Market Cap
US$5.6b
Last Updated
2020/08/06 23:43 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.
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Reasonable growth potential with questionable track record.
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
26.9%
RUN
6.0%
US Electrical
3.0%
US Market
1 Year Return
148.3%
RUN
24.2%
US Electrical
15.8%
US Market
Return vs Industry: RUN exceeded the US Electrical industry which returned 20.6% over the past year.
Return vs Market: RUN exceeded the US Market which returned 15.4% over the past year.
Shareholder returns
| RUN | Industry | Market | |
|---|---|---|---|
| 7 Day | 26.9% | 6.0% | 3.0% |
| 30 Day | 77.8% | 12.1% | 6.0% |
| 90 Day | 215.0% | 23.9% | 16.4% |
| 1 Year | 148.3%148.3% | 26.6%24.2% | 18.4%15.8% |
| 3 Year | 595.5%595.5% | 37.8%30.4% | 44.8%35.4% |
| 5 Year | 359.8%359.8% | 33.3%23.4% | 75.7%56.7% |
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
1 month ago | Simply Wall St
Is Sunrun (NASDAQ:RUN) Weighed On By Its Debt Load?4 months ago | Simply Wall St
Have Insiders Sold Sunrun Inc. (NASDAQ:RUN) Shares Recently?4 months ago | Simply Wall St
A Sliding Share Price Has Us Looking At Sunrun Inc.'s (NASDAQ:RUN) P/E RatioValuation
Is Sunrun undervalued compared to its fair value and its price relative to the market?
447.6x
Price to Earnings (PE) 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 poor value based on its PE Ratio (447.6x) compared to the US Electrical industry average (21.5x).
PE vs Market: RUN is poor value based on its PE Ratio (447.6x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: RUN is poor value based on its PEG Ratio (8.8x)
Price to Book Ratio
PB vs Industry: RUN is overvalued based on its PB Ratio (6.4x) compared to the US Electrical industry average (2.7x).
Next Steps
Future Growth
How is Sunrun forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
51.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RUN's forecast earnings growth (51.1% per year) is above the savings rate (2.2%).
Earnings vs Market: RUN's earnings (51.1% per year) are forecast to grow faster than the US market (22.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RUN's revenue (11.8% per year) is forecast to grow faster than the US market (9.4% per year).
High Growth Revenue: RUN's revenue (11.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RUN's Return on Equity is forecast to be low in 3 years time (1.6%).
Next Steps
Past Performance
How has Sunrun performed over the past 5 years?
26.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RUN has a high level of non-cash earnings.
Growing Profit Margin: RUN became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: RUN has become profitable over the past 5 years, growing earnings by 26.6% per year.
Accelerating Growth: RUN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RUN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (-23.1%).
Return on Equity
High ROE: RUN's Return on Equity (-25.6%) is considered low.
Next Steps
Financial Health
How is Sunrun's financial position?
Financial Position Analysis
Short Term Liabilities: RUN's short term assets ($707.8M) exceed its short term liabilities ($474.8M).
Long Term Liabilities: RUN's short term assets ($707.8M) do not cover its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: RUN's debt to equity ratio (161.1%) is considered high.
Reducing Debt: RUN's debt to equity ratio has increased from 43.8% to 161.1% 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
Next Steps
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)
6.42yrs
Tenure
US$5,431,884
Compensation
Ms. Lynn Michelle Jurich is a Co-Founder of SunRun Inc. and has been its Chief Executive Officer since February 4, 2014. Ms. Jurich served as Co-Chief Executive Officer of SunRun Inc. October 2012 to Marc ...
CEO Compensation Analysis
Compensation vs Market: Lynn's total compensation ($USD5.43M) is about average for companies of similar size in the US market ($USD7.33M).
Compensation vs Earnings: Lynn's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman of the Board | 6.42yrs | US$4.03m | 1.19% $ 66.5m | |
| Co-Founder | 6.42yrs | US$5.43m | 2.27% $ 126.9m | |
| Chief Operating Officer | 2.67yrs | US$1.82m | 0.068% $ 3.8m | |
| General Counsel & Corporate Secretary | 2.25yrs | US$1.33m | 0.014% $ 796.7k | |
| Chief Financial Officer | 0.25yr | no data | no data | |
| Chief Accounting Officer | 1yr | no data | 0.0074% $ 412.6k | |
| Senior VP of Finance & Investor Relations | no data | no data | no data | |
| Director of Corporate Communication | no data | no data | no data | |
| Chief Human Resources Officer | 1.58yrs | no data | no data | |
| Chief Policy Officer | 3.92yrs | no data | no data | |
| President of AEE Solar | no data | no data | no data |
2.3yrs
Average Tenure
45yo
Average Age
Experienced Management: RUN's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman of the Board | 6.42yrs | US$4.03m | 1.19% $ 66.5m | |
| Co-Founder | 6.42yrs | US$5.43m | 2.27% $ 126.9m | |
| Independent Director | 4.58yrs | US$226.24k | 0.11% $ 6.0m | |
| Independent Director | 2.5yrs | US$216.24k | 0.023% $ 1.3m | |
| Independent Director | 4.25yrs | US$214.99k | 0.080% $ 4.5m | |
| Independent Director | 2.5yrs | US$212.95k | 0.023% $ 1.3m | |
| Lead Independent Director | no data | US$244.08k | 0.46% $ 26.0m |
4.4yrs
Average Tenure
53yo
Average Age
Experienced Board: RUN's board of directors are considered experienced (4.4 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 diluted in the past year, with total shares outstanding growing by 4.5%.
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$5.599b
- Shares outstanding: 120.33m
- Website: https://www.sunrun.com
Number of Employees
Location
- Sunrun Inc.
- 225 Bush Street
- Suite 1400
- San Francisco
- California
- 94104
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RUN | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Aug 2015 |
| 3S9 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Aug 2015 |
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/06 23:43 |
| End of Day Share Price | 2020/08/06 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.