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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash-to-Debt 183.70
SEDG's Cash-to-Debt is ranked higher than
83% of the 860 Companies
in the Global Solar industry.

( Industry Median: 1.59 vs. SEDG: 183.70 )
Ranked among companies with meaningful Cash-to-Debt only.
SEDG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.48  Med: No Debt Max: No Debt
Current: 183.7
0.48
No Debt
Equity-to-Asset 0.60
SEDG's Equity-to-Asset is ranked higher than
52% of the 856 Companies
in the Global Solar industry.

( Industry Median: 0.60 vs. SEDG: 0.60 )
Ranked among companies with meaningful Equity-to-Asset only.
SEDG' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.8  Med: 0.61 Max: 0.68
Current: 0.6
-1.8
0.68
Debt-to-EBITDA 0.01
SEDG's Debt-to-EBITDA is ranked lower than
99.99% of the 557 Companies
in the Global Solar industry.

( Industry Median: 1.81 vs. SEDG: 0.01 )
Ranked among companies with meaningful Debt-to-EBITDA only.
SEDG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.18  Med: -0.24 Max: 0.09
Current: 0.01
-1.18
0.09
Piotroski F-Score: 6
Altman Z-Score: 7.40
Beneish M-Score: -2.44
WACC vs ROIC
-1.63%
73.34%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating Margin % 17.08
SEDG's Operating Margin % is ranked higher than
76% of the 859 Companies
in the Global Solar industry.

( Industry Median: 5.83 vs. SEDG: 17.08 )
Ranked among companies with meaningful Operating Margin % only.
SEDG' s Operating Margin % Range Over the Past 10 Years
Min: -36.44  Med: -2.55 Max: 17.08
Current: 17.08
-36.44
17.08
Net Margin % 15.06
SEDG's Net Margin % is ranked higher than
79% of the 859 Companies
in the Global Solar industry.

( Industry Median: 4.90 vs. SEDG: 15.06 )
Ranked among companies with meaningful Net Margin % only.
SEDG' s Net Margin % Range Over the Past 10 Years
Min: -36.87  Med: -4.78 Max: 15.64
Current: 15.06
-36.87
15.64
ROE % 28.57
SEDG's ROE % is ranked higher than
93% of the 839 Companies
in the Global Solar industry.

( Industry Median: 7.09 vs. SEDG: 28.57 )
Ranked among companies with meaningful ROE % only.
SEDG' s ROE % Range Over the Past 10 Years
Min: 25.76  Med: 36.22 Max: 133.47
Current: 28.57
25.76
133.47
ROA % 18.40
SEDG's ROA % is ranked higher than
94% of the 866 Companies
in the Global Solar industry.

( Industry Median: 3.57 vs. SEDG: 18.40 )
Ranked among companies with meaningful ROA % only.
SEDG' s ROA % Range Over the Past 10 Years
Min: -114.82  Med: 11.1 Max: 21.79
Current: 18.4
-114.82
21.79
ROC (Joel Greenblatt) % 92.60
SEDG's ROC (Joel Greenblatt) % is ranked higher than
93% of the 865 Companies
in the Global Solar industry.

( Industry Median: 12.10 vs. SEDG: 92.60 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
SEDG' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1244.62  Med: 89.18 Max: 138.07
Current: 92.6
-1244.62
138.07
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» SEDG's 30-Y Financials

Financials (Next Earnings Date: 2018-08-02 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q2 2017

SEDG Guru Trades in Q2 2017

Steven Cohen 116,400 sh (New)
Chuck Royce 3,200 sh (New)
Jeremy Grantham 323,855 sh (+6.37%)
» More
Q3 2017

SEDG Guru Trades in Q3 2017

George Soros 695,305 sh (New)
Jim Simons 932,112 sh (New)
Chuck Royce 3,200 sh (unchged)
Steven Cohen Sold Out
Jeremy Grantham 283,655 sh (-12.41%)
» More
Q4 2017

SEDG Guru Trades in Q4 2017

Caxton Associates 10,593 sh (New)
Pioneer Investments 71,100 sh (New)
George Soros 1,009,793 sh (+45.23%)
Jeremy Grantham 322,155 sh (+13.57%)
Chuck Royce Sold Out
Jim Simons 717,848 sh (-22.99%)
» More
Q1 2018

SEDG Guru Trades in Q1 2018

Pioneer Investments 155,304 sh (+118.43%)
Jim Simons 1,035,200 sh (+44.21%)
Caxton Associates Sold Out
Jeremy Grantham 302,255 sh (-6.18%)
George Soros 585,057 sh (-42.06%)
» More
» Details

Insider Trades

Latest Guru Trades with SEDG

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
George Soros 2018-03-31 Reduce -42.06%0.44%$32.2 - $56.75 $ 50.0515%585,057
George Soros 2017-12-31 Add 45.23%0.33%$28.75 - $39.7 $ 50.0545%1,009,793
George Soros 2017-09-30 New Buy0.6%$19.25 - $29.25 $ 50.05100%695,305
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Semiconductors » Solar    NAICS: 334413    SIC: 3674
Compare:XTER:S92, SZSE:002531, SHSE:603806, HKSE:00968, SZSE:002506, SZSE:300393, NAS:SPWR, HKSE:01799, HKSE:00686, NAS:CSIQ, NAS:RUN, SHSE:601126, SHSE:603366, SZSE:002218, NAS:HQCL, NYSE:JKS, XMCE:SLR, SZSE:300111, SHSE:603628, TPE:3576 » details
Traded in other countries:2ED.Germany,
Headquarter Location:Israel
SolarEdge Technologies Inc along with its subsidiaries designs, develops, and sells intelligent inverter solutions maximizing power generation at the individual PV module level while lowering the cost of energy produced by the solar PV system.

SolarEdge Technologies Inc is a provider of direct-current optimized inverter systems that maximize power generation at the individual solar module level. The company's systems consists of power optimizers, inverters, and cloud-based monitoring platforms. By deploying power optimizers at each solar module, SolarEdge enables power harvesting and module management. Products can be found in the residential, commercial, and small-utility solar installation markets. SolarEdge sells its products to large installers and engineering, procurement and construction firms, and indirectly to a multitude of smaller solar installers through distributors and electrical equipment wholesalers.

Guru Investment Theses on SolarEdge Technologies Inc

Baron Funds Comments on SolarEdge Technologies - Mar 16, 2017

SolarEdge Technologies, Inc. (NASDAQ:SEDG) is a leading provider of DC optimizers and inverters for residential and commercial solar systems. The share price fell in the fourth quarter on investor concerns around sluggish residential market growth as a result of changing purchase behavior and slowing growth of the largest installers. New competitors are looking to penetrate the U.S. market in 2017, suggesting amplified pricing pressure above market expectations and potentially lost market share for SolarEdge. We exited our position.



From Baron Energy and Resources Fund fourth quarter 2016 commentary.



Check out Ron Baron latest stock trades

Baron Energy and Resources Fund Comments on SolarEdge Technologies - Nov 21, 2016

Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG), a leading maker of inverters for solar energy systems, detracted in the third quarter as changes in the U.S. market appeared to dampen growth prospects of large installers. As the business model shifts from lease to own, the U.S. solar market is shifting from large installers to smaller, local vendors. Fears around pricing pressure due to increased competition also hurt the stock price. Although we believe this is a temporary structural adjustment, we decided to reduce our position as the market transitions.



From Baron Energy and Resources third quarter 2016 commentary.



Check out Ron Baron latest stock trades

Top Ranked Articles about SolarEdge Technologies Inc

George Soros' Top 5 Buys of 3rd Quarter The second most successful investment manager reports portfolio
George Soros (Trades, Portfolio), one of the world’s foremost investors, ceased managing investment funds in 2011 after earning about 20% average annual returns since founding Soros Fund Management in 1969. As the chairman of the firm’s second iteration managing family and foundation money, Soros and managers purchased 105 stocks in the third quarter and sold out of 70. Read more...

Ratios

vs
industry
vs
history
PE Ratio 22.07
SEDG's PE Ratio is ranked lower than
62% of the 605 Companies
in the Global Solar industry.

( Industry Median: 22.62 vs. SEDG: 22.07 )
Ranked among companies with meaningful PE Ratio only.
SEDG' s PE Ratio Range Over the Past 10 Years
Min: 7.36  Med: 18.06 Max: 3744
Current: 22.07
7.36
3744
Forward PE Ratio 15.90
SEDG's Forward PE Ratio is ranked higher than
51% of the 155 Companies
in the Global Solar industry.

( Industry Median: 19.05 vs. SEDG: 15.90 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 22.07
SEDG's PE Ratio without NRI is ranked lower than
61% of the 605 Companies
in the Global Solar industry.

( Industry Median: 22.98 vs. SEDG: 22.07 )
Ranked among companies with meaningful PE Ratio without NRI only.
SEDG' s PE Ratio without NRI Range Over the Past 10 Years
Min: 7.36  Med: 18.06 Max: 3744
Current: 22.07
7.36
3744
PB Ratio 5.09
SEDG's PB Ratio is ranked lower than
87% of the 839 Companies
in the Global Solar industry.

( Industry Median: 1.99 vs. SEDG: 5.09 )
Ranked among companies with meaningful PB Ratio only.
SEDG' s PB Ratio Range Over the Past 10 Years
Min: 1.85  Med: 4.05 Max: 9.89
Current: 5.09
1.85
9.89
PS Ratio 3.30
SEDG's PS Ratio is ranked lower than
77% of the 841 Companies
in the Global Solar industry.

( Industry Median: 1.83 vs. SEDG: 3.30 )
Ranked among companies with meaningful PS Ratio only.
SEDG' s PS Ratio Range Over the Past 10 Years
Min: 0.34  Med: 1.52 Max: 4.4
Current: 3.3
0.34
4.4
Price-to-Free-Cash-Flow 16.25
SEDG's Price-to-Free-Cash-Flow is ranked higher than
51% of the 390 Companies
in the Global Solar industry.

( Industry Median: 21.35 vs. SEDG: 16.25 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
SEDG' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 8.02  Med: 14.46 Max: 60.61
Current: 16.25
8.02
60.61
Price-to-Operating-Cash-Flow 13.39
SEDG's Price-to-Operating-Cash-Flow is ranked lower than
60% of the 504 Companies
in the Global Solar industry.

( Industry Median: 14.14 vs. SEDG: 13.39 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
SEDG' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 6.5  Med: 12.27 Max: 24.78
Current: 13.39
6.5
24.78
EV-to-EBIT 15.07
SEDG's EV-to-EBIT is ranked lower than
58% of the 614 Companies
in the Global Solar industry.

( Industry Median: 17.38 vs. SEDG: 15.07 )
Ranked among companies with meaningful EV-to-EBIT only.
SEDG' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.1  Med: 14.6 Max: 63.2
Current: 15.07
1.1
63.2
EV-to-EBITDA 14.19
SEDG's EV-to-EBITDA is ranked lower than
66% of the 674 Companies
in the Global Solar industry.

( Industry Median: 12.58 vs. SEDG: 14.19 )
Ranked among companies with meaningful EV-to-EBITDA only.
SEDG' s EV-to-EBITDA Range Over the Past 10 Years
Min: 0.9  Med: 13.5 Max: 57.8
Current: 14.19
0.9
57.8
EV-to-Revenue 2.73
SEDG's EV-to-Revenue is ranked lower than
72% of the 850 Companies
in the Global Solar industry.

( Industry Median: 1.84 vs. SEDG: 2.73 )
Ranked among companies with meaningful EV-to-Revenue only.
SEDG' s EV-to-Revenue Range Over the Past 10 Years
Min: 0.1  Med: 1.9 Max: 4.7
Current: 2.73
0.1
4.7
Current Ratio 3.60
SEDG's Current Ratio is ranked higher than
73% of the 851 Companies
in the Global Solar industry.

( Industry Median: 2.27 vs. SEDG: 3.60 )
Ranked among companies with meaningful Current Ratio only.
SEDG' s Current Ratio Range Over the Past 10 Years
Min: 0.95  Med: 3.55 Max: 4.7
Current: 3.6
0.95
4.7
Quick Ratio 2.98
SEDG's Quick Ratio is ranked higher than
74% of the 851 Companies
in the Global Solar industry.

( Industry Median: 1.71 vs. SEDG: 2.98 )
Ranked among companies with meaningful Quick Ratio only.
SEDG' s Quick Ratio Range Over the Past 10 Years
Min: 0.6  Med: 2.5 Max: 3.92
Current: 2.98
0.6
3.92
Days Inventory 59.04
SEDG's Days Inventory is ranked higher than
73% of the 835 Companies
in the Global Solar industry.

( Industry Median: 78.45 vs. SEDG: 59.04 )
Ranked among companies with meaningful Days Inventory only.
SEDG' s Days Inventory Range Over the Past 10 Years
Min: 36.16  Med: 74.6 Max: 83.99
Current: 59.04
36.16
83.99
Days Sales Outstanding 66.29
SEDG's Days Sales Outstanding is ranked lower than
53% of the 773 Companies
in the Global Solar industry.

( Industry Median: 62.35 vs. SEDG: 66.29 )
Ranked among companies with meaningful Days Sales Outstanding only.
SEDG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.78  Med: 52.79 Max: 66.29
Current: 66.29
39.78
66.29
Days Payable 67.97
SEDG's Days Payable is ranked higher than
63% of the 753 Companies
in the Global Solar industry.

( Industry Median: 50.93 vs. SEDG: 67.97 )
Ranked among companies with meaningful Days Payable only.
SEDG' s Days Payable Range Over the Past 10 Years
Min: 52.37  Med: 80.55 Max: 129.4
Current: 67.97
52.37
129.4

Buy Back

vs
industry
vs
history

Valuation & Return

vs
industry
vs
history
Price-to-Net-Cash 116.40
SEDG's Price-to-Net-Cash is ranked lower than
99.99% of the 248 Companies
in the Global Solar industry.

( Industry Median: 10.89 vs. SEDG: 116.40 )
Ranked among companies with meaningful Price-to-Net-Cash only.
SEDG' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 12.48  Med: 50.68 Max: 242.33
Current: 116.4
12.48
242.33
Price-to-Net-Current-Asset-Value 7.98
SEDG's Price-to-Net-Current-Asset-Value is ranked lower than
74% of the 574 Companies
in the Global Solar industry.

( Industry Median: 4.82 vs. SEDG: 7.98 )
Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
SEDG' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 2.94  Med: 5.76 Max: 9.37
Current: 7.98
2.94
9.37
Price-to-Tangible-Book 5.08
SEDG's Price-to-Tangible-Book is ranked lower than
82% of the 805 Companies
in the Global Solar industry.

( Industry Median: 2.15 vs. SEDG: 5.08 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
SEDG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.11  Med: 4.24 Max: 8.52
Current: 5.08
2.11
8.52
Price-to-Median-PS-Value 2.18
SEDG's Price-to-Median-PS-Value is ranked lower than
93% of the 758 Companies
in the Global Solar industry.

( Industry Median: 1.16 vs. SEDG: 2.18 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
SEDG' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.23  Med: 1 Max: 2.39
Current: 2.18
0.23
2.39
Price-to-Graham-Number 2.23
SEDG's Price-to-Graham-Number is ranked lower than
76% of the 554 Companies
in the Global Solar industry.

( Industry Median: 1.49 vs. SEDG: 2.23 )
Ranked among companies with meaningful Price-to-Graham-Number only.
SEDG' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.06  Med: 1.84 Max: 23.33
Current: 2.23
1.06
23.33
Earnings Yield (Greenblatt) % 6.66
SEDG's Earnings Yield (Greenblatt) % is ranked higher than
59% of the 863 Companies
in the Global Solar industry.

( Industry Median: 3.62 vs. SEDG: 6.66 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
SEDG' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 1.6  Med: 6.9 Max: 91.6
Current: 6.66
1.6
91.6

More Statistics

Revenue (TTM) (Mil) $701.86
EPS (TTM) $ 2.27
Beta-0.59
Volatility38.59%
52-Week Range $19.06 - 70.74
Shares Outstanding (Mil)45.01

Analyst Estimate

Dec18 Dec19 Dec20
Revenue (Mil $) 879 989 919
EBIT (Mil $) 177 194 200
EBITDA (Mil $) 189 200 214
EPS ($) 2.93 3.38 3.69
EPS without NRI ($) 2.93 3.38 3.69
EPS Growth Rate
(Future 3Y To 5Y Estimate)
22.00%
Dividends per Share ($)

Piotroski F-Score Details

Piotroski F-Score: 66
Positive ROAY
Positive CFROAY
Higher ROA yoyY
CFROA > ROAY
Lower Leverage yoyN
Higher Current Ratio yoyN
Less Shares Outstanding yoyN
Higher Gross Margin yoyY
Higher Asset Turnover yoyY

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