Huge negative momentum SMA Solar

Because of the huge loss of 42 percent since early this year, the share is one of the worst shares of the semiconductor sector. The average stock of the semiconductor sector yielded the this year a loss of 17 percent. Other bad performing shares in the peer group are Ideal Power Inc., Mosys Inc and Parkervision. Among the losers in the sector are Ideal Power Inc., Mosys Inc and Parkervision.

Momentum semiconductor sector

On average the sector trades costs now 11 times the earnings per share. The sector trades now at 1,49 times the book value per share. The returns since 2007 are +457 percent and since 2012 +344 percent.

For this year SMA Solar's revenue will be around 842,43 million euros. This is according to the average of the analysts' estimates. This is slightly lower than 2017's revenue of 891,05 million euros.

Historical revenues and results SMA Solar plus estimates 2018

The analysts expect for 2018 a net loss of 36 million euros. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a loss per share of 23 cent. Based on this the price/earnings-ratio is -90,52.

Despite the expected loss the company will probably pay a dividend. Analysts expect a dividend of 0,27 cents per share. SMA Solar's dividend yield thus equals 1,3 percent. The average dividend yield of the semiconductor companies equals a poor 0,5 percent.

Most recent target prices around 35 euros

Independent Research, M.M. Warburg & Co. and Macquarie Research recently provided recommendations for the stock.

SMA Solar's market capitalization is based on the number of outstanding shares around 722,45 million euros. The SMA Solar stock was the past 12 months quite volatile. Since last November the stock is 48 percent lower. This year the stock price moved between 18 and 63 euro. Since 2008 the stock price is almost 43 percent lower.

Historical stock prices SMA Solar

At 17.35 the stock trades 1,23 percent lower at 20,82 euros.

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