SMXT (SolarMax Technology) EBIT: $-5.12 Mil (TTM As of Mar. 2026)

What is SolarMax Technology EBIT?

SolarMax Technology SMXT -0.06% 17 EBIT is $-5.12 Mil as of Mar. 2026. GuruFocus rates SMXT with a GF Score™ of 17/100. The stock has 5 warning signs investors should review.

SolarMax Technology's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-0.02 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-5.12 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SolarMax Technology's annualized ROC % for the quarter that ended in Mar. 2026 was 0.80%. SolarMax Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -0.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. SolarMax Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -10.29%.

SolarMax Technology (NAS:SMXT) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

SolarMax Technology's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	0.384 * ( 1 - 1.92% )	/	( (44.091	+	50.618)	/ 2 )
=	0.3766272	/	47.3545
=	0.80 %

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	91.287	-	67.558	-	( 8.489	-	max(0, 95.711	-	75.349	+	8.489	))
=	44.091

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	106.194	-	73.138	-	( 4.307	-	max(0, 98.018	-	80.456	+	4.307	))
=	50.618

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

SolarMax Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-0.06	/	( ( (1.778 + max(-55.447, 0))	+	(11.927 + max(-59.849, 0)) )	/	2 )
=	-0.06	/	( ( 1.778	+	11.927 )	/	2 )
=	-0.06	/	6.8525
=	-0.88 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(12.94	+	2.062	+	3.4)	-	(67.558	+	3.02	+	3.271)
=	-55.447

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(12.283	+	1.718	+	5.095)	-	(73.138	+	3.059	+	2.748)
=	-59.849

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

SolarMax Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	-5.118	/	49.721
	=	-10.29 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SolarMax Technology EBIT Related Terms

SolarMax Technology EBIT Historical Data

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The historical data trend for SolarMax Technology's EBIT can be seen below:

SolarMax Technology EBIT Chart

SolarMax Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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-1.62

-5.01

1.95

-31.73

-6.09

SolarMax Technology Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial															-0.99	-1.64	-2.42	-1.04	-0.02

SMXT vs ZEO, BEEM, SPRU: EBIT Comparison

For the Solar subindustry, SolarMax Technology's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SolarMax Technology EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, SolarMax Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where SolarMax Technology's EV-to-EBIT falls into.

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17GF Score

SolarMax Technology Inc SMXT

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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SolarMax Technology EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.12 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-5.12 Mil mean?

SolarMax Technology (SMXT) has a EBIT of $-5.12 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SolarMax Technology.

Is SolarMax Technology's EBIT too high?

SolarMax Technology's current EBIT is $-5.12 Mil. Overall, SolarMax Technology has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.

How does SolarMax Technology's EBIT compare to ZEO and BEEM?

SolarMax Technology's EBIT of $-5.12 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a Semiconductors company?

A good EBIT depends on the Semiconductors industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on SolarMax Technology. SolarMax Technology's current EBIT is $-5.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is SolarMax Technology stock overvalued right now?

SolarMax Technology (SMXT) has a current EBIT of $-5.12 Mil. The current EBIT is $-5.12 Mil. SolarMax Technology's overall GF Score™ is 17/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For SolarMax Technology (SMXT), the current EBIT is $-5.12 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SolarMax Technology Business Description

Industry Technology Semiconductors

Comparable Companies ZEO BEEM SPRU PN MAXNQ SUNE APWL GSLR ASTI FTCI FSLR NXT SHSE:600438 NSE:WAAREEENER ENPH SHSE:688223 SHSE:688472 SZSE:002056 SHSE:688599 NSE:PREMIERENE

Other Exchanges 6W1:Germany

Address 3080 12th Street, Riverside, CA, USA, 92507

Website https://www.solarmaxtech.com

SolarMax Technology Inc is an integrated solar and renewable energy company. The United States business includes the sale and installation of photovoltaic and battery backup systems. China operations consist of operating and maintaining solar farm projects and identifying and procuring solar farm projects for resale to third parties. Some of its products are LG Solar Panels, Q-CELL Solar Panels, Panasonic Solar Panels, and others. The company generates a majority of its revenue from solar energy systems.

17GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.31

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