Company Valuation: Sunrun Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,100 5,119 4,277 2,075 4,270 2,960 - -
Change - -27.91% -16.45% -51.48% 105.75% -30.66% - -
Enterprise Value (EV) 1 13,329 13,083 14,270 14,494 18,198 18,131 20,073 22,246
Change - -1.85% 9.08% 1.57% 25.56% -0.36% 10.71% 10.83%
P/E -87.9x 30x -2.65x -0.72x 10.8x 10.5x 89.3x 18.3x
PBR 1.14x 0.77x 0.82x 0.82x 1.37x 0.79x 0.77x 0.79x
PEG - -0x 0x -0x -0x -0.3x -1x 0x
Capitalization / Revenue 4.41x 2.21x 1.89x 1.02x 1.44x 0.97x 0.91x 0.81x
EV / Revenue 8.28x 5.64x 6.31x 7.11x 6.15x 5.96x 6.17x 6.12x
EV / EBITDA -47.9x -62x -62x 303x 30.4x 27.7x 27.7x 25.9x
EV / EBIT -20x -19.8x -18.7x -25.3x -144x -97.5x -265x 894x
EV / FCF -5.32x -0x -4.16x -4.18x -6.23x -8.14x -6.77x -4.81x
FCF Yield -18.8% -21,860% -24% -23.9% -16.1% -12.3% -14.8% -20.8%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.39 0.8 -7.41 -12.81 1.71 1.18 0.1389 0.6774
Distribution rate - - - - - - - -
Net sales 1 1,610 2,321 2,260 2,038 2,957 3,044 3,255 3,637
EBITDA 1 -278.1 -211.1 -230.3 47.84 599.4 654.2 725.7 859.2
EBIT 1 -666.2 -662.2 -762 -573 -126.1 -185.9 -75.88 24.89
Net income 1 -79.42 173.4 -1,604 -2,846 449.9 359.8 79.01 86
Net Debt 1 6,229 7,964 9,993 12,419 13,928 15,171 17,113 19,286
Reference price 2 34.30 24.02 19.63 9.25 18.40 12.41 12.41 12.41
Nbr of stocks (in thousands) 207,005 213,104 217,879 224,339 232,042 238,549 - -
Announcement Date 2/17/22 2/22/23 2/21/24 2/27/25 2/26/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.76x4.15x8.21x-.--% 23.75B
27.13x3.2x15.1x-.--% 15.12B
19.2x4.8x16.56x2.27% 15.81B
-67.96x0.83x10.01x0.05% 12.96B
20.1x2.98x12.53x - 8.66B
-11.33x1.17x11.2x-.--% 6.93B
-41.79x0.79x6.11x-.--% 6.15B
-11.88x2.58x12.79x-.--% 6.25B
119.95x4.23x16.49x-.--% 5.68B
Average 7.35x 2.75x 12.11x 0.29% 11.25B
Weighted average by Cap. 5.73x 3.08x 11.96x 0.39%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield