View ValuationSMA Solar Technology 향후 성장Future 기준 점검 4/6SMA Solar Technology (는) 각각 연간 83.3% 및 5.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 83% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 22.2% 로 예상됩니다.핵심 정보83.3%이익 성장률82.99%EPS 성장률Electrical 이익 성장27.2%매출 성장률5.7%향후 자기자본이익률22.16%애널리스트 커버리지Low마지막 업데이트14 May 2026최근 향후 성장 업데이트Price 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.모든 업데이트 보기Recent 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.공시 • 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.공시 • 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.공시 • 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, 2026공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.이익 및 매출 성장 예측DB:S92 - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20281,770136137196512/31/20271,685109124163512/31/20261,616707410853/31/20261,529-188-3011N/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/A더 보기애널리스트 향후 성장 전망수입 대 저축률: S92 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(1.9%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: S92 (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: S92 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: S92 의 수익(연간 5.7%)이 German 시장(연간 6.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: S92 의 수익(연간 5.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: S92의 자본 수익률은 3년 후 22.2%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/01 06:29종가2026/05/29 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스SMA Solar Technology AG는 21명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관James FontanelliArete Research Services LLPRupesh MadlaniBarclaysLasse StuebenBerenberg18명의 분석가 더 보기
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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.