SolarBank [SUUN] vs Stem [STEM] Detailed Stock Comparison

SolarBank Corporation

NASDAQ

Stem Inc.

NYSE

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: SolarBank Corporation wins in 10 metrics, Stem Inc. wins in 8 metrics, with 0 ties. SolarBank Corporation appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric	SolarBank Corporation	Stem Inc.	Better
P/E Ratio (TTM)	57.69	1.49	Stem Inc.
Price-to-Book Ratio	1.50	N/A	N/A
Debt-to-Equity Ratio	288.47	-1.48	SolarBank Corporation
PEG Ratio	-0.07	-2.03	SolarBank Corporation
EV/EBITDA	-8.65	-41.94	SolarBank Corporation
Profit Margin (TTM)	-21.89%	88.16%	Stem Inc.
Operating Margin (TTM)	-291.30%	8.31%	Stem Inc.
EBITDA Margin (TTM)	N/A	8.31%	N/A
Return on Equity	-22.02%	-55.31%	SolarBank Corporation
Return on Assets (TTM)	-5.53%	-7.04%	SolarBank Corporation
Free Cash Flow (TTM)	$537,262	$259,000	SolarBank Corporation
1-Year Return	-36.17%	-19.67%	Stem Inc.
Price-to-Sales Ratio (TTM)	0.68	0.64	Stem Inc.
Enterprise Value	$64.91M	$420.62M	Stem Inc.
EV/Revenue Ratio	1.99	2.69	SolarBank Corporation
Gross Profit Margin (TTM)	-14.28%	48.87%	Stem Inc.
Revenue per Share (TTM)	$1	$19	Stem Inc.
Earnings per Share (Diluted)	$-0.18	$-9.18	SolarBank Corporation
Beta (Stock Volatility)	-0.24	1.41	SolarBank Corporation
Short % of Float	1.82%	12.73%	SolarBank Corporation

SolarBank Corporation vs Stem Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock	1D	1W	1M	3M	6M	YTD
SolarBank Corporation	-3.46%	-2.17%	47.54%	32.35%	-42.68%	-53.61%
Stem Inc.	6.16%	-0.26%	-11.31%	-28.74%	-56.16%	-54.25%

Long-term Returns

Stock	1Y	3Y	5Y	10Y	15Y	20Y
SolarBank Corporation	-36.17%	-82.73%	-82.73%	-82.73%	-82.73%	-82.73%
Stem Inc.	-19.67%	-93.86%	-98.96%	-96.26%	-96.26%	-96.26%

Performance & Financial Health Analysis: SolarBank Corporation vs Stem Inc.

Metric	SUUN	STEM
Market Information
Market Cap i	$31.66M	$96.09M
Market Cap Category	Micro cap	Micro cap
10 Day Avg. Volume i	627,112	104,660
90 Day Avg. Volume i	550,204	118,210
Last Close	$0.90	$7.76
52 Week Range	$0.45 - $2.55	$5.93 - $32.23
% from 52W High	-64.75%	-75.92%
All-Time High	$7.50 (Apr 08, 2024)	$51.49 (Feb 15, 2021)
% from All-Time High	-88.00%	-84.93%
Growth Metrics
Quarterly Revenue Growth	-0.24%	-0.16%
Quarterly Earnings Growth	-0.73%	-0.16%
Financial Health
Profit Margin (TTM) i	-0.22%	0.88%
Operating Margin (TTM) i	-2.91%	0.08%
Return on Equity (TTM) i	-0.22%	-0.55%
Debt to Equity (MRQ) i	288.47	-1.48
Cash & Liquidity
Book Value per Share (MRQ)	$0.43	$-29.38
Cash per Share (MRQ)	$0.29	$5.74
Operating Cash Flow (TTM) i	$-8,168,001	$6.86M
Levered Free Cash Flow (TTM) i	$-8,972,821	$20.98M
Dividends
Last 12-Month Dividend Yield i	N/A	N/A
Last 12-Month Dividend i	N/A	N/A

Valuation & Enterprise Metrics Analysis: SolarBank Corporation vs Stem Inc.

Metric	SUUN (Apr 26, 2026)	STEM (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i	57.69	1.49
Forward P/E i	16.40	-2.03
PEG Ratio i	-0.07	-2.03
Price to Sales (TTM) i	0.68	0.64
Price to Book (MRQ) i	1.50	N/A
Market Capitalization
Market Capitalization i	$31.66M	$96.09M
Enterprise Value i	$64.91M	$420.62M
Enterprise Value Metrics
Enterprise to Revenue i	1.99	2.69
Enterprise to EBITDA i	-8.65	-41.94
Risk & Other Metrics
Beta i	-0.24	1.41
Book Value per Share (MRQ) i	$0.43	$-29.38

Financial Statements Comparison: SolarBank Corporation vs Stem Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

Metric	SUUN (2025)	STEM (2025)
Revenue/Sales i	N/A	156.27M
Cost of Goods Sold i	N/A	96.31M
COGS % of Revenue i	-	61.6%
Gross Profit i	N/A	59.96M
Gross Margin i	-	38.4%
Research & Development i	N/A	35.30M
Operating Income (EBIT) i	N/A	-55.69M
Operating Margin i	-	-35.6%
EBITDA i	N/A	-9.65M
EBITDA Margin i	-	-6.2%
Pre-Tax Income i	N/A	138.30M
Pre-Tax Income % of Revenue i	-	88.5%
Income Tax i	N/A	536,000
Income Tax % of Revenue i	-	0.3%
Net Income (Profit) i	N/A	137.76M
Profit Margin i	-	88.2%

Balance Sheet & Liquidity Metrics

Metric	SUUN (2025)	STEM (2025)
Cash & Equivalents i	N/A	48.92M
Total Current Assets i	41.28M	100.09M
Total Current Assets % of Revenue i	-	64.1%
Total Current Liabilities i	43.12M	110.57M
Total Current Liabilities % of Revenue i	-	70.8%
Long-Term Debt i	60.63M	322.25M
Long-Term Debt % of Revenue i	-	206.2%
Total Shareholders Equity i	N/A	-249.06M
Retained Earnings i	N/A	-1.49B
Retained Earnings % of Revenue i	-	-952.7%
Property, Plant & Equipment i	48.82M	145.68M

Cash Flow Statement Comparison

Metric	SUUN (2025)	STEM (2025)
Operating Cash Flow i	1.40M	220.55M
Operating Cash Flow % of Revenue i	-	141.1%
Capital Expenditures i	-30,680	0
Free Cash Flow i	537,262	259,000
FCF Margin i	-	0.2%
Debt Repayment i	-448,075	0
Common Stock Repurchase i	N/A	N/A

Short Interest & Institutional Ownership Analysis

Metric	SUUN	STEM
Shares Short i	821,459	1.04M
Short Ratio i	1.30	5.21
Short % of Float i	1.82%	12.73%
Shares Outstanding i	46.57M	8.49M
Float Shares i	45.12M	8.25M
% Held by Insiders i	3.19%	2.59%
% Held by Institutions i	1.25%	24.56%
% Held by Public i	95.56%	72.85%

Dividend Analysis & Yield Comparison: SolarBank Corporation vs Stem Inc.

Metric	SUUN	STEM
Last 12-Month Dividend i	N/A	N/A
Last 12-Month Dividend Yield i	N/A	N/A
3-Year Avg Annual Dividend i	N/A	N/A
3-Year Avg Dividend Yield i	N/A	N/A
3-Year Total Dividends i	N/A	N/A
Ex-Dividend Date	N/A	N/A

Metric	SUUN (Dec 31, 2025)	STEM (Dec 31, 2025)
Revenue/Sales i	3.10M	47.14M
Cost of Goods Sold i	3.55M	24.11M
COGS % of Revenue i	114.3%	51.1%
Gross Profit i	-443,000	23.04M
Gross Margin i	-14.3%	48.9%
Research & Development i	N/A	7.06M
Operating Income (EBIT) i	-9.04M	-8.35M
Operating Margin i	-291.3%	-17.7%
EBITDA i	-8.90M	3.35M
EBITDA Margin i	-286.7%	7.1%
Pre-Tax Income i	-8.60M	-15.84M
Pre-Tax Income % of Revenue i	-277.2%	-33.6%
Income Tax i	-892,000	144,000
Income Tax % of Revenue i	-28.7%	0.3%
Net Income (Profit) i	-7.71M	-15.98M
Profit Margin i	-248.5%	-33.9%

Metric	SUUN (Dec 31, 2025)	STEM (Dec 31, 2025)
Operating Cash Flow i	-1.76M	18.87M
Operating Cash Flow % of Revenue i	-56.7%	40.0%
Capital Expenditures i	-3.22M	0
Free Cash Flow i	-1.58M	7.29M
FCF Margin i	-50.8%	15.5%
Debt Repayment i	-1.37M	N/A
Common Stock Repurchase i	N/A	N/A

SolarBank [SUUN] vs Stem [STEM] Detailed Stock Comparison

SolarBank Corporation

Stem Inc.

TLDR: Quick Comparison Summary

Vital Metrics Comparison

Complete SolarBank Corporation Investment Analysis: Compare with Industry Leaders

Ever Wonder Which Stock is Really the Better Pick?

What You'll Actually Learn (in Plain English)

💰 Which Stock is Cheaper

🏥 Which Company is Healthier

📈 Which Has Been Growing Faster

💵 Which Pays You Better

SolarBank Corporation vs Stem Inc. Stock Performance Analysis

Performance Comparison

Short-term Returns

Long-term Returns

Performance & Financial Health Analysis: SolarBank Corporation vs Stem Inc.

Valuation & Enterprise Metrics Analysis: SolarBank Corporation vs Stem Inc.

Financial Statements Comparison: SolarBank Corporation vs Stem Inc.

Financial Metrics

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

SUUN (Annual)

SUUN (Quarterly)

STEM (Annual)

STEM (Quarterly)

Financial Statements Comparison

Income Statement

Balance Sheet & Liquidity Metrics

Cash Flow Statement Comparison

Income Statement

Balance Sheet & Liquidity Metrics

Cash Flow Statement Comparison

Short Interest & Institutional Ownership Analysis

Dividend Analysis & Yield Comparison: SolarBank Corporation vs Stem Inc.

Metric	SUUN (Dec 31, 2025)	STEM (Dec 31, 2025)
Cash & Equivalents i	3.63M	48.92M
Total Current Assets i	35.46M	100.09M
Total Current Assets % of Revenue i	1,142.8%	212.3%
Total Current Liabilities i	36.43M	110.57M
Total Current Liabilities % of Revenue i	1,174.0%	234.5%
Long-Term Debt i	62.52M	322.25M
Long-Term Debt % of Revenue i	2,014.9%	683.6%
Total Shareholders Equity i	24.46M	-249.06M
Retained Earnings i	-26.76M	-1.49B
Retained Earnings % of Revenue i	-862.3%	-3,157.9%
Property, Plant & Equipment i	58.69M	145.68M

SolarBank [SUUN] vs Stem [STEM] Detailed Stock Comparison

SolarBank Corporation

Stem Inc.

TLDR: Quick Comparison Summary

Vital Metrics Comparison

Complete SolarBank Corporation Investment Analysis: Compare with Industry Leaders

Ever Wonder Which Stock is Really the Better Pick?

What You'll Actually Learn (in Plain English)

💰 Which Stock is Cheaper

🏥 Which Company is Healthier

📈 Which Has Been Growing Faster

💵 Which Pays You Better

SolarBank Corporation vs Stem Inc. Stock Performance Analysis

Performance Comparison

Short-term Returns

Long-term Returns

Performance & Financial Health Analysis: SolarBank Corporation vs Stem Inc.

Valuation & Enterprise Metrics Analysis: SolarBank Corporation vs Stem Inc.

Financial Statements Comparison: SolarBank Corporation vs Stem Inc.

Financial Metrics Quarterly Annual

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

SUUN (Annual)

SUUN (Quarterly)

STEM (Annual)

STEM (Quarterly)

Financial Statements Comparison

Income Statement

Balance Sheet & Liquidity Metrics

Cash Flow Statement Comparison

Income Statement

Balance Sheet & Liquidity Metrics

Cash Flow Statement Comparison

Short Interest & Institutional Ownership Analysis

Dividend Analysis & Yield Comparison: SolarBank Corporation vs Stem Inc.

Financial Metrics