SunPower Corporation delivers solar solutions worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$21.76|
|52 Week High||US$9.54|
|52 Week Low||US$57.52|
|1 Month Change||2.50%|
|3 Month Change||-14.23%|
|1 Year Change||120.02%|
|3 Year Change||169.64%|
|5 Year Change||163.76%|
|Change since IPO||190.13%|
Recent News & Updates
An Intrinsic Calculation For SunPower Corporation (NASDAQ:SPWR) Suggests It's 46% Undervalued
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of SunPower Corporation...
Is Now The Time To Put SunPower (NASDAQ:SPWR) On Your Watchlist?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
SunPower: Low Margins Keep Me Sidelined
SunPower did a good job in the past few years cleaning up the balance sheet, spinning off Maxeon, and improving gross margins. The Enphase position really helped the company moving forward. I feel like the company has too little earnings power to really generate large free cash flows. Its valuation leaves little upside potential.
Is SunPower Corporation (NASDAQ:SPWR) Potentially Undervalued?
SunPower Corporation ( NASDAQ:SPWR ), is not the largest company out there, but it saw a double-digit share price rise...
SunPower: Undervalued And Underestimated
The solar industry is set to boom as spending and efficiency continue to improve. SunPower is not only a strong company in the industry, but I believe that they are currently undervalued relative to that industry and that they present a solid investment opportunity. I remain highly bullish on the industry as a whole and on SunPower's long-term prospects in particular.
|SPWR||US Semiconductor||US Market|
Return vs Industry: SPWR exceeded the US Semiconductor industry which returned 54.6% over the past year.
Return vs Market: SPWR exceeded the US Market which returned 33.7% over the past year.
Stable Share Price: SPWR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: SPWR's weekly volatility (9%) has been stable over the past year.
About the Company
SunPower Corporation delivers solar solutions worldwide. It operates through Residential, Light Commercial; Commercial and Industrial Solutions; and Others segments. The company provides solar energy solutions, including sales to its third-party dealer network and resellers, storage solutions, cash and loan sales, and long-term leases directly to end customers; and sells turn-key engineering, procurement, and construction services, as well as sells energy under power purchase agreements.
SunPower Fundamentals Summary
|SPWR fundamental statistics|
Is SPWR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SPWR income statement (TTM)|
|Cost of Revenue||US$1.01b|
Last Reported Earnings
Jul 04, 2021
Next Earnings Date
|Earnings per share (EPS)||3.21|
|Net Profit Margin||44.54%|
How did SPWR perform over the long term?See historical performance and comparison
Is SunPower undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SPWR ($21.76) is trading below our estimate of fair value ($40.94)
Significantly Below Fair Value: SPWR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SPWR is good value based on its PE Ratio (6.9x) compared to the US Semiconductor industry average (29.8x).
PE vs Market: SPWR is good value based on its PE Ratio (6.9x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: SPWR is poor value based on its PEG Ratio (6.4x)
Price to Book Ratio
PB vs Industry: SPWR is overvalued based on its PB Ratio (8.5x) compared to the US Semiconductor industry average (4.6x).
How is SunPower forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SPWR's forecast earnings growth (1.1% per year) is below the savings rate (2%).
Earnings vs Market: SPWR's earnings (1.1% per year) are forecast to grow slower than the US market (14.9% per year).
High Growth Earnings: SPWR's earnings are forecast to grow, but not significantly.
Revenue vs Market: SPWR's revenue (20.6% per year) is forecast to grow faster than the US market (9.7% per year).
High Growth Revenue: SPWR's revenue (20.6% per year) is forecast to grow faster 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 (18.5%).
How has SunPower performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SPWR has a high level of non-cash earnings.
Growing Profit Margin: SPWR's current net profit margins (44.5%) are higher than last year (11%).
Past Earnings Growth Analysis
Earnings Trend: SPWR has become profitable over the past 5 years, growing earnings by 49.5% per year.
Accelerating Growth: SPWR's earnings growth over the past year (299.8%) exceeds its 5-year average (49.5% per year).
Earnings vs Industry: SPWR earnings growth over the past year (299.8%) exceeded the Semiconductor industry 70.4%.
Return on Equity
High ROE: Whilst SPWR's Return on Equity (123.33%) is outstanding, this metric is skewed due to their high level of debt.
How is SunPower's financial position?
Financial Position Analysis
Short Term Liabilities: SPWR's short term assets ($1.1B) exceed its short term liabilities ($408.2M).
Long Term Liabilities: SPWR's short term assets ($1.1B) exceed its long term liabilities ($694.4M).
Debt to Equity History and Analysis
Debt Level: SPWR's debt to equity ratio (125.1%) is considered high.
Reducing Debt: SPWR's debt to equity ratio has reduced from 144.9% to 125.1% over the past 5 years.
Debt Coverage: SPWR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SPWR's interest payments on its debt are not well covered by EBIT (0.7x coverage).
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Faricy (55 yo)
Mr. Peter T. Faricy has been Independent Director at Blue Apron Holdings Inc. since October 15, 2020. He serves as Chief Executive Officer, Director and President at SunPower Corporation since April 19, 20...
Experienced Management: SPWR's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: SPWR's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
SunPower Corporation's employee growth, exchange listings and data sources
- Name: SunPower Corporation
- Ticker: SPWR
- Exchange: NasdaqGS
- Founded: 1985
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$3.761b
- Shares outstanding: 172.86m
- Website: https://us.sunpower.com
Number of Employees
- SunPower Corporation
- 51 Rio Robles
- San Jose
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 22:53|
|End of Day Share Price||2021/09/16 00:00|