Soltec Power Holdings SA (SOL) AI Stock Analysis

Soltec Power Holdings SA

(BME:SOL)

Select Model

Rating:38Underperform

Price Target:EUR 0.45▼(-0.66% Downside)

Action:reiterated

Date:10/29/26

Soltec's exceptionally poor score is driven by extreme financial distress and persistent technical weakness. The most critical risks are collapsing revenues, negative gross margins, and a wiped-out equity base that creates severe insolvency threats. Furthermore, the stock is locked in a steep technical downtrend across all key moving averages. Although the P/E ratio appears low, it acts as a value trap rather than a buying opportunity.

Positive Factors

Utility-Scale Solar SpecializationA focused position in utility-scale solar tracking gives Soltec a clear role in a structurally important renewable-energy segment. Its specialized equipment and related services can support customer project performance and create a durable basis for competing as solar deployment expands.

Negative Factors

Severe Revenue ContractionRepeated revenue declines indicate that Soltec's current project pipeline and delivery cadence are not producing stable top-line performance. A shrinking revenue base can reduce operating leverage, weaken bargaining power, and make it harder to fund product development or sustain commercial capacity.

Soltec Power Holdings SA (SOL) vs. iShares MSCI Spain ETF (EWP)

Market Cap: EUR 207.25M
Dividend Yield: ―
Average Volume (3M): 698.81K
Price to Earnings (P/E): 1.5
Beta (1Y): -0.05
Revenue Growth: -90.86%
EPS Growth: ―
Country: Spain
Employees: 331
Sector: Technology
Sector Strength: 61
Industry: Solar

Soltec Power Holdings SA Business Overview & Revenue Model

Company Description

Soltec Power Holdings, S.A. specializes in delivering comprehensive photovoltaic energy solutions, with operations extending across numerous nations including Spain, Italy, Brazil, the United States, Mexico, Argentina, Chile, Colombia, Panama, Peru,...

How the Company Makes Money

Soltec makes money primarily by selling and delivering solar tracking systems for PV power plants. Revenue is generally generated through: (1) product and project delivery of trackers and associated components under supply contracts for utility-scale...

Soltec Power Holdings SA Financial Statement Overview

Summary

Financials reflect a highly distressed state with collapsing revenues, negative gross margins, and a severe negative equity position, posing extreme solvency risks despite minor improvements in cash flow burn.

Income Statement

12Very Negative

Balance Sheet

8Very Negative

Cash Flow

25Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	14.18M	69.73M	326.32M	407.14M	568.20M	346.51M
Gross Profit	-33.67M	-5.05M	93.42M	168.53M	239.39M	127.06M
EBITDA	-51.66M	-31.59M	-57.52M	-1.86M	35.64M	4.74M
Net Income	6.33M	12.71M	-205.79M	-23.38M	13.09M	-1.17M
Balance Sheet
Total Assets	303.83M	333.30M	463.58M	733.79M	555.81M	476.95M
Cash, Cash Equivalents and Short-Term Investments	22.76M	49.66M	10.71M	38.56M	29.15M	43.55M
Total Debt	145.15M	133.07M	207.24M	249.30M	163.65M	110.72M
Total Liabilities	367.17M	364.17M	541.21M	589.94M	393.14M	329.97M
Stockholders Equity	-63.46M	-30.73M	-77.56M	143.93M	162.71M	147.03M
Cash Flow
Free Cash Flow	-24.37M	-1.52M	-2.86M	-27.42M	-59.73M	-78.41M
Operating Cash Flow	-21.12M	1.50M	3.57M	-5.20M	20.73M	17.12M
Investing Cash Flow	3.75M	18.31M	-13.58M	-32.19M	-99.16M	-101.20M
Financing Cash Flow	3.16M	5.59M	2.54M	60.93M	64.02M	-5.89M

Soltec Power Holdings SA Technical Analysis

Technical Analysis SentimentNegative

Last Price0.45

Price Trends

50DMA0.67Negative

100DMA0.76Negative

200DMA0.85Negative

Market Momentum

MACD-0.05Negative

RSI28.31Positive

STOCH18.18Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:SOL, the sentiment is Negative. The current price of 0.45 is below the 20-day moving average (MA) of 0.50, below the 50-day MA of 0.67, and below the 200-day MA of 0.85, indicating a bearish trend. The MACD of -0.05 indicates Negative momentum. The RSI at 28.31 is Positive, neither overbought nor oversold. The STOCH value of 18.18 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ES:SOL.

Soltec Power Holdings SA Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

ES:SOL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
ES:HBX	54Neutral	EUR 1.89B	10.48	23.11%	0.95%	―	―
ES:DOM	49Neutral	EUR 371.96M	35.33	4.81%	2.13%	-10.49%	-38.69%
ES:SOL	38Underperform	EUR 207.25M	1.52	-13.43%	―	-90.86%	―

* Technology Sector Average

Performance Comparison

ES:SOL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
ES:SOL	Soltec Power Holdings SA	0.45	-1.29	-74.03%
ES:DOM	Global Dominion Access SA	2.48	-0.67	-21.24%
ES:UMB	Umbrella Solar Investment SA	2.98	-0.68	-18.56%
ES:ATSI	Aplicaciones y Tratamiento de Sistemas, S.A.	3.38	-1.06	-23.87%
ES:HBX	Hbx Group International Plc	7.86	0.97	14.09%

Soltec Power Holdings SA Corporate Events

Soltec Widens First-Half Loss and Deepens Negative Equity as Board Reshapes Key Committee

Sep 25, 2026

Soltec Power Holdings SA has published its financial report for the first half of 2026, showing a deterioration in its consolidated balance sheet and income statement. Total assets fell by EUR 29.5 million versus year-end 2025, driven by lower long-t...

Soltec Power Holdings Board Affirms Integrity of First-Half 2026 Results

Sep 25, 2026

Soltec Power Holdings SA has released its first semi-annual financial report for 2026, covering the period ended June 30, 2026, with the document formally signed by the board on September 24, 2026. The company’s chief executive officer, chairma...

Soltec Board Member Luigi Pigorini Resigns After Move to Italy

Sep 17, 2026

Soltec Power Holdings S.A., based in Molina de Segura, Murcia, operates in the renewable energy industry through the Soltec Group, focusing on solar power and overseen by a Board of Directors and specialized committees. The company follows listed-mar...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 29, 2026

Soltec Power Holdings SA AI Stock Analysis