SUNation Energy Inc. (SUNE) vs Zeo Energy Corp. (ZEO)

SUNation Energy Inc. and Zeo Energy Corp. are both Solar companies. Zeo Energy Corp. is the larger, with a market value of $23.6M against $16.6M — 1.4× the size. SUNation Energy Inc. grew revenue faster over the last twelve months: 10.3% against 10.2%. SUNation Energy Inc. has the higher net margin (−8.48% vs −15.4%) and the higher return on invested capital (−13.6% vs −98.8%). Across the 17 metrics below, SUNation Energy Inc. leads on 11 and Zeo Energy Corp. on 6.

Valuation

Metric SUNE ZEO Solar median
P/E n/m n/m 10.93
P/S 0.25 0.19 0.54
P/B 0.75 1.44 1.44
Price to free cash flow n/m n/m 9.91
EV/EBITDA n/m n/m 9.90
EV/Sales 0.28 0.16 0.74
Earnings yield (1.25%) (73.29%) 0.00%
Free cash flow yield (11.81%) (46.95%) 0.00%

Profitability

Metric SUNE ZEO Solar median
Gross margin 35.73% 51.10% 31.92%
Operating margin (7.89%) (16.60%) (9.70%)
Net margin (8.48%) (15.43%) (8.48%)
Free cash flow margin (2.95%) (8.74%) (2.95%)
Return on equity (24.48%) 44.16% 5.34%
Return on assets (12.27%) (21.68%) (5.36%)
Return on invested capital (13.55%) (98.81%) (5.27%)

Growth

Metric SUNE ZEO Solar median
Revenue growth (TTM) 10.34% 10.17% 16.97%
EPS growth (last fiscal year) 99.96% (16.67%) —
Revenue growth, 5-year CAGR 54.84% — 14.00%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric SUNE ZEO Solar median
Debt to equity 0.24 0.08 0.09
Current ratio 0.77 1.56 1.33
Net debt to EBITDA (0.50) 0.49 0.03

Dividend

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

Size

Metric SUNE ZEO Solar median
Market cap 16.61m 23.63m 43.46m

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