SolarEdge Technologies (NASDAQ: SEDG) is one of 11 public companies in the “Photovoltaic Solar Systems & Equipment” industry, but how does it contrast to its rivals? We will compare SolarEdge Technologies to related businesses based on the strength of its dividends, valuation, profitability, earnings, institutional ownership, analyst recommendations and risk.

Valuation and Earnings

This table compares SolarEdge Technologies and its rivals gross revenue, earnings per share (EPS) and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
SolarEdge Technologies $489.84 million $76.61 million 23.13
SolarEdge Technologies Competitors $1.32 billion -$58.64 million 0.17

SolarEdge Technologies’ rivals have higher revenue, but lower earnings than SolarEdge Technologies. SolarEdge Technologies is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Insider and Institutional Ownership

60.0% of SolarEdge Technologies shares are held by institutional investors. Comparatively, 40.3% of shares of all “Photovoltaic Solar Systems & Equipment” companies are held by institutional investors. 16.4% of SolarEdge Technologies shares are held by insiders. Comparatively, 16.0% of shares of all “Photovoltaic Solar Systems & Equipment” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Risk and Volatility

SolarEdge Technologies has a beta of 0.1, indicating that its share price is 90% less volatile than the S&P 500. Comparatively, SolarEdge Technologies’ rivals have a beta of 1.50, indicating that their average share price is 50% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent recommendations for SolarEdge Technologies and its rivals, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SolarEdge Technologies 2 1 11 0 2.64
SolarEdge Technologies Competitors 174 582 852 56 2.47

SolarEdge Technologies presently has a consensus price target of $33.82, indicating a potential downside of 11.40%. As a group, “Photovoltaic Solar Systems & Equipment” companies have a potential downside of 12.92%. Given SolarEdge Technologies’ stronger consensus rating and higher probable upside, research analysts plainly believe SolarEdge Technologies is more favorable than its rivals.

Profitability

This table compares SolarEdge Technologies and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
SolarEdge Technologies 14.06% 22.07% 14.90%
SolarEdge Technologies Competitors -12.75% -121.72% -3.35%

Summary

SolarEdge Technologies beats its rivals on 10 of the 13 factors compared.

About SolarEdge Technologies

SolarEdge Technologies, Inc. offers an inverter solution for a solar photovoltaic (PV) system. The Company’s products include SolarEdge Power Optimizer, SolarEdge Inverter, StorEdge Solutions and SolarEdge Monitoring Software. Its product roadmap consists of categories, including power optimizers, inverters, monitoring services, energy storage and smart energy management. The Company’s power optimizers provide module-level maximum power point (MPP) tracking and real-time adjustments of current and voltage to the optimal working point of each individual PV module. The Company’s solution consists of a direct current (DC) power optimizer, an inverter and a cloud-based monitoring platform that operates as a single integrated system.

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