Market Cap
US$1.8b
Last Updated
2020/09/27 06:15 UTC
Data Sources
Company Financials +
Executive Summary
SunPower Corporation delivers solar solutions worldwide. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Moderate growth potential and slightly overvalued.
Similar Companies
Share Price & News
How has SunPower's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SPWR's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
5.4%
SPWR
1.8%
US Semiconductor
-0.8%
US Market
1 Year Return
-6.9%
SPWR
41.5%
US Semiconductor
13.8%
US Market
Return vs Industry: SPWR underperformed the US Semiconductor industry which returned 41.5% over the past year.
Return vs Market: SPWR underperformed the US Market which returned 13.8% over the past year.
Shareholder returns
| SPWR | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.4% | 1.8% | -0.8% |
| 30 Day | -6.7% | -0.9% | -5.0% |
| 90 Day | 42.7% | 13.7% | 10.1% |
| 1 Year | 42.2%-6.9% | 44.2%41.5% | 16.4%13.8% |
| 3 Year | 123.3%46.2% | 80.9%71.4% | 36.9%27.8% |
| 5 Year | -24.3%-50.5% | 240.4%206.9% | 85.0%64.2% |
Price Volatility Vs. Market
How volatile is SunPower's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall St
A Look At SunPower's (NASDAQ:SPWR) Share Price Returns1 month ago | Simply Wall St
Should We Be Cautious About SunPower Corporation's (NASDAQ:SPWR) ROE Of 7.3%?2 months ago | Simply Wall St
We're Not Counting On SunPower (NASDAQ:SPWR) To Sustain Its Statutory ProfitabilityValuation
Is SunPower undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SPWR ($10.66) is trading below our estimate of fair value ($21.65)
Significantly Below Fair Value: SPWR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SPWR is poor value based on its PE Ratio (201.8x) compared to the US Semiconductor industry average (34.2x).
PE vs Market: SPWR is poor value based on its PE Ratio (201.8x) compared to the US market (17.6x).
Price to Earnings Growth Ratio
PEG Ratio: SPWR is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: SPWR is overvalued based on its PB Ratio (57.3x) compared to the US Semiconductor industry average (3.1x).
Next Steps
Future Growth
How is SunPower forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
86.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPWR's forecast earnings growth (86.8% per year) is above the savings rate (2.2%).
Earnings vs Market: SPWR's earnings (86.8% per year) are forecast to grow faster than the US market (22.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SPWR's revenue (6% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: SPWR's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SPWR's Return on Equity is forecast to be low in 3 years time (14.2%).
Next Steps
Past Performance
How has SunPower performed over the past 5 years?
-5.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPWR has a high level of non-cash earnings.
Growing Profit Margin: SPWR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SPWR has become profitable over the past 5 years, growing earnings by -5.5% per year.
Accelerating Growth: SPWR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SPWR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (7.5%).
Return on Equity
High ROE: SPWR's Return on Equity (7.3%) is considered low.
Next Steps
Financial Health
How is SunPower's financial position?
Financial Position Analysis
Short Term Liabilities: SPWR's short term assets ($1.1B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: SPWR's short term assets ($1.1B) exceed its long term liabilities ($814.1M).
Debt to Equity History and Analysis
Debt Level: SPWR's debt to equity ratio (2307.3%) is considered high.
Reducing Debt: SPWR's debt to equity ratio has increased from 58.5% to 2307.3% over the past 5 years.
Debt Coverage: SPWR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SPWR's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is SunPower current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SPWR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SPWR'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 SPWR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SPWR'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 SPWR'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?
2.5yrs
Average management tenure
CEO
Tom Werner (60 yo)
17.25yrs
Tenure
US$2,972,483
Compensation
Mr. Thomas H. Werner, also known as Tom, is a Partner of Inspovation Ventures. Mr. Werner has been the Chief Executive Officer of SunPower Corporation June 2003 and serves as its President since May 2010. ...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD2.97M) is below average for companies of similar size in the US market ($USD4.61M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 17.25yrs | US$2.97m | 0.38% $ 6.8m | |
| Executive VP & CFO | 2.33yrs | US$1.33m | 0.044% $ 789.8k | |
| Executive VP | 2.58yrs | US$1.17m | 0.045% $ 809.9k | |
| Executive VP & Chief People Officer | 0.67yr | US$1.30m | 0.041% $ 738.3k | |
| VP, Corporate Controller & Principal Accounting Officer | 1.58yrs | no data | 0.0094% $ 170.4k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Global Vice President of Sales & Marketing | no data | no data | no data | |
| Managing Director of Specialty Products | no data | no data | no data | |
| Executive Vice President of NA Residential & Commercial Channels | 2.67yrs | no data | no data | |
| Senior Vice President of Commercial Americas | no data | no data | no data |
2.5yrs
Average Tenure
52.5yo
Average Age
Experienced Management: SPWR's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 17.25yrs | US$2.97m | 0.38% $ 6.8m | |
| Independent Director | 11.58yrs | US$400.02k | 0.16% $ 2.9m | |
| Independent Director | 7.67yrs | US$400.02k | 0.094% $ 1.7m | |
| Lead Independent Director | 8.25yrs | US$425.02k | 0.099% $ 1.8m | |
| Director | 0.50yr | no data | no data | |
| Director | 2.83yrs | no data | no data | |
| Director | 3.67yrs | no data | no data | |
| Director | 1.17yrs | no data | no data | |
| Director | 0.92yr | no data | no data |
3.7yrs
Average Tenure
55yo
Average Age
Experienced Board: SPWR's board of directors are considered experienced (3.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SPWR 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 19.3%.
Top Shareholders
Company Information
SunPower Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: SunPower Corporation
- Ticker: SPWR
- Exchange: NasdaqGS
- Founded: 1985
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$1.813b
- Shares outstanding: 170.09m
- Website: https://us.sunpower.com
Number of Employees
Location
- SunPower Corporation
- 51 Rio Robles
- San Jose
- California
- 95134
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SPWR | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Nov 2011 |
| S9P2 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 2011 |
| 0R0V | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Nov 2011 |
Biography
SunPower Corporation delivers solar solutions worldwide. It operates through SunPower Energy Services and SunPower Technologies segments. The company provides solar power components, including panels and s ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/09/27 06:15 |
| End of Day Share Price | 2020/09/25 00:00 |
| Earnings | 2020/06/28 |
| Annual Earnings | 2019/12/29 |
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.