SMTGY (SMA Solar Technology AG) ROCE %: 8.04% (As of Mar. 2026)


SMTGY SMA Solar Technology AG SMTGY
66 GF Score
Price $5.91
GF Value $3.73
Valuation Significantly Overvalued
! 3 Warning Signs
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What is SMA Solar Technology AG ROCE %?

SMA Solar Technology AG SMTGY +0.60% 66 ROCE % is 8.04% as of Mar. 2026. GuruFocus rates SMTGY with a GF Score™ of 66/100 and a GF Value™ of $3.73 (Significantly Overvalued). The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. SMA Solar Technology AG's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.04%.

SMA Solar Technology AG  (OTCPK:SMTGY) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

SMA Solar Technology AG ROCE % Related Terms

SMA Solar Technology AG ROCE % Historical Data

* Premium members only.

The historical data trend for SMA Solar Technology AG's ROCE % can be seen below:

* 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.

SMA Solar Technology AG ROCE % Chart

SMA Solar Technology AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.39 5.21 32.85 -10.01 -25.94

SMA Solar Technology AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.44 -14.24 -53.82 -37.04 8.04
SMTGY
66GF Score
SMA Solar Technology AG SMTGY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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SMA Solar Technology AG ROCE % Calculation

SMA Solar Technology AG's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-218.555/( ( (1613.849 - 732.349) + (1529.24 - 725.395) )/ 2 )
=-218.555/( (881.5+803.845)/ 2 )
=-218.555/842.6725
=-25.94 %

SMA Solar Technology AG's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=64.248/( ( (1529.24 - 725.395) + (1487.772 - 694.04) )/ 2 )
=64.248/( ( 803.845 + 793.732 )/ 2 )
=64.248/798.7885
=8.04 %

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

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 8.04% mean?
SMA Solar Technology AG (SMTGY) has a ROCE % of 8.04% as of Mar. 2026.
Is SMA Solar Technology AG's ROCE % too high?
SMA Solar Technology AG's current ROCE % is 8.04%. The Semiconductors industry median ROCE % is 4.81. SMA Solar Technology AG's value of 8.04% is 67.3% above this industry median. Overall, SMA Solar Technology AG has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMA Solar Technology AG's ROCE % compare to FSLR and NXT?
SMA Solar Technology AG's ROCE % of 8.04% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. SMA Solar Technology AG's value of 8.04% is 67.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Semiconductors company?
The median ROCE % among Semiconductors companies is 4.81, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SMA Solar Technology AG's current ROCE % of 8.04% is 67.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Semiconductors industry, the median ROCE % is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMA Solar Technology AG's current ROCE % is 8.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMA Solar Technology AG stock overvalued right now?
Based on GuruFocus' analysis, SMA Solar Technology AG (SMTGY) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.73, compared to a current price of $5.91 — trading 58.5% above its estimated fair value. The current ROCE % is 8.04% and 67.3% above the Semiconductors industry median of 4.81. SMA Solar Technology AG's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For SMA Solar Technology AG (SMTGY), the current ROCE % is 8.04% 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.

Is SMA Solar Technology AG (SMTGY) Overvalued in 2026?

Based on GuruFocus' analysis, SMA Solar Technology AG stock appears to be overvalued. The current stock price of $5.91 is trading 58.5% above its estimated GF Value™ of $3.73. GuruFocus considers SMA Solar Technology AG to be Significantly Overvalued.

Key valuation signals for SMTGY:

  • ROCE %: 8.04%
  • GF Value™: $3.73 vs. price of $5.91 (58.5% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 67.3% above the Semiconductors median

No single metric tells the full story. See the SMTGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SMA Solar Technology AG Business Description

Address Sonnenallee 1, Niestetal, DEU, 34266
SMA Solar Technology AG produces, develops, and sells systems and solutions for the efficient and sustainable generation, storage, and use of solar energy. Its products include PV and battery inverters, monitoring systems for PV systems, charging solutions for electric vehicles, as well as energy management systems, and digital services for the future energy supply. The company operates through the following segments: Home & Business Solutions and Large Scale & Project Solutions. The Large Scale & Project Solutions segment, which derives key revenue for the company, offers products, systems, and solutions around the globe for solar, storage, and hydrogen projects on a power plant scale, as well as for the transition of power grids toward a higher share of renewable energy.
66GF Score

Get the complete analysis for SMTGY

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

$5.91
Price
$3.73
GF Value