SolarEdge

SolarEdge Technologies, Inc (SEDG) (Q4FY23) – Lower visibility continues

Highlights of the report

Adoption of the NEM 3.0 program has been slow, and growth remains sluggish in other parts of the country, especially in regions with lower electricity prices. Sales of the company’s residential products in the U.S. experienced an overall decline of 8% in the fourth quarter.

SolarEdge (SEDG) Equity Report Q4FY23

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SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally.

 In Q4FY23, SEDG’s revenue declined by -65% to $316mn from $809.7mn in Q4FY22 and the COGS decreased by -50% to $312.7mn from $629.7 in the same period.

Over the past 3 years, SolarEdge Technologies generated returns of -75% where the stock price decreased from $295.23 in Mar 11, 2021 to $74.49 in Mar 11, 2024. The stock had a 200-Day Moving Average of $141.57 and a 50-Day Moving Average of $74.24.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

Accordion Content

Report details

SolarEdge Technologies, Inc (SEDG) (Q4FY23) – Lower visibility continues

Price

$264.00

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