SEDG - SolarEdge Technologies Inc Stock Price, Fair Value and News

60.45USD-4.90 (-7.50%)Market Closed

Market Summary

USD60.45-4.90

Market Closed

-7.50%

SEDG Stock Price

View Fullscreen

SEDG RSI Chart

SEDG Valuation

Market Cap

3.5B

Price/Earnings (Trailing)

100.59

Price/Sales (Trailing)

1.16

EV/EBITDA

27.06

Price/Free Cashflow

-9.85

SEDG Price/Sales (Trailing)

SEDG Profitability

Operating Margin

23.65%

EBT Margin

2.72%

Return on Equity

1.42%

Return on Assets

0.75%

Free Cashflow Yield

-10.15%

SEDG Fundamentals

SEDG Revenue

Revenue (TTM)

3.0B

Rev. Growth (Yr)

-64.52%

Rev. Growth (Qtr)

-56.43%

SEDG Earnings

Earnings (TTM)

34.3M

Earnings Growth (Yr)

-879.6%

Earnings Growth (Qtr)

-165.44%

Breaking Down SEDG Revenue

Last 7 days

-9.7%

Last 30 days

-1.8%

Last 90 days

-17%

Trailing 12 Months

-79.9%

How does SEDG drawdown profile look like?

SEDG Financial Health

Current Ratio

3.7

Debt/Equity

0.26

Debt/Cashflow

-0.29

SEDG Investor Care

Shares Dilution (1Y)

1.74%

Diluted EPS (TTM)

0.58

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	3.4B	3.7B	3.6B	3.0B
2022	2.2B	2.5B	2.8B	3.1B
2021	1.4B	1.6B	1.8B	2.0B
2020	1.6B	1.6B	1.5B	1.5B
2019	999.2M	1.1B	1.3B	1.4B
2018	701.9M	792.9M	862.9M	937.2M
2017	479.8M	491.1M	529.2M	607.0M
2016	463.5M	489.8M	503.3M	490.0M
2015	277.1M	325.1M	373.2M	424.7M
2014	106.1M	133.2M	181.2M	229.1M
2013	0	79.0M	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of SolarEdge Technologies Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 29, 2024	avery more	bought	474,250	67.75	7,000	-
Jan 03, 2024	bechor uri	acquired	-	-	10,796	chief operating officer
Jan 03, 2024	prishkolnik rachel	acquired	-	-	7,360	vp,gc&corporate secretary
Jan 03, 2024	faier ronen	acquired	-	-	10,796	chief financial officer
Jan 03, 2024	lando zvi	acquired	-	-	24,809	chief executive officer
Nov 09, 2023	avery more	bought	1,085,630	70.9563	15,300	-
Nov 09, 2023	gani marcel	bought	367,450	73.49	5,000	-
Aug 09, 2023	gross dana rebecca	acquired	-	-	1,788	-
Aug 09, 2023	faier ronen	bought	157,588	180	875	chief financial officer
Jun 02, 2023	adest meir	sold	-90,650	302	-300	vp, core technologies

Which funds bought or sold SEDG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	Financial Synergies Wealth Advisors, Inc.	unchanged	-	-213	71.00	-%
Apr 12, 2024	DNB Asset Management AS	reduced	-10.67	-3,095,360	6,500,140	0.03%
Apr 12, 2024	AdvisorNet Financial, Inc	sold off	-100	-1,123	-	-%
Apr 12, 2024	IMC-Chicago, LLC	new	-	1,236,610	1,236,610	-%
Apr 12, 2024	NORTHWEST INVESTMENT COUNSELORS, LLC	new	-	2,555	2,555	-%
Apr 12, 2024	ARMSTRONG ADVISORY GROUP, INC	unchanged	-	-	6,833	-%
Apr 12, 2024	Global Assets Advisory, LLC	new	-	1,005,000	1,005,000	0.05%
Apr 12, 2024	Guinness Atkinson Asset Management Inc	reduced	-2.8	-92,369	259,006	0.12%
Apr 11, 2024	OPTIMUM INVESTMENT ADVISORS	unchanged	-	-4,524	14,196	0.01%
Apr 11, 2024	SALEM INVESTMENT COUNSELORS INC	added	200	1,791	3,195	-%

Are Funds Buying or Selling SEDG?

Are funds buying SEDG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SEDG

No. of Funds

Unveiling SolarEdge Technologies Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 30, 2024	swedbank robur fonder ab	7.52%	4,273,621	SC 13G/A
Jan 08, 2024	blackrock inc.	15.8%	8,996,578	SC 13G/A
Mar 08, 2023	blackrock inc.	10.2%	5,745,859	SC 13G/A
Jan 27, 2023	blackrock inc.	9.3%	5,203,122	SC 13G/A
Jan 24, 2023	blackrock inc.	9.3%	5,203,122	SC 13G/A
Jul 08, 2022	blackrock inc.	10.3%	5,719,965	SC 13G
Feb 11, 2022	swedbank robur fonder ab	3.16%	1,657,113	SC 13G
Feb 09, 2022	fmr llc	-	0	SC 13G/A
Feb 08, 2022	blackrock inc.	8.5%	4,457,148	SC 13G/A
Feb 08, 2021	fmr llc	-	0	SC 13G

Recent SEC filings of SolarEdge Technologies Inc

View All Filings

Date Filed	Form Type	Document
Mar 04, 2024	4	Insider Trading
Feb 26, 2024	10-K	Annual Report
Feb 20, 2024	8-K	Current Report
Jan 30, 2024	SC 13G/A	Major Ownership Report
Jan 22, 2024	8-K	Current Report
Jan 08, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to SolarEdge Technologies Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
FSLR	18.8B	3.3B	19.35%	-15.57%	22.63	5.67	26.70%	1981.03%
ENPH	15.3B	2.3B	4.37%	-46.18%	34.78	6.66	-1.72%	10.46%
MID-CAP
SEDG	3.5B	3.0B	-1.80%	-79.88%	100.59	1.16	-4.30%	-63.39%
RUN	2.3B	2.3B	7.89%	-45.11%	-1.46	1.04	-2.65%	-1025.44%
SMALL-CAP
ARRY	1.8B	1.6B	3.41%	-43.29%	13.37	1.16	-3.72%	2996.57%
SHLS	1.4B	488.9M	-27.78%	-62.06%	34.61	2.92	49.55%	-68.23%
SPWR	413.9M	1.8B	-16.61%	-83.20%	-3.46	0.23	14.74%	-307.59%
BEEM	75.1M	69.3M	-23.70%	-53.81%	-4	1.08	200.07%	-35.41%
FTCI	56.5M	127.0M	2.27%	-84.27%	-1.12	0.45	3.20%	49.51%
SUNW	1.7M	154.9M	-	-97.50%	-0.03	0.01	10.63%	-80.26%
ASTI	455.3K	458.3K	-65.71%	-65.71%	-0.03	0.99	-62.52%	13.59%

SolarEdge Technologies Inc News

Latest updates

SolarEdge Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-56.4%	316	725	991	944	891	837	728	655	552	526	480	405	358	338	332	431	418	411	325	272	264
Cost Of Revenue	-36.1%	372	582	674	644	630	615	545	476	391	354	324	265	248	230	229	291	275	271	214	186	184
Gross Profit	-139.5%	-56.42	143	317	300	261	222	183	179	160	173	156	140	110	108	103	140	143	139	111	86.00	80.00
Operating Expenses	13.5%	181	160	167	156	266	138	147	128	119	106	101	96.00	96.00	78.00	73.00	72.00	93.00	73.00	65.00	58.00	56.00
S&GA Expenses	-3.9%	39.00	40.00	44.00	41.00	43.00	43.00	39.00	35.00	33.00	29.00	29.00	27.00	29.00	22.00	21.00	24.00	24.00	22.00	22.00	20.00	19.00
R&D Expenses	-6.3%	75.00	80.00	87.00	80.00	79.00	70.00	75.00	66.00	64.00	56.00	53.00	47.00	48.00	41.00	38.00	37.00	35.00	31.00	30.00	26.00	25.00
EBITDA Margin	-58.9%	0.05*	0.11*	0.13*	0.10*	0.07*	0.07*	0.08*	0.10*	0.11*	0.12*	0.12*	0.12*	-	-	-	-	-	-	-	-	-
Income Taxes	-247.5%	-53.20	36.00	34.00	29.00	30.00	34.00	7.00	12.00	-6.24	8.00	9.00	8.00	7.00	2.00	5.00	9.00	9.00	7.00	13.00	4.00	12.00
Earnings Before Taxes	-757.1%	-215	-25.11	154	168	51.00	59.00	22.00	45.00	35.00	61.00	54.00	38.00	25.00	46.00	42.00	51.00	62.00	49.00	46.00	22.00	24.00
EBT Margin	-72.2%	0.03*	0.10*	0.12*	0.09*	0.06*	0.06*	0.07*	0.09*	0.10*	0.10*	0.10*	0.11*	-	-	-	-	-	-	-	-	-
Net Income	-165.4%	-162	-61.18	120	138	21.00	25.00	15.00	33.00	41.00	53.00	45.00	30.00	18.00	44.00	37.00	42.00	53.00	42.00	33.00	19.00	13.00
Net Income Margin	-81.2%	0.01*	0.06*	0.08*	0.06*	0.03*	0.04*	0.06*	0.08*	0.09*	0.08*	0.09*	0.09*	-	-	-	-	-	-	-	-	-
Free Cashflow	-3263.3%	-180	-5.36	-134	-30.41	67.00	-27.64	29.00	-206	34.00	33.00	-2.04	-0.46	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.4%	4,588	4,651	4,697	4,496	4,266	3,904	3,773	3,683	2,901	2,657	2,564	2,465	2,437	2,278	1,606	1,514	1,495	1,338	1,222	1,177	964
Current Assets	-1.8%	3,304	3,363	3,449	3,242	2,900	2,452	2,284	2,462	1,711	1,553	1,489	1,585	1,719	1,745	1,073	956	933	835	731	718	677
Cash Equivalents	-38.6%	338	551	558	728	783	678	746	1,003	530	527	524	685	827	1,048	428	324	224	247	177	226	188
Inventory	22.6%	1,443	1,178	984	874	729	561	470	433	380	305	322	340	332	297	264	199	171	134	149	151	142
Net PPE	1.6%	615	605	581	556	544	491	489	474	410	353	340	312	303	258	226	196	177	150	140	133	119
Goodwill	4.4%	43.00	41.00	42.00	30.00	31.00	109	116	127	130	132	136	135	140	133	128	126	130	-	-	-	35.00
Current Liabilities	1.9%	893	877	898	900	890	694	612	569	525	406	400	398	436	383	405	390	437	335	294	248	226
Long Term Debt	0.1%	627	627	626	625	624	624	623	622	622	621	620	619	573	570	-	-	-	-	-	-	-
LT Debt, Non Current	0.1%	627	627	626	625	624	624	623	622	622	621	620	619	573	570	-	-	-	-	-	-	-
Shareholder's Equity	-3.2%	2,412	2,490	2,520	2,351	2,176	2,052	2,028	2,011	1,310	1,242	1,178	1,100	1,086	460	417	492	812	732	674	626	571
Retained Earnings	-17.3%	778	941	1,002	882	744	723	698	683	650	609	556	511	478	460	417	380	338	285	243	210	191
Additional Paid-In Capital	2.9%	1,681	1,634	1,596	1,546	1,506	1,457	1,419	1,373	687	652	625	596	604	574	512	492	476	450	432	417	372
Shares Outstanding	0.6%	57.00	57.00	57.00	56.00	56.00	56.00	54.00	53.00	52.00	52.00	52.00	52.00	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5.00	6.00	71.00	8.00
Float	-	-	-	15,100	-	-	-	-	-	-	-	15.10*	-	-	-	6,828	-	-	-	2,863	-	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-444.7%	-139,910	40,585	-88,711	7,923	111,300	5,558	77,415	-162,989	89,577	61,784	38,685	24,083	27,226	28,374	59,310	107,745	83,066	68,700	50,784	56,450	46,874
Share Based Compensation	-5.1%	34,930	36,815	38,965	39,235	38,607	35,751	37,074	34,107	29,203	26,185	24,052	23,153	24,316	16,259	13,961	12,773	21,668	17,609	11,372	9,704	8,691
Cashflow From Investing	-84.5%	-80,707	-43,733	-76,674	-67,780	-36,530	-54,581	-310,799	-15,134	-86,252	-61,961	-182,416	-153,582	-237,336	-26,177	46,800	-19,924	-94,456	-6,176	-35,176	-17,045	-35,493
Cashflow From Financing	44.1%	-651	-1,164	-4,919	-5,222	7,472	-1,271	-3,929	652,335	4,254	1,774	-19,144	-2,062	3,171	628,317	5,681	3,315	-4,714	-922	-64,755	-2,630	-15,870

SEDG Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenues	$ 2,976,528	$ 3,110,279	$ 1,963,865
Cost of revenues	2,272,705	2,265,631	1,334,547
Gross profit	703,823	844,648	629,318
Operating expenses:
Research and development	321,482	289,814	219,633
Sales and marketing	164,318	159,680	119,000
General and administrative	146,504	112,496	82,196
Goodwill impairment	0	90,104	0
Other operating expenses, net	31,314	26,434	1,350
Total operating expenses	663,618	678,528	422,179
Operating income	40,205	166,120	207,139
Financial income (expense), net	41,212	3,750	(20,014)
Other income (loss), net	(318)	7,285	99
Income before income taxes	81,099	177,155	187,224
Income taxes	46,420	83,376	18,054
Net loss from equity method investments	350	0	0
Net income	$ 34,329	$ 93,779	$ 169,170
Net basic earnings per share of common stock	$ 0.61	$ 1.7	$ 3.24
Net diluted earnings per share of common stock	$ 0.6	$ 1.65	$ 3.06
Weighted average number of shares used in computing net basic earnings per share of common stock	56,557,106	55,087,770	52,202,182
Weighted average number of shares used in computing net diluted earnings per share of common stock	57,237,518	58,100,649	55,971,030

SEDG Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS:
Cash and cash equivalents	$ 338,468	$ 783,112
Marketable securities	521,570	241,117
Trade receivables, net of allowances of $16,400 and $3,202, respectively	622,425	905,146
Inventories, net	1,443,449	729,201
Prepaid expenses and other current assets	378,394	241,082
Total current assets	3,304,306	2,899,658
LONG-TERM ASSETS:
Marketable securities	407,825	645,491
Deferred tax assets, net	80,912	44,153
Property, plant and equipment, net	614,579	543,969
Operating lease right-of-use assets, net	64,167	62,754
Intangible assets, net	35,345	19,929
Goodwill	42,996	31,189
Other long-term assets	37,601	18,806
Total long-term assets	1,283,425	1,366,291
Total assets	4,587,731	4,265,949
CURRENT LIABILITIES:
Trade payables, net	386,471	459,831
Employees and payroll accruals	76,966	85,158
Warranty obligations	183,047	103,975
Deferred revenues and customers advances	40,836	26,641
Accounts Payable and Other Accrued Liabilities, Current	205,911	214,112
Total current liabilities	893,231	889,717
LONG-TERM LIABILITIES:
Convertible senior notes, net	627,381	624,451
Warranty obligations	335,197	281,082
Deferred revenues	214,607	186,936
Finance lease liabilities	41,892	45,385
Operating lease liabilities	45,070	46,256
Other long-term liabilities	18,444	15,756
Total long-term liabilities	1,282,591	1,199,866
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS' EQUITY:
Common stock of $0.0001 par value - Authorized: 125,000,000 shares as of December 31, 2023 and December 31, 2022; issued and outstanding:57,123,437 and 56,133,404 shares as of December 31, 2023 and December 31, 2022, respectively	6	6
Additional paid-in capital	1,680,622	1,505,632
Accumulated other comprehensive loss	(46,885)	(73,109)
Retained earnings	778,166	743,837
Total stockholders’ equity	2,411,909	2,176,366
Total liabilities and stockholders' equity	$ 4,587,731	$ 4,265,949

About SolarEdge Technologies Inc

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide. It operates in Solar and All Other segments. The company offers inverters, power optimizers, communication devices, and smart energy management solutions used in residential, commercial, and small utility-scale solar installations; and a cloud-based monitoring platform that collects and processes information from the power optimizers and inverters, as well as monitors and manages the solar PV system. It also provides residential, commercial, and large scale PV, energy storage and backup, electric vehicle charging, and home energy management solutions, as well as grid services; and e-Mobility, automation machines, and lithium-ion cells and batteries, as well as virtual power plants. In addition, the company offers pre-sales support, ongoing trainings, and technical support and after installation services. The company sells its products to the providers of solar PV systems; and solar installers and distributors, electrical equipment wholesalers, and PV module manufacturers, as well as engineering, procurement, and construction firms. SolarEdge Technologies, Inc. was incorporated in 2006 and is headquartered in Herzliya, Israel.

CEO	Mr. Zvi Lando
WEBSITE	solaredge.com
INDUSTRY	Solar
EMPLOYEES	4926

SolarEdge Technologies Inc Frequently Asked Questions

What is the ticker symbol for SolarEdge Technologies Inc? What does SEDG stand for in stocks?

SEDG is the stock ticker symbol of SolarEdge Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SolarEdge Technologies Inc (SEDG)?

As of Mon Apr 15 2024, market cap of SolarEdge Technologies Inc is 3.45 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SEDG stock?

You can check SEDG's fair value in chart for subscribers.

What is the fair value of SEDG stock?

You can check SEDG's fair value in chart for subscribers. The fair value of SolarEdge Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SolarEdge Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SEDG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SolarEdge Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether SEDG is over valued or under valued. Whether SolarEdge Technologies Inc is cheap or expensive depends on the assumptions which impact SolarEdge Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SEDG.

What is SolarEdge Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, SEDG's PE ratio (Price to Earnings) is 100.59 and Price to Sales (PS) ratio is 1.16. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SEDG PE ratio will change depending on the future growth rate expectations of investors.