PNM Resources Inc. (PNM)’s Financial Results Comparing With Sky Solar Holdings Ltd. (NASDAQ:SKYS)

This is therefore a comparing of the risk, analyst recommendations, profitability, dividends, earnings and valuation, institutional ownership in PNM Resources Inc. (NYSE:PNM) and Sky Solar Holdings Ltd. (NASDAQ:SKYS). The two are both Diversified Utilities companies that compete with one another.

Earnings and Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
PNM Resources Inc. 50 3.63 78.81M 1.15 43.04
Sky Solar Holdings Ltd. 2 0.00 10.60M -0.44 0.00

In table 1 we can see PNM Resources Inc. and Sky Solar Holdings Ltd.’s gross revenue, earnings per share (EPS) and valuation.

Profitability

Table 2 shows PNM Resources Inc. and Sky Solar Holdings Ltd.’s net margins, return on assets and return on equity.

Net Margins Return on Equity Return on Assets
PNM Resources Inc. 158,475,769.15% 5.2% 1.3%
Sky Solar Holdings Ltd. 678,747,518.73% -20.8% -3.7%

Volatility and Risk

A 0.23 beta indicates that PNM Resources Inc. is 77.00% less volatile compared to Standard and Poor’s 500. In other hand, Sky Solar Holdings Ltd. has beta of 1.37 which is 37.00% more volatile than Standard and Poor’s 500.

Liquidity

0.7 and 0.6 are the respective Current Ratio and a Quick Ratio of PNM Resources Inc. Its rival Sky Solar Holdings Ltd.’s Current and Quick Ratios are 0.8 and 0.8 respectively. Sky Solar Holdings Ltd. has a better chance of clearing its pay short and long-term debts than PNM Resources Inc.

Analyst Ratings

The table delivered features the ratings and recommendations for PNM Resources Inc. and Sky Solar Holdings Ltd.

Sell Ratings Hold Ratings Buy Ratings Rating Score
PNM Resources Inc. 0 3 0 2.00
Sky Solar Holdings Ltd. 0 0 0 0.00

$51.63 is PNM Resources Inc.’s average target price while its potential upside is 4.94%.

Institutional & Insider Ownership

Institutional investors held 91.2% of PNM Resources Inc. shares and 24.9% of Sky Solar Holdings Ltd. shares. Insiders held 1.1% of PNM Resources Inc. shares.

Performance

Here are the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
PNM Resources Inc. -1% -2.4% 8.31% 17.81% 30.37% 20.88%
Sky Solar Holdings Ltd. 3.75% 3.79% -18.52% -2.64% -44.99% 3.77%

For the past year PNM Resources Inc. has stronger performance than Sky Solar Holdings Ltd.

Summary

PNM Resources Inc. beats Sky Solar Holdings Ltd. on 9 of the 12 factors.

PNM Resources, Inc., through its subsidiaries, engages in the energy and energy-related businesses in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment is primarily involved in the generation, transmission, and distribution of electricity. It generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2016, this segment had owned or leased facilities with a total net generation capacity of 2,481 megawatts; and owned 3,200 circuit miles of electric transmission lines, 6,060 miles of distribution overhead lines, 5,789 cable miles of underground distribution lines, and 269 substations. The TNMP segment provides regulated transmission and distribution services. As of December 31, 2016, this segment owned 978 circuit miles of overhead electric transmission lines, 7,111 pole miles of overhead distribution lines, 1,209 circuit miles of underground distribution lines, and 115 substations. The company serves approximately 767,000 residential, commercial, and industrial customers, as well as end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1917 and is headquartered in Albuquerque, New Mexico.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.