Loading...
SPRU logo

Spruce Power Holding CorporationNYSE:SPRU 株式レポート

時価総額 US$60.0m
株価
US$3.24
私の公正価値
n/a
1Y106.4%
7D-0.9%
ポートフォリオ価値
​
表示

Spruce Power Holding Corporation

NYSE:SPRU 株式レポート

時価総額：US$60.0m

Spruce Power Holding（SPRU）株式概要

スプルース・パワー・ホールディング・コーポレーションは、米国で分散型太陽エネルギー資産を所有・運営している。 詳細

SPRU ファンダメンタル分析
スノーフレーク・スコア
評価2/6
将来の成長0/6
過去の実績0/6
財務の健全性2/6
配当金0/6

リスク分析

過去5年間で収益は年間31.4%減少しました。

意味のある時価総額がありません ( $60M )


SPRU Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

View all narratives

Spruce Power Holding Corporation 競合他社

価格と性能

株価の高値、安値、推移の概要Spruce Power Holding
過去の株価
現在の株価US$3.24
52週高値US$6.75
52週安値US$1.13
ベータ1.22
1ヶ月の変化-19.20%
3ヶ月変化-28.00%
1年変化106.37%
3年間の変化-45.27%
5年間の変化-93.50%
IPOからの変化-95.86%

最新ニュース

Seeking Alpha • Apr 04

Spruce Power: Cash Burn And Debt Dim Outlook

Summary Spruce Power recorded year-over-year revenue growth of 18.7% during its fiscal 2025 fourth quarter. This was driven by the 2024 acquisition of a residential solar portfolio from NJR. The company recorded a net loss of $6.9 million and cash burn from operations of $3.3 million. Cash burn improved significantly from a year-ago figure of $13.5 million. There was total debt at $695.5 million, with the company also closing the year with a total of $93.1 million in cash. Read the full article on Seeking Alpha
分析記事 • Jan 29

Spruce Power Holding Corporation's (NYSE:SPRU) Shares Bounce 28% But Its Business Still Trails The Industry

Despite an already strong run, Spruce Power Holding Corporation ( NYSE:SPRU ) shares have been powering on, with a gain...

Recent updates

Seeking Alpha • Apr 04

Spruce Power: Cash Burn And Debt Dim Outlook

Summary Spruce Power recorded year-over-year revenue growth of 18.7% during its fiscal 2025 fourth quarter. This was driven by the 2024 acquisition of a residential solar portfolio from NJR. The company recorded a net loss of $6.9 million and cash burn from operations of $3.3 million. Cash burn improved significantly from a year-ago figure of $13.5 million. There was total debt at $695.5 million, with the company also closing the year with a total of $93.1 million in cash. Read the full article on Seeking Alpha
分析記事 • Jan 29

Spruce Power Holding Corporation's (NYSE:SPRU) Shares Bounce 28% But Its Business Still Trails The Industry

Despite an already strong run, Spruce Power Holding Corporation ( NYSE:SPRU ) shares have been powering on, with a gain...
分析記事 • Nov 13

Spruce Power Holding Corporation's (NYSE:SPRU) Price Is Right But Growth Is Lacking After Shares Rocket 56%

Spruce Power Holding Corporation ( NYSE:SPRU ) shares have continued their recent momentum with a 56% gain in the last...
分析記事 • Sep 27

Spruce Power Holding Corporation (NYSE:SPRU) Held Back By Insufficient Growth Even After Shares Climb 41%

Spruce Power Holding Corporation ( NYSE:SPRU ) shareholders would be excited to see that the share price has had a...
分析記事 • Aug 07

The Market Doesn't Like What It Sees From Spruce Power Holding Corporation's (NYSE:SPRU) Revenues Yet As Shares Tumble 31%

The Spruce Power Holding Corporation ( NYSE:SPRU ) share price has fared very poorly over the last month, falling by a...
分析記事 • Apr 02

Why Investors Shouldn't Be Surprised By Spruce Power Holding Corporation's (NYSE:SPRU) Low P/S

With a price-to-sales (or "P/S") ratio of 0.5x Spruce Power Holding Corporation ( NYSE:SPRU ) may be sending bullish...
分析記事 • Jul 22

Lacklustre Performance Is Driving Spruce Power Holding Corporation's (NYSE:SPRU) Low P/S

Spruce Power Holding Corporation's ( NYSE:SPRU ) price-to-sales (or "P/S") ratio of 0.8x may look like a pretty...
Seeking Alpha • Nov 28

Spruce Power: Rare Net-Net Trading 50% Below Cash And Generating Cash

Summary Spruce Power Holding Corporation: A busted SPAC trading below cash value with a new CEO and business model focused on investing in seasoned solar assets. Skepticism about the board and previous decision-making, but potential for $10 per share if they don't burn cash. Settlement with SEC for $11mm, leaving $7+ per share in unrestricted cash. Opportunity for value creation through partnerships and stock buybacks. Read the full article on Seeking Alpha
Seeking Alpha • Feb 02

Spruce Power regains compliance with NYSE's listing standard

Spruce Power (NYSE:SPRU) has regained compliance with the NYSE's continued listing standard for minimum share price. On February 1, 2023, the NYSE confirmed that the company’s average price for the trailing 30 consecutive trading days ended January 31, 2023, and that day’s final closing price, was above the NYSE’s minimum requirement of $1.00.
Seeking Alpha • Jan 19

Spruce Power: Meet The New XL Fleet

Summary Spruce Power, a residential solar company, is replacing the legacy retrofitting business which was beset by poor unit economics. The move represents a hard pivot by management and will see shareholders gain exposure to the fast-growing market for home solar systems. With an adjusted EBITDA of $51 million and a net profit of $15 million, Spruce Power already presents a more attractive investment profile. Residential home solar provider Spruce Power (SPRU) is now a publicly listed company after a hard pivot by XL Fleet, an entity previously concerned with converting class 2-6 internal combustion engine vehicles into either hybrid or plug-in hybrid electric systems. Consecutive quarters of high cash burn, a short seller report, and dwindling cash and equivalents position tipped management towards reinventing the business in the most dramatic fashion. The original retrofitting business now has the legacy moniker attached with the company announcing last month that it will cease all retrofitting operations, including all relevant hybrid and drivetrain-related product development and commercial activities. Spruce Power has now sold certain battery inventory and its legacy hybrid technology to Bangkok, Thailand-based RMA Group. XL Fleet is now dead, with Spruce Power set to drive the next phase of returns after a near-constant decline of the commons since the legacy business went public via a combination with a blank check firm in 2020. The home solar business was acquired for $58 million and the assumption of around $542 million of debt. It's been described as the largest privately held owner and operator of home rooftop solar systems in the US with 52,000 household subscribers and $83 million in revenue for the 12 months through June 30, 2022. Houston, Texas-based Spruce Power is also profitable, generating a net profit of $15 million on the back of an adjusted EBITDA of $51 million. Why The Legacy Business Had To Go Trailing 12-month cash burn from operations for the legacy business stood at $60.7 million. The underlying economics were not healthy, with gross margins frequently negative, an overall revenue trendline that was flat with net losses that were increasing sequentially and year-over-year. Data by YCharts The fundamental dynamic of retrofitting was also skewed to the downside. Not only is retrofitting gas and diesel-powered vehicles with electric components a relatively mature industry with limited economic moats and plenty of players, but the solution is also only being taken on by a limited number of commercial fleet operators. Fundamentally, the long-term growth story for the electrification of commercial vehicles was always with actual EVs being developed by traditional automakers and upstarts like REE Automotive (REE). Spruce likely gauged that fleet owners were more set to purchase these vehicles against the material level of tax credits provided for their purchase by the Inflation Reduction Act. The total addressable market for the legacy business was probably going to be forever limited, the variable cost base too high, and the overall scope of profitability constrained against a market cap that once sat at just under $4 billion. Home Solar Set To Take The Reins Spruce Power expects to have more than $240 million of unrestricted cash and equivalents on hand after the completion of the acquisition. The market for residential solar installs is one of the fastest-growing parts of the climate economy. The sector is set for a material ramp with the IRA providing homeowners with two separate 30% tax credits on rooftop solar systems and energy storage. Spruce Power offers a battery bundle using Tesla's (TSLA) Powerwall and Enphase's (ENPH) battery pack. This makes it easier for households to enhance the resiliency of their rooftop solar systems as storing energy allows demand to be better matched to supply. This is a secular growth space with less than 2% of US homes having rooftop solar installed. Further, whilst reducing carbon emissions forms a part of the underlying driver for household demand for home solar, unit economics forms the other. Electricity bills for US households surged last year as an energy crisis led to a surge of key energy feedstock for thermal power plants from natural gas to coal. Home solar reduces this volatility for individual households. An important need as global geopolitics enters a new stage with energy becoming a tool of Russia's energy war. Further, extreme weather events last year drove blackouts for thousands of homes across the US. This will continue to place into view the potential usefulness of solar systems as a partial hedge against any future extreme weather to homeowners.
Seeking Alpha • Jan 09

Spruce Power appoints Christian Fong as CEO

Spruce Power (NYSE:SPRU) notifies that as on February 1, 2023, Spruce President and Director Christian Fong will assume the role of Chief Executive Officer from current CEO Eric Tech. However, current CEO Eric Tech will remain on the board. Fong led Spruce Power before merger with XL Fleet. Concurrently, the company officially moved its headquarters to Denver, Colorado, effective January 1, 2023.  Christian Fong and several key members of the Spruce Power leadership team are already located in Denver, and other team members and leadership roles will relocate in the months ahead.
Seeking Alpha • Nov 09

XL Fleet GAAP EPS of -$0.15, revenue of $8.4M

XL Fleet press release (NYSE:XL): Q3 GAAP EPS of -$0.15. Revenue of $8.4M (+162.5% Y/Y). Adjusted EBITDA totaled -$1.8M for the third quarter of 2022, compared to -$11.7M for the second quarter of 2022 and -$14.3M in the third quarter of 2021. Exited 3Q22 with more than 51,000 customers; combined portfolio generated 134 million MWh of power in 3Q22. PV5 gross customer value of $821 million at the end of the third quarter of 2022.
Seeking Alpha • Oct 21

XL Fleet gets NYSE non-compliance notice

XL Fleet (NYSE:XL) said Friday it received a notice from NYSE as it is not in compliance with the exchange's price criteria for continued listing. The firm will consider all available alternatives - including, but not limited to, a potential reverse stock split - to regain compliance. XL Fleet (XL) said it is in compliance with other NYSE continued listing rules.
Seeking Alpha • Sep 07

XL Fleet: Could Be On The Verge Of Collapse

Summary XL Fleet has completely revamped its operations since it was founded in 2009. The major restructuring took place in the first quarter of 2022. Cash burn is excessive compared to sales generated. The electric vehicle boom not translating to growth in XL Fleet. You've probably heard of don't fight the Fed. That's going on right now. The Fed is trying to slow the economy and you don't want to be on the wrong side of that. Well, there's another giant you don't want to go up against and that's the American government. Right now, two of the largest governing bodies are all in on one specific industry - electric vehicles. The United States government included an expansion and extension of electric vehicle tax credits while California went as far to say no new gas-powered cars will be sold in the state by 2035. With the amount of money set to pour into this industry, it's too big to ignore. And I don't want to be caught fighting the government. So, I'm digging into electric vehicle stocks and electric vehicle-related companies as we speak to add some to my buy list, or as I like to call it, my Bank It list. These are going to be stocks that operate in the electric vehicle space, though it can be any aspect - electric vehicles, chips, mining, batteries, etc. You name it, and it's on my list to take a look at. I see this as a rising tide will lift all boats. But I still want to be on the fastest boat. Today I'm breaking down XL Fleet (XL), a fleet electrification company in the United States. What they do… XL Fleet began back in 2009, just after the financial crisis and is based out of Boston Massachusetts. All the way up until December 2020, they were simply operating one segment: Drivetrain. The drivetrain segment offers systems for vehicle electrification. In December 2020, they launched the XL Grid segment. This segment installs charging stations to enable customers to effectively plug in their electrified vehicles. And in May 2021, they completed the acquisition of World Energy Efficiency Services, LLC (World Energy). This allowed the company to offer comprehensive solutions to commercial fleets to sustainably transform their operations. In the first quarter of this year, that all changed. The company has been struggling with sales, issues with internal controls in financial reporting and the resignation of the company's president and board of directors, Thomas Hynes III, on March 21, 2022. And they made some major changes: restructuring the bulk of its drivetrain business, eliminated its Plug-In Hybrid Electric Vehicles products, reduced the size of workforce by 51 employees, closing production center and warehouse in Quincy, IL, the closure of the company's engineering activities in its Boston office and the termination of the company's partnership with eNow. [Source: Q2, 10-Q filing; pg. 29] This is a big red flag to me. I'm looking for energy efficient companies that are going to be blessed by the good graces of the government. Just like Tesla (TSLA) has largely been subsidized to this point, more and more companies are now ready to ride that same trend. XL Fleet looks like it won't get to see that opportunity. The problems adding up… Revenues in the second quarter fell 19%, but their expenses didn't drop as fast, resulting in shrinking margins and a gross profit that declined 41%. The decline in revenues was largely attributed to a $0.5 million drop in the Drivetrain segment due to timing as well as interruptions in OEM vehicle supply. For XL Grid, the main operating segment, revenue declined $0.2 million due to lower numbers of projects in the second quarter of 2022 versus second quarter of 2021. The company posted a sharper loss of $12.7 million in the second quarter of 2022 compared to $10.5 million in the second quarter of 2021. Despite the weakness in revenues over the past quarter, a strong start to the year has the company on track to post somewhat improved revenues for the full year. Though the expectations at $24 million are a bit lofty for me. Take a look: Yahoo Finance I don't see the company getting back on track to hit these expectations, but it could catch up to the $15 million in revenues from last year. What's more alarming is the losses that are piling up, despite increasing revenues. The company is burning through some serious cash, with operating cash flow at negative $30 million through the first six months of the year. This is after the company said they scaled back Drivetrain, XL Grid and corporate operations which is expected to reduce near team operating cash burn. Remember, sales were only $15 million last year. They have already burned twice as much cash than sales, just to generate about $8 million in sales numbers through the first six months of the year. XL Fleet has a solid amount of cash on the balance sheet, at $322 million. Even with all of this, the company has managed to beat analyst expectations on earnings in each of the last four quarters. The company posted a loss on earnings of $0.05 compared to expectations for a loss of $0.10 in Q3 2021. In Q4 2021, the company posted the same, $0.05 loss on earnings, but expectations were even lower, at an $0.11 loss. In Q1 2022 and Q2 2022, the company posted the exact same bottom-line results. Even as analysts lowered their expectations to a $0.17 loss, the company posted a better-than-expected $0.08 loss. The company still posted a loss every quarter, just not as bad as analyst were looking for. It has an average rating as a hold, but at this point, I have pretty much made up my mind about the stock. It's on my Tank It list. Now let's see if there's anything on the price chart that could change my mind... Even bigger issues at play… Here's a look at the price chart showing late 2020 to today. XL data by YCharts This price chart isn't pretty either, so there's nothing to override the lower financial results for the second quarter, in my opinion. Material Weakness in Internal Control The company is also working through a material weakness in internal control over financial reporting for last year, with a remediation plan in place. [Q2, 10-Q filing; pg. 37] A material weakness is a deficiency or combination of deficiencies in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of its financial statements would not be prevented or detected on a timely basis.
分析記事 • May 10

At US$1.28, Is XL Fleet Corp. (NYSE:XL) Worth Looking At Closely?

XL Fleet Corp. ( NYSE:XL ), is not the largest company out there, but it saw significant share price movement during...
Seeking Alpha • May 04

XL Fleet: Buying $1 Bills For 56 Cents

XL Fleet is a descendant of the post-SPAC boom and bust in the hybrid electric vehicle space. While the company has yet to produce significant revenues/cash flows, the company has a strong cash position on its balance sheet with little to no debt. Given XL Fleet is trading at a share price of $1.41 and has $2.49 of cash per share, the steep discount is something investors can take advantage of. If XL Fleet was to theoretically be acquired for its net cash position (Cash-Total Debt), it would boast a fair share price of $2.45, representing a 73.7% upside opportunity.
Seeking Alpha • Mar 24

XL Fleet Corp. Is Having A Challenging 2022 As President Resigns

XL Fleet Corp. shares have decreased 36% YTD. 2021 revenues decreased 23.3% YoY. 2021 loss from operations increased 285% YoY. These suboptimal results indicate that the company faces significant financial and operational challenges in 2022.
Seeking Alpha • Feb 05

XL Fleet Corp.: The Past Is Prologue, And Then Some

XL Fleet Corp. shares have decreased by 65.7% since Q3 earnings were released on 11/15/21. YTD revenue of $7.6M is down 20.1% Y/O/Y. YTD loss from operations of $38.0M is up 185.1% Y/O/Y. These suboptimal results indicate that the company faces significant financial and operational challenges going forward.
Seeking Alpha • Oct 10

XL Fleet's Electrification Faces Its Limits

XL Fleet's common shares have fallen by 85% from its 52-week highs. The company's revenue is growing quick, albeit from a low base. However, operational cash burn is high. With its significant cash and equivalents position, XL Fleet is able to fund itself until it finds its feet.
分析記事 • Aug 15

Time To Worry? Analysts Are Downgrading Their XL Fleet Corp. (NYSE:XL) Outlook

Today is shaping up negative for XL Fleet Corp. ( NYSE:XL ) shareholders, with the analysts delivering a substantial...

株主還元

SPRUUS Renewable EnergyUS 市場
7D-0.9%-0.9%2.2%
1Y106.4%23.2%31.1%

業界別リターン: SPRU過去 1 年間で23.2 % の収益を上げたUS Renewable Energy業界を上回りました。

リターン対市場: SPRU過去 1 年間で31.1 % の収益を上げたUS市場を上回りました。

価格変動

Is SPRU's price volatile compared to industry and market?
SPRU volatility
SPRU Average Weekly Movement9.4%
Renewable Energy Industry Average Movement7.1%
Market Average Movement7.3%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

安定した株価: SPRU 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。

時間の経過による変動: SPRUの 週次ボラティリティ は、過去 1 年間で15%から9%に減少しました。

会社概要

設立従業員CEO（最高経営責任者ウェブサイト
2009159Chris Hayeswww.sprucepower.com

スプルース・パワー・ホールディング・コーポレーションは、米国で分散型太陽エネルギー資産を所有・運営している。同社は、家庭用太陽光発電システムで発電された電力を、サブスクリプションベースの支払いと契約価格の太陽光再生可能エネルギークレジット（SREC）を通じて住宅所有者に提供している。また、家庭用および第三者が所有する太陽光発電システムに、請求・回収／資産回収、口座サポートサービス、金融資産管理、住宅所有者サポートおよびサービシング技術、資産運用、SRECに関する取引・執行サービスなどのポートフォリオ管理サービスを提供するスプルース・プロ・サービシング・プラットフォームや、第三者が所有する住宅用、商業用、産業用の資産にさまざまなサービスを提供するスプルース・プロも提供している。スプルース・パワー・ホールディング・コーポレーションは2009年に設立され、テキサス州ヒューストンに本社を置いている。

Spruce Power Holding Corporation 基礎のまとめ

Spruce Power Holding の収益と売上を時価総額と比較するとどうか。
SPRU 基礎統計学
時価総額US$59.96m
収益（TTM）-US$25.96m
売上高(TTM)US$111.81m
0.5x
P/Sレシオ
-2.3x
PER（株価収益率

SPRU は割高か？

公正価値と評価分析を参照

収益と収入

最新の決算報告書（TTM）に基づく主な収益性統計
SPRU 損益計算書（TTM）
収益US$111.81m
売上原価US$38.90m
売上総利益US$72.91m
その他の費用US$98.87m
収益-US$25.96m

直近の収益報告

Dec 31, 2025

次回決算日

May 13, 2026

一株当たり利益（EPS）-1.43
グロス・マージン65.21%
純利益率-23.22%
有利子負債／自己資本比率559.9%

SPRU の長期的なパフォーマンスは？

過去の実績と比較を見る

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/05/11 02:21
終値2026/05/11 00:00
収益2025/12/31
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Spruce Power Holding Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。4

アナリスト機関
Gregory LewisBTIG
Jonathan DorsheimerCanaccord Genuity
Colin RuschOppenheimer & Co. Inc.