SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide. More Details
High growth potential with adequate balance sheet.
Share Price & News
How has SolarEdge Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SEDG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: SEDG's weekly volatility (11%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: SEDG exceeded the US Semiconductor industry which returned 91.7% over the past year.
Return vs Market: SEDG exceeded the US Market which returned 56.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is SolarEdge Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StIs SolarEdge Technologies, Inc. (NASDAQ:SEDG) Worth US$269 Based On Its Intrinsic Value?
3 weeks ago | Simply Wall StSolarEdge Technologies (NASDAQ:SEDG) Seems To Use Debt Quite Sensibly
1 month ago | Simply Wall StHave Insiders Sold SolarEdge Technologies, Inc. (NASDAQ:SEDG) Shares Recently?
Is SolarEdge Technologies undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SEDG ($263.95) is trading above our estimate of fair value ($201.89)
Significantly Below Fair Value: SEDG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SEDG is poor value based on its PE Ratio (94.5x) compared to the US Semiconductor industry average (40.7x).
PE vs Market: SEDG is poor value based on its PE Ratio (94.5x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: SEDG is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: SEDG is overvalued based on its PB Ratio (12.5x) compared to the US Semiconductor industry average (5.3x).
How is SolarEdge Technologies forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SEDG's forecast earnings growth (28% per year) is above the savings rate (2%).
Earnings vs Market: SEDG's earnings (28% per year) are forecast to grow faster than the US market (18.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SEDG's revenue (18.9% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: SEDG's revenue (18.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SEDG's Return on Equity is forecast to be high in 3 years time (20.8%)
How has SolarEdge Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SEDG has high quality earnings.
Growing Profit Margin: SEDG's current net profit margins (9.6%) are lower than last year (10.3%).
Past Earnings Growth Analysis
Earnings Trend: SEDG's earnings have grown significantly by 22.5% per year over the past 5 years.
Accelerating Growth: SEDG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SEDG had negative earnings growth (-4.4%) over the past year, making it difficult to compare to the Semiconductor industry average (30%).
Return on Equity
High ROE: SEDG's Return on Equity (12.9%) is considered low.
How is SolarEdge Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: SEDG's short term assets ($1.7B) exceed its short term liabilities ($436.1M).
Long Term Liabilities: SEDG's short term assets ($1.7B) exceed its long term liabilities ($915.3M).
Debt to Equity History and Analysis
Debt Level: SEDG's debt to equity ratio (54.4%) is considered high.
Reducing Debt: Insufficient data to determine if SEDG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SEDG's debt is well covered by operating cash flow (37.7%).
Interest Coverage: SEDG's interest payments on its debt are well covered by EBIT (38.5x coverage).
What is SolarEdge Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SEDG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SEDG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SEDG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SEDG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SEDG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Zivi Lando (55 yo)
Mr. Zvi Lando, also known as Zivi, serves as the Chief Executive Officer at SolarEdge Technologies, Inc. since 2019 and serves as Director since February 2020 and was its Vice President of Global Sales. Mr...
CEO Compensation Analysis
Compensation vs Market: Zivi's total compensation ($USD2.08M) is below average for companies of similar size in the US market ($USD10.98M).
Compensation vs Earnings: Zivi's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: SEDG's management team is seasoned and experienced (10.3 years average tenure).
Experienced Board: SEDG's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SEDG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4%.
SolarEdge Technologies, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: SolarEdge Technologies, Inc.
- Ticker: SEDG
- Exchange: NasdaqGS
- Founded: 2006
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: US$13.615b
- Shares outstanding: 51.58m
- Website: https://www.solaredge.com
Number of Employees
- SolarEdge Technologies, Inc.
- 1 HaMada Street
- POB 12001
SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide. It offers inve...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/11 23:14|
|End of Day Share Price||2021/04/09 00:00|
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.