SMA Solar Technology stock
S92.DEXETRASMA Solar Technology AG, EnergyISIN DE000A0DJ6J9WKN A0DJ6J
37Score 37 out of 100, Weak
Price and trend
63 / 100
Price history
+62% in one yearThe chart shows daily closes over 18 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 4.6% below it.
Since May 2025 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 54).
The price is 28% below its 52-week high. Largest decline in 18 years: 90% (January 2010 to January 2015).
Chart figures for advanced users
- SMA 50$61.46
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$57.29
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)54
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$32.31
- The lowest closing price of the last twelve months.
- Resistance$75.46
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- SMA Solar Technology AG belongs to the Solar industry (Germany) and, with a market value of $1.9B, is number 7 of 12 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $1.68B (down 0.9% year on year) and a loss of $200.68M.
- For fiscal 2026, analysts expect on average revenue of $1.85B (up 10.3%) and adjusted earnings per share of $3.39.
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- MEQIRI Score 37 out of 100 (Weak): rank 247 of 266 in Energy, median 60.
- Our model puts fair value at $52.69, with the price 4% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- More cash than debtCash $267.82M, financial debt $104.4M.
Weaknesses
- Loss-makingLoss of $73.08M over the last 12 months.Fundamentals 24
- Turned to a lossEarnings per share from $0.90 in 2020 to −$5.78.Growth 38
- Volatile share priceVolatility 69% a year over the last 12 months.Stability 46
The score is held back by fundamentals and profitability.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 36 to 37.
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among smaller stocks.
From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- weak fundamentals
- high price swings
- cyclical sector (energy or materials), as a group, crashed more often in the backtest
Valuation
Valuation signal
Fairly valuedIn our model the price counts as cheap below $35.13 and expensive above $105.39 (uncertainty very high, based on the price swings of the past year).
Calculated with a cost of equity of 7.1%. At 8.1% the fair value would be $43.48, at 6.1% it would be $66.55.
Valuation metrics
From the cash-flow model alone; without earnings there is no industry value.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Jun 2026, revenue rose 4.3% on the twelve months before. Revenue has grown solidly since 2006, at about 11% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 8%, operating −13%, net −12%. Last 12 months: net −4%.
Debt & balance sheet
latest quarterDebt is low, but interest coverage is weak. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 25 Mar 2027in 132 days
- Last reported
- 13 Aug 2026EPS reported $2.34 (expected $0.64)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $3.39+0.4%
- Revenue
- $1.85B+0.1%
- Earnings per share
- $4.45−0.1%
- Revenue
- $1.98B+0.1%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: +1.6%2026 guidance raised on July 16: revenue of EUR 1.625 billion to EUR 1.725 billion and EBITDA of EUR 180 million to EUR 230 million.
“The updated guidance now forecasts revenue of EUR 1.625 million to EUR 1.725 million (sic) [ EUR 1.625 billion to EUR 1.725 billion ] and EBITDA of EUR 180 million to EUR 230 million.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 13 Aug 2026 (fiscal Q2 2026), read by AI.
What happened at SMA Solar Technology
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
266 rated companies in Energy
- This company
- 37
- Sector median
- 60
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Solar
The next larger and next smaller companies by market value
- Waaree EnergiesWAAREEENER.NS $7.86B67
- Tongwei600438.SS $7.73B28
- Enphase EnergyENPH $3.54B45
- SunrunRUN $2.06B43
- SolarEdge TechnologiesSEDG $1.5B25
- Shoals Technologies GroupSHLS $1.36B51
- Array TechnologiesARRY $740.49M34
- Canadian SolarCSIQ $681.68M28
ETFs that hold SMA Solar Technology
Held by 26 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Amundi SDAX UCITS ETF DistC005 | 3.31% | 0.70% | €158.8M |
| L&G Battery Value-Chain UCITS ETFBATE | 2.01% | 0.49% | €668.78M |
| Invesco Solar Energy UCITS ETFS0LR | 1.93% | 0.69% | €140.79M |
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| L&G Clean Energy UCITS ETFRENW | 1.49% | 0.49% | €622.91M |
| Amundi TecDAX UCITS ETF DistE908 | 1.09% | 0.40% | €85.66M |
| Invesco Global Clean Energy UCITS ETF AccumUSDG1CE | 0.87% | 0.60% | €88.94M |
| WisdomTree Battery Solutions UCITS ETF USD AccW1TA | 0.60% | 0.40% | €132.27M |
| iShares Global Clean Energy Transition UCITS ETFIQQH | 0.33% | 0.65% | €2.52B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 24 Apr 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.