Spruce Power Holding Corporation (SPRU) is a publicly traded company in the Energy — Solar industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company offers electricity for homeowners through subscription-based payments and solar renewable energy credits (SRECs) for contracted prices, which are generated by home solar energy systems.
Analysis Summary
Spruce Power Holding Corporation reported revenue of $111.8M in the most recent fiscal year, growing at a 5-year CAGR of 40.6%.
Trailing-twelve-month margins: gross margin 65.2%, operating margin 15.9%, net margin -23.3%.
At the current price of $1.63, SPRU has negative trailing earnings (P/E not meaningful) and an ROE of -21.90%. Market capitalisation stands at $30M.
Balance sheet quality for SPRU: current ratio of 0.5, net debt of $627.1M. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Price
| Price | $1.63 |
| Market Cap | $30M |
| Exchange | NYSE |
| Country | US |
Valuation Ratios
| Price / Book | 0.69 |
| EV / EBITDA | 12.96 |
| Dividend Yield | 0.00% |
Profitability
| Return on Equity | -21.90% |
| Return on Invested Capital | 2.19% |
| Return on Assets | -3.11% |
| Gross Margin | 65.21% |
| Operating Margin | 15.92% |
| Net Margin | -23.28% |
Financial Health
| Debt / Equity | 5.74 |
| Current Ratio | 0.49 |
| Piotroski F-Score | 6 |
| Altman Z-Score | -0.49 |
What to look at in Energy companies
- FCF yield (>8%) — Cash generated / market cap. In energy FCF beats EPS.
- ROIC 5y avg (>=10%) — Include good and bad years to filter the truly disciplined.
- Positive FCF in 8 of last 10y (>=8/10) — Disciplined names (XOM, CVX, EOG) survive 2014-16 and 2020 crashes.
- Dividend coverage (FCF / div) (>=1.2x) — Dividend covered by FCF, not borrowed. <1x = likely cut.
- Net Debt / EBITDA (<2x at peak) — Look at it with trough EBITDA, not the peak.
- Capex / Revenue (10-20% healthy) — Energy needs aggressive reinvestment to maintain reserves.
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| SPRU | Spruce Power Holding Corporation | $30M | 0.69 | -21.9% | |
| 0R06.L | First Solar, Inc. | $20.7B | |||
| FSLR | First Solar, Inc. | $20.5B | 11.86 | 2.01 | 18.0% |
| NXT | Nextpower Inc. | $11.8B | 19.98 | 4.69 | 26.3% |
| 0QYE.L | Enphase Energy, Inc. | $4.7B | 34.53 | 3.92 | 12.3% |
| ENPH | Enphase Energy, Inc. | $4.7B | 35.16 | 4.00 | 15.8% |
| 0L7S.L | SolarEdge Technologies, Inc. | $2.2B | 4.06 | -94.8% | |
| SEDG | SolarEdge Technologies, Inc. | $2.1B | -62.5% |
Price Performance
| 1 month | -13.76% |
| 3 months | -43.79% |
| Year-to-date | -67.98% |
| 1 year | -7.39% |
| 3 years | -72.04% |
| 5 years | -96.88% |
52-Week Range
| 52-week High | $6.75 |
| 52-week Low | $1.47 |
| Avg Volume (90d) | 57K |
Related companies: BEEM · DWSN · KLXE · MAXN · PED · RCON · SMXT
Explore sector: Energy · Solar
More sections of SPRU: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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