SMA Solar Technology AG/€S92
1D1W1M3M6MYTD1Y5YMAX
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
€1.7B
-
-€1.90
0.81
-
Price and volume
Market cap
€1.7B
Beta
0.81
52-week high
€70.55
52-week low
€25.12
Average daily volume
105K
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)
1.085
Price to book
3.74
Price to tangible book (TTM)
4.73
Price to free cash flow (TTM)
16.633
Free cash flow yield (TTM)
6.01%
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%
What the Analysts think about S92
Analyst ratings (Buy, Hold, Sell) for SMA Solar Technology AG stock.
Analyst projections of the future price of SMA Solar Technology AG stock.
Bulls say / Bears say
SMA’s order backlog grew about 50% year on year to €1.75bn by June, with record quarterly orders in its large-scale business. That provides a stronger base for future sales, particularly as demand for storage grows. (Reuters)
Underlying EBITDA before one-off effects rose to €65.9m in the first half from €50.3m a year earlier, indicating that cost savings and operating improvements are beginning to show through. Net cash also increased to €244.6m by June. (SMA Solar)
SMA has launched dedicated power solutions for AI and hyperscale data centres, and its new German factory is designed to supply utility-scale, storage and data-centre applications. This gives the company a route to benefit from rising demand for reliable power infrastructure. (SMA America, SMA America)
SMA cut its 2026 sales and earnings guidance in September, citing a sustained slowdown in Home and C&I markets and its restructuring programme. The downgrade signals that the recovery is less secure than the earlier outlook suggested. (SMA Solar)
Home & Business Solutions still reported a €21.5m operating loss for the first half, despite a sharp improvement from the prior year. The business therefore remains a drag while it works through its turnaround. (SMA Solar)
Large Scale EBIT fell to €78.3m from €113.4m year on year, and its margin dropped to 14.4% from 19.9%. That points to weaker profitability in SMA’s largest division even as its order book expands. (SMA Solar)
Data summarised monthly by Lightyear AI. Last updated on 23 Oct 2026.
S92 Financial Performance
Revenues and expenses
S92 Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing S92
AllUSDEURGBP
Fund name | Fund size | €S92 weighting |
|---|---|---|
L&G Battery Value-Chain$BATT | $781M | 1.88% |
L&G Battery Value-Chain£BATG | $781M | 1.88% |
L&G Clean Energy$RENW | $749M | 1.52% |
L&G Clean Energy£RENG | $749M | 1.52% |
iShares TecDAX€EXS2 | €645M | 0.91% |
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.