Vivint Solar, Inc. provides distributed solar energy primarily to residential customers in the United States.
Concerning outlook with weak fundamentals.
Share Price & News
How has Vivint Solar's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VSLR's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: VSLR exceeded the US Electrical industry which returned 2.8% over the past year.
Return vs Market: VSLR exceeded the US Market which returned 6.7% over the past year.
Price Volatility Vs. Market
How volatile is Vivint Solar's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StHow Should Investors Feel About Vivint Solar, Inc.'s (NYSE:VSLR) CEO Pay?
3 months ago | Simply Wall StSuch Is Life: How Vivint Solar (NYSE:VSLR) Shareholders Saw Their Shares Drop 65%
4 months ago | Simply Wall StThe Chief Sales Officer of Vivint Solar, Inc. (NYSE:VSLR), L. Allred, Just Sold 67% Of Their Holding
Is Vivint Solar undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate VSLR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate VSLR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: VSLR is unprofitable, so we can't compare its PE Ratio to the US Electrical industry average.
PE vs Market: VSLR 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 VSLR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VSLR is overvalued based on its PB Ratio (15.3x) compared to the US Electrical industry average (2.4x).
How is Vivint Solar forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VSLR is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: VSLR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: VSLR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: VSLR's revenue (9.8% per year) is forecast to grow faster than the US market (9.4% per year).
High Growth Revenue: VSLR's revenue (9.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if VSLR's Return on Equity is forecast to be high in 3 years time
How has Vivint Solar performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VSLR is currently unprofitable.
Growing Profit Margin: VSLR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VSLR is unprofitable, and losses have increased over the past 5 years at a rate of -9.6% per year.
Accelerating Growth: Unable to compare VSLR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VSLR is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (-20.9%).
Return on Equity
High ROE: VSLR has a negative Return on Equity (-139.63%), as it is currently unprofitable.
How is Vivint Solar's financial position?
Financial Position Analysis
Short Term Liabilities: VSLR's short term assets ($205.3M) do not cover its short term liabilities ($212.7M).
Long Term Liabilities: VSLR's short term assets ($205.3M) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: VSLR's debt to equity ratio (502.2%) is considered high.
Reducing Debt: VSLR's debt to equity ratio has increased from 16.3% to 502.2% over the past 5 years.
Debt Coverage: VSLR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if VSLR's interest payments on its debt are well covered by EBIT.
What is Vivint Solar current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VSLR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VSLR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VSLR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VSLR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VSLR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Bywater (50yo)
Mr. David H. Bywater has been Chief Executive Officer of Vivint Solar, Inc. since December 19, 2016 and served as its Interim President & Chief Executive Officer since May 2016 until December 2016. Mr. Byw ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD8.99M) is above average for companies of similar size in the US market ($USD4.72M).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
|CEO & Director||4.17yrs||US$8.99m||0.26% $5.4m|
|CFO, Executive VP & Assistant Secretary||6.67yrs||US$1.81m||0.13% $2.7m|
|Chief Sales Officer||3.83yrs||US$1.75m||0.026% $535.3k|
|Chief Commercial Officer & Executive VP of Capital Markets||6.75yrs||US$1.75m||0.014% $289.5k|
|Chief Revenue Officer||3.83yrs||US$1.76m||0.058% $1.2m|
|Chief Operating Officer||3.75yrs||US$1.54m||0.038% $793.2k|
|Chief Technology & Information Officer||no data||no data||no data|
|Vice President of Investor Relations||no data||no data||no data|
|Chief Legal Officer||4.17yrs||no data||no data|
|Senior Director of Communications||no data||no data||no data|
|Vice President of Human Capital||2.25yrs||no data||no data|
Experienced Management: VSLR's management team is considered experienced (4 years average tenure).
|CEO & Director||4.17yrs||US$8.99m||0.26% $5.4m|
|Independent Director||6.92yrs||US$212.50k||0.070% $1.5m|
|Independent Director||5.92yrs||US$215.00k||0.056% $1.2m|
|Independent Chairman of the Board||6.33yrs||no data||no data|
|Independent Director||7.67yrs||no data||no data|
|Independent Director||4.83yrs||no data||no data|
|Independent Director||0.33yr||no data||0.0051% $107.1k|
Experienced Board: VSLR's board of directors are considered experienced (6.1 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4%.
Vivint Solar, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Vivint Solar, Inc.
- Ticker: VSLR
- Exchange: NYSE
- Founded: 2011
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: US$2.083b
- Shares outstanding: 125.41m
- Website: https://www.vivintsolar.com
Number of Employees
- Vivint Solar, Inc.
- 1800 West Ashton Boulevard
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VSLR||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Oct 2014|
|0VS||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Oct 2014|
Vivint Solar, Inc. provides distributed solar energy primarily to residential customers in the United States. It owns and installs solar energy systems through long-term customer contracts. The company also sells photovoltaic installation products, as well as solar renewable energy certificates. As of December 31, 2019, it had an aggregate capacity of 1,294.0 megawatts covering approximately 188,300 homes. The company was formerly known as V Solar Holdings, Inc. and changed its name to Vivint Solar, Inc. in April 2014. Vivint Solar, Inc. was founded in 2011 and is headquartered in Lehi, Utah.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/13 23:57|
|End of Day Share Price||2020/07/13 00:00|
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.