Nofar Energy (NOFR) AI Stock Analysis

• Market Cap: 3.91B
• Dividend Yield: N/A
• Average Volume (3M): 73.63K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.71
• Revenue Growth: 5.79%
• EPS Growth: -13.05%
• Country: IL
• Employees: 290
• Sector: Energy
• Sector Strength: 52
• Industry: Solar
• EPS (TTM): -12.20
• Shares Outstanding: 35,543,827
• 10 Day Avg. Volume: 62,474
• 30 Day Avg. Volume: 73,625
• PEG Ratio: 1.64
• Price to Book (P/B): 1.88
• Price to Sales (P/S): 9.78
• P/FCF Ratio: -3.56
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 39 Underperform
• Price Target: 8,728.00 ▼(-12.02% Downside)

Nofar Energy's overall stock score is primarily impacted by its financial performance and technical analysis. The company shows strong revenue growth but faces significant challenges in profitability and cash flow management. Technical indicators suggest bearish momentum, with the stock trading below major moving averages and showing oversold conditions. The negative P/E ratio and lack of dividend yield further contribute to a low valuation score. These factors combined result in a low overall stock score, indicating potential risks for investors.

Positive Factors

Revenue Growth

Strong revenue growth suggests successful market expansion and product adoption, which can enhance long-term competitiveness and financial stability.

Long-term PPAs

Long-term PPAs provide a stable and predictable revenue stream, reducing financial volatility and supporting sustainable growth in the renewable energy sector.

Strategic Partnerships

Partnerships enhance financial position and resource leverage, facilitating project expansion and operational efficiency in the renewable energy market.

Negative Factors

High Leverage

High leverage can increase financial risk and limit flexibility, potentially impacting the company's ability to invest in growth and weather economic downturns.

Profitability Challenges

Struggles with profitability indicate cost management issues, which can hinder reinvestment in growth and reduce competitive edge in the long term.

Cash Flow Management

Poor cash flow management can strain operations and limit the ability to fund new projects, affecting long-term growth and financial health.

Nofar Energy Business Overview & Revenue Model

Company Description

Nofar Energy (NOFR) is an innovative energy company focused on the development and management of renewable energy projects, particularly in the solar energy sector. The company operates primarily in the renewable energy field, providing solutions that include the design, construction, and operation of solar power plants. Nofar Energy aims to contribute to a sustainable future by harnessing clean energy sources and reducing reliance on fossil fuels.

How the Company Makes Money

Nofar Energy generates revenue primarily through the sale of electricity produced by its solar power plants. The company enters into long-term power purchase agreements (PPAs) with various utilities and corporations, ensuring a steady income stream from the electricity generated. Additionally, Nofar may earn revenue through government incentives and subsidies for renewable energy projects, which are designed to promote clean energy initiatives. Strategic partnerships with technology providers and investors also play a significant role in enhancing its financial position, allowing the company to expand its project portfolio and leverage shared resources for cost-effective operations.

Nofar Energy Financial Statement Overview

Summary

Nofar Energy shows strong revenue growth but struggles with profitability and cash flow management. High leverage and negative returns on equity are concerning, indicating financial risks and liquidity challenges.

Income Statement

Nofar Energy's income statement shows a mixed performance. The TTM data indicates a significant revenue growth rate of 83.9%, which is a positive sign. However, the company is struggling with profitability, as evidenced by negative net profit and EBIT margins. The gross profit margin is relatively low, indicating challenges in cost management. Overall, while revenue growth is strong, profitability remains a concern.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 2.24, suggesting significant leverage, which could pose financial risks. The return on equity is negative, indicating that the company is not generating profits from its equity base. The equity ratio is moderate, reflecting a balanced asset structure. While the company has a substantial asset base, the high leverage and negative ROE are concerning.

Cash Flow

Cash flow analysis shows negative operating and free cash flows, indicating liquidity challenges. The free cash flow to net income ratio is positive, suggesting some efficiency in converting net income to cash, but the overall cash flow situation is weak. The negative growth in free cash flow highlights ongoing cash management issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	309.27M	313.21M	320.78M	324.57M	360.76M	214.57M
Gross Profit	37.91M	48.74M	2.30M	2.26M	33.73M	33.43M
EBITDA	113.00M	133.55M	61.06M	216.61M	16.16M	-257.45M
Net Income	-87.47M	-26.91M	-88.66M	153.75M	4.38M	-252.22M
Balance Sheet
Total Assets	7.12B	6.23B	5.67B	4.62B	2.17B	1.06B
Cash, Cash Equivalents and Short-Term Investments	388.02M	410.13M	671.40M	736.63M	904.35M	483.63M
Total Debt	4.11B	3.42B	2.53B	1.59B	588.34M	125.16M
Total Liabilities	4.69B	3.82B	2.90B	2.09B	724.79M	234.04M
Stockholders Equity	1.63B	1.63B	1.82B	1.62B	1.39B	824.89M
Cash Flow
Free Cash Flow	-1.04B	-860.62M	-374.38M	-321.99M	-125.70M	-156.96M
Operating Cash Flow	-66.69M	43.25M	-65.64M	-234.61M	-103.65M	-142.43M
Investing Cash Flow	-841.64M	-1.07B	-384.21M	-1.07B	-355.35M	-190.60M
Financing Cash Flow	739.50M	713.26M	890.72M	602.48M	888.89M	810.48M

Nofar Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9920.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 9920 is above the 20-day moving average (MA) of 9633.20, below the 50-day MA of 10188.68, and above the 200-day MA of 9530.64, indicating a neutral trend. The MACD of -133.43 indicates Negative momentum. The RSI at 58.07 is Neutral, neither overbought nor oversold. The STOCH value of 86.46 is Negative, 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
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
MSKE	61 Neutral	4.81B	―	―	―	―	―
DORL	54 Neutral	4.42B	―	―	―	113.54%	-242.38%
AUGN	46 Neutral	110.24M	-6.70	―	―	12.31%	20.67%
ECNR	46 Neutral	2.51B	-116.59	―	―	-9.53%	-125.66%
NOFR	39 Underperform	3.91B	-44.41	―	―	5.79%	-13.05%