View ValuationSMA Solar Technology 将来の成長Future 基準チェック /46SMA Solar Technology利益と収益がそれぞれ年間83.2%と6.5%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に22.2% 82.9%なると予測されています。主要情報83.2%収益成長率82.93%EPS成長率Electrical 収益成長27.0%収益成長率6.5%将来の株主資本利益率22.16%アナリストカバレッジLow最終更新日09 Jun 2026今後の成長に関する最新情報Price Target Changed • May 20Price target increased by 15% to €51.80Up from €45.20, the current price target is an average from 5 analysts. New target price is 16% below last closing price of €62.00. Stock is up 188% over the past year. The company is forecast to post earnings per share of €2.08 next year compared to a net loss per share of €5.22 last year.Price Target Changed • Dec 30Price target increased by 26% to €23.60Up from €18.80, the current price target is an average from 5 analysts. New target price is 29% below last closing price of €33.26. Stock is up 147% over the past year. The company posted a net loss per share of €3.39 last year.Price Target Changed • Dec 30Price target decreased by 27% to €14.60Down from €20.00, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €14.19. Stock is down 76% over the past year. The company posted earnings per share of €6.50 last year.Price Target Changed • Nov 17Price target decreased by 13% to €17.50Down from €20.00, the current price target is an average from 6 analysts. New target price is 45% above last closing price of €12.11. Stock is down 79% over the past year. The company posted earnings per share of €6.50 last year.Price Target Changed • Sep 26Price target decreased by 16% to €26.00Down from €30.83, the current price target is an average from 6 analysts. New target price is 51% above last closing price of €17.20. Stock is down 73% over the past year. The company is forecast to post earnings per share of €1.31 for next year compared to €6.50 last year.Price Target Changed • Aug 16Price target decreased by 7.0% to €30.83Down from €33.17, the current price target is an average from 6 analysts. New target price is 39% above last closing price of €22.24. Stock is down 69% over the past year. The company is forecast to post earnings per share of €1.31 for next year compared to €6.50 last year.すべての更新を表示Recent updatesPrice Target Changed • May 20Price target increased by 15% to €51.80Up from €45.20, the current price target is an average from 5 analysts. New target price is 16% below last closing price of €62.00. Stock is up 188% over the past year. The company is forecast to post earnings per share of €2.08 next year compared to a net loss per share of €5.22 last year.お知らせ • Apr 28SMA Solar Technology AG, Annual General Meeting, Jun 09, 2026SMA Solar Technology AG, Annual General Meeting, Jun 09, 2026, at 10:00 W. Europe Standard Time.お知らせ • Feb 24SMA Solar Technology AG to Report Fiscal Year 2025 Results on Mar 03, 2026SMA Solar Technology AG announced that they will report fiscal year 2025 results on Mar 03, 2026Price Target Changed • Dec 30Price target increased by 26% to €23.60Up from €18.80, the current price target is an average from 5 analysts. New target price is 29% below last closing price of €33.26. Stock is up 147% over the past year. The company posted a net loss per share of €3.39 last year.お知らせ • Nov 13+ 3 more updatesSMA Solar Technology AG to Report Q1, 2026 Results on May 13, 2026SMA Solar Technology AG announced that they will report Q1, 2026 results on May 13, 2026お知らせ • Apr 23SMA Solar Technology AG, Annual General Meeting, Jun 03, 2025SMA Solar Technology AG, Annual General Meeting, Jun 03, 2025, at 10:00 W. Europe Standard Time.Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €16.09, the stock trades at a forward P/E ratio of 56x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total loss to shareholders of 52% over the past three years.Price Target Changed • Dec 30Price target decreased by 27% to €14.60Down from €20.00, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €14.19. Stock is down 76% over the past year. The company posted earnings per share of €6.50 last year.お知らせ • Nov 17+ 2 more updatesSMA Solar Technology AG to Report Fiscal Year 2024 Results on Mar 27, 2025SMA Solar Technology AG announced that they will report fiscal year 2024 results on Mar 27, 2025Price Target Changed • Nov 17Price target decreased by 13% to €17.50Down from €20.00, the current price target is an average from 6 analysts. New target price is 45% above last closing price of €12.11. Stock is down 79% over the past year. The company posted earnings per share of €6.50 last year.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €11.88, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total loss to shareholders of 74% over the past three years.New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 33% per year for the foreseeable future. High level of non-cash earnings (87% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.1% average weekly change).Valuation Update With 7 Day Price Move • Oct 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €16.99, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total loss to shareholders of 61% over the past three years.Price Target Changed • Sep 26Price target decreased by 16% to €26.00Down from €30.83, the current price target is an average from 6 analysts. New target price is 51% above last closing price of €17.20. Stock is down 73% over the past year. The company is forecast to post earnings per share of €1.31 for next year compared to €6.50 last year.Price Target Changed • Aug 16Price target decreased by 7.0% to €30.83Down from €33.17, the current price target is an average from 6 analysts. New target price is 39% above last closing price of €22.24. Stock is down 69% over the past year. The company is forecast to post earnings per share of €1.31 for next year compared to €6.50 last year.New Risk • Aug 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. High level of non-cash earnings (97% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: €0.45 (vs €1.49 in 2Q 2023)Second quarter 2024 results: EPS: €0.45 (down from €1.49 in 2Q 2023). Revenue: €397.5m (down 3.4% from 2Q 2023). Net income: €15.6m (down 70% from 2Q 2023). Profit margin: 3.9% (down from 13% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • Jun 26SMA Solar Technology AG(XTRA:S92) dropped from Germany MDAX Index (Performance)SMA Solar Technology AG has been dropped from Germany MDAX Index (Performance).Upcoming Dividend • May 22Upcoming dividend of €0.50 per shareEligible shareholders must have bought the stock before 29 May 2024. Payment date: 31 May 2024. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.0%).Price Target Changed • May 13Price target decreased by 7.4% to €58.33Down from €63.00, the current price target is an average from 6 analysts. New target price is 23% above last closing price of €47.44. Stock is down 53% over the past year. The company is forecast to post earnings per share of €4.01 for next year compared to €6.50 last year.Reported Earnings • May 08First quarter 2024 earnings released: EPS: €0.82 (vs €1.49 in 1Q 2023)First quarter 2024 results: EPS: €0.82 (down from €1.49 in 1Q 2023). Revenue: €361.8m (down 1.5% from 1Q 2023). Net income: €28.5m (down 45% from 1Q 2023). Profit margin: 7.9% (down from 14% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Apr 02Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.6% to €50.35. The fair value is estimated to be €66.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 83%. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are forecast to decline by 9.3% per annum over the same time period.Reported Earnings • Mar 28Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: €6.50 (up from €1.61 in FY 2022). Revenue: €1.90b (up 79% from FY 2022). Net income: €225.7m (up 304% from FY 2022). Profit margin: 12% (up from 5.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €55.55, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Semiconductor industry in Germany. Total returns to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €70.50 per share.お知らせ • Feb 14SMA Solar Technology AG to Report Fiscal Year 2023 Final Results on Mar 27, 2024SMA Solar Technology AG announced that they will report fiscal year 2023 final results on Mar 27, 2024Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €54.70, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 20x in the Semiconductor industry in Germany. Total loss to shareholders of 9.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €70.43 per share.Valuation Update With 7 Day Price Move • Jan 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €45.56, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total loss to shareholders of 30% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €65.72 per share.Buying Opportunity • Jan 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be €65.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings is forecast to decline by 17% per annum over the same time period.Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €61.55, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €80.82 per share.Price Target Changed • Nov 27Price target decreased by 7.6% to €66.50Down from €72.00, the current price target is an average from 6 analysts. New target price is 16% above last closing price of €57.50. Stock is down 4.6% over the past year. The company is forecast to post earnings per share of €6.28 for next year compared to €1.61 last year.Buying Opportunity • Nov 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be €71.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is forecast to decline by 15% per annum over the same time period.お知らせ • Nov 17+ 4 more updatesSMA Solar Technology AG, Annual General Meeting, May 28, 2024SMA Solar Technology AG, Annual General Meeting, May 28, 2024.Reported Earnings • Nov 10Third quarter 2023 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2023 results: EPS: €2.22 (up from €0.62 in 3Q 2022). Revenue: €558.5m (up 121% from 3Q 2022). Net income: €76.9m (up 256% from 3Q 2022). Profit margin: 14% (up from 8.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Price Target Changed • Oct 11Price target decreased by 7.5% to €84.83Down from €91.67, the current price target is an average from 6 analysts. New target price is 31% above last closing price of €65.00. Stock is up 60% over the past year. The company is forecast to post earnings per share of €6.22 for next year compared to €1.61 last year.Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €65.00, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 46% over the past three years.お知らせ • Oct 06SMA Solar Technology AG Provides Earnings Guidance for the Nine Months of 2023SMA Solar Technology AG provided earnings guidance for the nine months of 2023. Based on preliminary figures, the Managing Board of SMA Solar Technology AG expects consolidated revenues of EUR 1.335 million to 1.345 million (9M 2022: EUR 724 million) for the first nine months of 2023. Due to a very positive revenue and earnings development in the Large Scale & Project Solutions and Commercial & Industrial Solutions segments in the third quarter, quarterly revenues are expected to be between EUR 555 million and 565 million (Q3 2022: EUR 252 million).Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: €1.49 (vs €0.39 loss in 2Q 2022)Second quarter 2023 results: EPS: €1.49 (up from €0.39 loss in 2Q 2022). Revenue: €411.7m (up 64% from 2Q 2022). Net income: €51.8m (up €65.4m from 2Q 2022). Profit margin: 13% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €103, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 17x in the Semiconductor industry in Germany. Total returns to shareholders of 279% over the past three years.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €83.70, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total returns to shareholders of 196% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €145 per share.Reported Earnings • May 14First quarter 2023 earnings released: EPS: €1.49 (vs €0.085 in 1Q 2022)First quarter 2023 results: EPS: €1.49 (up from €0.085 in 1Q 2022). Revenue: €367.2m (up 67% from 1Q 2022). Net income: €51.7m (up €48.7m from 1Q 2022). Profit margin: 14% (up from 1.3% in 1Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • May 12Price target increased by 12% to €107Up from €95.60, the current price target is an average from 5 analysts. New target price is 5.6% above last closing price of €102. Stock is up 135% over the past year. The company is forecast to post earnings per share of €2.87 for next year compared to €1.61 last year.お知らせ • May 12Sma Solar Technology Ag Updates Earnings Guidance for the Year 2023SMA Solar Technology AG updated earnings guidance for the year 2023. For the period, the company raised sales and earnings guidance for 2023:Sales of between EUR 1,450 million and EUR 1,600 million. (previously: EUR 1,350 million and EUR 1,500 million).Price Target Changed • Apr 24Price target increased by 14% to €95.60Up from €83.60, the current price target is an average from 5 analysts. New target price is 9.0% below last closing price of €105. Stock is up 170% over the past year. The company is forecast to post earnings per share of €2.57 for next year compared to €1.61 last year.Price Target Changed • Apr 11Price target increased by 10% to €87.60Up from €79.60, the current price target is an average from 5 analysts. New target price is 11% below last closing price of €97.90. Stock is up 138% over the past year. The company is forecast to post earnings per share of €2.48 for next year compared to €1.61 last year.Reported Earnings • Mar 31Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: €1.61 (up from €0.66 loss in FY 2021). Revenue: €1.07b (up 8.4% from FY 2021). Net income: €55.8m (up €78.8m from FY 2021). Profit margin: 5.2% (up from net loss in FY 2021). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 129%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings.Buying Opportunity • Mar 17Now 21% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be €93.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Price Target Changed • Jan 11Price target increased to €62.00Up from €56.00, the current price target is an average from 5 analysts. New target price is 9.8% below last closing price of €68.70. Stock is up 105% over the past year. The company is forecast to post earnings per share of €0.70 next year compared to a net loss per share of €0.66 last year.Price Target Changed • Nov 16Price target increased to €55.20Up from €49.40, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €56.10. Stock is up 17% over the past year. The company is forecast to post earnings per share of €0.67 next year compared to a net loss per share of €0.66 last year.Price Target Changed • Nov 11Price target increased to €53.60Up from €49.40, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €55.00. Stock is up 12% over the past year. The company is forecast to post earnings per share of €0.40 next year compared to a net loss per share of €0.66 last year.お知らせ • Nov 10+ 3 more updatesSMA Solar Technology AG to Report Nine Months, 2023 Results on Nov 09, 2023SMA Solar Technology AG announced that they will report nine months, 2023 results on Nov 09, 2023Reported Earnings • Aug 15Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: €0.39 loss per share (down from €0.15 profit in 2Q 2021). Revenue: €251.3m (up 1.4% from 2Q 2021). Net loss: €13.6m (down 355% from profit in 2Q 2021). Revenue exceeded analyst estimates by 9.9%. Earnings per share (EPS) missed analyst estimates by 63%. Over the next year, revenue is forecast to grow 13%, compared to a 12% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.Price Target Changed • Aug 12Price target increased to €47.00Up from €38.00, the current price target is an average from 4 analysts. New target price is 18% below last closing price of €57.45. Stock is up 36% over the past year. The company is forecast to post a net loss per share of €0.07 next year compared to a net loss per share of €0.66 last year.Reported Earnings • May 12First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: €0.085 (down from €0.23 in 1Q 2021). Revenue: €220.6m (down 8.2% from 1Q 2021). Net income: €2.96m (down 63% from 1Q 2021). Profit margin: 1.3% (down from 3.3% in 1Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 80%. Over the next year, revenue is forecast to grow 3.7%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 01Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: €0.66 loss per share (down from €0.81 profit in FY 2020). Revenue: €983.7m (down 4.2% from FY 2020). Net loss: €23.0m (down 182% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Over the next year, revenue is forecast to stay flat compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Price Target Changed • Mar 02Price target decreased to €37.75Down from €41.50, the current price target is an average from 4 analysts. New target price is 26% above last closing price of €29.88. Stock is down 42% over the past year. The company is forecast to post a net loss per share of €0.38 compared to earnings per share of €0.81 last year.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €26.36, the stock trades at a forward P/E ratio of 81x. Average forward P/E is 22x in the Semiconductor industry in Germany. Total returns to shareholders of 19% over the past three years.Price Target Changed • Jan 17Price target decreased to €41.50Down from €45.00, the current price target is an average from 4 analysts. New target price is 22% above last closing price of €34.00. Stock is down 46% over the past year. The company is forecast to post earnings per share of €0.40 for next year compared to €0.81 last year.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS €0.058 (vs €0.19 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €256.7m (down 1.1% from 3Q 2020). Net income: €2.00m (down 69% from 3Q 2020). Profit margin: 0.8% (down from 2.5% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Price Target Changed • Aug 17Price target decreased to €49.75Down from €54.38, the current price target is an average from 4 analysts. New target price is 19% above last closing price of €41.86. Stock is up 15% over the past year.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS €0.15 (vs €0.087 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €247.9m (up 9.6% from 2Q 2020). Net income: €5.33m (up 76% from 2Q 2020). Profit margin: 2.1% (up from 1.3% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 26Inaugural dividend of €0.30 per shareEligible shareholders must have bought the stock before 02 June 2021. Payment date: 04 June 2021. The company last paid an ordinary dividend in May 2018. The average dividend yield among industry peers is 0.6%.Reported Earnings • May 16First quarter 2021 earnings released: EPS €0.23 (vs €0.009 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: €240.4m (down 17% from 1Q 2020). Net income: €7.96m (up €8.28m from 1Q 2020). Profit margin: 3.3% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 27Full year 2020 earnings released: EPS €0.81 (vs €0.25 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.03b (up 12% from FY 2019). Net income: €28.1m (up €36.7m from FY 2019). Profit margin: 2.7% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.Price Target Changed • Feb 08Price target raised to €56.00Up from €51.00, the current price target is an average from 4 analysts. The new target price is 10% below the current share price of €62.50. As of last close, the stock is up 81% over the past year.Is New 90 Day High Low • Jan 22New 90-day high: €67.40The company is up 75% from its price of €38.44 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.66 per share.Is New 90 Day High Low • Dec 31New 90-day high: €56.80The company is up 50% from its price of €37.86 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 32% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.05 per share.Is New 90 Day High Low • Dec 12New 90-day high: €50.40The company is up 37% from its price of €36.92 on 11 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.75 per share.Analyst Estimate Surprise Post Earnings • Nov 13Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 171%. Over the next year, revenue is forecast to grow 2.5%, compared to a 19% growth forecast for the Semiconductor industry in Germany.Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS €0.19The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: €259.4m (down 3.2% from 3Q 2019). Net income: €6.53m (up 77% from 3Q 2019). Profit margin: 2.5% (up from 1.4% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Nov 12New 90-day high: €49.48The company is up 43% from its price of €34.70 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €42.37 per share.Is New 90 Day High Low • Oct 07New 90-day high: €42.90The company is up 52% from its price of €28.30 on 09 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €73.97 per share.Is New 90 Day High Low • Sep 18New 90-day high: €40.76The company is up 47% from its price of €27.78 on 19 June 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €64.60 per share.業績と収益の成長予測DB:S92 - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20281,786136137195512/31/20271,694110124163512/31/20261,616707410853/31/20261,529-188-3011N/A12/31/20251,516-18193143N/A9/30/20251,605-297147203N/A6/30/20251,456-20484150N/A3/31/20251,496-141-5528N/A12/31/20241,530-118-215-125N/A9/30/20241,62680-261-156N/A6/30/20241,884166-245-146N/A3/31/20241,899202-5732N/A12/31/20231,90422656141N/A9/30/20231,67922578148N/A6/30/20231,37317090156N/A3/31/20231,21310537102N/A12/31/20221,06656-3329N/A9/30/2022963-272282N/A6/30/2022967-471268N/A3/31/2022964-282070N/A12/31/2021983-234794N/A9/30/2021998343074N/A6/30/20211,001392366N/A3/31/202197936-536N/A12/31/20201,02728-70-31N/A9/30/20201,05811-56-24N/A6/30/20201,0678-62-32N/A3/31/20201,0352-69-41N/A12/31/2019915-9N/A-1N/A9/30/2019817-195N/A-75N/A6/30/2019729-201N/A-82N/A3/31/2019746-189N/A-69N/A12/31/2018761-175N/A-54N/A9/30/201887414N/A-1N/A6/30/201890533N/A51N/A3/31/201890027N/A80N/A12/31/201789130N/A117N/A9/30/201783018N/A101N/A6/30/201784519N/A133N/A3/31/201787217N/A142N/A12/31/201694729N/A145N/A9/30/20161,00466N/A163N/A6/30/20161,04359N/A142N/A3/31/20161,00450N/A137N/A12/31/201598223N/A104N/A9/30/2015943-132N/A68N/A6/30/2015885-151N/A18N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: S92は今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 1.9% ) よりも高い成長率であると考えられます。収益対市場: S92今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: S92今後 3 年以内に収益を上げることが予想されます。収益対市場: S92の収益 ( 6.5% ) German市場 ( 6.7% ) よりも低い成長が予測されています。高い収益成長: S92の収益 ( 6.5% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: S92の 自己資本利益率 は、3年後には高くなると予測されています ( 22.2 %)成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/18 13:09終値2026/06/17 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋SMA Solar Technology AG 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。21 アナリスト機関James FontanelliArete Research Services LLPRupesh MadlaniBarclaysLasse StuebenBerenberg18 その他のアナリストを表示
Price Target Changed • May 20Price target increased by 15% to €51.80Up from €45.20, the current price target is an average from 5 analysts. New target price is 16% below last closing price of €62.00. Stock is up 188% over the past year. The company is forecast to post earnings per share of €2.08 next year compared to a net loss per share of €5.22 last year.
Price Target Changed • Dec 30Price target increased by 26% to €23.60Up from €18.80, the current price target is an average from 5 analysts. New target price is 29% below last closing price of €33.26. Stock is up 147% over the past year. The company posted a net loss per share of €3.39 last year.
Price Target Changed • Dec 30Price target decreased by 27% to €14.60Down from €20.00, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €14.19. Stock is down 76% over the past year. The company posted earnings per share of €6.50 last year.
Price Target Changed • Nov 17Price target decreased by 13% to €17.50Down from €20.00, the current price target is an average from 6 analysts. New target price is 45% above last closing price of €12.11. Stock is down 79% over the past year. The company posted earnings per share of €6.50 last year.
Price Target Changed • Sep 26Price target decreased by 16% to €26.00Down from €30.83, the current price target is an average from 6 analysts. New target price is 51% above last closing price of €17.20. Stock is down 73% over the past year. The company is forecast to post earnings per share of €1.31 for next year compared to €6.50 last year.
Price Target Changed • Aug 16Price target decreased by 7.0% to €30.83Down from €33.17, the current price target is an average from 6 analysts. New target price is 39% above last closing price of €22.24. Stock is down 69% over the past year. The company is forecast to post earnings per share of €1.31 for next year compared to €6.50 last year.
Price Target Changed • May 20Price target increased by 15% to €51.80Up from €45.20, the current price target is an average from 5 analysts. New target price is 16% below last closing price of €62.00. Stock is up 188% over the past year. The company is forecast to post earnings per share of €2.08 next year compared to a net loss per share of €5.22 last year.
お知らせ • Apr 28SMA Solar Technology AG, Annual General Meeting, Jun 09, 2026SMA Solar Technology AG, Annual General Meeting, Jun 09, 2026, at 10:00 W. Europe Standard Time.
お知らせ • Feb 24SMA Solar Technology AG to Report Fiscal Year 2025 Results on Mar 03, 2026SMA Solar Technology AG announced that they will report fiscal year 2025 results on Mar 03, 2026
Price Target Changed • Dec 30Price target increased by 26% to €23.60Up from €18.80, the current price target is an average from 5 analysts. New target price is 29% below last closing price of €33.26. Stock is up 147% over the past year. The company posted a net loss per share of €3.39 last year.
お知らせ • Nov 13+ 3 more updatesSMA Solar Technology AG to Report Q1, 2026 Results on May 13, 2026SMA Solar Technology AG announced that they will report Q1, 2026 results on May 13, 2026
お知らせ • Apr 23SMA Solar Technology AG, Annual General Meeting, Jun 03, 2025SMA Solar Technology AG, Annual General Meeting, Jun 03, 2025, at 10:00 W. Europe Standard Time.
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €16.09, the stock trades at a forward P/E ratio of 56x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total loss to shareholders of 52% over the past three years.
Price Target Changed • Dec 30Price target decreased by 27% to €14.60Down from €20.00, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €14.19. Stock is down 76% over the past year. The company posted earnings per share of €6.50 last year.
お知らせ • Nov 17+ 2 more updatesSMA Solar Technology AG to Report Fiscal Year 2024 Results on Mar 27, 2025SMA Solar Technology AG announced that they will report fiscal year 2024 results on Mar 27, 2025
Price Target Changed • Nov 17Price target decreased by 13% to €17.50Down from €20.00, the current price target is an average from 6 analysts. New target price is 45% above last closing price of €12.11. Stock is down 79% over the past year. The company posted earnings per share of €6.50 last year.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €11.88, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 13x in the Semiconductor industry in Germany. Total loss to shareholders of 74% over the past three years.
New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 33% per year for the foreseeable future. High level of non-cash earnings (87% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.1% average weekly change).
Valuation Update With 7 Day Price Move • Oct 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €16.99, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total loss to shareholders of 61% over the past three years.
Price Target Changed • Sep 26Price target decreased by 16% to €26.00Down from €30.83, the current price target is an average from 6 analysts. New target price is 51% above last closing price of €17.20. Stock is down 73% over the past year. The company is forecast to post earnings per share of €1.31 for next year compared to €6.50 last year.
Price Target Changed • Aug 16Price target decreased by 7.0% to €30.83Down from €33.17, the current price target is an average from 6 analysts. New target price is 39% above last closing price of €22.24. Stock is down 69% over the past year. The company is forecast to post earnings per share of €1.31 for next year compared to €6.50 last year.
New Risk • Aug 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 3.6% per year for the foreseeable future. High level of non-cash earnings (97% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: €0.45 (vs €1.49 in 2Q 2023)Second quarter 2024 results: EPS: €0.45 (down from €1.49 in 2Q 2023). Revenue: €397.5m (down 3.4% from 2Q 2023). Net income: €15.6m (down 70% from 2Q 2023). Profit margin: 3.9% (down from 13% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • Jun 26SMA Solar Technology AG(XTRA:S92) dropped from Germany MDAX Index (Performance)SMA Solar Technology AG has been dropped from Germany MDAX Index (Performance).
Upcoming Dividend • May 22Upcoming dividend of €0.50 per shareEligible shareholders must have bought the stock before 29 May 2024. Payment date: 31 May 2024. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.0%).
Price Target Changed • May 13Price target decreased by 7.4% to €58.33Down from €63.00, the current price target is an average from 6 analysts. New target price is 23% above last closing price of €47.44. Stock is down 53% over the past year. The company is forecast to post earnings per share of €4.01 for next year compared to €6.50 last year.
Reported Earnings • May 08First quarter 2024 earnings released: EPS: €0.82 (vs €1.49 in 1Q 2023)First quarter 2024 results: EPS: €0.82 (down from €1.49 in 1Q 2023). Revenue: €361.8m (down 1.5% from 1Q 2023). Net income: €28.5m (down 45% from 1Q 2023). Profit margin: 7.9% (down from 14% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Apr 02Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.6% to €50.35. The fair value is estimated to be €66.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 83%. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are forecast to decline by 9.3% per annum over the same time period.
Reported Earnings • Mar 28Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: €6.50 (up from €1.61 in FY 2022). Revenue: €1.90b (up 79% from FY 2022). Net income: €225.7m (up 304% from FY 2022). Profit margin: 12% (up from 5.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 3.5%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €55.55, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Semiconductor industry in Germany. Total returns to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €70.50 per share.
お知らせ • Feb 14SMA Solar Technology AG to Report Fiscal Year 2023 Final Results on Mar 27, 2024SMA Solar Technology AG announced that they will report fiscal year 2023 final results on Mar 27, 2024
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €54.70, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 20x in the Semiconductor industry in Germany. Total loss to shareholders of 9.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €70.43 per share.
Valuation Update With 7 Day Price Move • Jan 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €45.56, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total loss to shareholders of 30% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €65.72 per share.
Buying Opportunity • Jan 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be €65.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings is forecast to decline by 17% per annum over the same time period.
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €61.55, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Semiconductor industry in Germany. Total returns to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €80.82 per share.
Price Target Changed • Nov 27Price target decreased by 7.6% to €66.50Down from €72.00, the current price target is an average from 6 analysts. New target price is 16% above last closing price of €57.50. Stock is down 4.6% over the past year. The company is forecast to post earnings per share of €6.28 for next year compared to €1.61 last year.
Buying Opportunity • Nov 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be €71.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings is forecast to decline by 15% per annum over the same time period.
お知らせ • Nov 17+ 4 more updatesSMA Solar Technology AG, Annual General Meeting, May 28, 2024SMA Solar Technology AG, Annual General Meeting, May 28, 2024.
Reported Earnings • Nov 10Third quarter 2023 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2023 results: EPS: €2.22 (up from €0.62 in 3Q 2022). Revenue: €558.5m (up 121% from 3Q 2022). Net income: €76.9m (up 256% from 3Q 2022). Profit margin: 14% (up from 8.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Oct 11Price target decreased by 7.5% to €84.83Down from €91.67, the current price target is an average from 6 analysts. New target price is 31% above last closing price of €65.00. Stock is up 60% over the past year. The company is forecast to post earnings per share of €6.22 for next year compared to €1.61 last year.
Valuation Update With 7 Day Price Move • Oct 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €65.00, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Semiconductor industry in Germany. Total returns to shareholders of 46% over the past three years.
お知らせ • Oct 06SMA Solar Technology AG Provides Earnings Guidance for the Nine Months of 2023SMA Solar Technology AG provided earnings guidance for the nine months of 2023. Based on preliminary figures, the Managing Board of SMA Solar Technology AG expects consolidated revenues of EUR 1.335 million to 1.345 million (9M 2022: EUR 724 million) for the first nine months of 2023. Due to a very positive revenue and earnings development in the Large Scale & Project Solutions and Commercial & Industrial Solutions segments in the third quarter, quarterly revenues are expected to be between EUR 555 million and 565 million (Q3 2022: EUR 252 million).
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: €1.49 (vs €0.39 loss in 2Q 2022)Second quarter 2023 results: EPS: €1.49 (up from €0.39 loss in 2Q 2022). Revenue: €411.7m (up 64% from 2Q 2022). Net income: €51.8m (up €65.4m from 2Q 2022). Profit margin: 13% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €103, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 17x in the Semiconductor industry in Germany. Total returns to shareholders of 279% over the past three years.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €83.70, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Semiconductor industry in Germany. Total returns to shareholders of 196% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €145 per share.
Reported Earnings • May 14First quarter 2023 earnings released: EPS: €1.49 (vs €0.085 in 1Q 2022)First quarter 2023 results: EPS: €1.49 (up from €0.085 in 1Q 2022). Revenue: €367.2m (up 67% from 1Q 2022). Net income: €51.7m (up €48.7m from 1Q 2022). Profit margin: 14% (up from 1.3% in 1Q 2022). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • May 12Price target increased by 12% to €107Up from €95.60, the current price target is an average from 5 analysts. New target price is 5.6% above last closing price of €102. Stock is up 135% over the past year. The company is forecast to post earnings per share of €2.87 for next year compared to €1.61 last year.
お知らせ • May 12Sma Solar Technology Ag Updates Earnings Guidance for the Year 2023SMA Solar Technology AG updated earnings guidance for the year 2023. For the period, the company raised sales and earnings guidance for 2023:Sales of between EUR 1,450 million and EUR 1,600 million. (previously: EUR 1,350 million and EUR 1,500 million).
Price Target Changed • Apr 24Price target increased by 14% to €95.60Up from €83.60, the current price target is an average from 5 analysts. New target price is 9.0% below last closing price of €105. Stock is up 170% over the past year. The company is forecast to post earnings per share of €2.57 for next year compared to €1.61 last year.
Price Target Changed • Apr 11Price target increased by 10% to €87.60Up from €79.60, the current price target is an average from 5 analysts. New target price is 11% below last closing price of €97.90. Stock is up 138% over the past year. The company is forecast to post earnings per share of €2.48 for next year compared to €1.61 last year.
Reported Earnings • Mar 31Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: €1.61 (up from €0.66 loss in FY 2021). Revenue: €1.07b (up 8.4% from FY 2021). Net income: €55.8m (up €78.8m from FY 2021). Profit margin: 5.2% (up from net loss in FY 2021). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 129%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 55% per year, which means it is well ahead of earnings.
Buying Opportunity • Mar 17Now 21% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be €93.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Price Target Changed • Jan 11Price target increased to €62.00Up from €56.00, the current price target is an average from 5 analysts. New target price is 9.8% below last closing price of €68.70. Stock is up 105% over the past year. The company is forecast to post earnings per share of €0.70 next year compared to a net loss per share of €0.66 last year.
Price Target Changed • Nov 16Price target increased to €55.20Up from €49.40, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €56.10. Stock is up 17% over the past year. The company is forecast to post earnings per share of €0.67 next year compared to a net loss per share of €0.66 last year.
Price Target Changed • Nov 11Price target increased to €53.60Up from €49.40, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of €55.00. Stock is up 12% over the past year. The company is forecast to post earnings per share of €0.40 next year compared to a net loss per share of €0.66 last year.
お知らせ • Nov 10+ 3 more updatesSMA Solar Technology AG to Report Nine Months, 2023 Results on Nov 09, 2023SMA Solar Technology AG announced that they will report nine months, 2023 results on Nov 09, 2023
Reported Earnings • Aug 15Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: €0.39 loss per share (down from €0.15 profit in 2Q 2021). Revenue: €251.3m (up 1.4% from 2Q 2021). Net loss: €13.6m (down 355% from profit in 2Q 2021). Revenue exceeded analyst estimates by 9.9%. Earnings per share (EPS) missed analyst estimates by 63%. Over the next year, revenue is forecast to grow 13%, compared to a 12% growth forecast for the Semiconductor industry in Germany. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Aug 12Price target increased to €47.00Up from €38.00, the current price target is an average from 4 analysts. New target price is 18% below last closing price of €57.45. Stock is up 36% over the past year. The company is forecast to post a net loss per share of €0.07 next year compared to a net loss per share of €0.66 last year.
Reported Earnings • May 12First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: €0.085 (down from €0.23 in 1Q 2021). Revenue: €220.6m (down 8.2% from 1Q 2021). Net income: €2.96m (down 63% from 1Q 2021). Profit margin: 1.3% (down from 3.3% in 1Q 2021). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 80%. Over the next year, revenue is forecast to grow 3.7%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 01Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: €0.66 loss per share (down from €0.81 profit in FY 2020). Revenue: €983.7m (down 4.2% from FY 2020). Net loss: €23.0m (down 182% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 14%. Over the next year, revenue is forecast to stay flat compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Mar 02Price target decreased to €37.75Down from €41.50, the current price target is an average from 4 analysts. New target price is 26% above last closing price of €29.88. Stock is down 42% over the past year. The company is forecast to post a net loss per share of €0.38 compared to earnings per share of €0.81 last year.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €26.36, the stock trades at a forward P/E ratio of 81x. Average forward P/E is 22x in the Semiconductor industry in Germany. Total returns to shareholders of 19% over the past three years.
Price Target Changed • Jan 17Price target decreased to €41.50Down from €45.00, the current price target is an average from 4 analysts. New target price is 22% above last closing price of €34.00. Stock is down 46% over the past year. The company is forecast to post earnings per share of €0.40 for next year compared to €0.81 last year.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS €0.058 (vs €0.19 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €256.7m (down 1.1% from 3Q 2020). Net income: €2.00m (down 69% from 3Q 2020). Profit margin: 0.8% (down from 2.5% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Aug 17Price target decreased to €49.75Down from €54.38, the current price target is an average from 4 analysts. New target price is 19% above last closing price of €41.86. Stock is up 15% over the past year.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS €0.15 (vs €0.087 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €247.9m (up 9.6% from 2Q 2020). Net income: €5.33m (up 76% from 2Q 2020). Profit margin: 2.1% (up from 1.3% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 26Inaugural dividend of €0.30 per shareEligible shareholders must have bought the stock before 02 June 2021. Payment date: 04 June 2021. The company last paid an ordinary dividend in May 2018. The average dividend yield among industry peers is 0.6%.
Reported Earnings • May 16First quarter 2021 earnings released: EPS €0.23 (vs €0.009 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: €240.4m (down 17% from 1Q 2020). Net income: €7.96m (up €8.28m from 1Q 2020). Profit margin: 3.3% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 27Full year 2020 earnings released: EPS €0.81 (vs €0.25 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €1.03b (up 12% from FY 2019). Net income: €28.1m (up €36.7m from FY 2019). Profit margin: 2.7% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.
Price Target Changed • Feb 08Price target raised to €56.00Up from €51.00, the current price target is an average from 4 analysts. The new target price is 10% below the current share price of €62.50. As of last close, the stock is up 81% over the past year.
Is New 90 Day High Low • Jan 22New 90-day high: €67.40The company is up 75% from its price of €38.44 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 37% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.66 per share.
Is New 90 Day High Low • Dec 31New 90-day high: €56.80The company is up 50% from its price of €37.86 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 32% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.05 per share.
Is New 90 Day High Low • Dec 12New 90-day high: €50.40The company is up 37% from its price of €36.92 on 11 September 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.75 per share.
Analyst Estimate Surprise Post Earnings • Nov 13Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 171%. Over the next year, revenue is forecast to grow 2.5%, compared to a 19% growth forecast for the Semiconductor industry in Germany.
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS €0.19The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: €259.4m (down 3.2% from 3Q 2019). Net income: €6.53m (up 77% from 3Q 2019). Profit margin: 2.5% (up from 1.4% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Nov 12New 90-day high: €49.48The company is up 43% from its price of €34.70 on 14 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €42.37 per share.
Is New 90 Day High Low • Oct 07New 90-day high: €42.90The company is up 52% from its price of €28.30 on 09 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €73.97 per share.
Is New 90 Day High Low • Sep 18New 90-day high: €40.76The company is up 47% from its price of €27.78 on 19 June 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €64.60 per share.