We attended the RE+ conference and trade show in Anaheim, California. The conference and exhibit hall provided an opportunity to meet with companies as well as see latest product unveilings. We highlight our key takeaways below.
SolarEdge is one of the largest solar inverter manufacturers in the world based on revenue.
SolarEdge does not enjoy the same competitive position in Europe as it does in the US.
|
Metric
|
SEDG
|
TSLA
|
GNRC
|
|---|---|---|---|
Price/Earnings (Normalized) | 5.34 | 100.36 | 27.27 |
Price/Book Value | 0.59 | 11.97 | 4.11 |
Price/Sales | 0.81 | 9.12 | 2.46 |
Price/Cash Flow | — | 63.57 | 22.80 |
|
Metric
|
SEDG
|
TSLA
|
GNRC
|
|---|---|---|---|
Quick Ratio | 2.00 | 1.24 | 0.91 |
Current Ratio | 5.10 | 1.91 | 2.25 |
Interest Coverage | −92.56 | 25.38 | 4.36 |
|
Metric
|
SEDG
|
TSLA
|
GNRC
|
|---|---|---|---|
Return on Assets (Normalized) | −7.67% | 14.43% | 7.02% |
Return on Equity (Normalized) | −14.38% | 24.84% | 15.30% |
Return on Invested Capital (Normalized) | −10.79% | 20.04% | 10.50% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| First Solar Inc
FSLR
| Ljjyscl | Qhwps | $25.1 Bil | |||
| Enphase Energy Inc
ENPH
| Fcjyyhcs | Fmy | $14.7 Bil | |||
| NEXTracker Inc Ordinary Shares - Class A
NXT
| Cwczqdrvy | Pwfs | $5.2 Bil | |||
| Xinyi Solar Holdings Ltd
XNYIF
| — | Rbm | $5.1 Bil | |||
| Xinyi Solar Holdings Ltd ADR
XISHY
| — | Ksf | $5.1 Bil | |||
| GCL Technology Holdings Ltd
GCPEF
| — | Ndvb | $5.1 Bil | |||
| Sunrun Inc
RUN
| Cyfflbdz | Qkmp | $3.8 Bil | |||
| JinkoSolar Holding Co Ltd DR
JKS
| — | Xxd | $1.3 Bil | |||
| Shoals Technologies Group Inc Ordinary Shares - Class A
SHLS
| Lrgrzvr | Clh | $854.9 Mil |
:quality(80)/author-service-images-prod-us-east-1.publishing.aws.arc.pub/morningstar/a3416e63-64d9-4054-99c0-22cd1547b5a2.jpg)
United States