SUNation Energy Inc. (SUNE) vs Vast Renewables Limited (VSTTF)

SUNation Energy Inc. and Vast Renewables Limited are both Solar companies. SUNation Energy Inc. is the larger, with a market value of $16.6M against $4.2M — 4.0× the size. Vast Renewables Limited has the higher net margin (0.00% vs −8.48%) and the higher return on invested capital (0.00% vs −13.6%). Across the 12 metrics below, Vast Renewables Limited leads on 10 and SUNation Energy Inc. on 2.

Valuation

Metric SUNE VSTTF Solar median
P/E n/m n/m 10.93
P/S 0.25 n/m 0.54
P/B 0.75 n/m 1.44
Price to free cash flow n/m n/m 9.91
EV/EBITDA n/m 0.01 9.90
EV/Sales 0.28 n/m 0.74
Earnings yield (1.25%) 0.00% 0.00%
Free cash flow yield (11.81%) 0.00% 0.00%

Profitability

Metric SUNE VSTTF Solar median
Gross margin 35.73% — 31.92%
Operating margin (7.89%) 0.00% (9.70%)
Net margin (8.48%) 0.00% (8.48%)
Free cash flow margin (2.95%) 0.00% (2.95%)
Return on equity (24.48%) 0.00% 5.34%
Return on assets (12.27%) 0.00% (5.36%)
Return on invested capital (13.55%) 0.00% (5.27%)

Growth

Metric SUNE VSTTF Solar median
Revenue growth (TTM) 10.34% — 16.97%
EPS growth (last fiscal year) 99.96% (147.20%) —
Revenue growth, 5-year CAGR 54.84% — 14.00%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric SUNE VSTTF Solar median
Debt to equity 0.24 (1.70) 0.09
Current ratio 0.77 1.11 1.33
Net debt to EBITDA (0.50) (0.02) 0.03

Dividend

Metric SUNE VSTTF Solar median
Dividend yield — — —
Payout ratio 0.00 0.00 0.00

Size

Metric SUNE VSTTF Solar median
Market cap 16.61m 4.20m 43.46m

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