SMA Solar Technology AG Logo

SMA Solar Technology AG

S92.DE

(2.2)
Stock Price

12,00 EUR

10.75% ROA

24.12% ROE

3.63x PER

Market Cap.

603.086.000,00 EUR

21.62% DER

2.88% Yield

8.82% NPM

SMA Solar Technology AG Stock Analysis

SMA Solar Technology AG Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

SMA Solar Technology AG Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (34.58%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a minimal amount of debt (20%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Revenue Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

5 Net Profit Growth

This company's net profit has been consistently on the rise over the past three years, indicating a strong financial performance and making it an appealing investment opportunity.

6 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

7 PBV

The stock's elevated P/BV ratio (3.4x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

8 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

9 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

10 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (-313) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

SMA Solar Technology AG Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

SMA Solar Technology AG Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

SMA Solar Technology AG Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

SMA Solar Technology AG Revenue
Year Revenue Growth
2006 192.924.000
2007 327.339.000 41.06%
2008 681.591.000 51.97%
2009 934.323.000 27.05%
2010 1.920.117.000 51.34%
2011 1.676.342.000 -14.54%
2012 1.463.363.000 -14.55%
2013 932.523.000 -56.93%
2014 805.430.000 -15.78%
2015 999.638.000 19.43%
2016 946.713.000 -5.59%
2017 891.046.000 -6.25%
2018 760.934.000 -17.1%
2019 915.069.000 16.84%
2020 1.026.583.000 10.86%
2021 983.671.000 -4.36%
2022 1.065.946.000 7.72%
2023 2.233.844.000 52.28%
2023 1.904.100.000 -17.32%
2024 1.590.184.000 -19.74%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

SMA Solar Technology AG Research and Development Expenses
Year Research and Development Expenses Growth
2006 15.585.000
2007 19.719.000 20.96%
2008 33.020.000 40.28%
2009 49.073.000 32.71%
2010 71.953.000 31.8%
2011 83.758.000 14.09%
2012 83.042.000 -0.86%
2013 73.337.000 -13.23%
2014 80.932.000 9.38%
2015 59.242.000 -36.61%
2016 58.162.000 -1.86%
2017 64.554.000 9.9%
2018 68.304.000 5.49%
2019 52.179.000 -30.9%
2020 55.988.000 6.8%
2021 50.235.000 -11.45%
2022 51.598.000 2.64%
2023 93.316.000 44.71%
2023 78.588.000 -18.74%
2024 102.112.000 23.04%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

SMA Solar Technology AG General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 8.892.000
2007 16.603.000 46.44%
2008 25.731.000 35.47%
2009 28.764.000 10.54%
2010 49.067.000 41.38%
2011 68.765.000 28.65%
2012 24.474.000 -180.97%
2013 29.347.000 16.6%
2014 34.963.000 16.06%
2015 27.621.000 -26.58%
2016 22.843.000 -20.92%
2017 54.086.000 57.77%
2018 55.244.000 2.1%
2019 49.030.000 -12.67%
2020 50.606.000 3.11%
2021 50.368.000 -0.47%
2022 64.016.000 21.32%
2023 80.776.000 20.75%
2023 81.694.000 1.12%
2024 86.784.000 5.87%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

SMA Solar Technology AG EBITDA
Year EBITDA Growth
2006 34.513.000
2007 60.764.000 43.2%
2008 181.358.000 66.49%
2009 250.013.000 27.46%
2010 551.275.000 54.65%
2011 297.298.000 -85.43%
2012 176.341.000 -68.59%
2013 -635.000 27870.24%
2014 -57.245.000 98.89%
2015 113.821.000 150.29%
2016 139.322.000 18.3%
2017 98.340.000 -41.67%
2018 -58.524.000 268.03%
2019 34.124.000 271.5%
2020 73.048.000 53.29%
2021 10.061.000 -626.05%
2022 76.581.000 86.86%
2023 431.440.000 82.25%
2023 316.847.000 -36.17%
2024 124.224.000 -155.06%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

SMA Solar Technology AG Gross Profit
Year Gross Profit Growth
2006 74.623.000
2007 123.062.000 39.36%
2008 253.768.000 51.51%
2009 341.310.000 25.65%
2010 693.203.000 50.76%
2011 468.137.000 -48.08%
2012 343.561.000 -36.26%
2013 144.943.000 -137.03%
2014 133.046.000 -8.94%
2015 213.951.000 37.81%
2016 242.688.000 11.84%
2017 199.554.000 -21.62%
2018 72.078.000 -176.86%
2019 165.766.000 56.52%
2020 166.768.000 0.6%
2021 175.454.000 4.95%
2022 224.269.000 21.77%
2023 668.636.000 66.46%
2023 559.385.000 -19.53%
2024 404.200.000 -38.39%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

SMA Solar Technology AG Net Profit
Year Net Profit Growth
2006 20.470.000
2007 36.757.000 44.31%
2008 119.525.000 69.25%
2009 161.120.000 25.82%
2010 365.041.000 55.86%
2011 166.054.000 -119.83%
2012 75.105.000 -121.1%
2013 -66.618.000 212.74%
2014 -179.023.000 62.79%
2015 14.303.000 1351.65%
2016 29.599.000 51.68%
2017 30.148.000 1.82%
2018 -175.487.000 117.18%
2019 -8.626.000 -1934.4%
2020 28.091.000 130.71%
2021 -23.000.000 222.13%
2022 55.817.000 141.21%
2023 307.764.000 81.86%
2023 225.670.000 -36.38%
2024 62.588.000 -260.56%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

SMA Solar Technology AG Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 1
2007 1 100%
2008 3 66.67%
2009 5 25%
2010 11 60%
2011 5 -150%
2012 2 -100%
2013 -2 300%
2014 -5 80%
2015 0 0%
2016 1 0%
2017 1 0%
2018 -5 100%
2019 0 0%
2020 1 0%
2021 -1 0%
2022 2 100%
2023 9 87.5%
2023 7 -33.33%
2024 2 -500%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

SMA Solar Technology AG Free Cashflow
Year Free Cashflow Growth
2006 13.582.000
2007 42.385.000 67.96%
2008 113.565.000 62.68%
2009 139.378.000 18.52%
2010 227.973.000 38.86%
2011 77.533.000 -194.03%
2012 15.924.000 -386.89%
2013 -55.640.000 128.62%
2014 -103.102.000 46.03%
2015 53.592.000 292.38%
2016 115.579.000 53.63%
2017 83.568.000 -38.31%
2018 -94.593.000 188.34%
2019 -28.766.000 -228.84%
2020 -70.155.000 59%
2021 46.745.000 250.08%
2022 -33.157.000 240.98%
2023 56.414.000 158.77%
2023 -1.907.000 3058.26%
2024 -156.861.999 98.78%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

SMA Solar Technology AG Operating Cashflow
Year Operating Cashflow Growth
2006 19.276.000
2007 53.191.000 63.76%
2008 187.477.000 71.63%
2009 221.506.000 15.36%
2010 386.313.000 42.66%
2011 238.874.000 -61.72%
2012 116.134.000 -105.69%
2013 -2.447.000 4845.97%
2014 -27.570.000 91.12%
2015 104.173.000 126.47%
2016 144.606.000 27.96%
2017 116.763.000 -23.85%
2018 -54.268.000 315.16%
2019 -1.184.000 -4483.45%
2020 -31.384.000 96.23%
2021 94.257.000 133.3%
2022 28.664.000 -228.83%
2023 140.777.000 79.64%
2023 16.627.000 -746.68%
2024 -129.866.999 112.8%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

SMA Solar Technology AG Capital Expenditure
Year Capital Expenditure Growth
2006 5.694.000
2007 10.806.000 47.31%
2008 73.912.000 85.38%
2009 82.128.000 10%
2010 158.340.000 48.13%
2011 161.341.000 1.86%
2012 100.210.000 -61%
2013 53.193.000 -88.39%
2014 75.532.000 29.58%
2015 50.581.000 -49.33%
2016 29.027.000 -74.26%
2017 33.195.000 12.56%
2018 40.325.000 17.68%
2019 27.582.000 -46.2%
2020 38.771.000 28.86%
2021 47.512.000 18.4%
2022 61.821.000 23.15%
2023 84.363.000 26.72%
2023 18.534.000 -355.18%
2024 26.995.000 31.34%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

SMA Solar Technology AG Equity
Year Equity Growth
2006 40.720.000
2007 64.437.000 36.81%
2008 280.757.000 77.05%
2009 407.587.000 31.12%
2010 728.410.000 44.04%
2011 789.306.000 7.72%
2012 820.663.000 3.82%
2013 724.426.000 -13.28%
2014 551.962.000 -31.25%
2015 570.208.000 3.2%
2016 585.112.000 2.55%
2017 611.516.000 4.32%
2018 424.482.000 -44.06%
2019 416.893.000 -1.82%
2020 439.146.000 5.07%
2021 410.409.000 -7%
2022 463.523.000 11.46%
2023 686.182.000 32.45%
2023 641.908.000 -6.9%
2024 714.553.000 10.17%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

SMA Solar Technology AG Assets
Year Assets Growth
2006 112.340.000
2007 163.231.000 31.18%
2008 469.559.000 65.24%
2009 718.650.000 34.66%
2010 1.251.448.000 42.57%
2011 1.374.262.000 8.94%
2012 1.328.676.000 -3.43%
2013 1.259.942.000 -5.46%
2014 1.180.268.000 -6.75%
2015 1.160.463.000 -1.71%
2016 1.210.764.000 4.15%
2017 1.216.208.000 0.45%
2018 989.269.000 -22.94%
2019 1.107.318.000 10.66%
2020 1.051.195.000 -5.34%
2021 1.052.496.000 0.12%
2022 1.110.024.000 5.18%
2023 1.621.915.000 31.56%
2023 1.562.456.000 -3.81%
2024 1.677.493.000 6.86%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

SMA Solar Technology AG Liabilities
Year Liabilities Growth
2006 71.620.000
2007 98.794.000 27.51%
2008 188.802.000 47.67%
2009 311.063.000 39.3%
2010 523.038.000 40.53%
2011 584.956.000 10.59%
2012 508.013.000 -15.15%
2013 535.516.000 5.14%
2014 628.306.000 14.77%
2015 590.255.000 -6.45%
2016 625.652.000 5.66%
2017 604.692.000 -3.47%
2018 564.787.000 -7.07%
2019 690.425.000 18.2%
2020 612.049.000 -12.81%
2021 642.087.000 4.68%
2022 646.501.000 0.68%
2023 935.733.000 30.91%
2023 920.548.000 -1.65%
2024 962.940.000 4.4%

SMA Solar Technology AG Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
54.31
Net Income per Share
4.79
Price to Earning Ratio
3.63x
Price To Sales Ratio
0.32x
POCF Ratio
-4.14
PFCF Ratio
-2.46
Price to Book Ratio
0.84
EV to Sales
0.32
EV Over EBITDA
2.43
EV to Operating CashFlow
-4.14
EV to FreeCashFlow
-2.46
Earnings Yield
0.28
FreeCashFlow Yield
-0.41
Market Cap
0,60 Bil.
Enterprise Value
0,60 Bil.
Graham Number
47.12
Graham NetNet
-6.48

Income Statement Metrics

Net Income per Share
4.79
Income Quality
-0.88
ROE
0.24
Return On Assets
0.1
Return On Capital Employed
0.2
Net Income per EBT
0.76
EBT Per Ebit
1.11
Ebit per Revenue
0.11
Effective Tax Rate
0.24

Margins

Sales, General, & Administrative to Revenue
0.05
Research & Developement to Revenue
0.05
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.28
Operating Profit Margin
0.11
Pretax Profit Margin
0.12
Net Profit Margin
0.09

Dividends

Dividend Yield
0.03
Dividend Yield %
2.88
Payout Ratio
0.1
Dividend Per Share
0.5

Operating Metrics

Operating Cashflow per Share
-4.2
Free CashFlow per Share
-7.06
Capex to Operating CashFlow
-0.68
Capex to Revenue
0.05
Capex to Depreciation
2.13
Return on Invested Capital
0.17
Return on Tangible Assets
0.11
Days Sales Outstanding
55.77
Days Payables Outstanding
66.25
Days of Inventory on Hand
190.2
Receivables Turnover
6.54
Payables Turnover
5.51
Inventory Turnover
1.92
Capex per Share
2.86

Balance Sheet

Cash per Share
4,80
Book Value per Share
20,59
Tangible Book Value per Share
16.83
Shareholders Equity per Share
20.59
Interest Debt per Share
4.63
Debt to Equity
0.22
Debt to Assets
0.09
Net Debt to EBITDA
-0
Current Ratio
1.77
Tangible Asset Value
0,58 Bil.
Net Current Asset Value
0,25 Bil.
Invested Capital
901600000
Working Capital
0,53 Bil.
Intangibles to Total Assets
0.08
Average Receivables
0,27 Bil.
Average Payables
0,27 Bil.
Average Inventory
698627000
Debt to Market Cap
0.26

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

SMA Solar Technology AG Dividends
Year Dividends Growth
2009 1
2010 1 0%
2011 3 66.67%
2012 1 -200%
2013 1 0%
2016 0 0%
2017 0 0%
2018 0 0%
2021 0 0%
2024 1 0%

SMA Solar Technology AG Profile

About SMA Solar Technology AG

SMA Solar Technology AG, together with its subsidiaries, engages in development, production, and sale of PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. It operates through Home Solutions, Business Solutions, and Large Scale and Project Solutions segments. The company offers string and central solar inverters for various module types; battery inverters for high voltage batteries, on- and off- grid applications, commercial and industrial storage solutions, large scale storage solutions, and accessories; medium-voltage technology products; and DC-DC converters. It also provides E-mobility charging solutions; monitoring and control solutions for PV systems; and energy data services, as well as digital solutions to design, operate, and service PV systems and energy systems. The company was formerly known as SMA Technologie AG and changed its name to SMA Solar Technology AG in June 2008. SMA Solar Technology AG was founded in 1981 and is headquartered in Niestetal, Germany.

CEO
Dr. Jurgen Reinert
Employee
4.594
Address
Sonnenallee 1
Niestetal, 34266

SMA Solar Technology AG Executives & BODs

SMA Solar Technology AG Executives & BODs
# Name Age
1 Julia Damm
Manager of Investor Relations
70
2 Ms. Anja Jasper
Head of Corporate Communications
70
3 Mr. Marko Werner
Executive Vice President of European Sales
70
4 Dr. Jurgen Reinert
Chief Executive Officer, Head of Operations, Technology, Strategy, Sales & Service and Chairman of Managing Board
70
5 Ms. Barbara Gregor
Chief Financial & Legal Officer and Member of Managing Board
70
6 Ms. Jeanete Klokgether
Executive Vice President of Sales & Marketing, Power Plant Solutions
70

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