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SolarBank DB:GY2 Stock Report

Last Price

€2.94

Market Cap

€96.8m

7D

-8.7%

1Y

-35.2%

Updated

06 Nov, 2024

Data

Company Financials +

GY2 Stock Overview

Operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States.

GY2 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance0/6
Financial Health5/6
Dividends0/6

SolarBank Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SolarBank
Historical stock prices
Current Share PriceCA$2.94
52 Week HighCA$6.45
52 Week LowCA$2.86
Beta0
11 Month Change-16.48%
3 Month Change-32.10%
1 Year Change-35.24%
33 Year Changen/a
5 Year Changen/a
Change since IPO69.26%

Recent News & Updates

Recent updates

Shareholder Returns

GY2DE ConstructionDE Market
7D-8.7%0.8%-1.4%
1Y-35.2%8.1%11.8%

Return vs Industry: GY2 underperformed the German Construction industry which returned 8.1% over the past year.

Return vs Market: GY2 underperformed the German Market which returned 13.9% over the past year.

Price Volatility

Is GY2's price volatile compared to industry and market?
GY2 volatility
GY2 Average Weekly Movement7.9%
Construction Industry Average Movement6.3%
Market Average Movement4.8%
10% most volatile stocks in DE Market11.6%
10% least volatile stocks in DE Market2.4%

Stable Share Price: GY2's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: GY2's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
201315Richard Lusolarbankcorp.com

SolarBank Corporation operates as an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States. It focuses on solar photovoltaic power generation projects, battery energy storage systems, and EV-charging projects. The company provides expertise in the areas of site origination, utility grid interconnection, permitting, financing, engineering, procurement and construction, operation and maintenance, and asset management of solar photovoltaic power plants to the renewable and clean energy industry.

SolarBank Corporation Fundamentals Summary

How do SolarBank's earnings and revenue compare to its market cap?
GY2 fundamental statistics
Market cap€96.78m
Earnings (TTM)-€2.32m
Revenue (TTM)€39.02m

2.2x

P/S Ratio

-36.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GY2 income statement (TTM)
RevenueCA$58.38m
Cost of RevenueCA$46.84m
Gross ProfitCA$11.54m
Other ExpensesCA$15.01m
Earnings-CA$3.47m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.11
Gross Margin19.77%
Net Profit Margin-5.95%
Debt/Equity Ratio32.8%

How did GY2 perform over the long term?

See historical performance and comparison