Financial Review: SUNation Energy (SUNE) vs. The Competition

SUNation Energy (NASDAQ:SUNE) is one of 75 public companies in the “Other Alt Energy” industry, but how does it weigh in compared to its rivals? We will compare SUNation Energy to similar companies based on the strength of its earnings, institutional ownership, dividends, valuation, analyst recommendations, profitability and risk.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for SUNation Energy and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SUNation Energy	1	0	0	0	1.00
SUNation Energy Competitors	426	1179	1824	80	2.44

As a group, “Other Alt Energy” companies have a potential upside of 1.97%. Given SUNation Energy’s rivals stronger consensus rating and higher possible upside, analysts plainly believe SUNation Energy has less favorable growth aspects than its rivals.

Valuation and Earnings

This table compares SUNation Energy and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
SUNation Energy	$55.79 million	-$15.85 million	0.00
SUNation Energy Competitors	$18.51 billion	$321.02 million	-7.03

SUNation Energy’s rivals have higher revenue and earnings than SUNation Energy. SUNation Energy is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares SUNation Energy and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
SUNation Energy	-41.62%	-158.58%	-50.14%
SUNation Energy Competitors	-27.37%	-21.31%	-3.67%

Volatility and Risk

SUNation Energy has a beta of 3.15, meaning that its share price is 215% more volatile than the S&P 500. Comparatively, SUNation Energy’s rivals have a beta of -75.99, meaning that their average share price is 7,699% less volatile than the S&P 500.

Insider and Institutional Ownership

4.2% of SUNation Energy shares are held by institutional investors. Comparatively, 42.8% of shares of all “Other Alt Energy” companies are held by institutional investors. 0.3% of SUNation Energy shares are held by insiders. Comparatively, 17.3% of shares of all “Other Alt Energy” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

SUNation Energy rivals beat SUNation Energy on 11 of the 13 factors compared.

SUNation Energy Company Profile

SUNation Energy Inc. is focused on local and regional solar, storage and energy services companies. Its portfolio of brands provides homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage and grid services. SUNation Energy Inc., formerly known as Pineapple Energy, is based in RONKONKOMA, N.Y.