WallStSmart

American States Water Company (AWR)vsSolarBank Corporation Common Stock (SUUN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

American States Water Company generates 1375% more annual revenue ($658.07M vs $44.60M). AWR leads profitability with a 19.8% profit margin vs -21.9%. AWR appears more attractively valued with a PEG of 2.86. AWR earns a higher WallStSmart Score of 56/100 (C).

AWR

Buy

56

out of 100

Grade: C

Growth: 5.3Profit: 7.5Value: 4.0Quality: 4.5
Piotroski: 2/9Altman Z: 1.17

SUUN

Avoid

28

out of 100

Grade: F

Growth: 4.7Profit: 2.0Value: 5.7Quality: 3.0
Piotroski: 2/9Altman Z: -0.10
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AWRFair Value (-3.5%)

Margin of Safety

-3.5%

Fair Value

$68.55

Current Price

$75.29

$6.74 premium

UndervaluedFair: $68.55Overvalued
SUUNUndervalued (+49.2%)

Margin of Safety

+49.2%

Fair Value

$2.60

Current Price

$0.58

$2.02 discount

UndervaluedFair: $2.60Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AWR2 strengths · Avg: 8.0/10
Price/BookValuation
2.8x8/10

Reasonable price relative to book value

Operating MarginProfitability
28.8%8/10

Strong operational efficiency at 28.8%

SUUN1 strengths · Avg: 10.0/10
Price/BookValuation
1.3x10/10

Reasonable price relative to book value

Areas to Watch

AWR4 concerns · Avg: 2.3/10
Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
2.862/10

Expensive relative to growth rate

EPS GrowthGrowth
-1.2%2/10

Earnings declined 1.2%

Free Cash FlowQuality
$-35.98M2/10

Negative free cash flow — burning cash

SUUN4 concerns · Avg: 2.5/10
Market CapQuality
$29.80M3/10

Smaller company, higher risk/reward

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

PEG RatioValuation
5.972/10

Expensive relative to growth rate

Return on EquityProfitability
-22.0%2/10

ROE of -22.0% — below average capital efficiency

Comparative Analysis Report

WallStSmart Research

Bull Case : AWR

The strongest argument for AWR centers on Price/Book, Operating Margin. Profitability is solid with margins at 19.8% and operating margin at 28.8%. Revenue growth of 14.8% demonstrates continued momentum.

Bull Case : SUUN

The strongest argument for SUUN centers on Price/Book.

Bear Case : AWR

The primary concerns for AWR are Piotroski F-Score, PEG Ratio, EPS Growth.

Bear Case : SUUN

The primary concerns for SUUN are Market Cap, Piotroski F-Score, PEG Ratio. Debt-to-equity of 3.24 is elevated, increasing financial risk.

Key Dynamics to Monitor

AWR profiles as a mature stock while SUUN is a turnaround play — different risk/reward profiles.

AWR carries more volatility with a beta of 0.65 — expect wider price swings.

AWR is growing revenue faster at 14.8% — sustainability is the question.

SUUN generates stronger free cash flow (3M), providing more financial flexibility.

Bottom Line

AWR scores higher overall (56/100 vs 28/100), backed by strong 19.8% margins and 14.8% revenue growth. SUUN offers better value entry with a 49.2% margin of safety. Both earn "Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

American States Water Company

UTILITIES · UTILITIES - REGULATED WATER · USA

American States Water Company provides water and electricity services to residential, commercial, industrial and other customers in the United States. The company is headquartered in San Dimas, California.

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SolarBank Corporation Common Stock

UTILITIES · UTILITIES - RENEWABLE · USA

PowerBank Corporation is an independent renewable and clean energy project developer, power producer, and asset operator in Canada and the United States. The company is headquartered in Toronto, Canada.

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