Nofar Energy (NOFR) AI Stock Analysis

• Market Cap: 3.74B
• Dividend Yield: N/A
• Average Volume (3M): 73.63K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.72
• Revenue Growth: -4.97%
• EPS Growth: -31.61%
• Country: IL
• Employees: 290
• Sector: Energy
• Sector Strength: 52
• Industry: Solar
• EPS (TTM): -133.70
• 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

• Rating: 44 Neutral
• Price Target: 9,981.00 ▼(-5.03% Downside)

Nofar Energy's overall stock score is primarily impacted by its financial performance, which shows strong revenue growth but significant profitability and liquidity challenges. Technical analysis indicates a lack of strong momentum, while valuation metrics are unattractive due to negative earnings.

Nofar Energy Business Overview & Revenue Model

Company Description

O.Y. Nofar Energy Ltd develops, designs, licenses, constructs, and operates photovoltaic systems on rooftops in Israel. It engages in the initiation, financing, construction, operation, and maintenance of solar power generation systems, wind power generation systems, and battery storage systems in the United States, Poland, Romania, Spain, Italy, England, Serbia and Czech Republic. The company was incorporated in 2011 and is based in Ashdod, Israel.

How the Company Makes Money

Nofar Energy generates revenue through the development, construction, and management of solar energy and storage projects. The company earns money by selling the electricity generated from its solar installations to utility companies, businesses, and residential customers. Additionally, Nofar Energy may enter into power purchase agreements (PPAs) with clients, ensuring a steady stream of income over the contract's duration. The company also benefits from government incentives and subsidies aimed at promoting renewable energy projects. Strategic partnerships with technology providers and financial institutions further enhance its project development capabilities and financial performance.

Nofar Energy Financial Statement Overview

Summary

Nofar Energy demonstrates strong revenue growth but faces significant challenges in profitability and cash flow management. The high leverage and negative returns on equity are potential risks, while the negative cash flows indicate liquidity concerns. The company needs to focus on improving profitability and managing its debt levels to enhance financial stability.

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: Neutral
• Last Price: 10510.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:NOFR, the sentiment is Neutral. The current price of 10510 is below the 20-day moving average (MA) of 10551.00, above the 50-day MA of 10445.14, and above the 200-day MA of 9375.21, indicating a neutral trend. The MACD of 54.46 indicates Positive momentum. The RSI at 44.61 is Neutral, neither overbought nor oversold. The STOCH value of 10.66 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	4.76B	―	―	―	―	―
DORL	55 Neutral	3.59B	-22.37	―	―	113.54%	-242.38%
ECNR	47 Neutral	2.19B	-93.95	―	―	-7.47%	-123.28%
AUGN	46 Neutral	95.08M	-5.81	―	―	12.31%	20.67%
NOFR	44 Neutral	3.74B	-41.67	―	―	-4.97%	-31.61%