Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €1.07, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 21x in the Electrical industry in Europe. Total loss to shareholders of 82% over the past three years. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 402% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-€92m). Earnings have declined by 61% per year over the past 5 years. Shareholders have been substantially diluted in the past year (402% increase in shares outstanding). Board Change • Dec 22
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Luigi Pigorini was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Aankondiging • Jun 23
Soltec Power Holdings, S.A., Annual General Meeting, Jul 22, 2025 Soltec Power Holdings, S.A., Annual General Meeting, Jul 22, 2025. Location: calle gabriel campillo, pol ind la serreta sn, molina de segura, murcia Spain Aankondiging • May 22
Soltec Power Holdings, S.A. announced that it has received €15 million in funding Soltec Power Holdings, S.A. announced that it has received €15 million in debt round of funding on May 21, 2025. The transaction included the participation from new lender DVC Partners. Buy Or Sell Opportunity • Aug 31
Now 20% overvalued Over the last 90 days, the stock has fallen 13% to €2.03. The fair value is estimated to be €1.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Aug 15
Now 21% overvalued Over the last 90 days, the stock has fallen 21% to €2.05. The fair value is estimated to be €1.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Meanwhile, the company became loss making. Price Target Changed • Jul 16
Price target decreased by 13% to €3.92 Down from €4.52, the current price target is an average from 5 analysts. New target price is 74% above last closing price of €2.25. Stock is down 46% over the past year. The company is forecast to post earnings per share of €0.33 next year compared to a net loss per share of €0.26 last year. Aankondiging • May 26
Soltec Power Holdings, S.A. to Report Q1, 2024 Results on Jun 18, 2024 Soltec Power Holdings, S.A. announced that they will report Q1, 2024 results Pre-Market on Jun 18, 2024 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €2.55, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 12x in the Electrical industry in Europe. Total loss to shareholders of 72% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.60 per share. Major Estimate Revision • Apr 05
Consensus EPS estimates increase by 19% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €632.5m to €651.3m. EPS estimate increased from €0.407 to €0.485 per share. Net income forecast to grow 279% next year vs 20% growth forecast for Electrical industry in Spain. Consensus price target down from €5.48 to €4.85. Share price rose 4.6% to €2.35 over the past week. Price Target Changed • Apr 04
Price target decreased by 7.9% to €5.18 Down from €5.63, the current price target is an average from 6 analysts. New target price is 132% above last closing price of €2.24. Stock is down 61% over the past year. Reported Earnings • Mar 01
Full year 2023 earnings released Full year 2023 results: Revenue: €600.5m (down 3.4% from FY 2022). Net income: €11.7m (down 10% from FY 2022). Profit margin: 2.0% (down from 2.1% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Electrical industry in Europe. Aankondiging • Jan 24
Soltec Power Holdings, S.A. to Report Fiscal Year 2023 Results on Feb 28, 2024 Soltec Power Holdings, S.A. announced that they will report fiscal year 2023 results Pre-Market on Feb 28, 2024 Aankondiging • Oct 22
Soltec Power Holdings, S.A. to Report Q3, 2023 Results on Nov 14, 2023 Soltec Power Holdings, S.A. announced that they will report Q3, 2023 results Pre-Market on Nov 14, 2023 New Risk • Oct 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Spanish stocks, typically moving 5.5% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Share price has been highly volatile over the past 3 months (5.5% average weekly change). Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €2.58, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Electrical industry in Europe. Total loss to shareholders of 41% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €1.72 per share. Price Target Changed • Sep 28
Price target decreased by 9.2% to €5.73 Down from €6.31, the current price target is an average from 6 analysts. New target price is 88% above last closing price of €3.05. Stock is down 30% over the past year. The company is forecast to post earnings per share of €0.18 for next year compared to €0.14 last year. Reported Earnings • Sep 27
First half 2023 earnings released: €0.16 loss per share (vs €0.11 loss in 1H 2022) First half 2023 results: €0.16 loss per share (further deteriorated from €0.11 loss in 1H 2022). Revenue: €195.2m (down 30% from 1H 2022). Net loss: €14.4m (loss widened 45% from 1H 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Electrical industry in Europe. Price Target Changed • Sep 06
Price target decreased by 8.5% to €6.30 Down from €6.88, the current price target is an average from 6 analysts. New target price is 66% above last closing price of €3.80. Stock is down 26% over the past year. The company is forecast to post earnings per share of €0.20 for next year compared to €0.14 last year. Aankondiging • Jul 12
Soltec Power Holdings, S.A. to Report First Half, 2023 Results on Sep 26, 2023 Soltec Power Holdings, S.A. announced that they will report first half, 2023 results on Sep 26, 2023 Major Estimate Revision • Mar 08
Consensus EPS estimates increase by 22% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from €590.3m to €603.8m. EPS estimate increased from €0.184 to €0.225 per share. Net income forecast to grow 44% next year vs 16% growth forecast for Electrical industry in Spain. Consensus price target up from €6.48 to €6.66. Share price was steady at €6.12 over the past week. Reported Earnings • Mar 02
Full year 2022 earnings released: €0.16 loss per share (vs €0.012 loss in FY 2021) Full year 2022 results: €0.16 loss per share. Revenue: €622.2m (up 48% from FY 2021). Net income: €13.1m (up €14.2m from FY 2021). Profit margin: 2.1% (up from net loss in FY 2021). Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electrical industry in Europe. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improved over the past week After last week's 18% share price gain to €5.20, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 17x in the Electrical industry in Europe. Total loss to shareholders of 14% over the past year. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €4.24, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the Electrical industry in Europe. Total loss to shareholders of 29% over the past year. Major Estimate Revision • Nov 17
Consensus EPS estimates increase by 117% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from €484.3m to €513.3m. EPS estimate increased from €0.02 to €0.05 per share. Net income forecast to grow 30% next year vs 19% growth forecast for Electrical industry in Spain. Consensus price target of €6.42 unchanged from last update. Share price rose 2.1% to €4.70 over the past week. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buying Opportunity • Nov 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €5.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings is also forecast to grow by 49% per annum over the same time period. Major Estimate Revision • Oct 15
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 consensus EPS increased from €0.01 to €0.02. Revenues were reaffirmed at €484.3m. Net income forecast to grow 35% next year vs 19% growth forecast for Electrical industry in Spain. Consensus price target of €6.42 unchanged from last update. Share price fell 6.2% to €3.93 over the past week. Major Estimate Revision • Sep 24
Consensus EPS estimates increase by 25% The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from €449.5m to €484.3m. EPS estimate increased from €0.01 to €0.01 per share. Net income forecast to grow 32% next year vs 24% growth forecast for Electrical industry in Spain. Consensus price target of €6.42 unchanged from last update. Share price fell 13% to €4.25 over the past week. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorated over the past week After last week's 20% share price decline to €4.48, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 17x in the Electrical industry in Europe. Total loss to shareholders of 40% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €8.34 per share. Price Target Changed • Jun 02
Price target decreased to €6.47 Down from €7.40, the current price target is an average from 3 analysts. New target price is 50% above last closing price of €4.31. Stock is down 36% over the past year. The company is forecast to post a net loss per share of €0.03 next year compared to a net loss per share of €0.012 last year. Major Estimate Revision • Jun 01
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 losses forecast to reduce from -€0.05 to -€0.03 per share. Revenue forecast steady at €509.0m. Electrical industry in Spain expected to see average net income growth of 15% next year. Consensus price target of €7.03 unchanged from last update. Share price rose 8.1% to €4.25 over the past week. Price Target Changed • May 18
Price target decreased to €6.90 Down from €7.88, the current price target is an average from 4 analysts. New target price is 85% above last closing price of €3.73. Stock is down 45% over the past year. The company is forecast to post earnings per share of €0.15 next year compared to a net loss per share of €0.012 last year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buying Opportunity • Mar 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 31%. The fair value is estimated to be €5.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% per annum over the last 3 years. The company became loss making over the last year. Price Target Changed • Feb 25
Price target decreased to €7.40 Down from €8.25, the current price target is an average from 4 analysts. New target price is 63% above last closing price of €4.53. Stock is down 44% over the past year. The company is forecast to post a net loss per share of €0.15 next year compared to a net loss per share of €0.075 last year. Buying Opportunity • Feb 14
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 40%. The fair value is estimated to be €5.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% per annum over the last 3 years. The company became loss making over the last year. Reported Earnings • Oct 03
First half 2021 earnings released: €0.22 loss per share (vs €0.15 loss in 1H 2020) The company reported a poor first half result with increased losses, weaker revenues and weaker control over costs. First half 2021 results: Revenue: €90.8m (down 22% from 1H 2020). Net loss: €19.9m (loss widened 113% from 1H 2020). Reported Earnings • Mar 02
Full year 2020 earnings released: €0.075 loss per share (vs €0.022 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €240.0m (down 33% from FY 2019). Net loss: €4.92m (down 468% from profit in FY 2019). Analyst Estimate Surprise Post Earnings • Mar 02
Revenue and earnings miss expectations Revenue missed analyst estimates by 26%. Earnings per share (EPS) were also behind analyst expectations. Over the next year, revenue is forecast to grow 144%, compared to a 20% growth forecast for the Electrical industry in Spain. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €8.90, the stock is trading at a trailing P/E ratio of 63.9x, down from the previous P/E ratio of 76.9x. This compares to an average P/E of 29x in the Electrical industry in Europe. Aankondiging • Oct 29
Soltec Power Holdings, S.A. has completed an IPO in the amount of €150 million. Soltec Power Holdings, S.A. has completed an IPO in the amount of €150 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 31,120,332
Price\Range: €4.82
Transaction Features: ESOP Related Offering; Regulation S; Rule 144A