SolarEdge Technologies, Inc. (SEDG) Q4 2021 Report Analysis
Corporate Events
SolarEdge Announces the Launch of SolarEdge Home Product Portfolio at Intersolar Europe 2022
2022-05-10 16:48:00
SolarEdge Technologies, Inc. announced the European launch of SolarEdge Home, a portfolio of home energy management products and solutions, at Intersolar 2022 in Munich. SolarEdge Home is an innovative home energy management solution that allows homeowners to optimize their solar energy production, usage and storage. Designed for both single and three-phase applications, the solution is comprised of the SolarEdge Home Inverters, Home Battery, Backup Interface, smart energy devices such as the SolarEdge EV Charger, Hot Water Controller and smart meters, and an operating system which synchronizes and manages the system devices. Developed to harvest more energy from the sun, the DC-coupled solution optimizes energy use by operating loads directly from the sun, storing access energy and providing real-time recommendations adapted to changing energy needs. The SolarEdge Home operating system bases the load and scheduling recommendations on the homeowner’s energy use patterns and preferences. It extends backup time and reduces dependency on the grid and is managed from a single mySolarEdge app, enabling homeowners to smartly manage and track their home solar usage, energy savings and carbon emission reduction.
SolarEdge Technologies, Inc. Provides Revenue Guidance for the Second Quarter Ending June 30, 2022
2022-05-02 20:05:00
SolarEdge Technologies, Inc. provided revenue guidance for the second quarter ending June 30, 2022. For the quarter, the company’s revenues to be within the range of $710 million to $740 million.
SolarEdge Technologies, Inc. Appoints Dirk Carsten Hoke to Its Board
2022-04-20 21:00:00
SolarEdge Technologies, Inc. announced the appointment of Mr. Dirk Carsten Hoke as a member of the board of directors. The appointment was approved unanimously by the board of directors. Hoke’s career spans more than 25 years and five continents in various industries. Most recently Mr. Hoke served from 2016 until 2021 as the Chief Executive Officer of Airbus Defence and Space and was also a member of Airbus’ Global Executive Committee.
SolarEdge Technologies, Inc. Announces Changes to its Board
2022-04-20 20:33:00
SolarEdge Technologies, Inc. announced Mr. Yoni Cheifetz notified of his intention to resign from the board of directors on April 19, 2022, effective immediately. Mr. Cheifetz’ resignation was not a result of any disagreements with the company on any matter relating to its operations, policies or practices. In addition, on April 19, 2022, Mr. Doron Inbar notified the company of his intention to resign from the board of directors, effective immediately. Mr. Inbar’s resignation was not a result of any disagreements with the company on any matter relating to its operations, policies or practices. Effective upon Messrs. Cheifetz and Inbar’s resignations as directors, the size of the board has been reduced from eight to seven directors.
SolarEdge Technologies, Inc. to Report Q1, 2022 Results on May 02, 2022
2022-04-18 20:30:00
SolarEdge Technologies, Inc. announced that they will report Q1, 2022 results After-Market on May 02, 2022
SolarEdge Technologies, Inc., Q1 2022 Earnings Call, May 02, 2022
2022-04-18 20:30:00
SolarEdge Technologies, Inc., Q1 2022 Earnings Call, May 02, 2022
SolarEdge Technologies, Inc. Presents at Citi’s 2022 Global Energy, Utilities and Climate Technology Conference, May-11-2022
2022-04-07 20:18:00
SolarEdge Technologies, Inc. Presents at Citi’s 2022 Global Energy, Utilities and Climate Technology Conference, May-11-2022 . Venue: Boston, Massachusetts, United States.
Credit Suisse Group AG, 2022 Credit Suisse Renewables and Utilities Conference, May 12, 2022
2022-04-01 14:27:00
Credit Suisse Group AG, 2022 Credit Suisse Renewables and Utilities Conference, May 12, 2022.
SolarEdge Technologies, Inc. Presents at 2022 Credit Suisse Renewables and Utilities Conference, May-12-2022
2022-04-01 14:27:00
SolarEdge Technologies, Inc. Presents at 2022 Credit Suisse Renewables and Utilities Conference, May-12-2022 .
Citigroup Inc., Citi’s 2022 Global Energy, Utilities and Climate Technology Conference, May 10, 2022 through May 11, 2022
2022-03-17 05:21:00
Citigroup Inc., Citi’s 2022 Global Energy, Utilities and Climate Technology Conference, May 10, 2022 through May 11, 2022. Venue: Boston, Massachusetts, United States.
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) added to S&P 500 Growth
2021-12-21 00:00:00
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) added to S&P 500 Growth
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) added to S&P 500
2021-12-20 00:00:00
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) added to S&P 500
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) added to S&P 500 Value
2021-12-20 00:00:00
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) added to S&P 500 Value
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) added to S&P Global 1200
2021-12-20 00:00:00
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) added to S&P Global 1200
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) added to S&P 500 Information Technology (Sector)
2021-12-20 00:00:00
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) added to S&P 500 Information Technology (Sector)
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) added to INDUSTRIALS
2021-12-20 00:00:00
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) added to INDUSTRIALS
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) added to S&P 500 EQUAL WEIGHTED
2021-12-10 00:00:00
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) added to S&P 500 EQUAL WEIGHTED
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) dropped from S&P 1000
2021-12-04 00:00:00
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) dropped from S&P 1000
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) dropped from S&P 400 Information Technology (Sector)
2021-12-04 00:00:00
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) dropped from S&P 400 Information Technology (Sector)
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) dropped from S&P 400
2021-12-04 00:00:00
SolarEdge Technologies, Inc.(NasdaqGS:SEDG) dropped from S&P 400
SolarEdge Technologies, Inc. Presents at Goldman Sachs’ Global Energy and Clean Technology Conference, Jan-05-2022 09:00 AM
2021-12-03 08:54:00
SolarEdge Technologies, Inc. Presents at Goldman Sachs’ Global Energy and Clean Technology Conference, Jan-05-2022 09:00 AM. Venue: Aventura, Florida, United States.
Bank of America Corporation, Bank of America 2021 Annual Renewables Symposium, Dec 02, 2021
2021-11-25 09:01:00
Bank of America Corporation, Bank of America 2021 Annual Renewables Symposium, Dec 02, 2021.
SolarEdge Technologies, Inc. Presents at Bank of America 2021 Annual Renewables Symposium, Dec-02-2021 01:15 PM
2021-11-25 09:01:00
SolarEdge Technologies, Inc. Presents at Bank of America 2021 Annual Renewables Symposium, Dec-02-2021 01:15 PM.
SolarEdge Technologies, Inc. (NasdaqGS:SEDG) agreed to acquire 75% stake in Kokam Co., Ltd. for $88 million.
2021-11-23 00:00:00
SolarEdge Technologies, Inc. (NasdaqGS:SEDG) agreed to acquire 75% stake in Kokam Co., Ltd. for $88 million on November 23, 2021. Completion of the deal is subject to customary closing conditions and is expected to take place in the coming weeks.
The Goldman Sachs Group, Inc., Goldman Sachs’ Global Energy and Clean Technology Conference, Jan 05, 2022 through Jan 06, 2022
2021-11-19 13:30:00
The Goldman Sachs Group, Inc., Goldman Sachs’ Global Energy and Clean Technology Conference, Jan 05, 2022 through Jan 06, 2022. Venue: Aventura, Florida, United States.
SolarEdge Technologies, Inc. Presents at Credit Suisse 25th Annual Technology Conference, Nov-29-2021
2021-11-10 08:36:00
SolarEdge Technologies, Inc. Presents at Credit Suisse 25th Annual Technology Conference, Nov-29-2021 . Venue: The Phoenician Hotel, Scottsdale, Arizona, United States.
SolarEdge Technologies, Inc. Presents at UBS Virtual European Conference, Nov-10-2021
2021-11-03 14:19:00
SolarEdge Technologies, Inc. Presents at UBS Virtual European Conference, Nov-10-2021 . Venue: London, United Kingdom. Speakers: Ronen Faier, Chief Financial Officer.
Solaredge Technologies, Inc. Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2021
2021-11-02 20:05:00
SolarEdge Technologies, Inc. provided earnings guidance for the fourth quarter ending December 31, 2021. For the period, the company expects revenues to be within the range of $530 million to $560 million.
Solaredge Technologies, Inc. Announces Commercial Availability of the Solaredge Energy Bank Residential Battery in North America
2021-10-20 13:00:00
SolarEdge Technologies, Inc. (“SolarEdge”) announced the commercial availability of the SolarEdge Energy Bank residential battery in North America. The highly efficient DC-coupled battery provides 9.7kWh of backup power and can connect with up to eight additional batteries, delivering up to 87kWh of backup capacity, while offering future compatibility with third-party generators. SolarEdge also announced the availability of its new SolarEdge Energy Hub inverter models ranging from 7.6kW up to 11.4kW PV power and 10.3kW backup power, with 200% DC oversizing to deliver higher energy yield for the home. The Energy Hub high backup power inverters simplify installations by reducing the need for Main Panel Upgrades (MPU), and shorten installation time by connecting wirelessly with the SolarEdge Energy Bank battery and a variety of smart energy devices, including the SolarEdge Home EV Charger. Both the SolarEdge Energy Hub inverter and the SolarEdge Energy Bank battery are part of the new SolarEdge full residential solution called “SolarEdge Home”, an intelligent smart energy management system that allows homeowners to better manage and monitor solar energy production, consumption and backup storage in real time. The SolarEdge Home system is controlled from the mySolarEdge mobile app, which helps prioritize loads based on homeowner preferences, and applies smart algorithms that aid economical decision-making while taking into account external factors, such as weather events.
SolarEdge Technologies, Inc. to Report Q3, 2021 Results on Nov 02, 2021
2021-10-19 12:00:00
SolarEdge Technologies, Inc. announced that they will report Q3, 2021 results After-Market on Nov 02, 2021
SolarEdge Technologies, Inc., Q3 2021 Earnings Call, Nov 02, 2021
2021-10-19 12:00:00
SolarEdge Technologies, Inc., Q3 2021 Earnings Call, Nov 02, 2021
SolarEdge Technologies, Inc. Presents at Smart Energy Summit: Engaging the Consumer, Oct-27-2021 12:15 PM
2021-10-18 17:17:00
SolarEdge Technologies, Inc. Presents at Smart Energy Summit: Engaging the Consumer, Oct-27-2021 12:15 PM. Speakers: Peter Mathews, General Manager, North America.
AutoGrid Systems, Inc. announced that it has received $85 million in funding from a group of investors
2021-10-14 00:00:00
AutoGrid Systems, Inc. announced that it has received $85 million in a round of funding led by Schneider Electric Ventures on October 14, 2021. The transaction included participation from new investors which included Moore Strategic Ventures, LLC, SolarEdge Technologies, Inc., Microsoft Corporation, Climate Innovation Fund, GS Futures, returning investors National Grid Partners Inc., Shell Ventures and Total Carbon Neutrality Ventures.
Solaredge Technologies, Inc. Provides Earnings Guidance for the Third Quarter Ending September 30, 2021
2021-08-02 20:05:00
SolarEdge Technologies, Inc. provided earnings guidance for the third quarter ending September 30, 2021. For the quarter, the company expects revenues to be within the range of $520 million to $540 million.
UBS Investment Bank, UBS Virtual European Conference, Nov 08, 2021 through Nov 10, 2021
2021-07-30 08:49:00
UBS Investment Bank, UBS Virtual European Conference, Nov 08, 2021 through Nov 10, 2021. Venue: London, United Kingdom.
Sunnova, National Grid and SolarEdge Partner to Leverage DERs for New England’s Grid
2021-07-27 10:50:00
Sunnova Energy International Inc. partnered with National Grid and SolarEdge Technologies Inc. to utilize its fleet of solar and storage assets in New England to help improve power quality in National Grid’s service area. Sunnova’s aggregated residential solar and storage portfolio delivers over 150 GWh of clean and reliable energy per year to New England’s homeowners and its grid, and now this portfolio of distributed energy resources (DERs) will work to make the grid more efficient by strengthening its resiliency and reliability. Sunnova and SolarEdge will provide voltage support across Massachusetts and Rhode Island, proving that distributed resources can unlock additional value to ratepayers. Over the last decade, the industry has built approximately 838 MW of residential distributed energy assets in Massachusetts and 58 MW in Rhode Island, according to Wood Mackenzie. To create the grid of tomorrow, DERs, especially solar and battery storage, will need to work together to support the grid in meeting its energy objectives while providing consumers with energy independence. This partnership will enable Sunnova to help the utility reduce distribution system losses and allow for more efficient delivery of power to all consumers in National Grid’s service area.
SolarEdge Technologies, Inc. to Report Q2, 2021 Results on Aug 02, 2021
2021-07-19 12:00:00
SolarEdge Technologies, Inc. announced that they will report Q2, 2021 results After-Market on Aug 02, 2021
SolarEdge Technologies, Inc., Q2 2021 Earnings Call, Aug 02, 2021
2021-07-19 12:00:00
SolarEdge Technologies, Inc., Q2 2021 Earnings Call, Aug 02, 2021
Susquehanna Financial Group, LLLP, Susquehanna Financial Group 2021 Energy, Industrials & Airlines Conference, Aug 10, 2021 through Aug 11, 2021
2021-07-07 09:33:00
Susquehanna Financial Group, LLLP, Susquehanna Financial Group 2021 Energy, Industrials & Airlines Conference, Aug 10, 2021 through Aug 11, 2021.
SolarEdge Technologies, Inc. Presents at Susquehanna Financial Group 2021 Energy, Industrials & Airlines Conference, Aug-10-2021
2021-07-07 09:33:00
SolarEdge Technologies, Inc. Presents at Susquehanna Financial Group 2021 Energy, Industrials & Airlines Conference, Aug-10-2021 .
SolarEdge Technologies, Inc. Presents at Canaccord Genuity 41st Annual Growth Conference, Aug-11-2021 08:00 AM
2021-06-23 09:43:00
SolarEdge Technologies, Inc. Presents at Canaccord Genuity 41st Annual Growth Conference, Aug-11-2021 08:00 AM. Speakers: Erica Mannion, Lior Danziger, Director of IR and Finance Operations, Mike Funari, Ronen Faier, Chief Financial Officer.
SolarEdge Technologies, Inc. Presents at 7th Annual ROTH London Conference, Jun-21-2021
2021-06-01 10:46:00
SolarEdge Technologies, Inc. Presents at 7th Annual ROTH London Conference, Jun-21-2021 . Speakers: Erica Mannion, IR, Lior Danziger, Director of IR and Finance Operations, Mike Funari, IR.
SolarEdge Technologies, Inc. Presents at Morgan Stanley 6th Annual Virtual Sustainable Futures Conference, Jun-09-2021 09:30 AM
2021-05-29 09:31:00
SolarEdge Technologies, Inc. Presents at Morgan Stanley 6th Annual Virtual Sustainable Futures Conference, Jun-09-2021 09:30 AM.
SolarEdge Technologies, Inc. Presents at BofA Securities 2021 Virtual Clean Energy Conference, May-28-2021 11:30 AM
2021-05-23 09:33:00
SolarEdge Technologies, Inc. Presents at BofA Securities 2021 Virtual Clean Energy Conference, May-28-2021 11:30 AM. Speakers: Lior Danzinger, Director of IR and Finance Operations, Ronen Faier, Chief Financial Officer.
Canaccord Genuity LLC, Canaccord Genuity 41st Annual Growth Conference, Aug 10, 2021 through Aug 12, 2021
2021-05-19 10:00:00
Canaccord Genuity LLC, Canaccord Genuity 41st Annual Growth Conference, Aug 10, 2021 through Aug 12, 2021.
Fundamental Summary
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.
Fundamental Highlights
| 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.
- SEDG
- Peers average
| 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 |
Technical Analysis
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.
5D MA
223.97
50D MA
292.17
200D MA
288.74
MACD
-18.63
RSI
81.85
STOCH
27.97
Balance Sheet Analysis
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.
- SEDG
- Peers average
| 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 |
Income Statement Analysis
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.
- SEDG
- Peers average
| 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 |
Cash Flow Analysis
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.
- SEDG
- Peers average
| 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 |
General & Ratios Analysis
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.
- SEDG
- Peers average
| 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 |
This report is intended for general guidance and information purposes only and under no circumstances is tailored to a specific factor or variable related to its reader or intended to be used or considered as financial or investment advice, a solicitation of any offer, a recommendation, or an offer to sell or buy any securities or other form of a financial asset. For the full disclaimer, click here.