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SEDG

308.77USD+13.00(+4.40%)Market Closed

Solaredge Technologies Inc

Market Summary

USD308.77+13.00Market Closed
4.40%

SEDG Alerts

SEDG Stock Price

RSI Chart

Valuation

Market Cap

12.9B

Price/Earnings

90.65

Price/Sales

5.24

Price/Cashflow

195.96

MarketCap/EBT

79.34

Price/Sales

Profitability

Operating Margin

28.22%

EBT Margin

6.60%

Return on Equity

7.01%

Return on Assets

3.77%

Fundamentals

Revenue

Revenue (TTM)

2.8B

Revenue Y/Y

58.95%

Revenue Q/Q

14.97%

Earnings

Earnings (TTM)

113.9M

Earnings Y/Y

-53.36%

Earnings Q/Q

64.03%

Price Action

52 Week Range

190.15375.90
(Low)(High)

Last 7 days

2.3%

Last 30 days

41.9%

Last 90 days

15.6%

Trailing 12 Months

-3.1%

Financial Health

Current Ratio

3.73

Investor Care

Shares Dilution (1Y)

6.43%

Diluted EPS (TTM)

2.03

Peers (Alternatives to Solaredge Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
344.5B
28.6B
27.66% -47.43%
44.5
11.58
17.68% -27.42%
191.5B
31.7B
18.59% 0.01%
21.45
6.05
19.50% 82.82%
147.4B
20.2B
12.10% -5.63%
16.52
7.3
14.79% 21.94%
120.0B
69.5B
8.71% -38.23%
9.02
1.73
-11.38% -36.97%
100.1B
22.8B
27.89% -50.24%
31.98
4.64
53.70% -42.73%
14.1B
2.5B
12.16% 64.95%
149.27
5.6
-3.85% -79.08%
MID-CAP
7.0B
626.2M
41.68% -5.66%
51.67
11.99
30.27% 86.50%
5.1B
6.5B
35.86% 25.19%
7.35
0.78
19.23% 49.17%
3.9B
699.0M
19.09% -20.13%
20.84
5.38
2.60% 25.00%
SMALL-CAP
918.1M
799.0M
7.83% -32.89%
2.03
1.18
15.40% 533.32%
752.7M
1.3B
18.49% -37.02%
11.95
0.64
19.99% 7.15%
687.4M
1.8B
21.36% -42.59%
10.22
0.37
39.00% 721.30%
641.7M
135.3M
-1.64% -39.08%
719.35
4.77
15.85% -646.22%
449.5M
387.0M
-3.37% -47.58%
6.37
1.02
-23.64% -38.86%

Financials for Solaredge Tech

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue12.6%2,7712,4612,2131,9641,770
Gross Profit7.1%744695668629579
Operating Expenses6.3%532500454422399
  S&GA Expenses9.7%150137127119115
  R&D Expenses5.4%275261239220203
Earnings Before Taxes-1.1%161162195187177
Net Income-19.9%114142172169146
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets3.5%3,9043,7733,6832,9012,657
  Current Assets7.4%2,4522,2842,4621,7111,553
    Cash Equivalents-9.0%6787461,003530527
  Inventory19.4%561470433380305
  Net PPE0.5%491489474410353
  Goodwill-6.3%109116127130132
  Current Liabilities13.4%694612569525406
Shareholder's Equity1.2%2,0522,0282,0111,3101,242
  Retained Earnings3.5%723698683650609
  Additional Paid-In Capital2.7%1,4571,4191,373687652
Shares Outstanding0.5%5656555353
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-85.5%106627214152
  Share Based Compensation7.6%13612711410398
Cashflow From Investing1.6%-466.77-474.15-345.76-484.21-635.29
Cashflow From Financing-0.5%651654639-15.18-16.26

Risks

What is the probability of a big loss on SEDG?

79.2%


Probability that Solaredge Tech stock will be more than 20% underwater in next one year

74.2%


Probability that Solaredge Tech stock will be more than 30% underwater in next one year.

49.6%


Probability that Solaredge Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SEDG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Solaredge Tech was unfortunately bought at previous high price.

Returns

Cumulative Returns on SEDG

49.1%


7-Year Cumulative Returns

54.7%


5-Year Cumulative Returns

51.9%


3-Year Cumulative Returns

What are the long-term rolling returns for SEDG?

FIve years rolling returns for Solaredge Tech.

Which funds bought or sold SEDG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
-
-
-238,000
-
-%
2022-11-23
Toroso Investments, LLC
REDUCED
-3.29
-791,000
3,552,000
0.15%
2022-11-22
Seaport Global Advisors, LLC
-
-
-139,000
213,000
0.87%
2022-11-22
B. Riley Wealth Advisors, Inc.
REDUCED
-55.11
-364,000
224,000
0.01%
2022-11-22
IHT Wealth Management, LLC
-
-
279,000
793,000
0.06%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,334,000
1,334,000
0.02%
2022-11-22
CVA Family Office, LLC
-
-
-2,000
12,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-1,890,000
16,077,000
0.03%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
2,516,000
2,516,000
-%
2022-11-18
National Pension Service
REDUCED
-1.79
-3,648,000
19,930,000
0.04%

1–10 of 42

Latest Funds Activity

Are funds buying SEDG calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own SEDG

Solaredge Tech News

StreetInsider.com

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Vintage Wine, SolarEdge, Unisys, and Rent the Runway and Encourages Investors to Contact the Firm.36 hours ago

Investor's Business Daily

GuruFocus.com

SEDG Fair Value

Solaredge Tech fair value in different scenarios

The table shows the Fair Value estimates for Solaredge Tech for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

84.01

-72.79%

131.07

-57.55%

256.10

-17.06%

365.79

18.47%

496.05

60.65%

Current Inflation

76.24

-75.31%

116.45

-62.29%

222.31

-28.00%

315.66

2.23%

425.49

37.80%

Very High Inflation

66.72

-78.39%

99.01

-67.93%

183.00

-40.73%

257.68

-16.55%

344.44

11.55%

Historical Solaredge Tech Fair Value Estimates


Recent SEC filings of Solaredge Tech

View All Filings
Date Filed Form Type Document
Nov 21, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 08, 2022
10-Q
Quarterly Report
Nov 07, 2022
8-K
Current Report
Oct 03, 2022
4
Insider Trading
Oct 03, 2022
4
Insider Trading
Oct 03, 2022
4
Insider Trading
Oct 03, 2022
4
Insider Trading
Oct 03, 2022
4
Insider Trading

Latest Insider Trading transactions for SEDG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-30
Prishkolnik Rachel
ACQUIRED
88,597.7
50.4255
1,757
VP,GC&Corporate Secretary
2022-11-30
Prishkolnik Rachel
SOLD
-948,190
294.652
-3,218
VP,GC&Corporate Secretary
2022-11-17
Adest Meir
SOLD
-750,725
300.29
-2,500
VP, Core Technologies
2022-11-15
Adest Meir
SOLD
-726,160
290.464
-2,500
VP, Core Technologies
2022-11-08
Adest Meir
SOLD
-625,750
250.3
-2,500
VP, Core Technologies
2022-09-19
Adest Meir
SOLD
-1,538,730
307.746
-5,000
VP, Core Technologies
2022-09-07
Adest Meir
SOLD
-698,344
306.56
-2,278
Chief Product Officer
2022-09-07
Adest Meir
ACQUIRED
59,338.3
49.8223
1,191
Chief Product Officer
2022-09-07
Prishkolnik Rachel
SOLD
-986,484
306.457
-3,219
VP,GC&Corporate Secretary
2022-09-07
Prishkolnik Rachel
ACQUIRED
88,532
50.3882
1,757
VP,GC&Corporate Secretary

1–10 of 50

Zvi Lando
3960
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 through five segments: Solar, Energy Storage, e-Mobility, Critical Power, and Automation Machines. 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, lithium-ion cells and battery packs, and uninterrupted power supply solutions, as well as virtual power plants, which helps to manage the load on the grid and grid stability. 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 founded in 2006 and is headquartered in Herzliya, Israel.

SEDG Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenues$ 836,723$ 526,404$ 2,219,577$ 1,411,950
Cost of revenues614,722353,8431,635,976943,123
Gross profit222,001172,561583,601468,827
Operating expenses:    
Research and development69,65955,666210,855155,307
Sales and marketing42,72629,383117,01785,752
General and administrative27,93321,09882,48360,317
Other operating expenses (income), net(2,724)01,9631,350
Total operating expenses137,594106,147412,318302,726
Operating income84,40766,414171,283166,101
Financial expense, net(33,025)(5,751)(52,785)(13,591)
Other income7,53307,5330
Income before income taxes58,91560,663126,031152,510
Income taxes34,1727,61553,08124,294
Net income$ 24,743$ 53,048$ 72,950$ 128,216
Net income per share:    
Net basic earnings per share of common stock$ 0.44$ 1.01$ 1.33$ 2.46
Net diluted earnings per share of common stock$ 0.43$ 0.96$ 1.29$ 2.32
Weighted average number of shares used in computing net basic earnings per share of common stock55,730,32852,355,86754,788,73452,056,233
Weighted average number of shares used in computing net diluted earnings per share of common stock58,747,53855,929,00057,886,04155,955,441

SEDG Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:  
Cash and cash equivalents$ 678,329$ 530,089
Marketable securities202,598167,728
Trade receivables, net of allowances of $4,283 and $2,626, respectively785,325456,339
Inventories, net561,352380,143
Prepaid expenses and other current assets224,169176,992
Total current assets2,451,7731,711,291
LONG-TERM ASSETS:  
Marketable securities688,753482,228
Deferred tax assets, net38,26827,572
Property, plant and equipment, net491,433410,379
Operating lease right-of-use assets, net62,53547,137
Intangible assets, net46,28658,861
Goodwill108,860129,629
Other long-term assets15,63833,856
Total long-term assets1,451,7731,189,662
Total assets3,903,5462,900,953
CURRENT LIABILITIES:  
Trade payables, net311,565252,068
Employees and payroll accruals71,90574,465
Warranty obligations97,22271,480
Deferred revenues and customers advances31,89617,789
Accrued expenses and other current liabilities181,892109,379
Total current liabilities694,480525,181
LONG-TERM LIABILITIES:  
Convertible senior notes, net623,721621,535
Warranty obligations248,917193,680
Deferred revenues176,824151,556
Finance lease liabilities45,50940,508
Operating lease liabilities46,39838,912
Other long-term liabilities15,57019,542
Total long-term liabilities1,156,9391,065,733
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS' EQUITY:  
Common stock of $0.0001 par value - Authorized: 125,000,000 shares as of September 30, 2022 and December 31, 2021; issued and outstanding: 55,894,106 and 52,815,395 shares as of September 30, 2022 and December 31, 2021, respectively65
Additional paid-in capital1,457,379687,295
Accumulated other comprehensive loss(128,266)(27,319)
Retained earnings723,008650,058
Total stockholders’ equity2,052,1271,310,039
Total liabilities and stockholders’ equity$ 3,903,546$ 2,900,953