SMA Solar Technology AG/€S92
1D1W1MYTD1Y5YMAX
Capital at risk
About SMA Solar Technology AG
SMA Solar Technology AG is a company specializing in the design and manufacturing of photovoltaic inverters, ensuring the efficient conversion of solar energy into usable electrical power. The company operates within the solar energy industry and focuses on various segments, including residential, commercial, and utility-scale photovoltaics. Founded in 1981, SMA Solar Technology AG is headquartered in Niestetal, Germany, and has a global presence with subsidiaries and locations in several countries worldwide. Its strategic positioning is supported by a robust portfolio of advanced inverter solutions and services that cater to diverse applications and energy demands. The company is known for its commitment to innovation and sustainability within the renewable energy sector.
- Ticker
- €S92
- Sector
- Industrials
- Primary listing
- XETRA
- Employees
- 3,653
- Headquarters
- Niestetal, Germany
- Website
- www.sma.de
S92 Metrics
BasicAdvanced
€1.9B
-
-€1.90
0.81
-
Price and volume
Market cap
€1.9B
Beta
0.81
52-week high
€70.55
52-week low
€20.18
Average daily volume
78K
Financial strength
Current ratio
1.391
Quick ratio
0.715
Long term debt to equity
0.183
Total debt to equity
0.213
Interest coverage (TTM)
-9.53%
Profitability
EBITDA (TTM)
-47.088
Gross margin (TTM)
13.64%
Net profit margin (TTM)
-4.35%
Operating margin (TTM)
-6.56%
Effective tax rate (TTM)
41.68%
Revenue per employee (TTM)
€420,000
Management effectiveness
Return on assets (TTM)
-4.29%
Return on equity (TTM)
-13.94%
Valuation
Price to revenue (TTM)
1.282
Price to book
4.39
Price to tangible book (TTM)
5.55
Price to free cash flow (TTM)
19.656
Free cash flow yield (TTM)
5.09%
Free cash flow per share (TTM)
2.853
Growth
Revenue change (TTM)
4.28%
Earnings per share change (TTM)
-67.69%
3-year revenue growth (CAGR)
3.40%
10-year revenue growth (CAGR)
3.82%
3-year earnings per share growth (CAGR)
-27.04%
10-year earnings per share growth (CAGR)
1.82%
Bulls say / Bears say
Management raised full-year 2026 guidance to €1.625–1.725 billion in sales and €180–230 million in EBITDA following stronger-than-expected Q2 results, underscoring confidence in growth trajectory. (SMA Q2 press release)
Order backlog reached €1.8 billion at June 30, 2026, up from €1.2 billion a year earlier, providing clear visibility on future revenues. (SMA H1 2026 report)
Q2 EBITDA of €64.7 million significantly outpaced the analyst consensus of €44 million, highlighting strong operational leverage and cost management. (SMA Q2 press release)
Q2 revenue declined to €345.7 million, down from €357.1 million in Q2 2025, indicating near-term top-line contraction. (SMA Q2 press release)
First-half sales remained flat at €686.6 million versus €684.9 million in H1 2025, reflecting stagnant revenue growth amid market headwinds. (SMA H1 2026 report)
Large Scale & Project Solutions segment reported lower sales year-on-year in H1, underscoring ongoing weakness in the utility-scale solar market. (SMA H1 2026 report)
Data summarised monthly by Lightyear AI. Last updated on 24 Aug 2026.
Upcoming events
No upcoming events
Funds containing S92
AllUSDGBPEUR
Fund name | Fund size | €S92 weighting |
|---|---|---|
L&G Battery Value-Chain$BATT | $818M | 1.95% |
L&G Battery Value-Chain£BATG | £604M | 1.95% |
iShares TecDAX€EXS2 | €645M | 0.94% |
iShares Global Clean Energy€IQQH | €2.7B | 0.39% |
iShares Global Clean Energy£INRG | £2.3B | 0.39% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.