SMA Solar Technology Valuation

Q: What is the Fair Price of S92D when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

S92D (€23.82) is trading above our estimate of [[fair value]] (€1.09)

Is S92D undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of S92D when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: S92D (€23.82) is trading above our estimate of fair value (€1.09)

Significantly Below Fair Value: S92D is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for S92D?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for S92D. This is calculated by dividing S92D's market cap by their current preferred multiple.
What is S92D's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	€614.54m

S92D key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.3x
Enterprise Value/EBITDA	2.4x
PEG Ratio	-0.6x

Price to Earnings Ratio vs Peers

How does S92D's PE Ratio compare to its peers?

The above table shows the PE ratio for S92D vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	20.2x
6890 Ferrotec Holdings	7.1x	18.1%	JP¥110.6b
A031980 PSK HOLDINGS	15.8x	20.7%	₩984.3b
CML CML Microsystems	22.6x	n/a	UK£46.5m
688630 Circuit Fabology Microelectronics EquipmentLtd	35.4x	31.2%	CN¥6.9b
S92D SMA Solar Technology	3.7x	-6.0%	€614.5m

Price-To-Earnings vs Peers: S92D is good value based on its Price-To-Earnings Ratio (3.7x) compared to the peer average (20.2x).

Price to Earnings Ratio vs Industry

How does S92D's PE Ratio compare vs other companies in the European Semiconductor Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	93.6%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	93.6%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: S92D is good value based on its Price-To-Earnings Ratio (3.7x) compared to the European Semiconductor industry average (18.5x).

Price to Earnings Ratio vs Fair Ratio

What is S92D's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

S92D PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	3.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate S92D's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.