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Sunnova Energy International Inc NOVA

Morningstar Rating
$3.80 +0.02 (0.53%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NOVA is trading within a range we consider fairly valued.
Price
$3.81
Fair Value
$2.81
Uncertainty
Extreme
1-Star Price
$22.71
5-Star Price
$2.54
Economic Moat
Qgd
Capital Allocation
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News

Trading Information

Previous Close Price
$3.78
Day Range
$3.524.04
52-Week Range
$3.5224.56
Bid/Ask
$3.76 / $3.82
Market Cap
$470.60 Mil
Volume/Avg
10.2 Mil / 10.5 Mil

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.64
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Sunnova Energy International Inc is a residential solar and energy storage service provider company. It offers services such as operations and maintenance, monitoring, repairs and replacements, equipment upgrades, and onsite power optimization. The products and services offered by the group include Add-on battery storage, Home solar protection plans, New solar battery storage, and various other solar systems. It operates in a single reportable segment: solar energy products and services.
Sector
Technology
Industry
Solar
Stock Style Box
Small Core
Total Number of Employees
2,047

Comparables

Valuation

Metric
NOVA
TYGO
SHLS
Price/Earnings (Normalized)
11.95
Price/Book Value
0.310.922.56
Price/Sales
0.640.292.76
Price/Cash Flow
46.038.86
Price/Earnings
NOVA
TYGO
SHLS

Financial Strength

Metric
NOVA
TYGO
SHLS
Quick Ratio
0.641.441.83
Current Ratio
0.853.962.45
Interest Coverage
−0.670.613.28
Quick Ratio
NOVA
TYGO
SHLS

Profitability

Metric
NOVA
TYGO
SHLS
Return on Assets (Normalized)
−3.47%−6.05%14.25%
Return on Equity (Normalized)
−24.19%−29.56%23.22%
Return on Invested Capital (Normalized)
−0.99%−6.56%18.64%
Return on Assets
NOVA
TYGO
SHLS
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Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
FSLR
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ENPH
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XNYIF
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XISHY
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NXT
NEXTracker Inc Ordinary Shares - Class AVgghpmzMkjx$6.1 Bil
GCPEF
GCL Technology Holdings LtdYrws$3.8 Bil
SEDG
SolarEdge Technologies IncVfvvhmbSnqsj$3.3 Bil
RUN
Sunrun IncQjdxnzmbbJhvh$2.2 Bil
SHLS
Shoals Technologies Group Inc Ordinary Shares - Class ACqlxtgxYfml$1.4 Bil
SPWR
SunPower CorpNdlmMfb$396.6 Mil

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