The following analysis and prediction of SolarEdge Technologies, Inc.'s expected performance for the near term is based on a systematic, AI-powered analysis of their financial statement. On top of this, a number of particular general factors and ratios were also calculated and included. First, assessing the balance sheet metrics did not outperform the market benchmark. Next, the income statement parameters stayed at par with their benchmark in this time frame. Next, cash flow parameters outperformed the market benchmark. Last, the most historically impactful financial ratios indicate that in the upcoming quarter their performance should outperform the benchmark. With all factors taken together, our bottom line evaluation of SolarEdge Technologies, Inc. warranted a total score of 78.
SolarEdge Technologies, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 655.08 million compared to USD 405.49 million a year ago. Net income was USD 33.12 million compared to USD 30.08 million a year ago. Basic earnings per share from continuing operations was USD 0.62 compared to USD 0.58 a year ago. Diluted earnings per share from continuing operations was USD 0.6 compared to USD 0.55 a year ago.
Business Description
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.
Sector Overview
SolarEdge Technologies, Inc. is included in the Semiconductors & Semiconductor Equipment according to GICS (global industry classification standard). The Semiconductors & Semiconductor Equipment industry is part of the Information Technology sector. It includes manufacturers of semiconductors, semiconductor equipment, and related products. SolarEdge Technologies, Inc.'s industry and sector affiliation are not expected to particularly benefit, nor be weighed down by macroeconomic factors at this time.
Parameter | Value | Change | Score | |
---|---|---|---|---|
Free Cashflow | 1.24 | 250% | 97 | |
Cashflow | -297.06 | 43% | 60 | |
Asset Turnover | 0.74 | 3% | 82 | |
Price to Book | 11.31 | 1% | 77 | |
Return on Equity | 14.12 | 10% | 80 |
* All values are TTM
The below chart reflects SolarEdge Technologies, Inc.'s birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While SolarEdge Technologies, Inc.'s peer average final assessment score stands on 75, SolarEdge Technologies, Inc.'s score is 78.
Name | Market Cap | Balance Sheet | Income Statement | Cash Flow | General Factors | Rating | Final Assessment | mc_sort | Hidden |
---|---|---|---|---|---|---|---|---|---|
NVIDIA Corporation | 443.4B | 80 | 63 | 84 | 81 | Buy 82 |
82 | 0 | 1 |
Broadcom Inc. | 240.2B | 70 | 72 | 79 | 71 | Hold 77 |
77 | 1 | 1 |
Intel Corporation | 178.3B | 58 | 70 | 65 | 64 | Hold 64 |
64 | 2 | 1 |
Texas Instruments Incorporated | 156.5B | 64 | 71 | 66 | 70 | Hold 70 |
70 | 3 | 1 |
Advanced Micro Devices, Inc. | 154.1B | 85 | 60 | 82 | 65 | Hold 76 |
76 | 4 | 1 |
QUALCOMM Incorporated | 151.1B | 68 | 66 | 65 | 87 | Hold 76 |
76 | 5 | 1 |
Applied Materials, Inc. | 98.8B | 72 | 70 | 83 | 66 | Hold 75 |
75 | 6 | 1 |
Analog Devices, Inc. | 83.1B | 64 | 58 | 78 | 73 | Hold 68 |
68 | 7 | 1 |
Micron Technology, Inc. | 80.3B | 74 | 69 | 90 | 82 | Buy 84 |
84 | 8 | 1 |
Lam Research Corporation | 68.2B | 84 | 68 | 77 | 80 | Buy 84 |
84 | 9 | 1 |
KLA Corporation | 50.2B | 83 | 64 | 80 | 84 | Buy 84 |
84 | 10 | 1 |
Marvell Technology, Inc. | 49.0B | 76 | 61 | 76 | 70 | Hold 73 |
73 | 11 | 1 |
NXP Semiconductors N.V. | 47.8B | 79 | 71 | 55 | 72 | Hold 75 |
75 | 12 | 1 |
Microchip Technology Incorporated | 37.3B | 72 | 68 | 81 | 81 | Buy 80 |
80 | 13 | 1 |
ON Semiconductor Corporation | 24.4B | 72 | 72 | 70 | 91 | Buy 84 |
84 | 14 | 1 |
Monolithic Power Systems, Inc. | 20.1B | 66 | 65 | 63 | 81 | Hold 72 |
72 | 15 | 1 |
Teradyne, Inc. | 17.2B | 80 | 70 | 83 | 68 | Buy 79 |
79 | 16 | 1 |
Skyworks Solutions, Inc. | 16.7B | 73 | 71 | 79 | 56 | Hold 71 |
71 | 17 | 1 |
Entegris, Inc. | 14.8B | 70 | 68 | 54 | 78 | Hold 72 |
72 | 18 | 1 |
Qorvo, Inc. | 11.4B | 71 | 72 | 53 | 72 | Hold 71 |
71 | 19 | 1 |
First Solar, Inc. | 6.8B | 72 | 62 | 42 | 78 | Hold 67 |
67 | 20 | 1 |
Lattice Semiconductor Corporation | 6.8B | 60 | 67 | 79 | 85 | Hold 76 |
76 | 21 | 1 |
MKS Instruments, Inc. | 6.6B | 78 | 71 | 73 | 72 | Buy 79 |
79 | 22 | 1 |
Universal Display Corporation | 6.0B | 52 | 69 | 65 | 65 | Hold 61 |
61 | 23 | 1 |
Synaptics Incorporated | 5.8B | 86 | 76 | 60 | 63 | Hold 78 |
78 | 24 | 1 |
Silicon Laboratories Inc. | 5.3B | 93 | 74 | 87 | 63 | Buy 86 |
86 | 25 | 1 |
Tower Semiconductor Ltd. | 5.1B | 67 | 70 | 80 | 78 | Hold 78 |
78 | 26 | 1 |
CMC Materials, Inc. | 5.0B | 71 | 69 | 61 | 74 | Hold 73 |
73 | 27 | 1 |
Power Integrations, Inc. | 4.9B | 79 | 75 | 82 | 68 | Buy 81 |
81 | 28 | 1 |
Amkor Technology, Inc. | 4.7B | 79 | 67 | 74 | 82 | Buy 82 |
82 | 29 | 1 |
Allegro MicroSystems, Inc. | 4.5B | 73 | 82 | 54 | 83 | Buy 82 |
82 | 30 | 1 |
Cirrus Logic, Inc. | 4.5B | 62 | 69 | 68 | 67 | Hold 60 |
60 | 31 | 1 |
Semtech Corporation | 3.9B | 80 | 71 | 82 | 80 | Strong Buy 87 |
87 | 32 | 1 |
MACOM Technology Solutions Holdings, Inc. | 3.7B | 84 | 73 | 73 | 71 | Buy 82 |
82 | 33 | 1 |
Diodes Incorporated | 3.4B | 80 | 66 | 57 | 87 | Buy 80 |
80 | 34 | 1 |
MaxLinear, Inc. | 3.2B | 79 | 70 | 93 | 73 | Buy 86 |
86 | 35 | 1 |
Silicon Motion Technology Corporation | 3.2B | 78 | 71 | 72 | 72 | Buy 79 |
79 | 36 | 1 |
FormFactor, Inc. | 3.1B | 64 | 76 | 70 | 66 | Hold 72 |
72 | 37 | 1 |
Kulicke and Soffa Industries, Inc. | 3.1B | 76 | 64 | 84 | 87 | Buy 84 |
84 | 38 | 1 |
Ambarella, Inc. | 2.9B | 59 | 67 | 84 | 74 | Hold 72 |
72 | 39 | 1 |
Nova Ltd. | 2.8B | 70 | 63 | 87 | 83 | Buy 79 |
79 | 40 | 1 |
Rambus Inc. | 2.7B | 82 | 69 | 67 | 85 | Buy 84 |
84 | 41 | 1 |
SunPower Corporation | 2.6B | 63 | 55 | 47 | 57 | Underperform 52 |
52 | 42 | 1 |
Axcelis Technologies, Inc. | 1.9B | 83 | 64 | 88 | 89 | Strong Buy 88 |
88 | 43 | 1 |
Himax Technologies, Inc. | 1.6B | 82 | 66 | 80 | 89 | Strong Buy 87 |
87 | 44 | 1 |
Canadian Solar Inc. | 1.6B | 68 | 53 | 63 | 72 | Hold 64 |
64 | 45 | 1 |
Ultra Clean Holdings, Inc. | 1.4B | 75 | 62 | 66 | 88 | Buy 78 |
78 | 46 | 1 |
Cohu, Inc. | 1.4B | 76 | 75 | 63 | 60 | Hold 73 |
73 | 47 | 1 |
Impinj, Inc. | 1.2B | 74 | 63 | 50 | 39 | Underperform 54 |
54 | 48 | 1 |
SMART Global Holdings, Inc. | 1.1B | 70 | 67 | 49 | 85 | Hold 73 |
73 | 49 | 1 |
Veeco Instruments Inc. | 1.1B | 60 | 69 | 75 | 77 | Hold 73 |
73 | 50 | 1 |
Alpha and Omega Semiconductor Limited | 1.0B | 47 | 72 | 73 | 71 | Hold 66 |
66 | 51 | 1 |
Photronics, Inc. | 951.9M | 80 | 71 | 77 | 74 | Buy 82 |
82 | 52 | 1 |
PDF Solutions, Inc. | 885.5M | 73 | 72 | 53 | 77 | Hold 74 |
74 | 53 | 1 |
Ichor Holdings, Ltd. | 809.1M | 64 | 70 | 58 | 54 | Hold 61 |
61 | 54 | 1 |
CEVA, Inc. | 801.5M | 74 | 66 | 71 | 71 | Hold 74 |
74 | 55 | 1 |
When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. SolarEdge Technologies, Inc.'s stock is now priced above its 5-day, but below its 50-day and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near-term. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), SolarEdge Technologies, Inc.'s stock appears overbought. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 42.
Auditing the results from the balance sheet highlighted several key relationships that typically have the greatest effect on company performance in the next 3 months or longer. Generally, the balance sheet factors affect up to 29.4% of the chances of the company to over-perform for the coming months. First, assessing reviewing their debt service capabilities forecasts unexceptional momentum related to cash and cash equivalents. Generally, the debt service capabilities factors contribute up to 3.5% of the likelihood that the company will beat the market. Next, looking at the company's assets shows unexceptional momentum in terms of assets changes. The strength of a company's assets affect up to 12.3% of the likelihood that the company will over-perform. Third, looking at the company's debt structure suggests very good developments with respect to liabilities movement. In general, the debt structure factors will impact up to 12.3% of a company's probability to over-perform the market. Last, their intangible assets and technical changes indicates passable execution in terms of shareholders' equity and intangible assets adjustments. Intangible assets and technical changes contribute roughly 1.3% of the chances of the company to over-perform the market in the course of the current market. Our cumulative ranking of SolarEdge Technologies, Inc.'s balance sheet deserved the weighted score of 76.
Parameter | Value | Change | Score |
---|---|---|---|
Assets | 2,892.06 | 9% | 62 |
Capital Expenditure | -149.25 | -12% | 58 |
Cash & Equivalents | 530.09 | 1% | 64 |
Equity | 1,310.04 | 5% | 67 |
Liabilities | 1,582.02 | 12% | 84 |
The below chart describes SolarEdge Technologies, Inc.'s performance as reflected on its balance sheet with respect to its peers. While SolarEdge Technologies, Inc. received a balance sheet score of 76, the average of its peers stands on 74.
Name | Market Cap | Liabilities Movement | Asset Change | Equity/Intangibles Adjustments | Cash & Equivalents | Capital Expenditure Growth | Balance Sheet | mc_sort | Hidden |
---|---|---|---|---|---|---|---|---|---|
NVIDIA Corporation | 443.4B | 69 | 63 | 75 | 91 | 81 | 80 | 0 | 1 |
Broadcom Inc. | 240.2B | 52 | 77 | 64 | 45 | 82 | 70 | 1 | 1 |
Intel Corporation | 178.3B | 43 | 69 | 70 | 39 | 51 | 58 | 2 | 1 |
Texas Instruments Incorporated | 156.5B | 64 | 59 | 78 | 44 | 40 | 64 | 3 | 1 |
Advanced Micro Devices, Inc. | 154.1B | 90 | 57 | 86 | 68 | 66 | 85 | 4 | 1 |
QUALCOMM Incorporated | 151.1B | 60 | 64 | 74 | 51 | 64 | 68 | 5 | 1 |
Applied Materials, Inc. | 98.8B | 52 | 77 | 65 | 70 | 66 | 72 | 6 | 1 |
Analog Devices, Inc. | 83.1B | 45 | 75 | 66 | 50 | 56 | 64 | 7 | 1 |
Micron Technology, Inc. | 80.3B | 65 | 64 | 68 | 76 | 82 | 74 | 8 | 1 |
Lam Research Corporation | 68.2B | 70 | 64 | 94 | 84 | 59 | 84 | 9 | 1 |
KLA Corporation | 50.2B | 70 | 69 | 85 | 74 | 67 | 83 | 10 | 1 |
Marvell Technology, Inc. | 49.0B | 62 | 82 | 53 | 80 | 56 | 76 | 11 | 1 |
NXP Semiconductors N.V. | 47.8B | 74 | 71 | 66 | 83 | 48 | 79 | 12 | 1 |
Microchip Technology Incorporated | 37.3B | 49 | 82 | 59 | 84 | 47 | 72 | 13 | 1 |
ON Semiconductor Corporation | 24.4B | 69 | 59 | 74 | 56 | 83 | 72 | 14 | 1 |
Monolithic Power Systems, Inc. | 20.1B | 64 | 64 | 68 | 45 | 63 | 66 | 15 | 1 |
Teradyne, Inc. | 17.2B | 63 | 73 | 73 | 68 | 84 | 80 | 16 | 1 |
Skyworks Solutions, Inc. | 16.7B | 53 | 72 | 74 | 58 | 82 | 73 | 17 | 1 |
Entegris, Inc. | 14.8B | 72 | 61 | 74 | 46 | 57 | 70 | 18 | 1 |
Qorvo, Inc. | 11.4B | 66 | 68 | 68 | 46 | 63 | 71 | 19 | 1 |
First Solar, Inc. | 6.8B | 61 | 73 | 63 | 71 | 50 | 72 | 20 | 1 |
Lattice Semiconductor Corporation | 6.8B | 60 | 59 | 65 | 41 | 66 | 60 | 21 | 1 |
MKS Instruments, Inc. | 6.6B | 61 | 70 | 70 | 90 | 81 | 78 | 22 | 1 |
Universal Display Corporation | 6.0B | 44 | 60 | 64 | 38 | 57 | 52 | 23 | 1 |
Synaptics Incorporated | 5.8B | 97 | 58 | 68 | 89 | 69 | 86 | 24 | 1 |
Silicon Laboratories Inc. | 5.3B | 97 | 55 | 99 | 97 | 53 | 93 | 25 | 1 |
Tower Semiconductor Ltd. | 5.1B | 57 | 71 | 62 | 57 | 60 | 67 | 26 | 1 |
CMC Materials, Inc. | 5.0B | 50 | 80 | 59 | 72 | 66 | 71 | 27 | 1 |
Power Integrations, Inc. | 4.9B | 73 | 68 | 75 | 38 | 93 | 79 | 28 | 1 |
Amkor Technology, Inc. | 4.7B | 62 | 70 | 75 | 90 | 68 | 79 | 29 | 1 |
Allegro MicroSystems, Inc. | 4.5B | 74 | 63 | 70 | 69 | 43 | 73 | 30 | 1 |
Cirrus Logic, Inc. | 4.5B | 42 | 84 | 63 | 51 | 41 | 62 | 31 | 1 |
Semtech Corporation | 3.9B | 72 | 70 | 59 | 78 | 83 | 80 | 32 | 1 |
MACOM Technology Solutions Holdings, Inc. | 3.7B | 81 | 63 | 76 | 93 | 58 | 84 | 33 | 1 |
Diodes Incorporated | 3.4B | 76 | 65 | 75 | 85 | 49 | 80 | 34 | 1 |
MaxLinear, Inc. | 3.2B | 66 | 73 | 69 | 90 | 53 | 79 | 35 | 1 |
Silicon Motion Technology Corporation | 3.2B | 65 | 71 | 76 | 63 | 74 | 78 | 36 | 1 |
FormFactor, Inc. | 3.1B | 42 | 74 | 65 | 56 | 68 | 64 | 37 | 1 |
Kulicke and Soffa Industries, Inc. | 3.1B | 49 | 65 | 91 | 82 | 87 | 76 | 38 | 1 |
Ambarella, Inc. | 2.9B | 73 | 56 | 58 | 37 | 43 | 59 | 39 | 1 |
Nova Ltd. | 2.8B | 69 | 60 | 69 | 46 | 84 | 70 | 40 | 1 |
Rambus Inc. | 2.7B | 70 | 76 | 75 | 41 | 90 | 82 | 41 | 1 |
SunPower Corporation | 2.6B | 81 | 48 | 71 | 38 | 42 | 63 | 42 | 1 |
Axcelis Technologies, Inc. | 1.9B | 76 | 66 | 85 | 73 | 53 | 83 | 43 | 1 |
Himax Technologies, Inc. | 1.6B | 85 | 59 | 79 | 79 | 59 | 82 | 44 | 1 |
Canadian Solar Inc. | 1.6B | 65 | 69 | 59 | 51 | 65 | 68 | 45 | 1 |
Ultra Clean Holdings, Inc. | 1.4B | 70 | 67 | 71 | 66 | 56 | 75 | 46 | 1 |
Cohu, Inc. | 1.4B | 43 | 81 | 74 | 64 | 97 | 76 | 47 | 1 |
Impinj, Inc. | 1.2B | 94 | 58 | 40 | 94 | 61 | 74 | 48 | 1 |
SMART Global Holdings, Inc. | 1.1B | 46 | 78 | 61 | 69 | 82 | 70 | 49 | 1 |
Veeco Instruments Inc. | 1.1B | 40 | 78 | 55 | 57 | 58 | 60 | 50 | 1 |
Alpha and Omega Semiconductor Limited | 1.0B | 37 | 47 | 75 | 71 | 53 | 47 | 51 | 1 |
Photronics, Inc. | 951.9M | 61 | 73 | 79 | 77 | 68 | 80 | 52 | 1 |
PDF Solutions, Inc. | 885.5M | 69 | 80 | 45 | 37 | 84 | 73 | 53 | 1 |
Ichor Holdings, Ltd. | 809.1M | 95 | 39 | 63 | 38 | 65 | 64 | 54 | 1 |
CEVA, Inc. | 801.5M | 78 | 69 | 58 | 54 | 55 | 74 | 55 | 1 |
Scrutiny of the company's income statement pointed to several specific metrics that typically have the greatest effect on company performance for the upcoming quarter. First, assessing SolarEdge Technologies, Inc.'s net income signals strong overperformance related to earnings movement. Typically, a company's net income contributes roughly 29.0% of a company's probability to beat the market Moreover, the company's cost of sales reveals neutral execution concerning capital expenditure growth. Historically, a Company's cost of sales contribute roughly 13.0% of a company's likelihood to beat the market. Third, SolarEdge Technologies, Inc.'s revenue reveals below average momentum concerning revenue momentum. Revenue momentum historically contributes up to 16.0% of the likelihood that a company will beat the market in the course of the near term. In summary, our evaluation of the company's income statement produced the score of 62.
Parameter | Value | Change | Score |
---|---|---|---|
EBITDA | 262.91 | 12% | 82 |
Total Revenues | 1,963.87 | 11% | 46 |
The below chart describes SolarEdge Technologies, Inc.'s performance as reflected on its income statement with respect to its peers. While SolarEdge Technologies, Inc. received a income statement score of 62 , the average of its peers stands on 68.
Name | Market Cap | Revenue Momentum | Earning Movement | Income Statement | mc_sort | Hidden |
---|---|---|---|---|---|---|
NVIDIA Corporation | 443.4B | 46 | 85 | 63 | 0 | 1 |
Broadcom Inc. | 240.2B | 68 | 77 | 72 | 1 | 1 |
Intel Corporation | 178.3B | 82 | 55 | 70 | 2 | 1 |
Texas Instruments Incorporated | 156.5B | 66 | 77 | 71 | 3 | 1 |
Advanced Micro Devices, Inc. | 154.1B | 46 | 79 | 60 | 4 | 1 |
QUALCOMM Incorporated | 151.1B | 53 | 82 | 66 | 5 | 1 |
Applied Materials, Inc. | 98.8B | 64 | 76 | 70 | 6 | 1 |
Analog Devices, Inc. | 83.1B | 41 | 80 | 58 | 7 | 1 |
Micron Technology, Inc. | 80.3B | 55 | 86 | 69 | 8 | 1 |
Lam Research Corporation | 68.2B | 63 | 74 | 68 | 9 | 1 |
KLA Corporation | 50.2B | 49 | 82 | 64 | 10 | 1 |
Marvell Technology, Inc. | 49.0B | 43 | 84 | 61 | 11 | 1 |
NXP Semiconductors N.V. | 47.8B | 63 | 81 | 71 | 12 | 1 |
Microchip Technology Incorporated | 37.3B | 56 | 84 | 68 | 13 | 1 |
ON Semiconductor Corporation | 24.4B | 58 | 89 | 72 | 14 | 1 |
Monolithic Power Systems, Inc. | 20.1B | 49 | 85 | 65 | 15 | 1 |
Teradyne, Inc. | 17.2B | 69 | 69 | 70 | 16 | 1 |
Skyworks Solutions, Inc. | 16.7B | 84 | 54 | 71 | 17 | 1 |
Entegris, Inc. | 14.8B | 61 | 76 | 68 | 18 | 1 |
Qorvo, Inc. | 11.4B | 83 | 57 | 72 | 19 | 1 |
First Solar, Inc. | 6.8B | 45 | 84 | 62 | 20 | 1 |
Lattice Semiconductor Corporation | 6.8B | 54 | 83 | 67 | 21 | 1 |
MKS Instruments, Inc. | 6.6B | 69 | 73 | 71 | 22 | 1 |
Universal Display Corporation | 6.0B | 81 | 53 | 69 | 23 | 1 |
Synaptics Incorporated | 5.8B | 65 | 88 | 76 | 24 | 1 |
Silicon Laboratories Inc. | 5.3B | 61 | 87 | 74 | 25 | 1 |
Tower Semiconductor Ltd. | 5.1B | 62 | 79 | 70 | 26 | 1 |
CMC Materials, Inc. | 5.0B | 75 | 62 | 69 | 27 | 1 |
Power Integrations, Inc. | 4.9B | 71 | 79 | 75 | 28 | 1 |
Amkor Technology, Inc. | 4.7B | 58 | 78 | 67 | 29 | 1 |
Allegro MicroSystems, Inc. | 4.5B | 72 | 92 | 82 | 30 | 1 |
Cirrus Logic, Inc. | 4.5B | 75 | 59 | 69 | 31 | 1 |
Semtech Corporation | 3.9B | 58 | 84 | 71 | 32 | 1 |
MACOM Technology Solutions Holdings, Inc. | 3.7B | 77 | 66 | 73 | 33 | 1 |
Diodes Incorporated | 3.4B | 53 | 84 | 66 | 34 | 1 |
MaxLinear, Inc. | 3.2B | 48 | 96 | 70 | 35 | 1 |
Silicon Motion Technology Corporation | 3.2B | 69 | 73 | 71 | 36 | 1 |
FormFactor, Inc. | 3.1B | 81 | 70 | 76 | 37 | 1 |
Kulicke and Soffa Industries, Inc. | 3.1B | 44 | 90 | 64 | 38 | 1 |
Ambarella, Inc. | 2.9B | 49 | 89 | 67 | 39 | 1 |
Nova Ltd. | 2.8B | 45 | 86 | 63 | 40 | 1 |
Rambus Inc. | 2.7B | 48 | 94 | 69 | 41 | 1 |
SunPower Corporation | 2.6B | 71 | 38 | 55 | 42 | 1 |
Axcelis Technologies, Inc. | 1.9B | 42 | 92 | 64 | 43 | 1 |
Himax Technologies, Inc. | 1.6B | 41 | 96 | 66 | 44 | 1 |
Canadian Solar Inc. | 1.6B | 46 | 64 | 53 | 45 | 1 |
Ultra Clean Holdings, Inc. | 1.4B | 43 | 86 | 62 | 46 | 1 |
Cohu, Inc. | 1.4B | 92 | 54 | 75 | 47 | 1 |
Impinj, Inc. | 1.2B | 49 | 81 | 63 | 48 | 1 |
SMART Global Holdings, Inc. | 1.1B | 45 | 94 | 67 | 49 | 1 |
Veeco Instruments Inc. | 1.1B | 75 | 62 | 69 | 50 | 1 |
Alpha and Omega Semiconductor Limited | 1.0B | 63 | 83 | 72 | 51 | 1 |
Photronics, Inc. | 951.9M | 60 | 85 | 71 | 52 | 1 |
PDF Solutions, Inc. | 885.5M | 54 | 94 | 72 | 53 | 1 |
Ichor Holdings, Ltd. | 809.1M | 68 | 73 | 70 | 54 | 1 |
CEVA, Inc. | 801.5M | 63 | 70 | 66 | 55 | 1 |
Reviewing the metrics in SolarEdge Technologies, Inc.'s cash flow pointed to several key results that provide meaningful signals for the next quarter. First, analysis of the companys flow of cash coming from operations, finance, and investments found unexceptional execution with connection to cash flow momentum. The flow of cash coming from operations, finance, and investments factors do contribute up to 5.3% of the likelihood that the company will over-perform its benchmark. In addition, their net cash flow suggests impressive results with respect to free cash flow growth. In general, these factors will influence up to 7.8% of a company's probability to over perform the market in the course of the current market. Our bottom line assessment of the companys cash flow produced a total score of 80.
Parameter | Value | Change | Score |
---|---|---|---|
Free Cashflow | 1.24 | 250% | 97 |
Cashflow | -297.06 | 43% | 60 |
The below chart describes SolarEdge Technologies, Inc.'s performance as reflected on its cash flow with respect to its peers. While SolarEdge Technologies, Inc. received a cash flow score of 80, the average of its peers stands on 71.
Name | Market Cap | Cashflow Momentum | Free Cashflow Growth | Cash Flow | mc_sort | Hidden |
---|---|---|---|---|---|---|
NVIDIA Corporation | 443.4B | 83 | 81 | 84 | 0 | 1 |
Broadcom Inc. | 240.2B | 80 | 75 | 79 | 1 | 1 |
Intel Corporation | 178.3B | 83 | 48 | 65 | 2 | 1 |
Texas Instruments Incorporated | 156.5B | 76 | 57 | 66 | 3 | 1 |
Advanced Micro Devices, Inc. | 154.1B | 83 | 78 | 82 | 4 | 1 |
QUALCOMM Incorporated | 151.1B | 76 | 56 | 65 | 5 | 1 |
Applied Materials, Inc. | 98.8B | 78 | 85 | 83 | 6 | 1 |
Analog Devices, Inc. | 83.1B | 76 | 77 | 78 | 7 | 1 |
Micron Technology, Inc. | 80.3B | 83 | 90 | 90 | 8 | 1 |
Lam Research Corporation | 68.2B | 63 | 87 | 77 | 9 | 1 |
KLA Corporation | 50.2B | 77 | 80 | 80 | 10 | 1 |
Marvell Technology, Inc. | 49.0B | 63 | 85 | 76 | 11 | 1 |
NXP Semiconductors N.V. | 47.8B | 57 | 56 | 55 | 12 | 1 |
Microchip Technology Incorporated | 37.3B | 79 | 80 | 81 | 13 | 1 |
ON Semiconductor Corporation | 24.4B | 54 | 84 | 70 | 14 | 1 |
Monolithic Power Systems, Inc. | 20.1B | 74 | 53 | 63 | 15 | 1 |
Teradyne, Inc. | 17.2B | 84 | 79 | 83 | 16 | 1 |
Skyworks Solutions, Inc. | 16.7B | 76 | 79 | 79 | 17 | 1 |
Entegris, Inc. | 14.8B | 61 | 50 | 54 | 18 | 1 |
Qorvo, Inc. | 11.4B | 57 | 52 | 53 | 19 | 1 |
First Solar, Inc. | 6.8B | 53 | 37 | 42 | 20 | 1 |
Lattice Semiconductor Corporation | 6.8B | 70 | 84 | 79 | 21 | 1 |
MKS Instruments, Inc. | 6.6B | 64 | 79 | 73 | 22 | 1 |
Universal Display Corporation | 6.0B | 73 | 57 | 65 | 23 | 1 |
Synaptics Incorporated | 5.8B | 47 | 74 | 60 | 24 | 1 |
Silicon Laboratories Inc. | 5.3B | 89 | 77 | 87 | 25 | 1 |
Tower Semiconductor Ltd. | 5.1B | 62 | 92 | 80 | 26 | 1 |
CMC Materials, Inc. | 5.0B | 61 | 61 | 61 | 27 | 1 |
Power Integrations, Inc. | 4.9B | 81 | 79 | 82 | 28 | 1 |
Amkor Technology, Inc. | 4.7B | 53 | 91 | 74 | 29 | 1 |
Allegro MicroSystems, Inc. | 4.5B | 52 | 59 | 54 | 30 | 1 |
Cirrus Logic, Inc. | 4.5B | 76 | 57 | 68 | 31 | 1 |
Semtech Corporation | 3.9B | 70 | 87 | 82 | 32 | 1 |
MACOM Technology Solutions Holdings, Inc. | 3.7B | 83 | 63 | 73 | 33 | 1 |
Diodes Incorporated | 3.4B | 54 | 63 | 57 | 34 | 1 |
MaxLinear, Inc. | 3.2B | 83 | 93 | 93 | 35 | 1 |
Silicon Motion Technology Corporation | 3.2B | 67 | 75 | 72 | 36 | 1 |
FormFactor, Inc. | 3.1B | 81 | 59 | 70 | 37 | 1 |
Kulicke and Soffa Industries, Inc. | 3.1B | 83 | 81 | 84 | 38 | 1 |
Ambarella, Inc. | 2.9B | 77 | 87 | 84 | 39 | 1 |
Nova Ltd. | 2.8B | 85 | 84 | 87 | 40 | 1 |
Rambus Inc. | 2.7B | 49 | 83 | 67 | 41 | 1 |
SunPower Corporation | 2.6B | 53 | 46 | 47 | 42 | 1 |
Axcelis Technologies, Inc. | 1.9B | 83 | 89 | 88 | 43 | 1 |
Himax Technologies, Inc. | 1.6B | 67 | 88 | 80 | 44 | 1 |
Canadian Solar Inc. | 1.6B | 77 | 51 | 63 | 45 | 1 |
Ultra Clean Holdings, Inc. | 1.4B | 74 | 59 | 66 | 46 | 1 |
Cohu, Inc. | 1.4B | 48 | 77 | 63 | 47 | 1 |
Impinj, Inc. | 1.2B | 52 | 53 | 50 | 48 | 1 |
SMART Global Holdings, Inc. | 1.1B | 47 | 54 | 49 | 49 | 1 |
Veeco Instruments Inc. | 1.1B | 94 | 56 | 75 | 50 | 1 |
Alpha and Omega Semiconductor Limited | 1.0B | 83 | 63 | 73 | 51 | 1 |
Photronics, Inc. | 951.9M | 58 | 92 | 77 | 52 | 1 |
PDF Solutions, Inc. | 885.5M | 67 | 42 | 53 | 53 | 1 |
Ichor Holdings, Ltd. | 809.1M | 77 | 41 | 58 | 54 | 1 |
CEVA, Inc. | 801.5M | 57 | 82 | 71 | 55 | 1 |
The cumulative analysis of the most critical factors in these critical factors in the reports provides us a panoramic perspective of SolarEdge Technologies, Inc.'s attractiveness for the coming quarters. Taking in consideration their performance related to general factors shows unexceptional execution with respect to macroeconomic environment. Further, reviewing their health and sustainability signals moderate execution related to book value momentum. Statistically, these factors will impact up to 12.0% of a company's probability to beat the market. Reviewing taking in consideration their capital efficiency shows solid performance with respect to assets factors momentum. In general, the capital efficiency factors will impact up to 11.5% of the probability that a company will beat the market in the course of the coming months. In particular, looking closer at investors' interest we see moderate results in terms of return factors momentum. Statistically, these factors contribute up to 2.3% of a company's likelihood to over-perform its benchmark throughout the coming months. In particular, focusing on their capital efficiency suggests solid performance with respect to assets factors momentum. Generally, the capital efficiency factors will impact up to 11.5% of the company's likelihood to beat the market throughout the coming months. Taking all these data points into consideration our bottom line grade for SolarEdge Technologies, Inc.'s general factors and ratios generated the score of 79.
Parameter | Value | Change | Score |
---|---|---|---|
Asset Turnover | 0.74 | 3% | 82 |
Price to Book | 11.31 | 1% | 77 |
Return on Equity | 14.12 | 10% | 80 |
The below chart describes SolarEdge Technologies, Inc.'s performance as reflected on its Financial Ratios with respect to its peers. While SolarEdge Technologies, Inc. received a Financial Ratios score of 79 , the average of its peers stands on None.
Name | Market Cap | Macro Environment | Book Value Momentum | Return Factors Momentum | Assets Factors Momentum | General Factors | mc_sort | Hidden |
---|---|---|---|---|---|---|---|---|
NVIDIA Corporation | 443.4B | 61 | 80 | 81 | 81 | 81 | 0 | 1 |
Broadcom Inc. | 240.2B | 61 | 52 | 87 | 86 | 71 | 1 | 1 |
Intel Corporation | 178.3B | 61 | 74 | 55 | 59 | 64 | 2 | 1 |
Texas Instruments Incorporated | 156.5B | 61 | 81 | 71 | 60 | 70 | 3 | 1 |
Advanced Micro Devices, Inc. | 154.1B | 61 | 83 | 68 | 50 | 65 | 4 | 1 |
QUALCOMM Incorporated | 151.1B | 61 | 93 | 78 | 81 | 87 | 5 | 1 |
Applied Materials, Inc. | 98.8B | 61 | 49 | 79 | 83 | 66 | 6 | 1 |
Analog Devices, Inc. | 83.1B | 61 | 50 | 81 | 95 | 73 | 7 | 1 |
Micron Technology, Inc. | 80.3B | 61 | 77 | 90 | 86 | 82 | 8 | 1 |
Lam Research Corporation | 68.2B | 61 | 88 | 73 | 73 | 80 | 9 | 1 |
KLA Corporation | 50.2B | 61 | 82 | 81 | 85 | 84 | 10 | 1 |
Marvell Technology, Inc. | 49.0B | 61 | 49 | 54 | 95 | 70 | 11 | 1 |
NXP Semiconductors N.V. | 47.8B | 61 | 56 | 86 | 87 | 72 | 12 | 1 |
Microchip Technology Incorporated | 37.3B | 61 | 68 | 90 | 91 | 81 | 13 | 1 |
ON Semiconductor Corporation | 24.4B | 61 | 92 | 92 | 88 | 91 | 14 | 1 |
Monolithic Power Systems, Inc. | 20.1B | 61 | 78 | 83 | 83 | 81 | 15 | 1 |
Teradyne, Inc. | 17.2B | 61 | 72 | 70 | 66 | 68 | 16 | 1 |
Skyworks Solutions, Inc. | 16.7B | 61 | 60 | 52 | 59 | 56 | 17 | 1 |
Entegris, Inc. | 14.8B | 61 | 82 | 75 | 74 | 78 | 18 | 1 |
Qorvo, Inc. | 11.4B | 61 | 58 | 77 | 86 | 72 | 19 | 1 |
First Solar, Inc. | 6.8B | 61 | 62 | 88 | 92 | 78 | 20 | 1 |
Lattice Semiconductor Corporation | 6.8B | 61 | 79 | 86 | 89 | 85 | 21 | 1 |
MKS Instruments, Inc. | 6.6B | 61 | 81 | 73 | 64 | 72 | 22 | 1 |
Universal Display Corporation | 6.0B | 61 | 75 | 56 | 60 | 65 | 23 | 1 |
Synaptics Incorporated | 5.8B | 61 | 84 | 84 | 42 | 63 | 24 | 1 |
Silicon Laboratories Inc. | 5.3B | 62 | 85 | 46 | 37 | 63 | 25 | 1 |
Tower Semiconductor Ltd. | 5.1B | 61 | 74 | 87 | 80 | 78 | 26 | 1 |
CMC Materials, Inc. | 5.0B | 61 | 73 | 69 | 77 | 74 | 27 | 1 |
Power Integrations, Inc. | 4.9B | 61 | 59 | 81 | 77 | 68 | 28 | 1 |
Amkor Technology, Inc. | 4.7B | 61 | 79 | 83 | 85 | 82 | 29 | 1 |
Allegro MicroSystems, Inc. | 4.5B | 61 | 77 | 94 | 85 | 83 | 30 | 1 |
Cirrus Logic, Inc. | 4.5B | 63 | 67 | 58 | 71 | 67 | 31 | 1 |
Semtech Corporation | 3.9B | 62 | 69 | 85 | 86 | 80 | 32 | 1 |
MACOM Technology Solutions Holdings, Inc. | 3.7B | 61 | 88 | 87 | 53 | 71 | 33 | 1 |
Diodes Incorporated | 3.4B | 61 | 85 | 88 | 86 | 87 | 34 | 1 |
MaxLinear, Inc. | 3.2B | 62 | 83 | 98 | 45 | 73 | 35 | 1 |
Silicon Motion Technology Corporation | 3.2B | 61 | 67 | 76 | 78 | 72 | 36 | 1 |
FormFactor, Inc. | 3.1B | 61 | 75 | 79 | 58 | 66 | 37 | 1 |
Kulicke and Soffa Industries, Inc. | 3.1B | 61 | 87 | 86 | 86 | 87 | 38 | 1 |
Ambarella, Inc. | 2.9B | 61 | 59 | 87 | 88 | 74 | 39 | 1 |
Nova Ltd. | 2.8B | 61 | 82 | 84 | 82 | 83 | 40 | 1 |
Rambus Inc. | 2.7B | 61 | 71 | 98 | 96 | 85 | 41 | 1 |
SunPower Corporation | 2.6B | 61 | 74 | 38 | 49 | 57 | 42 | 1 |
Axcelis Technologies, Inc. | 1.9B | 61 | 85 | 91 | 91 | 89 | 43 | 1 |
Himax Technologies, Inc. | 1.6B | 61 | 90 | 95 | 86 | 89 | 44 | 1 |
Canadian Solar Inc. | 1.6B | 61 | 59 | 55 | 89 | 72 | 45 | 1 |
Ultra Clean Holdings, Inc. | 1.4B | 61 | 83 | 86 | 92 | 88 | 46 | 1 |
Cohu, Inc. | 1.4B | 61 | 67 | 60 | 57 | 60 | 47 | 1 |
Impinj, Inc. | 1.2B | 61 | 37 | 83 | 42 | 39 | 48 | 1 |
SMART Global Holdings, Inc. | 1.1B | 61 | 73 | 95 | 94 | 85 | 49 | 1 |
Veeco Instruments Inc. | 1.1B | 61 | 60 | 90 | 92 | 77 | 50 | 1 |
Alpha and Omega Semiconductor Limited | 1.0B | 61 | 89 | 84 | 53 | 71 | 51 | 1 |
Photronics, Inc. | 951.9M | 61 | 67 | 91 | 79 | 74 | 52 | 1 |
PDF Solutions, Inc. | 885.5M | 61 | 57 | 82 | 95 | 77 | 53 | 1 |
Ichor Holdings, Ltd. | 809.1M | 61 | 71 | 50 | 43 | 54 | 54 | 1 |
CEVA, Inc. | 801.5M | 61 | 66 | 56 | 81 | 71 | 55 | 1 |
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