Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM P/E Multiple | 17.0x - 18.8x | 17.9x |
| Selected Fwd P/E Multiple | 8.4x - 9.3x | 8.9x |
| Fair Value | $200.11 - $221.18 | $210.65 |
| Upside | 8.3% - 19.7% | 14.0% |
| Benchmarks | - | Full Ticker |
| SolarEdge Technologies, Inc. | - | NasdaqGS:SEDG |
| Maxeon Solar Technologies, Ltd. | - | NasdaqGS:MAXN |
| Canadian Solar Inc. | - | NasdaqGS:CSIQ |
| MKS Inc. | - | NasdaqGS:MKSI |
| GCT Semiconductor Holding, Inc. | - | NYSE:GCTS |
| First Solar, Inc. | - | NasdaqGS:FSLR |
| - | - | - |
| Select Price / LTM EPS Ratio | ||||||||
| Benchmark Companies | ||||||||
| SEDG | MAXN | CSIQ | MKSI | GCTS | FSLR | |||
| NasdaqGS:SEDG | NasdaqGS:MAXN | NasdaqGS:CSIQ | NasdaqGS:MKSI | NYSE:GCTS | NasdaqGS:FSLR | |||
| Historical Net Income Growth | ||||||||
| 5Y CAGR | NM- | NM- | -26.8% | 6.2% | NM- | NM- | ||
| 3Y CAGR | NM- | NM- | -27.7% | -29.9% | NM- | 40.2% | ||
| Latest Twelve Months | -240.3% | -122.7% | -105.1% | 3237.5% | 1.1% | 4.5% | ||
| Historical Net Income Profit Margin | ||||||||
| 5 Year Average Margin | -34.1% | -32.3% | 3.0% | -0.4% | -156.7% | 16.9% | ||
| Prior Fiscal Year | 1.2% | -24.6% | 3.6% | -50.8% | -140.2% | 25.0% | ||
| Latest Fiscal Year | -200.4% | -120.7% | 0.6% | 5.3% | -135.6% | 30.7% | ||
| Latest Twelve Months | -185.2% | -120.7% | -0.2% | 7.1% | -316.2% | 29.0% | ||
| Current Trading Multiples | ||||||||
| EV / LTM EBITDA | -1.2x | -0.8x | 11.9x | 12.4x | -4.5x | 10.7x | ||
| Price / LTM Sales | 1.6x | 0.1x | 0.1x | 1.9x | 10.8x | 4.6x | ||
| LTM P/E Ratio | -0.9x | -0.1x | -75.7x | 26.2x | -3.4x | 15.8x | ||
| Low | Mid | High | ||||||
| Benchmark LTM P/E Ratio | -75.7x | -0.9x | 26.2x | |||||
| Historical LTM P/E Ratio | 15.1x | 38.8x | 168.5x | |||||
| Selected P/E Multiple | 17.0x | 17.9x | 18.8x | |||||
| (x) LTM Net Income | 1,257 | 1,257 | 1,257 | |||||
| (=) Equity Value | 21,399 | 22,525 | 23,651 | |||||
| (/) Shares Outstanding | 107.2 | 107.2 | 107.2 | |||||
| Implied Value Range | 199.53 | 210.03 | 220.53 | |||||
| FX Rate: USD/USD | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 199.53 | 210.03 | 220.53 | 184.73 | ||||
| Upside / (Downside) | 8.0% | 13.7% | 19.4% | |||||
| Equity Value | |||||||
| Benchmark Companies | |||||||
| (in millions) | SEDG | MAXN | CSIQ | MKSI | GCTS | FSLR | |
| Value of Common Equity | 1,490 | 62 | 765 | 6,948 | 74 | 19,812 | |
| (/) Shares Outstanding | 59.4 | 16.9 | 67.0 | 67.2 | 55.8 | 107.2 | |
| Implied Stock Price | 25.10 | 3.64 | 11.42 | 103.45 | 1.33 | 184.73 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 25.10 | 3.64 | 11.42 | 103.45 | 1.33 | 184.73 | |
| Trading Currency | USD | USD | USD | USD | USD | USD | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |