Wall Street analyst estimates for Emeren Group, Ltd. (SOL): consensus price target, buy/hold/sell recommendations and forecasts for revenue, EPS and EBITDA for the upcoming fiscal years.
Emeren Group Ltd is a company primarily focused on the creation, ownership, and ongoing management of solar energy facilities. Their specialized expertise covers the entire lifecycle of solar projects, encompassing strategic planning, overseeing construction, and securing the necessary financial resources.
Analyst Consensus
| Strong Buy | 1 |
| Buy | 3 |
| Hold | 4 |
| Sell | 6 |
| Strong Sell | 0 |
| Total analysts | 14 |
| Avg rating (1-5) | -0.07 |
Valuation Ratios
| P/E Ratio | 15.40 |
| Price / Book | 0.32 |
| EV / EBITDA | -107.49 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.28B | $80.5M | $103.0M | $96.9M | $119.1M | $73.5M | $79.7M | $61.3M | $105.6M | $92.1M |
| Cost of Revenue | $1.09B | $73.3M | $88.8M | $68.8M | $84.9M | $56.8M | $48.2M | $46.0M | $80.6M | $67.9M |
| Gross Profit | $187.9M | $7.2M | $14.1M | $28.1M | $34.2M | $16.7M | $31.4M | $15.3M | $25.0M | $24.1M |
| Research & Development | $43.9M | $27.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $7.6M | $7.4M | $7.9M | $11.1M | $16.5M | $14.9M | $17.3M | $17.6M | $26.4M | $23.3M |
| Operating Expenses | $6.7M | $4.9M | $7.6M | $12.5M | $35.2M | $9.9M | $18.8M | $18.0M | $33.7M | $24.6M |
| Operating Income | $16.3M | $2.3M | $6.6M | $15.5M | -$964000 | $6.8M | $12.7M | -$2.6M | -$8.7M | -$504000 |
| EBITDA | $25.7M | $4.5M | $11.9M | $22.0M | $6.4M | $15.9M | $19.3M | $7.4M | $7.1M | -$686000 |
| Interest Expense | $2.0M | $1.8M | $3.9M | $8.7M | $9.2M | $6.2M | $5.2M | $3.2M | $2.2M | $2.0M |
| Pre-tax Income | $20.2M | $226574 | $3.5M | $4.9M | -$10.6M | $2.3M | $7.4M | -$2.6M | -$2.9M | -$9.6M |
| Income Tax | -$23191 | $132092 | $322068 | -$189000 | $1.1M | $163036 | $774412 | $1.9M | $2.5M | $2.0M |
| Net Income | -$5.1M | -$34.7M | $34.5M | $1.8M | -$8.8M | $2.8M | $6.9M | -$4.7M | -$3.2M | -$12.5M |
| EPS | $-0.20 | $-1.70 | $1.40 | $0.05 | $-0.22 | $0.06 | $0.10 | $-0.10 | $-0.06 | $-0.24 |
| EPS (Diluted) | $-0.20 | $-1.70 | $1.40 | $0.05 | $-0.22 | $0.06 | $0.10 | $-0.10 | $-0.06 | $-0.24 |
| Shares Outstanding (Diluted) | $20.4M | $20.2M | $24.7M | $38.1M | $40.6M | $49.8M | $69.8M | $64.9M | $56.5M | $51.8M |
Price
| Price | $1.94 |
| Market Cap | $996M |
| Exchange | NYSE |
| Country | US |
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Explore sector: Energy · Solar
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