JinkoSolar Holding Company Limited (JKS) vs SolarEdge Technologies, Inc. (SEDG)

JinkoSolar Holding Company Limited and SolarEdge Technologies, Inc. are both Solar companies. SolarEdge Technologies, Inc. is the larger, with a market value of $2.0B against $486.0M — 4.1× the size. SolarEdge Technologies, Inc. grew revenue faster over the last twelve months: 41.7% against −19.1%. JinkoSolar Holding Company Limited has the higher net margin (−5.87% vs −20.3%) and the higher return on invested capital (−15.2% vs −59.6%). Across the 18 metrics below, JinkoSolar Holding Company Limited leads on 10 and SolarEdge Technologies, Inc. on 8.

Valuation

Metric JKS SEDG Solar median
P/E n/m n/m 10.93
P/S 0.06 1.50 0.54
P/B 0.14 4.84 1.44
Price to free cash flow n/m 18.48 9.91
EV/EBITDA n/m n/m 9.90
EV/Sales 0.10 1.57 0.74
Earnings yield (111.41%) (13.77%) 0.00%
Free cash flow yield (383.19%) 5.41% 0.00%

Profitability

Metric JKS SEDG Solar median
Gross margin 4.68% 23.27% 31.92%
Operating margin (11.51%) (11.60%) (9.70%)
Net margin (5.87%) (20.29%) (8.48%)
Free cash flow margin 0.00% 8.85% (2.95%)
Return on equity 0.00% (58.42%) 5.34%
Return on assets (2.91%) (11.28%) (5.36%)
Return on invested capital (15.23%) (59.63%) (5.27%)

Growth

Metric JKS SEDG Solar median
Revenue growth (TTM) (19.06%) 41.65% 16.97%
EPS growth (last fiscal year) (1,668.12%) 78.26% —
Revenue growth, 5-year CAGR 7.89% (4.09%) 14.00%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric JKS SEDG Solar median
Debt to equity 1.10 0.85 0.09
Current ratio 1.13 2.03 1.33
Net debt to EBITDA (14.38) 0.84 0.03

Dividend

Metric JKS SEDG Solar median
Dividend yield 0.95% — —
Payout ratio 0.00 0.00 0.00

Size

Metric JKS SEDG Solar median
Market cap 486.01m 1.98b 43.46m

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