company background image
SUNN logo

SolarBank NEOE:SUNN Stock Report

Last Price

CA$8.00

Market Cap

CA$217.1m

7D

7.4%

1Y

26.0%

Updated

25 Apr, 2024

Data

Company Financials

SUNN Stock Overview

SolarBank Corporation operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States.

SUNN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for SUNN from our risk checks.

SolarBank Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SolarBank
Historical stock prices
Current Share PriceCA$8.00
52 Week HighCA$10.20
52 Week LowCA$5.90
Beta0
1 Month Change17.65%
3 Month Change-8.57%
1 Year Change25.98%
3 Year Changen/a
5 Year Changen/a
Change since IPO321.05%

Recent News & Updates

Recent updates

Statutory Profit Doesn't Reflect How Good SolarBank's (CSE:SUNN) Earnings Are

Nov 03
Statutory Profit Doesn't Reflect How Good SolarBank's (CSE:SUNN) Earnings Are

Shareholder Returns

SUNNCA Renewable EnergyCA Market
7D7.4%1.8%0.7%
1Y26.0%-29.7%4.9%

Return vs Industry: SUNN exceeded the Canadian Renewable Energy industry which returned -28.4% over the past year.

Return vs Market: SUNN exceeded the Canadian Market which returned 5.5% over the past year.

Price Volatility

Is SUNN's price volatile compared to industry and market?
SUNN volatility
SUNN Average Weekly Movement7.4%
Renewable Energy Industry Average Movement4.3%
Market Average Movement9.0%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.0%

Stable Share Price: SUNN's share price has been volatile over the past 3 months.

Volatility Over Time: SUNN's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201315Richard Lusolarbankcorp.com

SolarBank Corporation operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States. The company engages in the site origination, development, financing, engineering, procurement, construction, operation, maintenance, and asset management of solar photovoltaic power generation projects. It offers solar energy solutions in the areas of behind-the-meter solar power plants, electricity grid connected community solar gardens, and utility scale solar farms.

SolarBank Corporation Fundamentals Summary

How do SolarBank's earnings and revenue compare to its market cap?
SUNN fundamental statistics
Market capCA$217.09m
Earnings (TTM)CA$3.96m
Revenue (TTM)CA$36.28m

54.8x

P/E Ratio

6.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SUNN income statement (TTM)
RevenueCA$36.28m
Cost of RevenueCA$28.46m
Gross ProfitCA$7.82m
Other ExpensesCA$3.85m
EarningsCA$3.96m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.15
Gross Margin21.55%
Net Profit Margin10.93%
Debt/Equity Ratio13.6%

How did SUNN perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.