SOLR

Solaer Renewable Energies TASE:SOLR Stock Report

Last Price

₪36.99

Market Cap

₪461.5m

7D

-4.8%

1Y

-2.6%

Updated

30 Sep, 2022

Data

Company Financials
SOLR fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

SOLR Stock Overview

Solaer Renewable Energies Ltd develops and installs photovoltaic solar arrays in ground-mounted and rooftop projects in Israel and Europe.

Risk Analysis

Has not reported any financial data


Solaer Renewable Energies Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Solaer Renewable Energies
Historical stock prices
Current Share Price₪36.99
52 Week High₪43.04
52 Week Low₪29.00
Beta0
1 Month Change-11.97%
3 Month Change10.35%
1 Year Change-2.61%
3 Year Changen/a
5 Year Changen/a
Change since IPO-22.32%

Recent News & Updates

Shareholder Returns

SOLRIL Renewable EnergyIL Market
7D-4.8%-2.9%-4.3%
1Y-2.6%7.3%-0.02%

Return vs Industry: SOLR underperformed the IL Renewable Energy industry which returned 7.3% over the past year.

Return vs Market: SOLR underperformed the IL Market which returned -0% over the past year.

Price Volatility

Is SOLR's price volatile compared to industry and market?
SOLR volatility
SOLR Average Weekly Movement3.9%
Renewable Energy Industry Average Movement4.9%
Market Average Movement4.6%
10% most volatile stocks in IL Market7.9%
10% least volatile stocks in IL Market3.1%

Stable Share Price: SOLR is not significantly more volatile than the rest of IL stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: SOLR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009n/an/ahttps://www.solaer.co.il

Solaer Renewable Energies Ltd develops and installs photovoltaic solar arrays in ground-mounted and rooftop projects in Israel and Europe. The company was founded in 2009 and is based in Rehovot, Israel.

Solaer Renewable Energies Fundamentals Summary

How do Solaer Renewable Energies's earnings and revenue compare to its market cap?
SOLR fundamental statistics
Market Cap₪461.45m
Earnings (TTM)₪0
Revenue (TTM)n/a

n/a

P/E Ratio

n/a

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SOLR income statement (TTM)
Revenue₪0
Cost of Revenue₪0
Gross Profit₪0
Other Expenses₪0
Earnings₪0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did SOLR perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

SOLR 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/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

How does SOLR's PB Ratio compare to its peers?

SOLR PB Ratio vs Peers
The above table shows the PB ratio for SOLR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average2.2x
SLGN Solegreen
0.7xn/a₪437.1m
ECNR Econergy Renewable Energy
4.6xn/a₪837.4m
SNFL Sunflower Sustainable Investments
1.2xn/a₪250.5m
PRIM Prime Energy P.E
2.2xn/a₪153.0m
SOLR Solaer Renewable Energies
n/an/a₪461.5m

Price-To-Book vs Peers: Insufficient data to calculate SOLR's Price-To-Book Ratio vs. peers for valuation analysis.


Price to Earnings Ratio vs Industry

How does SOLR's PE Ratio compare vs other companies in the Asian Renewable Energy Industry?

Price-To-Book vs Industry: Insufficient data to calculate SOLR's Price-To-Book Ratio vs. industry for valuation analysis.


Price to Book Ratio vs Fair Ratio

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

SOLR PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ration/a
Fair PB Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate SOLR's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate SOLR's fair value 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.


Discover undervalued companies

  • Take a look at our analysis of SOLR's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Future Growth

How is Solaer Renewable Energies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


21.3%

Forecasted Utilities industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Solaer Renewable Energies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

Past Performance

How has Solaer Renewable Energies performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


10.2%

Historical Utilities annual earnings growth

In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Solaer Renewable Energies has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Discover strong past performing companies

  • When a company lacks a financial track record, its management’s track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at Solaer Renewable Energies's management and board experience and expertise to assess their ability to deliver on their strategic promises.

Financial Health

How is Solaer Renewable Energies's financial position?

Financial Health Score

0/6

Financial Health Score 0/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

In this section we usually analyse Solaer Renewable Energies's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Solaer Renewable Energies has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Discover healthy companies

  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Solaer Renewable Energies's financial data was last updated here.

Dividend

What is Solaer Renewable Energies's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Solaer Renewable Energies Dividend Yield vs Market
How does Solaer Renewable Energies dividend yield compare to the market?
SegmentDividend Yield
Company (Solaer Renewable Energies)n/a
Market Bottom 25% (IL)2.1%
Market Top 25% (IL)6.5%
Industry Average (Renewable Energy)2.9%
Analyst forecast in 3 Years (Solaer Renewable Energies)n/a

Notable Dividend: Unable to evaluate SOLR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SOLR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SOLR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SOLR's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SOLR has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Solaer Renewable Energies has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of SOLR?
Owner TypeNumber of SharesOwnership Percentage
Institutions1,617,02513.0%
General Public10,857,97587.0%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 21 shareholders own 12.96% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
3.73%
Yelin Lapidot - Mutual Funds Management Ltd.
465,226₪17.2m0%0.22%
2.84%
Psagot Mutual Funds Ltd.
354,294₪13.1m0.01%0.23%
2.06%
Migdal Mutual Funds Ltd.
257,260₪9.5m0.6%0.02%
1.87%
Meitav Investment House Ltd
233,511₪8.6m0.2%0.02%
1.14%
Ayalon Mutual Funds Ltd.
142,547₪5.3m0.19%0.23%
0.32%
The Phoenix Investment and Finances Ltd.
39,978₪1.5m0.59%0.01%
0.28%
Harel Mutual Funds Ltd.
34,527₪1.3m-0.38%0.01%
0.13%
Best Alternative Portfolio Management Ltd.
16,052₪593.8k0%0.56%
0.12%
Pasternak Shoham Investment Management Ltd
15,268₪564.8k0%0.41%
0.12%
Sela Investment House (2016) Ltd
14,595₪539.9k0%0.4%
0.096%
Itay Slonim Investments Ltd.
12,000₪443.9k0%1.51%
0.062%
Quantum Capital Markets
7,681₪284.1k0%1.06%
0.057%
Ronen Zeharia Investment Ltd.
7,081₪261.9k0%0.06%
0.031%
Psagot Index Funds Ltd
3,890₪143.9k0%no data
0.031%
KZI Investments Management Ltd
3,890₪143.9k0%0.7%
0.03%
Analyst I.M.S. Investment Management Services Ltd
3,743₪138.5k1.35%no data
0.019%
Profound Investment House
2,325₪86.0k0%0.03%
0.015%
Yetsira Invest
1,850₪68.4k0%0.1%
0.0043%
I.B.I Mutual Funds Management (1978) Ltd.
542₪20.0k-7.35%no data
0.0036%
Dolphin 1 Investments Ltd.
448₪16.6k0%0.04%
0.0025%
Sigma Mutual Funds Ltd.
317₪11.7k0%no data

Company Information

Solaer Renewable Energies Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Solaer Renewable Energies Ltd
  • Ticker: SOLR
  • Exchange: TASE
  • Founded: 2009
  • Industry: Renewable Electricity
  • Sector: Utilities
  • Implied Market Cap: ₪461.450m
  • Shares outstanding: 12.48m
  • Website: https://www.solaer.co.il

Location

  • Solaer Renewable Energies Ltd
  • Rehovot
  • Israel


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SOLRTASE (The Tel-Aviv Stock Exchange)YesOrdinary SharesILILSFeb 2021

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/30 00:00
End of Day Share Price2022/09/29 00:00
EarningsN/A
Annual EarningsN/A


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.