GY2 Stock Overview
Operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
SolarBank Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$5.32 |
| 52 Week High | CA$7.35 |
| 52 Week Low | CA$3.88 |
| Beta | 0 |
| 11 Month Change | -0.37% |
| 3 Month Change | 13.92% |
| 1 Year Change | -4.14% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 206.28% |
Recent News & Updates
Recent updates
Shareholder Returns
| GY2 | DE Construction | DE Market | |
|---|---|---|---|
| 7D | -4.0% | 2.5% | 0.8% |
| 1Y | -4.1% | 33.5% | 6.1% |
Return vs Industry: GY2 underperformed the German Construction industry which returned 33.5% over the past year.
Return vs Market: GY2 underperformed the German Market which returned 6.1% over the past year.
Price Volatility
| GY2 volatility | |
|---|---|
| GY2 Average Weekly Movement | 10.9% |
| Construction Industry Average Movement | 6.0% |
| Market Average Movement | 4.7% |
| 10% most volatile stocks in DE Market | 10.5% |
| 10% least volatile stocks in DE Market | 2.5% |
Stable Share Price: GY2 has not had significant price volatility in the past 3 months.
Volatility Over Time: GY2's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 15 | Richard Lu | solarbankcorp.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
| GY2 fundamental statistics | |
|---|---|
| Market cap | €147.67m |
| Earnings (TTM) | €2.99m |
| Revenue (TTM) | €40.49m |
49.4x
P/E Ratio3.6x
P/S RatioIs GY2 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GY2 income statement (TTM) | |
|---|---|
| Revenue | CA$59.65m |
| Cost of Revenue | CA$47.19m |
| Gross Profit | CA$12.46m |
| Other Expenses | CA$8.05m |
| Earnings | CA$4.40m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.16 |
| Gross Margin | 20.88% |
| Net Profit Margin | 7.38% |
| Debt/Equity Ratio | 11.6% |
How did GY2 perform over the long term?
See historical performance and comparison