Sunnova Energy International
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
-0.09-0.08-0.08-0.08
Price/Sales ratio
0.020.010.010.01
Earnings per Share (EPS)
$-2.27$-2.74$-2.70$-2.69

Historical Multiples (2017 – 2023)

2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
-10.26-12.59-3.15-15.71-22.41-12.75-4.31-11.37-9.43
Price/Sales ratio
12.168.953.4624.6512.803.692.503.2918.73
Price/Book Value ratio
2.511.860.704.162.601.611.181.443.38
Price/Cash Flow ratio
-19.09-80.81-2.67-30.16-14.79-6.18-7.59-5.51-16.41
Price/Free Cash Flow ratio
-3.22-3.53-0.75-5.58-4.05-1.71-0.87-1.53-3.17
Price/Earnings Growth ratio
N/A-1.08-0.020.510.39-0.99-0.020.930.24
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
64.42%64.82%63.95%59.47%59.33%41.35%40.67%41.35%59.40%
Operating Profit Margin
-13.47%-13.15%-16.92%-22.24%-22.70%-14.61%-33.77%-14.61%-19.58%
Pretax Profit Margin
-117.33%-65.53%-101.42%-191.29%-60.90%-22.66%-69.86%-22.66%-146.36%
Net Profit Margin
-118.51%-71.12%-109.72%-156.87%-57.13%-28.98%-57.99%-28.98%-133.29%
Effective Tax Rate
N/AN/AN/A-0.05%-0.17%-3.07%0.20%-3.07%-0.11%
Return on Assets
-6.85%-4.45%-5.80%-7.03%-2.50%-1.93%-3.68%-1.93%-6.41%
Return On Equity
-24.53%-14.81%-22.34%-26.50%-11.61%-12.69%-27.37%-12.79%-24.42%
Return on Capital Employed
-0.88%-0.87%-0.97%-1.05%-1.05%-1.04%-2.37%-1.04%-1.05%
Liquidity Ratios
Current Ratio
N/AN/A1.402.16N/AN/AN/A1.741.08
Quick Ratio
0.510.841.181.671.561.460.711.341.62
Cash ratio
0.360.550.420.990.780.660.190.660.88
Days of Sales Outstanding
34.7848.6591.7377.79217.41239.69246.01239.6984.76
Days of Inventory outstanding
24.7391.32336.79574.50475.07169.74126.85169.74524.78
Operating Cycle
59.52139.97428.53652.30692.48409.44372.87228.85672.39
Days of Payables Outstanding
318.63199.56278.60223.48204.32129.60303.77129.60213.90
Cash Conversion Cycle
-259.10-59.58149.92428.81488.15279.8469.09151.95458.48
Debt Ratios
Debt Ratio
0.620.570.580.560.590.640.660.770.57
Debt Equity Ratio
2.231.912.232.132.744.244.925.062.18
Long-term Debt to Capitalization
0.660.640.670.660.720.800.820.800.67
Total Debt to Capitalization
0.690.650.690.680.730.800.830.800.68
Interest Coverage Ratio
N/AN/A-0.19-0.23N/AN/AN/A-0.65-0.11
Cash Flow to Debt Ratio
-0.05-0.01-0.11-0.06-0.06-0.06-0.03-0.06-0.09
Company Equity Multiplier
3.573.323.853.764.626.547.426.543.80
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-0.63-0.11-1.29-0.81-0.86-0.59-0.32-0.59-1.05
Free Cash Flow / Operating Cash Flow Ratio
5.9122.833.535.393.653.608.713.604.52
Cash Flow Coverage Ratio
-0.05-0.01-0.11-0.06-0.06-0.06-0.03-0.06-0.09
Short Term Coverage Ratio
-0.45-0.26-1.74-1.18-1.61-1.55-0.49-1.53-1.35
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/A