ZE

Zeo Energy Corp.

ZEO·NASDAQ

$0.92

+1.2%
EnergySolar

Zeo Energy Corp. is a vertically integrated provider of residential solar energy systems, other energy efficient equipment, and related services. The company is headquartered in New Port Richey, FL.

At a Glance

Live Snapshot
Market Cap$51.02M
EPS-0.5600
P/E Ratio-1.94
Earnings Date05/26/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -1.9).

Valuation inputs: P/E -1.9, earnings yield N/A, momentum +1.2%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -2.6%, ROIC -41.6%).

Profitability stack: net margin -20.2%, ROE -2.6%, ROIC -41.6%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +46.8%, momentum +1.2%, net margin -20.2%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Zeo Energy Corp. Market vs Earnings Trajectory

ZEO · NASDAQ

Loading price and EPS data...

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Zeo Energy Corp. Fair Value Envelope

ZEO · NASDAQ

Our analysis suggests that ZEO has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $0.9239, this represents a potential HIDDEN relative to our calculated worth for Zeo Energy Corp..

Intrinsic Value
Current Price: $0.9239
3Y-233.0%
5Y-307.0%
10Y-307.0%
3Y-22.0%
5Y+182.0%
10Y+182.0%
3Y-262.0%
5Y-298.0%
10Y-298.0%
3Y-181.0%
5Y-226.0%
10Y-226.0%
3Y-203.0%
5Y-261.0%
10Y-261.0%
3Y+62.0%
5Y+76.0%
10Y+76.0%
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Zeo Energy Corp. Profit Bridge

ZEO · NASDAQ
Revenue69.35M
Cost of Goods Sold (31.07M)
Gross Profit38.28M
Operating Expenses (58.82M)
Operating Income-20.53M
Interest Expense (155.49K)
Other Income/Expense1.17M
Pretax Income-19.37M
Income Tax (263.65K)
Net Income-14.01M
Net Income
-14.01M

Profitability Analysis

Gross Margin

55.2%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-29.6%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-20.2%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

55.20%
Gross Profit Margin
15%
3Y+177.0%
5Y+29.0%
10Y+29.0%
-29.61%
Operating Profit Margin
100%
3Y-405.0%
5Y-203.0%
10Y-203.0%
-20.20%
Net Profit Margin
454%
3Y-307.0%
5Y-170.0%
10Y-170.0%
-262.81%
Return on Equity
-8855%
3Y-1049.0%
5Y-1242.0%
10Y-1242.0%
-24.61%
Return on Assets
466%
3Y-200.0%
5Y-212.0%
10Y-212.0%
-41.57%
Return on Invested Capital
111%
3Y-261.0%
5Y-286.0%
10Y-286.0%
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Zeo Energy Corp. Cash Conversion Engine

ZEO · NASDAQ
Net Income-19.63M
Depreciation & Amortization8.58M
Stock-Based Compensation6.40M
Change in Working Capital-6.81M
Others2.54M
Capital Expenditures-1.22M
Free Cash Flow-9.91M

Cash Flow Quality Analysis

FCF Conversion Rate

50.5%

Weak cash conversion. Significant portion of earnings not converting to cash—review working capital trends and capital intensity.

CapEx Intensity

-14.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-9.1%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

-$6.81M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extension—monitor closely.

Cash Flow Quality Insight

Working capital strain: Significant cash tied up in operations. Monitor receivables collection, inventory turns, and payment terms to optimize cash conversion cycle.

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Zeo Energy Corp. Funding & Solvency Profile

ZEO · NASDAQ
Cash & Cash Equivalents1.73M
Net Receivables14.84M
Inventory854.73K
Other Current Assets583.50K
Total Current Assets19 M
Property, Plant & Equipment3.00M
Goodwill & Intangible Assets27.09M
Long-Term Investments6.34M
Other Non-Current Assets1.53M
Total Non-Current Assets11 M
Total Assets
56.53M

Financial Health Analysis

Current Ratio

1.53x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

0.30x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

6 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

33% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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Zeo Energy Corp. Street Expectations Map

ZEO · NASDAQ

No Target Data

No analyst price targets available for zeo.

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Zeo Energy Corp. Insider Positioning

ZEO · NASDAQ

During the last 12 months, insiders have sold $431K worth of ZEO shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

117.1K

136.62K

Net Activity

-137K

-$137K

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

176.7K

294.06K

Net Activity

-294K

-$294K

Top Buyers

No buying activity

Top Sellers

1
BB

Bridgewater Brandon

Officer: Cso

205.5K shares10 transactions

$284K

2
LK

Larsen Kalen

Officer: Coo

88.4K shares4 transactions

$147K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $431K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

2 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

835.94%
Dividend Yield
3Y+792262.0%
5Y-
10Y-
 

zeo Dividend History

ZEO
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%