Want to see ES:SOL full AI Analyst Report?
Top Page
Soltec Power Holdings SA
(BME:SOL)
Select Model
Select Model
Rating:46Neutral
Price Target:
€0.65
▼(-22.38% Downside)
Action:Reiterated
Date:09/29/26
The score is held down primarily by deteriorating financial performance (sharp revenue contraction, deeply negative operating profitability, negative free cash flow, and negative equity). Technicals also weaken the outlook with the price below key moving averages and bearish momentum, despite extreme oversold readings. Valuation provides some offset via a very low P/E, but it is less persuasive given the underlying financial and balance-sheet risk.
Positive Factors
Recurring services
Lifecycle services can complement tracker sales with repeat revenue over the operating life of a solar plant. This creates a potentially more durable revenue stream than relying solely on new project awards, while also deepening customer relationships and supporting the installed base.
Negative Factors
Revenue contraction
The multi-year revenue deterioration indicates that Soltec’s current business volume is under substantial pressure, whether from demand or project timing. A shrinking revenue base reduces operating leverage, limits reinvestment capacity, and makes recovery dependent on stabilizing project awards and deliveries.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring services
Lifecycle services can complement tracker sales with repeat revenue over the operating life of a solar plant. This creates a potentially more durable revenue stream than relying solely on new project awards, while also deepening customer relationships and supporting the installed base.
Read all positive factors
Soltec Power Holdings SA (SOL) vs. iShares MSCI Spain ETF (EWP)
Market Cap
€292.16M
Dividend YieldN/A
Average Volume (3M)293.08K
Price to Earnings (P/E)2.3
Beta (1Y)-0.35
Revenue Growth-78.63%
EPS Growth92.79%
CountryES
Employees365
SectorTechnology
Sector Strength88
IndustrySolar
Share Statistics
EPS (TTM)0.26
Shares Outstanding456,933,600
10 Day Avg. Volume516,149
30 Day Avg. Volume293,079
Financial Highlights & Ratios
PEG Ratio-0.08
Price to Book (P/B)-3.43
Price to Sales (P/S)1.51
P/FCF Ratio-69.47
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.58
Revenue Forecast (FY)€828.00M
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, Per...
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-sc...
Soltec Power Holdings SA Financial Statement Overview
Summary
Income Statement
26
Negative
Balance Sheet
18
Very Negative
Cash Flow
24
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 69.73M | 326.32M | 407.14M | 568.20M | 346.51M |
| Gross Profit | -5.05M | 93.42M | 168.53M | 239.39M | 127.06M |
| EBITDA | -31.59M | -57.52M | -4.63M | 35.64M | 4.74M |
| Net Income | 12.71M | -205.79M | -23.38M | 13.09M | -1.17M |
Balance Sheet | |||||
| Total Assets | 333.30M | 463.58M | 733.79M | 555.81M | 476.95M |
| Cash, Cash Equivalents and Short-Term Investments | 49.66M | 10.71M | 38.56M | 29.15M | 43.55M |
| Total Debt | 133.07M | 207.24M | 249.30M | 163.65M | 110.72M |
| Total Liabilities | 364.17M | 541.21M | 589.94M | 393.14M | 329.97M |
| Stockholders Equity | -30.73M | -77.56M | 143.93M | 162.71M | 147.03M |
Cash Flow | |||||
| Free Cash Flow | -1.52M | -2.86M | -27.42M | -59.73M | -78.41M |
| Operating Cash Flow | 1.50M | 3.57M | -5.20M | 20.73M | 17.12M |
| Investing Cash Flow | 18.31M | -13.58M | -32.19M | -99.16M | -101.20M |
| Financing Cash Flow | 5.59M | 2.54M | 60.93M | 64.02M | -5.89M |
Soltec Power Holdings SA Technical Analysis
Negative
0.84
Price Trends
0.82
Negative
0.86
Negative
0.91
Negative
Market Momentum
-0.03
Positive
10.72
Positive
6.49
Positive
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 0.84 is above the 20-day moving average (MA) of 0.79, above the 50-day MA of 0.82, and below the 200-day MA of 0.91, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 10.72 is Positive, neither overbought nor oversold. The STOCH value of 6.49 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
UnderperformOutperform
Sector (61)
ES:SOL
Soltec Power Holdings SA
0.60
-1.15
-65.68%
ES:DOM
Global Dominion Access SA
2.66
-0.61
-18.76%
ES:UMB
Umbrella Solar Investment SA
2.98
-0.72
-19.39%
ES:ATSI
Aplicaciones y Tratamiento de Sistemas, S.A.
3.84
-0.42
-9.86%
ES:RSS
REVENGA INGENIEROS, S.A.
0.75
-0.55
-42.31%
ES:HBX
Hbx Group International Plc
7.38
0.21
2.99%
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 lon...
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, chai...
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-...
Soltec Shareholders Back 2025 Accounts, Governance Changes and Auditor Reappointment
Jun 30, 2026
Soltec Power Holdings SA held its Ordinary General Shareholders’ Meeting on 29 June 2026, approving the individual and consolidated annual accounts for 2025, the allocation of results and the consolidated non-financial information statement....
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.