SUNation Energy Inc. (SUNE) 10-Year Financial Performance & Capital Metrics

SUNE • • Industrial / General

IndustrialsEngineering & ConstructionEnergy & Industrial ConstructionIndustrial Plant Construction

AboutSUNation Energy, Inc. is focused on local and regional solar, storage, and energy services companies nationwide. The firm's vision is to power the energy transition through the grass-roots growth of solar electricity paired with battery storage. Its portfolio of brands, including SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power, provides homeowners and small businesses with an end-to-end product offering spanning solar, battery storage, and grid services. The company was founded in 1969 and is headquartered in Ronkonkoma, NY.Show more

Revenue $57M -28.6%
EBITDA -$9M -293.2%
Net Income -$16M -94.9%
EPS (Diluted) -10115.00 +91.7%
Gross Margin 35.92% +3.3%
EBITDA Margin -16.12% -450.7%
Operating Margin -21.66% -131.0%
Net Margin -27.87% -173.0%
ROE -109.37% -220.5%
ROIC -28.53% -102.0%
Debt/Equity 2.39 +146.9%
Interest Coverage -3.99 -42.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.0x book value
✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

✗High debt to equity ratio of 2.4x
✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow
✗Weak momentum: RS Rating 9 (bottom 9%)
✗Low quality earnings: Net income not backed by cash flow
✗Sales declining 53.0% over 5 years

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-26.05%

5Y-53.02%

3Y1042.17%

TTM-1.41%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-89.99%

EPS CAGR

10Y-

5Y-

3Y-

TTM98.9%

ROCE

10Y Avg-36.98%

5Y Avg-63.61%

3Y Avg-35.31%

Latest-45.33%

Peer Comparison

Industrial Plant Construction

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
AGXArgan, Inc.	4.57B	329.66	53.60	52.47%	13.11%	28.57%	3.52%	0.01
AMRCAmeresco, Inc.	1.09B	31.32	29.27	28.76%	3.34%	5.75%		1.63
KBRKBR, Inc.	5.71B	44.98	16.06	11.3%	4.71%	25.87%	6.74%	1.95
FLRFluor Corporation	7B	43.44	3.53	5.43%	25.35%	69.19%	9.48%	0.28
SUNESUNation Energy Inc.	3.61M	1.06	-0.00	-28.59%	-33.82%	-93.5%		2.39
FGLFounder Group Limited Ordinary Shares	2.68M	0.15	-2.18	-38.98%	-5.7%	-32.28%		2.09
MTRXMatrix Service Company	381.37M	13.56	-12.79	5.64%	-2.93%	-17.54%	28.79%	0.15

Profit & Loss

	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.24B	2.72B	2.53B	2.01B	2.48B	8.08M	38.16K	27.52M	79.63M	56.86M
Revenue Growth %	0.93%	0.21%	-0.07%	-0.21%	0.24%	-1%	-1%	720.19%	1.89%	-0.29%
Cost of Goods Sold+	1.9B	2.42B	2.19B	1.86B	2.26B	5.97M	0	20.14M	51.94M	36.44M
COGS % of Revenue	0.85%	0.89%	0.87%	0.93%	0.91%	0.74%	-	0.73%	0.65%	0.64%
Gross Profit+	337.1M	294.9M	335.6M	145.3M	221.9M	2.11M	38.16K	7.38M	27.7M	20.43M
Gross Margin %	0.15%	0.11%	0.13%	0.07%	0.09%	0.26%	1%	0.27%	0.35%	0.36%
Gross Profit Growth %	1.63%	-0.13%	0.14%	-0.57%	0.53%	-0.99%	-0.98%	192.32%	2.75%	-0.26%
Operating Expenses+	322.6M	440.3M	378M	432.7M	627.7M	7.05M	4.9M	17.83M	35.16M	32.74M
OpEx % of Revenue	0.14%	0.16%	0.15%	0.22%	0.25%	0.87%	128.41%	0.65%	0.44%	0.58%
Selling, General & Admin	267M	352.8M	306.2M	361.6M	566M	7.05M	1.06M	12.21M	29.07M	27.05M
SG&A % of Revenue	0.12%	0.13%	0.12%	0.18%	0.23%	0.87%	27.79%	0.44%	0.37%	0.48%
Research & Development	55.6M	87.5M	71.8M	71.1M	61.7M	2.81M	0	0	0	0
R&D % of Revenue	0.02%	0.03%	0.03%	0.04%	0.02%	0.35%	-	-	-	-
Other Operating Expenses	0	0	0	0	0	-2.81M	3.84M	5.61M	6.09M	5.69M
Operating Income+	21.1M	-1.3B	57.2M	-313.6M	-536.8M	-4.94M	-4.86M	-10.45M	-7.47M	-12.32M
Operating Margin %	0.01%	-0.48%	0.02%	-0.16%	-0.22%	-0.61%	-127.41%	-0.38%	-0.09%	-0.22%
Operating Income Growth %	1.17%	-62.64%	1.04%	-6.48%	-0.71%	0.99%	0.02%	-1.15%	0.29%	-0.65%
EBITDA+	185.9M	-1.07B	304.1M	-45.3M	-179.4M	-4.13M	-3.43M	-7.22M	-2.33M	-9.16M
EBITDA Margin %	0.08%	-0.4%	0.12%	-0.02%	-0.07%	-0.51%	-89.96%	-0.26%	-0.03%	-0.16%
EBITDA Growth %	62.97%	-6.77%	1.28%	-1.15%	-2.96%	0.98%	0.17%	-1.1%	0.68%	-2.93%
D&A (Non-Cash Add-back)	164.8M	227.1M	246.9M	268.3M	357.4M	808.04K	1.43M	3.23M	5.14M	3.15M
EBIT	16.5M	-703.4M	-47M	-442.3M	-906.4M	-4.66M	-4.86M	-2.29M	-4.16M	-12.73M
Net Interest Income+	0	0	0	0	0	-28.51K	-1.37M	-976.61K	-2.66M	-3.09M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	29M	77.2M	135.3M	189.2M	410M	28.51K	1.37M	976.61K	2.66M	3.09M
Other Income/Expense	-33.6M	519.9M	-239.5M	-317.9M	-779.6M	247.24K	-1.37M	7.18M	646.15K	-3.5M
Pretax Income+	-12.5M	-780.6M	-182.3M	-631.5M	-1.32B	-4.69M	-6.24M	-3.27M	-6.82M	-15.81M
Pretax Margin %	-0.01%	-0.29%	-0.07%	-0.31%	-0.53%	-0.58%	-163.4%	-0.12%	-0.09%	-0.28%
Income Tax+	-53.3M	73.1M	64.9M	27.8M	-36M	14.57K	0	12.24K	119.18K	34.82K
Effective Tax Rate %	-2.75%	1.97%	0.83%	0.93%	0.9%	0.04%	1%	3.17%	1.19%	1%
Net Income+	34.4M	-1.54B	-150.6M	-586.7M	-1.18B	-171.66K	-6.24M	-10.35M	-8.13M	-15.85M
Net Margin %	0.02%	-0.57%	-0.06%	-0.29%	-0.48%	-0.02%	-163.4%	-0.38%	-0.1%	-0.28%
Net Income Growth %	1.59%	-45.65%	0.9%	-2.9%	-1.01%	1%	-35.33%	-0.66%	0.21%	-0.95%
Net Income (Continuing)	34.4M	-1.54B	-150.6M	-586.7M	-1.18B	-4.71M	-6.24M	-3.28M	-6.94M	-15.85M
Discontinued Operations	0	0	0	0	0	4.54M	0	-7.07M	-1.19M	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	690000.00	690000.00	156000.00	-66000.00	138000.00	-11046.00	184404.00	-605571.00	-121545.00	-10115.00
EPS Growth %	0.6%	0%	-0.77%	-1.42%	3.09%	-1.08%	17.69%	-4.28%	0.8%	0.92%
EPS (Basic)	696000.00	696000.00	156000.00	-66000.00	138000.00	-11046.00	187062.00	-605571.00	-121545.00	-10115.00
Diluted Shares Outstanding	14	14	14	14	14	16	16	45	67	2.71K
Basic Shares Outstanding	14	14	14	14	14	16	16	45	67	2.71K
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.74B	1.89B	1.46B	2.38B	2.79B	480K	18.97K	25.96M	15.78M	11.11M
Cash & Short-Term Investments	707.4M	639.8M	621.6M	614.5M	1.09B	0	18.97K	4.85M	3.58M	839.27K
Cash Only	707.3M	585.8M	572.6M	573.5M	943.7M	0	18.97K	2.19M	3.58M	839.27K
Short-Term Investments	100K	54M	49M	41M	149.1M	0	0	2.67M	0	0
Accounts Receivable	296M	202.9M	220.4M	351.5M	471.9M	0	0	6.46M	5.11M	5.47M
Days Sales Outstanding	48.25	27.27	31.8	63.91	69.33	-	-	85.66	23.44	35.08
Inventory	214.6M	321.8M	247.8M	248.4M	226.4M	0	0	6.05M	3.58M	2.71M
Days Inventory Outstanding	41.18	48.52	41.22	48.69	36.52	-	-	109.7	25.15	27.12
Other Current Assets	519.3M	721.4M	369.4M	1.17B	996.9M	480K	0	6.44M	2.2M	510.8K
Total Non-Current Assets+	2.87B	3B	3.24B	4.3B	8.71B	4.21M	2.78M	48.73M	42.39M	34.6M
Property, Plant & Equipment	0	2.39B	2.67B	3.12B	7.07B	0	0	5.36M	6.03M	4.93M
Fixed Asset Turnover	-	1.13x	0.95x	0.64x	0.35x	-	-	5.14x	13.21x	11.54x
Goodwill	342.7M	0	0	0	0	0	0	20.55M	20.55M	17.44M
Intangible Assets	52.5M	149.2M	114.2M	0	0	4.21M	2.78M	20.55M	15.81M	12.22M
Long-Term Investments	110.3M	0	0	514.8M	149.1M	0	0	0	0	0
Other Non-Current Assets	2.23B	408.6M	455.2M	152.5M	923.6M	0	0	2.28M	12K	12K
Total Assets+	4.61B	4.88B	4.7B	6.68B	11.5B	4.69M	2.8M	74.7M	58.17M	45.71M
Asset Turnover	0.49x	0.56x	0.54x	0.30x	0.22x	1.72x	0.01x	0.37x	1.37x	1.24x
Asset Growth %	0.52%	0.06%	-0.04%	0.42%	0.72%	-1%	-0.4%	25.68%	-0.22%	-0.21%
Total Current Liabilities+	1.28B	1.44B	1.14B	1.89B	3.15B	11K	2.89M	25.93M	22.37M	27.16M
Accounts Payable	5.39M	4.4M	9.24M	4.89M	5.18M	11K	2.23M	7.59M	7.68M	8.03M
Days Payables Outstanding	1.03	0.66	1.54	0.96	0.84	0.67	-	137.6	53.95	80.47
Short-Term Debt	6.4M	3.7M	3.4M	2.8M	1.08B	0	350K	5.69M	5.06M	10.09M
Deferred Revenue (Current)	1000K	700K	1000K	1000K	1000K	0	0	1000K	1000K	1000K
Other Current Liabilities	523.4M	737.9M	542.4M	864.8M	743.4M	0	307.83K	2.98M	6.42M	4.75M
Current Ratio	1.35x	1.31x	1.28x	1.26x	0.89x	43.64x	0.01x	1.00x	0.71x	0.41x
Quick Ratio	1.19x	1.09x	1.07x	1.13x	0.81x	43.64x	0.01x	0.77x	0.55x	0.31x
Cash Conversion Cycle	88.4	75.13	71.48	111.63	105.02	-	-	57.76	-5.36	-18.26
Total Non-Current Liabilities+	272.8M	1.15B	1.36B	1.63B	6.83B	7.18M	8.54M	21.54M	15.36M	10M
Long-Term Debt	20.5M	567.7M	758.7M	875.8M	6.12B	4.83M	6.19M	7.77M	10.13M	6.53M
Capital Lease Obligations	0	0	0	0	0	0	0	3.96M	4.19M	3.47M
Deferred Tax Liabilities	0	203.6M	360.9M	439.6M	66.8M	0	0	0	41.58K	0
Other Non-Current Liabilities	177.3M	326.1M	208.9M	251.8M	467.2M	2.35M	2.35M	9.8M	1M	0
Total Liabilities	2.36B	4.14B	4.13B	6.45B	11.27B	7.19M	11.44M	47.47M	37.74M	37.17M
Total Debt+	26.9M	571.4M	762.1M	878.6M	7.2B	4.83M	6.54M	17.64M	19.77M	20.42M
Net Debt	-680.4M	-14.4M	189.5M	305.1M	6.26B	4.83M	6.53M	15.45M	16.2M	19.58M
Debt / Equity	0.01x	0.77x	1.32x	3.78x	30.91x	-	-	0.65x	0.97x	2.39x
Debt / EBITDA	0.14x	-	2.51x	-	-	-	-	-	-	-
Net Debt / EBITDA	-3.66x	-	0.62x	-	-	-	-	-	-	-
Interest Coverage	0.73x	-16.85x	0.42x	-1.66x	-1.31x	-173.25x	-3.54x	-10.70x	-2.81x	-3.99x
Total Equity+	2.25B	737.9M	575.3M	232.2M	232.9M	-2.5M	-8.64M	27.22M	20.44M	8.55M
Equity Growth %	0.04%	-0.67%	-0.22%	-0.6%	0%	-1.01%	-2.45%	4.15%	-0.25%	-0.58%
Book Value per Share	999999.00	999999.00	999999.00	999999.00	999999.00	-160962.40	-535592.77	605707.41	305453.12	3151.70
Total Shareholders' Equity	2.25B	737.9M	575.3M	232.2M	232.9M	-2.5M	-8.64M	27.22M	20.44M	8.55M
Common Stock	2.4M	2.4M	2.4M	2.7M	2.7M	0	153.75K	495.78K	512.33K	93.43K
Retained Earnings	2.11B	577.5M	425.3M	-168M	-1.35B	0	-8.74M	-19.09M	-27.08M	-42.9M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	34.1M	-3.9M	-39.8M	-60M	-110.8M	0	0	-10.42K	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	347.6M	-15.3M	-263.5M	-706.8M	-770M	-4.68M	-4.61M	-7.58M	-667.18K	-6.3M
Operating CF Margin %	0.16%	-0.01%	-0.1%	-0.35%	-0.31%	-0.58%	-120.86%	-0.28%	-0.01%	-0.11%
Operating CF Growth %	9.53%	-1.04%	-16.22%	-1.68%	-0.09%	0.99%	0.02%	-0.64%	0.91%	-8.45%
Net Income	34.4M	-1.54B	-150.6M	-586.7M	-1.18B	-4.71M	-8.18M	-3.28M	-6.94M	-15.85M
Depreciation & Amortization	164.8M	227.1M	246.9M	268.3M	357.4M	808.04K	821.98K	3.23M	5.14M	3.15M
Stock-Based Compensation	0	0	0	0	0	0	0	309.2K	1.21M	29K
Deferred Taxes	44.7M	60M	10.5M	24.2M	-50M	9.53K	0	0	41.58K	-41.58K
Other Non-Cash Items	390.5M	1.24B	-244.7M	-584.9M	955.8M	2.57M	771.84K	-6.74M	613.82K	6.86M
Working Capital Changes	-286.8M	-4.2M	-125.6M	172.3M	-852.8M	-3.37M	1.97M	-1.1M	-732.06K	-450.38K
Change in Receivables	-117.2M	73.6M	-19.6M	-103.9M	-12.3M	-3.88M	2.56M	-899.8K	623.98K	5.97K
Change in Inventory	-65M	-108.2M	94.8M	-900K	15.2M	14.11K	-58.24K	392.66K	2.48M	853.52K
Change in Payables	443.3M	226.2M	-343.7M	300.8M	-117.5M	283.69K	89.23K	-706.35K	83.08K	355.51K
Cash from Investing+	-521.8M	-1.26B	-514.5M	-868.4M	-2.64B	3.93M	30.54M	-3.1M	3.57M	-26.67K
Capital Expenditures	-352M	-452.5M	-139M	-133.1M	-229.6M	-169.1K	-34.84K	-116.91K	-655.69K	-32.78K
CapEx % of Revenue	0.16%	0.17%	0.05%	0.07%	0.09%	0.02%	0.91%	0%	0.01%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-278.5M	-636.8M	-375M	-982.6M	-1.71B	8.62M	23.63M	7.78M	1.35M	6.12K
Cash from Financing+	243.2M	1.15B	764.8M	1.59B	3.8B	-799.87K	-35.59M	15.91M	-2.76M	2.08M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	-563.88K	-34.04M	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	243.2M	1.15B	764.8M	1.59B	3.8B	0	-550K	-11.44M	-3.38M	-1.39M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-4.4M	-467.8M	-402.5M	-839.9M	-999.6M	-4.85M	-4.65M	-7.69M	-1.32M	-6.34M
FCF Margin %	-0%	-0.17%	-0.16%	-0.42%	-0.4%	-0.6%	-121.78%	-0.28%	-0.02%	-0.11%
FCF Growth %	-1.13%	-105.32%	0.14%	-1.09%	-0.19%	1%	0.04%	-0.66%	0.83%	-3.79%
FCF per Share	-313741.60	-999999.00	-999999.00	-999999.00	-999999.00	-312311.47	-288185.56	-171197.13	-19771.90	-2336.09
FCF Conversion (FCF/Net Income)	10.10x	0.01x	1.75x	1.20x	0.65x	27.28x	0.74x	0.73x	0.08x	0.40x
Interest Paid	0	0	0	0	0	0	0	1.07M	1.12M	1.6M
Taxes Paid	0	0	0	0	0	0	0	11.3K	58.86K	76.7K

Key Ratios

Metric	2010	2011	2012	2013	2014	2020	2021	2022	2023	2024
Return on Equity (ROE)	1.56%	-102.76%	-22.94%	-145.31%	-507.59%	-0.15%	-	-111.4%	-34.13%	-109.37%
Return on Invested Capital (ROIC)	1%	-85.01%	5.76%	-36.13%	-11.46%	-0.11%	-3344.52%	-38.64%	-14.12%	-28.53%
Gross Margin	15.05%	10.86%	13.27%	7.24%	8.93%	26.14%	100%	26.81%	34.78%	35.92%
Net Margin	1.54%	-56.56%	-5.95%	-29.22%	-47.51%	-2.12%	-16339.68%	-37.61%	-10.21%	-27.87%
Debt / Equity	0.01x	0.77x	1.32x	3.78x	30.91x	-	-	0.65x	0.97x	2.39x
Interest Coverage	0.73x	-16.85x	0.42x	-1.66x	-1.31x	-173.25x	-3.54x	-10.70x	-2.81x	-3.99x
FCF Conversion	10.10x	0.01x	1.75x	1.20x	0.65x	27.28x	0.74x	0.73x	0.08x	0.40x
Revenue Growth	92.54%	21.27%	-6.83%	-20.65%	23.75%	-99.67%	-99.53%	72019.12%	189.34%	-28.59%

Revenue by Segment

	2011	2012	2013	2014
Solar	-	-	-	1.59B
Solar Growth	-	-	-	-
Semiconductor	-	-	-	840.1M
Semiconductor Growth	-	-	-	-
Terraform	-	-	-	125.9M
Terraform Growth	-	-	-	-
Solar Energy	735M	1.61B	1.1B	-
Solar Energy Growth	-	119.37%	-31.69%	-
Semiconductor Materials	1.02B	917.5M	-	-
Semiconductor Materials Growth	-	-10.32%	-	-
Non-Solar Energy Systems	-	29.2M	-	-
Non-Solar Energy Systems Growth	-	-	-	-
Solar Materials	957.4M	-	-	-
Solar Materials Growth	-	-	-	-
Semiconductor and Solar Materials	51.2M	-	-	-
Semiconductor and Solar Materials Growth	-	-	-	-

Revenue by Geography

	2011	2012	2013	2014
Foreign	-	-	1.53B	2.48B
Foreign Growth	-	-	-	62.11%
Other Foreign Countries	526.5M	446M	402M	547.9M
Other Foreign Countries Growth	-	-15.29%	-9.87%	36.29%
UNITED STATES	-	-	475.1M	510M
UNITED STATES Growth	-	-	-	7.35%
TAIWAN, PROVINCE OF CHINA	530M	408.4M	472.5M	423.6M
TAIWAN, PROVINCE OF CHINA Growth	-	-22.94%	15.70%	-10.35%
CANADA	-	248.6M	279.1M	348.1M
CANADA Growth	-	-	12.27%	24.72%
KOREA, REPUBLIC OF	237.1M	198.8M	220.3M	218.1M
KOREA, REPUBLIC OF Growth	-	-16.15%	10.81%	-1.00%
SOUTH AFRICA	-	-	-	193.1M
SOUTH AFRICA Growth	-	-	-	-
ITALY	375.6M	234.2M	71.3M	90.2M
ITALY Growth	-	-37.65%	-69.56%	26.51%
SPAIN	-	175.8M	9.6M	13M
SPAIN Growth	-	-	-94.54%	35.42%
CHINA	598.8M	82.8M	77.7M	-
CHINA Growth	-	-86.17%	-6.16%	-

Frequently Asked Questions

Growth & Financials

SUNation Energy Inc. (SUNE) reported $60.1M in revenue for fiscal year 2024. This represents a 96% decrease from $1.54B in 2006.

SUNation Energy Inc. (SUNE) saw revenue decline by 28.6% over the past year.

SUNation Energy Inc. (SUNE) reported a net loss of $20.3M for fiscal year 2024.

Dividend & Returns

SUNation Energy Inc. (SUNE) has a return on equity (ROE) of -109.4%. Negative ROE indicates the company is unprofitable.

SUNation Energy Inc. (SUNE) had negative free cash flow of $3.1M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

...

SUNation Energy Inc. (SUNE) 10-Year Financial Performance & Capital Metrics

SUNE • • Industrial / General

IndustrialsEngineering & ConstructionEnergy & Industrial ConstructionIndustrial Plant Construction

Revenue $57M -28.6%
EBITDA -$9M -293.2%
Net Income -$16M -94.9%
EPS (Diluted) -10115.00 +91.7%
Gross Margin 35.92% +3.3%
EBITDA Margin -16.12% -450.7%
Operating Margin -21.66% -131.0%
Net Margin -27.87% -173.0%
ROE -109.37% -220.5%
ROIC -28.53% -102.0%
Debt/Equity 2.39 +146.9%
Interest Coverage -3.99 -42.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 0.0x book value
✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

✗High debt to equity ratio of 2.4x
✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow
✗Weak momentum: RS Rating 9 (bottom 9%)
✗Low quality earnings: Net income not backed by cash flow
✗Sales declining 53.0% over 5 years

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-26.05%

5Y-53.02%

3Y1042.17%

TTM-1.41%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-89.99%

EPS CAGR

10Y-

5Y-

3Y-

TTM98.9%

ROCE

10Y Avg-36.98%

5Y Avg-63.61%

3Y Avg-35.31%

Latest-45.33%

Peer Comparison

Industrial Plant Construction

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
AGXArgan, Inc.	4.57B	329.66	53.60	52.47%	13.11%	28.57%	3.52%	0.01
AMRCAmeresco, Inc.	1.09B	31.32	29.27	28.76%	3.34%	5.75%		1.63
KBRKBR, Inc.	5.71B	44.98	16.06	11.3%	4.71%	25.87%	6.74%	1.95
FLRFluor Corporation	7B	43.44	3.53	5.43%	25.35%	69.19%	9.48%	0.28
SUNESUNation Energy Inc.	3.61M	1.06	-0.00	-28.59%	-33.82%	-93.5%		2.39
FGLFounder Group Limited Ordinary Shares	2.68M	0.15	-2.18	-38.98%	-5.7%	-32.28%		2.09
MTRXMatrix Service Company	381.37M	13.56	-12.79	5.64%	-2.93%	-17.54%	28.79%	0.15

Profit & Loss

	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.24B	2.72B	2.53B	2.01B	2.48B	8.08M	38.16K	27.52M	79.63M	56.86M
Revenue Growth %	0.93%	0.21%	-0.07%	-0.21%	0.24%	-1%	-1%	720.19%	1.89%	-0.29%
Cost of Goods Sold+	1.9B	2.42B	2.19B	1.86B	2.26B	5.97M	0	20.14M	51.94M	36.44M
COGS % of Revenue	0.85%	0.89%	0.87%	0.93%	0.91%	0.74%	-	0.73%	0.65%	0.64%
Gross Profit+	337.1M	294.9M	335.6M	145.3M	221.9M	2.11M	38.16K	7.38M	27.7M	20.43M
Gross Margin %	0.15%	0.11%	0.13%	0.07%	0.09%	0.26%	1%	0.27%	0.35%	0.36%
Gross Profit Growth %	1.63%	-0.13%	0.14%	-0.57%	0.53%	-0.99%	-0.98%	192.32%	2.75%	-0.26%
Operating Expenses+	322.6M	440.3M	378M	432.7M	627.7M	7.05M	4.9M	17.83M	35.16M	32.74M
OpEx % of Revenue	0.14%	0.16%	0.15%	0.22%	0.25%	0.87%	128.41%	0.65%	0.44%	0.58%
Selling, General & Admin	267M	352.8M	306.2M	361.6M	566M	7.05M	1.06M	12.21M	29.07M	27.05M
SG&A % of Revenue	0.12%	0.13%	0.12%	0.18%	0.23%	0.87%	27.79%	0.44%	0.37%	0.48%
Research & Development	55.6M	87.5M	71.8M	71.1M	61.7M	2.81M	0	0	0	0
R&D % of Revenue	0.02%	0.03%	0.03%	0.04%	0.02%	0.35%	-	-	-	-
Other Operating Expenses	0	0	0	0	0	-2.81M	3.84M	5.61M	6.09M	5.69M
Operating Income+	21.1M	-1.3B	57.2M	-313.6M	-536.8M	-4.94M	-4.86M	-10.45M	-7.47M	-12.32M
Operating Margin %	0.01%	-0.48%	0.02%	-0.16%	-0.22%	-0.61%	-127.41%	-0.38%	-0.09%	-0.22%
Operating Income Growth %	1.17%	-62.64%	1.04%	-6.48%	-0.71%	0.99%	0.02%	-1.15%	0.29%	-0.65%
EBITDA+	185.9M	-1.07B	304.1M	-45.3M	-179.4M	-4.13M	-3.43M	-7.22M	-2.33M	-9.16M
EBITDA Margin %	0.08%	-0.4%	0.12%	-0.02%	-0.07%	-0.51%	-89.96%	-0.26%	-0.03%	-0.16%
EBITDA Growth %	62.97%	-6.77%	1.28%	-1.15%	-2.96%	0.98%	0.17%	-1.1%	0.68%	-2.93%
D&A (Non-Cash Add-back)	164.8M	227.1M	246.9M	268.3M	357.4M	808.04K	1.43M	3.23M	5.14M	3.15M
EBIT	16.5M	-703.4M	-47M	-442.3M	-906.4M	-4.66M	-4.86M	-2.29M	-4.16M	-12.73M
Net Interest Income+	0	0	0	0	0	-28.51K	-1.37M	-976.61K	-2.66M	-3.09M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	29M	77.2M	135.3M	189.2M	410M	28.51K	1.37M	976.61K	2.66M	3.09M
Other Income/Expense	-33.6M	519.9M	-239.5M	-317.9M	-779.6M	247.24K	-1.37M	7.18M	646.15K	-3.5M
Pretax Income+	-12.5M	-780.6M	-182.3M	-631.5M	-1.32B	-4.69M	-6.24M	-3.27M	-6.82M	-15.81M
Pretax Margin %	-0.01%	-0.29%	-0.07%	-0.31%	-0.53%	-0.58%	-163.4%	-0.12%	-0.09%	-0.28%
Income Tax+	-53.3M	73.1M	64.9M	27.8M	-36M	14.57K	0	12.24K	119.18K	34.82K
Effective Tax Rate %	-2.75%	1.97%	0.83%	0.93%	0.9%	0.04%	1%	3.17%	1.19%	1%
Net Income+	34.4M	-1.54B	-150.6M	-586.7M	-1.18B	-171.66K	-6.24M	-10.35M	-8.13M	-15.85M
Net Margin %	0.02%	-0.57%	-0.06%	-0.29%	-0.48%	-0.02%	-163.4%	-0.38%	-0.1%	-0.28%
Net Income Growth %	1.59%	-45.65%	0.9%	-2.9%	-1.01%	1%	-35.33%	-0.66%	0.21%	-0.95%
Net Income (Continuing)	34.4M	-1.54B	-150.6M	-586.7M	-1.18B	-4.71M	-6.24M	-3.28M	-6.94M	-15.85M
Discontinued Operations	0	0	0	0	0	4.54M	0	-7.07M	-1.19M	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	690000.00	690000.00	156000.00	-66000.00	138000.00	-11046.00	184404.00	-605571.00	-121545.00	-10115.00
EPS Growth %	0.6%	0%	-0.77%	-1.42%	3.09%	-1.08%	17.69%	-4.28%	0.8%	0.92%
EPS (Basic)	696000.00	696000.00	156000.00	-66000.00	138000.00	-11046.00	187062.00	-605571.00	-121545.00	-10115.00
Diluted Shares Outstanding	14	14	14	14	14	16	16	45	67	2.71K
Basic Shares Outstanding	14	14	14	14	14	16	16	45	67	2.71K
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.74B	1.89B	1.46B	2.38B	2.79B	480K	18.97K	25.96M	15.78M	11.11M
Cash & Short-Term Investments	707.4M	639.8M	621.6M	614.5M	1.09B	0	18.97K	4.85M	3.58M	839.27K
Cash Only	707.3M	585.8M	572.6M	573.5M	943.7M	0	18.97K	2.19M	3.58M	839.27K
Short-Term Investments	100K	54M	49M	41M	149.1M	0	0	2.67M	0	0
Accounts Receivable	296M	202.9M	220.4M	351.5M	471.9M	0	0	6.46M	5.11M	5.47M
Days Sales Outstanding	48.25	27.27	31.8	63.91	69.33	-	-	85.66	23.44	35.08
Inventory	214.6M	321.8M	247.8M	248.4M	226.4M	0	0	6.05M	3.58M	2.71M
Days Inventory Outstanding	41.18	48.52	41.22	48.69	36.52	-	-	109.7	25.15	27.12
Other Current Assets	519.3M	721.4M	369.4M	1.17B	996.9M	480K	0	6.44M	2.2M	510.8K
Total Non-Current Assets+	2.87B	3B	3.24B	4.3B	8.71B	4.21M	2.78M	48.73M	42.39M	34.6M
Property, Plant & Equipment	0	2.39B	2.67B	3.12B	7.07B	0	0	5.36M	6.03M	4.93M
Fixed Asset Turnover	-	1.13x	0.95x	0.64x	0.35x	-	-	5.14x	13.21x	11.54x
Goodwill	342.7M	0	0	0	0	0	0	20.55M	20.55M	17.44M
Intangible Assets	52.5M	149.2M	114.2M	0	0	4.21M	2.78M	20.55M	15.81M	12.22M
Long-Term Investments	110.3M	0	0	514.8M	149.1M	0	0	0	0	0
Other Non-Current Assets	2.23B	408.6M	455.2M	152.5M	923.6M	0	0	2.28M	12K	12K
Total Assets+	4.61B	4.88B	4.7B	6.68B	11.5B	4.69M	2.8M	74.7M	58.17M	45.71M
Asset Turnover	0.49x	0.56x	0.54x	0.30x	0.22x	1.72x	0.01x	0.37x	1.37x	1.24x
Asset Growth %	0.52%	0.06%	-0.04%	0.42%	0.72%	-1%	-0.4%	25.68%	-0.22%	-0.21%
Total Current Liabilities+	1.28B	1.44B	1.14B	1.89B	3.15B	11K	2.89M	25.93M	22.37M	27.16M
Accounts Payable	5.39M	4.4M	9.24M	4.89M	5.18M	11K	2.23M	7.59M	7.68M	8.03M
Days Payables Outstanding	1.03	0.66	1.54	0.96	0.84	0.67	-	137.6	53.95	80.47
Short-Term Debt	6.4M	3.7M	3.4M	2.8M	1.08B	0	350K	5.69M	5.06M	10.09M
Deferred Revenue (Current)	1000K	700K	1000K	1000K	1000K	0	0	1000K	1000K	1000K
Other Current Liabilities	523.4M	737.9M	542.4M	864.8M	743.4M	0	307.83K	2.98M	6.42M	4.75M
Current Ratio	1.35x	1.31x	1.28x	1.26x	0.89x	43.64x	0.01x	1.00x	0.71x	0.41x
Quick Ratio	1.19x	1.09x	1.07x	1.13x	0.81x	43.64x	0.01x	0.77x	0.55x	0.31x
Cash Conversion Cycle	88.4	75.13	71.48	111.63	105.02	-	-	57.76	-5.36	-18.26
Total Non-Current Liabilities+	272.8M	1.15B	1.36B	1.63B	6.83B	7.18M	8.54M	21.54M	15.36M	10M
Long-Term Debt	20.5M	567.7M	758.7M	875.8M	6.12B	4.83M	6.19M	7.77M	10.13M	6.53M
Capital Lease Obligations	0	0	0	0	0	0	0	3.96M	4.19M	3.47M
Deferred Tax Liabilities	0	203.6M	360.9M	439.6M	66.8M	0	0	0	41.58K	0
Other Non-Current Liabilities	177.3M	326.1M	208.9M	251.8M	467.2M	2.35M	2.35M	9.8M	1M	0
Total Liabilities	2.36B	4.14B	4.13B	6.45B	11.27B	7.19M	11.44M	47.47M	37.74M	37.17M
Total Debt+	26.9M	571.4M	762.1M	878.6M	7.2B	4.83M	6.54M	17.64M	19.77M	20.42M
Net Debt	-680.4M	-14.4M	189.5M	305.1M	6.26B	4.83M	6.53M	15.45M	16.2M	19.58M
Debt / Equity	0.01x	0.77x	1.32x	3.78x	30.91x	-	-	0.65x	0.97x	2.39x
Debt / EBITDA	0.14x	-	2.51x	-	-	-	-	-	-	-
Net Debt / EBITDA	-3.66x	-	0.62x	-	-	-	-	-	-	-
Interest Coverage	0.73x	-16.85x	0.42x	-1.66x	-1.31x	-173.25x	-3.54x	-10.70x	-2.81x	-3.99x
Total Equity+	2.25B	737.9M	575.3M	232.2M	232.9M	-2.5M	-8.64M	27.22M	20.44M	8.55M
Equity Growth %	0.04%	-0.67%	-0.22%	-0.6%	0%	-1.01%	-2.45%	4.15%	-0.25%	-0.58%
Book Value per Share	999999.00	999999.00	999999.00	999999.00	999999.00	-160962.40	-535592.77	605707.41	305453.12	3151.70
Total Shareholders' Equity	2.25B	737.9M	575.3M	232.2M	232.9M	-2.5M	-8.64M	27.22M	20.44M	8.55M
Common Stock	2.4M	2.4M	2.4M	2.7M	2.7M	0	153.75K	495.78K	512.33K	93.43K
Retained Earnings	2.11B	577.5M	425.3M	-168M	-1.35B	0	-8.74M	-19.09M	-27.08M	-42.9M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	34.1M	-3.9M	-39.8M	-60M	-110.8M	0	0	-10.42K	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	347.6M	-15.3M	-263.5M	-706.8M	-770M	-4.68M	-4.61M	-7.58M	-667.18K	-6.3M
Operating CF Margin %	0.16%	-0.01%	-0.1%	-0.35%	-0.31%	-0.58%	-120.86%	-0.28%	-0.01%	-0.11%
Operating CF Growth %	9.53%	-1.04%	-16.22%	-1.68%	-0.09%	0.99%	0.02%	-0.64%	0.91%	-8.45%
Net Income	34.4M	-1.54B	-150.6M	-586.7M	-1.18B	-4.71M	-8.18M	-3.28M	-6.94M	-15.85M
Depreciation & Amortization	164.8M	227.1M	246.9M	268.3M	357.4M	808.04K	821.98K	3.23M	5.14M	3.15M
Stock-Based Compensation	0	0	0	0	0	0	0	309.2K	1.21M	29K
Deferred Taxes	44.7M	60M	10.5M	24.2M	-50M	9.53K	0	0	41.58K	-41.58K
Other Non-Cash Items	390.5M	1.24B	-244.7M	-584.9M	955.8M	2.57M	771.84K	-6.74M	613.82K	6.86M
Working Capital Changes	-286.8M	-4.2M	-125.6M	172.3M	-852.8M	-3.37M	1.97M	-1.1M	-732.06K	-450.38K
Change in Receivables	-117.2M	73.6M	-19.6M	-103.9M	-12.3M	-3.88M	2.56M	-899.8K	623.98K	5.97K
Change in Inventory	-65M	-108.2M	94.8M	-900K	15.2M	14.11K	-58.24K	392.66K	2.48M	853.52K
Change in Payables	443.3M	226.2M	-343.7M	300.8M	-117.5M	283.69K	89.23K	-706.35K	83.08K	355.51K
Cash from Investing+	-521.8M	-1.26B	-514.5M	-868.4M	-2.64B	3.93M	30.54M	-3.1M	3.57M	-26.67K
Capital Expenditures	-352M	-452.5M	-139M	-133.1M	-229.6M	-169.1K	-34.84K	-116.91K	-655.69K	-32.78K
CapEx % of Revenue	0.16%	0.17%	0.05%	0.07%	0.09%	0.02%	0.91%	0%	0.01%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-278.5M	-636.8M	-375M	-982.6M	-1.71B	8.62M	23.63M	7.78M	1.35M	6.12K
Cash from Financing+	243.2M	1.15B	764.8M	1.59B	3.8B	-799.87K	-35.59M	15.91M	-2.76M	2.08M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	-563.88K	-34.04M	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	243.2M	1.15B	764.8M	1.59B	3.8B	0	-550K	-11.44M	-3.38M	-1.39M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-4.4M	-467.8M	-402.5M	-839.9M	-999.6M	-4.85M	-4.65M	-7.69M	-1.32M	-6.34M
FCF Margin %	-0%	-0.17%	-0.16%	-0.42%	-0.4%	-0.6%	-121.78%	-0.28%	-0.02%	-0.11%
FCF Growth %	-1.13%	-105.32%	0.14%	-1.09%	-0.19%	1%	0.04%	-0.66%	0.83%	-3.79%
FCF per Share	-313741.60	-999999.00	-999999.00	-999999.00	-999999.00	-312311.47	-288185.56	-171197.13	-19771.90	-2336.09
FCF Conversion (FCF/Net Income)	10.10x	0.01x	1.75x	1.20x	0.65x	27.28x	0.74x	0.73x	0.08x	0.40x
Interest Paid	0	0	0	0	0	0	0	1.07M	1.12M	1.6M
Taxes Paid	0	0	0	0	0	0	0	11.3K	58.86K	76.7K

Key Ratios

Metric	2010	2011	2012	2013	2014	2020	2021	2022	2023	2024
Return on Equity (ROE)	1.56%	-102.76%	-22.94%	-145.31%	-507.59%	-0.15%	-	-111.4%	-34.13%	-109.37%
Return on Invested Capital (ROIC)	1%	-85.01%	5.76%	-36.13%	-11.46%	-0.11%	-3344.52%	-38.64%	-14.12%	-28.53%
Gross Margin	15.05%	10.86%	13.27%	7.24%	8.93%	26.14%	100%	26.81%	34.78%	35.92%
Net Margin	1.54%	-56.56%	-5.95%	-29.22%	-47.51%	-2.12%	-16339.68%	-37.61%	-10.21%	-27.87%
Debt / Equity	0.01x	0.77x	1.32x	3.78x	30.91x	-	-	0.65x	0.97x	2.39x
Interest Coverage	0.73x	-16.85x	0.42x	-1.66x	-1.31x	-173.25x	-3.54x	-10.70x	-2.81x	-3.99x
FCF Conversion	10.10x	0.01x	1.75x	1.20x	0.65x	27.28x	0.74x	0.73x	0.08x	0.40x
Revenue Growth	92.54%	21.27%	-6.83%	-20.65%	23.75%	-99.67%	-99.53%	72019.12%	189.34%	-28.59%

Revenue by Segment

	2011	2012	2013	2014
Solar	-	-	-	1.59B
Solar Growth	-	-	-	-
Semiconductor	-	-	-	840.1M
Semiconductor Growth	-	-	-	-
Terraform	-	-	-	125.9M
Terraform Growth	-	-	-	-
Solar Energy	735M	1.61B	1.1B	-
Solar Energy Growth	-	119.37%	-31.69%	-
Semiconductor Materials	1.02B	917.5M	-	-
Semiconductor Materials Growth	-	-10.32%	-	-
Non-Solar Energy Systems	-	29.2M	-	-
Non-Solar Energy Systems Growth	-	-	-	-
Solar Materials	957.4M	-	-	-
Solar Materials Growth	-	-	-	-
Semiconductor and Solar Materials	51.2M	-	-	-
Semiconductor and Solar Materials Growth	-	-	-	-

Revenue by Geography

	2011	2012	2013	2014
Foreign	-	-	1.53B	2.48B
Foreign Growth	-	-	-	62.11%
Other Foreign Countries	526.5M	446M	402M	547.9M
Other Foreign Countries Growth	-	-15.29%	-9.87%	36.29%
UNITED STATES	-	-	475.1M	510M
UNITED STATES Growth	-	-	-	7.35%
TAIWAN, PROVINCE OF CHINA	530M	408.4M	472.5M	423.6M
TAIWAN, PROVINCE OF CHINA Growth	-	-22.94%	15.70%	-10.35%
CANADA	-	248.6M	279.1M	348.1M
CANADA Growth	-	-	12.27%	24.72%
KOREA, REPUBLIC OF	237.1M	198.8M	220.3M	218.1M
KOREA, REPUBLIC OF Growth	-	-16.15%	10.81%	-1.00%
SOUTH AFRICA	-	-	-	193.1M
SOUTH AFRICA Growth	-	-	-	-
ITALY	375.6M	234.2M	71.3M	90.2M
ITALY Growth	-	-37.65%	-69.56%	26.51%
SPAIN	-	175.8M	9.6M	13M
SPAIN Growth	-	-	-94.54%	35.42%
CHINA	598.8M	82.8M	77.7M	-
CHINA Growth	-	-86.17%	-6.16%	-

Frequently Asked Questions

Growth & Financials

SUNation Energy Inc. (SUNE) reported $60.1M in revenue for fiscal year 2024. This represents a 96% decrease from $1.54B in 2006.

SUNation Energy Inc. (SUNE) saw revenue decline by 28.6% over the past year.

SUNation Energy Inc. (SUNE) reported a net loss of $20.3M for fiscal year 2024.

Dividend & Returns

SUNation Energy Inc. (SUNE) has a return on equity (ROE) of -109.4%. Negative ROE indicates the company is unprofitable.

SUNation Energy Inc. (SUNE) had negative free cash flow of $3.1M in fiscal year 2024, likely due to heavy capital investments.