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Market Cap

US$8.1b

Last Updated

2021/05/12 22:46 UTC

Data Sources

Company Financials +

Executive Summary

Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. More Details


Snowflake Analysis

Imperfect balance sheet and overvalued.


Similar Companies

Share Price & News

How has Sunrun's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RUN is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: RUN's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

-5.3%

RUN

-2.5%

US Electrical

-2.8%

US Market


1 Year Return

192.7%

RUN

90.4%

US Electrical

49.4%

US Market

Return vs Industry: RUN exceeded the US Electrical industry which returned 86.2% over the past year.

Return vs Market: RUN exceeded the US Market which returned 48.6% over the past year.


Shareholder returns

RUNIndustryMarket
7 Day-5.3%-2.5%-2.8%
30 Day-22.0%-3.7%-2.3%
90 Day-51.8%-7.6%-1.3%
1 Year192.7%192.7%93.5%90.4%51.8%49.4%
3 Year272.5%272.5%69.5%60.9%57.5%47.6%
5 Year556.1%556.1%97.8%83.2%121.7%97.1%

Long-Term Price Volatility Vs. Market

How volatile is Sunrun's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sunrun undervalued compared to its fair value and its price relative to the market?

1.31x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate RUN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate RUN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: RUN is unprofitable, so we can't compare its PE Ratio to the US Electrical industry average.

PE vs Market: RUN is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RUN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RUN is good value based on its PB Ratio (1.3x) compared to the US Electrical industry average (3.6x).


Future Growth

How is Sunrun forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

-12.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RUN is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: RUN is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: RUN is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: RUN's revenue (13.9% per year) is forecast to grow faster than the US market (8.8% per year).

High Growth Revenue: RUN's revenue (13.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RUN is forecast to be unprofitable in 3 years.


Past Performance

How has Sunrun performed over the past 5 years?

-45.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RUN is currently unprofitable.

Growing Profit Margin: RUN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RUN is unprofitable, and losses have increased over the past 5 years at a rate of 45.4% per year.

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

Earnings vs Industry: RUN is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-8.8%).


Return on Equity

High ROE: RUN has a negative Return on Equity (-9.76%), as it is currently unprofitable.


Financial Health

How is Sunrun's financial position?


Financial Position Analysis

Short Term Liabilities: RUN's short term assets ($1.3B) exceed its short term liabilities ($798.8M).

Long Term Liabilities: RUN's short term assets ($1.3B) do not cover its long term liabilities ($6.7B).


Debt to Equity History and Analysis

Debt Level: RUN's debt to equity ratio (72.7%) is considered high.

Reducing Debt: RUN's debt to equity ratio has reduced from 73.3% to 72.7% over the past 5 years.

Debt Coverage: RUN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if RUN's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate RUN'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 RUN's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RUN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

2.3yrs

Average management tenure


CEO

Lynn Jurich (40 yo)

7.17yrs

Tenure

US$5,202,993

Compensation

Ms. Lynn Michelle Jurich is a Co-Founder of Sunrun Inc. and has been its Chief Executive Officer since February 4, 2014. Ms. Jurich served as Co-Chief Executive Officer of Sunrun Inc. since October 2012 to...


CEO Compensation Analysis

Compensation vs Market: Lynn's total compensation ($USD5.20M) is about average for companies of similar size in the US market ($USD6.60M).

Compensation vs Earnings: Lynn's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: RUN's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: RUN's board of directors are considered experienced (4.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: RUN insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 69.5%.


Top Shareholders

Company Information

Sunrun Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sunrun Inc.
  • Ticker: RUN
  • Exchange: NasdaqGS
  • Founded: 2007
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: US$8.082b
  • Shares outstanding: 203.93m
  • Website: https://www.sunrun.com

Number of Employees


Location

  • Sunrun Inc.
  • 225 Bush Street
  • Suite 1400
  • San Francisco
  • California
  • 94104
  • United States

Listings


Biography

Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. It also sells solar energy systems and products, suc...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/12 22:46
End of Day Share Price2021/05/12 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.