Spruce Power Holding Corp
NYSE:SPRU

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Spruce Power Holding Corp
NYSE:SPRU
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Price: 4.03 USD -1.95% Market Closed
Market Cap: $73.2m

Gross Margin

61.7%
Current
Improving
by 5.4%
vs 3-y average of 56.2%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
61.7%
=
Gross Profit
$66.6m
/
Revenue
$108m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
61.7%
=
Gross Profit
$66.6m
/
Revenue
$108m

Peer Comparison

Country Company Market Cap Gross
Margin
US
Spruce Power Holding Corp
NYSE:SPRU
73.2m USD
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JP
Pacific Industrial Co Ltd
TSE:7250
57.2T JPY
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JP
Sumitomo Electric Industries Ltd
TSE:5802
7.8T JPY
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JP
Denso Corp
TSE:6902
5.2T JPY
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KR
Hyundai Mobis Co Ltd
KRX:012330
38.1T KRW
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CN
Fuyao Glass Industry Group Co Ltd
SSE:600660
154.4B CNY
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DE
Continental AG
XETRA:CON
13.5B EUR
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CA
Magna International Inc
TSX:MG
21.8B CAD
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CN
Ningbo Tuopu Group Co Ltd
SSE:601689
106.3B CNY
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IN
Samvardhana Motherson International Ltd
NSE:MOTHERSON
1.3T INR
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US
Modine Manufacturing Co
NYSE:MOD
12.9B USD
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Market Distribution

Higher than 71% of companies in the United States of America
Percentile
71st
Based on 12 729 companies
71st percentile
61.7%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Spruce Power Holding Corp
Glance View

Market Cap
73.2m USD
Industry
Auto Components

Spruce Power Holding Corp. engages in the ownership and operation of distributed solar energy assets. The company is headquartered in Wixom, Michigan and currently employs 177 full-time employees. The company went IPO on 2019-07-16. The firm is an owner and operator of residential distributed energy resources in North America and an independent service provider to the residential solar market. Its battery solutions include Enphase IQ and Tesla Powerwall. Its battery backup bundles include Essential Comforts Bundle, Creature Comforts Bundle, Premiere Energy Bundle and Custom Bundle. The company offers system expansion options to help meet various energy demands. The company owns over 50,000 systems and manages and maintains over 80,000. The firm monitors, maintains, and services assets to optimize its customers performance, accessing its network of partners for on-site work. The firm has more than 52,000 subscribers across the United States.

SPRU Intrinsic Value
15.57 USD
Undervaluation 74%
Intrinsic Value
Price $4.03
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
61.7%
=
Gross Profit
$66.6m
/
Revenue
$108m
What is Spruce Power Holding Corp's current Gross Margin?

The current Gross Margin for Spruce Power Holding Corp is 61.7%, which is above its 3-year median of 56.2%.

How has Gross Margin changed over time?

Over the last 3 years, Spruce Power Holding Corp’s Gross Margin has increased from 7.6% to 61.7%. During this period, it reached a low of 7.6% on Sep 30, 2022 and a high of 65.5% on Mar 31, 2023.

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