NasdaqGS:SPWR

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Executive Summary

SunPower Corporation delivers solar solutions worldwide. More Details


Snowflake Analysis

Moderate growth potential with questionable track record.


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

0.5%

SPWR

-6.9%

US Semiconductor

-4.6%

US Market


1 Year Return

92.9%

SPWR

33.3%

US Semiconductor

11.5%

US Market

Return vs Industry: SPWR exceeded the US Semiconductor industry which returned 37.7% over the past year.

Return vs Market: SPWR exceeded the US Market which returned 15.6% over the past year.


Shareholder returns

SPWRIndustryMarket
7 Day0.5%-6.9%-4.6%
30 Day38.5%-2.0%-0.9%
90 Day69.8%5.7%2.2%
1 Year194.6%92.9%35.7%33.3%14.0%11.5%
3 Year247.0%127.2%65.4%56.8%34.5%25.6%
5 Year-11.0%-41.7%221.7%191.1%73.0%53.6%

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

Valuation

Is SunPower undervalued compared to its fair value and its price relative to the market?

306.66x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SPWR ($15.49) is trading above our estimate of fair value ($14.95)

Significantly Below Fair Value: SPWR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SPWR is poor value based on its PE Ratio (293.2x) compared to the US Semiconductor industry average (39.2x).

PE vs Market: SPWR is poor value based on its PE Ratio (293.2x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: SPWR is poor value based on its PEG Ratio (4.7x)


Price to Book Ratio

PB vs Industry: SPWR is overvalued based on its PB Ratio (83.2x) compared to the US Semiconductor industry average (3.3x).


Next Steps

Future Growth

How is SunPower forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

62.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SPWR's forecast earnings growth (62.9% per year) is above the savings rate (2.2%).

Earnings vs Market: SPWR's earnings (62.9% per year) are forecast to grow faster than the US market (22.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SPWR's revenue (9.6% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: SPWR's revenue (9.6% 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 (17%).


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 (13.9%).


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?

2.6yrs

Average management tenure


CEO

Tom Werner (60 yo)

17.33yrs

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 ($USD2.97M) is below average for companies of similar size in the US market ($USD5.63M).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Werner
Chairman17.33yrsUS$2.97m0.38%
$ 10.4m
Manavendra Sial
Executive VP & CFO2.42yrsUS$1.33m0.044%
$ 1.2m
Kenneth Mahaffey
Executive VP3.92yrsUS$1.17m0.045%
$ 1.2m
Douglas Richards
Executive VP & Chief People Officer0.75yrUS$1.30m0.041%
$ 1.1m
Vichheka Heang
VP, Corporate Controller & Principal Accounting Officer1.67yrsno data0.0094%
$ 259.0k
Bob Okunski
Vice President of Investor Relationsno datano datano data
Jim Dawe
Global Vice President of Sales & Marketingno datano datano data
Bobby Ram
Managing Director of Specialty Productsno datano datano data
Norman Taffe
Executive Vice President of NA Residential & Commercial Channels2.75yrsno datano data
Eric Potts
Senior Vice President of Commercial Americasno datano datano data
Joanne Endow
Head of ESGno datano datano data

2.6yrs

Average Tenure

52.5yo

Average Age

Experienced Management: SPWR's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Werner
Chairman17.33yrsUS$2.97m0.38%
$ 10.4m
Thomas McDaniel
Independent Director11.67yrsUS$400.02k0.16%
$ 4.4m
Catherine Lesjak
Independent Director7.75yrsUS$400.02k0.094%
$ 2.6m
Patrick Wood
Lead Independent Director8.33yrsUS$425.02k0.099%
$ 2.7m
Denis Toulouse
Director0.58yrno datano data
François Badoual
Director2.92yrsno datano data
Julien Pouget
Director3.75yrsno datano data
Franck Trochet
Director1.25yrsno datano data
Thomas Rebeyrol
Director1yrno datano data

3.8yrs

Average Tenure

55yo

Average Age

Experienced Board: SPWR's board of directors are considered experienced (3.8 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$2.755b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SPWRNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDNov 2011
S9P2DB (Deutsche Boerse AG)YesCommon StockDEEURNov 2011
0R0VLSE (London Stock Exchange)YesCommon StockGBUSDNov 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 23:33
End of Day Share Price2020/10/28 00:00
Earnings2020/06/28
Annual Earnings2019/12/29


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.