NEOV Stock Analysis: NeoVolta Common Stock | NASDAQ
Electrical Equipment & Parts | NASDAQ, USA | Market Cap: 209m USD | 12M Return: 20.5% | US6406551068 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.33M
Qual. Beats: 0
Rev. Trend: 82.8%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality
NeoVolta Inc. (NASDAQ: NEOV) is a U.S.-based designer, manufacturer, and seller of energy storage systems, with its products - including the NV14, NV14-K, NV24, and NV16KAC - combining batteries and inverters to store and dispatch energy at residential and commercial sites. The company distributes its systems through a B2B channel, selling directly to certified solar installers and solar equipment distributors rather than through retail or direct-to-consumer channels. Founded in 2018 and headquartered in Poway, California, NeoVolta operates within the broader solar and energy storage industry, a sector whose growth is tied to rising adoption of distributed renewable energy and residential battery backup solutions.
- IRA residential storage tax credit boosts installation demand
- Tesla Powerwall price cuts pressure NEOV margins and market share
- New NV24 commercial product expands addressable market beyond residential
| Net Income: -11.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.35 > 0.02 and ΔFCF/TA 26.40 > 1.0 |
| NWC/Revenue: 107.8% < 20% (prev 98.94%; Δ 8.90% < -1%) |
| CFO/TA -0.35 > 3% & CFO -9.08m > Net Income -11.5m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 8.10 > 1.5 & < 3 |
| Outstanding Shares: last quarter (40.2m) vs 12m ago 19.47% < -2% |
| Gross Margin: 20.01% > 18% (prev 22.29%; Δ -2.28% > 0.5%) |
| Asset Turnover: 115.2% > 50% (prev 74.50%; Δ 40.69% > 0%) |
| Interest Coverage Ratio: -12.28 > 6 (EBIT TTM -10.6m / Interest Expense TTM 863k) |
| A: 0.76 (Total Current Assets 22.2m - Total Current Liabilities 2.74m) / Total Assets 25.7m |
| B: -1.39 (Retained Earnings -35.6m / Total Assets 25.7m) |
| C: -0.68 (EBIT TTM -10.6m / Avg Total Assets 15.7m) |
| D: 6.37 (Book Value of Equity 22.2m / Total Liabilities 3.48m) |
| Altman-Z'' = 2.61 = A |
| DSRI: 0.75 (Receivables 7.54m/2.36m, Revenue 18.1m/4.26m) |
| GMI: 1.11 (GM 22.29% / 20.01%) |
| AQI: -3.74 (AQ_t 0.09 / AQ_t-1 -0.02) |
| SGI: 4.25 (Revenue 18.1m / 4.26m) |
| TATA: -0.09 (NI -11.5m - CFO -9.08m) / TA 25.7m) |
| Beneish M = -3.62 (Cap -4..+1) = AAA |
As of September 01, 2026, the stock is trading at USD 4.24 with a total of 10,075,538 shares traded. Over the past week, the price has changed by +35.90%, over one month by +100.95%, over three months by +114.14% and over the past year by +20.45%.
Current recommended Stop Loss: 3.80 (which is 10.4% or 1.5 ATR below the current price).
NeoVolta Common Stock has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy NEOV.
- StrongBuy: 0
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 9.8 | 130% |
P/S = 11.5639
P/B = 9.235
Revenue TTM = 18.1m USD
EBIT TTM = -10.6m USD
EBITDA TTM = -10.2m USD
Long Term Debt = 384k USD (from longTermDebt, last fiscal year)
Short Term Debt = 713k USD (from shortTermDebt, last quarter)
Debt = 1.56m USD (from shortLongTermDebtTotal, last quarter) + Leases 842k
Net Debt = -9.93m USD (calculated: Debt 1.56m - CCE 11.5m)
Enterprise Value = 199.0m USD (209.0m + Debt 1.56m - CCE 11.5m)
Interest Coverage Ratio = -12.28 (Ebit TTM -10.6m / Interest Expense TTM 863k)
EV/FCF = -21.92x (Enterprise Value 199.0m / FCF TTM -9.08m)
FCF Yield = -4.56% (FCF TTM -9.08m / Enterprise Value 199.0m)
FCF Margin = -50.25% (FCF TTM -9.08m / Revenue TTM 18.1m)
Net Margin = -63.42% (Net Income TTM -11.5m / Revenue TTM 18.1m)
Gross Margin = 20.01% ((Revenue TTM 18.1m - Cost of Revenue TTM 14.5m) / Revenue TTM)
Gross Margin QoQ = 39.50% (prev 14.30%)
Tobins Q-Ratio = 7.76 (Enterprise Value 199.0m / Total Assets 25.7m)
Interest Expense / Debt = 55.48% (Interest Expense 863k / Debt 1.56m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -8.37m (EBIT -10.6m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 8.10 (Total Current Assets 22.2m / Total Current Liabilities 2.74m)
Debt / Equity = 0.07 (Debt 1.56m / totalStockholderEquity, last quarter 22.2m)
Debt / EBITDA = 0.98 (negative EBITDA) (Net Debt -9.93m / EBITDA -10.2m)
Debt / FCF = 1.09 (negative FCF - burning cash) (Net Debt -9.93m / FCF TTM -9.08m)
Total Stockholder Equity = 8.06m (last 4 quarters mean from totalStockholderEquity)
RoA = -73.05% (Net Income -11.5m / Total Assets 25.7m)
RoE = -142.2% (Net Income TTM -11.5m / Total Stockholder Equity 8.06m)
RoCE = -125.6% (out of range, set to none) (EBIT -10.6m / Capital Employed (Equity 8.06m + L.T.Debt 384k))
RoIC = -36.83% (negative operating profit) (NOPAT -8.37m / Invested Capital 22.7m)
WACC = 13.74% (E(209.0m)/V(210.5m) * Re(13.84%) + (debt cost/tax rate unavailable))
Discount Rate = 13.84% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 71.12 | Cagr: 8.82%
[DCF] Fair Price = unknown (Cash Flow -9.08m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.74 | # QB: 0
Revenue Correlation: 82.78 | Revenue CAGR: 110.0% | SUE: -0.36 | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.09 | Chg30d=N/A | Revisions=+0% | Analysts=2
EPS current Year (2026-06-30): EPS=-0.35 | Chg30d=N/A | Revisions=+0% | GrowthEPS=-130.0% | GrowthRev=+73.0%
EPS next Year (2027-06-30): EPS=-0.16 | Chg30d=N/A | Revisions=+0% | GrowthEPS=+54.3% | GrowthRev=+601.8%
[Analyst] Revisions Ratio: +0% (up=0, down=0)