SolarMax Technology Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 49 out of 66 in the Electric Utilities & IPPs industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend down.Despite a very weak stock market performance over the past month, the company shows strong fundamentals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
SolarMax Technology Inc's Score
Industry at a Glance
Industry Ranking
49 / 66
Overall Ranking
414 / 4569
Industry
Electric Utilities & IPPs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Positive
SolarMax Technology Inc Highlights
StrengthsRisks
SolarMax Technology, Inc. is an integrated solar energy company. The Company is primarily engaged in selling and installing integrated photovoltaic systems for residential and commercial customers in the United States; providing exterior and interior light-emitting diodes (LED) lighting sales and retrofitting services for governmental and commercial applications; identifying and procuring solar farm system projects for resale to third party developers and related services in the People’s Republic of China. It also provides engineering, procuring and construction services; operating and maintaining solar farm projects in China; provides secured loans to purchasers of its photovoltaic systems and servicing installment sales; owning and funding renewable energy projects in the United States, and selling and installing backup battery systems for residential and commercial customers in the United States. The Company has two segments: the United States operations and the China operations.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 68.05% year-on-year.
Growing
The company is in a growing phase, with the latest annual income totaling USD 90.98M.
Fairly Valued
The company’s latest PE is -3.39, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 2.46M shares, decreasing 25.88% quarter-over-quarter.
SolarMax Technology, Inc. is an integrated solar energy company. The Company is primarily engaged in selling and installing integrated photovoltaic systems for residential and commercial customers in the United States; providing exterior and interior light-emitting diodes (LED) lighting sales and retrofitting services for governmental and commercial applications; identifying and procuring solar farm system projects for resale to third party developers and related services in the People’s Republic of China. It also provides engineering, procuring and construction services; operating and maintaining solar farm projects in China; provides secured loans to purchasers of its photovoltaic systems and servicing installment sales; owning and funding renewable energy projects in the United States, and selling and installing backup battery systems for residential and commercial customers in the United States. The Company has two segments: the United States operations and the China operations.