Solaredge Technologies Stock Beta
| SEDG Stock | USD 14.86 1.17 8.55% |
SolarEdge Technologies fundamentals help investors to digest information that contributes to SolarEdge Technologies' financial success or failures. It also enables traders to predict the movement of SolarEdge Stock. The fundamental analysis module provides a way to measure SolarEdge Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to SolarEdge Technologies stock.
SolarEdge | Beta |
SolarEdge Technologies Company Beta Analysis
SolarEdge Technologies' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current SolarEdge Technologies Beta | 1.59 |
Most of SolarEdge Technologies' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, SolarEdge Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
SolarEdge Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for SolarEdge Technologies is extremely important. It helps to project a fair market value of SolarEdge Stock properly, considering its historical fundamentals such as Beta. Since SolarEdge Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of SolarEdge Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of SolarEdge Technologies' interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, SolarEdge Technologies has a Beta of 1.585. This is 49.53% higher than that of the Semiconductors & Semiconductor Equipment sector and 3.59% higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
SolarEdge Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SolarEdge Technologies' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of SolarEdge Technologies could also be used in its relative valuation, which is a method of valuing SolarEdge Technologies by comparing valuation metrics of similar companies.SolarEdge Technologies is currently under evaluation in beta category among its peers.
SolarEdge Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of SolarEdge Technologies from analyzing SolarEdge Technologies' financial statements. These drivers represent accounts that assess SolarEdge Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of SolarEdge Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.6B | 16.0B | 14.6B | 15.6B | 5.3B | 4.2B | |
| Enterprise Value | 4.4B | 15.9B | 14.8B | 15.6B | 5.7B | 4.5B |
SolarEdge Technologies ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, SolarEdge Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SolarEdge Technologies' managers, analysts, and investors.Environmental | Governance | Social |
SolarEdge Technologies Institutional Holders
Institutional Holdings refers to the ownership stake in SolarEdge Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of SolarEdge Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing SolarEdge Technologies' value.| Shares | Two Sigma Investments Llc | 2024-09-30 | 1.2 M | Two Sigma Advisers, Llc | 2024-06-30 | 1.1 M | Harel Insurance Invests & Fin Srvcs Ltd | 2024-06-30 | 1 M | Impax Asset Management Group Plc | 2024-06-30 | 929 K | M&g Plc | 2024-06-30 | 894.7 K | Voloridge Investment Management, Llc | 2024-09-30 | 854.3 K | Geode Capital Management, Llc | 2024-09-30 | 708 K | Franklin Resources Inc | 2024-09-30 | 700 K | Capital Fund Management Sa | 2024-09-30 | 652.1 K | Blackrock Inc | 2024-06-30 | 7.9 M | Grantham, Mayo, Van Otterloo & Co., Llc | 2024-09-30 | 4.3 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SolarEdge Technologies will likely underperform.
SolarEdge Fundamentals
| Return On Equity | -0.96 | ||||
| Return On Asset | -0.22 | ||||
| Profit Margin | (1.58) % | ||||
| Operating Margin | (3.27) % | ||||
| Current Valuation | 940.81 M | ||||
| Shares Outstanding | 57.95 M | ||||
| Shares Owned By Insiders | 1.42 % | ||||
| Shares Owned By Institutions | 98.58 % | ||||
| Number Of Shares Shorted | 19.4 M | ||||
| Price To Earning | 126.01 X | ||||
| Price To Book | 0.90 X | ||||
| Price To Sales | 0.82 X | ||||
| Revenue | 2.98 B | ||||
| Gross Profit | 844.65 M | ||||
| EBITDA | 153.69 M | ||||
| Net Income | 34.33 M | ||||
| Cash And Equivalents | 895.79 M | ||||
| Cash Per Share | 16.10 X | ||||
| Total Debt | 735.3 M | ||||
| Debt To Equity | 0.36 % | ||||
| Current Ratio | 3.73 X | ||||
| Book Value Per Share | 16.73 X | ||||
| Cash Flow From Operations | (180.11 M) | ||||
| Short Ratio | 3.14 X | ||||
| Earnings Per Share | (29.10) X | ||||
| Price To Earnings To Growth | 4.61 X | ||||
| Target Price | 18.81 | ||||
| Number Of Employees | 5.63 K | ||||
| Beta | 1.59 | ||||
| Market Capitalization | 861.14 M | ||||
| Total Asset | 4.59 B | ||||
| Retained Earnings | 778.17 M | ||||
| Working Capital | 2.41 B | ||||
| Current Asset | 309.75 M | ||||
| Current Liabilities | 87.27 M | ||||
| Net Asset | 4.59 B |
About SolarEdge Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SolarEdge Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SolarEdge Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SolarEdge Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether SolarEdge Technologies is a strong investment it is important to analyze SolarEdge Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SolarEdge Technologies' future performance. For an informed investment choice regarding SolarEdge Stock, refer to the following important reports:Check out SolarEdge Technologies Piotroski F Score and SolarEdge Technologies Altman Z Score analysis. For more detail on how to invest in SolarEdge Stock please use our How to Invest in SolarEdge Technologies guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SolarEdge Technologies. If investors know SolarEdge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SolarEdge Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6.598 | Earnings Share (29.10) | Revenue Per Share 18.382 | Quarterly Revenue Growth (0.64) | Return On Assets (0.22) |
The market value of SolarEdge Technologies is measured differently than its book value, which is the value of SolarEdge that is recorded on the company's balance sheet. Investors also form their own opinion of SolarEdge Technologies' value that differs from its market value or its book value, called intrinsic value, which is SolarEdge Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SolarEdge Technologies' market value can be influenced by many factors that don't directly affect SolarEdge Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SolarEdge Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SolarEdge Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SolarEdge Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.