Deep Capital Weakness Overshadows Modest Valuation
SMA Solar’s valuation (P/E 17.3x) appears modest, but deep capital and earnings weakness (ROIC -55.58%, net income negative) dominate the picture. The core business remains structurally loss-making. Market stress is acute, with extreme drawdown and bottom-decile stability. A turnaround would require positive ROIC, sustained earnings, and visible results from cost initiatives.
Published by AssetNext · 2026-04-13
| Date | Signal | Peer score | Drawdown | 21d vs sector |
|---|---|---|---|---|
| 2026-04-15 | Weak businesses rallying | 32 | 0.0% | +31.1% |
| 2026-04-13 | Weak businesses rallying | 32 | -7.3% | +17.5% |
| 2026-04-09 | Weak businesses rallying | 29 | -3.3% | +36.5% |
| 2026-04-07 | Weak businesses rallying | 29 | -5.3% | +42.4% |
| 2026-04-02 | Weak businesses rallying | 49 | -1.3% | +39.3% |
| 2026-03-30 | Weak businesses rallying | 49 | -3.1% | +36.4% |
| 2026-03-27 | Weak businesses rallying | 50 | 0.0% | +46.8% |
Break down S92.DE's structural position across all peer dimensions with the interactive app.