solaredge technologies inc. - SEDG

SEDG

Close Chg Chg %
10.73 1.15 10.72%

Closed Market

11.88

+1.15 (10.72%)

Volume: 5.50M

Last Updated:

Nov 22, 2024, 4:00 PM EDT

Company Overview: solaredge technologies inc. - SEDG

SEDG Key Data

Open

$10.72

Day Range

10.41 - 12.10

52 Week Range

10.24 - 103.15

Market Cap

$621.80M

Shares Outstanding

57.95M

Public Float

57.09M

Beta

1.58

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$29.05

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

6.53M

 

SEDG Performance

1 Week
 
11.65%
 
1 Month
 
-26.26%
 
3 Months
 
-58.71%
 
1 Year
 
-84.78%
 
5 Years
 
-84.44%
 

SEDG Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 35
Full Ratings ➔

About solaredge technologies inc. - SEDG

SolarEdge Technologies, Inc. engages in the development of energy technology, which provides inverter solutions. The firm operates through the following segments: Solar and All Other. The Solar segment includes the design, development, manufacturing, and sales of an inverter solution designed to maximize power generation. The All Other segment includes the design, development, manufacturing and sales of UPS products, energy storage products, e-Mobility products, and automated machines. Its products and services include photovoltaic inverters, power optimizers, photovoltaic monitoring, software tools, and electric vehicle chargers. The company was founded by Guy Sella, Lior Handelsman, Yoav Galin, Meir Adest, and Amir Fishelov in 2006 and is headquartered in Herzliya, Israel.

SEDG At a Glance

SolarEdge Technologies, Inc.
1 HaMada Street
Herzliya, Tel Aviv 4673335
Phone 972-9-957-6620 Revenue 2.98B
Industry Electrical Products Net Income 34.33M
Sector Producer Manufacturing Employees 5,633
Fiscal Year-end 12 / 2024
View SEC Filings

SEDG Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 156.052
Price to Sales Ratio 1.80
Price to Book Ratio 2.217
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA 26.531
Enterprise Value to Sales 1.758
Total Debt to Enterprise Value 0.141

SEDG Efficiency

Revenue/Employee 528,409.018
Income Per Employee 6,094.266
Receivables Turnover 3.115
Total Asset Turnover 0.672

SEDG Liquidity

Current Ratio 3.699
Quick Ratio 2.083
Cash Ratio 0.963

SEDG Profitability

Gross Margin 25.687
Operating Margin 4.705
Pretax Margin 2.725
Net Margin 1.153
Return on Assets 0.775
Return on Equity 1.496
Return on Total Capital 1.091
Return on Invested Capital 1.141

SEDG Capital Structure

Total Debt to Total Equity 30.486
Total Debt to Total Capital 23.364
Total Debt to Total Assets 16.028
Long-Term Debt to Equity 29.617
Long-Term Debt to Total Capital 22.698
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Solaredge Technologies Inc. - SEDG

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
1.46B 1.96B 3.11B 2.98B
Sales Growth
+2.36% +34.58% +58.38% -4.30%
Cost of Goods Sold (COGS) incl D&A
997.91M 1.33B 2.26B 2.21B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
31.83M 39.53M 49.68M 57.20M
Depreciation
22.36M 29.36M 40.58M 49.54M
Amortization of Intangibles
9.48M 10.18M 9.10M 7.65M
COGS Growth
+5.45% +33.77% +69.67% -2.34%
Gross Income
461.36M 628.99M 845.45M 764.59M
Gross Income Growth
-3.75% +36.33% +34.41% -9.56%
Gross Profit Margin
+31.62% +32.03% +27.18% +25.69%
2020 2021 2022 2023 5-year trend
SG&A Expense
322.23M 423.24M 555.77M 624.55M
Research & Development
163.12M 221.28M 285.67M 316.50M
Other SG&A
159.10M 201.96M 270.10M 308.05M
SGA Growth
+24.85% +31.35% +31.31% +12.38%
Other Operating Expense
- - - -
-
Unusual Expense
584.00K (8.07M) 115.16M 101.20M
EBIT after Unusual Expense
138.55M 213.81M 174.52M 38.84M
Non Operating Income/Expense
35.68M (15.32M) 13.44M 57.65M
Non-Operating Interest Income
4.90M 2.97M 10.55M 33.16M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
10.56M 11.27M 10.80M 15.39M
Interest Expense Growth
+81.31% +6.69% -4.15% +42.47%
Gross Interest Expense
10.56M 11.27M 10.80M 15.39M
Interest Capitalized
- - - -
-
Pretax Income
163.67M 187.22M 177.16M 81.10M
Pretax Income Growth
-8.36% +14.39% -5.38% -54.22%
Pretax Margin
+11.22% +9.53% +5.70% +2.72%
Income Tax
23.34M 18.05M 83.38M 46.42M
Income Tax - Current - Domestic
1.84M (7.87M) 56.96M 42.96M
Income Tax - Current - Foreign
24.94M 37.56M 37.47M 46.53M
Income Tax - Deferred - Domestic
2.79M (3.68M) (8.95M) (2.24M)
Income Tax - Deferred - Foreign
(6.23M) (7.96M) (2.10M) (40.83M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
140.32M 169.17M 93.78M 34.33M
Minority Interest Expense
- - - -
-
Net Income
140.32M 169.17M 93.78M 34.33M
Net Income Growth
-4.25% +20.56% -44.57% -63.39%
Net Margin Growth
+9.62% +8.61% +3.02% +1.15%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
140.32M 169.17M 93.78M 34.33M
Preferred Dividends
- - - -
-
Net Income Available to Common
140.32M 169.17M 93.78M 34.33M
EPS (Basic)
2.7943 3.2407 1.7024 0.607
EPS (Basic) Growth
-8.63% +15.98% -47.47% -64.34%
Basic Shares Outstanding
50.22M 52.20M 55.09M 56.56M
EPS (Diluted)
2.6578 3.0225 1.6141 0.5998
EPS (Diluted) Growth
-8.97% +13.72% -46.60% -62.84%
Diluted Shares Outstanding
52.80M 55.97M 58.10M 57.24M
EBITDA
170.97M 245.28M 339.36M 197.23M
EBITDA Growth
-28.72% +43.47% +38.35% -41.88%
EBITDA Margin
+11.72% +12.49% +10.91% +6.63%

Snapshot

Average Recommendation HOLD Average Target Price 12.438
Number of Ratings 35 Current Quarters Estimate -1.474
FY Report Date 12 / 2024 Current Year's Estimate -17.607
Last Quarter’s Earnings -15.33 Median PE on CY Estimate N/A
Year Ago Earnings 4.12 Next Fiscal Year Estimate -2.579
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 27 24 27 28
Mean Estimate -1.47 -1.22 -17.61 -2.58
High Estimates -0.94 -0.41 -6.17 -0.11
Low Estimate -2.19 -2.17 -25.49 -5.84
Coefficient of Variance -20.28 -33.16 -33.55 -57.16

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 3 5 5
OVERWEIGHT 0 1 1
HOLD 24 24 26
UNDERWEIGHT 1 0 0
SELL 7 5 3
MEAN Hold Hold Hold

Insider Actions for Solaredge Technologies Inc. - SEDG

Date Name Shares Transaction Value
Apr 18, 2024 Zvi Lando Chief Executive Officer 81,426 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Apr 18, 2024 Zvi Lando Chief Executive Officer 85,051 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2024 Avery More Director 77,446 Open market or private purchase of non-derivative security Non-derivative transaction at $67.75 per share 5,246,966.50

Solaredge Technologies Inc. in the News