SolarEdge Technologies, Inc.

NasdaqGS:SEDG Stock Report

Mkt Cap: US$18.3b

We’ve recently updated our valuation analysis.

SolarEdge Technologies Valuation

Is SEDG 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales 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 SEDG?

Other financial metrics that can be useful for relative valuation.

SEDG 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/Revenue6.3x
Enterprise Value/EBITDA66.9x
PEG Ratio4.7x

Price to Sales Ratio vs Peers

How does SEDG's PS Ratio compare to its peers?

The above table shows the PS ratio for SEDG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average3.3x
TER Teradyne
5.5x10.8%US$17.4b
ENTG Entegris
4.4x12.1%US$13.1b
AMKR Amkor Technology
1.1x2.4%US$7.3b
MKSI MKS Instruments
2.3x7.1%US$7.5b
SEDG SolarEdge Technologies
6.6x17.3%US$18.3b

Price-To-Sales vs Peers: SEDG is expensive based on its Price-To-Sales Ratio (6.6x) compared to the peer average (3.3x).


Price to Earnings Ratio vs Industry

How does SEDG's PE Ratio compare vs other companies in the US Semiconductor Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a16.2%
n/an/an/a

Price-To-Sales vs Industry: SEDG is expensive based on its Price-To-Sales Ratio (6.6x) compared to the US Semiconductor industry average (3.8x)


Price to Sales Ratio vs Fair Ratio

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

SEDG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.6x
Fair PS Ratio3x

Price-To-Sales vs Fair Ratio: SEDG is expensive based on its Price-To-Sales Ratio (6.6x) compared to the estimated Fair Price-To-Sales Ratio (3x).


Share Price vs Fair Value

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

Below Fair Value: SEDG ($327.61) is trading above our estimate of fair value ($158.38)

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


Analyst Price Targets

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

The above table shows the analyst SEDG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$327.61
US$355.21
+8.4%
12.3%US$416.00US$245.00n/a24
Jan ’24US$283.27
US$351.00
+23.9%
14.0%US$420.00US$245.00n/a26
Dec ’23US$295.77
US$337.92
+14.3%
14.4%US$420.00US$245.00n/a25
Nov ’23US$225.25
US$339.36
+50.7%
14.4%US$420.00US$241.00n/a25
Oct ’23US$231.46
US$366.72
+58.4%
11.8%US$428.00US$245.00n/a25
Sep ’23US$269.32
US$365.88
+35.9%
11.7%US$428.00US$245.00n/a25
Aug ’23US$358.59
US$355.33
-0.9%
17.4%US$490.00US$172.00n/a24
Jul ’23US$276.30
US$350.68
+26.9%
18.0%US$490.00US$172.00n/a25
Jun ’23US$272.48
US$351.38
+29.0%
18.3%US$490.00US$172.00n/a24
May ’23US$250.41
US$354.67
+41.6%
16.7%US$490.00US$184.00n/a24
Apr ’23US$322.83
US$351.39
+8.8%
15.8%US$439.00US$184.00n/a23
Mar ’23US$324.63
US$319.17
-1.7%
16.0%US$432.00US$184.00n/a23
Feb ’23US$242.23
US$336.36
+38.9%
17.0%US$441.00US$210.00US$327.6922
Jan ’23US$280.57
US$358.38
+27.7%
16.8%US$441.00US$210.00US$283.2721
Dec ’22US$315.05
US$362.36
+15.0%
16.8%US$441.00US$210.00US$295.7722
Nov ’22US$360.93
US$322.67
-10.6%
16.4%US$373.00US$184.00US$225.2521
Oct ’22US$272.12
US$321.29
+18.1%
16.2%US$373.00US$184.00US$231.4621
Sep ’22US$289.79
US$319.50
+10.3%
16.5%US$373.00US$184.00US$269.3220
Aug ’22US$259.48
US$306.00
+17.9%
16.3%US$373.00US$184.00US$358.5920
Jul ’22US$274.88
US$312.63
+13.7%
13.0%US$368.00US$220.00US$276.3019
Jun ’22US$248.47
US$310.24
+24.9%
13.7%US$368.00US$220.00US$272.4817
May ’22US$263.54
US$332.00
+26.0%
16.7%US$435.00US$205.00US$250.4116
Apr ’22US$283.39
US$330.44
+16.6%
16.5%US$435.00US$205.00US$322.8316
Mar ’22US$307.95
US$337.40
+9.6%
17.1%US$435.00US$205.00US$324.6315
Feb ’22US$300.82
US$312.87
+4.0%
21.5%US$435.00US$195.00US$242.2315

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies