SMA Solar Technology AG
XETRA:S92

Watchlist Manager
SMA Solar Technology AG Logo
SMA Solar Technology AG
XETRA:S92
Watchlist
Price: 11.86 EUR 3.85% Market Closed
Market Cap: 411.5m EUR
Have any thoughts about
SMA Solar Technology AG?
Write Note

Intrinsic Value

The intrinsic value of one S92 stock under the Base Case scenario is 29.83 EUR. Compared to the current market price of 11.86 EUR, SMA Solar Technology AG is Undervalued by 60%.

The Intrinsic Value is calculated as the average of DCF and Relative values:

S92 Intrinsic Value
29.83 EUR
Undervaluation 60%
Intrinsic Value
Price
Base Case Scenario

Valuation Backtest
SMA Solar Technology AG

Backtest Intrinsic Value
Dive into the past to invest in the future

Uncover deeper insights with the Valuation Backtest. Learn how current stock valuations stack up against historical averages to gauge true investment potential.

Start backtest now and learn if your stock is truly undervalued or overvalued!

Run Backtest
Backtest Conclusion
Very Attractive
Current Valuation
+45%
Avg Valuation
-12%
Worst Valuation
-49%
Best Valuation
+45%

Stock is trading at its lowest valuation over the past 5 years.

Backtest Example
Register to View Results
Register to View Results

To access the results of this valuation backtest, please register an account with us. Registration is quick and gives you instant access to insights on 3 stocks per week for free.

Backtest Unavailable

The backtest for S92 cannot be conducted due to limitations such as insufficient data or other constraints. Please select a different stock or adjust your settings.

Backtest In Progress...
Backtest In Progress...
How do you feel about S92?
Bearish
Neutral
Bullish

Fundamental Analysis

Economic Moat
SMA Solar Technology AG

Company Quality
No Indicators Selected
Select Indicators

Select up to 3 indicators:

Insider Trading
0-3
Months
0-6
Months
0-12
Months
0-36
Months
No Periods Selected
Select Periods

Select up to 2 periods:

Investment Journal
AI Assistant
AI Assistant
Ask me anything about SMA Solar Technology AG

Provide an overview of the primary business activities
of SMA Solar Technology AG.

What unique competitive advantages
does SMA Solar Technology AG hold over its rivals?

What risks and challenges
does SMA Solar Technology AG face in the near future?

Has there been any significant insider trading activity
in SMA Solar Technology AG recently?

Summarize the latest earnings call
of SMA Solar Technology AG.

Is it considered overvalued or undervalued
based on the latest financial data?

Show all valuation multiples
for SMA Solar Technology AG.

Provide P/S
for SMA Solar Technology AG.

Provide P/E
for SMA Solar Technology AG.

Provide P/OCF
for SMA Solar Technology AG.

Provide P/FCFE
for SMA Solar Technology AG.

Provide P/B
for SMA Solar Technology AG.

Provide EV/S
for SMA Solar Technology AG.

Provide EV/GP
for SMA Solar Technology AG.

Provide EV/EBITDA
for SMA Solar Technology AG.

Provide EV/EBIT
for SMA Solar Technology AG.

Provide EV/OCF
for SMA Solar Technology AG.

Provide EV/FCFF
for SMA Solar Technology AG.

Provide EV/IC
for SMA Solar Technology AG.

Show me price targets
for SMA Solar Technology AG made by professional analysts.

What are the Revenue projections
for SMA Solar Technology AG?

How accurate were the past Revenue estimates
for SMA Solar Technology AG?

What are the Net Income projections
for SMA Solar Technology AG?

How accurate were the past Net Income estimates
for SMA Solar Technology AG?

What are the EPS projections
for SMA Solar Technology AG?

How accurate were the past EPS estimates
for SMA Solar Technology AG?

What are the EBIT projections
for SMA Solar Technology AG?

How accurate were the past EBIT estimates
for SMA Solar Technology AG?

Compare the revenue forecasts
for SMA Solar Technology AG with those of its competitors based on recent analyst estimates.

Compare the intrinsic valuations
of SMA Solar Technology AG and its key competitors using the latest financial data.

Compare historical revenue growth rates
of SMA Solar Technology AG against its competitors.

Analyze the profit margins
(gross, operating, and net) of SMA Solar Technology AG compared to its peers.

Compare the P/E ratios
of SMA Solar Technology AG against its peers.

Discuss the investment returns and shareholder value creation
comparing SMA Solar Technology AG with its peers.

Analyze the financial leverage
of SMA Solar Technology AG compared to its main competitors.

Show all profitability ratios
for SMA Solar Technology AG.

Provide ROE
for SMA Solar Technology AG.

Provide ROA
for SMA Solar Technology AG.

Provide ROIC
for SMA Solar Technology AG.

Provide ROCE
for SMA Solar Technology AG.

Provide Gross Margin
for SMA Solar Technology AG.

Provide Operating Margin
for SMA Solar Technology AG.

Provide Net Margin
for SMA Solar Technology AG.

Provide FCF Margin
for SMA Solar Technology AG.

Show all solvency ratios
for SMA Solar Technology AG.

Provide D/E Ratio
for SMA Solar Technology AG.

Provide D/A Ratio
for SMA Solar Technology AG.

Provide Interest Coverage Ratio
for SMA Solar Technology AG.

Provide Altman Z-Score Ratio
for SMA Solar Technology AG.

Provide Quick Ratio
for SMA Solar Technology AG.

Provide Current Ratio
for SMA Solar Technology AG.

Provide Cash Ratio
for SMA Solar Technology AG.

What is the historical Revenue growth
over the last 5 years for SMA Solar Technology AG?

What is the historical Net Income growth
over the last 5 years for SMA Solar Technology AG?

What is the current Free Cash Flow
of SMA Solar Technology AG?

Discuss the annual earnings per share (EPS)
trend over the past five years for SMA Solar Technology AG.

Financials
Annual
Quarterly
TTM
Annual
Quarterly
TTM

Balance Sheet Decomposition
SMA Solar Technology AG

Current Assets 1.2B
Cash & Short-Term Investments 166.4m
Receivables 287.9m
Other Current Assets 763.5m
Non-Current Assets 459.7m
Long-Term Investments 13.3m
PP&E 241m
Intangibles 130.6m
Other Non-Current Assets 74.9m
Current Liabilities 687.8m
Accounts Payable 247.9m
Other Current Liabilities 439.8m
Non-Current Liabilities 275.2m
Long-Term Debt 23.9m
Other Non-Current Liabilities 251.3m
Efficiency

Earnings Waterfall
SMA Solar Technology AG

Revenue
2.2B EUR
Cost of Revenue
-1.6B EUR
Gross Profit
585m EUR
Operating Expenses
-401m EUR
Operating Income
184m EUR
Other Expenses
-27.1m EUR
Net Income
156.9m EUR

Free Cash Flow Analysis
SMA Solar Technology AG

Last Value
3-Years Average
FCF Margin
Conversion Rate
Earnings Calls

In Q1 2024, the company reported stable sales at €362 million, with a significant highlight being the large-scale segment's impressive growth from €2 million to €41 million in EBIT. The overall EBITDA dropped from €60 million to €50 million due to high customer inventories affecting Home and C&I segments. However, large-scale projects and strategic investments in inventory position the company for a strong second half. Despite a temporary decline in demand, the management expects group sales to increase to €1.95-2.22 billion, with EBITDA reaching between €220-290 million for the year.

What is Earnings Call?
Fundamental Scores

S92 Profitability Score
Profitability Due Diligence

SMA Solar Technology AG's profitability score is 57/100. The higher the profitability score, the more profitable the company is.

Exceptional 3-Years Revenue Growth
Positive 3-Year Average ROE
ROE is Increasing
Positive Gross Profit
57/100
Profitability
Score

SMA Solar Technology AG's profitability score is 57/100. The higher the profitability score, the more profitable the company is.

S92 Solvency Score
Solvency Due Diligence

SMA Solar Technology AG's solvency score is 80/100. The higher the solvency score, the more solvent the company is.

High Interest Coverage
Negative Net Debt
Low D/E
Short-Term Solvency
80/100
Solvency
Score

SMA Solar Technology AG's solvency score is 80/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

S92 Price Targets Summary
SMA Solar Technology AG

Wall Street analysts forecast S92 stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for S92 is 15.3 EUR with a low forecast of 10.1 EUR and a high forecast of 19.95 EUR.

Lowest
Price Target
10.1 EUR
15% Downside
Average
Price Target
15.3 EUR
29% Upside
Highest
Price Target
19.95 EUR
68% Upside
View Analyst Estimates
View Analyst Estimates
Want to learn more about Wall St estimates for S92?

Click here to dive deeper.

Dividends

Dividend Yield
Lowest
Average
Highest
Dividend Per Share
N/A
Growth 3Y
Growth 5Y
Growth 10Y
Dividend Safety Score
Very
Unsafe
Unsafe
Safe
Very
Safe
0
25
50
75
100
Shareholder Yield

Current shareholder yield for S92 is .

Shareholder yield represents the total return a company provides to its shareholders, calculated as the sum of dividend yield, buyback yield, and debt paydown yield. What is shareholder yield?

Shareholder Yield
Dividend Yield
Lowest
Average
Highest
Buyback Yield
Lowest
Average
Highest
Debt Paydown Yield
Lowest
Average
Highest

Ownership

S92 Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Profile

SMA Solar Technology AG Logo
SMA Solar Technology AG

Country

Germany

Industry

Semiconductors

Market Cap

411.5m EUR

Dividend Yield

4.22%

Description

SMA Solar Technology AG engages in the development, production and sale of solar inverters and monitoring systems for solar power systems. The company is headquartered in Niestetal, Hessen and currently employs 3,510 full-time employees. The company went IPO on 2008-06-27. The firm operates through five segments: Residential, Commercial, Utility, Off-Grid and Storage and Service. The Residential segment focuses on small PV systems for private applications with micro and string inverters, energy management solutions, storage systems and communication products and accessories. The Commercial segment provides three-phase string inverters, energy management solutions, medium-voltage technology and other accessories. The Utility segment specializes in large-scale PV power plants with central inverters, and also provides grid services. The Off-Grid and Storage segment offers system technology for the integration of different battery technologies and power classes and collaborates with battery manufacturers and companies in the automotive industry. The Service segment comprises service and maintenance, operational management and the spare parts business.

Contact

HESSEN
Niestetal
Sonnenallee 1
+4956195220.0
www.sma.de

IPO

2008-06-27

Employees

3 510

Officers

CEO, Head of Operations, Technology, Strategy, Sales & Service and Chairman of Managing Board
Dr. Jurgen Reinert
Chief Financial & Legal Officer and Member of Managing Board
Ms. Barbara Gregor
Manager of Investor Relations
Julia Damm
Head of Corporate Communications
Ms. Anja Jasper
Executive Vice President of European Sales
Mr. Marko Werner
Executive Vice President of Sales & Marketing, Power Plant Solutions
Ms. Jeanete Klokgether

See Also

Discover More
What is the Intrinsic Value of one S92 stock?

The intrinsic value of one S92 stock under the Base Case scenario is 29.83 EUR.

Is S92 stock undervalued or overvalued?

Compared to the current market price of 11.86 EUR, SMA Solar Technology AG is Undervalued by 60%.

Back to Top