skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. VNP: Happy New year Gang What is your take on VNP Thanks MIke B [5N Plus Inc.]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Happy New year Gang
What is your take on VNP

Thanks MIke B
Asked by Mike on January 08, 2025
5i Research Answer:

VNP (finally) made a big move last year, up more than 100%. Long term, we would note it is still 40% lower than its price in 2008. Still, 2024 will show very good EPS growth, with another 30% expected in 2025. The balance sheet is still heavily leveraged, and debt actually rose (net) in 2024. 12-month cash flow was less than $10M. But, Q3 results showed a very big beat on earnings. There has been no news for some time, other than some broker upgrades in November. We are mixed here. We don't like the leverage and the sector may still be weak under Trump policies (solar). But we will give it kudos for improved earnings growth. 

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind