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SolarBank (NEOE:SUNN) Price-to-Free-Cash-Flow : 13.14 (As of May. 11, 2024)


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What is SolarBank Price-to-Free-Cash-Flow?

As of today (2024-05-11), SolarBank's share price is C$8.04. SolarBank's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.61. Hence, SolarBank's Price-to-Free-Cash-Flow Ratio for today is 13.14.

The historical rank and industry rank for SolarBank's Price-to-Free-Cash-Flow or its related term are showing as below:

NEOE:SUNN' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 10.05   Med: 92.31   Max: 422.86
Current: 13.14

During the past 2 years, SolarBank's highest Price-to-Free-Cash-Flow Ratio was 422.86. The lowest was 10.05. And the median was 92.31.

NEOE:SUNN's Price-to-Free-Cash-Flow is ranked worse than
65.4% of 211 companies
in the Utilities - Independent Power Producers industry
Industry Median: 9.25 vs NEOE:SUNN: 13.14

SolarBank's Free Cash Flow per Share for the three months ended in Dec. 2023 was C$0.65. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was C$0.61.


SolarBank Price-to-Free-Cash-Flow Historical Data

The historical data trend for SolarBank's Price-to-Free-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SolarBank Price-to-Free-Cash-Flow Chart

SolarBank Annual Data
Trend Jun22 Jun23
Price-to-Free-Cash-Flow
- 3,010.00

SolarBank Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Free-Cash-Flow Get a 7-Day Free Trial Premium Member Only - 130.48 3,010.00 - 10.29

Competitive Comparison of SolarBank's Price-to-Free-Cash-Flow

For the Utilities - Renewable subindustry, SolarBank's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SolarBank's Price-to-Free-Cash-Flow Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SolarBank's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where SolarBank's Price-to-Free-Cash-Flow falls into.



SolarBank Price-to-Free-Cash-Flow Calculation

SolarBank's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=8.04/0.612
=13.14

SolarBank's Share Price of today is C$8.04.
SolarBank's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.61.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

SolarBank  (NEOE:SUNN) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


SolarBank Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of SolarBank's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


SolarBank (NEOE:SUNN) Business Description

Traded in Other Exchanges
Address
505 Consumers Road, Suite 803, Toronto, ON, CAN, M2J 4Z2
SolarBank Corp is an independent renewable and clean energy project developer and asset operator based in Canada and the United States. It is engaged in the development and operation of solar photovoltaic power generation projects in the province of Ontario and the state of New York. The company operates in two principal geographical areas - Canada and United States with a substantial portion of its overall revenue being generated from United States.

SolarBank (NEOE:SUNN) Headlines

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