company Data

Location

Houston, TX

Valuation

$365.2M

-

Founded

2012

Total Shares Offered

20,294,118

-

Employees

299

IPO Date

TBD

Background Information


Financial Analysis

Years 2017 2018
Revenue growth -- 35%
Net profit margin -117%-65%
Valuation -- $1.5B
Revenue multiple -- 14x
Profit multiple ---22x

Financial Information

Income Statement ($M) 2017 2018
Revenue77104
Cost of goods sold2737
Gross profit5068
Total operating expense87118
EBIT(10)(14)
Pretax Profit(90)(68)
Net income(90)(68)
Balance Sheet ($M) 2017 2018
Total current assets8190
Cash and cash equivalents5653
Total assets1,3291,665
Total current liabilities15495
Total liabilities9191,078
Total shareholder equity371501
Total liabilities and equity1,3291,665
Cash Flow Statement ($M) 20172018
Net cash from operating activities (49)(12)
Net cash from investing activities (289)(349)
Net cash from financing activities 370366
Net increase in cash and cash equivalents 325