$14.85
+0.79%Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems. Its primary customers are residential homeowners. The company markets and sells its products through direct-to-consumer approach across online, retail, mass media, digital media, canvassing, field marketing, and referral channels, as well as its partner network. Sunrun Inc. was founded in 2007 and is headquartered in San Francisco, California.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$791.4M | -$1.5B | -$2.8B | -$5.2B | -$9.8B | -$18.5B | -$34.7B | -$65.2B | -$122.4B | -$229.9B |
| Maintenance CapEx | -$667.4K | -$1.3M | -$2.4M | -$4.4M | -$8.3M | -$15.6M | -$29.3M | -$55.0M | -$103.2M | -$193.9M |
| Owner Earnings | -$792.1M | -$1.5B | -$2.8B | -$5.2B | -$9.9B | -$18.5B | -$34.7B | -$65.2B | -$122.5B | -$230.1B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | -$733.4M | -$1.3B | -$2.2B | -$3.9B | -$6.7B | -$11.7B | -$20.3B | -$35.2B | -$61.3B | -$106.6B |
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.