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P2 Solar Inc. (PTOS)
OTHER OTC:PTOS
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P2 Solar
(OTC:PTOS)
Rating:28Underperform
Price Target:―
P2 Solar (PTOS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.09M
Dividend YieldN/A
Average Volume (3M)22.96K
Price to Earnings (P/E)―
Beta (1Y)-2.81
Revenue Growth-74.90%
EPS Growth3.45%
CountryUS
EmployeesN/A
SectorTechnology
Sector Strength87
IndustrySolar
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding128,571,520
10 Day Avg. Volume44,566
30 Day Avg. Volume22,965
Financial Highlights & Ratios
PEG Ratio0.55
Price to Book (P/B)-1.46
Price to Sales (P/S)56.04
P/FCF Ratio-21.51
Enterprise Value/Market Cap1.55
Enterprise Value/Revenue43.87
Enterprise Value/Gross Profit64.50
Enterprise Value/Ebitda-12.08
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
P2 Solar Business Overview & Revenue Model
Company DescriptionP2 Solar (PTOS) is a company operating in the renewable energy sector, focusing on the development and management of solar energy projects. The company is involved in the planning, design, and implementation of solar power installations, aiming to provide clean and sustainable energy solutions to reduce carbon footprints for both residential and commercial clients.
How the Company Makes MoneyP2 Solar makes money primarily through the sale of electricity generated from its solar power projects. The company enters into power purchase agreements (PPAs) with utilities and commercial entities, which obligate these entities to purchase electricity at agreed-upon rates over long-term contracts. Additionally, P2 Solar may generate revenue through government incentives, tax credits, and renewable energy certificates (RECs) associated with the production of solar energy. The company may also engage in partnerships or joint ventures to develop new projects, thereby expanding its revenue base through shared investments and expertise.
P2 Solar Financial Statement Overview
Summary
P2 Solar's financial performance is severely hampered by negative profitability, high leverage, and liquidity issues. The income statement shows negative EBIT and EBITDA, the balance sheet reveals insolvency, and cash flows are declining, leading to a very low score.Income Statement
The income statement reflects significant challenges for P2 Solar, with negative profitability metrics. The TTM (Trailing-Twelve-Months) data shows gross profit margin at 37.07%, but negative EBIT and EBITDA margins indicate operational inefficiencies. Revenue growth is not applicable due to previous periods of zero revenue, underscoring a lack of consistent sales growth.10
Very Negative
Balance Sheet
The company's balance sheet is highly leveraged, with a negative stockholders' equity indicating insolvency. The debt-to-equity ratio cannot be calculated due to negative equity, and the equity ratio is also negative, reflecting financial instability. These indicators highlight significant financial risk.5
Very Negative
Cash Flow
Cash flow analysis shows a negative free cash flow, with recent TTM data indicating a decline. The operating cash flow to net income ratio is not favorable due to both negative cash flows and net income, highlighting cash management challenges. Free cash flow growth is also negative, indicating potential liquidity issues.15
Very Negative
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 26.38K | 166.29K | 0.00 | 0.00 | 0.00 |
| Gross Profit | 22.00K | 66.97K | 0.00 | 0.00 | 0.00 |
| EBITDA | -3.77K | -115.51K | -56.80K | 0.00 | -90.59K |
| Net Income | -34.49K | -148.43K | -177.53K | -119.84K | -104.76K |
Balance Sheet | |||||
| Total Assets | 102.72K | 114.61K | 20.07K | 22.95K | 10.85K |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 213.00 | 7.64K | 8.21K | 0.00 |
| Total Debt | 148.81K | 1.30M | 544.81K | 529.34K | 291.13K |
| Total Liabilities | 1.12M | 1.95M | 1.71M | 1.66M | 1.19M |
| Stockholders Equity | -1.01M | -1.83M | -1.69M | -1.64M | -1.18M |
Cash Flow | |||||
| Free Cash Flow | -68.75K | -27.67K | -54.89K | -24.14K | -55.58K |
| Operating Cash Flow | -68.75K | -27.67K | -54.89K | -24.14K | -55.58K |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 44.85K | 19.73K | 22.63K | 45.32K | 137.45K |
P2 Solar Peers Comparison
Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $22.62B | 17.65 | 15.92% | ― | 15.39% | 4.28% | |
73 Outperform | $4.74B | 28.11 | 19.79% | ― | 4.39% | 37.70% | |
61 Neutral | $35.38B | 6.84 | -10.99% | 1.97% | 8.74% | -8.28% | |
57 Neutral | $3.57B | ― | -61.90% | ― | 3.27% | -81.63% | |
51 Neutral | $1.90B | ― | -131.02% | ― | -36.07% | -233.14% | |
42 Neutral | $839.83M | 20.05 | -0.25% | ― | -19.06% | -104.91% | |
28 Underperform | $1.09M | ― | 7.80% | ― | -74.90% | 3.45% |
* Technology Sector Average
Performance Comparison
PTOS
P2 Solar
0.01
0.00
0.00%
CSIQ
Canadian Solar
10.38
-1.90
-15.47%
ENPH
Enphase Energy
34.58
-80.91
-70.06%
FSLR
First Solar
192.00
-26.26
-12.03%
SEDG
SolarEdge Technologies
30.21
5.16
20.60%
RUN
Sunrun
14.74
-5.22
-26.15%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.