Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
SMA Solar Technology AG is a leading global specialist in photovoltaic system technology, pioneering decentralized, digital, and renewable energy solutions. Founded in 1981 and headquartered in Niestetal, Germany, the company develops innovative inverters, energy management systems, and storage integrations for residential smart homes, commercial buildings, and large-scale PV power plants. Its products enable households to utilize rooftop solar generation around the clock, businesses to cut costs with efficient on-site power, and regions with high solar potential to access sustainable electricity via hybrid diesel-PV systems, reducing reliance on fossil fuels and emissions. With over 4,000 employees across 20 countries, SMA Solar Technology AG holds approximately 1,600 patents and has earned accolades like EcoVadis Gold Medals, top sustainability rankings from Corporate Knights, and multiple innovation awards for products such as Sunny Central FLEX and Sunny Tripower CORE1. The firm plays a pivotal role in the global energy transition, supporting prosumers in achieving energy independence and driving the shift to 100% renewables through comprehensive services and system expertise.
€56.54
+€0.00 (+0.00%)
EOD Jun 25, 2026 · Twelve Data
The business is unprofitable at the operating level (-9.45% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 0.9% YoY. Margins deteriorated 3.0pp alongside, both lines moving the wrong way.
ROIC dropped from -12.50% to -24.62%, capital efficiency is deteriorating. Operating margin contracted 3.0pp YoY, cost discipline may be slipping.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€1.53B
▼ -0.9% YoY
Net Income (TTM)
-€188M
▼ -53.9% YoY
Op. Margin
-9.24%
▼ -3.0pp YoY
ROIC
-24.62%
▼ -12.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€30M
▲ +145.9% YoY
Op. Cash Flow (TTM)
€30M
▲ +257.9% YoY
Net Debt
-€201M
Net Cash Position
Cash & Equiv.
€201M
3Y CAGR: +12.5%
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SMA Solar Technology (SMTGF)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, SMA Solar Technology scores 24/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full . This is analysis, not investment advice.
SMA Solar Technology scores 24 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -9.2% operating margin and a -24.6% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. you should weigh SMTGF's valuation and scores 24/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.