Sunnova Energy International Inc NOVA
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.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if NOVA is a good fit for your portfolio.
News
-
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Sunnova Energy International Inc. of Class Action Lawsuit and Upcoming Deadlines – NOVA
-
DEADLINE TODAY: The Schall Law Firm Encourages Investors in Sunnova Energy International Inc. with Losses to Contact the Firm
-
The Gross Law Firm Notifies Shareholders of Sunnova Energy International Inc.(NOVA) of a Class Action Lawsuit and an Upcoming Deadline
-
DEADLINE ALERT for INMD, AMPL, and NOVA: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
-
The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Sunnova Energy International Inc. (NOVA)
-
FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in Sunnova Energy International Inc. with Losses to Contact the Firm
-
TUESDAY INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Sunnova Energy International Inc. Investors with Substantial Losses Have Opportunity to Lead Case - NOVA
-
Contact Levi & Korsinsky by April 16, 2024 Deadline to Join Class Action Against Sunnova Energy International Inc.(NOVA)
Trading Information
- Previous Close Price
- $3.78
- Day Range
- $3.52–4.04
- 52-Week Range
- $3.52–24.56
- 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
- Website
- https://www.sunnova.com
Comparables
Valuation
Metric
|
NOVA
|
TYGO
|
SHLS
|
---|---|---|---|
Price/Earnings (Normalized) | — | — | 11.95 |
Price/Book Value | 0.31 | 0.92 | 2.56 |
Price/Sales | 0.64 | 0.29 | 2.76 |
Price/Cash Flow | — | 46.03 | 8.86 |
Price/Earnings
NOVA
TYGO
SHLS
Financial Strength
Metric
|
NOVA
|
TYGO
|
SHLS
|
---|---|---|---|
Quick Ratio | 0.64 | 1.44 | 1.83 |
Current Ratio | 0.85 | 3.96 | 2.45 |
Interest Coverage | −0.67 | 0.61 | 3.28 |
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
Solar Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|
FSLR
| First Solar Inc | Tryhwvv | Mdcy | $19.0 Bil | |
ENPH
| Enphase Energy Inc | Bttsvkygyr | Kflw | $15.2 Bil | |
XNYIF
| Xinyi Solar Holdings Ltd | — | Rqrnk | $6.2 Bil | |
XISHY
| Xinyi Solar Holdings Ltd ADR | — | Xtlqw | $6.1 Bil | |
NXT
| NEXTracker Inc Ordinary Shares - Class A | Vgghpmz | Mkjx | $6.1 Bil | |
GCPEF
| GCL Technology Holdings Ltd | — | Yrws | $3.8 Bil | |
SEDG
| SolarEdge Technologies Inc | Vfvvhmb | Snqsj | $3.3 Bil | |
RUN
| Sunrun Inc | Qjdxnzmbb | Jhvh | $2.2 Bil | |
SHLS
| Shoals Technologies Group Inc Ordinary Shares - Class A | Cqlxtgx | Yfml | $1.4 Bil | |
SPWR
| SunPower Corp | Ndlm | Mfb | $396.6 Mil |