SEDG

Solaredge Technologies Inc

Energy, TMT


Presented:07/01/2020
Price:$141.39
Cap:$7.02B
Current Price:$18.19
Cap:$1.04B

Presented

Date07/01/2020
Price$141.39
Market Cap$7.02B
Ent Value$3.86B
P/E Ratio42.65x
Book Value$17.47
Div Yield0%
Shares O/S49.63M
Ave Daily Vol1,150,944
Short Int10.30%

Current

Price$18.19
Market Cap$1.04B
SolarEdge Technologies, Inc. engages in the development of smart energy technology. Its products and services include photovoltaic inverters, power optimizers, photovoltaic monitoring, software tools, and electric vehicle chargers. The company was founded by Guy Sella, Lior Handelsman, Yoav Galin, Meir Adest, and Amir Fishelov in 2006 and is headquartered in Herzliya, Israel.

Publicly traded companies mentioned herein: Enphase Energy Inc (ENPH), SolarEdge Technologies Inc (SEDG)

Highlights

The solar industry has experienced incredible growth over the last 20 years, with solar installs growing at a 29% CAGR on a megawatt basis. However, profitability has been hard to come by, said the presenter. He is short SolarEdge (SEDG), which makes solar inverters and optimizers primarily for residential rooftops globally, and sees the potential for a 50% decline over the next 12 months due to tailwinds turning to headwinds and rising competitive intensity (namely with Enphase (ENPH) in SEDG’s key markets). 

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Idea Discussion

Commentor 1 - 2 weeks ago

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