Soltec Power Holdings SA (SOL) AI Stock Analysis

• Market Cap: €158.98M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.65
• Revenue Growth: -17.34%
• EPS Growth: -781.26%
• Country: ES
• Employees: 1,434
• Sector: Energy
• Sector Strength: 45
• Industry: Solar
• EPS (TTM): N/A
• Shares Outstanding: 91,386,720
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €1.50
• Price Target Upside: -14.29% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1

• Rating: 39 Underperform
• Price Target: €1.50 ▼(-14.29% Downside)

Soltec Power Holdings SA's overall stock score is primarily impacted by its weak financial performance and poor valuation metrics, compounded by technical analysis signaling a potential overbought condition. These factors contribute to a low attractiveness of the stock.

Soltec Power Holdings SA Business Overview & Revenue Model

Company Description

Soltec Power Holdings, S.A. engages in the development of integrated solutions for photovoltaic energy projects in Spain, Italy, Brazil, the United States, Mexico, Argentina, Chile, Colombia, Panama, Peru, Australia, China, India, Thailand, Greece, Turkey, Denmark, Egypt, Israel, Jordan, Kenya, and Namibia. The company engages in the supply, installation, and maintenance of solar trackers; development of solar power generation projects through the sale, transfer, and/or acquisition; and commercialization, marketing, and management of renewable energy equipment based on supply, installation, and maintenance works. The company is also involved in the provision of technical engineering services and activities related to technical advice; production and sale of renewable energies; construction, installation, repair, and maintenance of facilities related to renewable energies; development services office; management of solar and photovoltaic projects; supervision of electrical contraction works; and exploitation and implementation of solar energy. The company was founded in 2004 and is headquartered in Murcia, Spain.

How the Company Makes Money

Soltec Power Holdings SA generates revenue primarily through the sale of its solar tracking solutions to utility-scale solar projects. The company earns money by designing, manufacturing, and selling solar tracker units that are used to increase the energy output from solar panels. Additionally, Soltec may offer related engineering and construction services, including installation and maintenance, which provide supplementary income. The company's key revenue streams include direct sales to solar power plant developers and operators, as well as strategic partnerships and collaborations with other renewable energy firms to expand its market reach and enhance its technological offerings. Soltec's earnings are significantly influenced by the global demand for renewable energy solutions and the company's ability to innovate and maintain competitive pricing in the solar technology market.

Soltec Power Holdings SA Financial Statement Overview

Summary

Soltec Power Holdings SA faces significant financial challenges, including declining revenues, negative profitability, and a highly leveraged balance sheet with negative equity. Although there's an improvement in operating cash flow, the overall financial health remains under strain.

Income Statement

Soltec Power Holdings SA has experienced declining revenue with a significant drop from 2022 to 2023 and further decline in 2024. The company reported negative EBIT and EBITDA margins over the last two years, reflecting operational inefficiencies. Gross profit margins have also decreased over time, eroding profitability. Net income has been negative for the last few years, indicating challenges in converting sales into profit.

Balance Sheet

The balance sheet shows a concerning debt-to-equity ratio, particularly with negative stockholders' equity in 2024, indicating over-leverage. Total liabilities have consistently exceeded total assets, leading to negative equity and highlighting financial instability. The equity ratio has deteriorated, signaling potential risk in financial health.

Cash Flow

Cash flow analysis reveals an improvement in operating cash flow in 2024, although free cash flow remains negative. The operating cash flow to net income ratio improved, suggesting better operational cash generation relative to net income. However, persistent negative free cash flow signals challenges in covering capital expenditures and other financial obligations.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	326.32M	407.14M	568.20M	346.51M	235.65M
Gross Profit	93.42M	168.53M	239.39M	127.06M	58.68M
EBITDA	-57.52M	-4.63M	35.64M	4.74M	-759.00K
Net Income	-205.79M	-23.38M	13.09M	-1.17M	-4.93M
Balance Sheet
Total Assets	463.58M	733.79M	555.81M	476.95M	311.44M
Cash, Cash Equivalents and Short-Term Investments	10.71M	38.56M	29.15M	43.55M	128.05M
Total Debt	207.24M	249.30M	174.22M	108.66M	85.89M
Total Liabilities	541.21M	589.94M	393.14M	329.97M	168.97M
Stockholders Equity	-77.56M	143.93M	162.71M	147.03M	142.47M
Cash Flow
Free Cash Flow	-2.86M	-27.42M	-59.73M	-78.41M	-41.65M
Operating Cash Flow	3.57M	-5.20M	20.73M	17.12M	-34.11M
Investing Cash Flow	-13.58M	-32.19M	-99.16M	-101.20M	-6.88M
Financing Cash Flow	2.54M	60.93M	64.02M	-5.89M	141.05M

Soltec Power Holdings SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	56 Neutral	C$4.17B	2.50	16.25%	5.59%	6.33%	-50.37%
SOL	39 Underperform	€158.98M	―	-369.96%	―	-17.34%	-781.26%
0H4K	―	€9.35B	11.20	18.00%	―	―	―
0K96	―	€696.57M	26.59	-0.33%	―	―	―
0KCD	―	€1.49B	12.56	19.50%	―	―	―
0MKT	―	€1.70B	15.82	26.16%	―	―	―
5GR	―	€1.68B	19.90		―	―	―

Soltec Power Holdings SA Corporate Events

Soltec Power Holdings Announces Changes in Director Remuneration Policy Amidst Investor Offer

Soltec Power Holdings SA has announced a planned modification to its director remuneration policy following organizational changes within its Board of Directors. This adjustment aims to align the remuneration scheme with the company’s current structure while maintaining the core terms of the existing policy. Additionally, the company has received a conditional offer from an investor for a majority stake, which could lead to further changes in the remuneration policy and shareholding structure, reflecting a strategic move under a restructuring plan in accordance with the Insolvency Law.

Soltec Power Holdings SA Announces Shareholders’ Meeting Amid Financial Restructuring Efforts

Soltec Power Holdings SA has announced the convening of its Ordinary General Shareholders’ Meeting scheduled for July 2025. The company reported a turnover of 326 million euros for the fiscal year 2024, alongside significant financial challenges, including a negative EBITDA of 28 million euros and losses of 206 million euros. In response to these challenges, Soltec is actively working on a debt restructuring and recapitalization plan with DVC Partners and other stakeholders, aiming to stabilize its financial position and ensure future growth.

Soltec Receives Major Investment Offer Amid Restructuring

Soltec Power Holdings SA has received a binding offer from DVC Partners for a 30 million euro investment, which would grant the investor an 80% stake in the company post-capital increase. This investment is part of a broader restructuring plan aimed at improving Soltec’s financial stability by reducing debt and strengthening its capital structure, contingent on creditor approval and other conditions.