profit from every €100 of sales.
€0€100
SMA Solar Technology
€45.26-8.23% today
+36.2% since Dec 21, 25
1-year low €29.161-year high €68.10
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What SMA Solar Technology sold, what it kept, and what it did with the cash.
Sales went from €1.07 billion in 2022 to €1.52 billion in 2025, with -€181 million of profit last year.
SalesProfit
SMA Solar Technology vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
| SMA Solar Technology | No profit yet | ||
 First Solar | 12.1× · Cheap | ||
 Tongwei Co.,Ltd | No profit yet | ||
 Jinko Solar | No profit yet | ||
 CSI Solar | 29.2× · Fair price |
AI analysis
An AI analyst reads SMA Solar Technology's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,066 | 1,904 | 1,530 | 1,516 | |
| 224 | 559 | 253 | 123 | |
| 41 | 275 | -61 | -143 | |
| 77 | 317 | -16 | -64 | |
| 56 | 226 | -118 | -181 | |
| 1.61 | 6.50 | -3.39 | -5.22 | |
| 21.0% | 29.4% | 16.5% | 8.1% | |
| 3.9% | 14.5% | -4.0% | -9.4% | |
| 5.2% | 11.9% | -7.7% | -11.9% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,110 | 1,622 | 1,541 | 1,306 |
| Cash | 165 | 219 | 196 | 191 |
| Total debt | – | – | – | – |
| Total liabilities | 647 | 936 | 988 | 940 |
| 464 | 686 | 553 | 366 | |
| 35 | 35 | 35 | 35 | |
| 5.8% | 28.1% | -11.7% | -35.7% | |
| 12.0% | 32.9% | -21.3% | -49.6% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 29 | 141 | -125 | 143 | |
| 62 | 84 | 90 | 50 | |
| -33 | 56 | -215 | 93 | |
| Dividends paid | – | – | 17 | – |
| – | – | – | – | |
| – | – | – | – |
Valuation
- –
- –
- –
- 4.6×
- 1.0×
- 16.9×
- –
- 5.9%
- -11.5%
- –
Profitability
- 8.1%
- -9.4%
- -11.9%
- –
- -35.7%
- -3.4%
- –
- –
- –
- –
Growth
- +12.5%
- –
- –
- –
- +0.0%
Financial health
- -3.0×
- –
- –
- -14.0×
- 1.31
- –
- –
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 2%of 977
Bottom 11%of 977
Top 39%of 982
Top 21%of 984
News
PowerBank cuts solar project debt by 14% in CA$25.4M refinancingSeeking Alpha · Oct 26, 2026China’s proposed solar curbs raise stakes for overseas manufacturersSeeking Alpha · Oct 18, 2026Better Energy ETF: Global X's MLPX Targeting Oil and Gas Infrastructure vs. Invesco's Solar-Focused TANYahoo Finance · Oct 11, 2026First Solar leads big solar sector drop as high borrowing costs threaten project financingSeeking Alpha · Sep 24, 2026South Korean solar stocks jump as curbs on Chinese sector expected to remain in placeCNBC · Sep 23, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
24No pass
Benjamin Graham
8No pass
Philip Fisher
30No pass
Peter Lynch
30No pass
Joel Greenblatt
0No pass
Charlie Munger
23No pass
Terry Smith
20No pass
Questions about SMA Solar Technology
Is SMA Solar Technology a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the SMA Solar Technology AI analysis
What does SMA Solar Technology do?
SMA Solar Technology AG, together with its subsidiaries, develops, produces, and sells PV and battery inverters, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. It is in Solar, based in Niestetal, Germany, with 3,659 employees.
Who are SMA Solar Technology's competitors?
The largest listed companies in the same industry are First Solar, Tongwei Co.,Ltd, Jinko Solar and CSI Solar. The peers table on this page compares their profit, growth and price with SMA Solar Technology's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.