SMA Solar Technology AG

SMA Solar Technology AG

S92 · XETRA · Technology / Solar

45.26EUR-4.06 (-8.23%)

Price History

Full chart

Market Stats

Previous Close49.32
Open47.00
Day Range44.40 – 48.32
52-Week Range25.04 – 70.70
Volume207.92K
Market Cap1.65B
P/E (TTM)0.00
Forward P/E5.49
EPS-1.90
Dividend Yield0.00%
Beta0.79
50-Day Avg57.29
200-Day Avg51.07

About

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.

Company Details

  • SectorTechnology
  • IndustrySolar
  • CEODr. Jurgen Reinert Ph.D.
  • Employees3.65K
  • HeadquartersSonnenallee 1, Niestetal, Germany, 34266, Germany
  • Websitehttps://www.sma.de

Leadership

  • Dr. Jurgen Reinert Ph.D.CEO, Head of Operations, Technology, Strategy, Sales & Service and Chairman of Managing Board · b. 1968
  • Dr. Kaveh RouhiChief Financial & Legal Officer and Member of Managing Board · b. 1979
  • Mr. Olaf HeydenCOO, Chief Transformation Officer & Member of Executive Board · b. 1963
  • Julia DammManager of Investor Relations
  • Ms. Anja JasperHead of Corporate Communications
  • Mr. Marko WernerExecutive Vice President of European Sales · b. 1963
  • Ms. Jeanete KlokgetherExecutive Vice President of Sales & Marketing, Power Plant Solutions

Financials

Income Statement

Currency: EUR2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue192.92M327.34M681.59M934.32M1.92B1.68B1.46B932.52M805.43M999.64M946.71M891.05M760.93M915.07M1.03B983.67M1.07B1.90B1.53B1.52B
Growth (%)-+69.67%+108.22%+37.08%+105.51%-12.70%-12.70%-36.28%-13.63%+24.11%-5.29%-5.88%-14.60%+20.26%+12.19%-4.18%+8.36%+78.63%-19.65%-0.91%
Cost of Revenue118.30M204.28M427.82M593.01M1.23B1.21B1.12B787.58M672.38M785.69M704.02M691.49M688.86M749.30M859.82M808.22M841.68M1.34B1.28B1.40B
Gross Profit74.62M123.06M253.77M341.31M693.20M468.14M343.56M144.94M133.05M213.95M242.69M199.55M72.08M165.77M166.77M175.45M224.27M559.34M252.81M114.87M
Gross Margin38.68%37.59%37.23%36.53%36.10%27.93%23.48%15.54%16.52%21.40%25.63%22.40%9.47%18.12%16.24%17.84%21.04%29.38%16.52%7.58%
Operating Expense41.20M63.77M86.38M112.93M176.40M227.85M241.57M234.08M297.90M179.64M177.92M155.46M223.79M177.60M138.86M207.07M192.38M289.84M345.86M314.16M
Operating Income33.42M59.29M167.39M228.38M516.81M240.28M101.99M-89.14M-164.85M34.31M64.77M44.10M-151.71M-11.84M27.91M-31.61M31.89M269.50M-93.05M-199.28M
Operating Margin17.32%18.11%24.56%24.44%26.92%14.33%6.97%-9.56%-20.47%3.43%6.84%4.95%-19.94%-1.29%2.72%-3.21%2.99%14.15%-6.08%-13.15%
EBITDA43.03M76.36M180.70M249.58M551.27M294.87M176.34M-1.30M-64.24M124.01M143.27M101.97M-81.74M36.39M72.47M9.48M77.87M316.19M-15.61M-76.50M
EBITDA Margin22.31%23.33%26.51%26.71%28.71%17.59%12.05%-0.14%-7.98%12.41%15.13%11.44%-10.74%3.98%7.06%0.96%7.30%16.61%-1.02%-5.05%
Net Income20.47M36.76M119.53M161.12M365.04M166.05M75.11M-66.62M-179.02M14.30M29.60M30.15M-175.49M-8.63M28.09M-23.00M55.82M225.67M-117.73M-181.10M
Net Income Margin10.61%11.23%17.54%17.24%19.01%9.91%5.13%-7.14%-22.23%1.43%3.13%3.38%-23.06%-0.94%2.74%-2.34%5.24%11.85%-7.69%-11.95%
R&D15.59M19.72M33.02M49.07M71.95M83.76M83.04M73.34M80.93M59.24M58.16M64.55M68.30M52.18M55.99M50.23M51.60M78.59M96.63M90.67M
R&D as % of Total Revenue8.08%6.02%4.84%5.25%3.75%5.00%5.67%7.86%10.05%5.93%6.14%7.24%8.98%5.70%5.45%5.11%4.84%4.13%6.32%5.98%
Interest Expense591.00K1.22M1.43M1.49M1.85M3.37M1.07M4.53M5.82M6.69M4.96M3.18M3.62M1.17M1.66M2.46M6.17M5.04M10.58M15.18M
Interest Expense % of Total Revenue0.31%0.37%0.21%0.16%0.10%0.20%0.07%0.49%0.72%0.67%0.52%0.36%0.48%0.13%0.16%0.25%0.58%0.26%0.69%1.00%

Balance Sheet

Currency: EUR2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets112.34M163.23M469.56M718.65M1.25B1.37B1.33B1.26B1.18B1.16B1.21B1.22B989.27M1.11B1.05B1.05B1.11B1.62B1.54B1.31B
Total Liabilities71.62M98.79M188.80M311.06M523.04M584.96M508.01M535.52M628.31M590.25M625.65M604.69M564.79M690.42M612.05M642.09M646.50M935.73M987.91M940.43M
Total Equity40.72M64.44M280.76M407.59M728.41M789.30M820.66M724.26M551.98M570.23M585.11M611.52M424.48M416.89M439.15M410.41M463.52M686.18M553.32M365.54M
Cash33.52M52.85M240.68M225.01M354.08M371.10M185.30M192.37M183.99M200.18M216.12M234.85M142.64M214.79M123.71M113.98M165.35M219.38M195.83M190.79M
Total Debt12.67M11.62M80.56M121.95M152.73M77.11M35.56M73.38M69.36M46.92M40.35M20.82M20.41M34.51M41.13M46.66M23.66M31.85M196.23M140.03M
Net Debt-20.85M-41.23M-160.12M-103.06M-201.35M-293.99M-149.74M-118.99M-114.63M-153.26M-175.78M-214.03M-122.22M-180.28M-82.57M-67.32M-141.69M-187.53M-195.83M-50.77M

Cash Flow

Currency: EUR2006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow19.28M53.19M187.48M221.51M386.31M238.87M116.13M-2.45M-27.57M104.17M144.61M116.76M-54.27M-1.18M-31.38M94.26M28.66M140.78M-112.82M142.99M
Investing Cash Flow-7.81M-20.82M-94.50M-201.48M-210.71M-129.04M-260.06M34.37M24.65M-66.35M-108.38M-81.17M7.36M83.05M-36.53M-81.62M42.52M-85.99M-28.87M-33.31M
Financing Cash Flow-13.00M-13.00M94.60M-36.05M-46.76M-91.41M-43.23M-16.38M-9.97M-23.25M-24.58M-11.50M-14.52M-10.67M-12.37M-20.76M-19.34M-2.58M117.23M-111.97M
Capital Expenditure5.69M10.81M73.91M82.13M158.34M161.34M100.21M53.19M75.53M50.58M29.03M33.20M40.33M27.58M38.77M47.51M61.82M84.36M89.95M16.78M
Free Cash Flow13.58M42.38M113.56M139.38M227.97M77.53M15.92M-55.64M-103.10M53.59M115.58M83.57M-94.59M-28.77M-70.16M46.74M-33.16M56.41M-202.77M126.20M
Dividends Paid13.00M13.00M25.20M34.70M45.11M104.10M45.11M20.82M4.86M4.86M4.86M9.02M12.14M10.41M10.41M10.41M--17.35M0
FCF to OCF70.46%79.68%60.58%62.92%59.01%32.46%13.71%2273.80%373.96%51.45%79.93%71.57%174.31%2429.56%223.54%49.59%-115.67%40.07%179.73%88.26%
Dividend Paid to FCF95.71%30.67%22.19%24.90%19.79%134.27%283.28%-37.42%-4.71%9.06%4.20%10.80%-12.84%-36.19%-14.84%22.27%---8.56%0.00%

Earnings

Report DateJun 30, 2008Nov 14, 2008May 15, 2009Aug 14, 2009Nov 13, 2009May 14, 2010Aug 13, 2010Nov 12, 2010May 13, 2011Aug 12, 2011Nov 10, 2011Mar 29, 2012May 10, 2012Aug 9, 2012Nov 8, 2012Mar 27, 2013May 15, 2013Aug 7, 2013Nov 7, 2013Mar 27, 2014May 15, 2014Aug 7, 2014Nov 6, 2014Mar 26, 2015May 13, 2015Aug 13, 2015Nov 12, 2015Mar 30, 2016May 12, 2016Aug 11, 2016Nov 10, 2016Mar 30, 2017May 11, 2017Aug 10, 2017Nov 9, 2017Mar 30, 2018May 9, 2018Aug 9, 2018Nov 8, 2018Mar 28, 2019May 9, 2019Aug 8, 2019Nov 7, 2019Mar 26, 2020May 14, 2020Aug 13, 2020Nov 12, 2020Mar 24, 2021May 12, 2021Aug 12, 2021Nov 10, 2021Mar 31, 2022May 11, 2022Aug 11, 2022Nov 10, 2022Mar 30, 2023May 11, 2023Aug 9, 2023Nov 9, 2023Mar 27, 2024May 8, 2024Aug 8, 2024Nov 14, 2024Mar 5, 2025May 7, 2025Aug 7, 2025Nov 12, 2025Mar 26, 2026May 12, 2026Aug 12, 2026Nov 12, 2026
EPS Estimate--0.170.611.641.742.372.580.131.181.691.58-0.940.54--0.37-0.23-0.05----0.18--0.15--0.450.500.410.270.360.11----------0.070.07-0.100.070.540.110.17-0.06-1.100.05-0.240.440.171.041.312.221.141.130.23-0.41-2.20-0.23-0.75-4.48-1.050.470.590.83
EPS Actual0.891.320.160.591.731.922.644.000.301.821.521.150.850.860.62-0.17-0.16-0.27-0.13-1.36-0.48-0.81-0.26-3.60-0.23-0.390.220.800.540.020.50-0.210.180.260.470.610.080.32-0.08-5.38-0.30-0.100.110.05-0.010.090.190.540.230.150.06-1.100.09-0.390.621.291.491.492.221.300.820.45-0.27-4.390.16-1.38-2.94-1.06-0.052.14-
Surprise---5.88%-3.28%5.49%10.34%11.39%55.04%130.77%54.24%-10.06%-27.22%--8.51%14.81%-56.76%-17.39%-160.00%----44.44%--52.20%--77.78%8.00%-95.12%85.19%-158.33%63.64%-----------28.57%-114.29%190.00%171.43%0.00%109.09%-11.76%200.00%0.00%80.00%-62.50%40.91%658.82%43.22%13.74%0.00%14.38%-27.43%95.65%34.15%-99.55%169.57%-84.00%34.38%-0.95%-110.64%262.71%-
Timing--Pre-market-Pre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours---Pre-market-----After-hoursPre-market--------------Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-market-Pre-marketAfter-hoursPre-marketAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.65B
Enterprise Value1.44B
Trailing P/E0.00
Forward P/E5.49
PEG Ratio0.80
Price / Sales1.11
Price / Book3.82
EPS-1.90
Book Value12.72
Revenue (TTM)1.52B
Gross Profit (TTM)207.09M
EBITDA-47.09M
Profit Margin-4.35%
Operating Margin14.20%
Return on Equity-13.94%
Return on Assets-4.29%
Shares Outstanding34.70M
Shares Float27.76M
Beta0.79
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio21.74%

Dividends

20251×
0.50May 28, 2025
20241×
0.50May 29, 2024
20211×
0.30Jun 2, 2021
20181×
0.35May 25, 2018
20171×
0.26May 24, 2017
20161×
0.14Jun 1, 2016
20131×
0.60May 24, 2013
20121×
1.30May 23, 2012
20111×
3.00May 27, 2011
20101×
1.30May 28, 2010
20091×
1.00Jun 11, 2009