Avista Corporation (AVA) and Sky Solar Holdings Ltd. (NASDAQ:SKYS) Contrasting side by side – The Yomi Blog

We are contrasting Avista Corporation (NYSE:AVA) and Sky Solar Holdings Ltd. (NASDAQ:SKYS) on their analyst recommendations, profitability, institutional ownership, risk, dividends, earnings and valuation. They both are Diversified Utilities companies, competing one another.

Valuation and Earnings

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Avista Corporation 1.42B 1.89 118.16M 1.95 22.31
Sky Solar Holdings Ltd. 59.31M 0.53 30.11M -0.60 0.00

Table 1 showcases the gross revenue, earnings per share (EPS) and valuation of Avista Corporation and Sky Solar Holdings Ltd.

Profitability

Table 2 represents Avista Corporation (NYSE:AVA) and Sky Solar Holdings Ltd. (NASDAQ:SKYS)’s return on equity, return on assets and net margins.

Net Margins Return on Equity Return on Assets
Avista Corporation 8.32% 6.8% 2.1%
Sky Solar Holdings Ltd. -50.77% -25.7% -6%

Volatility & Risk

Avista Corporation has a beta of 0.22 and its 78.00% less volatile than Standard and Poor’s 500. Sky Solar Holdings Ltd. has a 1.09 beta and it is 9.00% more volatile than Standard and Poor’s 500.

Liquidity

Avista Corporation’s Current Ratio is 0.7 while its Quick Ratio is 0.5. On the competitive side is, Sky Solar Holdings Ltd. which has a 0.8 Current Ratio and a 0.8 Quick Ratio. Sky Solar Holdings Ltd. is better positioned to pay off short and long-term obligations compared to Avista Corporation.

Dividends

Avista Corporation pays out a $1.48 per share dividend on a yearly basis and it also offers 3.59% dividend yield. No dividend is paid out by Sky Solar Holdings Ltd.

Institutional & Insider Ownership

Institutional investors held 82.7% of Avista Corporation shares and 25.6% of Sky Solar Holdings Ltd. shares. Insiders held roughly 0.5% of Avista Corporation’s shares. Insiders Competitively, held 24.46% of Sky Solar Holdings Ltd. 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)
Avista Corporation -16.32% -16.74% -15.69% -17.2% -15.56% -15.46%
Sky Solar Holdings Ltd. 6.62% 8.16% -12% -43.61% -55.41% -56%

For the past year Avista Corporation has stronger performance than Sky Solar Holdings Ltd.

Summary

On 11 of the 12 factors Avista Corporation beats Sky Solar Holdings Ltd.

Avista Corporation operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities, and Alaska Electric Light and Power Company. The Avista Utilities segment generates, transmits, and distributes electricity, as well as distributes natural gas in eastern Washington, northern Idaho, northeastern and southwestern Oregon, and Montana. This segment also engages in wholesale purchase and sales of electricity and natural gas. It owns hydroelectric, thermal, and wind generation facilities with a total capacity of 1,862 megawatts (MW). As of December 31, 2016, this segment supplied retail electric services to 377,000 customers and retail natural gas services to 340,000 customers. The Alaska Electric Light and Power Company segment owns and operates electric generation, transmission, and distribution facilities located in Juneau, Alaska. As of December 31, 2016, it operated five hydroelectric generation facilities with 102.7 MW of hydroelectric generation capacity; and had 107.5 MW of diesel generating capacity. This segment served approximately 17,000 customers, including city, state, and federal governmental entities located in Juneau, as well as a mine located in the Juneau area. The company also engages in the sheet metal fabrication of electronic enclosures, parts, and systems for the computer, construction, telecom, renewable energy, and medical industries; and investment of commercial and retail office space, as well as emerging technology venture capital funds. Avista Corporation was founded in 1889 and is headquartered in Spokane, Washington.





Source: https://yomiblog.com/2019/02/12/avista-corporation-ava-and-sky-solar-holdings-ltd-nasdaqskys-contrasting-side-by-side/

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