Nofar Energy (NOFR) AI Stock Analysis

• Market Cap: 3.78B
• Dividend Yield: N/A
• Average Volume (3M): 61.74K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.75
• Revenue Growth: -4.97%
• EPS Growth: -31.61%
• Country: IL
• Employees: 290
• Sector: Energy
• Sector Strength: 56
• Industry: Solar
• EPS (TTM): -133.70
• Shares Outstanding: 35,540,512
• 10 Day Avg. Volume: 75,888
• 30 Day Avg. Volume: 61,736
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: 10,224.00
• Price Target Upside: -3.27% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 47 Neutral
• Price Target: 10,224.00 ▼(-3.27% Downside)

Nofar Energy's overall stock score is primarily impacted by its financial performance, which is challenged by profitability and cash flow issues despite strong revenue growth. Technical analysis provides some support with positive momentum, but valuation concerns due to a negative P/E ratio and lack of dividend yield weigh heavily on the score.

Positive Factors

Revenue Growth

Strong revenue growth reflects expanding operations and increased demand for renewable energy solutions, supporting long-term business expansion.

Strategic Partnerships

Partnerships bolster technological and financial resources, improving project execution and competitive positioning in the renewable energy sector.

Industry Trends

Alignment with global renewable energy trends positions Nofar Energy to benefit from increasing demand for clean energy, supporting long-term growth.

Negative Factors

Profitability Challenges

Ongoing profitability issues may hinder reinvestment and growth, affecting the company's ability to sustain operations and compete effectively.

High Leverage

High leverage increases financial risk and limits flexibility, potentially impacting the company's ability to navigate economic fluctuations.

Cash Flow Issues

Negative cash flows suggest liquidity constraints, which could limit the company's ability to invest in growth opportunities and meet financial obligations.

Nofar Energy Business Overview & Revenue Model

Company Description

Nofar Energy (NOFR) is a renewable energy company specializing in the development, construction, and operation of clean energy projects. The company primarily focuses on photovoltaic (solar) and energy storage solutions, catering to both commercial and residential sectors. Nofar Energy aims to provide sustainable and efficient energy solutions, contributing to the global transition towards renewable energy sources.

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's financial performance is challenged by negative net income and EBIT, high leverage, and negative free cash flow growth. Despite a decent equity ratio, the company needs to improve profitability and cash management.

Income Statement

Nofar Energy's income statement shows mixed performance. The TTM data indicates a negative net income and EBIT, suggesting profitability challenges. Despite a positive EBITDA margin, declining revenue growth and negative net profit margin are concerning. The company needs to improve its revenue trajectory and cost management to enhance profitability.

Balance Sheet

The balance sheet reflects a high debt-to-equity ratio, indicating significant leverage, which is a risk factor. However, the company maintains a decent equity ratio, showing some level of financial stability. The return on equity remains negative due to the losses, which underscores the need for better asset utilization.

Cash Flow

Nofar Energy's cash flow analysis reveals operational cash flow challenges, with negative free cash flow growth. The operating cash flow to net income ratio is unfavorable, highlighting inefficiencies in converting revenue into cash. Improvements in cash management and operational efficiency are necessary.

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: 10570.00
• 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 10570 is below the 20-day moving average (MA) of 10634.55, above the 50-day MA of 10202.90, and above the 200-day MA of 9193.67, indicating a neutral trend. The MACD of 90.84 indicates Positive momentum. The RSI at 53.43 is Neutral, neither overbought nor oversold. The STOCH value of 78.37 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
Sector *	65 Neutral	$15.27B	7.60	4.09%	5.25%	4.03%	-61.87%
MSKE	60 Neutral	3.29B	71.44		―	―	―
NOFR	47 Neutral	3.78B	―		―	-4.97%	-31.61%
ECNR	47 Neutral	2.20B	61.68		―	-7.47%	-123.28%
AUGN	46 Neutral	105.95M	―		―	12.31%	20.67%
DRAL	―	2.07B	8.90		4.83%	―	―
DORL	45 Neutral	3.00B	―		―	113.54%	-242.38%

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.