Generac stock analysis. Ticker: GNRC I've started something new: https://www.3minutebreakdowns.com Michael Burry bought this energy company and he might be regretting it. Generac Holdings provides back up power generators and solar power storage that help people retain power during extreme weathe...

Generac stock analysis. Ticker: GNRC I've started something new: https://www.3minutebreakdowns.com Michael Burry bought this energy company and he might be regretting it. Generac Holdings provides back up power generators and solar power storage that help people retain power during extreme weather events and blackouts. Revenues soared during the pandemic as people stayed at home with a number of power outages occurring particularly in Texas and California. However, revenue growth has slowed from 50% in 2021 to negative 10% over the last 12 months and the stock has crashed 80%. Despite that, Generac is consistently profitable and reasonably valued. With an enterprise value of 7.2 billion dollars, the stock is trading at around 12 times ebitda. And net income at 189 million will benefit from the removal of a one-time expense of roughly $100 million. Furthermore, the effects of climate change and a fragile power grid should keep demand for backup power generators and storage in a strong upward trend. Not only is climate change creating more extreme weather events, the switch to renewable energy sources will put more pressure on local power grids. According to Fortune magazine, two thirds of the country are at risk of power outages and there’s been a clear increase over the last 20 years. #michaelburry #investing #stockmarket #generac