S92D Stock Overview

Develops, produces, and sells PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. More details

S92D fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	1/6
Financial Health	4/6
Dividends	1/6

Rewards

Trading at 86.2% below our estimate of its fair value

Earnings are forecast to grow 30.81% per year

Risk Analysis

High level of non-cash earnings

Shares are highly illiquid

Profit margins (4.9%) are lower than last year (13.4%)

My Notes

Capture your thoughts, links and company narrative

SMA Solar Technology AG Competitors

PSK HOLDINGS

KOSDAQ:A031980

₩754.7b

CML Microsystems

AIM:CML

UK£43.4m

Xi'an Actionpower Electric

SHSE:688719

CN¥3.2b

Aehr Test Systems

NasdaqCM:AEHR

US$448.3m

Price History & Performance

Summary of share price highs, lows and changes for SMA Solar Technology
Historical stock prices
Current Share Price	€14.84
52 Week High	€52.03
52 Week Low	€14.84
Beta	1.36
1 Month Change	0%
3 Month Change	n/a
1 Year Change	-73.58%
3 Year Change	-59.20%
5 Year Change	-58.49%
Change since IPO	-54.75%

Recent updates

Shareholder Returns

	S92D	GB Semiconductor	GB Market
7D	0%	-5.4%	-0.6%
1Y	-73.6%	-31.5%	2.7%

Return vs Industry: S92D underperformed the UK Semiconductor industry which returned -31.5% over the past year.

Return vs Market: S92D underperformed the UK Market which returned 2.7% over the past year.

Price Volatility

Is S92D's price volatile compared to industry and market?
S92D volatility
S92D Average Weekly Movement	n/a
Semiconductor Industry Average Movement	8.5%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.5%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: S92D's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: Insufficient data to determine S92D's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1981	4,510	Jurgen Reinert	www.sma.de

SMA Solar Technology AG, together with its subsidiaries, develops, produces, and sells PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. The company operates in three segments: Home Solutions, Commercial & Industrial Solutions, and Large Scale & Project Solutions. It offers solar and battery inverters, hybrid inverters, system solutions and packages, solar batteries, DC technology, e-mobility charging solutions, monitoring and control, SMA echarger and commercial storage solutions, and Sunny Tripower X, as well as digital solutions to design, operate, and service PV systems and energy systems.

SMA Solar Technology AG Fundamentals Summary

How do SMA Solar Technology's earnings and revenue compare to its market cap?
S92D fundamental statistics
Market cap	€489.62m
Earnings (TTM)	€79.98m
Revenue (TTM)	€1.63b

6.1x

P/E Ratio

0.3x

P/S Ratio

Is S92D overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
S92D income statement (TTM)
Revenue	€1.63b
Cost of Revenue	€1.21b
Gross Profit	€417.85m
Other Expenses	€337.88m
Earnings	€79.98m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 27, 2025

Earnings per share (EPS)	2.30
Gross Margin	25.69%
Net Profit Margin	4.92%
Debt/Equity Ratio	25.6%

How did S92D perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

13%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 17:28
End of Day Share Price	2024/10/21 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

SMA Solar Technology AG is covered by 29 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
James Fontanelli	Arete Research Services LLP
Rupesh Madlani	Barclays
Lasse Stueben	Berenberg

SMA Solar Technology BATS-CHIXE:S92D Stock Report