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ISUN

iSun NasdaqCM:ISUN Stock Report

Last Price

US$4.45

Market Cap

US$62.6m

7D

23.6%

1Y

-51.2%

Updated

13 Aug, 2022

Data

Company Financials +
ISUN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health2/6
Dividends0/6

ISUN Stock Overview

iSun, Inc. operates as a solar engineering, construction, and procurement contractor for commercial and industrial customers in the Northeastern United States.

iSun Competitors

Price History & Performance

Summary of all time highs, changes and price drops for iSun
Historical stock prices
Current Share PriceUS$4.45
52 Week HighUS$9.90
52 Week LowUS$2.28
Beta0.85
1 Month Change50.85%
3 Month Change59.50%
1 Year Change-51.15%
3 Year Change-12.92%
5 Year Changen/a
Change since IPO-75.24%

Recent News & Updates

Aug 12

iSun Q2 2022 Earnings Preview

iSun (NASDAQ:ISUN) is scheduled to announce Q2 earnings results on Monday, August 15th, after market close. The consensus EPS Estimate is -$0.01 and the consensus Revenue Estimate is $29.28M (+573.1% Y/Y). Over the last 1 year, ISUN has beaten EPS estimates 50% of the time and has beaten revenue estimates 75% of the time. Over the last 3 months, EPS estimates have seen 0 upward revisions and 2 downward. Revenue estimates have seen 0 upward revisions and 2 downward.

Shareholder Returns

ISUNUS ConstructionUS Market
7D23.6%5.6%3.2%
1Y-51.2%14.9%-10.1%

Return vs Industry: ISUN underperformed the US Construction industry which returned 14.9% over the past year.

Return vs Market: ISUN underperformed the US Market which returned -10.1% over the past year.

Price Volatility

Is ISUN's price volatile compared to industry and market?
ISUN volatility
ISUN Average Weekly Movement11.9%
Construction Industry Average Movement6.1%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: ISUN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: ISUN's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1972325Jeff Peckhttps://www.isunenergy.com

iSun, Inc. operates as a solar engineering, construction, and procurement contractor for commercial and industrial customers in the Northeastern United States. It also provides electrical contracting services; and data and communication services. The company was formerly known as The Peck Company Holdings, Inc. and changed its name to iSun, Inc. in January 2021.

iSun Fundamentals Summary

How do iSun's earnings and revenue compare to its market cap?
ISUN fundamental statistics
Market CapUS$62.56m
Earnings (TTM)-US$6.03m
Revenue (TTM)US$53.14m

1.2x

P/S Ratio

-10.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ISUN income statement (TTM)
RevenueUS$53.14m
Cost of RevenueUS$43.70m
Gross ProfitUS$9.44m
Other ExpensesUS$15.47m
Earnings-US$6.03m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 15, 2022

Earnings per share (EPS)-0.43
Gross Margin17.77%
Net Profit Margin-11.35%
Debt/Equity Ratio11.8%

How did ISUN perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is ISUN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ISUN?

Other financial metrics that can be useful for relative valuation.

ISUN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.3x
Enterprise Value/EBITDA-7x
PEG Ration/a

Price to Sales Ratio vs Peers

How does ISUN's PS Ratio compare to its peers?

ISUN PS Ratio vs Peers
The above table shows the PS ratio for ISUN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.1x
WLMS Williams Industrial Services Group
0.1x9.1%US$33.9m
LMB Limbach Holdings
0.1x7.2%US$68.4m
ORN Orion Group Holdings
0.1x2.4%US$86.0m
QTEK QualTek Services
0.06x11.8%US$86.9m
ISUN iSun
1.2x39.6%US$62.6m

Price-To-Sales vs Peers: ISUN is expensive based on its Price-To-Sales Ratio (1.2x) compared to the peer average (0.1x).


Price to Earnings Ratio vs Industry

How does ISUN's PE Ratio compare vs other companies in the US Construction Industry?

Price-To-Sales vs Industry: ISUN is expensive based on its Price-To-Sales Ratio (1.2x) compared to the US Construction industry average (0.8x)


Price to Sales Ratio vs Fair Ratio

What is ISUN's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ISUN PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.2x
Fair PS Ratio2.3x

Price-To-Sales vs Fair Ratio: ISUN is good value based on its Price-To-Sales Ratio (1.2x) compared to the estimated Fair Price-To-Sales Ratio (2.3x).


Share Price vs Fair Value

What is the Fair Price of ISUN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ISUN ($4.45) is trading below our estimate of fair value ($39.81)

Significantly Below Fair Value: ISUN is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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Future Growth

How is iSun forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


98.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ISUN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: ISUN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ISUN is expected to become profitable in the next 3 years.

Revenue vs Market: ISUN's revenue (39.6% per year) is forecast to grow faster than the US market (7.9% per year).

High Growth Revenue: ISUN's revenue (39.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ISUN's Return on Equity is forecast to be low in 3 years time (4%).


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Past Performance

How has iSun performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-83.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ISUN is currently unprofitable.

Growing Profit Margin: ISUN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ISUN is unprofitable, and losses have increased over the past 5 years at a rate of 83.3% per year.

Accelerating Growth: Unable to compare ISUN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ISUN is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (13.1%).


Return on Equity

High ROE: ISUN has a negative Return on Equity (-8.79%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is iSun's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: ISUN's short term assets ($22.9M) do not cover its short term liabilities ($25.2M).

Long Term Liabilities: ISUN's short term assets ($22.9M) exceed its long term liabilities ($5.6M).


Debt to Equity History and Analysis

Debt Level: ISUN's net debt to equity ratio (9.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if ISUN's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ISUN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if ISUN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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Dividend

What is iSun current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate ISUN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ISUN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ISUN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ISUN's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ISUN has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average management tenure


CEO

Jeff Peck (51 yo)

no data

Tenure

US$1,831,291

Compensation

Mr. Jeffrey Peck, also known as Jeff, serves as Chairman of the Board, Chief Executive Officer and President at iSun, Inc. He served as Chief Executive Officer and President of The Peck Company Holdings, I...


CEO Compensation Analysis

Compensation vs Market: Jeff's total compensation ($USD1.83M) is above average for companies of similar size in the US market ($USD760.00K).

Compensation vs Earnings: Jeff's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: ISUN's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: ISUN's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 54.7%.


Top Shareholders

Company Information

iSun, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: iSun, Inc.
  • Ticker: ISUN
  • Exchange: NasdaqCM
  • Founded: 1972
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Implied Market Cap: US$62.563m
  • Shares outstanding: 14.06m
  • Website: https://www.isunenergy.com

Number of Employees


Location

  • iSun, Inc.
  • 400 Avenue D
  • Suite 10
  • Williston
  • Vermont
  • 5495
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/13 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.