Using a Revenue DCF model with operating margin convergence from -40.1% to a target of 15.7% over 5 years, discounted at a WACC of 7.3%, Zeo Energy Corp. (ZEO) has an intrinsic value of $11,598.47 per share (range: $3,324.64 – $35,631.42).
Using a Revenue DCF model with operating margin convergence from -40.1% to a target of 15.7% over 5 years, discounted at a WACC of 7.3%, Zeo Energy Corp. (ZEO) has an intrinsic value of $7,390.81 per share (range: $1,703.45 – $23,691.37).
Using the industry peer median EV/Revenue multiple (trailing + forward), Zeo Energy Corp. (ZEO) has a fair value of $2,233.48 based on 9 comparable companies in the Solar industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| Zeo Energy Corp.ZEO | 0 | -0.1x | — |
| Smart Sand, Inc. | 211 | 0.7x | 0.9x |
| Drilling Tools International Corp. | 106 | 1.0x | 1.0x |
| Martin Midstream Partners L.P. | 102 | 0.9x | 0.9x |
| Empire Petroleum Corporation | 98 | 3.3x | — |
| Leishen Energy Holding Co., Ltd. | 84 | 1.6x | — |
| Stabilis Solutions, Inc. | 77 | 1.2x | 1.1x |
| FTC Solar, Inc. | 70 | 0.8x | 0.5x |
| Solarmax Technology Inc. Common Stock | 34 | 96.4x | — |
| Maxeon Solar Technologies, Ltd. | 6 | 0.6x | 0.3x |
| Industry Median | 1.0x | 0.9x | |
| (*) Revenue | 51 | ||
| = Enterprise Value | 51 | ||
| (-) Net Debt | -5 | ||
| Equity Value | 56 | ||
| (/) Outstanding shares | 0 | ||
| Fair Price | $2233 | ||
Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.