SMA Solar Technology AG

S92 · Technology

About SMA Solar Technology AG (S92)

SMA Solar Technology AG is a Solar company operating in the Technology sector. The company is headquartered in Niestetal, Germany. S92 has been publicly traded since 2008, giving it 18+ years of trading history.

SMA Solar Technology AG (S92) has been publicly traded since 2008, making it a 18-year-old public company. It operates in the Solar industry within the Technology sector. The company is headquartered in Niestetal, Germany and employs approximately 3,718 people. With a market capitalization of €1178 million, S92 is a smaller company with higher growth potential.

S92 trades on the German stock exchanges (XETRA/Frankfurt) and is classified as a small-cap-cap stock with a market capitalization of approximately €1178 million. The company employs approximately 3,718 people worldwide.

Sector
Technology
Industry
Solar
Headquarters
Niestetal, Germany
IPO Year
2008

Key Statistics

Current Price
€33.96
Market Cap
€1.18B
52-Week High
€39.10
52-Week Low
€11.85
Sector
Technology
Industry
Solar

S92 Investment Performance

S92 has declined 0.3% year-to-date in 2026. Over the past 5 years, a €1,000 investment in S92 would have grown to €689, representing a -31.1% total return. Since its IPO in 2008, a €1,000 investment would now be worth €683.

€1,000 Invested in SMA Solar Technology AG (S92)

1 Year
€2,258
+126%
3 Years
€346
+-65%
5 Years
€689
+-31%
10 Years
€767
+-23%
Since IPO
€683
+-32%

How much would €1,000 invested in S92 be worth today?

What would €1,000 invested in S92 1 year ago be worth today?

A €1,000 investment in SMA Solar Technology AG (S92) in 2025 would be worth €2,258 as of March 2026, representing a +125.8% total return.

What would €1,000 invested in S92 3 years ago be worth today?

A €1,000 investment in SMA Solar Technology AG (S92) in 2023 would be worth €346 as of March 2026, representing a -65.3% total return.

What would €1,000 invested in S92 5 years ago be worth today?

A €1,000 investment in SMA Solar Technology AG (S92) in 2021 would be worth €689 as of March 2026, representing a -31.1% total return.

What would €1,000 invested in S92 10 years ago be worth today?

A €1,000 investment in SMA Solar Technology AG (S92) in 2016 would be worth €767 as of March 2026, representing a -23.3% total return.

What would €1,000 invested in S92 at IPO be worth today?

A €1,000 investment in SMA Solar Technology AG (S92) at IPO would be worth €683 as of March 2026, representing a -31.7% total return.

Monthly Returns Heatmap

Avg Monthly Return
+1.17%
Positive Months
110
52% of 211
Negative Months
101
48% of 211
Data Period
17+ years
211 months
Best Performers
Best month ever: Aug 2020 (+52.8%)
Best month on avg: May (+6.6%)
Worst Performers
Worst month ever: Sep 2011 (-45.7%)
Worst month on avg: September (-5.4%)

Over the past 17+ years (211 months), SMA Solar Technology AG (S92) has averaged a monthly return of +1.17% with a median return of +0.70%. The stock had 110 positive months (52%) and 101 negative months (48%). The best month in S92's history was August 2020 with a +52.8% return, while the worst was September 2011 at -45.7%. Historically, May tends to be the strongest month (averaging +6.6%), and September the weakest (-5.4%).

S92's longest winning streak was 9 consecutive months of gains, while its longest losing streak was 9 consecutive months of losses. The best full year was 2015 with a cumulative return of +145.2%, and the worst was 2024 at -120.3%.

Annual Returns

Over 18 years of trading history, SMA Solar Technology AG (S92) has delivered an average annual return of +26.83% with a median return of -4.88%. The compound annual growth rate (CAGR) is +0.58%. The stock posted gains in 8 years (44%) and losses in 10 years (56%).

S92's best year was 2015 with a +238.04% gain, while the worst was 2024 at -76.31%. The longest streak of consecutive positive years was 2, and the longest losing streak was 3 years. S92 achieved double-digit gains (10%+) in 8 years. It suffered double-digit losses in 8 years.

Avg Return
+26.83%
Best Year
2015 (+238.04%)
Worst Year
2024 (-76.31%)
Positive Years
8/18
Year Return Start End
2026 -0.35% €34.08 €33.96
2025 +139.83% €14.21 €34.08
2024 -76.31% €59.98 €14.21
2023 -9.42% €66.22 €59.98
2022 +78.84% €37.03 €66.22
2021 -32.75% €55.06 €37.03
2020 +61.89% €34.01 €55.06
2019 +108.32% €16.32 €34.01
2018 -53.62% €35.20 €16.32
2017 +44.89% €24.29 €35.20
2016 -51.30% €49.89 €24.29
2015 +238.04% €14.76 €49.89
2014 -33.36% €22.15 €14.76
2013 +23.92% €17.87 €22.15
2012 -53.73% €38.63 €17.87
2011 -35.23% €59.63 €38.63
2010 -24.28% €78.76 €59.63
2009 +157.50% €30.58 €78.76

S92 Investment Analysis: Valuation, Risk & Dividends

Key factors to consider when evaluating SMA Solar Technology AG as an investment

Valuation

The forward P/E ratio is 19.8. The price-to-book ratio stands at 2.9. The price-to-sales ratio is 0.7.

Dividends

SMA Solar Technology AG does not currently pay a dividend, choosing to reinvest earnings back into the business for growth.

Risk & Volatility

S92 has a beta of 1.22, indicating it is significantly more volatile than the overall market. The stock's 52-week range is €11.85 to €39.10, and it currently trades near its 52-week high.

Analyst Ratings

Based on 5 analyst opinions, S92 has a consensus "hold" rating. The average price target of €33.40 suggests 1.6% downside from current levels.

Frequently Asked Questions: S92

What sector is S92 in?

S92 operates in the Technology sector, specifically in the Solar industry. This sector includes companies involved in software, hardware, semiconductors, and IT services.

How has S92 performed historically?

Over 18 years of trading history, S92 has posted gains in 8 years (44% of the time). The best year was 2015 with a +238.0% return. Past performance does not guarantee future results.

How can I invest in S92?

You can invest in S92 through any brokerage account that offers access to German exchanges. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold S92.

Does S92 pay dividends?

SMA Solar Technology AG does not currently pay a dividend, choosing to reinvest earnings back into the business for growth.

What does SMA Solar Technology AG do?

SMA Solar Technology AG is a Solar company operating in the Technology sector. The company is headquartered in Niestetal, Germany.

What sector is S92 in?

S92 operates in the Technology sector, specifically in the Solar industry.

When did S92 go public?

SMA Solar Technology AG went public in 2008, making it a 18-year-old public company as of 2026.

How much would €1,000 invested in S92 5 years ago be worth today?

A €1,000 investment in S92 five years ago would be worth approximately €689 today, representing a -31.1% return.

How much would €1,000 invested in S92 10 years ago be worth today?

A €1,000 investment in S92 ten years ago would be worth approximately €767 today, representing a -23.3% total return over the decade.

What is S92's 3-year return?

Over the past 3 years, S92 has returned -65.3%. A €1,000 investment would have grown to €346.

How much would €1,000 invested in S92 at IPO be worth today?

If you invested €1,000 in S92 at its IPO in 2008, it would be worth approximately €683 today, a -31.7% return over 18 years.

Does S92 pay dividends?

No, SMA Solar Technology AG does not currently pay a dividend. The company reinvests its earnings into growth.

What is S92's market cap?

SMA Solar Technology AG has a market capitalization of €1178 million, classifying it as a small-cap company.

Is S92 a buy, hold, or sell?

Based on 5 opinions, S92 has a consensus "hold" rating. The average price target is €33.4.

Last updated: 3/15/2026