Subject of the day
S92.DE
SMA Solar Technology AG, together with its subsidiaries, develops, produces, and sells PV and battery inverters, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. The company operates in two segments: Home & Business Solutions and Large Scale & Project Solutions. It offers solar and battery inverters, hybrid inverters, system solutions and packages, solar batteries, e-mobility charging solutions, energy management solutions, 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. The company serves electric utility companies, independent power producers, project developers and institutional investors, EPCs, system integrators, and grid operators, as well as energy-intensive industries. The company was formerly known as SMA Technologie AG and changed its name to SMA Solar Technology AG in June 2008. SMA Solar Technology AG was founded in 1981 and is headquartered in Niestetal, Germany.
| Line | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|
| Revenue | $327.71M | $357.15M | $449.88M | $381.28M |
| Gross profit | $79.25M | $45.35M | -$38.41M | $36.46M |
| Operating income | $11.40M | -$30.41M | -$104.20M | -$20.00M |
| Net income | $5.53M | -$47.92M | -$102.15M | -$36.59M |
| Diluted EPS | 0.16 | -1.38 | -2.94 | — |
| Free cash flow | $96.05M | -$30.55M | $45.51M | -$17.95M |
| CapEx | -$13.59M | -$10.54M | -$14.01M | -$11.80M |
$57.10
▲ +1.90 (+3.4%)
| 52w hi | $68.10 |
|---|---|
| 52w lo | $15.90 |
| Vol | 186.57K |
| As of | Aug 13 |
Our score -0.04
| Short | -0.02 |
|---|---|
| Medium | +0.13 |
| Long | -0.43 |
computed 2026-08-13
SMA Solar Technology AG
Technology · Solar
| Market cap | $2.02B |
|---|---|
| Enterprise value | $1.95B |
| Trailing P/E | — |
| Forward P/E | 15.76x |
| EV / EBITDA | -15.63x |
| P / S (ttm) | — |
| Profit margin | -12.3% |
| Return on equity | -40.8% |
| Revenue growth | +4.0% |
| Earnings growth | — |
| Debt / equity | 25.73 |
| Beta vs SPX | 0.48 |
|---|---|
| Corr SPX | 0.10 |
| Annual vol | 77.5% |
| Annual ret | +76.1% |
| Sharpe | 0.98 |
| Max DD | -49.1% |
Window: 504 trading days (489 obs)
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | -0.14 | |
| Sector | +0.15 | |
| Technical | +0.00 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-08-13
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Aug 13 | $60.95 | $61.00 | $56.35 | — | 186.57K |
| Aug 12 | $56.30 | $58.55 | $56.30 | $57.10 | 79.21K |
| Aug 11 | $55.35 | $57.05 | $54.95 | $55.20 | 55.18K |
| Aug 10 | $54.95 | $57.15 | $54.70 | $54.70 | 88.17K |
| Aug 7 | $55.15 | $56.20 | $54.25 | $54.55 | 57.87K |