Fundamental Analysis of SolarEdge Technologies
On this Saturday’s Fundamental Analysis show we discuss SolarEdge (SEDG), a “provider of power optimizer, solar inverter and monitoring solutions for photovoltaic arrays.” In laymen terms, they sell products needed in the solar energy business.
Highlights from the show:
Forward P/E of 14.6
P/S ratio of 2.64
Major stake in South Korean company that sells lithium-ion batteries
30% revenue and operating income growth in the latest quarter