Nofar Energy (NOFR) AI Stock Analysis

• Market Cap: 3.33B
• Dividend Yield: N/A
• Average Volume (3M): 108.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.77
• Revenue Growth: -2.25%
• EPS Growth: 45.71%
• Country: IL
• Employees: 290
• Sector: Energy
• Sector Strength: 51
• Industry: Solar
• EPS (TTM): -49.60
• Shares Outstanding: 35,540,512
• 10 Day Avg. Volume: 163,844
• 30 Day Avg. Volume: 108,009
• PEG Ratio: <0.01
• Price to Book (P/B): 1.96
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.82
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 51 Neutral
• Price Target: 10,764.00 ▲(20.27%Upside)

The overall stock score reflects financial instability and poor valuation, tempered by moderate technical strength. The company's high debt and cash flow issues are significant concerns, while the technical indicators offer some positive momentum.

Nofar Energy Business Overview & Revenue Model

Company Description

Nofar Energy (NOFR) is a renewable energy company primarily focused on the development, construction, and operation of solar and energy storage projects. The company operates in several sectors, including solar photovoltaic (PV) energy, energy storage solutions, and electric vehicle (EV) charging infrastructure. Nofar Energy aims to provide sustainable energy solutions that reduce carbon emissions and promote the use of clean energy across various regions.

How the Company Makes Money

Nofar Energy makes money through the sale of electricity generated by its solar and energy storage projects. The company enters into power purchase agreements (PPAs) with utility companies and other large energy consumers, ensuring a steady revenue stream from the sale of renewable energy. Additionally, Nofar Energy generates revenue from the development and construction of solar and energy storage facilities, often partnering with other companies or governmental bodies to expand its reach and capabilities. The company may also benefit from government incentives and subsidies aimed at promoting clean energy adoption, which can enhance its profitability. Significant partnerships with technology providers and energy companies further contribute to Nofar Energy's capacity to innovate and maintain competitive pricing, thereby supporting its financial growth.

Nofar Energy Financial Statement Overview

Summary

Nofar Energy faces significant challenges in financial performance, with fluctuating revenues and persistent profitability issues. High debt levels and negative free cash flow further underscore financial instability, necessitating improvements in cost management and debt reduction.

Income Statement

Nofar Energy has experienced fluctuating revenues over the past years, with a notable decline from 2023 to 2024. The company struggles with profitability, as evidenced by negative net profit margins and EBIT margins in recent years. While EBITDA has been positive, the net income remains negative, indicating challenges in managing costs and achieving profit stability.

Balance Sheet

The balance sheet shows a high level of total debt, resulting in a substantial debt-to-equity ratio. Despite this, the company maintains a moderate equity ratio, suggesting some level of stability in its capital structure. However, the increasing debt levels pose potential risks to financial resilience.

Cash Flow

Nofar Energy faces challenges with cash flow management, highlighted by consistently negative free cash flow. Although operating cash flow has improved, the company continues to invest heavily, leading to negative free cash flow. The reliance on financing activities to support cash flow is evident, indicating potential sustainability issues.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	313.21M	320.78M	324.57M	360.76M	214.57M
Gross Profit	48.74M	2.30M	2.26M	33.73M	33.43M
EBITDA	133.55M	61.06M	216.61M	16.16M	-257.45M
Net Income	-26.91M	-88.66M	153.75M	4.38M	-252.22M
Balance Sheet
Total Assets	6.23B	5.67B	4.62B	2.17B	1.06B
Cash, Cash Equivalents and Short-Term Investments	410.13M	671.40M	736.63M	904.35M	483.63M
Total Debt	3.42B	2.53B	1.59B	588.34M	125.16M
Total Liabilities	3.82B	2.90B	2.09B	724.79M	234.04M
Stockholders Equity	1.63B	1.82B	1.62B	1.39B	824.89M
Cash Flow
Free Cash Flow	-860.62M	-374.38M	-321.99M	-125.70M	-156.96M
Operating Cash Flow	43.25M	-65.64M	-234.61M	-103.65M	-142.43M
Investing Cash Flow	-1.07B	-384.21M	-1.07B	-355.35M	-190.60M
Financing Cash Flow	713.26M	890.72M	602.48M	888.89M	810.48M

Nofar Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8950.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:NOFR, the sentiment is Positive. The current price of 8950 is below the 20-day moving average (MA) of 9581.90, below the 50-day MA of 9024.68, and above the 200-day MA of 8814.43, indicating a bullish trend. The MACD of 244.76 indicates Positive momentum. The RSI at 52.06 is Neutral, neither overbought nor oversold. The STOCH value of 26.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IL:NOFR.

Nofar Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENRG	69 Neutral	6.79B	22.56		11.09%	32.20%	76.75%
NOFR	51 Neutral	3.33B	―		―	-2.25%	45.71%
Sector *	44 Neutral	AU$1.36B	-6.68	-23.02%	6.85%	5.33%	-26.92%

Nofar Energy Corporate Events

Nofar Energy Expands Bond Series to Boost Financial Flexibility

Nofar Energy Ltd. has announced the issuance of new bonds, specifically expanding Series B and Series C, as detailed in a recent shelf offering report. This move involves the allocation of convertible bonds, which can be converted into ordinary shares until June 20, 2029, and are aimed at enhancing the company’s financial flexibility and market operations.

Nofar Energy Reports Bond Proposal Outcomes

Nofar Energy announced the results of its Series B and Series C bond proposals as of February 11, 2025. The Series B bonds, listed under number 1198027, totaled 92,443,000 with an interest rate of 1.065%. The Series C bonds, listed under number 1211408, totaled 286,370,000 with an interest rate of 1.053%. These results have been communicated to the Securities Authority and the Tel Aviv Stock Exchange, potentially impacting the company’s financial operations and market perception.