| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
RUN Stock Overview
Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States.
Sunrun Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$25.22 |
| 52 Week High | US$60.60 |
| 52 Week Low | US$16.80 |
| Beta | 2.22 |
| 1 Month Change | -4.61% |
| 3 Month Change | -21.34% |
| 1 Year Change | -53.62% |
| 3 Year Change | 34.44% |
| 5 Year Change | 254.21% |
| Change since IPO | 134.17% |
Recent News & Updates
Sunrun: Run To Buy In June
June offers a kurtosis trade for RUN, with a high historical win percentage. The recent earnings call shows a change in management sentiment, turning optimistic. Management has plans to deal with the major headwinds the company is currently facing, reducing the potential impact of rising energy, labor, and material costs. I recommend selling puts (equivalent to covered calls) over the summer for conservative investors; for the risk-tolerant, I recommend buying the stock.
Shareholder Returns
| RUN | US Electrical | US Market | |
|---|---|---|---|
| 7D | 5.8% | 4.9% | 6.6% |
| 1Y | -53.6% | -26.9% | -18.4% |
Return vs Industry: RUN underperformed the US Electrical industry which returned -26.9% over the past year.
Return vs Market: RUN underperformed the US Market which returned -18.4% over the past year.
Price Volatility
| RUN volatility | |
|---|---|
| RUN Average Weekly Movement | 13.5% |
| Electrical Industry Average Movement | 11.6% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.2% |
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.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 11,383 | Mary Powell | https://www.sunrun.com |
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, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems.
Sunrun Fundamentals Summary
| RUN fundamental statistics | |
|---|---|
| Market Cap | US$5.30b |
| Earnings (TTM) | -US$143.41m |
| Revenue (TTM) | US$1.77b |
3.0x
P/S Ratio-37.0x
P/E RatioIs RUN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RUN income statement (TTM) | |
|---|---|
| Revenue | US$1.77b |
| Cost of Revenue | US$1.52b |
| Gross Profit | US$248.20m |
| Other Expenses | US$391.61m |
| Earnings | -US$143.41m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.68 |
| Gross Margin | 14.02% |
| Net Profit Margin | -8.10% |
| Debt/Equity Ratio | 93.3% |
How did RUN perform over the long term?
See historical performance and comparisonValuation
Is RUN undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for RUN?
Other financial metrics that can be useful for relative valuation.
| What is RUN's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$5.30b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 7.7x |
| Enterprise Value/EBITDA | -49.7x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does RUN's PS Ratio compare to its peers?
| RUN PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 5.7x | ||
ATKR Atkore | 1x | -2.5% | US$3.6b |
NVT nVent Electric | 2x | 0.4% | US$5.3b |
CHPT ChargePoint Holdings | 18.5x | 36.8% | US$5.2b |
AYI Acuity Brands | 1.4x | 2.5% | US$5.3b |
RUN Sunrun | 3x | 11.1% | US$5.3b |
Price-To-Sales vs Peers: RUN is good value based on its Price-To-Sales Ratio (3x) compared to the peer average (5.7x).
Price to Earnings Ratio vs Industry
How does RUN's PE Ratio compare vs other companies in the US Electrical Industry?
Price-To-Sales vs Industry: RUN is expensive based on its Price-To-Sales Ratio (3x) compared to the US Electrical industry average (1.8x)
Price to Sales Ratio vs Fair Ratio
What is RUN'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.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 3x |
| Fair PS Ratio | 1.4x |
Price-To-Sales vs Fair Ratio: RUN is expensive based on its Price-To-Sales Ratio (3x) compared to the estimated Fair Price-To-Sales Ratio (1.4x).
Share Price vs Fair Value
What is the Fair Price of RUN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate RUN's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate RUN's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RUN's PEG Ratio to determine if it is good value.
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Future Growth
How is Sunrun forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
45.1%
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 (11.1% per year) is forecast to grow faster than the US market (8.4% per year).
High Growth Revenue: RUN's revenue (11.1% 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 (2.3%).
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Past Performance
How has Sunrun performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-71.4%
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 71.4% 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 (31.2%).
Return on Equity
High ROE: RUN has a negative Return on Equity (-12.14%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Sunrun's financial position?
Financial Health Score
1/6Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: RUN's short term assets ($1.7B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: RUN's short term assets ($1.7B) do not cover its long term liabilities ($8.5B).
Debt to Equity History and Analysis
Debt Level: RUN's net debt to equity ratio (85.1%) is considered high.
Reducing Debt: RUN's debt to equity ratio has increased from 82.8% to 93.3% 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: RUN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RUN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.6% each year
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Dividend
What is Sunrun current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
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.
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 RUN has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
0.8yrs
Average management tenure
CEO
Mary Powell (61 yo)
0.83
Tenure
US$7,683,363
Compensation
Ms. Mary Grace Powell serves as Independent Chairperson at Climate Change Crisis Real Impact I Acquisition Corporation since September 29, 2020. She serves as Independent Director at CGI Inc. since June 20...
CEO Compensation Analysis
Compensation vs Market: Mary's total compensation ($USD7.68M) is about average for companies of similar size in the US market ($USD8.23M).
Compensation vs Earnings: Mary's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: RUN's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: RUN's board of directors are considered experienced (6.1 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 diluted in the past year, with total shares outstanding growing by 3%.
Top Shareholders
Company Information
Sunrun Inc.'s 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
- Implied Market Cap: US$5.299b
- Shares outstanding: 210.11m
- Website: https://www.sunrun.com
Number of Employees
Location
- Sunrun Inc.
- 225 Bush Street
- Suite 1400
- San Francisco
- California
- 94104
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/26 00:00 |
| End of Day Share Price | 2022/06/24 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.