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SUNL

Sunlight Financial Holdings NYSE:SUNL Stock Report

Last Price

US$3.23

Market Cap

US$434.3m

7D

-10.0%

1Y

-67.6%

Updated

24 Jun, 2022

Data

Company Financials +
SUNL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

SUNL Stock Overview

Sunlight Financial Holdings Inc. operates a business-to-business-to-consumer technology-enabled point-of-sale financing platform in the United States.

Sunlight Financial Holdings Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Sunlight Financial Holdings
Historical stock prices
Current Share PriceUS$3.23
52 Week HighUS$10.01
52 Week LowUS$2.41
Beta0
1 Month Change-24.53%
3 Month Change-34.75%
1 Year Change-67.60%
3 Year Changen/a
5 Year Changen/a
Change since IPO-70.93%

Recent News & Updates

Shareholder Returns

SUNLUS Consumer FinanceUS Market
7D-10.0%2.9%6.6%
1Y-67.6%-29.9%-18.5%

Return vs Industry: SUNL underperformed the US Consumer Finance industry which returned -32.1% over the past year.

Return vs Market: SUNL underperformed the US Market which returned -20.5% over the past year.

Price Volatility

Is SUNL's price volatile compared to industry and market?
SUNL volatility
SUNL Average Weekly Movement11.6%
Consumer Finance Industry Average Movement9.0%
Market Average Movement8.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

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

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

About the Company

FoundedEmployeesCEOWebsite
2014212Matt Poterehttps://www.sunlightfinancial.com

Sunlight Financial Holdings Inc. operates a business-to-business-to-consumer technology-enabled point-of-sale financing platform in the United States. Its platform is used to provide secured and unsecured loans for homeowners originated by third-party lenders to purchase and install residential solar energy systems, and other home improvements. The company was founded in 2014 and is based in Charlotte, North Carolina.

Sunlight Financial Holdings Fundamentals Summary

How do Sunlight Financial Holdings's earnings and revenue compare to its market cap?
SUNL fundamental statistics
Market CapUS$434.26m
Earnings (TTM)-US$263.50m
Revenue (TTM)US$118.18m

2.3x

P/S Ratio

-1.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SUNL income statement (TTM)
RevenueUS$118.18m
Cost of RevenueUS$20.80m
Gross ProfitUS$97.38m
Other ExpensesUS$360.88m
Earnings-US$263.50m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-3.11
Gross Margin82.40%
Net Profit Margin-222.96%
Debt/Equity Ratio2.4%

How did SUNL perform over the long term?

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

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book 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 SUNL?

Other financial metrics that can be useful for relative valuation.

SUNL 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/Revenue4.5x
Enterprise Value/EBITDA83.8x
PEG Ration/a

Price to Book Ratio vs Peers

How does SUNL's PB Ratio compare to its peers?

SUNL PB Ratio vs Peers
The above table shows the PB ratio for SUNL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1.1x

Price-To-Book vs Peers: SUNL is good value based on its Price-To-Book Ratio (0.5x) compared to the peer average (1.1x).


Price to Earnings Ratio vs Industry

How does SUNL's PE Ratio compare vs other companies in the U.S. Consumer Finance Industry?

Price-To-Book vs Industry: SUNL is good value based on its Price-To-Book Ratio (0.5x) compared to the US Consumer Finance industry average (1.1x)


Price to Book Ratio vs Fair Ratio

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

SUNL PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.5x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate SUNL's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: SUNL ($3.23) is trading below our estimate of fair value ($18.53)

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


Price to Earnings Growth Ratio

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


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Future Growth

How is Sunlight Financial Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


78.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: SUNL's revenue (18% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: SUNL's revenue (18% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SUNL's Return on Equity is forecast to be low in 3 years time (4.5%).


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Past Performance

How has Sunlight Financial Holdings 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


-2,153.6%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: SUNL is currently unprofitable.

Growing Profit Margin: SUNL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if SUNL's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: SUNL is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (17.4%).


Return on Equity

High ROE: SUNL has a negative Return on Equity (-31.02%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Sunlight Financial Holdings's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: SUNL's short term assets ($163.3M) exceed its short term liabilities ($54.1M).

Long Term Liabilities: SUNL's short term assets ($163.3M) exceed its long term liabilities ($66.4M).


Debt to Equity History and Analysis

Debt Level: SUNL has more cash than its total debt.

Reducing Debt: Insufficient data to determine if SUNL'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: SUNL has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if SUNL 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 Sunlight Financial Holdings's 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

  • Future Dividend Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SUNL'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 SUNL has not reported any payouts.


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Management

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

5.4yrs

Average management tenure


CEO

Matt Potere (46 yo)

6.75yrs

Tenure

US$5,162,021

Compensation

Mr. Matthew R. Potere, also Known as Matt, has been Chief Executive Officer and Director of Sunlight Financial Holdings Inc. since September 22, 2015. Prior to Sunlight, Mr. Potere served as a Senior Vice...


CEO Compensation Analysis

Compensation vs Market: Matt's total compensation ($USD5.16M) is above average for companies of similar size in the US market ($USD2.71M).

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


Leadership Team

Experienced Management: SUNL's management team is seasoned and experienced (5.4 years average tenure).


Board Members

Experienced Board: SUNL's board of directors are not considered experienced ( 1.4 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Sunlight Financial Holdings Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Sunlight Financial Holdings Inc.
  • Ticker: SUNL
  • Exchange: NYSE
  • Founded: 2014
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Implied Market Cap: US$434.256m
  • Market Cap: US$273.859m
  • Shares outstanding: 132.38m
  • Website: https://www.sunlightfinancial.com

Number of Employees


Location

  • Sunlight Financial Holdings Inc.
  • 101 North Tryon Street
  • Suite 1000
  • Charlotte
  • North Carolina
  • 28246
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 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.